Limousine Chevy Suburban 2007 - Upgraded To Cadillac Escalade on 2040-cars
Winnetka, California, United States
Body Type:Limousine
Vehicle Title:Clear
Engine:5.3L V8
Fuel Type:Gasoline
For Sale By:Private Seller
Make: Chevrolet
Model: Suburban
Trim: Limo 26pas
Options: DVD Player, 5 TV, LID-Lights, Laser Lights, 5 Bars, Sunroof, Cassette Player, Leather Seats, CD Player
Safety Features: Anti-Lock Brakes, Driver Airbag
Drive Type: 2W
Power Options: Privacy Window, Air Conditioning, Cruise Control, Power Locks, Power Windows
Mileage: 21,000
Sub Model: LTZ
Exterior Color: White
Disability Equipped: No
Interior Color: Black & Silver
Number of Doors: 4
Number of Cylinders: V8
Warranty: None
Excellent condition, Runs Great, 26 Pas. Double Axel in the back. Serious Buyers only, Please contact Vic at (818) 521-5577.
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Auto blog
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Thu, 12 Jun 2014Kenneth Feinberg, the man in charge of the General Motors compensation fund dealing with the its widespread ignition switch woes, has issued an informal, two-letter response to the plaintiffs in more than 70 lawsuits seeking redress for lost resale value of their Cobalts: "No." The cases were recently combined into one, but Feinberg told The Detroit News that the fund will deal "only with death and physical injury claims," and that "perceived diminished value" will get no consideration.
ALG, the firm specializing in establishing residual values, determined that Cobalt owners had lost $300 compared to the segment competition and doesn't envision any long-term effects from the recall situation. Feinberg's statement comes in advance of public details on how the compensation fund will work and adheres to GM's long-held position on the matter. The company has already asked a judge to throw out such suits using the pre-bankruptcy defense, even as it stopped using that defense in cases of injury and death.
With plenty of potential gain from the GM suit, however, don't expect the plaintiffs to give up yet. When Toyota was sued for the same reason during the unintended acceleration debacle, it eventually settled the case for between $1 billion and $1.4 billion just to get it over with. Since the 85 law firms involved in the Toyota litigation took home more than $250 million of that total, we shouldn't expect the attorneys to give up on a GM payout, either.
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