1989 Chrysler Lebaron Convertable No Reserve Out Of Storage For 7 Yrs Rust Free! on 2040-cars
Norfolk, Virginia, United States
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Granny's car! This car was owned by an elderly relative of mine, it was parked in her garage seven years ago when she went into a nursing home. She has since passed, and her car is being sold to settle her estate. I have clear title in hand. A new battery was installed,, and fresh gas put in the tank, and it started right away. It has been driven approx. 50 miles, and there is nothing at all wrong with the way it runs or drives. The engine is smooth and idles nicely. It has plenty of performance, and does not smoke or knock at all. A very well kept vehicle for 25 years old! Have all the owners manuals and papers for the car. Does 70 mph with no problem. This car still gets looks! Very comfortable to drive-seats feel real good! Has convertible top boot. Was garaged most of its life, and the interior and features prove it. Was also dealer maintained, and never abused or driven hard. The good> no rust Anywhere-and I do mean NO RUST. We put it on a lift, and the attendant was amazed at just how clean the undercarriage was. Southern car, never seen snow or ice. No noticeable dents. Interior is almost like new. No splits, tears or defects on seats. Carpets are wear-free. Door panels are in great shape, but paint is chipping off on the drivers side handle area inside. Almost new tires, good exhaust, top is in good shape, does not leak and goes up and down flawlessly. Solid car, never wrecked to my knowledge. Can be driven away and to anywhere. Power top fits well, doors open and close solidly. Straight seams on body panels. Great brakes-high pedal, COLD air conditioning! I can honestly say this is a super-clean car with very little wear, no rust, and solid shape. The bad> rear window behind passenger window sometimes does not work and go down all the way. Paint is solid and not faded, but needs a good buffing. Side molding trim that was chromed is starting to peel, and will need attention. Radio works, hard to tune. Trip meter sometimes does not work if reset button pushed too hard. Small things, but I try to list as honestly as possible. Nothing seriously wrong with this car. The last photo in the series shows what it looked like when it was backed out of the garage after being stored for seven years. You will definitely not regret the purchase of this fine automobile in fantastic shape for its age. It is fun to drive, economical, and you will get lots of compliments and looks! Sold at NO RESERVE-last bid gets it! Vehicle is also listed for sale locally. |
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Auto blog
Chrysler Group moves around execs in wake of recent departure
Tue, 16 Apr 2013Chrysler is busy shuffling executives around in the wake of Ram head Fred Diaz's departure. The automaker has named Reid Bigland (pictured, right) as Diaz's successor in the role of president and CEO of Ram, though Bigland will continue his duties as the head of US sales and the president and CEO of Chrysler Canada. Bigland first came to Chrysler in 2006 from Freightliner Custom Chassis Corporation, so the guy knows a thing or two about trucks.
Meanwhile, Timothy Kuniskis will take over as president and CEO of Dodge. Previously, he served as the head of Fiat in North America and has been with Chrysler in one capacity or another since 1992. His old title now falls to Jason Stoicevich, who will also continue to work as the director of the automaker's California Business Center. Finally, Bruno Cattori will take over as the president and CEO of Chrysler Mexico.
Diaz left his position to take over as a divisional vice president of sales and marketing with Nissan. You can read the full press release on the Chrysler personnel changes below for more information.
Marchionne's pay as Fiat CEO falls to $5M
Wed, 12 Mar 2014Sergio Marchionne will be buying fewer of his iconic sweaters, as his 2013 pay from Fiat took a dip from $6.24 million to an even $5 million. Marchionne, who was also CEO of Chrysler, made $307,989 thanks to some stocks and benefits from the American company, although he didn't take a salary. Of that $5 million paid by Fiat, $3.19 million came from Marchionne's fixed salary while the remaining $1.8 million was paid for hitting unspecified performance targets.
The news comes from Fiat's compensation reports, which also showed that the 61-year-old, who already owned three million shares in Fiat at the end of 2013, was able to receive an additional 2.3 million shares through a stock incentive program. According to Automotive News Europe, the additional shares would be worth about $25 million at today's prices, although so far, Marchionne has declined to claim the extra shares.
According to ANE, Fiat reported a 2013 trading profit of $4.7 billion.
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.