· Defender of Reality
Total loss with that much water. Those Jeeps will have to be scrapped. Tough break, but somebody had to know damned well that was a major flood risk to have 3-4’ of water there…
Easy enough to pull computers, I'd think, I wonder if the interiors were touched by the water. Not all the vehicles were hit, apparently, some are clearly high-and-dry, so it might be a few dozen only.Anybody think the semiconductors can be pulled from those vehicles?
They need to hope insurance covers it. If that lot was in a flood zone (no way it couldn’t be) they may NOT be covered for assets in the flood plain.They cannot afford to lose one vehicle with the shortage.
Insurance will cover it, but it is not like a customer sale.
It wouldn't be Jeep that does anything with them, but if the insurance company covers them, then they belong to the insurance company which might decide to sell them at auction houses. Where they end up after that can be anyone's guess.No dealerships involved, these vehicles are still in Jeep custody, and I doubt they will be sleazy about it.
If these can't be considered "finished" vehicles, because they weren't ready to sold, then they really aren't anything more than just a bunch of parts.In normal times, large numbers of vehicles aren't stored like this, and since these aren't "finished" vehicles and the flood zone question, (where I live the Fed gov't has declared flood zones that haven't seen water since Noah), I have to wonder what type of insurance the car companies have. Can STELLANTIS just call and ask for " Jake "?
Some companies have insurance on WIP (work in process). Regardless, Stellantis will only be reimbursed for the value of the vehicles and will lose the profit on each one that is declared a loss.If these can't be considered "finished" vehicles, because they weren't ready to sold, then they really aren't anything more than just a bunch of parts.
What kind of insurance would there be on parts?