The next two week should be a very interesting time for the landscape of new car sales. The Recently announced list of Chrysler Corporation dealer closings is already in motion with the bulk of closing occurring here in the next two weeks.
An article by CBS and other sources report dealers discounting cars by up 40% off sticker as a result of the forced inventory liquidation.
From the quick research I’ve done it looks like discounts range anywhere from nothing (Challenger) to 20-40% (Grand Caravan, Durango, Ram, Nitro, Caliber, and other models). Time will tell if these deep discounts and Chrysler bankruptcy ultimate affect vehicle values down the road but as they say sometimes a deal “is just too good to pass up”.
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