1985 Volvo 740 Gle Sedan 4-door 2.3l on 2040-cars
Ventura, California, United States
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Up for auction is a 1985 Volvo 740 GLE Sedan. 69,200 original miles from new. Purchased by my wife's mother at Ventura Volvo on 8/19/85. Wife mother is now 94 years old and no longer drives. Original California Title issued on
August 19th, 1985. No accidents in this cars history. Always garaged since new. Small ding under the license plate as seen in the pics. Always serviced at Ventura Volvo untill about the 46,000 mile mark. Then she took it to a Independent Volvo Specialist for services. In 2012 she was told that she needed a new transmission so she had it rebuild. (I still wonder) The cars interior is almost perfect without any rip or seam separations. The black leather is almost perfect. The head liner has a little sag around the sun roof but is very serviceable. The car will need 2 tires in the near future. The back window switches are sometimes non-operational. Some times they work and sometimes they refuse. Today they worked. This car is advertised locally so we reserve the right to pull the listing before it runs out. Shipping is the responsibility of the buyer. Car is sold without warranties express or implied. Questions?? Call Robert McCulley (805)302-4840 |
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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.
Jeremy Lin's new Volvo has him working out with the XC60
Thu, 23 Jan 2014Jeremy Lin rose to prominence as a point guard for the New York Knicks in February of 2012 when he came out of nowhere to lead the team to a string of victories. Volvo was quick to notice and signed him as the company's US spokesperson that March. Since then, he has starred in several Volvo advertisements, and his latest ad shows just how he uses his Volvo XC60 to train for the court. The highlight is Lin shooting free throws out of the sunroof.
Since leaving the Knicks, Lin has lost some of the visibility and hype that attracted Volvo to him in the first place. Still, commercials must be made, so check out Lin's latest below.
Volvo recommits to Sweden with development of next-gen platform and engines
Tue, 04 Dec 2012Taking into account the facts that Volvo is now owned by China's Geely and how poorly the European automotive market has been recently, we would have definitely understood if Volvo moved production of its products out of its home market. And yet, the automaker has confirmed that it will be investing billions of dollars into new platforms and engines that will be made in Sweden. On a global scale, Volvo is making roughly $11 billion of investments, and close to half of that is being earmarked for Sweden for plant expansion and upgrades.
The new Scalable Product Architecture (SPA) platform will be the used as the basis for most future Volvo products starting with the next-generation XC90 that will be debuting at the end of 2014. SPA will be used to make up two-thirds of Volvo's sales, and gives Volvo a quicker and easier break from Ford-derived platforms. As for the Volvo Engine Architecture (VEA) family of engines, there are really no details about this mill except that it will be a four-cylinder that is more fuel efficient than current engines.
Scroll down for the Volvo press release.