Rare Chrysler Imperial Crown, Fully Loaded, 66k, Running, Original, Not Cadillac on 2040-cars
Putnam Valley, New York, United States
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Rare, Fully Loaded 1962 Chrysler Imperial Crown Imperial Crown, 66k, 413 V8. Options include a/c, power windows, power seats, power steering and power brakes. I bought the Imperial from the son of a Mopar collector, it was in his family since the 70's. The previous owner claimed the 66k on the odometer is original, my mechanic thinks so as well. I'm looking for someone to keep going where I have to stop due to finances (or lack!). The Imperial is one of my all time favorites, it's the wild-style baby of Chrysler designer Virgil Exner. There is simply not another car like it. I've naturally got more into the car than my asking price, I just hope it goes to someone who will bring it the rest of the way. Mechanical: Entire new brake system, including booster, dual chamber master cylinder (I kept the original setup), brake lines, all six wheel cylinders, brake shoes and emergency brake overhaul. If you're familiar with these cars you know how much labor is involved getting all those components installed, adjusted, bled and stopping just right. The fuel system was replaced as well: fuel tank and sending unit, fuel lines, rebuilt carburetor and fuel pump. Complete tuneup as well including new battery and ground cable as well as all new belts. I got all the lights working including the dash lights, directinals and brights. I've been driving it around locally and recently the exhaust has gotten loud, it's one of the pipes coming down off the exhaust manifold to the bottom of the car. The exhaust system is solid otherwise, newer muffler and tailpipe. The pushbutton transmission has gotten intermittent as well, you need to shift back and forth from neutral to drive a few times to engage the tranny. From what I've read the solenoid that moves the gear selector gets worn and sloppy. The heater works, the a/c compressor turns on but doesn't blow cold and the radio works intermittently. The passenger side power window works, the others don't; I don't know if it's the switch or motors. The power seat does not work, the wipers and horn work. The tires are new as well. The engine starts easily even after sitting for weeks and the garage floor is always dry when I pull the car out. No noises from engine, power steering works perfectly, the 413 V8 is surprisingly quiet and smooth. Cosmetic: I haven't done anything to make the car look better in the photos; once I made the decision earlier today I pulled the car out of the garage in the rain and took quick shots with my phone! I didn't even reinstall the rear window chrome trim for the photos, it's in the trunk. I haven't done anything cosmetically, just removed the old carpet and was glad to see the floors are all solid. I have matched color loop style carpet I can include. The seats are good, one small opening of about two inches at the bottom of the driver's seat, otherwise just some fading at the tops of the seats. The front and rear center armrests are good as well as the headliner and visors. The front door panels are better than the rear but they're all complete, they're fraying at the edges. The rear deck material is dry and faded. The dash, dash display and steering wheel are near perfect. The glass is very nice all around including the windshield, no scratches or discoloration. The front bumper is good as well as the grill, the separate bumper extensions under the front corners of the fenders are peeling and the rear bumper is peeling in spots. Some small areas of corrosion down the bottom under the doors, nothing too bad, the worst is forward of the driver's side rear wheel well as seen in the pix. All the panels line up straight, doors, hood and trunk and the doors close easily. The body and undercarriage are solid overall, floors and frame good. The car has never been repainted or had any body repair. The title is in my name; you can probably tell I had big plans for the Imperial! I reserve the right to end the auction early as the Imperial is for sale locally and I'm open to reasonable buy it now offers as well. I can assist with shipping in the USA or internationally if necessary, cost of shipping to paid by buyer. I can recommend a door to door auto shipper I've used in the past; they're professional, reliable and have great rates. Rare classic Mopar which will only appreciate in value! Any questions feel free to email or call 914-224-3230 |
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Auto blog
Auto bailout cost the US goverment $9.26B
Tue, Dec 30 2014Depending on your outlook, the US Treasury's bailout of General Motors, Chrysler (now FCA) and their financing divisions under the Troubled Asset Relief Program was either a complete boondoggle or a savvy move to secure the future of some major employers. Regardless of where you fall, the auto industry bailout has officially ended, and the numbers have been tallied. Of the $79.69 billion that the Feds invested to keep the automakers afloat, it recouped $70.43 billion – a net loss of $9.26 billion. The final nail in the coffin for the auto bailout came in December 2014 when the Feds sold its shares in Ally Financial, formerly GMAC. The deal turned out pretty good for the government too because the investment turned a 2.4 billion profit. The actual automakers have long been out of the Treasury's hands, though. The current FCA paid back its loans six years early in 2011, the Treasury sold of the last shares of GM in late 2013. According to The Detroit News, the government's books actually show an official loss on the auto bailouts of $16.56 billion. The difference is because the larger figure does not include the interest or dividends paid by the borrowers on the amount lent. While it's easy to see fault in any red ink on the Feds' massive investment, the number is less than some earlier estimates. At one time, deficits around $44 billion were thought possible, and another put things at a $20.3 billion loss. Outside of just the government losing money, the bailouts might have helped the overall economy. A study from the Center for Automotive Research last year estimated that the program saved 2.6 million jobs and about $284.4 billion in personal wealth. It also indicated that the Feds' reduction in income tax revenue alone from Chrysler and GM going under could have been around $100 billion for just 2009 and 2010, significantly more than any loss in the bailout.
Marchionne open to combination with Ford or GM
Fri, Mar 13 2015At the depths of the auto industry implosion, there was widely reported talk that General Motors and Chrysler would be merged into a mighty import-beating behemoth. While such notions clearly never materialized, that doesn't mean the idea is dead. In fact, FCA boss Sergio Marchionne still welcomes the idea of a partnership with either GM or Ford. He responded positively to the idea, calling it "technically feasible," when asked about it at the 2015 Geneva Motor Show, Automotive News reports. "There's bantering that goes on all the time," Marchionne told AN, before quashing suspicions that a plan was in the works by adding that "nothing substantive" was going on. Our favorite black sweater enthusiast isn't quite as interested in the idea of teaming with a foreign manufacturer like PSA Peugeot Citroen, or in the rumored tie-up with Volkswagen, though. That is a shame, particularly in regards to Marchionne's shut down of a partnership with the French, although it isn't necessarily surprising – FCA already consists of eight automakers, and as Sergio told AN, there's really nothing at PSA that could help the company out. What are your thoughts? Is there an obvious project or segment that would benefit from an FCA partnership with Ford or GM? Have your say in Comments. News Source: Automotive News - sub. req.Image Credit: Marco Bertorello / AFP / Getty Images Chrysler Fiat Ford GM Sergio Marchionne FCA merger
2015 Chrysler 200 production gets underway [w/videos]
Mon, 17 Mar 2014Chrysler announced recently that it has added some 800 new jobs at its Sterling Heights Assembly Plant (SHAP) to support the production of its all-new 2015 Chrysler 200 sedan. Total employment at the Sterling Heights, MI plant grows to almost 2,800 with the hires, an impressive figure for a plant that was slated for closure in 2010.
Speaking to a crowd of employees and community leaders, Fiat-Chrysler CEO Sergio Marchionne was on hand to celebrate the kick-off of 200 production last week. "We're making a big bet on its success," said Marchionne of the sedan, "we've invested nearly a billion dollars in this facility."
That billion-dollar bill has been used to construct a spanking new paint shop, install a new body shop and install "machinery, tooling and material-handling equipment" according to the Chrysler press release. The company says that SHAP now runs to nearly five million square feet of manufacturing space - loads of room for all the new employees to do their thing - and that the facility can handle multiple vehicles on two unique architectures.