Repossed/ No Reserve/ Below Wholesale on 2040-cars
Providence, Rhode Island, United States
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This vehicle is being sold As-Is and the comments listed below are simply to the best of our knowledge. We welcome you to inspect the vehicle prior to bidding. ENGINE --------------No known problems. TRANSMISSION --- No known problems. TIRES ------------------No known problems BRAKES -------------- No known problems INTERIOR ------------ Stains on seats and rugs AC ----------------------Blows warm EXTERIOR There are a few scratches and small dings normal for a car of this year. HOOD HAS MINOR SCRATCHES, R/FRONT FOOR HAS MISSING GLASS MOULDING, HAS EXHAUST LEAK SOME OTHER This vehicle MAY or MAY NOT come with extra keys, trunk keys, owners manual, spare tire, jack, all interior knobs and trim pieces, etc. WE STRONGLY ENCOURAGE ALL POTENTIAL BIDDERS TO INSPECT THE VEHICLE PRIOR TO BIDDING. PLEASE READ OUR "ENTIRE TERMS AND CONDITIONS" FOR THE PRE-INSPECTION DATE, TIME AND LOCATION. You are bidding on a {2004 SATURN ION}. This vehicle comes equipped with { 2.4L 2.2 FI ENGINE, FRONT WHEEL DRIVE , AM-FM STEREO, CD PLAYER POWER WINDOWS/LOCKS.} and much more. It should make for both affordable and dependable transportation. Please see the “Condition Report” and “Condition Comments” for more detailed information. This vehicle is being sold at auction by CarNow Acceptance Company ( We are conveniently located in CARFAX -- A CarFax was obtained on this vehicle and it qualifies for a "Certified History Guarantee."
PRE INSPECTION -- The vehicle is available to be seen prior to the auctions end on: DATE: (SATURDAY 3/15/14 11:00AM to 4:00PM EST.} LOCATION: This is the only time the vehicle can be inspected prior to the auction ending and we apologize in advance if this presents a conflict in your schedule. There can be “No Exceptions” to this pre-inspection date and time. USED VEHICLE -- Please keep in mind that you are bidding on a used vehicle and we strongly encourage you NOT TO BID if you’re uncomfortable with purchasing a used vehicle that may require mechanical and/or cosmetic work. You are buying a Repossessed Vehicle – Being Sold “As-Is” with “No Warranty”. NON-PAYING BIDDERS -- By bidding on this vehicle you are entering into a LEGALLY BINDING CONTRACT. Any Non-Paying Bidder will be subject to all legal recourse available to FEES & TAXES -- The winning bidder agrees to pay a $99 Documentation and Vehicle Preparation Fee. For complete information on Fees, Taxes, Deposit and Payment information - Be sure to read our “Entire Terms and Conditions” contained within the “Terms of Sale” section below. THIS IS A “NO RESERVE” AUCTION AND THE FINAL BIDDER WILL OWN THIS VEHICLE REGARDLESS OF THE FINAL BID AMOUNT! DON'T MISS THIS Be sure to bookmark and view our showroom frequently as our Collateral Disposition Department disposes of all repossessed vehicles for sale exclusively through eBay. CNAC TERMS AND CONDITIONS
LEGAL CONTRACT YOUR WINNING BID BECOMES A LEGAL CONTRACT. Please do not bid if you are not prepared to pay. All non-paying high bidders will be reported to eBay and negative feedback will be posted. DEPOSIT / PAYMENT The winning bidder MUST make a deposit of $200 within 72 hours of the end of the auction (except where the total cost of the vehicle (including the $99 Documentation and Vehicle Preparation Fee) is less than $200, in which event payment in full is required). For example, if the winning bid for a vehicle is $700, the winning bidder must make a deposit of $200 within 72 hours, leaving a balance due of $599. If the winning bid for a vehicle is $100, the winning bidder must make payment in full of $199 within 72 hours, leaving no balance due. This deposit or payment must be paid by CREDIT CARD, MONEY ORDER, or CASHIER'S CHECK. If paying by Credit Card, you MUST call us (CNAC) at 401-273-5544 within 72 hours of the end of the auction to provide your credit card information. If paying by Money Order or Cashier’s Check, your payment MUST be received within 72 hours of the end of the auction. We recommend that you use an overnight delivery service addressed to: CNAC 307 BROAD ST. PROVIDENCE, RI 02907 If your payment is not received within 72 hours we reserve the right to sell the vehicle to the next highest bidder or in any other manner in our sole and absolute discretion. BALANCE DUE The balance due must be paid no later than the 7th day after the end of the auction. For example, if the auction ends on the 11th day of a month, the balance due must be received by CNAC no later than the 18th day of the month. The balance due must be paid by CASHIER'S CHECK, CERTIFIED CHECK or MONEY ORDER with NO EXCEPTIONS. If the balance due is not received by the close of business on the 7th calendar day after the end of the auction, we reserve the right to retain your deposit (not as a penalty, but as liquidated damages for the costs and losses to us from your breach of contract) and to sell the vehicle to the next highest bidder or in any other manner in our sole and absolute discretion.NOTE: Most banks and credit unions do not finance vehicles more than 8 years old or with more than 100,000 miles. Make sure – before you bid – that if you need financing, your financial institution accepts the year and miles of the vehicle. Please arrange financing prior to bidding. We are unable to provide financing on this vehicle under any circumstance. FEES AND TAXES In addition to your winning bid, you must also pay a $99 Documentation and Vehicle Preparation Fee. State Sales Tax, Title and Registration Fees are not included. Buyer is responsible for paying any State Sales Tax, VEHICLE PICK-UP OR SHIPPING If you intend to pickup the vehicle directly from our premises, it is your sole responsibility to ensure that the vehicle is legally insured and registered prior to doing so. We assume no responsibility for this obligation. You are solely responsible for pickup or shipping of this vehicle. You can locate shippers by doing a search for "auto shippers" or click on the Shipping Assistance icon contained within this auction listing. “AS-IS” THE VEHICLE IS BEING SOLD “AS IS”, WHICH MEANS THAT THERE IS NO WARRANTY WHATSOEVER AND THAT THE ENTIRE RISK AS TO QUALITY OF THE VEHICLE IS WITH YOU. IT IS YOUR RESPONSIBILITY TO INSPECT THE VEHICLE PRIOR TO PLACING ANY BID. BY BIDDING ON THIS AUCTION YOU ARE INDICATING THAT YOU ARE SATISFIED WITH THE RESULTS OF YOUR INSPECTION. Any description of the vehicle that we have provided is for descriptive purposes only and is not a warranty of any type. Although we disclose the known defects associated with a vehicle as part of the Condition Report, no independent inspector has evaluated the vehicle and WE DO NOT ASSUME ANY RESPONSIBILITY FOR DISCOVERING OR REPORTING DEFECTS OF WHICH WE ARE NOT AWARE. We assume no responsibility to repair defects, whether or not they are disclosed in the Condition Report. NO EMPLOYEE IS AUTHORIZED TO MAKE ANY WARRANTY ABOUT A VEHICLE, AND ANY IMPLIED OR EXPRESS WARRANTY OR REPRESENTATION ABOUT A MUST BE DISREGARDED. TO THE MAXIMUM EXTENT PERMITTED BY LAW, WE MAKE NO REPRESENTATIONS OR WARRANTIES, EXPRESS OR IMPLIED. WE DISCLAIM ANY AND ALL WARRANTIES, EXPRESS, STATUTORY OR IMPLIED, INCLUDING WITHOUT LIMITATION: (1) WARRANTIES OR CONDITIONS OF MERCHANTABILITY, FITNESS FOR A PARTICULAR PURPOSE, SUITABILITY, WORKMANLIKE EFFORT, AND ACCURACY, AND (2) WARRANTIES OR CONDITIONS ARISING THROUGH COURSE OF DEALING OR USAGE OF TRADE. LIABILITY LIMITATION IN NO EVENT WILL WE BE LIABLE FOR ANY DAMAGES, INCLUDING WITHOUT LIMITATION ANY INDIRECT, CONSEQUENTIAL, SPECIAL, INCIDENTAL, OR PUNITIVE DAMAGES, BASED ON, ARISING OUT OF OR RESULTING FROM, THIS AGREEMENT OR YOUR PURCHASE OF A VEHICLE, EVEN IF WE HAVE BEEN ADVISED OF THE POSSIBILITY OF SUCH DAMAGES. THESE LIMITATIONS AND EXCLUSIONS APPLY WITHOUT REGARD TO WHETHER THE DAMAGES ARISE FROM: (1) BREACH OF CONTRACT, (2) BREACH OF WARRANTY, (3) NEGLIGENCE, OR (4) ANY OTHER CAUSE OF ACTION, TO THE EXTENT SUCH EXCLUSION AND LIMITATIONS ARE NOT PROHIBITED BY APPLICABLE LAW. QUESTIONS If you are not sure about something, PLEASE ASK. Do not make any assumptions. Please direct all questions by email to afernandes@venturcap.net. We reserve the right to cancel bids placed by bidders that have no feedback ratings or who have negative feedback ratings. We also reserve the right to end this auction early and sell the vehicle at any time. PLEASE ONLY BID THE AMOUNT YOU ARE WILLING TO PAY. REMEMBER, THE FINAL BIDDER WILL OWN THIS VEHICLE. BY SIGNING BELOW, YOU ACKNOWLEDGE THAT YOU HAVE READ, UNDERSTAND AND AGREE WITH THE TERMS AND CONDITIONS DESCRIBED ABOVE. YOU ALSO ACKNOWLEDGE AND AGREE THAT YOU ARE IN COMPLIANCE WITH THE eBay USER AGREEMENT (SEE http://pages.ebay.com/help/policies/user-agreement.html) AND THAT CNAC IS ENTITLED TO RELY ON THAT FACT. This Agreement is governed by the internal laws of the State of Year_______ Make ________________________ Model ________________________________ VIN # ________________________________________________________________________ ___________________________________________________ Buyer(s) Name (Print) ___________________________________________________ Buyer(s) Name (Sign) ___________________________________________________ CNAC Representative (Print) ___________________________________________________ CNAC Representative (sign) ____________________ Date |
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Auto blog
GM isn't liable for punitive damages in ignition switch cases
Wed, Nov 20 2019NEW YORK — A federal appeals court said General Motors is not liable for punitive damages over accidents that occurred after its 2009 bankruptcy and involved vehicles it produced earlier, including vehicles with faulty ignition switches. The 2nd U.S. Circuit Court of Appeals in Manhattan said on Tuesday that the automaker did not agree to contractually assume liability for punitive damages as part of its federally-backed Chapter 11 reorganization. GM filed for bankruptcy in June 2009, and its best assets were transferred to a new Detroit-based company with the same name. The other assets and many liabilities stayed with "Old GM," which is also known as Motors Liquidation Co. Tuesday's 3-0 decision may help GM reduce its ultimate exposure in nationwide litigation over defective ignition switches in several Chevrolet, Pontiac and Saturn models. It is also a defeat for drivers involved in post-bankruptcy accidents, including those who collided with older GM vehicles driven by others, as well as their law firms. The ignition switch defect could cause engine stalls and keep airbags from deploying, and has been linked to 124 deaths. A lawyer for the drivers and their law firms did not immediately respond to requests for comment. GM had no comment. Circuit Judge Dennis Jacobs said GM's agreement to acquire assets "free and clear" of most liabilities excused it from punitive damages claims for Old GM's conduct. He also noted that the judge who oversaw the bankruptcy concluded that the new company could not be liable for claims that the "deeply insolvent" Old GM would never have paid. The decision upheld a May 2018 ruling by U.S. District Judge Jesse Furman in Manhattan, who oversees the ignition switch litigation. Drivers have sought a variety of damages in that litigation, including for declining resale values. GM has recalled more than 2.6 million vehicles since 2014 over ignition switch problems. It has also paid more than $2.6 billion in related penalties and settlements, including $900 million to settle a U.S. Department of Justice criminal case. The case is In re: Motors Liquidation Co, 2nd U.S. Circuit Court of Appeals, No. 18-1940. Government/Legal Chevrolet Pontiac Saturn Safety gm ignition switch
Car thief lands Saturn on Fresno roof
Fri, 06 Jan 2012Residents of a Fresno, California apartment building recently awoke to debris falling from their ceiling after a car thief managed to execute a perfect parking job on the structure's roof. Police say 26-year-old Benjamin Tucker stole the Saturn sedan from a nearby house before striking either a curb or some rocks, vaulting the vehicle into the air and onto the roof. After seeing his predicament, Tucker leapt from the roof and fled the scene. Or at least he tried to. Tucker broke his leg in the fall and only made it around a quarter of a mile from the crash when police picked him up.
No one else was harmed in the stunt.
Tucker had two outstanding warrants for his arrest at the time for a hit-and-run and evading police. A special crane had to be called in to remove the Saturn from the apartment roof and the structure will indeed require repairs. Hit the jump for a news report on the incident.
303 Deaths Tied To Airbag Non-Deployment In 2 General Motors' Cars
Fri, Mar 14 2014At least 303 motorists died in car accidents after their airbags didn't deploy in now-recalled General Motors vehicles, according to a study released late last night. The Center for Auto Safety, a non-profit automotive watchdog, reviewed data from the Fatality Analysis Reporting System, and counted deaths involving the Chevrolet Cobalt and Saturn Ion, two vehicles at the heart of several ongoing investigations, to reach its conclusion. If the airbag non-deployments were the result of a faulty ignition switch that inadvertently turns them off, the death toll would be the largest in automotive history attributed to a single defect, surpassing the 250 deaths investigators linked to defective Firestone Tires more than a decade ago. The rising death toll would further amplify questions about why GM and federal safety regulators at the National Highway Traffic Safety Administration didn't act sooner to correct the problem. Safety advocates have said both GM and NHTSA failed to act in a timely fashion to alert motorists of the dangers posed by the dangerous defect, of which documents GM had knowledge of as early as 2001 and NHTSA knew about in 2007. "The question today for NHTSA is how so many ... death reports without an airbag deployment and so many FARS deaths without an airbag deployment failed to trigger an investigation," wrote Clarence Ditlow, the executive director of the Center for Auto Safety. "... For the people who died or were seriously injured in crashes, the answer comes too late." GM has acknowledged 13 deaths related to the problem, and says the number cited by the Center for Auto Safety study is "speculation." The review of FARS data, conducted by Friedman Research at the request of the Center for Auto Safety, looked at fatal cases in which airbags did not deploy but did not analyze the causes of the crashes. FARS information is raw data submitted to a national database by state and local authorities when fatal accidents occur. Last month, GM recalled 1.37 million cars in the U.S. because a faulty ignition switch had been inadvertently moving from the "run" position to the "accessory" position, turning off engines and systems that provide power to airbags. "Shame is not a strong enough word," said Lou Lombardo, the founder of Care for Crash Victims, another safety-minded nonprofit that advocates for accident victims. The results of the CAS study were first reported by the New York Times.







