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From: Oscar Voss on 13 Mar 2010 23:08
"Scott in SoCal" <scottenaztlan(a)yahoo.com> wrote in message
news:i7pgp5p06eo9rp4blo50ong3kotqaol73k(a)4ax.com...

> One cynic went so far as to suggest that Sikes may have been
> upside-down in terms of equity in his Prius. Unable to sell the car,
> he decided to stage this little incident in order to rid himself of
> the albatross. Hence the visit to the stealership, the 911 call, and
> the involvement of the CHP - all in careful preparation for either an
> insurance claim or a lawsuit.

At least until Toyota's very recent troubles, Priuses tended to hold their
value pretty well. Indeed, when I bought mine two years ago, used Priuses
were almost as expensive as new ones. So it would be less likely than usual
for a Prius owner to end up "upside-down" on his car loan.

Besides, "upside-down" car owners are nothing new (for example, some SUV
owners back when gas prices shot over $4/gal.), but the ones looking to get
rid of their vehicles seemed to find less interesting ways to do so.

--
Oscar Voss - oscar.voss(a)comcast.net - Arlington VA

my Hot Springs and Highways pages: http://home.comcast.net/~oscar.voss/
Hawaii Highways: http://www.hawaiihighways.com/

From: Otto Yamamoto on 14 Mar 2010 19:47
On Sun, 14 Mar 2010 15:51:00 -0700, Scott in SoCal wrote:

> Actually, it was a lease, and at least one source is reporting that he
> is several months behind on his payments. Toyota is listed as one of the
> creditors in his bankruptcy case.

'Several Months?' Bah. My ex got 4 mos behind on hers and the repo man
was round straight away. My name was on the loan, too :P



--
Otto Yamamoto
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