Focus Fanatics - View Single Post - 15,000 Hurricane Sandy cars up for auction.
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Old 01-02-2013, 08:15 PM   #23
goinloco1
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Join Date: May 2004
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Quote:
Originally Posted by elsolo View Post
Maybe I have lost the ability to clearly explain simple things.

The insurance companies OWN those junk cars.
They can sell them at auction as "parts cars" or whatever you want to call recovering maximum scrap value from their investment. That does not imply that they need to sell them as scrap steel shreds.

The owners (insurance companies) would lose their investment if the government did step in and make some dumb law about flood damaged vehicles not being able to be auctioned off as salvage vehicles.

I don't know how this is confusing to you.
My bad... musta been this line which you so clearly put.
I took it you were talking the owners losing their investment, or who were you talking lose their investment?

So you want the government to pay the current owners of the vehicles, or should they be forced to lose their investment?


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