article thumbnail

Parking Lot Fire Destroys 30 Cars At Houston Apartment Block

Carscoops

Making things worse for some owners is the fact that their cars were not insured. According to investigators, it started with an electrical short in one of the cars but quickly spread to almost the entire parking complex. Fortunately, the blaze appears to have not spread to the ground floor and was extinguished by local fire crews.

Insurance 111
article thumbnail

Ferrari Testarossa Goes Up In Flames In California

Carscoops

The blaze also spread to the house, damaging a small section of a wall, but fortunately, it was extinguished before the entire house went up in flames. Here’s hoping the owner of the car has a comprehensive insurance policy on it and will get paid out. The rear window has also been busted, as have the two rear quarter windows.

Spread 111
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Dealers' margins squeezed by EV shift, greater consumer protection

Autocar

The lower-margin business of new car sales has traditionally been supplemented by aftersales, finance and insurance Dealers are facing a profit-margin squeeze from the double whammy of the transition to EVs threatening their lucrative aftersales business and a legal clampdown curtailing profitable commissions for selling finance and insurance (F&I).

Finance 103
article thumbnail

Would You Drop $500,000 To Fix This Wrecked Lexus LFA?

Carscoops

Read: Lexus LFA Successor Rumored To Launch As A Hybrid, Then Morph Into An Electric Supercar As the LFA veered off the road and took a beating from multiple impacts, the damage spread far beyond just one panel or area. Back then, he estimated it would take a cool $400,000 to $500,000 to get the LFA back on the road.

Repairing 111
article thumbnail

What are the best first cars for enthusiasts?

Autocar

We’ve scoured the classifieds, weighed up countless options and run more insurance quotes than we care to remember to find 10 perfect first cars for petrolheads. We’ve scoured the classifieds, weighed up countless options and run more insurance quotes than we care to remember to find 10 perfect first cars for petrolheads.

Insurance 111
article thumbnail

These Are The Safest Small SUVs According To IIHS

Jalopnik

The Insurance Institute for Highway Safety (IIHS) conducts crash tests of hundred of vehicles every year to let the public know just how safe the vehicles they buy are. This year, there are over 60 vehicles spread across myriad segments that scored good enough across a multitude of categories to be named an IIHS Top… Read more.

Spread 55
article thumbnail

Penticton Toyota rises from the ashes

Canadian Auto Dealer

The fire ran through the roof of the service area and spread. The ownership had business interruption insurance. “It The fire occurred on May 11, 2022, due to two individuals who set fire to a container with flammable materials next to the facility. It took almost 10 months to build the new facility.