It was 1987.
An ad in the Classified section of the local newspaper section in North Bay, Ontario, where we lived read, quite simply: "Cadillac for sale - $50.00"
Puzzled, two students of the North Bay university, both having $25.00 to spare, responded to the ad and much to their surprise, ended up buying the car - a two year old Cadillac in mint condition, with absolutely no liens or payments attached to it - for $50.00!
So what was the story behind their good fortune and luck?
In a bitter dispute, the former husband in the divorce paper had ordered his former wife to sell the Cadillac and give the money to his mistress. And she did, handing over the $50.00 she sold the car for.