Tuesday, May 26, 2009

Update: No Free Cars, Rain Just 0.43 Inches

UPDATE: The final rainfall total has been released for yesterday in Greeley, Colorado, and now one insurance company can breathe a heavy sigh of relief.

As a promotional gimmick, a Greeley car dealer had promised to give all the money back to everyone who had bought a car between May 13 and 16, as long as it rained at least one inch between 7 a.m. and 7 p.m. on Memorial Day. That is, if Memorial Day brought at least an inch of rain at the official weather station at the Greeley airport, all 34 cars would have been free.

Even though an inch of rain in 12 hours in May was unlikely, the dealership had nevertheless found an insurance company willing to accept money from the car dealer in exchange for taking over the obligation to pay out the $800,000 should the heavens open.

Well, the official rainfall measurement was announced moments ago, and just 0.43 inches of the wet stuff were recorded: unusually high rainfall for such a short period, but less than half of what was required to make the insurer of the deal pay off.

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