1930 CORD L29 BROUGHAM
Whats Under The Hood?
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Summary
The Cord L29 was one of the most distinctive cars ever produced, thanks to the extra-long hood necessitated by the straight-8 engine and front-wheel-drive system. 3-speed manual transmission mated to a 299ci straight-8 Lycoming engine. Title in transit.
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 hood 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. This beautifully kept example has a 3-speed manual transmission mated to a 299ci 125hp 8-cylinder Lycoming engine. **TITLE IN TRANSIT**
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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.