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Keyless Entry Power Seats Limited Slip Rear Diff 6 Speed Manual Ice Cold A/c on 2040-cars

Year:2002 Mileage:249622
Location:

Jackson, Mississippi, United States

Jackson, Mississippi, United States

2002 CHEVROLET SILVERADO 3500HD LS
  • 6.6 DURAMAX DIESEL - NO BLOWBY!
  • ZF 6-SPEED MANUAL TRANSMISSION
  • LIMITED SLIP REAR DIFFERENTIAL
  • FIRM RIDE PACKAGE
  • TOWING PACKAGE
  • POWER WINDOWS/LOCKS/MIRRORS/SEATS
  • TILT/CRUISE
  • ICE COLD A/C
  • AM/FM STEREO CD
  • CALL 601-218-1223 FOR MORE INFO OR TO BUY IT NOW!

WATCH THE VIDEO IN 720 HIGH DEF! WATCH TO THE END FOR A TEST DRIVE!

If you're looking for the perfect truck to take you deep into the woods or to the business meeting, look no further than this '02 Silverado 3500HD LS. It's powered by the legendary 6.6l Duramax diesel engine with the hard-to-find ZF 6-speed manual transmission. The Z82 trailer towing package will let you tow the biggest of campers or trailers without breaking a sweat plus it has the Z85 suspension package to give you the right stance and ride while doing it. It has the G80 limited slip differential rear so you can rest assured that it will get the job done as well off road as it does on the highway. Best of all, it runs perfect and has NO RUST.

This truck basically has every option you need including keyless entry, dual power seats, tilt wheel, cruise control, and more. It has an AM/FM Stereo CD too. The bed is in great shape & has 5th wheel or gooseneck rails already installed or we can remove them for you at no extra chrage. Don't let the 249,000 miles worry you...this truck runs great! It cranks right up hot or cold without smoking or making any weird noises. The engine has NO BLOWBY. 

We wouldn't hesitate to get in this truck and drive it ANYWHERE you might need to go. We've had our mechanic go over everything to make sure it's in proper working order. The four wheel drive engages just like it should. There are no warning or service lights lit on the dash. There are no rips or tears in the seats nor are there any smoke or pet odors. Best of all, we got a great buy on this truck that was just recently traded-in at the local dealer on a new one. We're passing that buy along to you in the form of a LOW RESERVE AUCTION. Bid to win because the high bidder will likely own this truck even if the final price is THOUSANDS BELOW the book value!!!


Editor's Note: In this article we will only look at the Duramax and its powertrain. At the time of this first drive the 2001 GM Heavy Duty trucks were 95% of the way through their design cycle. Some items on the trucks may yet be changed or modified. We do not yet have firm information related to pricing, warranties, etc. When GM issues announcements about these we will bring them to you ASAP.

Forum questions are answered in the right hand column.

The Battle Lines Have Been Drawn

Since 1993 General Motors and its troops have been fighting a losing battle at the heavy duty end of the pickup truck market. Left without adequate artillery to assault the Dodge and Ford positions, the General has had to make due with increasingly smaller pieces of the high ground where manufacturers battle it out for the bragging rights to claim who's truck is most powerful. The reason: underpowered and underperforming diesel engines.

Send word to the front because all that is about to change. The Duramax engine drives great!

Those Who Forget History...

GM drew upon lessons learned from the redesigned 1994 Dodge Ram and 1996 Ford F-150 to create the latest generation award-winning Silverado and Sierra twins that debuted as 1999 models but something had been definitely missing. Both the Dodge and Ford trucks offered powerful, next generation diesel engines which the GM models have lacked.

In 1989 Dodge went to its ally Cummins Diesel for help in creating a powerful diesel engine offering. It found it in the form of Cummins's strong and venerable inline six cylinder diesel that generated more torque than Ford or GM (400 lb. ft. vs. GM's 246 and Ford's 345 at the time of its debut). Combined with the latest generation Ram, sales have rocketed to just over 30% of the heavy duty diesel market.

Ford found an ally in big-rig maker Navistar and introduced a new generation of Power Stroke diesel engines in 1999 on its SuperDuty lineup of pickups. The Power Stroke was more fuel efficient and quieter than previous generations of Ford produced diesel engines. Ford has seen its share of the heavy duty market balloon to over 60%.

General Motors has been struggling on its own while watching its diesel engine market share fall from 20% back in 1994 to under 10% today.

GM has not had a new diesel engine to match the caliber of these fine Ford and Dodge engines since at least 1994. Six years ago General Motors introduced its in-house developed 6.5L diesel, and before that the last new GM diesel was the 6.2L way back in 1982 when it was sent to the frontlines.

Well, GM has learned from its own history, and the history of others, and is determined not to repeat it. This time around GM has chosen Isuzu Motors and Allison Transmissions as its allies in the heavy duty truck wars and to that end it has created, or should we say located, its latest diesel engine - the 6.6L Duramax 6600. GM's own Bruce Aileio states that, "Globally Isuzu is recognized as the premier diesel engine design company worldwide."


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The Great Debate - Maybe

Sure to be a point of contention for some heavy duty buyers is the Japanese origins of the Isuzu designed Duramax engine, but consider the following. The Duramax will be built and assembled in Moraine, Ohio at a joint GM / Isuzu facility known as Duramax Ltd. The Duramax uses Bosch fuel injectors of German manufacturing origin. The Allison transmission most Heavy Dutys will probably come with is from an American company and subsidiary of GM. The Allison team worked very closely with Isuzu during all stages of development even going so far as to fly Allison employees to Japan weekly for team meetings and engineering sessions.

We consider the Duramax to be a truly global diesel engine and after driving it we believe that folks are going to judge this diesel based on its class leading merits and not on issues related to engine origin.

If GM claims hold true, people who do judge this engine and dismiss it because of its design heritage do so at the peril of possibly missing out on an engine with very real economic benefits for those who use heavy duty trucks at work every day.

An Aerial View of the Duramax

We won't go into all the gory detail here about the 2001 Heavy Duty pickups and Duramax diesel. You can find our first look at the truck and its specifications from our previous coverage of the Duramax introduction.

At a high level the new Duramax is rated at a best-in-class 300 horsepower and 520 ft. lb. of torque.

The optional Allison automatic transmission is rated at up to 545 ft. lb. of torque and 375 horsepower. A six speed manual is standard. About their transmission Allison says, "Get All The Power You Pay For."

General Motors claims the Duramax has best in class fuel economy but official CAFE figures have not yet been released. Informal measurements show gas mileage to be up to 2 mpg plus over competitors' engines.

Lifetime durability is also claimed to be class leading with overall engine life expected to be well over 200,000 miles and 50,000 miles between transmission fluid changes.


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Driven to Win

Enough strategic overview and history lessons. On to the drive.

GM offered us five trucks to choose from during our test drive, which are listed on the right-hand side of this page. Three GM Duramax equipped Heavy Dutys, one Dodge Cummins and one Ford Power Stroke. The Dodge and Ford trucks were paired with similarly configured GM trucks for the sake of comparison.

Unfortunately we never had the chance to drive the Dodge Ram Cummins or its similarly equipped GMC Sierra Duramax counterpart.

We left the hotel where we stayed in Phoenix for the first of three 10 mile driving segments to a destination near the Salt River Recreation area in Arizona.

It seemed to us that General Motors set the tests up as fair as possible during the entire time, though there were some significant differences in truck setups between 'evenly matched' vehicles. These differences are described below.

Though supervised on the outbound portion with GM subject matter experts we were always in the driver's seat. We wanted to find our for ourselves with as little intervention as possible which truck would win this preliminary heavy duty shootout.

First Driving Segment - Level Road, City and Freeway Conditions

For the first segment we chose truck #5, the Ford F-350 Crew Cab 4x4 with its 7.3L Power Stroke, to help set a baseline.

For the purposes of the test the Ford was setup to tow its maximum payload which was a GCWR of 20,000 pounds. The GCWR was simulated by towing a trailer loaded with sand bags for weight and a large Plexiglas wind screen to simulate the aerodynamic drag of say a horse trailer.

When you first start the Power Stroke you note its a loud engine, distinctly diesel in tone. On the outside this was very apparent. Inside the cabin the sound is slightly quieter but always omnipresent. Stepping on the gas during a standing start cut the conversation to nil until we got to cruising speeds. Stepping on the gas at speed also created a significant amount of engine clatter.

The Ford took its time getting up to speed with its max payload. Stepping on the gas yielded some significant sound and fury but slow and steady progress relative to say a lightly loaded truck. To be expected of course, we know, but somehow you are left wanting for more performance. Some of this had to do with the relatively tall 4.10 axle ratio. Nice for quick accelerations.

You could feel the momentum of the payload behind you every tick of the speedometer upwards. Something we became acutely aware of as we got used to the heavy load.

At in-town speeds the truck felt good at 40-45mph. Quite comfortable to drive and change lanes. At stop lights though you quickly learned to add an extra hundred or so feet during braking maneuvers. Nobody likes to have a 20,000 pound Ford F-350 tap their rear bumper. The electric brakes proved to be pretty touchy - seemingly binary in operation (on or off with no in-between).

Entering the onramp of the freeway at about 15 mph from a left turn we quickly got up to highway speeds. On the freeway the Ford again handled well and had little difficulty in passing slower moving traffic.

We kept the truck in overdrive on the freeway and in drive on the surface streets of Phoenix.

Overall the F-350 seemed to be quite a capable hauler.

Second Driving Segment - Slight Incline, Two Lane Highway Conditions

During a quick ten minute pit stop we changed into truck #4, a Heavy Duty GMC Sierra 3500 Crew Cab configured simliarly to the F-350. The GMC Sierra was not at its maximum GCWR payload limit and unlike the F-350 the GMC HD was a two wheel drive truck with a 3.73 axle ratio.

Wow. There is a big difference here ladies and gentlemen.

The noise level of the Duramax while standing on the outside is something to marvel at. The Sierra was quieter than the F-350 but the biggest difference was between the Cummins and Duramax. It's just plain uncomfortable to stand near the Cummins too long at idle.

While parked we can claim to have accidentally tried to start the GMC Sierra when its engine was already idling - that's how quiet it was at rest.

The Duramax seemed to get up to highway speeds from a standing start much faster and significantly quieter than the Ford F-350 even with the smaller 3.73 axle ratio. Low end torque was always present. At 55 mph the Duramax had plenty of horsepower left in it at a touch of the pedal.

Though we didn't get to try it out as much as we would have liked, the tow/haul mode made things very pleasant while braking. No switching between drive or overdrive was necessary because the Allison transmission's ability to seemingly figure out the mass and momentum of the Sierra was as uncanny as GM described it. Upon touching the brakes for several seconds to slow down the tow/haul mode automatically downshifted to help control the deceleration. This was braking on a fairly level surface though. Others who tested the truck got a glimpse at the braking under more severe hilly conditions where it also seemed to excel.

We also didn't personally get to run the Ford F-350 and GMC Sierra HD side by side but were witness to several competitions between the two vehicles driven by other journalists.

From a standing start on flat and uphill roads the Duramax beat the Power Stroke no questions asked. Every time.

At highway speeds of 50 mph and side by side, the Duramax also handily pulled away from the Power Stroke each time. They were both quite dramatic presentations to help back the claims of General Motors.

This you almost have to see to believe.


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Third Driving Segment - Hilly, Two Lane Highway Conditions

For the third and final segment of our drive we chose truck #1, an unloaded GMC Heavy Duty 2500, 4 wheel drive, four door extended cab. We wound up calling this truck the hot rod.

We took off in this sweet black number. After previously driving two 20,000 pound DRW behemoths in the first two segments of the drive this SRW Heavy Duty was just begging to be driven - hard.

We were able to quickly prove that GM did indeed have a fuel cutoff on the engine to limit truck speed to around 95 mph on our truck.

Our apologies to the crew of GM's escort van that had been leading all of the trucks on our merry journey into diesel land. Good thing PickupTruck.Com folks know how to read a map and the GM folks had been kind enough to give us good directions to the last stop on our outbound journey.

If ever you were in the market for a light duty diesel truck to do your daily commuting in, this would be the truck. The engine had great response and gobs of torque and power without any payload. The interior was almost as quiet as a gasoline engine's interior at every speed except when totally mashing on the accelerator.

The Sierra's ride was very comfortable for an unloaded 4x4. In fact we thought it more comfortable than the 4x4 3/4-ton Silverado we had driven the day before in Los Angeles which was very similarly equipped but for its gasoline engine.

Coming Back from the Frontlines

After everyone rallied at the edge of the Salt River we were allowed to pair off and select a Heavy Duty to drive back in without any GM chaperones. We missed out on getting the black hot rod again - which we had hoped to take off-road - and got back into the red dually we had driven during the second drive segment. Before we left we were able to lose the trailer and its heavy load.

Driving the large Sierra back was pretty pleasant. The engine had lots of spare power now that it was free of the trailer.

Even though it was a two wheel drive truck, we did manage to take it off-road a little to get some good photos and video, which you will see in the coming weeks.

After such an exciting day at the frontlines a passenger even fell asleep in the truck - further proof of the quiet interior resulting from the Duramax's low NVH levels.

Aside from running into an apparent swarm of killer bees just before we got back to the hotel (honest, we swear - the swarm looked like a small black cloud) the drive to the hotel was low key. Nothing like having a Heavy Duty when facing those nasty little buggers.

Summing it All Up

In summary, GM appears to have taken the lead, if only momentarily, in the heavy duty truck wars. The new Duramax from Isuzu, Allison and GM is going to send shockwaves throughout the truck marketplace.

GM is sure to gain much of the ground it has given up while fighting alone now that it has teamed up with such capable allies as Isuzu and Allison. The new Heavy Duty trucks may even help Chevrolet once again capture the number one sales position from Ford in the pickup truck marketplace if the others are sleeping behind their walls.


Now the fine print...

We understand you are buying online, but with us you are not buying blind! We handwrite every single description. We provide 24+ high resolution pictures & we inspect and photo what you see and what you can't see. We'll also be glad to email you detailed, closeup pictures of any area you'd like to see more of. People ask us all the time what is the catch to our vehicles. They assume that the prices are low because there is something wrong with them. Nothing could be further from the truth! Our secret is simple...LOW OVERHEAD. We are an internet-only dealer. We do not maintain regular office hours or a large sales facility. We simply have a Mississippi bonded dealer's license, a storage lot, and a computer. Since we don't have dozens of mechanics, helpers, salesmen, secretaries, etc. on our payroll; we are able to sell at greatly reduced prices.

You will notice that we sometimes go with private auctions. Our reasons are twofold...the latest scam is to send bogus 2nd chance offers to customers from a fake email address in an attempt to scam them out of money. With a private auction the scammers won't know who our bidders are so if you get a 2nd chance offer from us you will know that it is the real deal! In addition, we set our reserves to sell which upsets other sellers! In fact, sometimes we set our reserve $1,000 or more below what our cost is. This leads other sellers to email our customers and knock our product! We will provide the winning bidder, upon request, with a complete bid history including the usernames & bid amounts of all other bidders. All new or low feedback (under 5 positives) bidders must first email us for no other reason than just to make contact. This way we know we have serious bidders! If you don't make contact we will cancel your bid and black you out from future bidding. We do this to avoid the de@dbe@t bidders, so please respect our policy. If you have a rating of 5 or better you don't have to email us. In the meantime, sit back and enjoy our site and add us to your favorites, because you just never know when your dream vehicle will pop up!!!

We've put this vehicle through our EXTENSIVE inspection process & can report it has a great ride & drive! We do our best to let you know of any/all issues we can find on these vehicles since you're buying sight-unseen. The power mirrors do not work. We'll try to fix them, but bid assuming they do not work. WATCH THE VIDEO. If you have any specific questions then don't hesitate to call us email us. Please understand we do our best to describe, in detail, every vehicle we offer to the Ebay public. However, if you have any hesitation during the bidding period, please obtain a Buyer's Inspection PRIOR TO PLACING YOUR BID to satisfy yourself. After the auction ends, understand you are the legal winning bidder of this auction and agree to all our Terms and Conditions.

Be sure and take a look at the book values on this vehicle (or any other we have for sale) before you bid. We stopped offering a built-in BuyIt Now option due to ebay's policy of letting anyone with an email address register a username. We had half a dozen de@dbe@t bidders in a row hit the BIN with no intention of paying. We do have a BuyIt Now price so give us a call if you're interested. Make sure you call us for more information on this vehicle. As always though, our reserve is THOUSANDS less than NADA value so bid early & bid often so you don't miss out!

Don't be outbid at the last minute! With the eBay proxy bidding system all you have to do is enter the maximum amount you're willing to pay when you get ready to bid. Ebay will then automatically bid against other people for you up to that amount to help make sure you don't miss out.

This saves you from getting sniped in the last few seconds of an auction by someone with a computer program. Don't try and bid in small increments at the last minute...go ahead & bid the full amount you're willing to pay then let eBay do the hard work!

This vehicle is for sale locally so we must reserve the right to end the auction early due to local sale. However, once the reserve is met then we will let the auction run its course & sell to the high bidder. Now for the fine print...

 

Warranty Information
AS IS - NO WARRANTY
 
This vehicle is being sold as is, where is with no warranty, expressed written or implied. Please be aware that we are NOT PERFECT. We go to great lengths to make sure our ads are correct, BUT occasionally we do make a mistake. The seller shall not be responsible for the correct description, authenticity, genuineness, or defects herein, and makes no warranty in connection therewith. No allowance or set aside will be made on account of any incorrectness, imperfection, defect or damage. Any descriptions or representations are for identification purposes only and are not to be construed as a warranty of any type. It is the responsibility of the buyer to have thoroughly inspected the vehicle, and to have satisfied himself or herself as to the condition and value and to bid based upon that judgement solely. The seller shall and will make every reasonable effort to disclose any known defects associated with this vehicle prior to the close of sale. Seller assumes no responsibility for any repairs regardless of any oral statements about the vehicle.
 
Folks, we don't mean to sound harsh, but we do sell used cars. If you want a car in brand new condition then go pay anywhere from $20-60,000 or more at a new car dealer. We will make every reasonable effort to describe the vehicle, and we include many photos to assist in that effort. However, it is important to remember that these vehicles are pre-owned, not brand new. Therefore, minor items such as cigarette lighters, manuals, CD changer magazines, keyless entry remotes, etc. may be missing. And, as with any used vehicle, minor signs of wear may become apparent under close inspection. This may include small chips, light scratches or minor abrasions, wheel scuffs, and other indications of normal wear and tear. We cannot and will not be held liable or responsible for these issues. We Disclose our cars as much as we can, But don't forget you are bidding on a USED car. If you have any questions about the condition please feel free to contact us.
We Sell At Below-Wholesale Prices And Cannot Provide Spare Keys Or Floor Mats Unless They Are Already With A Vehicle. Feel free to contact us if you need this information. We CANNOT Be Held Responsible For Expenses Or Repairs Beyond The Point Of Delivery. We say this for the simple fact that once you leave then what happens hundreds of miles down the road is out of our control. We do our best to make all our vehicles road-ready. In most cases we have already driven them 4-800 miles ourselves.
 

Terms of Sale

Fee and Tax Information:

MS Residents Must Pay The 5% State Sales Tax on all motorized vehicles (7% on anything else such as campers, travel trailers, etc.) and a $100 Title/Doc Fee. All Other U.S. Buyers Will Pay Their Own State Taxes Themselves In Their Home State. All other bidders pay only a $99 Documentation Fee in addition to the winning bid. This covers our costs for a notary, Fedex charges, and other paperwork. Lousiana, Canadian and other foreign buyers must pay a $149 Documentation Fee to cover the extra Fedex and other expenses associated with doing international (and Cajun) paperwork. We do have Mississippi temporary tags available if you desire one for an additional $50. However, we've sent hundreds of RVs all over the country without them & nobody has ever had an issue driving home.
Winning bidder MUST contact us within 24 hours of auction end and make arrangements for payment at that time. Balance due within 5 days of auction end. This is due to the large number of de@dbeat bidders out there. If no contact is made within 24 hours we reserve the right to re-list the vehicle, sell it to the next high bidder, or otherwise dispose of it. PLEASE arrange your own financing prior to bidding. De@dbeat bidders WILL receive negative feedback & be reported to ebay.
 
Payment Must Be Made VIA Cashier's Check, Bank-to-Bank Wire Transfer, or Cash (in person). We must be able to verify funds prior to vehicle delivery. Generally we have almost all titles on hand. However, we sometimes buy vehicles that are dealer trade-ins where there is a payoff involved so the title may be delayed. Feel free to contact us if you need to verify we have the title on hand for a particular vehicle. All Titles Are Held For Up To 14 Working Days For Funds To Clear, Then Will Be Sent via Priority Mail. On Average, Titles Go Out Within a Few Days, But Occasionally There May Be Delays Beyond Our Control. We Cannot Accept Credit Card or Escrow Payments.
 
We're happy to help ARRANGE shipping however ultimately it is the buyer's responsibility to pick up or ship the vehicle. If you want to have your vehicle shipped we recommend DAS Auto Shippers. We've used them many times in the past with good reults. For the best rate contact them directly. Call 888-817-6203 for the fastest quote. To save money be sure and specify "terminal to terminal" shipping. We'll drop the vehicle off at their local terminal here at no charge to save you money. If you pick up the vehicle at a terminal nearby instead of having it delivered to your doorstep then you'll save even more!

If you prefer to fly in & drive home we'll be glad to pick you up at Jackson Internation Airport ("JAN"), the local Greyhound station, or the Amtrak Depot. Our business hours are from 8:00 a.m. to 5:30 p.m. Monday-Friday (CST). Please arrange your flight times accordingly. We are more than happy to provide free pickup during normal business hours. We no longer will deliver vehicles after-hours or on weekends. Occasionally things pop up like a blown fuse or a headlight going out and after hours a mechanic isn't there to fix it.
 
We will store your vehicle up to 90 days free, however you must provide full coverage insurance & pay in full. We will not be responsible for damage or theft while in storage here. Our insurance policy will not allow it.
 
If you are not sure about something, Please ASK. Do not assume anything not listed is included. We reserve the right to cancel bids for excessive negative feedback. We reserve the right to end the listing if the vehicle is no longer available for sale. Please make sure that the contact information (email address and phone number) in your ebay profile is up to date. If you're email bounces back on us then we will block you from further bids until you call us. Occasionally we may call to verify a bidder is legitimate. If we can't reach you then we reserve the right to cancel your bid.
 
Please do not bid on this auction unless you are serious about owning this vehicle. We spend approximately $150 per listing. This is how we make our living. All non-paying high bidders will be reported to Ebay, and negative feedback posted. We are not one of those sellers who is afraid to leave bad feedback where it is due even at the risk of receiving it ourselves in return(one of the major flaws in eBay's feedback system). You can look at our "feedback left for others" page for proof.
 
PLEASE ONLY BID WHAT YOU ARE WILLING TO PAY. IF THE RESERVE IS NOT MET, WE MAY CONTACT THE HIGH BIDDER TO OFFER THE SECOND CHANCE OPTION.

Chevrolet Silverado 3500 for Sale

Auto Services in Mississippi

The Service Station ★★★★★

Auto Repair & Service, Auto Oil & Lube, Brake Repair
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Phone: (601) 854-6244

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Automobile Parts & Supplies, Beauty Salons, Automobile Alarms & Security Systems
Address: Red-Banks
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Auto blog

GM opens military discount to 21M veterans and their spouses

Thu, Apr 7 2016

May marks the start of National Military Appreciation Month, and General Motors is getting into the spirit by expanding its military discount program to, well, just about everyone. That includes a total of 21 million military veterans and their spouses, along with the current slate of active duty, reserve, and National Guard members. The discount can slash thousands of dollars off the price of a new Buick, Chevrolet, or GMC vehicles, with Automotive News listing an $1,100 discount on the top gas-powered version of the Malibu, the Premiere. Those that want a bit more spice can get $1,700 off the price of a last-generation 2015 Camaro SS, while truck buyers will enjoy $3,000 off the Chevy Silverado All Star. That's just a start, though, since the military discount can be paired with other GM incentives. The discount doesn't apply to everything, though. Some are understandable – none of Cadillac's vehicles are included in the deal, nor is the Corvette Z06. You'll also be unable to apply the discount to a range of base-level trims, like the Chevy Cruze or Equinox L, the base Colorado, or the entry level GMC Acadia, Canyon, and Terrain. A full list is available at GM's dedicated military discount website. GM's expanded discount plan runs from today through May 31. News Source: General MotorsImage Credit: General Motors Buick Chevrolet GM GMC Car Buying Car Dealers Military

UAW to vote on strike at Kentucky Corvette plant

Tue, 08 Apr 2014

The current wait time for a new Chevrolet Corvette Stingray is well, not short. With word of a strike at the Bowling Green, KY factory responsible for seventh-generation sports car, though, that wait time could end up growing substantially.
Now, a strike is still a ways off. UAW Local 2164, which represents the 800 workers responsible for screwing the Corvette together, is set to vote on authorizing a strike today, but even if the employees give the action a go, it's far from a sure thing. According to The Tennessean, both regional and national union officials would need to put their stamp of approval on strike action.
"The membership has to vote to strike, but it's just a step in the process," said Gary Casteel, the UAW's Region 8 director and one of the people that would need to authorize a strike action. Casteel told The Tennessean, "It's purely a local situation, though. They are having some issues with the local management."

Subprime financing on the rise in new car sales, leasing too

Fri, 07 Dec 2012

We 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.