1998 Gls - Very Clean, Rust Free Florida Car - One Elderly Owner Since 2001 on 2040-cars
Melrose, Florida, United States
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This car has has been owned and driven by an ELDERLY NON-SMOKING LADY since 2001. It has factory sport wheels (one center cap is missing), factory
alarm, and very good leather interior with minimal wear on the
front seats. The factory paint is in good condition having a few normal
scratches for the age (see pictures). The car has always been well maintained including getting new front brakes, new belts, (including the
timing belt) within the last year, and a new convertible top, new front tires,
and paint on the hood and trunk within the past two years. It is a Florida car
and has no known rust anywhere and no accidents ever. Mechanically it runs and
drives excellent, shifts good and no noises in the engine or driveline at all. There are a
couple of things that could use attention. 1). The roof has to be put up and
down manually as it has a power top, but the power does not work. 2). The
speedometer works sporadically, and sometimes not at all. We were told by our
mechanic that the speedometer needs a VSS (Vehicle Speed Sensor) and that the
top was probably a motor. We have recently purchased a new vehicle and have
decided not to repair these items and to sell it as is. There is no warranty
with the vehicle, it is being sold as is. Buyer is responsible for vehicle pick-up $200 Deposit within 48 hours of Auction close Pay by Bank Check, Money Order, Cashiers Check, or Cash in Person Full payment is due within 5 days of Auction close |
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Auto Services in Florida
Yesterday`s Speed & Custom ★★★★★
Wills Starter Svc ★★★★★
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Auto blog
EU formally questions French government assistance of Peugeot's finance arm
Fri, 28 Dec 2012Recently, the finance arm of PSA/Peugeot-Citroën was in such debt trouble that it was pricing itself out of the car loan market. The rates it was paying to service its debt, which was rated one step above junk, were so high that it was forced to charge car-buying customers higher rates than they could find elsewhere. This was adding to Peugeot's already impressive woes by sending revenue out the door to competitors.
Two months ago a deal was worked out with the French government whereby the state would provide 7 billion euro ($9 billion USD) in bonds to guarantee the finance arm's loans. The French government could nominate someone to join the Peugeot board, Peugeot would guarantee more French jobs, and on top of that deal, other banks would provide non-guaranteed loans. The government would take no equity stake in the car company.
Although not yet finalized, the arrangement is meant to create some breathing room for Peugeot Finance to lower its interest rates for customers, and a government-nominated board member, Louis Gallois, was recently named to Peugeot's supervisory board. The arrangement was also openly questioned by at least three competitors: Ford, Renault - which is 15-percent owned by the French government after it received state aid - and the German state of Lower Saxony, itself a 15-percent shareholder in Volkswagen.
VW, Suzuki mulling rekindling relationship in face of legal battle
Sat, 27 Jul 2013Volkswagen and Suzuki have been undergoing marriage counseling in a bid to avoid finalizing their nasty divorce. The blissful union has been troubled for some time, with Volkswagen claiming that it could affect operational decisions at Suzuki, and the Japanese brand's sniping and constant flirting with a certain Italian temptress causing rifts.
The matter first went to court in 2012, when Suzuki demanded VW get out, and leave its 19.9-percent stake in the Japanese brand in a box to the left. Now, Automotive News is reporting that the company will give the relationship one last shot, according to closed-door dealings between the two in London.
Still, it's understood that VW and Suzuki recognize the benefit of their alliance, and that it'd be in the best interests of the kids both parties to make things work. Spokespeople declined to comment to AN, but the newsmagazine spoke with Frank Biller, an analyst for LBBW in Stuttgart, who said, "Both companies stand to benefit if they can overcome the disagreements over leadership claims."
Former Porsche CEO Wiedeking indicted over VW takeover bid
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The charges leveled by Stuttgart prosecutors come after a three-year investigation centered around allegations that Porsche execs made a concerted effort to increase the company's share in VW to 75 percent in preparation for a hostile takeover. Porsche had previously told its investors on at least five occasions that it had no intention to buy VW.
Portions of the investigation have subsided, according to prosecutors, citing an inability to prove certain improprieties with a "necessary degree of certainty." The number of charges is down to 5 from a previous 14 counts regarding "information-based market manipulation."