1968 Chevrolet El Camino Chevelle on 2040-cars
Hampton, Tennessee, United States
For Sale By:Private Seller
Engine:v-8
Drive Type: auto
Make: Chevrolet
Model: El Camino
Trim: none
Mileage: 123,456
I am listing for sale a 1968 chevy el camino with a very low reserve. It has a 305 engine in it now which needs overhauled but was originally a 327 car it has power brakes and power steering . The car has a 350 turbo trans.and has 2 of the chevy ralley wheels on it. This car is a complete prject car it has been sitting for years. It has a good clear tn titlein my name . The frame rails are in great shape. the floor pans do have some rust in them very repairable not something that would need total replacement. the pass quarter panel has a rust hole about the size of a dollar bill this car is 95 percent complete it was missing the bench seat but i have l;ocated one and is included in the auction. it has a large dent in pass door but can be popped back out . ithas some typical rust in bed up near head board not a hard fix but is there. i have tried to list all of the bad about this car ,,it is a very restorable car and you wont beat the price anywhere but keep in mind it does need total restoration if intersted pleas call 423-297-5005 for any more info or e-mail and I will respond asap
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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.
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Camaro driver clocked at 171 miles per hour
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