Monday, July 17, 2017

More carpocolypse.



I noticed this site a couple of months ago. It's full of Mitsubishi's and Nissans. I also believe this is a shadow inventory site. When car companies start parking new cars on other companies properties - that is just sort of odd. This is a Bobcat storage site.

At least they keep this site well maintained. A lot of the cars still have the protective shipping plastic on their roofs. And they have the sale stickers still on their windows. But they have been there so long now that they are getting pretty dirty.







8 comments:

Anonymous said...

there is one in Antioch that is filled with nothing but recalled the VWs. the owner claims that they are holding them there in preparation for going to a new car lots but all of them are the diesel ones with problems. Buy as many VW cars as you can take the court refund money and then abandoned the cars = healthy profit? df

she said: said...

Why would they pay to store those? That's odd. I mean, I thought they just shipped these types of cars off to other countries.

Anonymous said...

The name of the company is Amports, the size of the lot is 107 acres and you literally could not Park another car on it. who the heck knows how they make money but it's pretty spooky to see all the vws lined up. while we're on the topic of ghost car lots I saw one two weeks ago across the street from the Newark mall in Fremont. the store that the parking lot was for used to be a Halloween superstore so it hasnt been rented for at least 10 months. traditionally people are supposed to keep their car payments 3 years or less and at less than 10% of what they make. For your basic $25k car trade in, that means $750 per month, so that begs the question of how all these people making less than $90,000 a year are paying for their fancy cars? How are the Audi drivers affording theirs?

Df

she said: said...

That is crazy. I'm going to be down in the Valley tomorrow and that's right on the commute back. I might try to check that out. Makes you wonder how long before some of these dealers start going bankrupt.

They juiced the economy with cheap financing and now we get to pay I guess. I wonder how the first domino is going to fall.

MacD said...

There's one of these in Coquitlam, BC (suburb of Vancouver). Can't see it from the highway, but definitely from the commuter train. Truly bizarre.

she said: said...

Wow. I wonder what the feedback loop is that is making them not shut off the spigot.

MacD said...

It's like the farmers in the EU paid to get rid of the crops. Not a good sign.

she said: said...

Yeah. I try not to think too deeply about the knock on effects. They really brought demand forward trying to juice the economy.