Chrysler Resale Values Drop 6% In One Week After Bankruptcy Filing - Dodge Cummins Diesel Forum
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post #1 of 3 (permalink) Old 05-14-2009, 01:18 PM Thread Starter
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Chrysler Resale Values Drop 6% In One Week After Bankruptcy Filing


According to Automotive Leasing Guide, the resale value of a Chrysler vehicle dropped six percent in the week following the company's Chapter 11 bankruptcy filing.

In just seven days the uncertainty about Chrysler's future crept into the marketplace in a very real way, damaging the resale values for Chrysler, Dodge and Jeep products almost equally.

Prior to the bankruptcy filing a three-year old Chrysler was worth 34.8 percent of its original value. After the filing, that amount dropped to just 28.8 percent.

The value of a three-year old Dodge went from 37.3 percent to 31.2 percent and three-year old Jeep vehicles declined in value from 38.4 percent of the original purchase price to 32.4 percent.

The news isn't good for those who recently purchased a Chrysler vehicle and as the declines are based on percentage they can take a significant toll on pricey models like SUVs or the Challenger SRT8 pictured above.

In comparison, a three-year old Toyota retains 45.5 percent of its original value.

More: Chrysler Resale Values Drop 6% In One Week After Bankruptcy Filing on AutoGuide.com

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post #2 of 3 (permalink) Old 05-14-2009, 01:36 PM
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ouch - i just bought an 05 jeep wrangler unlimited
for $11k onw its worth $10.3k


niiiiiiice. glad i bought used !!

jason

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post #3 of 3 (permalink) Old 05-20-2009, 08:48 PM
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Resale

We just purchased a new '08 Grand Cherokee Diesel and we own an '07 Dodge Ram Diesel. My experience has been that these vehicles will out last a Jap vehicle. I have no doubts that these two Mopars will last us 10 to 15 years and several 100 thousand kms. If I needed another vehicle, I'd have no problem purchasing another Chrysler product.

'07 Dodge 2500 QC SLT TRX4 Offroad 4x4 SB 6.7 Auto full deletes XRT Pro Pusher Intake Manifold & tube S&B with scoop my DD. '13 Jeep GC Laredo my wife's DD. '65 Dodge Polara 880 Convertible 383 hp Automatic. '98 Jeep XJ.
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