Thousands of flood-damaged cars from Dubai in the UAE pose a potential threat to the Nigerian used car market. Unlike those with comprehensive motor insurance, owners with only third-party liability insurance must bear the costs of flood-related repairs. Consequently, many owners lacking comprehensive insurance are likely to sell their damaged vehicles in the used-car market.
These flood-damaged cars, often appearing undamaged externally, are expected to be exported to countries like Nigeria, where they will be sold to unsuspecting buyers. To protect themselves, potential buyers of second-hand cars are advised to obtain a vehicle history report and conduct thorough physical inspections, including checking for a stale odor indicative of water damage.
Floodwaters can wreak havoc on a vehicle’s electronics, lubricants, and mechanical systems over time. Despite outward appearances, corrosion caused by flood damage can compromise vital electronic components such as airbag controllers, as noted by Consumer Reports. The recent record-breaking rainfall in the UAE, particularly in Dubai and Oman, has resulted in extensive damage to thousands of vehicles.
Car owners without comprehensive insurance coverage are left solely responsible for the expensive repairs necessitated by flood damage. Consequently, many of these damaged vehicles are expected to flood the used-car market, posing risks to unsuspecting buyers. Given the potential consequences of purchasing a flood-damaged vehicle, thorough due diligence is essential for anyone considering buying a second-hand car.
