FOX2 News reporter Mike Colombo interviewed Jay Grosman, CEO and Founder of iAutoAgent, about potential automotive scams connected to Hurricane Harvey.
After major flooding events, flood damaged vehicles can move through the used car market and create serious risk for buyers. Vehicles may look clean on the surface while hiding water damage, electrical problems, title issues, corrosion, mold, or long-term mechanical concerns.
Why iAutoAgent Was Founded
iAutoAgent was founded because buying and selling cars can be stressful, time-consuming, and risky. The goal is to make the process easier and safer for sellers and buyers by handling the details people usually do not want to manage on their own.
For sellers, iAutoAgent creates a targeted marketing process, fields buyer calls, manages test drives, handles buyer communication, and assists with money transfer and loan payoff details.
How The iAutoAgent Process Helps Sellers
- iAutoAgent gathers the vehicle information.
- National vehicle data and pricing tools are used to evaluate the vehicle.
- An inspection is scheduled to verify condition and gather marketing materials.
- Professional photos and video are created for the vehicle.
- A targeted marketing program is customized for the vehicle.
- The seller keeps possession of the car and title while the vehicle is marketed.
- iAutoAgent handles test drives and stays with the vehicle throughout the process.
- Money transfer and loan payoff details are handled through the appropriate banks.
Why This Matters For Buyers
Buyers also benefit from a more structured process. A properly reviewed vehicle, transparent transaction, and safer communication process can reduce the risk of scams, title problems, and hidden damage.
This FOX2 News feature highlights why buyers need to be especially careful after major storm events, when flood damaged vehicles may enter the market from affected areas and be resold elsewhere.