Filed under: Car Buying, Minivans/MPVs, Trucks/Pickups, Marketing/Advertising, Chrysler, LLC., Earnings/Financials
Chrysler puts more money on the hood
Chrysler is already offering five-year, interest-free loans on some of its cars. As of today, it is also offering six-year, interest-free loans and cash incentives. Cerberus, faced with Chrysler's first decline in sales since it took the controls, is not inclined to waste time trying to raise its share. It could also be an effort to make space for '08 model year vehicles. Nevertheless, Chrysler's drop -- 6.1-percent in August, but only 2.7-percent over the first eight months of the year -- is the smallest of the Big Three.
Buyers can take advantage of the six-year loan, or the cash (but not both, sorry), on the Grand Caravan, Town & Country LWB, Dakota, Durango, and Aspen. The new incentives are good through October 1.
[Source: Detroit News]
Reader Comments (Page 1 of 1)
Tool 6:38PM (9/06/2007)
They should hire a top-notch Toyota Exec to fix Chrysler's sales and marketing operation and to strengthen and energize the dealer body!
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SherbornSean 6:43PM (9/06/2007)
I assume the Sebring doesn't need incentives to sell?
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Tsunami Racer 7:16PM (9/06/2007)
no, they've got thrifty and dollar for that!!
tikirob 6:59PM (9/06/2007)
Well they still have to sell what they have, change takes time.
Rob
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FLR 7:08PM (9/06/2007)
Other than the Viper, I can't think of a single car I'd like from them. Darn!
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http:www.theobjectreport.com 7:24PM (9/06/2007)
The incentive for buying should be the quality of the vehicle and not the point on an interest rate....
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MikeW 7:28PM (9/06/2007)
They should put more money under the hood.
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John Cressy 9:03PM (9/06/2007)
My local dealer has had a Chrysler franchise for almost 50 years. He's a five star dealer. His lot is empty! ten mini-vans, three calibers, and a mix of Nitros, pt cruisers, and a half dozen avengers and sebrings. He also has about ten pickups, all four-wheel drive, crew cabs. This guy always has 100 mini-vans and about another 350 vehicles to select from. That's about 50 cars in a lot that usually has between 350-400 cars. He does this all the time in the fall so he isn't stuck with left overs. That's one reason sales are down, no selection and all the good deals are over. Also no new 2008's on the lot. They've been in production for two months. Where are they?
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3cubed minus 3squared plus1 12:35AM (9/07/2007)
If this was offered on the Charger, I would consider it.
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Daniel Cowan 2:13PM (9/07/2007)
I wonder when Chrysler will start using this logo they show here again? I have heard that they would.
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