1962 Chevy Belair Bubbletop 409/409 4-speed Turquoise/turquoise on 2040-cars
Columbus, Ohio, United States
Engine:409
Body Type:Coupe
Vehicle Title:Clear
Exterior Color: Turquoise / White
Make: Chevrolet
Interior Color: Turquoise
Model: Bel Air/150/210
Number of Cylinders: 8
Trim: Bel Air
Drive Type: 4-Speed
Mileage: 2,385
Warranty: Vehicle does NOT have an existing warranty
This is the BEST 1962 Bubbletop Bel Air in the United States! This is a two owner car that was fully restored by its current owner. The complete history of the car goes to the new owner. The work is over the top, beyond anything I have ever seen from a single individual. Most of the work was done using NOS parts and restoration of orginal parts including the restoration of the original fasteners. The underside of the car is just as clean as the outside. The car has only been cleaned with bottled deionized water, check out the bags on the pedals in the pictures this should give you an idea of the meticulous care that went into this car. Also note the lines on the upholstery in the interior, which was all hand fitted and stiched. I'll let the pictures speak for themselves. This car was also acheived a gold spinner award at the Chevy Vettefest in 1997. The only issue with the car is that it started life as a six cylinder/glide Bel Air, but all the numbers match as if it were an original 409 4-speed car. Any questions please call (614) 579-2506 8am-10pm EST.
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Auto Services in Ohio
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Auto blog
Subprime financing on the rise in new car sales, leasing too
Fri, 07 Dec 2012We all remember the financial crisis that began several years back. At its core was a splurge of subprime lending for housing loans. The housing bubble burst, triggering a collapse of the mortgage-backed securities market. Apparently, those types of loans still exist in the automotive industry, and the market share for these types of "nonprime, subprime, and deep subprime," loans has grown 13.6 percent compared to the third quarter a year ago.
According to an Automotive News report, high-risk lending expanded to 24.8 percent of total loans in Q3, up from 21.9 percent for this time last year. As this level increased, average credit scores of borrowers dropped to 755, down from 763 a year ago. In that time, the average financing amount increased $90 per vehicle, to $25,963.
At 818, Volvo maintains the highest per-owner credit score, while Mitsubishi has the lowest, at 694. The highest rate of borrowers was at Toyota, with 14 percent of the market, followed by Ford with 13.1 percent and Chevrolet at 11.1.
Why the Corvette is Chevrolet's billion-dollar baby
Thu, 28 Feb 2013Edmunds has worked up a piece that tries to figure out just how much the global Chevrolet Corvette economy is worth, a spitballed guesstimate putting the number at more than $2.5 billion with the proviso that the number is probably low. It starts by taking Corvette's new car sales of 14,132 units last year, which would equate to $714,725,900 (including destination) assuming ever car sold was a base coupe with no options. In the final tally, a little extra padding gets that number up to $750,000,000.
But that's not all. Consider this: Many of the almost 1.4 million Corvettes produced over the model's history are still on the road. There are new parts being produced and aftermarket companies like Mid-America Motorworks deaing business, that single Illinois company doing more than $40 million a year in sales. There are the Corvette events large and small, restorers who do nothing but Corvettes, salvage yards that deal only in used Corvette parts and the Corvette magazines where owners find all this stuff.
And then there are the Corvette-themed tchotchkes, every single one of which provides a tiny contribution to the huge licensing royalties that General Motors collects every year. The article admits there's no way to come to an accurate number, but it just goes to show how valuable one specific model can be to a company.
GM won't pay owners of recalled cars for lost value
Thu, 12 Jun 2014Kenneth Feinberg, the man in charge of the General Motors compensation fund dealing with the its widespread ignition switch woes, has issued an informal, two-letter response to the plaintiffs in more than 70 lawsuits seeking redress for lost resale value of their Cobalts: "No." The cases were recently combined into one, but Feinberg told The Detroit News that the fund will deal "only with death and physical injury claims," and that "perceived diminished value" will get no consideration.
ALG, the firm specializing in establishing residual values, determined that Cobalt owners had lost $300 compared to the segment competition and doesn't envision any long-term effects from the recall situation. Feinberg's statement comes in advance of public details on how the compensation fund will work and adheres to GM's long-held position on the matter. The company has already asked a judge to throw out such suits using the pre-bankruptcy defense, even as it stopped using that defense in cases of injury and death.
With plenty of potential gain from the GM suit, however, don't expect the plaintiffs to give up yet. When Toyota was sued for the same reason during the unintended acceleration debacle, it eventually settled the case for between $1 billion and $1.4 billion just to get it over with. Since the 85 law firms involved in the Toyota litigation took home more than $250 million of that total, we shouldn't expect the attorneys to give up on a GM payout, either.