1971 Chevrolet Nova Drag Car on 2040-cars
Joliet, Illinois, United States
Body Type:Coupe
Engine:400
Vehicle Title:Clear
Fuel Type:Gasoline
For Sale By:Private Seller
Interior Color: Black
Make: Chevrolet
Number of Cylinders: 8
Model: Nova
Trim: 2-door
Drive Type: 3-speed
Mileage: 196,897
Exterior Color: Blue
1971 Chevy Nova Drag/Race Car. 400 small block 30 over with 12 to 1 compression. JE pistons, Scat pro-comp 6" rods, forged steel crank, Comp Cams push rods, Crower 540 lift solid mechanical camshaft/lifters/springs, Proform timing gear, Sportsman II/World Products cylinder heads with 2.02/1.60 Manley valves, Victor Jr. single plane intake, 750 Holley double pumper (mechanical secondaries), DynoMax open headers, MSD distributor and 6AL ignition system with 2-step rev limiter, NOS Powershot system with independent fuel pump, fuel cell, Holley electric pumps (blue/red), TH-350 race-built manual shift with JW bellhousing and 4500 stall converter, custom driveshaft (super strong), linelock, bulletproof 10-bolt 8.5 spool rearend with 4.56 gear and welded tubes, Superior chromoly axels with c-clip eliminators and race wheel studs, MT 28" slicks, Moroso front runners, Pro Star wheels by Weld Racing all around, sub-frame tied, 6 point roll cage fit around mostly stock interior, new quarter panels, 1 new rocker panel, fiberglass hood, new rear bumper, body is in fair shape (a few dings and paint chips here and there). Only 7 passes on the motor. RACE READY! Win it and go racing. Car ran 11.10's without NOS. Buyer is responsible for vehicle pick-up or shipping. Showings are available upon request before the end of the auction. Payment must be received in full within 7 days of the end of the auction. GOOD LUCK!
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Auto blog
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.
Next Corvette ZR1 to get 700 horsepower?
Tue, 19 Feb 2013Word has it General Motors may offer as much as 700 horsepower in the C7 Corvette ZR1. Motor Trend reports the next Corvette Z06 will continue to rely on its naturally aspirated 7.0-liter V8 engine for thrust, but the lump will deliver substantially more power. How much more? MT says the engine could deliver up to 600 ponies. That's a jump of 95 horsepower over the current Z06, though no figures have been finalized as of yet. Right now, GM is reportedly waiting to see what sort of grunt it can glean from the next ZR1.
The automaker has already made it clear it will resurrect the LT5 name for the new supercharged V8, and if GM is already pulling 600 from the Z06, the big dog ZR1 would theoretically offer 700 horsepower. Either way, the range-topping Corvette will be suitably insulated from its less potent siblings. Stay tuned. We aren't likely to see the Z06 for at least a year, with the ZR1 trailing along at some point there after.
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.