1930 CORD L29 4-DOOR BROUGHAM
Whats Under The Hood?
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Description
Summary
Rare with a pristine restoration. Yellow and brown exterior with contrasting tan interior. 3-speed manual transmission to a 299/125hp 8-cylinder Lycoming engine. 100% of hammer price to benefit Loma Linda University Children's Hospital.
Details
When the Great Depression claimed E. L. Cord's industrial empire, the Auburn, Cord and Duesenberg models went with it. The Cord L29 was perhaps one of the most distinctive cars ever produced, thanks to the extra-long bonnet necessitated by the Straight-8 engine and front-wheel-drive system. Though cloaked in various bodies, the long low lines of the L29 are unmistakable. Introduced in the summer of 1929, the Cord L29 was a very high-tech vehicle for its day. Its front-wheel drivetrain was
inspired by the Miller-powered 1927 Indianapolis 500 car built by Cornelius Van Ranst and Tommy Milton, and was the first American front-wheel drive production car. Only 5,010 L29s were produced, and each sold for a little over $3,000. Today, only a handful of the L29 sedans exist. This beautifully kept example has a 3-speed manual transmission mated to a 299/125hp 8-cylinder Lycoming engine. The purchase of this very collectible Cord L29 will help to transform the lives of ill and injured children and their families. 100% of the hammer price to benefit children at Loma Linda University Children's Hospital in California. Included with the outstanding car is a private VIP tour of Children's Hospital and lunch with the world-renowned pediatric cardio-thoracic surgeon, Leonard Bailey, MD. Each year more than 125,000 of the most ill and injured children depend on Loma Linda University Children's Hospital for the advanced level of care offered. With over 80% of their pediatric patients under or uninsured, they commit to providing life-saving medical treatment regardless of the ability to pay for services. **100% OF HAMMER PRICE TO BENEFIT LOMA LINDA UNIVERSITY CHILDREN'S HOSPITAL ** **WILL BE SOLD AT APPROXIMATELY 6:00 P.M. SATURDAY, JANUARY 21, 2017**
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.