One Florida Kia Dealer Lost 672 Cars to Hurricane Helene
Hurricane Helene has unleashed terrifying flooding and killed more than 100 people over the last few days, but the damage will take months to assess. There are likely thousands of flooded vehicles strewn across several states at the moment, sitting in concentrated numbers on dealers’ lots. One Florida Kia dealer was hit especially hard, saying that it lost 672 cars to the storm.
Kia dealer Ken Ganley told Automotive News that his store lost 660 new and used vehicles to flooding, and 12 customer cars were totaled in the process. He estimated the damage to reach between $28 and $30 million, and with a $5,000 deductible per vehicle, his store is on the hook for around $3.5 million to the insurance company. Flood waters can have odd effects on vehicles, and Ganley said that some of the damage came from fires and airbag deployments.
Coastal states like Florida are hard-hit by storms like Helene, but they are better prepared to weather the impacts than areas like Western North Carolina. There, flood waters funneled through deep mountain valleys caused massive damage, washing away entire towns and most roads.
Once all is said and done and cleanup efforts are underway, there will be plenty of decent-looking flood cars to deal with. Some of these will almost certainly end up in the hands of unscrupulous sellers who are willing to put a little effort into getting them running. Dealer-totaled vehicles likely have thorough documentation to prevent such scams, but it’s a good idea to be on high alert if you’re shopping for a used vehicle in the next year or so.
[Images: Best-Backgrounds, Fernando Astasio Avila via Shutterstock]
Become a TTAC insider. Get the latest news, features, TTAC takes, and everything else that gets to the truth about cars first by subscribing to our newsletter.
Chris grew up in, under, and around cars, but took the long way around to becoming an automotive writer. After a career in technology consulting and a trip through business school, Chris began writing about the automotive industry as a way to reconnect with his passion and get behind the wheel of a new car every week. He focuses on taking complex industry stories and making them digestible by any reader. Just don’t expect him to stay away from high-mileage Porsches.
More by Chris Teague
Latest Car Reviews
Read moreLatest Product Reviews
Read moreRecent Comments
- Cprescott The truck was a deal when first launched. It is not a deal now and appears to be only good to be an urban cowboymobile instead of a serious truck based on range issues.
- Kwik_Shift_Pro4X It is a money losing venture. Like a country that is $35 trillion in debt and still able to give away tens of billions of dollars when asked.
- SCE to AUX YTD sales of the Lightning are up 86% vs 2023, but I was told here that sales were dropping. https://insideevs.com/news/735988/ford-record-ev-sales-q3-2024/
- Theflyersfan $2000 on what could be a $90,000+ truck that loses a lot of range when asked to use it like a truck. How generous of Ford. I shall write a check for one right now.
- Tassos BAck to the article: 2 grand for an $80k truck? Really? I bet it will cost FOrd very little, since there will be few, if any, takers. ($2k to switch from an ICE to an EV? Add a zero better, Ford!)
Comments
Join the conversation