Nov 2, 2017
On, September 20th a category 4 hurricane that carried 150 mph winds made landfall on Puerto Rico. It has left thousands without power, water, and with limited resources. Now as they try to get back to rebuilding their lives, jobs, and communities they are finding it is very difficult to do so with the lack of transportation. The car sales have naturally decreased dramatically after such a devastation to the island. About 1/4 of the cars were lost to flood damage. Many of the damaged vehicles will most likely end up at Insurance Auto Auctions.
We can only imagine that the demand for a vehicle is very high. With people needing to return to their regular daily lives, commuting for work, and taking their children and getting them back to a good routine at school. Simply the supply is just too low when it comes to purchasing a vehicle. But they are doing everything they can to change things little by little, and make them more available.
A Fact To Remember
We will remember just 6 months ago, when Puerto Rico claimed the Guiness World Record for the longest parade of classic cars: 2,491. It is evident that puerto rico has one of the highest rates for car ownership in the world.
Positives For The Future
Taking one day at a time, we will slowly see little improvements. As different organizations, associations, and families that were not effected by the hurricane season this year, will continue to try to pull together what they can to donate to the island and the people there. Getting the remainder who stayed on the island back on their feet.