Detail Info for: Volvo : 240 242GT A classic, the car that started the GT series, one owner, all records

Transaction Info
Sold On:
03/03/2013
Price:
$ 1009.00
Condition:
Mileage:
225000
Location:
Boulder, Colorado, 80301
Seller Type:
Private Seller
Vehicle Specification
Year Make Model:
1978 Volvo 240
Submodel Body Type:
242GT
Engine:
B21 4-cyl, fuel injected, 130 CID
Transmission:
VIN:
VC24245L1130950
Vehicle Title:
Clear
Drive Train:
Fuel Type:
Gasoline
Standard Equipment:
Optional Equipment:
Vehicle Detail
Rare opportunity to own a silver 1978 Volvo 242GT - the first year of the GT series. This is a Volvo classic with all the GT essentials: silver, black, and orange racing detail, 14" alloy wheels, four-speed with electric overdrive manual transmission, rigid suspension, high-performance, ventilated disk brakes, Lambda-sond emission control, GT steering wheel, and black corduroy interior. This model is listed on hagerty.com classic cars in the $4500 range (assuming condition #4). Reserve is $1000. I am the original owner. I have all maintenance records -- it has been well maintained. It has all original equipment, no modifications. The odometer stopped working at 133K miles. I am estimating is has 225,000 miles. It has been used as an around-town car in recent years. It passed the Colorado emissions check in mid-2012. The tires are Yokohama 185/70-R14. Two are brand new and the other two have about 5K miles. The radio-CD deck is new as well as the front speakers. A video filmed 2-16-2013 of the car in action can be viewed at:Youtube link: http://youtu.be/GObd4znr6PkWhile this is a classic Volvo, it is also 35 years old and their are several components that could use attention. The driver door has been replaced but not painted. As mentioned, the odometer is not working, and the speedometer is not accurate. The dual muffler exhaust system is in good shape except that a connector pipe between the exhaust manifold and front muffler should be replaced (I have an estimate for $250). There are rust spots, mainly on the lower panels – see photos. The rack and pinion steering has a slight leak, requiring periodic top-up of PS fluid. You can also see that that right front turn signal mounting has been damaged. Terms:Buyer assumes responsibility for pick-up or shipment. Car is sold as is. Potential buyers can arrange for vehicle inspection at their own time and expense.Car is listed locally and auction could be cancelled if there is a local buyer.