Why used car market just got more dangerous for buyers

ORLANDO, Fla. - In the Orlando-area neighborhood of Orlo Vista, residents are having to work around flood-damaged cars, figuring out carpooling schedules to make sure everyone gets to school and work. But that may get harder soon. 

Mechanics warn even the cars that are still functional after a flood could start seeing problems later on.

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I remember when Katrina happened, Central California got a shitload of hurricane cars and the dealers didn't even bother trying to hide the signs.

I've heard first hand stories of prospective buyers lifting the hoods on vehicles in the lots and seeing high water marks on the firewalls, and this was in an area that got 12 inches of rainfall in a good year.