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post #1 of 9 (permalink) Old 06-04-2009, 11:28 AM Thread Starter
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Terminated Chrysler Dealers Must Sell Inventory by June 9th


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.

Owner Ray O'Bryhim even says prices may get lower as the June 9th deadline approaches.

When Chrysler's 789 dealers received noticication that their contracts would not be renewed, they had an inventory of roughly 44,000 cars.

More: Terminated Chrysler Dealers Must Sell Inventory by June 9th on AutoGuide.com
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post #2 of 9 (permalink) Old 06-04-2009, 12:04 PM
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Chrysler has said that it will help the 789 dealers move their inventory to the remaining Chrysler dealerships
Big companies like to say this and then slam you with interest and fees once the stuff is past the due date. And if you actually ask them to move the stuff then it is "ummmm well...........Sorry" and the dealership is even more screwed than it was before (if that is possible).

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post #3 of 9 (permalink) Old 06-04-2009, 03:44 PM
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Wish I was in need of a new car.

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post #4 of 9 (permalink) Old 06-04-2009, 04:13 PM
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It's those dealerships that have cause us to loose at least six deals in the last couple of weeks.

That and the fact that production won't start back up until the end of the month has left us with about 9 Commanders, all 3.7's, about 12 Cherokees, 8 Libertys, and 9 Wranglers; three of which are silver right hand drives.

That being said, our dealership should get quite a bit of inventory from all the closed dealerships. Of the dealers staying open we are number 5 in the country.

I think we sold 83 last month alone.

Between CDJ, Ford and pre-owned we sold 282 units last month.


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post #5 of 9 (permalink) Old 06-04-2009, 06:36 PM
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What do you mean silver right hand drives?

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post #6 of 9 (permalink) Old 06-04-2009, 06:37 PM
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Good time to pick up a Jeep from those dealers.



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post #7 of 9 (permalink) Old 06-04-2009, 06:45 PM
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Quote:
Originally Posted by Fohn_Jargo View Post
It's those dealerships that have cause us to loose at least six deals in the last couple of weeks.

That and the fact that production won't start back up until the end of the month has left us with about 9 Commanders, all 3.7's, about 12 Cherokees, 8 Libertys, and 9 Wranglers; three of which are silver right hand drives.

That being said, our dealership should get quite a bit of inventory from all the closed dealerships. Of the dealers staying open we are number 5 in the country.

I think we sold 83 last month alone.

Between CDJ, Ford and pre-owned we sold 282 units last month.
When did they restart production on the Cherokee?

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post #8 of 9 (permalink) Old 06-04-2009, 07:34 PM
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Dem Dar Wrong hand drivers are for the postal delivery gang who get paid to use their privately owned vehicle to deliver the mail.

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post #9 of 9 (permalink) Old 06-04-2009, 07:47 PM
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When did they restart production on the Cherokee?
Sorry. That was my shorthand for Grand Cherokee. I beg your pardon.


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