Photoshop, obviously. That said, there’s this:
Those 789 Chrysler, Dodge and Jeep dealers that were cut loose by Chrysler as a part of its bankruptcy and restructuring plan have until June 9th (next Tuesday) to part with their remaining inventory.
Because of the dealership contract that they signed, dealers aren’t allowed to sell off the cars once the contract expires. And because Chrysler is in bankruptcy protection, it doesn’t have to buy the cars back either.
Chrysler has said that it will help the 789 dealers move their inventory to the remaining Chrysler dealerships, but it won’t give any guarantees on the amount of money those dealerships will have to pay for the remaining vehicles. And considering the circumstances, the terminated dealers don’t exactly have much faith in their parent company right now.
As a result, dealerships are slashing prices. CNN visited Pohanka Chrysler-Dodge in Leesburg, Virginia, where the dealership has slashed prices on some models by as much as 40 percent. A brand new Dodge Nitro, which lists for $29,170 now has a sticker price of just $17,510.
[thanks to Cardeveloper for the link]
They look so forlorn.
“A brand new Dodge Nitro, which lists for $29,170 now has a sticker price of just $17,510”
Still too much, but getting closer to reality.
At my local Chrysler/Dodge Dealership:
2009 Chrysler 300C
Internet Price:$44,065
WTF? Seriously, can someone help me with that?
No, really, I would appreciate some insight as to why on earth they would think about charging that much for that car, and why anyone would pay it.
For that price, nothing drives like a BMW.
Brilliant!!! This way, once the culled dealers close up shop, the (few) customers actually considering buying a Chrysler product will be EXPECTING to pay 40% off of sticker…Uh-huh.
Good luck getting customers to pay full retail in 2010,11 and 12 Chrysler…Are you boys sure you thought this shit all the way through ?!?!
If the darn PT Cruiser didn’t have the turning radius of an Oil Tanker or didn’t drink gas like a fish it would be tempting at a $10k price.
Photoshop? More like MS Paint done whilst drunk.
A brand new Dodge Nitro, which lists for $29,170 now has a sticker price of just $17,510.
IMO, The 3.7L Nitros are worth scrap value.
However, I have driven a Nitro R/T with the 4.0L V6, I did like the motor/transmission combo and appreciated the wide tires. Still, it was such a truck that it made the Trailblazer look like a Lexus by comparison. The build quality was also more of a vague idea than anything actually existing. Overall, I’d be willing to buy a Nitro R/T 4×2 for around $16,000 OTD.
___
As far as 40% off ChryslerCo metal goes, it obviously isn’t affecting all models. The nearest Challenger R/T to me is going for the low, low price of $1000 over MSRP.
@Nicodemus
I’ve done way better work in MS Paint.
isn’t just the calm before the storm?
expect to see much more savage cuts once the market is flooded with last years chryslers no one wants and NO DEALER wants
List price is meaningless for domestic cars because they are set unrealistically high to factor in all the ridiculous incentives and rebates that will soon be on that car.
So the lady got a not-very-well-built truck-based UGLY car from a bankrupt company with an outdated, rough V6 that drinks as much gas as a 5.7 V8 from Toyota but has half the power for not-so-spectacular price of 17.5k + TTL. Big whoop. Once CAFE sets in and the 32 hwy mpg Equinox and newer cars come out, that Nitro ain’t going to look like such a great deal.
Hopefully, her Nitro will only have minor squeaks and rattles and nothing more serious in the next couple of years.
There’s a story in the LA times about the shoppers at Union Dodge in Garden Grove and how they’re all vultures. The story basically said the deals aren’t that great, and only for people who’d buy a domestic anyways. 4k-5k off on a 25k car seems a more typical discount. I got that much off on my Camry last June. Which is sad, because the high discounts on Camrys, as well as Chryslers, will annihilate resale value in some time.
http://answers.yahoo.com/question/index?qid=20090526202142AABeaUg
Still not seeing the cut-price Viper ACR, color and option load irrelevant, that would make this collapse both real and really useful for me.
Because of the dealership contract that they signed, dealers aren’t allowed to sell off the cars once the contract expires.
Eh ? When the contract expires, the dealers are bound by the terms of the contract ? It seems like Chrysler are unilaterally voiding the contracts, so the dealers should be able to give them the finger and do whatever they want with the vehicles if they’ve already paid for them.
From what I see this is not true.
I have been looking for either a new or used late model Jeep for my summer vacation, and they are not really taking much of sticker.
It’s like they don’t want to make the sales.
The dealers are empty during the week, with salesmen falling asleep on the couches.
No one with an IQ higher then a rock is going to buy the POS cars.
I really don’t get this idea of Chrysler “not having to buy the cars back.” It’s not as if dealers paid cash for the inventory, they financed it. So if a closed dealer stops paying their floor-plan loans (which I assume they will do since they are now out of business), calls Chrysler financial and says “come and get-em, the cars are sitting on my lot with the keys in the ignition” they aren’t going to come and get them?
Regardless, there will be a flood of unsold inventory hitting the wholesale auctions either from the dealers or from the financial institutions that actually own these cars. This will be particularly so for the unsalable cars that no remaining dealer wants to add to their inventory… making the inventory that is sitting on dealer lots even that much more impossible to sell.
If you actually want to buy one of these cars, I say the deals simply have to get even better in the next month.
even at cut price prices i still wouldnt consider a chrysler product. GM yes, Chrysler no.
Dodge Sweden is offering a 6000$ discount on Nitros and Calibers. That means a base Nitro (with a 2.8 diesel engine) is now available for 34.200$. How Dodge is still in business is beyond me.
Stevelovescars is correct, few dealerships paid cash for their inventory, most are financed directly through the mothership. As a collateralizated “loan”, the soon to be out of business dealers can simply stop making payments. What the “new” Chryco does with the collateral on these non-performing loans is then entirely up to them.
Local cancelled dealer sells T&C at $11K off MSRP. I still would rather buy off-lease Sienna, but…
From USAToday.
“Dealers scheduled to close Tuesday have only 1,981 vehicles left to sell, and many of those dealers still have the option of finding another dealer to buy their excess inventory, Chrysler spokeswoman Carrie McElwee says.”
So, as the guy at Ford said the other day, with reference to Chrysler’s sales reports for May … they’re making deals and this inflates Chrysler’s reports of sale success for May.
On the other hand, one still has to wonder, how many Chrysler products are sitting in Nowhereland, somewhere between factory distribution and dealer floorplan.
That’s a big question, and nobody is going to tell you the answer to that.
I figure the dealers nationwide ought to be renting storage lots this summer in Tornado alley and keeping their fingers crossed that “acts of God” helps them out…
walksatnight :
June 4th, 2009 at 9:43 pm
If the darn PT Cruiser didn’t have the turning radius of an Oil Tanker or didn’t drink gas like a fish it would be tempting at a $10k price.
Don’t forget blind spots the size of San Deigo.
It wasn’t that long ago (well, maybe it was) that an “undocumented” illegal driving a beat up old Toyota pickup ran into the back of my new Merc. It was my first encounter with illegal immigration. The Merc was in the shop for two months (insurance did not total it since the cost to repair was less than the “value” of the car), however it was pretty much worthless when I got it back, since no one wants a repaired Mercedes-Benz. How does this relate to our story?
As a loaner I received a rental company PT Cruiser. The rental company had them before the dealers, I think. This car made me a celebrity. Any old schmuck can drive a Mercedes, but I drove one of the few PT Cruisers around, and the first most in my city had actually seen. People would literally stop me in traffic to ask me. Folks would walk all the way across the parking lot to oogle. Now, you can’t give them away. How did Chrysler squander all this good will? Very sad.
The wrong part is that not all vehicles have 40% cut.
Only failed models like the Nitro and the Commander have. Now that the word is out an people knows, no one buys them
Give me a call when the Challenger R/T gets a 40% cut. Because I think it won’t
mpresley:
The PT Cruiser fizzled out because Chrysler let it age and languish too long. IMO, the PT Cruiser should have been put down in 2005.
It can actually be used as a symbol for how far Chrysler has fallen. Drive a 2001 PT Cruiser then drive a 2009. The cheap interior and anesthetics will be abound.