#Tag
For years, a Connecticut towing company sold cars at a deep discount to a firm owned by a longtime DMV employee, Dominik Stefanski.
In one case, he bought a Cadillac for $1,000 and sold it for $17,500.
https://www.propublica.org/article/connecticut-dmv-fires-employee-who-made-thousands-selling-towed-cars?utm_source=mastodon&utm_medium=social&utm_campaign=mastodon-post
Connecticut towers insist they’re selling junk cars. It’s impossible to know the conditions of every vehicle.
But an analysis by The Connecticut Mirror and ProPublica shows that in nearly half the cases, the asking price was 50% or less of the book value.
https://www.propublica.org/article/connecticut-towing-law-data-dmv?utm_source=mastodon&utm_medium=social&utm_campaign=mastodon-post
Connecticut towers insist they’re selling junk cars. It’s impossible to know the conditions of every vehicle.
But an analysis by The Connecticut Mirror and ProPublica shows that in nearly half the cases, the asking price was 50% or less of the book value.
https://www.propublica.org/article/connecticut-towing-law-data-dmv?utm_source=mastodon&utm_medium=social&utm_campaign=mastodon-post
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