• Jun 4th 2009 at 5:45AM
  • 30
The soon to be terminated 789 Chrysler dealerships have all of five days to sell thousands of Chrysler, Dodge, and Jeep models, or else the damned dealers may have to eat their remaining inventory. When the termination letters went out on May 14, the pink-slipped dealers had 44,000 new cars and trucks on their lots, and there are still plenty of vehicles left to sell. Times are tough for the 789 closing Chrysler dealerships, but for customers looking to get into a new Chrysler, Dodge, or Jeep, this may be the best time ever to get off the sidelines and buy.

Virginia dealer Pohanka Chrysler-Dodge is having an "everything must go" sale to rid itself of its remaining models, and the deals are reportedly off the charts. The dealer's sales team already moved 80 models since the notices went out, leaving a substantial 40 vehicles to be sold off in less than five days. One woman, who was interviewed by CNN, received 40% off of the price of a well-appointed Dodge Nitro. The midsized SUV carried a $29,170 price tag, but she paid only $17,510. With only five days left to sell its remaining vehicles, dealer Ray O'Bryhim says he may have to discount vehicles even further to avoid losing big with unused inventory.

Since Chrysler is in bankruptcy proceedings, it isn't obligated to buy back any leftover inventory, and the dealers aren't legally able to sell new Chrysler products without a franchise license, which they'll lose after their contracts expire in five days. Chrysler points out that since it hasn't produced vehicles since May 1, many dealers are hungry for inventory, and they've been buying vehicles from the soon to be closing retail stores.

[Source: CNN]

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    • 1 Second Ago
      • 6 Years Ago
      i dont get ti. why do cars built over seas have a great mpgs and our cars cost to much and dont get the mpgs . WHY??? they are dumb or they lie to us and take $$$ to keep us down and broke.For some reason they sell us junk and want us to buy asian cars,are they better.High horsepower cars are not needed even if you want one and for what reason SHOW. thats all or sound .MOve on 60s we are over that OK>I loved my hot rods but they are gone except for the rich which has taken it away from us. The sixty racer is gone for good so change your mind to tech work and come up with something and keep the dea from finding out or they will raid you and steal it from you. Sorry DEA but you need to be dissolved and from gotten. we done need to go back to the bark years even thougth the blind leaders(so called) done want us to move forward down with tyranny.Let us run our country our way not yours.
      • 6 Years Ago
      I wish they had deals like this when I bought my 300 a couple years ago...
        • 6 Years Ago
        Honestly I'd rather have a healthy Chrysler that could service and support my vehicle where I know my warranty wouldn't have problems... than even heavy discounts
      • 6 Years Ago
      oh yea, big deals...lol
      i have been to a dozen dealers , looking at
      new pick up trucks.... big deal , new incentive
      price of 30 thoiusand dollar truck... 15 hundred
      oh yea, what a savings....

      so far i have not been able to find a so called
      deal except on line or on the news....

      its all crapole...... their are no deals ..
      • 6 Years Ago
      strange how certain chysler dealer's were given just 26 day's to eliminate there inventory...and g.m dealer's who close will have over a year.. odd...Of course all chyrsler dealer's who are being closed did not support obama in last year's election...so say no more..the czar's have spoken!! Feel's likes russia...
      • 6 Years Ago
      You could not give me one of their cars. Who is going to stand behind it?
      charmaine a nygaard
      • 6 Years Ago
      I live in Suffolk County and would like to buy a discounted Saturn SUV.
      Can you tell me a good price and where to buy it.
      Thanks CAN
      Ken Garcia
      • 6 Years Ago
      Its June of 2009. It was real clear that in October 2008 we were headed to this day. My recommendation to the situation then was not rocket science. GM needed cash. They should have lowered credit thresholds thru GMAC. Irregardless of credit. They should have low balled the cars then. The government shouldnt have given em a dime until they nearly depleted their inventories. They should have done so with limiting the warranty based on credit and or price or a combination thereof. Instead. We are there anyway, they are going Chap 11, they are laying off thousands and the worst part about it is all the white collar over paid folks who continue to get paid way too much and we the the public are paying their salaries with the bailout and the folks who are holding the bag are the suppliers and their staffs. Did the bailout help them?
      • 6 Years Ago
      Sounds great from buyers point of view as they get the chance to buy at un-realistic prices. But on the other hand its very sad that these many dealerships and the people relying on them are out of jobs.

      Hope things get settled for all those dealerships and the people working in them.
      • 6 Years Ago
      This is my hometown dealer, and I stopped by yesterday. They had a white Challenger R/T stickering for 30K and the salesman said he would let it go for 28,500. He said that the Challenger is pretty much the only vehicle that isn't being firesaled, the vans and trucks were going from 20-40 percent off. I'm going to keep my eye on the Challenger this weekend and if it has not moved by Sunday, I'm going to see if they'll sweeten their offer a bit.
        • 6 Years Ago
        offer him 18,00 for that auto. They will take it.
        • 6 Years Ago
        i guess 60% off of a new viper is out of the question
      • 6 Years Ago
      If people can't buy new cars at these prices who is going to buy the new models when they come out of the bankrupt manufacturing plants????? Looks to me like GM and Chrysler are trying to follow Walmart's lead in thriving on ignorance.
      • 6 Years Ago
      On Memorial Day, mostly out of curiosity, I visited a Dodge dealer that's being shut down. Drove and priced a new 2008 Caliber SE (very basic one- had virtually no options- 1.8, stick shift, etc). List price on it was about $17,500; out the door that day was $12,675. They've dropped the price since. Sure wish I could afford a payment right now. I liked the thing, nasty interior notwithstanding- but compared to a '99 Metro, most anything feels like a Cadillac or Lincoln. ;) There ARE deals out there.
      • 6 Years Ago
      I have been trying to find a 2009 Escalade,ESV, Platinum, in a specific color, no financing needed. The only discounts I have seen off of list are your GM card and some piddley's for owning a GM car. At this point I have decided to wait either to see what happens to GM or buy a low mileage used one. These prices are higher than the beginning of a new model year. Either things are still a mess, or I have been talking to the wrong half dozen dealers.

      Any Ideas out there ?
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