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Vw Volkswagen Rabbit Gti 1984 on 2040-cars
Year:1984
Mileage:86000
Location:
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This 1984 VW GTI was found in a field back in September. We drug it home with the intention of getting it back on the road and saving it from the crusher. It had been parked because of a broken CV joint and was in pretty rough shape when we found it. The body looked solid though, so we figured it would be a worthwhile endeavor. We replaced the half shaft, wheel bearing, and tires. Then we serviced the engine and got it running again. It runs well now and can be driven while the next owner goes through everything. We focused on the main problems that kept it from being drivable and feel like we have achieved our goal so we would like to get into the hands of someone who can complete the job. Don't be deceived, this car still needs a lot of work, but it is fun to buzz around in and we think it will make someone a great project. We have cleaned it up so you can see all the flaws and hopefully make an honest assessment of the car's current condition.
A summary of all the work we have already performed and more photos can be found here: http://barnfinds.com/project-gti-for-sale/ Here are some of the areas we would want to address next: -New quarter vent windows and door gaskets. -New side mirrors. The previous owner installed aftermarket ones, so keep an eye out on eBay for the proper adjustable mirrors. -Start replacing interior pieces. The headliner is shot and the front seats are not correct. -Replace all the vacuum lines as well as the exhaust manifold gasket. -Drive it! The best way to keep an old car going is to use it. Please leave any questions you may have in the comments section here on Barn Finds and we will get back to you right away. Thanks! |
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$1.4B hedge fund suit against Porsche dismissed
Wed, 19 Mar 2014Investors have canvassed courts in Europe and the US to repeatedly sue Porsche over its failed attempt to take over Volkswagen in 2008 (see here, and here and here), and they have repeatedly failed to win any cases. You can add another big loss to the tally, with Bloomberg reporting that the Stuttgart Regional Court has dismissed a 1.4-billion euro ($1.95B US) lawsuit, the decision explained by the court's assertion that the investors would have lost on their short bets even if Porsche hadn't misled them.
Examining the hedge funds' motives for stock purchases and the bets that VW share prices would fall, judge Carola Wittig said that the funds didn't base their decisions on the key bits of "misinformation," and instead were participating simply in "highly speculative and naked short selling," only to get caught out.
With other cases still pending, the continued streak of victories bodes well for Porsche's courtroom fortunes, since judges will expect new information to consider overturning precedent. If there is any new info, it could come from the potential criminal cases still outstanding against former CEO Wendelin Wiedeking and CFO Holger Härter, who were both indicted on charges of market manipulation.
2015 VW Passat Limited Edition priced from $23,995*
Sun, Mar 8 2015Volkswagen is doing some rearranging of its lineup for the Passat sedan, ditching a pair of trims on the entry level, 1.8-liter, turbocharged four-cylinder and replacing them with a new Limited Edition trim level. Gone are the Wolfsburg and SE trims from model year 2014, which rung up at $24,375 and $26,280, respectively. The new Limited Edition will start at $23,995, not including $820 in destination charging. According to VW, the new trim level packages $2,755 of extras over the base Passat S, but only demands an extra $1,555 of cash. Not a bad bargain, particularly as the Limited Edition adds some desirable features. An intelligent key with push-button start, 17-inch alloy wheels, a rear-view camera, heated leatherette seats with power controls on the driver's side and a touchscreen radio with an eight-speaker stereo, along with a few lesser options, like fog lights, chrome window trim and a leather-wrapped steering wheel. Beyond the new list of standard equipment, this is still the same competent German sedan. The 1.8-liter, turbocharged four-cylinder is paired up with a smooth shifting six-speed automatic, as with other trim levels. Check out VW's press release on the new Passat Limited Edition, available below. VOLKSWAGEN RELEASES PRICING ON 2015 PASSAT LIMITED EDITION MODEL Mar 6, 2015 Passat Limited Edition model starts at $23,995 Fuel-efficient 1.8-liter TSI® engine and six-speed automatic transmission standard Value-laden model has a host of standard features, including KESSY® keyless access with push-button start, V-tex leatherette seating surfaces, heatable front seats,17-inch aluminum-alloy wheels, touchscreen radio and rearview camera Herndon, VA – Volkswagen of America, Inc., today, announced pricing on the 2015 Passat Limited Edition model. The Limited Edition model will have a starting MSRP of $23,995 (plus transportation) and supersedes the Wolfsburg and SE models from the current model year. The new Limited Edition model offers a great value: compared with the automatic transmission S model, it has $2,755 of additional equipment, but costs just $1,555 more.
Porsche CEO Oliver Blume will be installed as head of the VW brand
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