2002 Chrysler Pt Cruiser Touring Wagon 4-door 2.4l on 2040-cars
Hortonville, Wisconsin, United States
Body Type:Wagon
Vehicle Title:Clear
Engine:2.4L 2429CC 148Cu. In. l4 GAS DOHC Naturally Aspirated
Fuel Type:GAS
For Sale By:Private Seller
Make: Chrysler
Model: PT Cruiser
Warranty: Vehicle does NOT have an existing warranty
Trim: Touring Wagon 4-Door
Options: Sunroof, Cassette Player, CD Player
Drive Type: FWD
Safety Features: Driver Airbag, Passenger Airbag
Mileage: 104,000
Power Options: Air Conditioning, Cruise Control, Power Locks, Power Windows
Exterior Color: inferno red
Interior Color: Gray
Number of Cylinders: 4
I am trying to sell my 2002 Chrysler PT cruiser. It has been a good car just looking to purchase something else. Car is fully loaded touring model. Has sunroof and is a 5 speed manual transmission. No rust, one small dime size ding in the hood. No chips in any of the factory tinted windows. I just installed a new timing belt, water pump and tensioner. I also installed new tires, brake pads/rotors, battery, and both cv shafts. Interior is clean, carpet is in ok shape. Runs and drives great.
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Auto blog
Fiat seeking $10B in financing to buy Chrysler
Thu, 30 May 2013As Fiat looks to become the full owner of Chrysler, all it has standing in its way is the retiree trust of the United Auto Workers, which currently holds the remaining 41.5 percent of the company as the result of the Pentastar's bankruptcy deal. The Detroit News is reporting that that Fiat is currently talking to numerous banks in an attempt to raise around $10 billion to fund the purchase of Chrysler's remaining stake with enough left over to refinance the debt of both companies. We've known that Fiat has been working to obtain the capital to buy out Chrysler for some time now, but this is the first time we've seen Fiat tip its hand about how much cash it thinks it will need to close the deal.
The first order of business is a legal dispute over the value of the UAW's stake in Chrysler, which the report indicates could cost Fiat around $3.5 billion. The acquisition of remaining shares could happen by this summer, but it sounds like CEO Sergio Marchionne (above) might not be ready for a full merger until next year.
Chrysler dealers terminated in bankruptcy still stuck in court
Mon, 14 Apr 2014Part of the deal for the federal bailouts of Chrysler and General Motors was that both organizations were required to trim their vast array of dealerships. This move did not sit well with the people that would be losing out on franchises, though, and in Chrysler's case, 148 of the shuttered dealers have fought for money they feel they are entitled to.
These dealers believe that they should be compensated by the federal government, as Chrysler wouldn't have trimmed its sales centers had it not been ordered to by Uncle Sam. Now, thanks to the ruling of three judges on the US Court of Appeals for the Federal Circuit, the dealers will get a chance to argue their point.
According to Automotive News, the dealers argue that the mandatory shuttering of dealers was unconstitutional, because the federal government was taking property without compensation. If the dealers are victorious, not only would the government be out millions of dollars, but a precedent could be set that would allow similarly closed GM dealerships to cash in.
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.