Ernie
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Posts posted by Ernie
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Welcome and good luck!
I doubt if Kelly made 300 cars in 1987. Owners of Avanti were know to "skip" serial numbers, and especially Kelly.
Keep us updated.
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"... Despite the fact that Roush Performance enjoyed a record year in 2007 — building more than 2,000 custom vehicles for 475 authorized Ford dealers — sales of its customized F-150 are "very slow for us right now," said Clark. Last year, Roush sold just 100 of its "Nitemare" trucks, a customized 445-horsepower F-150 Flareside priced at around $45,000. "When gas hit $3 a gallon, truck sales really stopped," he said. "The performance truck market has slowed."
In another development, Roush for the first time is delving deeply into its customer base to come up with marketing demographics. The typical customer is a male between the ages of 38 and 52 with an average income between $80,000 and $120,000. The average customer's Roush vehicle is "sort of a toy," Clark says, "not a daily driver." The few women who buy Roush products are "very popular amongst the men who don't own one," he says.
If Roush can sell 2,000 customized Mustangs, there is no doubt Avanti could sell several hundred Avantis.
Roush Mustangs are not cheap. You can check the prices at:
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From the January 2008 issue of Car and Driver, page 91: "The Avanti to be assembled in Cancun, Mexico, despite, company reps insist, then chairman Michael Kelly's arrest by the FBI a year ago for running a $400 million real estate Ponzi scheme."
George Wendell RQB 1600
Let's hope so! And all profits go for restitution!!
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3speeder and NM dude,
Do the Studebaker Avanti's have an overdrive with the 3-speed?
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Hello All,
This is my first post and I'm truly an eager newby to the Studebaker world being a new owner of a rough but restorable R1 for a little over a week. I'll keep this brief...the barn-fresh Avanti that I just bought originally came with a 3 speed and after buying the build sheet from the museum Andy noticed that the total production of 3 speed Avantis was around 30 cars. Is there an Avanti registry that would show how many 3 speed cars have survived?
Curious.....
I've owned Avanti's since 1976, and I never heard of a 3-speed manual transmission.
Live and learn ...
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For Real
Your Car in The Fast and the Furious 4!!
By Jen
Editor
Your car in a blockbuster film? Does this sound too good to be true? Well here's the straight dope: Mac from Rich King Casting, the official casting agency for the cars of The Fast and the Furious 4, got in touch last night and said he's interested in putting CarDomain members' rides in the upcoming film! If you live in the LA area and you've got a sweet ride, get ahold of these guys right now for a chance to run your car in one of those amazing street-party, drag-race, or drifting scenes. You'd be surprised by the cars they're looking for, too: while I'm sure they want a whole heap of tuners, their official casting call has requested American muscle, hot rods, and restored classics as well. We'd be so stoked to see one of you guys get your car into the film—so check out RKC's new ride page, and the CarDomain Group they've set up to keep in touch with recruits. Don't delay, filming starts next month, and next month is coming up fast!
http://blog.cardomain.com/blog/2008/01/4-r...cmp_id=EMC-News
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Since all your eyes are failing, I don't think you guys should drive your Avantis anymore. Please have them shipped to my house and I'll drive them for you.
Anyone can tell from the picture that the drivers headlight is square and the passenger headlight is triangular!
Let me know when to expect your Avanti's!
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hi im a new guy to the forum and cant seem to be able to post a message.....i go to my controls write out the message but cant seem to post it....can you help me...thanks dave waters.
Congrats!
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I asked a friend of mine, a Chevy nut, your question. He races a Corvette on road courses and also has a very fast Vega with a small block! Here is his reply:
Ernie,
I'm not so sure I would completely agree with that solution. The LT1 is an excellent engine - it's the same as in my Corvette - but it has its quirks. I think installing a Tuned Port Injection system - on the engine he has now - would be a better system to use, if he wanted to piece one together or get a used setup.
The advantage is, first of all, he wouldn't have to buy a complete engine, and second of all, he probably would be able to use his current accessories and brackets. The LT1 uses a different setup. Plus, if the car is just a cruiser, the TPI offers excellent low-rpm torque.
One drawback, however, may be the height of the manifold plenum. I don't know how much hood clearance there is in an Avanti.
I did just find a source for a complete TPI system on Corvette Forum, if he is interested. Log onto:
http://www.firstfuelinjection.com/
Other choices would be the Edelbrock system:
http://store.summitracing.com/partdetail.a...mp;autoview=sku
or a Holley Pro-Jection system, if he's handy:
http://store.summitracing.com/partdetail.a...mp;autoview=sku
Chuck
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As an owner of a Caffaro #488, I can say, "YAH, RIGHT!" to that ad.
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Actually, we had a problem on the forum this morning, and I talked to the software supplier, Invision Power, who made a change which brought the forum back online (it had been showing an error page when you tried to visit the forum) and the change they made seems to have GREATLY sped up the page response time.
I need to talk to them again this evening and/or Monday morning, but it seems much better for response time on all pages.
Lew
Thanx, Lew. The site is greatly improved. Sorry it took my complaining ... but glad I did!!
Ernie
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Is there anyway to speed up our Avanti Forum?
I am using Windows XP with all the latest updates on a DSL line. It takes 15 to 30 seconds to change screens!
I am a member of two other auto forums and the navigation between screens is immediate.
Attached is a Poll on this matter. Am I the only one with this problem?
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Is the factory in Cancun still open? What about the office in Georgia?
The Georgia Office is abandon. Last I heard, the Cancun factory is boarded up.
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Jim,
Let us know your results, as all of my 1989 Avanti's bulbs are a different color of red also. (You might want to post this in the 1987-1991 site also.)
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Thank you for your kind words about my car. I do in fact remember you and the other Avanti that stopped by! It was great to see a couple of fellow Avanti Lovers. I hope to see you two again next year! By the way we can still see the tire marks you left on the road (LOL) !
Bill
Shhh, don't tell anyone. 1989 Avanti's are suppose to be s-l-o-w!
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Yes I do live on old route 66 in Illinois
(I have the maroon 1989 that has stopped by your place.)
If anyone is interested in an extremely FINE Studebaker Avanti R2 - then this one is for you. This is a driver that can win First Place in any Studebaker/Avanti judging.
I have seen this vehicle and it is complete stock (except for one improvement). This turquoise is truly a "one-of-a-kind" that is owned by a "car family."
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I have a 63 r-2 Turquoise Avanti Automatic that my father ordered new. It is not a Trailer Queen and far from a pile of junk! It has 44,000 miles on it and has always been garaged kept. I am in Illinois about a 135 miles south of Chicago. I have all paper work for it and can document its one owner status. I have photos of car and documents. If you are interested I will talk with you.
Do you live on old Route 66?
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Another recap on Michael Eugene Kelly including a picture:
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'Prime targets' try to get money returned
SEC SUIT | Chicagoans among those alleging scam
September 6, 2007
BY MARY WISNIEWSKI mwisniewski@suntimes.com
Joyce Wood said that when she thinks back on how she lost $200,000 to an investment fraud scheme, "I want to kick myself down the block."
"I admit to being dumb, which most people don't," said Wood, 77, of La Grange Park. "We were prime targets."
Wood and her husband, Charles, 79, are among the thousands of seniors and other investors around the country who lost more than $300 million to an investment ponzi scheme allegedly run by Michael E. Kelly, a former Indiana resident and a hotel owner in Mexico.
At least three other alleged Kelly victims are from the Chicago area.
The Securities and Exchange Commission filed suit in Chicago federal court Wednesday against 26 defendants, including Kelly, his two sons, several brokers and related companies. Kelly, 57, a hotel owner in Mexico, is already in prison on a related criminal complaint after his arrest in December.
The SEC charges that Kelly and those working with him duped investors into using their retirement savings to buy "Universal Leases" on Mexican properties between 1999 and 2005. The defendants allegedly raised at least $428 million through the scheme, with more than $136 million coming from IRAs.
The investments were structured as time shares in several hotels in Cancun, Mexico, together with a pre-arranged rental agreement that promised investors a high, fixed rate of return. For most of the scheme, payments to investors came from money raised by new investors, and the leasing agent was a Panamanian travel agency controlled by Kelly, the suit said.
Investor funds were used to pay commissions as high as 27 percent to selling brokers, the suit said.
Attorneys for Kelly did not return phone calls for comment.
One of the brokers for Kelly, Mark Ruttenberg, 60, of Downstate Bloomington, along with Ruttenberg's company, were paid $6.4 million in commissions in the alleged scheme, the suit said.
"If there was a fraud, Mark Ruttenberg was not a part of it," said James Kopecky, Ruttenberg's Chicago attorney.
Wood said she was hooked into the scheme through someone who claimed to be their insurance agent but actually worked for Kelly. The Woods signed over the proceeds of an IRA and a reverse mortgage on their paid-for home.
They had hoped the investment, which was supposed to pay $1,165 a month, would supplement their overstretched Social Security income. They didn't know it involved time shares in Cancun.
"If it sounds too good to be true, damned if it isn't," Wood said. "If I have to go to my grave fighting for this money, I will."
The SEC suit demands that the defendants return the fraud proceeds to investors.
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Avanti Motor Corp, Michael E. Kelly, Michael P. Kelly, and Donald L. Kelly also named in SEC charges:
http://www.bizop.ca/blog2/ponzi-schemes/mi...500_millio.html
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SEC Files Suits in Alleged Timeshare Scheme to Swindle Retirees
By David Scheer
Bloomberg News
Thursday, September 6, 2007; Page D03
The Securities and Exchange Commission, cracking down on scams targeting retirees, sued 26 people and companies for their roles in a $428 million fraud involving Mexican timeshare rentals, the agency said.
The ring duped thousands of people by promising stable income from timeshares in Cancun, the SEC said in the suit filed at federal court in Chicago yesterday. Operators instead used money from new clients to make purported rental payments to earlier investors, leaving victims with more than $310 million in losses when the system collapsed, the SEC said.
The suit "shows that the SEC will vigilantly pursue those who target older Americans, no matter what the obstacles," said Merri Jo Gillette, the SEC's regional director in Chicago. The agency "plans to aggressively seek recovery from the defendants to offset the huge losses they inflicted."
U.S. regulators are stepping up efforts to protect retirees as their share of U.S. wealth makes them "prime targets for scam artists and securities swindlers," the SEC's chairman, Christopher Cox, told a Senate committee yesterday. The effort has generated more than 40 enforcement actions in the past two years, he said.
The SEC's suit focuses on Michael E. Kelly, a former resident of Indiana, who was arrested in December and charged by federal prosecutors with engaging in a scheme to defraud. Kelly orchestrated the scam from 1999 until 2005 with help from a national sales network, the SEC said.
Operators sold investors timeshares in several hotels, which were supposed to be leased through an agent, generating fixed returns, the SEC said. When investors wanted out, the leasing agent would buy back their timeshares for the full amount.
The leasing agent, purported to be a large, independent company, was actually a small Panamanian travel agency controlled by Kelly, the SEC said. Brokers pushing the investments received $72 million in commissions, the agency said.
Kelly has pleaded not guilty in the criminal case, and a jury has not returned an indictment, said Jeffrey Steinback, his attorney in that matter.
"Mr. Kelly is very aware that there are a number of people who have voiced concerns about the losses they feel they have suffered," Steinback said. "Mr. Kelly has directed his attorneys to address the issue of restitution, and we are doing that in the context of the criminal matter."
A lawyer for Kelly in the SEC's case didn't immediately return a phone call seeking comment.
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I told one guy that the Avanti was the car they used on the moonwalk.
Ha Ha
Paul
PS: That's if we ever really went there in the first place....www.orwelltoday.com/moonhoaxdoc.shtml
I love it. The Avanti is an Italian vehicle, made in Canada, that the USA used when they walked/drive on the moon! -
Sounds much better on the outside than the inside.
Tom
Very NICE! Nothing like a Stude V8 sound! -
The Avanti Motors website is longer available.
www.avantimotors.com
But, the Morrow, GA website is still running!
www.avantiatlanta.com
Newbie here
in 1984-91 Avanti
Posted
Here is four pix of my 1989 Avanti. The 1989 was built on the Chevy Caprice chassis as the El Cameo/Camero frame was no longer available.
http://www.cardomain.com/my/edit_page?page_id=2809906