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A few hundred cast new cars and SUVs that were partially or absolutely abysmal in the below banal yards of auto dealerships beyond Kerala in the contempo floods will anon be up for auction at abundant discounts, or awash as scrap.

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This brings aback memories of 2013 aback 250 SUVs of an auto cast anchored in its stockyard in the actual suburbs of Ernakulam were inundated, abounding of them up to the roof.

“Most of these cartage were awash at 50% abatement afterwards they were bankrupt and repaired, to a banker alfresco Kerala. The ones that suffered accessory accident were awash with assurance cover, while cartage that incurred added accident were awash sans warranty,” sources in the dealership said.

Demo cars

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A few of these cartage were inducted by dealers as audience cars, while some others were awash to agents at bisected the affairs amount or to rent-a-car firms, they added.

In the deathwatch of floods, car manufacturers accelerate their aggregation to appraise the damage. They block auction of such vehicles. Thus, dealers advertise such cars as acclimated cars, with or after assurance cover.

The all-embracing costs of cartage bent in the floodwaters are met from allowance awning of stockyards, which covers accustomed calamity, floods, and burglary.

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Scrapped for genitalia

As a norm, car dealerships shortlist cartage abounding aloft the council akin for actuality awash as scrap.

Scrap dealers and their agents generally alight in flood-ravaged places beyond the country to buy such cartage from which they deliver additional parts, anatomy panels, tyres, etc., which are baffled to the buzz market.

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The contempo floods acquired barrage of a brace of car stockyards in the suburbs of Kochi – at Aluva, Muvattupuzha – and additionally in Thrissur, it is learnt. Both the banker and the architect ache accident aback the stockyard or dealership is flooded.

Festival season

This time, best dealers had about 30% added banal of cast new cars, apprehension an access in auction during the Onam blithe division that extends from July to September, said Rajwanth Ben, administrator of an auto dealership close in Kochi.

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“The insurer pays alone for actual damage, while it may booty up to two months for afflicted dealers to animation back. On their part, manufacturers would accept spent big sums on marketing,” he said.

While there will be abounding who are agog to acquirement new cars that are actuality awash at huge discounts, there will be others who will go the added mile to ensure that the car they intend to acquirement was not bent in a flood situation, he added.

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