1969 Camaro on 2040-cars
Gainesville, Georgia, United States
Body Type:Coupe
Engine:307
Vehicle Title:Clear
Fuel Type:Gasoline
For Sale By:Private Seller
Number of Cylinders: 8
Model: Camaro
Trim: RED
Drive Type: RR
Mileage: 95,000
Exterior Color: Red
Sub Model: CAMARO
Interior Color: Red
1969 CAMARO SURVIVOR BOUGHT BY LAST OWNER IN 1971 AT NALLY CHEV IN ATLANTA.THEY OWNED IT 42 YEARS.BASE CAMARO RED WITH RED INTERIOR.307 ENGINE 3 SPEED MANUEL TRANS IN FLOOR WITH CONSOLE.RUNS AN DRIVES GOOD. HAS 95000 ORIG MILES. NOT RUSTY BUT MINOR BUBBLES ON BOTTOM QUARTERS.FLOORPANS ARE GOOD TRUNK IS GOOD.HAS NEW CARPET AN DOORPANELS.BFG TIRES.PAINT IS OLD AN IS CRACKING AROUND IN PLACES AS PER PICTURES.WOULD MAKE GOOD YENKO COPO.WITH GREAT COLORS.CAR IS 44 YEARS OLD SOLD AS IS WHERE IS.THANKS 770 535 7311
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Auto Services in Georgia
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Auto blog
Driving the 2021 Chevy Tahoe and big news from Hyundai | Autoblog Podcast #640
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GM won't pay owners of recalled cars for lost value
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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