The article has a paywall, tried to bypass it but it's there pretty good.
A friend has a car that was given to him as a loaner from the company he works for. It's nothing special, an old higher-end Nissan, but it's a freebie where all he does is pay for gas. Thing is well past it's prime, and is entering unsafe territory as the frame and strut towers rot away, it's missing the exhaust, and has some serious issues with the engine and AC system. It's really unsafe due to the amount of rust and rot on the structural members - I'm talking holes large enough to put your hand through.
Company is now owned by kid who looked at it and said the maintenance is just costing us too much, take it to carmax and get an offer, if you want to buy it, your price is half of whatever they offer. He takes it to carmax, and even in the completely rotted condition it's in, they offered him $1000 for it.
Friend used to work for a Cadillac dealer as a mechanic and did auto auction buying and selling for the company. Said that if he'd offered that much on that kind of a car, he'd lose his job. But seeing as how every kind of new vehicle dealer, including RV and commercial truck dealers, are short inventory - yeah, strange times.
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