- Category: Widget
- Published: Thursday, 07 November 2013 10:40
- Written by Super User
- Hits: 53
Victory State Bank Points to Storm Damaged Car Warning
STATEN ISLAND, N.Y. – Victory State Bank wants to alert our customers to a recent influx of hurricane damaged cars popping up in private sales and on used car lots. Almost a year after Hurricane Sandy, storm damaged cars are still being sold to unknowing buyers. If you’re shopping for a new ride, here’s how to spot a storm-damaged vehicle according to the Federal Trade Commission.
- Look for
- Do a smell test.
- Get a vehicle history report. The current title is no guarantee that the car is clean. Flooded and salvaged cars can be re-registered in other states with clean titles, and then sold without disclosing the damage. That's called title washing. Your best bet is to use a service that will check the zip code where the car was last registered, and tell you if it was registered in a flooded area. Check a trusted database service that gathers information from state and local authorities, salvage yards and insurance companies for an independent and efficient review of a vehicle’s history. For example, the Department of Justice’s National Motor Vehicle Title Information SystemNational Insurance Crime Bureau
About Victory State Bank:
VSB Bancorp, Inc. (NASDAQ: VSBN) is the one-bank holding company for Victory State Bank. As Staten Island, N.Y.’s only community-based commercial bank, Victory State Bank operates five full-service locations on the Island: The main office in the community of Great Kills, and branches in the communities of West Brighton, St. George, Dongan Hills and Rosebank. For additional information, Victory State Bank may be reached at 718-979-1100 or visited online http://www.victorystatebank.com.
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