Dealers are down to their last 24 hours to be able to sell remaining new 2009 Chrysler, Jeep or Dodge cars before their franchise is pulled.
[caption id="attachment_1040" align="alignleft" width="300" caption="Dodge Avenger "] [/caption]
Beware that many dealers have limited supply of choice models. The remaining inventory will be redistributed by Chrysler, unless the dealer has previously reported it sold, added non-factory after-market items or used it as a demo unit. While many dealers have suggested they will “dump” their excess units at auction, most will resell them as used a few weeks from now. Meanwhile, consumers should be cautious when viewing window stickers with inflated add-on fees, low-ball trade-in figures or layered rebates that many will not qualify for or can not be combined with other offers, ie: recent college graduate, military discount, farm bureau and loyalty.
The Chrysler bankruptcy hearings have hit another snag as the legal team representing Indiana pension funds have won a decision to allow their protests to be considered by the appeals court. This delay could send the FIAT buyout of Chrysler into overtime, effectively killing the clock on the agreement.
Other news has Penske buying Saturn and the Chinese government quashing the purchase of Hummer. Could anything else go wrong for US automakers? Is there Chinese wallboard insulation in the interior trim panels of Pontiacs?
AND my question for the day… What does Timothy Geitner drive?
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Sarah Lee is a 20+ yr car business veteran. My Carlady is her personal car buying agency at www.mycarlady.com, helping clients all over the country buy cars without the hassle, haggling car dealer games. She is the ultimate consumer advocate. A published author on all topics car-related. You can follow her for regular auto-related updates on twitter @mycarlady.
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