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91 Ford Mustang Show Restomod Leave Corvette, Porsche, Viper, Gtrs In Your Dust on 2040-cars

Year:0 Mileage:91440
Location:

Fort Worth, Texas, United States

Fort Worth, Texas, United States

Watch the attached video. What you are bidding on here is something you probably won’t ever run into again.  This is a restomod that is 10 years in the making being advertised for sale just as it is being completed. This car has over $55,000 in brand new parts with ZERO miles and countless custom touches.  This doesn’t include the cost of the actual car, labor, or paint and body work.  There are several thousand hours in this car.   To have this built you would spend well over $100,000 at any shop and would probably wait years for it to be completed.  The buyer of the vehicle has a couple of options to choose as the car will be completed based on your wishes. 

This build began with an absolutely gorgeous, clean title, 1991 Ford Mustang GT Hatchback with only 91,000 accident free no rust miles.  This car was parked in 2003, stripped and has been meticulously crafted since.  Nothing on this car was rushed and everything done was done with performance, aesthetics and quality in mind.  Nothing was just “thrown” together and very little is just a bolt on. 

The parts list is a rundown of the best of the best.  The engine and transmission were blueprinted and put together by the best there is, Bennett Racing and D&D performance.

  Practically everything on this car is either polished, chromed, powder coated or ceramic coated.   ARP stainless 12 point fasteners and AN fittings with braided steel lines were used throughout.  There are probably close to a thousand dollars in just bolts in the engine bay.  This is a show winning build.    

A show polished Renegade double bracket with ARP stainless bolts and a 10 rib pulley are installed and ready to accept your choice of supercharger depending on your goals.  You get to pick from the following brand new Vortech head units which were made for this bracket.  Here are your supercharger choices: (new and polished)

SQ Si – if you want under 700hp and a quieter supercharger with better low end power then this is a great choice.

T trim – If you want people to know there is a supercharger under the hood and you want something under 800hp then this is a good choice but at lower boost levels it won’t respond (build boost) as well as the SQ.

YSI -  This is the big boy, good to 1200hp.  This car was built to handle this big boy but it might be a little much for the street.

Realistically, for a street car you really don’t need more than about 600 horsepower .  This is a great power level for the street and the 60lb injectors currently in are perfect for this power level as well as tuning for street manners, start-up and idle.  These older fox bodys are light compared to newer cars so it would still run away from most everything else.

An Anderson Mondo bypass kit that has been chrome ceramic coated, with the (of course) polished Mondo valve will be installed with the supercharger.  You can see an early mockup in the video.

This car is garaged and covered, it will only be test driven as part of the build tuning process to check everything functions properly and will then be dyno’d naturally aspirated.  This way there is no mystery on how much power the car makes before supercharging.  It will not be driven after completed and will remain garaged until driven by its new owner.   

Once you choose what supercharger you want the supercharger will be added and the car dyno’d and tuned with the supercharger.  Of course if you prefer, you can have it tuned by a tuner of your choosing and I’ll credit back $500 after payment toward this.  At a minimum this car will be tuned and dyno’d naturally aspirated so you have a well-mannered street car with a known naturally aspirated power level.     

The stock tune just won’t hack this level of modification so this car has the proven TWEECER RT piggyback tuning system.  A laptop will be included with the car that has registered upgraded tuning software installed (Binary Editor) and EEC Analyzer.  The laptop will have this car’s naturally aspirated and supercharged tunes on it for reference.  Hooking the laptop up with the included USB cable you can monitor and data log virtually every engine parameter on the screen such as pulsewidth, duty cycle, air to fuel ratio, air intake temp etc as well as data log it all.  This does not mean you need to know how to work any of this, it is just there if you want to.  As it will be tuned you don’t have to know how to do anything except drive.  However, the TWEECER RT has the ability to save 6 tunes that you can select with the turn of a knob.  You could have a different tune for different boost levels, gas mileage, with or without meth injection, race fuel or pump gas…and of course a valet mode is always a good idea where you can restrict RPM to 2000, cut fuel etc to keep your car and others safe. 

The goal of this car was to build an all-around performance fox body that will hang with the most expensive production cars on the road course, drag strip and car show all while having daily driver manners and comforts.  This car was built to be a street car not an all-out max power effort. 

What does that mean exactly?   Because folks have different interpretations of what a street car is, let me clarify.  This is not the normal Mustang you see that is a max horsepower effort with a big cam that will have low RPM bucking issues, no torque off idle, missing Air Conditioning and heat, manual brakes or steering, overheating issues, no sway bar, inop power locks, poor cornering/braking etc.  This was built to be an all-around car with every facet at a world class level… a motor with a healthy idle and exhaust note, a massive torque band, the ability to sit and idle in 100 degree weather without overheating all while keeping its passengers cool and comfortable with the choice of either listening to the music of the exhaust note or a high end quality stereo system.  (not a bass monster or thumpy stereo)

That being said, all of the major systems on this car are built to handle well over a 1000 horsepower if desired in the future.  These main systems include:

·         A Bennet Racing Dart block 347 Big Bore stroker good up to approx 1400hp. 

·         Twin Disc Mcleod Clutch rated at 1200hp. 

·         D&D Viper Spec T56 – D&D says they have had ridiculous power put through these without breakage. 

·         8.8 rear end chopped with 9 inch big ends welded on with Strange 33 spline axles – over 1000hp. 

·         Glenn’s performance sleeper fuel system with twin pumps AND and Kenne Bell Boost-a-Pump – good to approx. 1400+hp.

This build started with a low mile, accident and rust free original 5.0 V8 five speed Mustang.   This car was parked in 2003 and completely gutted and stripped.  The engine bay was smoothed as well as the antenna.  Badging was removed from the fenders and smoothed.  This car is a masterpiece.  

A full race winning suspension from Maximum Motorsports was installed.  It’s practically the whole Maximum Motorsports catalog.   A heavy duty Torque arm and panhard bar keep the rear axle in place while planting the tires on acceleration and reducing nose dive during braking.  Powdercoated Cobra discs in the rear with integrated parking brake, slotted rotors and a coilover conversion round out the rear.  Up front the car is lightened, strengthened and geometry improved with a MM K-member which has the engine set back for better weight distribution.  Trick tubular adjustable A-arms allow you to place the wheels forward, aft, in or out based on your preference.  The sway bar mounts were reinforced with welded in tabs before painting. Powdercoated 96 spindles hold the Agent 47 cooling ducts which cool the Brembo calipers and slotted rotors. 

The notoriously noodle like Fox platform was stiffened up with full length weld-in subframe connectors with seat mounts, 4-point roll bar with harness bar, and rear shock brace. 

The interior on this Mustang is stunning.  By far the classiest I have ever seen in a fox body.  The car originally had the titanium/black interior which was in great condition and looked good but it was removed and replaced with an original black interior from an 88,000mile LX which was completely gone through and customized.   Anything that needed to be was replaced, cleaned or redyed.   A new headliner was installed, the original carpet was in great shape and just cleaned.  The door panels were disassembled, cleaned and resprayed with OEM dye and the middle and lower panels replaced with custom leather panels.  The middle door panel is a two tiered panel(thicker on top) with supple black leather on the bottom and a perforated vinyl on the top.   This ties in nicely with the dash that has the same perforated material on the dash pad.  The bottom door panel gets rid of the stock plastic speaker cover and is the same black leather with a subtle flame motif around the Focal 6.5 woofer.   The stock sound deadening was removed and the panels were lined with a new better than stock jute backing which is aluminum on one side for sound deadening and heat reflection.  New police (one key) door and hatch locks were installed, new power locks, new Carlite 1/4 windows and all door trim, front and rear (Cobra) lights, rear hatch lights, bumpers, hole covers and weather stripping.  Custom door sill plates with CNC cut 5.0 symbols tie in nicely with all the polished and brushed aluminum accents. 

The center console boasts a new leather boot with aluminum rivets, a T56 leather handle (or a billet one if you would rather), new LEATHER parking brake handle and armrest delete.  Three voltage gauges are installed where the ash tray used to be to entertain you as you watch how the electronic controller varies the voltage to the dual electric fans and waterpump based on temperature.   

The stock airbag steering column was pulled in favor of the more desirable tilt column out of an 89.  An NRG quick release allows you to seemlessly remove the gorgeous MOMO leather steering wheel with integrated horn button for easy access and as an anti-theft measure.

This car has a custom, one of a kind rear seat delete with an integrated custom roll bar.  The roll bars you can buy for these cars all bolt the main hoop down into the footwell of the rear seat.  This results in the main hoop being visible, and in my opinion unsightly, whenever you open the door.  The footwell is also a thin area of the floor pan… although it has proven to be up to the test in a rollover.  This roll bar however has the main hoop up at the front corner where the rear seat sat.  This is a more substantial area of the floor which is boxed in below and has less chance of the main hoop punching through.  It also results in a very asthetically pleasing roll bar set-up.  The roll bar is not noticeable with the doors open as it is set back behind the pillar and the down bars follow the angle of the quarter windows. This also keeps the roll bar a safer distance from your head.   A harness bar curves around the seats in case you want to add 5 point harnesses in the future.

The rear seat delete was designed to look stock and elegant, adding minimal weight over the rear seat components all while housing high end stereo components.  A custom stereo system was designed to fit in place of the rear seat and provide a flat surface to extend the hatchback into one large hatch area as well as hiding the bottom portion of the roll bar.  You could definitely get some groceries (or a couple of sets of golf clubs) in there. 

To save weight the woofer enclosures were made out of fiberglass and the top panels are a composite.  The entire unit is anchored to the car by the original seat belt anchors so it will not move around but you can remove it if you just had to get as light as possible for a track event.  Custom carpet for the hatch was cut from some really nice plush 9400 carpet (much nicer than stock) that was bound and placed over 1/2 ’ jute backing for sound deadening.  Looking at the car you wouldn’t even realize two 10” subs and a monster amp were in the car.  The stereo consists of a pair of Boston 10 inch subs in the rear and Focal 6.5” components in the front.  The speakers are driven by an old school Soundstream Reference 4-channel amp.  If you know stereos, you know this is nice stuff.  This stereo was put together for accurate audiophile sound, not so folks can hear bass from 3 miles away.  Everything is controlled by a Pioneer Premier blue tooth head unit with an Ipod/Iphone interface.  It has a remote control and Hands free phone as well as A2DP to stream music via Bluetooth so you could select a song from outside the car if you wished.

The rear view mirror was replaced by a high tech mirror with integrated LCD screen that will allow you to monitor and record a front facing or rear facing camera.  So if you want to record passing that Porsche on track days at your favorite road course, this mirror has a hi def camera with DVR integrated into it.  The rear camera is a custom install that was very time consuming to run the wiring from the mirror, into the hatch, through the wing and all the way to the third brake light where the rear camera has been inconspicuously mounted inside.  The mirror is also a NAV system with GPS or you can watch videos loaded from a micro SD card. 

Several hundred hours were spent on the wiring on this car.  Two wiring harnesses from 91 were mated so that wiring could be run through fenders and many unsightly components hid in the fenders.  All wiring throughout the car was gone through and all electrical work was done correctly with connections soldered and heatshrinked.  The wiring for all the aftermarket electronics was completed and integrated at the same time while the car was gutted.  The diagnostic port wiring was moved into the interior of the car so codes can now be read from the drivers seat vice underhood.  The Salt and Pepper 12 PIN connectors from the engine compartment that are 1) unsightly and 2) typically the cause of a myriad of electrical issues were disposed of and the computer harness and engine harness were integrated for a much cleaner appearance. 

Like everything else on this car, the electric fan and waterpump setup is hi-tech.  A controller determines the amount of voltage needed to be sent to the dual electric fans and water pump based on coolant temperature.  You can watch how this works on the three voltage gauges installed where the ash tray used to reside. The only place connectors were used were on parts that might need to be removed in the future such as the stereo faceplate and voltmeters/indicator lights so quick disconnects were used there.  Everything added on has separate fuse boxes as well, one front and one rear.   

One of my favorite upgrades is the conversion of both the instrument cluster and the AC gauges to LED lighting.  This makes the car so much nicer at night. (not that I've driven it, just sat in it with the lights off) It's better than new  and the needles really pop.  Combine this with the NEXUS gauges whose color can be changed and dimmed with the remote and it’s a very modern looking interior.  While the dash was out, the plastic cover on the instrument cluster was removed and polished.  That took it from hazy to crystal clear.

Now for what you really care about.   The engine.   There’s well over $20k in the engine bay.  Just look through the parts list below and it’s a who’s who of the best.

The heart of the engine is a Jay Allen custom cam oriented towards daily driving and made for boost.  It was designed to have a nice idle with just enough lope to let you know something is in there but provide good vacuum, impeccable daily driving manners and monstrous power and torque throughout the RPM range for those stop light to stop light sprints. 

A Bennett Racing 347 big bore (4.125”) short block based on a Dart Iron Eagle block with Cometic gaskets insures the capability to handle the highest boost pressure while Flow Tech Induction smog legal AFR 185’s with upgraded Beehive springs and top of the line Jesel rockers insure no valve float at the highest RPM. 

A mother-of-all show quality crankcase evac system was added to relieve the excessive pressure normally seen in stroker and boosted motors.  This is essential as not having one will result in oil being sucked through the PCV valve and into the intake coating the valves with oil, reducing engine life and blowing out seals under boost.  Most folks simply plug off the PCV valve and run lines to a catch can and vent the gases overboard.  This can work, but with several negative effects.  This system puts another check valve in-line with the PCV valve to keep boost out of the crankcase while still providing the benefit of clean oil that a PCV system provides at idle under vacuum.  A 10AN fitting welded into each show polished custom valve cover provides a robust evac path under boost to two catch cans whose exhaust fumes are then fed back into the engine to be burned (as designed) instead of being poured into the engine bay and smelling up the interior.

This car was built to drive every day in the hottest weather without the car or driver overheating.  The AC system has all new lines, accumulator, condenser and evaporator and was converted to R134.  The AC system was completely checked.  A vacuum was pulled and the system held it for 3 days no problem, so no leaks to worry about.  Freon was added until AC system pressures were within specs and temperature ice cold.  The heater core is also new.

This beast sports a brand new set of 18x9 and 18x10 lightweight SVE Drift Wheels with new BF Goodrich 255/35/18 KDW tires on front and 275/35/18 BF Goodrich Drag Radials on the rear. 

Here’s a list of parts on the car. 

PAINT/BODY:

Original 91 sheetmetal, never wrecked

Cervinis 2.5" bolt on cowl hood

Cervinis "Saleen style" wing

Cervinis Stalker front bumper

repainted factory red,complete with engine bay and jambs, using Dupont Chromabase base/clear system

UNDERHOOD:

Bennett Racing built Dart Iron Eagle big bore 347 (Ross pistons, forged Scat crank and H beam rods)

Jay Allen custom cam

Ed Curtis AFR 185s w/ beehive upgrade

Cometic 4.125" MLS HGs

Vortech S/T/YSI (polished) (you choose) 

Renegrade passenger side brackets (polished)

10 rib upgrade

Anderson Mondo bypass kit (ceramic coated)

polished Mondo bypass valve

Holley Systemax II w polished Hogan intake

Jesel Sportsman shaft mounts

 Accufab 75MM T/B and EGR spacer (polished)

Mezeire polished alum. electric water pump w/ idler

Blueprinted Melling HV o/p

Milodon 7 qt. pan with blower drainback plug 

AFR/Bassani large diameter shorties (Jet Hot coated)

ARP hardware used throughout (stainless 12 point)

ATI super damper

Snow Stage 2 Boost Cooler  SNO 20010

Windage Tray MIL 81157

Timing pointer FMS M 6023 B351

95mm PMAS 60lb injectors

Aluminum Radiator  CR5058

Digital 6 w 2 Stage Retard  MSD 6520 (will change to MSD 6AL-2 6530 to map out a timing curve based on boost pressure)

Dual 11" Electric Fan/Shroud  RS2003

Racetronix Siemens 60LB injectors P?N S107FM

Custom Valve Covers w Cutout for YSI

Energy Suspension Engine Mounts

SLP Powerflo Exhaust System  SLPM31020

Tilton Super Starter

water pump and electric fan controller

Timing Set Billet Ford

TFS 21406150 5/16 pushrods

Polishing: Intake, Valve Covers, PS bracket, Tensioner, AC compressor, Vortech brackets

Powdercoating

CLUTCH/TRANNY:  NEW

Mcleod blowproof bell

Mcleod dual disk "StreetTwins" clutch, 26 spline, good to 1200hp

Fiore Micro-click adjust firewall adjuster (none better)

Fiore quadrant

D&D Viper Spec T56

T56 Steel Bellhousing w machined spacer

T56 install kit

T56 speedo cable

Billet flywheel

  Pro 5.0 shifter

SHD clutch fork

Dynatech aluminum driveshaft

Driveshaft safety loop

FUEL SYSTEM:

Glenn's Performance "Sleeper" tank -10 feed, -6 return

Dual walbro 255 inline pumps

Kenne Bell Dual Boost-A-Pump

Aeromotive coarse and fine inline filters, y blocks, fittings, and pushlock hose front to rear

In tank pickup

BBRC Billet 5.0 fuel rail kit  Jeg's 002714102

Fuel Filter  10 AN 10 Micron  AEI 12301

Fuel Filter 10AN 100 Micron  AEI 12304

Aeromotive boost-sensitive Fuel Pressure Regulator  AEI 13101

Fitting 6AN to Barb straight  AER FBM1512

4 x Fitting 8AN to Barb straight  AER FBM1513

4x Fitting 8AN to Barb 45deg  AER FBM1523

2 x Fittings socketless AER FBM 1534

4 x ST Alum #8 Flare 1/2  AER FBM2008

2x EAR 916110ERL  -10 female to 1/2 NPT

4 x -10 O ring to 10 Flare  SUM 220164

Black tank cover painted

20 FT of Black hose  AER FCN0620

Black Socketless hose AER FCN 1020

Billet Y block 1/2" NPT  555-15112

FRONT SUSPENSION:

Maximum Motorsports K member (engine currently setback 1")

MM coilovers with KYB adjustable struts

MM camber/caster plates

MM "bolt through" tie rod kit

96+ SN spindle powdercoated

Custom adjustable length control arms with poly bushings

MM aluminum steering rack bushings

REAR SUSPENSION:

Maximum Motorsports Coilovers with Bilstein shocks

MM Panhard bar (polished)

MM Heavy Duty Torque Arm

MM tubular control arms

MM full length subframe connectors

REAR AXLE:

Stock 8.8 case adapted to 9" big bearing ends (no C clips to fail) (Fox length)

33 spline Eaton Posi

33 spline Strange street axles

Rear TA girdle

BRAKES:

Front - 2000 Cobra R 4-piston Brembos

drilled/slotted zinc-washed Brembo rotors

Rear - 94-04 Cobra powdercoated 1 piston vented rear disk setup complete with anti-moan brackets and

North Racecars Fox length brackets

94-95 Cobra Master Cylinder

Stainless Braided lines  Rus 693350

  Brake rotors Pair EBC GD7021

Road racing brake pads  HWK HB111E-610

INTERIOR:

Recaro Seats

Custom Roll bar

MOMO steering wheel

NRG quick release

89 Tilt Steering column swap

Nexus Oil Pressure gauge  ATM 6453

Nexus Water Temp Gauge ATM 6455

Battery Disconnect Switch  PRF 30205

Nexus Boost gauge

Nexus Fuel Pressure Gauge

Innovate Wideband gauge

Nexus Controller

Dual Gauge Pod

Soundstream Reference

Pioneer Premier/Bluetooth/Iphone control

Focal 6.5 component speakers

Custom Rear seat delete

Custom Carpet

All interior cleaned and repainted -  original black interior

MISC:

 

 

Taylor Rear Battery mount w/ 1 gauge cable

2 Race bearing rear end

3 Earls 985008

3M double sided tape

4.00 " Red Hump Silicone hose

6 Stainless 3/16 bolts

ARP 150-2503 Damper bolt

ARP 200 2802Flywheel bolt kit

ARP 254 4703 Head stud kit

ARP 400 1210  3/8 X 1  SS 12pt Header bolts

ARP 400 761 Stainless 12pt valve cover kit

ARP 454 1903 Oil pan stud kit

ARP 554 9501 Engine Bolt Kit SBF 12 pt

ARP 612 4000  12pt 5/16-18 x 4

Bell & Gaines Machine Shop longblock engine assembly

Billet Aluminum Distributor clamp  CSI 671C

Billet timing chain w roller bearing

Brake line parts

Cam bolt kit pro SBF

Ceramic coat EGR tube

Cervini Shipping

SVE Drift Wheels 18x9 front, 18x10 rear  approx 24 lbs each

Cowl vent cover

Custom 2.5" Cat X pipe

Dynamic racing products

Earls 985068

Energy bushing

Engine Shipping costs

FelPro 1645

FMS M 6710 A50  Oil Pan gasket

FMS M 7600 A  Pilot bearing

GT ground effect bracket

Hood hinge cup

Hood prop rod clip

Narrow rear end, weld tubes  54 1/8" end to end

Lifter Hyd Roller Retro Ford SB

LRS 20708K Door renewal kit

LRS 20938B RH door molding

LRS 40610A Hatch lift supports

LRS 43720A Hatch weatherstrip

LRS 7993PG-K  Plug and grommet kit

LRS Door belt molding and seal kit

LRS Door lock knob grommet

LRS GT side skirt screws

LRS lock cylinder gasket

LRS RH and LH run channel weatherstrip

Misc #6 hoses and fittings

MSD Coil MSD 8227

MSD TFI Harness  MSD 8874

New 1/4 windows OEM

New Cobra taillights

New Headlights

Oil pan gasket SCE 236090

Oil Pump bolt kit 12pt

Oil pump pick-up

paint polish

Police 1 key Lock Set

POR 15

Problend

PTX

Ring gear bolts Chrome moly Black Oxide ARP 250 3003

Rod end Black  5/8 x 3/4

Silicone Hoses and T bolt clamps from Race Part solutions

Thrust plate 302

Tint Quarter windows

Wilwood adjustable Proportioning valve

Timing Cover gasket set

 

Lots of:

 Chrome,

Powdercoated

Polished

Jet Hot coating

 

If you were to go out and buy all of these parts you would be out over $55,000.   Again, these are new parts.

That doesn’t include the thousands of hours of labor to install anything, bodywork, paint work, custom wiring etc.

With some of my description about driveability, don’t get the idea this is a Lexus or Toyota.  This is a muscle car, with muscle car appeal.  It hasn’t been driven to find out, but don’t expect 35 mpg.  Mileage will vary greatly with how much your foot goes to the floor, but expect in the range of 17-21 highway driven conservatively.   You will hear this exhaust, the whine of a supercharger (depending which one you pick) and a high performance valvetrain.  All wonderful noises to a muscle car enthusiast.  However it is also very refined for a car of this power level with sound deadening, wonderful seats and modern creature comforts and electronics.

Like most of this body style, smog equipment has been removed to clean up the engine compartment but the car was built to pass in California as the parts chosen were smog certified such as the heads, headers etc and has catalytic converters.  You may notice in the pics the EGR recirculation tubing that attaches to the back of the heads is there (though of course powdercoated chrome) with a polished brass blockoff.  I have all smog equipment if you want it.  It could be easily put back on, the upper intake replaced with the stock Holley upper which has a CARB EO exemption (it of course has been milled smooth, polished and painted- a show piece) If this is what you want, I can do it…it just won’t look quite as good with the extra hoses but it will still look incredible.  This car will get attention.

While this car has been completely sorted through, it is still a 91 Mustang with 1991 design.  It does have an Eaton Posi so you can lay twin stripes but I would expect the rear end is slightly louder than stock.  Come look at this car.  You won’t be disappointed. 

No joyrides.  No one will drive this car without money in my hand and a commitment to buy.  Whoever does buy this car will be assured that this new combo has not been ragged on by anyone as it will not be driven.  The car is titled in Texas and has not been registered so it can’t be driven except by the new owner. 

If you don’t have financing or cash already in place, do not bid.  If you have zero feedback I will cancel your bid unless you contact me.  I would encourage any potential buyer to come check the car out as pictures are much smaller than the car itself and it’s always good to see in person.  

This is an old car and an extreme high performance car and as such there is no warranty nor guarantee this car will meet all the emissions criteria your state may have.   This car has the popular modification of removing the nontilt column with ugly airbag steering wheel and replacing it with a tilt version and a race wheel.  It is the buyers responsibility to assume any risk with this removal and understand state laws and implications regarding this.  I have the stock column/airbag and can provide this if desired.

 Shipping is the responsibility of the buyer to arrange and pay for but I will assist the driver in loading.

Auto Services in Texas

WorldPac ★★★★★

Automobile Parts & Supplies, Automobile Parts, Supplies & Accessories-Wholesale & Manufacturers
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Auto Repair & Service, Automobile Body Repairing & Painting, Automobile Parts & Supplies
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Used Car Dealers, Wholesale Used Car Dealers
Address: 641 W Old US Highway 90, Balcones-Heights
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Unlimited PowerSports Inc ★★★★★

Auto Repair & Service, Automobile Storage, Boat Storage
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Auto Repair & Service, Automobile Body Repairing & Painting
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Japan may aid carmakers facing U.S. tariff threat

Wed, Sep 12 2018

TOKYO — Japan is considering giving carmakers fiscal support including tax breaks to offset the impact from trade frictions with the United States and a sales-tax hike planned for next year, government sources told Reuters on Wednesday. Going into a second round of trade talks with the United States on Sept. 21, Japan is hoping to avert steep tariffs on its car exports and fend off U.S. demands for a bilateral free trade agreement that could put it under pressure to open politically sensitive markets, like agriculture. "If the trade talks pile pressure on Japan's car exports, we would need to consider measures to support the auto industry," a ruling party official said on condition of anonymity because of sensitivity of the matter. The auto industry accounts for about 20 percent of Japan's overall output and around 60-70 percent of the country's trade surplus with the United States, making it vulnerable to U.S. action against Japanese exports. Japan's biggest automakers and components suppliers fear they could take a significant hit if Washington follows through on proposals to hike tariffs on autos and auto parts to 25 percent. Policymakers also worry that an increase in the sales tax from 8 percent to 10 percent planned for October 2019, could cause a slump in sales of big-ticket items such as cars and home. Prime Minister Shinzo Abe has twice postponed the tax hike after the last increase from 5 percent in 2014 dealt a blow to private consumption, which accounts for about 60 percent of the economy. To prevent a pullback in demand after the tax hike, the government may consider large fiscal spending later when it draws up its budget for next year, government sources said. "One option may be to greatly reduce or abolish the automobile purchase tax," one of the government sources said. The government is also considering cuts in the automobile tax and automobile weight tax to help car buyers, the source added. Reporting by Izumi Nakagawa and Tetsushi KajimotoRelated Video: Image Credit: Getty Government/Legal Isuzu Mazda Mitsubishi Nissan Subaru Suzuki Toyota Trump Trump tariffs trade