2001 Toyota Corolla, No Reserve on 2040-cars
Anaheim, California, United States
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PLEASE READ AD IN FULL PRIOR TO BIDDING!
TODO POSTOR NUEVO EN EBAY, O PRIMERA VEZ APOSTANDO, O POSTOR CON "0" INFORMACION, TENDRA QUE COMUNICARSE CON NUESTRA OFICINA Y DAR SU NOMBRE Y TELEFONO ANTES DE APOSTAR. SINO LA CONCECUENCIA SERA QUE LA APUESTA SERA CANCELADA! (714) 991-6044.
Up for auction is a 2001 Toyota Corolla that was recently donated to a national charitable foundation and is being sold with NO RESERVE. The vehicle is equipped with a 4cyl engine and automatic transmission. The odometer shows 183,708 miles. It’s fairly well equipped with most of the options. The seats are tan and in decent condition, although a good detail will make a huge difference. The exterior of the car is gold and is showing signs of wear and is faded. It has a few door dings and scratches. The tires appear to HAVE ROUGHLY 35% road life left. Please refer to the photos included in this auction for more description details. This vehicle RUNS but DOES NOT drive. ***CHECK ENGINE LIGHT IS ON*** ***WINDSHIELD IS CRACKED*** ***ENGINE IS KNOCKING***
This vehicle comes with
a clear California Title and its Registration is valid through
8/14. All taxes, fees, and
penalties due to the DMV, are the responsibility of the buyer. Disclaimer This vehicle was donated! Therefore we do not have ANY information regarding the history or condition of the vehicle other than what we can see. We do not perform any physical or mechanical inspections on the vehicle. No vehicles are test driven so we cannot vouch for any drivability nor condition of the motor or transmission unless it is evident when the vehicle is dropped off. We can only describe what is evident. There may be other problems with the vehicle which are not apparent, visible or known. We are not responsible for inaccurate or incomplete descriptions of the vehicle. We make every effort to photograph details, however, if something is missed or damage is not shown that is not our responsibility. The buyer has every opportunity to inspect the vehicle PRIOR to bidding. If you cannot inspect the vehicle prior to bidding then you are bidding at your own risk. Every vehicle is sold in “as is” and “where is” condition. Once the vehicle is paid for and leaves our lot there are NO REFUNDS and NO RECOURSE. Buyers may schedule an appointment to view any vehicle by calling (714) 991-6044.
· Deposit must be received within 24 hours of the end of the auction. Full payment is required within three (3) days of the end of the auction. · All auctions are subject to a doc fee as follows: o $75.00 for vehicle under $1,000 o $100.00 for vehicles over $1,000 and $50.00 for every $1,000 thereafter · Vehicles not paid for in full within three (3) days of end of auction will be subject to a penalty of $50.00 plus $20.00 PER DAY in storage fees (storage fees are not negotiable and must be paid prior to release of vehicle). · Vehicles not paid for within one week of end of auction will result in buyer’s privileges revoked and vehicle to be relisted on ebay.
We accept cash, credit card (Visa and MC only) and PayPal (up to $1,000.00) only. Cashier’s checks may be used for payment but vehicle will not be released until cashier’s check clears (up to three business days).
All cars are sold in AS IS and WHERE IS condition with all faults
– known and unknown, described or not described. Should there be ANY mechanical issues
discovered after the purchase of the vehicle there will be no recourse offered
by the Seller. The Buyer will be 100%
responsible for any problems discovered after the vehicle leaves the lot. Seller makes NO warranties as to the
condition of any vehicle. Descriptions
and photos contained herein may not be accurate and buyer is 100% responsible
for inspecting the vehicle prior to bidding.
NO REFUNDS will be given on any purchased vehicle under any
circumstances. ALL SALES ARE FINAL! Pick Up Location and Contact Information All winning bidders are responsible for picking up their vehicle(s) at our lot located at 928 E. Vermont Ave, Anaheim, CA 92805. Call our offices at (714) 991-6044 if you have any questions or wish to schedule an appointment to view a car.
· There is NO Buy It Now price so please do not ask. · We reserve the right to end any auction early for any reason. · We do not accept trades nor can you trade your vehicle for another vehicle we have listed on ebay. · We do not sell parts off any vehicle and vehicles will not be parted out. · DO NOT BID if you do not intend to complete the transaction. · CALL US if you have any questions PRIOR to bidding (714) 991-6044. · We reserve the right to block any bidder for any reason. · By placing a bid you acknowledge that you have read and understand and agree to the terms of this listing. · All vehicles are delivered at our location. Buyers are responsible for picking vehicles up or arranging their own transportation. · All sales are FINAL! |
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Auto blog
Toyota plans biggest stock buyback in over a decade
Tue, 01 Apr 2014At the end of December, 2013 Toyota had a cash stockpile of 1.8 trillion yen ($17.5B US). As of March 31, at the end of its current financial year, company coffers are expected to swallow another 1.9 trillion yen ($18.4B US) in net profit - said to be a record sum for the Japanese automaker. In a gesture signaling a turnaround from the horrors of the global recession, Bloomberg reports that Toyota will buy back 60 million shares of its stock, as much as 1.89 percent of the company, for something like 360 billion yen ($3.5B US). It's the first buyback since 2009 and the largest buyback since 2003, when it spent roughly 390 billion yen ($3.8B US) repurchasing shares.
Company president Akio Toyoda founded the Toyota Mobility Foundation (TMF), a non-profit that will support international groups working on transportation issues in emerging markets. Half of the stock that Toyota buys, 30 million shares, will be sold to the foundation via the Japanese Trustee Services Bank for one yen per share, the dividend providing the foundation's initial funding. The other 30 million shares will be canceled, a company spokesman telling Reuters that the company wants to reward shareholders.
Industry analysts have been asking Toyota to either return money to shareholders or invest in new factories, but Toyota has ruled out the latter. After getting burned with excess capacity when the financial crisis came, the company is focused on extracting efficiencies from the plants it already has. Toyota has said it plans to complete the buyback by June of this year.
Kayaba, Sumitomo to pay millions for price-fixing in US
Sat, Sep 19 2015Kayaba Industry Co, which does business in the US as suspension parts maker KYB, and Sumitomo Electric Industries are facing payments in the millions to settle price-fixing cases about the components that they make. As part of the Department of Justice's ongoing crackdown of price fixing in the auto industry, KYB agreed to pay $62 million and pleaded guilty to conspiracy to set the cost of shock absorbers from the mid '90s through 2012. The company allegedly worked with co-conspirators to keep the cost of the parts high, and those components then made it into vehicles from Honda, Kawasaki, Nissan, Subaru, Suzuki, and Toyota. "Any collusive agreement among competitors to restrict price competition undercuts our free enterprise system and violates the law," said Carter M. Stewart, US Attorney of the Southern District of Ohio, in the DoJ's announcement. Over the past few years, the DoJ has brought cases against 37 parts suppliers and 55 executives, leading to over $2.6 billion in fines. The investigations haven't always been so successful – some of the Japanese execs fled from the US to avoid prosecution. Critics allege that price fixing is simply how business is done. According to Automotive News, Sumitomo Electric Industries is also facing a $50 million settlement in a civil lawsuit that's related to price fixing of parts like wiring harnesses and heater control panels. The plaintiffs include owners and dealers that purchased vehicles with these parts. The company asserts that the violations are from before 2010, and it now has different process in place to avoid further violations. KYB Agrees to Plead Guilty and Pay $62 Million Criminal Fine for Fixing Price of Shock Absorbers Kayaba Industry Co. Ltd., dba KYB Corporation (KYB) has agreed to plead guilty and to pay a $62 million criminal fine for its role in a conspiracy to fix the price of shock absorbers installed in cars and motorcycles sold to U.S. consumers. According to charges filed today, KYB conspired from the mid-1990s until 2012 to fix the prices of shock absorbers sold to Fuji Heavy Industries Ltd. (manufacturer of Subaru vehicles), Honda Motor Co. Ltd., Kawasaki Heavy Industries Ltd., Nissan Motor Company Ltd., Suzuki Motor Corporation and Toyota Motor Company, including their subsidiaries in the United States.
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Shortly after the jury in the case, which took place in Oklahoma and centered around a crash that injured 76-year-old Jean Bookout and killed her passenger, Barbara Schwarz, reached a verdict that would see Toyota paying $3 million in compensatory damages, a confidential settlement was reached. The jury, which had found Toyota liable for "reckless disregard" for public safety, had yet to decide what punitive damages Toyota would face.
Toyota said in a statement, "While we strongly disagree with the verdict, we are satisfied that the parties reached a mutually acceptable agreement to settle this case. We will continue to defend our products vigorously at trial in other legal venues."