1940 OLDSMOBILE F-40 SERIES 60 CONVERTIBLE
Whats Under The Hood?
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Description
Summary
Rare hydra-matic transmission, power top and frame-off restoration.
Details
The vehicle featured here had a frame-off restoration in 2000 and features the all new for 1940 fully hydra-matic transmission, a rare and pricey option at the time ($100) on a car that had a base price of $1,045.00. This car has a heater and defroster, power vacuum top, a working AM radio, leather interior and a spot light. A very well done restoration on this rare convertible. The car drives very nice and has been fully serviced. It has only been used for some local shows and parades. This car
is ready to flex its muscles anytime and be driven on a local cruise or to any show. The safety automatic transmission was semi-automatic in that it still used a clutch to get the car going and then shifted automatically. The hydra-matic transmission, a fully clutchless automatic transmission, debuted in 1940.
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.