Chapter 42 » bank seized sales event http://chapter42.whitewhale.net Thu, 30 Sep 2010 17:20:47 +0000 http://wordpress.org/?v=2.8.4 en hourly 1 A possible clue to the cause of the current economic situation http://chapter42.whitewhale.net/2008/06/04/a-possible-clue-to-the-cause-of-the-current-economic-situation/ http://chapter42.whitewhale.net/2008/06/04/a-possible-clue-to-the-cause-of-the-current-economic-situation/#comments Thu, 05 Jun 2008 04:11:06 +0000 Jason http://chapter42.whaleblogs.net/?p=29 I’m lucky to be able to ride my bike to work from my home, near Piedmont Avenue, to our office in downtown Oakland.  Somewhat ironically, the road from home to work— Broadway from around Macarthur to around 20th— is known as the Broadway Auto Row.  In its heyday, it was apparently a pretty glamorous place— my girlfriend’s grandfather used to be in the car business, and bringing the family to visit his clients on the Auto Row was a highlight of her life as a child.  But now there’s not much to it: mostly a line of fairly sad car lots, some no more than storefronts with a few used cars for sale in a parking lot, and the occasional new car dealership that just feels out of place, like it’d rather be in the suburbs.

Anyway, I’m riding to work the other day, past one of the lots (I think it was the GMC/Subaru/Toyota place, I’m not sure), and I see this:

If you can’t read it: the sign in the background says “EASY FINANCING AVAILABLE,” and the sign in the foreground says “BANK SEIZED SALES EVENT.”  Basically, “we’ll make it super easy for you to buy a car that was repossessed from the last guy we made it easy for.”

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