1940 AMERICAN BANTAM 2-DOOR SEDAN
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Description
Summary
4-cylinder engine with 3-speed transmission. The last owner bought the auto in 1966 and restored it. Runs and drives great.
Details
This car is powered by a 4-cylinder with 3-speed transmission. The last owner bought this car in 1966 and restored it. It runs and drives great. American Austin Car Co. was founded in 1929, in Butler, PA. Their intention was to assemble and sell, in the United Sates, a version of the Austin 7 car, called American Austin. After some initial success, the Great Depression set in, and sales fell off to the point that production was suspended. In 1934, the company filed for bankruptcy. In 1935, the company was reorganized under the name American Bantam. Production resumed in 1937 and continued through 1941. From 1937 until the end of 1941, only 6,000 Bantams were produced. This has a 45.6ci inline-4 engine with 3-speed transmission. They had a top speed of 50 mph, and styling resembled a small Chevrolet.
Financing
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Monthly payment of $549.20 based on a purchase price of $50,000.00 with 15% down and 9.47% APR financing for 120 months. Monthly payment of $926.28 based on a purchase price of $100,000.00 with 20% down and 9.35% APR financing for 144 months. Monthly payment of $1,650.77 based on a purchase price of $200,000.00 with 20% down and 9.29% APR financing for 180 months. Rate with optional AutoPay (ACH Debit) discount. AutoPay discount is only available prior to loan funding. Rates without AutoPay discount are 0.25% higher. Best rates are available for credit scores of 700 and above. TT&L may also be financed. Not all applicants will qualify. Rates and terms are subject to change without notice.