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06-05-2009, 10:35 AM | #1 |
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What are Jeep/Chrysler dealers going to do with their cars after June 9th?
So with all the Dodge/Chrysler/Jeep dealers closing, they have to get rid of their new inventory by June 9th. Apparently it is illegal for them to sell the vehicles after June 9th because the law says they can only sell cars for which they own the franchise. Since Chrysler is discontinuing their franchise, that means they are stuck with their inventory. Most other dealers are fully stocked and won't take the cars, and sales are slow ... so they are stuck with all these cars.
So my question - does that mean I go in an offer $10k on a $28k MSRP Jeep Wrangler Unlimited? Or are they are going to sell the cars to wholesalers or something?
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06-05-2009, 10:36 AM | #2 |
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I think they are just gonna leave em on the lot with the keys in them. First come.
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06-05-2009, 10:36 AM | #3 | |
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Quote:
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06-05-2009, 10:36 AM | #4 |
Scooby Guru
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maybe they get crushed?
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06-05-2009, 10:40 AM | #5 |
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I wish they'd just liquidate the inventory. Some money is better than no money, no?
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06-05-2009, 10:42 AM | #6 |
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Is there a list of dealerships that are going bye-bye?
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06-05-2009, 10:45 AM | #7 |
Scooby Specialist
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06-05-2009, 10:45 AM | #8 |
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Pohanka is apparently making some deals. I don't know how low they are willing to go though.
http://www.autoblog.com/2009/06/04/d...ire-inventory/ |
06-05-2009, 10:51 AM | #9 |
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06-05-2009, 10:53 AM | #10 |
Don't Thread on Me
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They'll auction them off to liquidate as much as they can?
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06-05-2009, 10:53 AM | #11 |
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Good question.
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06-05-2009, 10:55 AM | #12 |
Don't Thread on Me
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You know what's awesome is one dealership going out of business around me was unwilling to deal on a new Challenger for my dad. Who's laughing now?
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06-05-2009, 10:55 AM | #13 |
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I'd like to pick up a Wrangler Unlimited, but don't really have the desire to do so until next year when I have paid down more debt. But if I can pick one up for $12k or so ... heck, I'll do it.
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06-05-2009, 10:55 AM | #14 |
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Schaefer & Strohminger Dodge Towson
Baltimore, MD Heritage Auto Mall of Bel Air Bel Air, MD Schaefer & Strohminger Delmarva Autopark Cambridge, MD Shaffer Jeep Cumberland, MD Schaefer & Strohminger Dodge Bel Air Fallston, MD Fitzgerald Dodge Frederick, MD Don Phillips & Sons Enterprises Frederick, MD Lakeforest Chrysler Jeep Gaithersburg, MD Montrose Dodge Germantown, MD Colonial Dodge Kensington, MD Laurel Dodge Laurel, MD Frostrom & Sons Pocomoke City, MD Antwerpen Dodge Randallstown, MD Reed Brothers Dodge Rockville, MD Wheaton Dodge City Wheaton, MD Wow, really? I was expecting a couple of the smaller dealers, but WOW...looks like DarCars was spared. |
06-05-2009, 10:56 AM | #15 |
Scooby Specialist
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06-05-2009, 10:56 AM | #16 | |
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Quote:
Bottom line - most have cleared out their inventory already - anything left will get auctioned off with Chrysler providing special financing to other dealers who buy up the stock. No real deals to be had despite the media blitz to the contrary last week. |
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06-05-2009, 10:57 AM | #17 |
This space for rent
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06-05-2009, 10:57 AM | #18 |
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06-05-2009, 11:00 AM | #19 |
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i understood that the stock at most dealerships is purchased on credit from the manufacturer so wouldn't chrysler still own most of those vehicles by default?
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06-05-2009, 11:01 AM | #20 |
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06-05-2009, 11:01 AM | #21 | |
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I can't imagine driving around and these dealerships not being there any more. |
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06-05-2009, 11:01 AM | #22 |
Scooby Specialist
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depending on how long it's been there, yes. not sure what the terms are but if dealers are sitting on six month old SKU's they have written a check for, they're morons.
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06-05-2009, 11:02 AM | #23 |
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<---Works at a ex-Chrysler dealership.
We've already sold off most of our inventory, and apperently we will be working with Chrysler to sell/trade our remaining vehicles to other dealerships. |
06-05-2009, 11:03 AM | #24 |
Scooby Specialist
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The way I figure it they might be better off selling it to a consumer for $12k rather than having to liquidate it at auction. With who knows how many thousands of vehicles hitting the auction block, I am sure the prices would be super low. It's not like people are exactly clamoring to buy right now...
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06-05-2009, 11:04 AM | #25 |
Add Lightness
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Yoar All Rong!!!!!
All ur Wranglers are at my houses!!!! jack |
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