As if getting a loan for a new car wasn’t already hard enough, buyers of Chrysler will, in many cases, be expected to put up much larger down payments.
Lenders are worried that values of Chrysler vehicles will drop drastically, leaving them with a liabilty if they need to reposses the car.  Their worries are justified, [...]

Shortly after filing for bankruptcy, the residual values of 2009 Chrysler vehicles dropped 6% according to Automotive Lease Guide, the leading publisher of residual values.
This means the typical 2009 Chrysler sold today will only be worth 31% of its original sticker price after only 3 years.
This is a big reason why consumers tend to stay [...]

After declaring bankruptcy and seeing sales dive 50% last month, Chrysler is now offering $4,000 cash rebates on 2009 vehicles.
On top of that, they’re offering $1,000 cash if you’re a current Chrysler owner and up to $1,000 for financing through a participating credit union.
Chrysler is worried consumers won’t buy from a bankrupt company. Many [...]

Used cars from model years 2005 thru 2008 have gone up in price drastically in the last 45 days. 
Surprisingly, Chrysler vehicles are leading the way.  Prices  of Jeep vehicles at auction have gone up a whopping 10% since February.
Ford and Toyota have gone up around 5%.  There’s a couple of reasons for the price [...]

Chrysler has shut down all production until it emerges from bankruptcy. This is expected to take at least 1 to 2 months. Meanwhile, GM has stopped production at most North American plants for 9 months starting May 4.
Chrysler was forced to stop production while GM is simply constipated. There are too many cars [...]

GM and Chrysler dealers fear the manufacturer may soon go bankrupt, and they’re trying to figure out how to minimize their losses if that happens. One area they’re worried about is the rebate cash owed to them from the manufacturers.
Rebates are typically paid by the car dealer who then gets [...]

Chrysler will no longer be offering its Employee Pricing Plus Plus program starting in May.   The program launched earlier this year gave customers employee pricing plus rebates as high as $6,000 on 2008 vehicles and $3,500 for 2009 vehicles. In addition, they offered 0% financing for up to 48 months and an additional $1,000 if [...]