1970 Chevrolet Chevelle Malibu Hardtop 2-door Original on 2040-cars
Shamokin Dam, Pennsylvania, United States
HERE WE HAVE A REAL SURVIVOR. A 1970 CHEVELLE MALIBU 2 DOOR HARDTOP. THIS IS ALL ORIGINAL NUMBERS MATCHING 307 AUTOMATIC. IT HAS 97,357 ORIGINAL MILES. IT RUNS AND DRIVES. THE INTERIOR IS ORIGINAL AND IN GOOD CONDITION. THE BODY IS SOLID.FLOORS ARE SOLID, TRUNK IS SOLID IT HAS POWER STEERING.GLASS IS GOOD. THERE IS SOME RUST STARTING AT BOTTOM OF FRONT FENDERS, I HAVE PATCH PANELS TO REPAIR. THERE IS SOME RUST ON REAR QUARTERS BUT NOT BAD. OVERALL GREAT SHAPE.PAINT IS ORIGINAL AND IS FADED. THERE MIGHT HAVE BEEN SOME PAINT WORK DONE ON QUARTERS AT ONE TIME BECAUSE IT DOESNT MATCH. WIPERS, TURN SIGNALS, LIGHTS, RADIO ALL WORK. CAN DRIVE IT ANYWHERE. I BOUGHT IT FROM OLDER COUPLE WHO WAS THE 3RD OWNER. HE HAD THE CAR 10 + YEARS. WAS WELL KEPT. YOU WILL HAVE TO SEARCH A LONG TIME TO FIND ONE IN THIS GOOD OF SHAPE. ANY QUESTIONS CALL 570-492-3271. PLEASE NO EMAILS OR TEXTS. IF YOU ARE SERIOUS, YOU WILL CALL, I DONT HAVE TIME TO PLAY GAMES SO SERIOUS BIDDERS ONLY. YOU CAN BID WITH CONFIDENCE ON THIS CAR. BUYER IS RESPONSIBLE FOR PICK UP, TITLE FEES, TAXES ETC. CASH EXPECTED IN FULL AT TIME OF PICK UP.
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Chevrolet Malibu for Sale
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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.
Toyota tops Kelley Blue Book's Resale Value Awards
Tue, 27 Nov 2012Kelley Blue Book announced its annual Best Resale Value Award winners, and we weren't too surprised to see the list dominated by Japanese automakers - mainly Toyota and Honda. KBB hands out the awards based on the projected residual value of mostly all 2013 model year vehicles, and Toyota skated home with a number of awards including 10 of the 22 overall categories and having five of its products in the top 10 for models with best resale value. KBB's Best Resale Value Awards were announced in the same week as the ALG Residual Value Awards, and there were many similarities between both lists, especially when it came to Toyota.
To come up with its winners, KBB measures depreciation over the first five years of ownership, and looks for the cars it expects to hold its value the best after this time; on average, the report says the 2013 model year vehicles will lose 61.8 percent of its value in five years. Of the 22 categories, 15 slots were filled by Toyota, Honda and Nissan products, while the Camaro and Porsche (Cayenne and Panamera) each took home a pair of awards. If Toyota has anything to be upset about in this list of cars, it's that categories for Hybrid/Alternative Energy Car and Electric Vehicle went to the Ford Fusion and Chevrolet Volt, respectively.
The overall top 10 models for the best resale value in 2013 are, in alphabetical order:
GM investing $167m in Spring Hill for new midsize vehicles
Tue, 06 Aug 2013General Motors has announced a large investment in its Spring Hill, Tennessee facility. The former home of Saturn production will be getting a $167 million addition to a previously announced $183 million, to cover a pair of new midsize vehicles. The investment is expected to create 1,800 jobs at the factory.
That $350 million is being divvied up for a pair of programs at Spring Hill. The first will take the bulk of the money ($223 million) and create 1,000 of the 1,800 jobs, while the other will take the remaining $127 million and generate the leftover 800 positions. But GM says the investment will cover "midsize vehicle programs." So what could they be?
The leading candidate in our minds is a new crossover for Buick, called the Anthem, that will slot between the Encore and Enclave, but will be slightly smaller than the Equinox and Terrain. As we've explained, the new model will likely be the first product to sport GM's new D2UX platform, which will eventually replace both the Delta and Theta platforms. Spring Hill is already building the Equinox, so there could be some credence to this theory.