1985 Chrysler Lebaron Base Coupe 2-door 2.2l on 2040-cars
Portland, Connecticut, United States
We are pleased to offer this gorgeous 1985 Chrysler Lebaron. This K car is powered by its original 4 cylinder 2.2 Liter Fuel Injected Motor. This car is in extremely original condition and has 15,275 original miles. This car was on a “Chasing Classic Cars” Episode, purchased by Wayne Carini out of a nice barn find collection. This car runs and drives very nicely and is in overall great shape for a 29 year old car. This car is being sold As Is, Where Is so please come drive and look at before bidding. This car is being sold on a Massachusetts Registration and a Connecticut Q1 Bill Of Sale.
Please contact Mike Roberts at F40 Motorsports to set up an appointment to view and or inspect this vehicle. (860) 342-5705 or mike@f40.com
We are a Licensed CT dealer, CT residence are subject to 6.35% sales tax up to $50,000 anything over $50,000 is 7%. The vehicle is being sold “as is” on a CT Q1 form and Reassignment of the Title to winning bidder. Serious bidders only please. Bidders are encouraged to inspect the vehicle before the auction ends. For more information or to set up an appointment Please contact Mike at F40 Motorsports at (860) 342-5705 or mike@f40.com. Normal business hours: Monday – Friday 9AM-5PM Saturday by appointment only Sunday closed
We reserve the right to end the auction early if the vehicle sells before the auction ends. Within 24 hours of the auction ending the winning bidder must contact F40 Motorsports and Pay the full amount either by Bank to bank Wire transfer or by certified bank check within 5 business days. The winning bidder is responsible for shipment of vehicle.
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Auto Services in Connecticut
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Auto blog
Fiat and UAW back at negotiating table over Chrysler stake
Mon, 23 Dec 2013We knew there'd be no Chrysler IPO before the end of this year, but Fiat is determined to get the best run going into 2014 and is back at the poker table with the UAW. The delay was said to be Chrysler's desire to clean up a tax issue with the IRS; turns out that also bought the carmaker time to try and close a deal for the UAW's 48.5-percent stake in the company before the IPO happens.
Whereas the price Chrysler was willing to pay was once more than $1 billion under the UAW's asking price, the gap has closed to just $800 million of late. A recent valuation of the company at $10 billion - a valuation the UAW has disputed - means Fiat would be looking to pay about $4.2 billion instead of the $5 billion that the UAW seeks. But the UAW needs to hold out for the highest amount it can get because its pension obligations through the Voluntary Employee Benefit Association (VEBA) are $3.1 billion greater than the VEBA's assets, which include the Chrysler stake.
There's a clause in the agreement that Fiat can buy the VEBA shares for $6 billion, but Fiat CEO Sergio Marchionne has said that the UAW "should buy a ticket for the lottery" if they even want $5 billion. The UAW, though, has more time to wait; it's Fiat that wants access to Chrysler's $11.9-billion war chest and that would like to avoid the risk of paying the full $6 billion for the UAW share if the float really takes off. With other valuations of Chrysler as high as $19 billion, a hot IPO could make that $6 billion look like a bargain.
Chrysler IPO to be filed as early as this week
Mon, 16 Sep 2013An initial public offering for the Chrysler Group could happen this week, following Sergio Marchionne's comments to Financial Times in London, according to a report from The Detroit News. Fiat, which owns 58.5 percent of Chrysler, has been in a battle with the UAW retiree healthcare trust over its minority stake in the company. While the automotive union recognizes its role as a temporary shareholder, the two couldn't come to an agreement on how the shares should be priced.
As Marchionne explained to FT, a Chrysler IPO allows the market, rather than the two competing sides, to determine the value of the shares. The public offering is a risky move, which could potentially hang one side out to dry - if the shares go high, it's bad news for Fiat, but if they go low, the UAW stands to lose. Regardless of where the stock prices go in an IPO, though, it's a move that's being supported by analysts, who are quick to cite Chrysler's near-constant growth and a product lineup that is getting healthier with each new introduction.
Fiat to list on New York Stock Exchange?
Mon, 06 Jan 2014Citing the ever-nebulous "two sources close to Fiat," Reuters is reporting that the Italian automaker and owner of the Chrysler brand is likely to list itself on the New York Stock Exchange. The move could reportedly happen as soon as 2015, marking the end, at least in the minds of investors, of Fiat's 115-year base in Turin, Italy.
The Italian government is not likely to react favorably to Fiat's potential move from Italy to the United States, despite initially positive reactions to Fiat's landmark final purchase of Chrysler, the third-largest automaker in the US. Fiat spent $3.65 billion to buy out the 41.46-percent stake in Chrysler that had been owned by the United Auto Workers' VEBA trust fund.
With little sign of a swift European recovery, Fiat has little choice but to focus on markets outside its traditional home, and a listing in New York could potentially be a boon for investors. According to International Strategy and Investment analyst George Galliers, speaking to Reuters, "People [would be] more likely to think of the entity in the same context as they do Ford and GM" if it were listed on the NYSE.