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A Detroit area disabled mother of six, LaWanda Flake, fed up with unreliable public transportation in her neighbourhood and no car, decided to do something about it.
So she posted an ad on Craigslist looking to trade her house for a vehicle. As crazy as that sounds, Flake’s home was actually a foreclosure property that she’d bought for just $3,600 even though the city had evaluated the dwelling at some $96,000.
After responses to the ad in which she was offered cars such as a 1996 Bentley Brooklands and even a Corvette, Flake settled on a used 2006 Chevy Uplander minivan with 85,000 miles on the clock. The vehicle, worth around $6,000 was traded for her four-bedroom house.
For Flake, the idea behind the swap wasn’t to profit, but to result in an outcome that was beneficial to both parties, as a result she now has a vehicle to get around, and the family that sold her the van now have a decent home to live in and one in which they’re happy to perform upgrades that Flake wanted to do but couldn’t.
Since the deal took place, Flake has been able to find another house to live in, this time a three-bedroom property that she got thanks to a $4,000 land contract. Smart thinking.
[Source: Detroit News]
The British would rather buy a used car from Barack Obama than David Cameron, according to a poll that measures the public’s trust in political leaders.
The YouGov poll, conducted on behalf of Craigslist, asked over 2,000 Britons who they would trust if they were buying a used car from a global leader, and Obama ranked first, with twice as many respondents preferring to buy from him than anyone else. Barack Obama captured 28 percent of the vote, followed by Angela Merkel at 14 percent. Not fairing so well is Silvio Berlusconi – 35 percent of the respondents said he was the world leader they would be least likely to buy a used car from. Other politicians on the list include Vladimir Putin and Nicholas Sarkozy.
“If Obama fails to win reelection next year, he could always launch a used car business in the UK”, says Jim Buckmaster, CEO of craigslist. “But he should clearly avoid partnering with Silvio Berlusconi, or even David Cameron.”