Fire Sale Sweeps Chrysler Dealerships

Prices hit rock bottom before June 9 deadline
By Mat Probasco,  Newser Staff
Posted May 26, 2009 6:12 AM CDT
Dealers have just a few weeks to sell the Chryslers, Dodges and Jeeps or risk losing thousands of dollars on them.   (AP Photo/Mike Groll, file)
camera-icon View 2 more images

(Newser) – Those well-worn "Rock-Bottom Price!" and "Must Go!" stickers are more than sales pitches at nearly 800 dealerships cut loose by Chrysler, which have to sell by June 9 or lose vehicles to auction. The bankrupt automaker refused to buy back some 44,000 cars, reports ABC News, so prices have bottomed out as the clock winds down.

"The deals are very good. They are steals, not deals," said a dealer in Tenafly, NJ, where a $45,428 Dodge Ram is selling for $28,392—including government assisted rebates and low-cost financing.