Bank Repo/no Reserve/below Wholesale on 2040-cars
North Dartmouth, Massachusetts, United States
You are bidding on a (2006 CHRYSLER TOWN & COUNTRY) This vehicle comes equipped with (3.3L V6 SFI OHVI) FRONT WHEEL DRIVE 6 CYCLINDER/POWER LOCKS/ POOR WINDOWS AND 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 (CNAC), a licensed Massachusetts Finance Company. CNAC has the proper title documentation, an affidavit of repossession and all legal authorization to sell this vehicle. We are conveniently located in Dartmouth, MA which is very accessible from both the Providence Airport and from all points of the New England / New York areas: Providence Airport: 25 Miles; Boston, MA: 50 Miles; Hartford, CT: 110 Miles; Concord, NH: 110; Miles; Portland, ME: 150 Miles; New York City: 195 Miles; Montpelier, VT: 225 Miles.
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:
LOCATION: 331 STATE ROAD DARTMOUTH, MA 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 CNAC. Do not bid if you do not intend or can not complete the transaction. 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 click on the link labeled “Entire Terms and Conditions” contained within the “Terms of Sale” section.
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: NEEDS 2 TIRES BRAKES: NO KNOWN PROBLEMS. INTERIOR: NO KNOWN PROBLEMS AC: NO KNOWN PROBLEMS EXTERIOR: There are scratches and small dings normal for a car of this year. Paint bubbling on hood. Drivers rear door has scratches. Passenger rear door and quarter dented and rusted. See attached pictures. 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..
PLEASE READ OUR "ENTIRE TERMS AND CONDITIONS" FOR THE PRE-INSPECTION DATE, TIME AND LOCATION.
CNAC E-BAY TERMS AND CONDITIONS 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 508-961-0085 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 331 State rd, Dartmouth, MA 02747. 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, Title and Registration Fees. 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 if its destination is outside of the State MA. If you wish to have it shipped using a shipping service, we will deliver the vehicle to the shipping service at its address in the State of Rhode Island at no extra charge. 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” SALE / NO WARRANTY / VEHICLE INSPECTION 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 JCORMIER@CNAC.COM. 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. |
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Zbylut Motorworks ★★★★★
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Auto blog
Marchionne recruiting activist investors to prompt GM merger
Tue, Jun 9 2015Sergio Marchionne may have been rebuffed in his previous advances at General Motors, but he's not about to give up that easily. According to The Wall Street Journal, the Fiat Chrysler chief is now turning to activist investors to help coax GM into joining forces. Marchionne has been a staunch and ceaseless advocate of the need for consolidation, arguing that the industry needs to amalgamate into larger groups that will share resources and reduce overhead. Under his leadership, the Fiat group consolidated its own operations, and officially merged with Chrysler last year. But he's also been pursuing additional mergers with the likes of Volkswagen, Peugeot, Ford, and Opel (to name just a few). Now he's pursuing a merger with GM, which has not shown much enthusiasm towards the idea. For one thing, GM is a much larger company, and probably doesn't need FCA as much as FCA needs it. For another, it has a troubled past with Marchionne, who in 2005 dissolved an agreed merger (of sorts) with GM, yet still managed to get the General to pay Fiat some $2 billion in the process. However, Marchionne is evidently hoping that the intervention of activist investors could compel GM CEO Mary Barra and company to proceed with a merger anyway. For precedent, he's looking at the recent negotiation between GM and some of its stakeholders that prompted the company to buy back $5 billion of its own shares, demonstrating Barra's willingness to deal with investors. The more compelling precedent, however, may have been set in 2006, when activist investor Kirk Kerkorian locked arms with Carlos Ghosn to get GM to consider joining the alliance between Renault and Nissan. GM ultimately declined, and Ghosn turned instead of Daimler (which of course has its own history of having merged with Chrysler). Only time will tell if this initiative will prove more successful, but one thing's for sure, and that's that Marchionne isn't about to relent in his pursuit of a major merger partner.
Hyundai reportedly eyeing a takeover of FCA
Fri, Jun 29 2018The CEO of Hyundai Motor Group plans to launch a takeover bid for Fiat Chrysler ahead of the planned retirement of FCA Chief Executive Sergio Marchionne next spring, Asia Times reports, citing unnamed sources close the situation. CEO Chung Mong-koo will wait for an expected decline in the Italian-American automaker's shares to make his move. Hyundai isn't commenting on the rumors, unsurprisingly, but would presumably stand to benefit by gaining Chrysler's dealer network and the lucrative Jeep brand and probably Ram, too. An FCA spokeswoman in Auburn Hills told Autoblog the company had no comment. But like any story about a possible takeover, this one gets complicated with inside players — and President Trump's posturing on international trade issues. FCA has been the subject of takeover interest before, including by Hyundai, but Marchionne has denied a merger was likely, instead saying his company was in talks with the Korean automaker about a technical partnership. In 2015, Marchionne lobbied General Motors hard, but unsuccessfully, for a tie-up; he was also spurned by Volkswagen. Marchionne had repeatedly stressed the need for car companies to merge to decrease overcapacity and better afford the massive investments needed for things like autonomous and electric vehicles. In the case of Hyundai's reported interest, there is a cast of characters. One is Paul Singer, principal of the hedge fund Elliott Management, an activist shareholder with a $1 billion stake in Hyundai and a major owner of equities in Fiat's home turf of Italy. Then there is FCA Chairman John Elkann, who reportedly disagrees with Marchionne on a successor as CEO of Fiat Chrysler but has little interest in running the company himself and would prefer a merger. Compounding things is what the Trump administration would think of a further blending of Fiat Chrysler's international DNA, though a deal with a Korean automaker is thought to be more palatable to the president and members of Congress than by a Chinese conglomerate like Great Wall Motor, which has confirmed its interest in taking over all or parts of FCA. The full Asia Times piece is here. Related Video: News Source: Asia TimesImage Credit: REUTERS/Rebecca Cook Chrysler Fiat Hyundai Jeep RAM Sergio Marchionne FCA merger takeover
How GM ended up suing its crosstown rival Fiat Chrysler
Sat, Nov 23 2019DETROIT — Automakers sue each other on occasion, but no one in Detroit can remember one accusing another of bribing union officials to get an unfair labor cost advantage. Yet thatÂ’s what happened Wednesday when General Motors filed a federal racketeering lawsuit against Fiat Chrysler Automobiles. ItÂ’s based on a widening federal investigation into corruption involving officials of the United Auto Workers union, and shortly after the lawsuit was filed, the unionÂ’s president Gary Jones stepped down. The 95-page complaint could affect ongoing contract talks between the union and Fiat Chrysler, the lone automaker of DetroitÂ’s big three thatÂ’s still in negotiations. It also could cause jitters with French automaker PSA Peugeot, which has reached an agreement to merge with the Italian-American automaker. Here are some questions and answers about the lawsuit and its impact: Why did GM sue? GM alleges that Fiat Chrysler senior executives, including now-deceased CEO Sergio Marchionne, paid $1.5 million in bribes to UAW officials for nearly a decade and corrupted the bargaining process with the union in the 2009, 2011 and 2015 contracts to gain advantages over General Motors. The lawsuit says that because of the bribes, which were funneled through a joint UAW-Fiat Chrysler training center, the union allowed Fiat Chrysler to use more lower-paid temporary workers. Also, FCA in 2015 did not have to limit the number of newly hired workers who make less and get lower-cost benefits than older workers hired before 2007. GM contends it couldnÂ’t negotiate similar union concessions that FCA was able to get through bribery. GM could only hire a limited number of temporary and lower-paid new workers, called “second tier” workers, which unfairly increased its labor costs by billions of dollars. It alleges the higher labor costs had another purpose — to force GM into a merger with FCA that Marchionne wanted. GM did wind up with higher labor costs, which until the lawsuit had not been linked to the federal corruption probe. Before contract talks with all three automakers began last summer, the Center for Automotive Research, an industry think tank, determined Fiat ChryslerÂ’s total hourly labor costs including wages and benefits were about $55 per hour, $8 less per hour than GM and $6 lower than Ford. At a Wall Street conference in New York on Thursday, GM CEO Mary Barra said her company can compete on a level playing field.


















