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Public auction of a large number of flooded cars: 20,000 RMB for BMW and only 100 RMB for Santana, Kaiyue and Wuling

2024-09-17 Update From: AutoBeta autobeta NAV: AutoBeta > News >

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Typhoon "Lekima" made landfall in Taizhou, Zhejiang Province in mid-August, causing many natural disasters and heavy losses. After the typhoon, a large number of flooded vehicles need to be disposed of, and many open spaces have become temporary parking lots for insurance companies, and flooded cars and scrapped vehicles have been transported here, of which more than 10,000 vehicles have been completely damaged in Linhai, Taizhou, and the temporary parking lot of a shipyard is full of flooded cars or scrapped cars.

It is understood that these scrapped vehicles with total loss due to water intake will be entrusted by the insurance company to a third party for sale after determining the total loss.

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A few days ago, these flooded cars in Linhai, Taizhou were auctioned online. A Toyota Lei Ling double Rock starts at 50, 000 yuan, Toyota Hanlanda starts at 120000 yuan, and BMW X1 starts at 20, 000 yuan. There is even a 2005 Santana, 2007 Buick Kaiyue, 2009 Wuling Light, starting price only 100 yuan.

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According to the special description of the auction, the vehicles in this auction are completely damaged and flooded by the insurance company. The auction company also reminded that in view of the particularity of flooded cars, the auction company cannot guarantee the quality of the auction targets, does not bear any liability for defects, and does not make any guarantee for the photos, car conditions and descriptions provided by the company, and the targets are auctioned according to the status quo. Bidders shall have the responsibility to take the initiative to survey and examine the vehicles and procedures, to understand the actual situation of the relevant auction targets and to bear legal responsibility for their own acts of bidding for auction targets. Once the bidder has gone through the bidding procedures to participate in the bidding, he shall be deemed to have understood all the contents of the relevant auction activities, recognized the current situation of the auction targets, and shall be willing to bear the corresponding responsibilities. If the bidder fails to carefully investigate the auction targets on the spot and causes losses to the bidders, the bidders shall not raise any objection on the grounds that the auction targets do not meet their expectations after the auction is completed, and the losses shall be borne by the bidders themselves, so the bidders are requested to participate in the bidding cautiously.

Water-flooded vehicles are prone to these problems, such as electronic equipment failure, line aging, mildew of interior decoration, rust of frame, engine failure and so on.

Some netizens said that the biggest problem with the bubble car is what problems suddenly appear when it is running, and the failure rate is very high. Another netizen said, "it's best to take the master there for luck, or you can buy it back and repair it until you collapse. If the engine is fine, it's basically fine, but if the electrical components include the circuit." Ha ha, minor ailments can make you practice until you collapse. "

Industry insiders said that such vehicles will generally be taken away by people qualified for repair or disassembly, and then disassembled for use as dismantling parts, and some vehicles will flow into the second-hand car market after maintenance.

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