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Repo Man Takes Car—And The Toddler Inside

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Haven't we seen this before—in a movie?

In San Jose, California, a used-car dealer—Alberto Luna, of Alberto's Auto Sales, also in San Jose—was a Bad Man. He repossessed Isabel Leuvano's Honda Accord while her two-year-old son was sleeping inside.

According to the Associated Press, it took officers about a half-hour to locate the child, also reported by Luna, and kidnapping charges probably won't be made.

Repossession rates fell slightly in 2009, after hitting an all-time high in 2008, though it remained very high, at more than five percent of vehicle loans (new and used combines), according to CNW Marketing Research.

AutoLoanDaily.com, citing those CNW figures last month, said that higher interest rates in 2009 kept those with bad credit from being approved for loans, helping to counter the repo trend. Further repos should drop as well.

Yet there are still undoubtedly dealerships that are taking matters into their own hands to move vehicles. For instance one San Jose dealership called Alberto's Auto Sales (not necessarily the one mentioned above) advertises itself on its web site as "A better way to buy your next car," boasting a 100-percent approved credit application with zero-percent financing and zero-percent interest. "We will not turn you down," the business declares.

[Associated Press, via Fox News]

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Comments (3)
  1. Shouldn't the childs mother be charged for leaving the toddler in the car unattended?
     
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  2. GM doesn't seem to be able to learn from its bankruptcy. Even with the high repo and unemployment rats GM is still building many expensive vehicles like its Buick and Cadillac cars. GM should concentrate almost 100% of its resources to build inexpensive cars like its Cruze and Aveo, both the sedans and hatchbacks. And make them profitable. In order to survive GM must build inexpensive cars that it can sell a lot of. GM may make bigger profit per unit of expensive cars but if not enough units are sold GM would still lose money. I am glad Ford is paying a lot of attention to its Fiesta and Focus. If GM fails again, it'll be the end of GM. There could be no more bailout for it. It appears to me Bob Lutz is still pushing for more expensive cars like he did before GM's bankruptcy.
     
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  3. Neither Cruze or Aveo are cheap (brand new Corollas and especially Versas are often cheaper than the Korean Aveo) or built by GM, brother...
     
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