As TTAC has been predicting, The Big 2.8’s new car pipeline is becoming choked with product. The Dow Jones Newswire [via easybourse] reports that Chrysler is increasingly desperate to keep their factories humming. They’re now offering their stores a grand to move the metal. “Dealers can turn their $1,000 payment into an incentive that can be passed on to a customer and applied to any vehicle in the auto maker’s product portfolio, according to three dealers briefed on the offer. Some of the select vehicles include the Dodge Charger and Jeep Grand Cherokee.” This is on top of Thursday’s announcement, when Chrysler expanded its employee pricing to nearly all 2008 and 2009 Chrysler, Dodge and Jeep models sitting, unloved, on dealer lots. Oh, and Chrysler’s U.S. employees can give one additional discount to a friend or neighbor. Oh, and Automotive News [sub] reports that the fresh-out-of-the-box new Dodge Ram will arrive at Dodge dealers with $1k on the hood. “We’re committed to remaining competitive with our new truck pricing, and that includes offering modest incentive and lowered MSRP pricing,” Chrysler spokeswoman Eileen Wunderlich told AN. Look for Chrysler to lose that modesty in the near future, as ’07 Rams gather dust, even with 40 percent discounts.
Find Reviews by Make:
Read all comments
this new program is called “stock and promote”. dealers have to order 100% of thier october allocation to receive the $1000 incentive. however if a dealer is up tp his eyeballs in inventory i can’t see many dealers taking advantage of this program. keep up the good work rf and crew
Hmmmm
Even with all of that money on the hood.. of virtually everything they make and or sell…
I still cant imagine buying one.
And to think.. I wanted a 300C, and or a Crossfire. What a mess..
Take the current MSRP, and make the OTD price 50% of MSRP & I’m there with check in hand for almost any truck that can tow (Rated) 3000 pounds or any car that gets at least 25-30 city, and at least 35 highway.
“any car that gets at least 25-30 city, and at least 35 highway.”
Right idea… wrong continent…
Hm, is asking 25-30 city and 35 highway unrealistic?
Considering the Yaris and Fit barely make that– yes.
The deathtrap first-generation neon was only good for 39MPG highway, and it was only 2400 pounds.
this new program is called “stock and promote”. dealers have to order 100% of thier october allocation to receive the $1000 incentive.
Besides losing this incentive, what happens if the dealer doesn’t want/order the monthly allocation? I was told by a Chevy salesman a year or so ago that the allocation would be delivered ordered or not. If not ordered, GM would dump on the dealer whatever they (GM) wanted to dump; usually loaded vehicles or something the dealer didn’t want. I think I read several months ago that the dealers not meeting some kind of quota would be bared from Chrysler’s used sales or some such.
Stock and promote. Ha! Should have been named “Pump and Dump”! The dealers really need Cry-sler to get pissed off, take their toys and go home. Even the new Ram isn’t moving. Bringing more of the same to the lots isn’t helping.
This is one of the many overt ways Chrysler will ‘consolidate’ their dealer network.
Nothing knew here… just another screw for the struggling dealer’s coffin…
In my neck of the woods I’m starting to say many of the Dodge dealers migrate to Hyundai/Kia. If I were interested in that part of the world, I’d head right to that destination. Preferably in a rural metro ex-urb where the demand for cheap wheels is tremendous.
Hyundai and Kia seriously need to get into the compact pickup market.
Steven Lang:
Right idea… wrong continent…
I think the Ram’s Cummins option gets you close to 25/35…
My 2005 Honda Civic gets 30mpg around town and 40mpg on the highway, and that’s with an automatic tranny. It is not unrealistic to expect those kind of numbers.
“My 2005 Honda Civic gets 30mpg around town and 40mpg on the highway, and that’s with an automatic tranny. It is not unrealistic to expect those kind of numbers.”
Now lets see it tow the 3000lbs “Robstar” was asking for.
Actually, my post above said “OR”.
A car that can do 25-30 mpg city, 35 highway (I can almost do this in my current 2000 neon with 164k on the clock)
OR
a truck that can tow 3k pounds
Take current msrp, divide by 2, and make that my out the door price.
Example: Ram 1500.
There was a ram 1500 I went to look at about 2 months ago that was $25,500. They wanted just under $15k out the door for it.
Make it $12.5 & I’d seriously consider it.
Sorry, it doesn’t read that way…
“Take the current MSRP, and make the OTD price 50% of MSRP & I’m there with check in hand for almost any truck that can tow (Rated) 3000 pounds or any car that gets at least 25-30 city, and at least 35 highway.”
If the MSRP is meant for trucks and not cars, it should read…
“I’m there for any car that gets at least 25-30 city and at least 35 highway, or any truck that sells for 50% of MSRP and is rated to tow 3000 pounds.”
Either way, cheap is crap. You can’t take pride in something over the long run if you know it’s an inferior product. A lot of the cars in wholesale heaven at the dealer auctions are usually either POS’s, socially unacceptable for the moment, or have issues that go far beyond the nameplate.
Hmmm
My old Accord from 92 weighted 2850…
And I did about 30mpg.
As for certain cars that I wouldnt buy…
There are dozens of cars I couldnt / wouldnt touch. The various SUVS / BOF / CUV from the major domestic automakers.. I wouldnt dare touch.
I think only the Civic from current model year, a stick Focus mayyybe the Cobalt in XFE / Flintstone trim.. could do above 30mpg.
The Chrysler crap.. even their newest garbage is faar too heavy.
I do feel really really bad for anyone who buys a Chrysler vehicle, the depreciation.. is horrible.
truck/3000 is together before the “OR”
car/25-30 city, 35 highway is after the “OR”
If you read them together you are reading it incorrectly…besides, I don’t think there is anything in the entire USA that is rated 35mpg on the highway that can ALSO tow 3000 pounds. I want 50% off msrp for EITHER.
It is not a reasonable interpretation of my words when nothing in the US market can fit all those requirements.
I’m not… I’m reading it the way you wrote it.
“Take the current MSRP, and make the OTD price 50% of MSRP & I’m there with check in hand”
You state your requirement and your action…
“for almost any truck that can tow (Rated) 3000 pounds”
for vehicle number one
“OR any car that gets at least 25-30 city, and at least 35 highway.”
OR for vehicle number two
Either way, purchase price seldom tells the story when it comes to customer satisfaction. That’s why a site like TTAC exists in the first place.
Robstar
Example: Ram 1500.
There was a ram 1500 I went to look at about 2 months ago that was $25,500. They wanted just under $15k out the door for it.
Make it $12.5 & I’d seriously consider it.
The Chysler Dodge Jeep dealer not far from my house was recently advertising new(not 2009) Ram 1500 Quad cabs or whatever they call the 4 door for $11,700 just a few weeks ago. It was a radio ad, I didn’t go down to investigate I really hate that dealer I get the impression they are crooks. You are welcome to come down to south Georgia and see if you can get the deal, they sure have enough of them, lots and lots of them. I think it’s a bait and switch though.
Here’s my little story:
Went to the dealer in question back in late March or early April and saw a nice Wrangler that caught my eye. A 2006 Wrangler not unlimited with only 1000 miles on it, stripped to the bone with the 4 cylinder, didn’t even have air. So I went into the dealer to find out the price figuring it should be a good deal since new the thing was what $15,000. After the sales guy came back with the number from the sales manager I about sh*t my pants, “sir that one is in great condition it’s $22,500, but we have a nice blue 2002 with 50K miles we can put you in for $16,800.” I just walked out and left.
I saw a 2009 Ram just like the one pictured on Friday, looks really sharp. Still too big for my taste but nice looking. My wife even liked it, but only if we can get it at half price like the others they advertise. Give them time, right before the new year you should have your 50%+ off, before they have to carry it over to the new tax year. If the 2009 Rams are piled up also they should be really discounting them too.
If you care about “depreciation” you really shouldn’t be buying a car.
OTOH, a truck that could tow 3000# and get 35 MPG highway would be pretty cool.
At least Chrysler is trying to sell some cars. I’ve seen a bunch of TV ads recently.
300
2008 Ram
Minivans
They’re doing something like Farago was talking about in the Explorer piece.
Steven Lang>
Enough meta discussion of my English. If you can’t understand my posts, feel free to ask for clarification rather than assume what I mean. This is the last post on the metadiscussion of how I worded my post.
I will break this down for you (last time) as follows
50% off msrp for ((truck that tows 3000+) or (car that gets 25-30 city and 35+ highway))
Again, this is my last post on the meta discussion. It seems you are the only one who has problems with understanding my posts. Feel free to contact me by e-mail for further English discussion if you’d like: ttacme@quadwhore.com
This reminds me of Joe Biden’s speech at the DNC convention.
“If Chrysler dealers can’t sell existing inventory because no one wants their craptastic stuff, and ChryCo. offers more incentives to move the cars that aren’t selling – that’s not change – that’s more of the same”.
They’ll have to drop the price big time to move subpar products. It’s that simple.
I could care less about grammar. But back to the topic at hand…
Most consumers look at their vehicles as ‘showhorses’ instead of ‘workhorses’. A Dodge may indeed be put into that 1/2 MSRP someday. But MSRP is little more than a ‘Suggested’ price. As in aspirational, wishful, and unrealistic.
I would no sooner judge a car by it’s MSRP price than an audio system based on it’s wattage. It may be a bear market, but you still get what you pay for in the end.
Mr Lang>
I believe you incorrect. I have beaten the crap out of a $1000 9 year old neon with electronic nothing (no power windows, nothing)…..and it just keeps going and going.
Best $1k I ever spent on a vehicle.
I am not solely judging a car by it’s MSRP but rather comparing it to other cars of similar msrp.
If the MSRP of an econobox chrysler is the same as a honda, with similar specs, I’m always going to go honda due to depreciation alone. Chrysler needs to cover this with a discount in order to be entering into competition.
Also, it’s “I couldn’t care less…”, which is of course untrue as you brought it up in the first place very early in this topic.
What was the question?
Used Wranglers don’t seem to fit the basic depreciation mold. I too, have been shocked at the sticker price of some 2004-2006 Wranglers. Heck, with employee discounts and all, I could just about buy a new one, though I’m not crazy about the “improvements” to the newest gen. They seem a bit too “tonka toy” for me. Oh, well…as for the rest of the Chrysler line-up, not even a 50% cut in MSRP would get me in one.