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New $4,000 Engine ~ For Sale By Car's Third Owner Who Has Owned It 42 Years! on 2040-cars

Year:1926 Mileage:5
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This 1926 Model T Coupe is "parade ready" and is reluctantly being offered for sale by its owner.  I am helping a friend who is approaching 80 years old and for health reasons has reached that dreaded time of life where he must dispose of his cars because he is moving into a retirement home.  He has owned this Model T for 42 years (bought it in 1972) and he estimates that during his 42 years of ownership he has driven it a total of maybe 1,000 miles puttering around the block with his grandkids or driving in a parade.  

He indicates that he bought it from a man who owned it for two years who said he bought it from the original owner which makes him the third owner - YOU CAN BE THE FOURTH OWNER!!!  The car has never been disassembled for restoration, but rather had a body-on paint job in 1981 which still shines and a fresh interior was installed by a professional upholsterer.  With just a little bit of elbow grease, some wet sanding and some polishing compound, the paint should shine like a new dime!

The engine is the original engine which recently had a professional rebuild with all new babbitt by Ross Lilleker of Lilleker Antique Auto Restorations in College Station Texas at a cost of over $4,000 (we have all the receipts for work done) and since the engine was installed in the car it has probably not been driven over five miles!!!

If you've always wanted a nice Model T Coupe, here's a good one that no one messed up trying to take apart and restore.

* The "Balloon Cord" tires were bought from Snyders Antique Auto Parts and probably have less than 15 miles on them since new.
* It has a new Exide battery installed in the last 3 weeks at a cost of $125.
* It has an electric starter however it comes with the original hand crank should the need ever arise or if you want to impress your friends and show them how it was "done in the good old days".
* The car has always been stored in an insulated garage and has been "pampered" its whole life.
* The car comes complete with a new reproduction sunvisor which was bought from Snyders Antique Auto but never installed.
* Comes with copy of 300 page Model T Ford Service Manual.

The car was purchased in Kansas in 1972 and still has a clear Kansas title even though the current owner has lived in Texas for many years.  "Whizz" was the owner's nickname and the personalized Kansas Plate "WHIZZ" is an antique plate which is good for life.  

We are starting the bidding at $6,000 with NO RESERVE - the high bidder gets it!!!  Don't let this chance of a lifetime pass you by.  The winning bidder must deposit $1000 via Pay Pal within 48 hours of the end of the auction and the balance either in cash or certified funds will be due when the car is picked up in Georgetown, Texas.  Georgetown is 25 miles north of Austin on Interstate 35.  It is the buyer's responsibility to arrange shipment if not picked up in person.

If you are one of those "last 60 second bidders" be sure to add it to your WATCH LIST for next Sunday night so you won't forget - it would be difficult to find a nicer Model T Coupe than this one.  Good luck - feel free to ask any questions and I will get you an answer.  It is offered locally as well so we reserve the right to end the auction early should a local buyer make us an offer we can't refuse.

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Ford 2Q profit drops 86% as it restructures overseas

Thu, Jul 25 2019

DEARBORN, Mich. (AP) — Ford's net profit tumbled 86% in the second quarter due largely to restructuring costs in Europe and South America. Net income for the April-through-June period dropped to $148 million, or 4 cents per share. Without the charges the company made 28 cents per share. Revenue was flat at $38.9 billion. On average, analysts surveyed by FactSet expected earnings 31 cents per share on revenue of $38.49 billion. Chief Financial Officer Tim Stone says the company had charges of $1.2 billion as it moved to close factories in Europe and South America. He says Ford already is seeing an impact from its global fitness measures that included a reduction of 7,000 white-collar workers. Ford, which released numbers after the markets closed Wednesday, says its results include a $181 million valuation loss on an investment in a software company, trimming 4 cents off adjusted earnings per share. Its stock fell 6.3% in after-hours trading to $9.68. Stone said Ford is in the early stages of its restructuring, but already is seeing improvement in some regions. Free cash flow also improved by 80% to $2.1 billion in the first half of the year, he said. "We're already starting to see some early benefits," he said. "A lot of work to do." The company expects improvement in the second half of the year as more new big SUVs hit dealerships and more of the restructuring takes hold. Ford on Wednesday forecast pretax adjusted earnings of $7 billion to $7.5 billion for all of 2019, compared with $7 billion last year. The company previously had only said that pretax earnings would improve. Full-year adjusted earnings per share are forecast to be $1.20 to $1.35, up from $1.30 in 2018. Previously it did not give per-share guidance. Ford's U.S. sales fell nearly 5% in the second quarter, according to the Edmunds.com auto pricing site, as the company exited most of its passenger car business. But Stone said sales of the new Ford Ranger small pickup offset much of that as its share of the small truck segment rose 14%. Edmunds, which provides content for The Associated Press, said Ford's average vehicle sale price rose 2.8% to $41,328 during the quarter. In North America, Ford's biggest profit center, pretax earnings fell 3% to just under $1.7 billion, which the company blamed on switching its Chicago factory to build new versions of midsize SUVs.

Watch Ken Block's scary Rally America crash from inside the cockpit

Wed, 19 Feb 2014

Ken Block became famous for his series of Gymkhana videos, but he's a real racer in his own right. Block has competed many rounds in the FIA World Rally Championship and also rallied in the 2013 Rally America series. He nearly won that latter title last year - if not for a massive crash in the final event of the season.
Block and his co-driver Alex Gelsomino went into the Lake Superior Performance Rally needing a win to take the championship. However, missing a clump of dirt on the side of the road and one little word in the pace notes was all it took to catapult Block's Fiesta off the road and into a tumbling accident. Block says his initial reaction was anger because the crash came out of nowhere.
For 2014, Block is joining the FIA World Rallycross Championship for at least three rounds. He'll drive a Ford Fiesta for the Hoonigan Racing Division at the Norwegian, French and Turkish events of the 12-round championship. Former Formula One World Champion Jacques Villeneuve will also compete in the series.

Toyota again claims Corolla outsold Focus worldwide

Wed, 10 Apr 2013

Toyota isn't convinced the Ford Focus was the best-selling nameplate globally last year. Bloomberg reports that for the second time in seven months, both Toyota and Ford are laying claim to the title. Ford cites R.L. Polk & Co. data that says the automaker moved some 1.02 million Focus models in 2012 compared to just 872,774 Toyota Corolla units. But Toyota says the actual figure is closer to 1.16 million Corolla models.
Last year, Ford said it took the sales crown through the fist half of 2012 based on information from IHS Automotive, but Toyota pointed out those numbers left out models like the Corolla-based Matrix and Auris, as well as the Corolla Fielder and Scion xB-based Corolla Rumion. Whether or not Toyota's belief that all these cars should be counted in the Corolla bucket is accurate or not is seemingly up for debate... as is the question of why it matters so much to both parties.
This time around, Ford is holding the line that the Focus is the "best-selling nameplate," with Erich Merkle, a US sales analyst with Ford saying the company's figure is, "a pure number that is verified by a third party." Toyota, meanwhile, has requested clarification from Polk.