Mercedes & Jaguar on cheapest price in Chennai after floods

To have a Jag or a Merc is a dream for many. Now many people can turn their dream into reality with expensive luxury cars being sold at a cheap price - all because of Chennai floods. About 80,000 vehicles - including two-wheelers - were damaged during the Chennai floods in November last year. Now, the insurers who have acquired this inventory are selling off the cars - in the open market, online auctions - for 25-45 per cent of their insured declared value . Car dealers from all over the country are flocking to the southern metropolis to buy these cars.