It happens after every major flood catastrophe: Tens of thousands of cars are inundated by storm surge or rising waters from heavy rain. Insurers declare them total losses and sell them to salvage companies.
Many end up in scrap yards, where reusable parts are stripped and the remainders are crushed.
Others, however, are bought at steep discounts by low-volume flippers who air them out and polish them up as best they can before posting them on Craigslist or parking them on a corner with a For Sale sign in the window.
