Superstorm Sandy left about a quarter million dead cars in its path, Reuters figures. It mioght even drive up cars sales.
There is no official number yet on how many cars have been destroyed in the storm. “We believe that between 100,000 and 250,000 vehicles currently in operation could be removed from used vehicle supply once all is said and done,” said Laurence E. Dixon III, senior analyst with the National Automobile Dealers Association. Reuters think it is at least 266,000 vehicles.
Some consumers with damaged vehicles may need to replace them with a new car, said Mark Schienberg, president of the Greater New York Automobile Dealers Association.