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Chrysler Financial to Cease Leasing Vehicles


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The old saying goes, ‘Desperate times call for desperate measures’, and it looks as though Chrysler will be heeding to that mantra. Chrysler Financial – the automaker’s financial arm – is planning to exit the leasing business, effective August 1st.

The news comes as most automakers are being hit with huge losses due to the reduction in residual value of leased vehicles. Ford has already taken a $2.1 billion hit from lowered residual values this year, and Honda expects the same problem to cost it $231.8 million through March 2009.

Although the move should save the automaker a significant sum on paper, some Chrysler dealers are baffled by the announcement. “I really don’t see how they can be competitive at all in the marketplace with this kind of action,” Earl Hesterberg, chairman of Group 1 Automotive Inc., the owner of eight Chrysler dealerships, told Automotive News. “I have no idea how they can be competitive without any leasing at all.”

From LeftLaneNews

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How many people is this going to tick off when they go into a dealership expecting to lease and find out they can't? I can't imagine this is something the dealers would want to advertise, and therefore I can't imagine many people would know upon walking in within the first couple of months. They're going to lose a lot of business.

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Chrysler's losses are probably all tied to the residual drop on the Commander alone! (kidding, kinda!)

I wonder if this will stop sales altogether...as how many buyers will they find if they KNOW you will loose HALF of the retail value as soon as you drive off the lot? Plus, other than the Challenger, Charger, and the Jeep Wrangler unlimited, what does Chrysler offer that you would be willing to buy knowing what you will loose as soon as you sign the paperwork???

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u can get a lease from a different company...

this is nothing that will affect consumers... except there wont be lease incentives... no promotional rates, at least nationwide... dealers can work with their prospective banks to establish promotional rates... most leases are from other banks anyway...

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How many people is this going to tick off when they go into a dealership expecting to lease and find out they can't? I

Won't they still be able to offer leases through banks etc. Won't be cheap though.

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Won't they still be able to offer leases through banks etc. Won't be cheap though.

ahh shouldnt be too bad, the lease programs always have to have a competative edge over a purchase, so... it wont be that bad, i never sold a lease to GMAC while i was at the dealership for a year...

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Leasing is big, big business around here. Half my portfolio are leases. The last national stats I saw for Canada put leasing somewhere around 43%. Chrysler is advertising huge cash incentives and ugly 'bi-weekly' payments for 60 months, but with 72 month amortizations around here. That is going to mislead and piss a lot of people off. Wait until they find out they have a balloon payment and they are forced to buy it out!

Judging by two battling Chrysler dealers I saw in a local paper the other day, it is not going to be pretty for them. One dealer is advertising a T&C LTD for $27,998, but the fine print states it is for Air Canada employees, Aeroplan employees and Chrysler employees only. Two pages later, another Chrysler dealer, clearly pissed off at the first one, declares 'sale prices should be for everyone,' and advertises a more basic T&C for about the same price. Both advertise at 7.99 rates and 'bi-weekly.' This is going to piss off and confuse a lot of buyers. I do not understand why these dealers would advertise this way. What's worse, why do consumers put up with that BS?

A big helping of not good. Chrysler's desperation is showing. The sharks will smell blood in the water, though.

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With the economy down there turning sour and prices of vehicles dropping it's almost a GOOD thing for Chrysler financial to back out of at the moment... bad for business maybe, but good for financial reasons I bet.

Besides, cars of ANY make can still be leased, just that Chrysler financial won't be doing it.

I don't see the big deal to be honest.

BTW- I just read THIS VVV self explanatory if you ask me...?

Ford has already taken a $2.1 billion hit from lowered residual values this year, and Honda expects the same problem to cost it $231.8 million through March 2009.
Edited by CMG
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:confused0071: what does a 1970 Hemi Cuda at Barrett-Jackson have to do with Chrysler discontinuing the holding of it's own paper on leases for NEW CARS? It took 38 years for those cars to be worth something again...and they are only worth it because a bunch of rich guys are having a penis sizing contest with their checkbooks by out spending the last idiot who bid up a car that is not worth nearly what is being paid.
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:confused0071: what does a 1970 Hemi Cuda at Barrett-Jackson have to do with Chrysler discontinuing the holding of it's own paper on leases for NEW CARS? It took 38 years for those cars to be worth something again...and they are only worth it because a bunch of rich guys are having a penis sizing contest with their checkbooks by out spending the last idiot who bid up a car that is not worth nearly what is being paid.

I bet if YOUR car was worth 4 million dollars you would be in that penis sizing contest pretty danged quick!

LOL!!!!!

My reply had nothing to do with leases, it had everything to do with the quote that I replied to!

Just look above what I replied in the QUOTE BOX.

:scratchchin:

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I bet if YOUR car was worth 4 million dollars you would be in that penis sizing contest pretty danged quick!

LOL!!!!!

My reply had nothing to do with leases, it had everything to do with the quote that I replied to!

Just look above what I replied in the QUOTE BOX.

:scratchchin:

How is Plymouth these days? I can't wait to see that $4 million Breeze, Sundance, or Neon at an auction.

The comment quoted stated most Chrysler vehicles. Yes, Chrysler has an excellent track record producing specialty cars... but their everyday bread-n-butter vehicles drop value like a rock.

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How is Plymouth these days? I can't wait to see that $4 million Breeze, Sundance, or Neon at an auction.

The comment quoted stated most Chrysler vehicles. Yes, Chrysler has an excellent track record producing specialty cars... but their everyday bread-n-butter vehicles drop value like a rock.

How is Oldsmobile?

I can't wait to see a 4 million dollar Camaro, Corvette, etc etc.

Forget the entry level daily driver's. LOL What a comparison! :rolleyes: C'mannn Ven! :AH-HA_wink:

All the domestic bread and butter vehicles are dropping "like rocks".

We have a Solstice that is ONE YEAR OLD in our Craigslist with 33% depreciation. LOL

Want me to post it?

HERE! http://vancouver.en.craigslist.ca/car/770296936.html

Let's hear some clever excuses Ven! ;)

ALL domestics have a resale problem, you are just blind to what you don't want to see.

Edited by CMG
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Who do you guys think controls GMAC?

LOL

CERBERUS!!!!!!!

I still wouldnt be supprised if cerberus combined the two, GMAC and Chrysler Financial. Sold it back to GM... Build their own Financing for Chrysler. its worth money to split chysler up, but it would be easy to start a new one because of the customer base... to me seems like a decent idea...

i need to look at cerberus, see what kind of investor they are... a buy and sell or buy and hold... weather they are like Buffett or like Kirkorian...

Buffett style investing will grow the biggest but Kirk's way will show major gains faster

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I have no excuses... I'm not the one defending Plymouth... or Oldsmobile... your goat is just too easy...

Couldn't you have at least picked a Chrysler vehicle from a brand that still existed? Your point just validated that a brand's past doesn't have much, if any (in Plymouth's case), to justify its current existence. Once the Viper is gone, where's Dodge? Where is Chrysler's future $4 million vehicle? pehaps the 300 SRT8. Jeep will always have the Wrangler.

I thought ruffles were just a chip. :P

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All the domestic bread and butter vehicles are dropping "like rocks".

We have a Solstice that is ONE YEAR OLD in our Craigslist with 33% depreciation. LOL

The Solstice is...um....special. They dive in value because all the people who actually want them (middle-aged woman and gay guys) already have them, and when they find out how useless they are, they cant find another middle-aged woman or gay guy to buy it.

I haven't gotten a good Solstice bash out in a while, I feel better.

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I have no excuses... I'm not the one defending Plymouth... or Oldsmobile... your goat is just too easy...

Couldn't you have at least picked a Chrysler vehicle from a brand that still existed?

I thought ruffles were just a chip. :P

I'm not "defending" Plymouth. LOL Tell me where you jumped to THAT conclusion?

LOL!!!!

If you look, I'm not gonna suggest YOUR goat is hard to get, it's easy, the only difference is I can stick to logic, and fact.

:AH-HA_wink:

:deathwatch:

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The Solstice is...um....special. They dive in value because all the people who actually want them (middle-aged woman and gay guys) already have them, and when they find out how useless they are, they cant find another middle-aged woman or gay guy to buy it.

I haven't gotten a good Solstice bash out in a while, I feel better.

The strange part is the Solstice is SUPPOSED TO BE an "enthusiast's car".

It should have a heckuva better resale than most, should it not?

All domestics are going to have resale problems over the next few years I am sure, GM, Ford, and Chrysler. To single one out is silly IMO...

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I'm not "defending" Plymouth. LOL Tell me where you jumped to THAT conclusion?

LOL!!!!

If you look, I'm not gonna suggest YOUR goat is hard to get, it's easy, the only difference is I can stick to logic, and fact.

Hah! - Twisted and selective perhaps...

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I have no excuses... I'm not the one defending Plymouth... or Oldsmobile... your goat is just too easy...

Couldn't you have at least picked a Chrysler vehicle from a brand that still existed? Your point just validated that a brand's past doesn't have much, if any (in Plymouth's case), to justify its current existence. Once the Viper is gone, where's Dodge? Where is Chrysler's future $4 million vehicle? pehaps the 300 SRT8. Jeep will always have the Wrangler.

I thought ruffles were just a chip. :P

You keep changing your posts!

Is the Viper "cancelled" like was posted on Cheers and Gears, or was a blog misinterpretted?

You tell me Ven!

:AH-HA_wink:

Who said there will be ANY domestic auto manufacturer a decade down the road..?

Maybe once Hummer is sold (it IS being shopped, isn't it? :AH-HA_wink: ) Jeep might rebadge the Wrangler as a Hummer...? LOL

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Hah! - Twisted and selective perhaps...

"Selective" is at each POSTER'S DISCRETION. You obviously know that Ven...

:AH-HA_wink:

Twisted requires imagination, and it needs to be pointed out to be labelled as "twisted".

Point out what you are referring to, I can do the same.

It will be fun.

:rolleyes:

:deadhorse::deadhorse::deadhorse:

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Actually, based on just playing around for a few minutes on Edmunds, it appears GM is doing better on resale value, at least with the Malibu and CTS. The Cobalt sucks nearly as bad as the Cavalier did and the Impala loses 90% of its value as soon as the paperwork is signed, so its not company-wide, but GM is slowly but surely getting there.

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Actually, based on just playing around for a few minutes on Edmunds, it appears GM is doing better on resale value, at least with the Malibu and CTS. The Cobalt sucks nearly as bad as the Cavalier did and the Impala loses 90% of its value as soon as the paperwork is signed, so its not company-wide, but GM is slowly but surely getting there.

I think the actual CAR resale value won't matter as much as the ECONOMY as far as dollar figures go.

GM has come a long way with their vehicles, but the times are tough with gas prices and the economy right now, it's a 1-2 hit that's hard to get around....? Tough times to be an automaker for sure.

Edited by CMG
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Dodge_Viper_Tombstone.jpg

Oh... a future classic in the making. Chrysler sure knows how to guarantee its place in a collector's heart. :smilewide:

LOL

I have never seen an ADMIN troll on his own forum...

Too funny!

Show me where you figure the Viper is gone in 2011, and I will show you just how wrong you are.

Post a link!

LOL

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All the domestic bread and butter vehicles are dropping "like rocks".

We have a Solstice that is ONE YEAR OLD in our Craigslist with 33% depreciation. LOL

Brand new dodge Ram pickups with a lifetime warranty (maybe even with guaranteed $2.99 gasoline) are going for more than 50% off list.

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Brand new dodge Ram pickups with a lifetime warranty (maybe even with guaranteed $2.99 gasoline) are going for more than 50% off list.

well if u sell the dodge, it looses its lifetime warranty.. so that makes it much less valueable... everyone said it would decrease resale value to have a lifetime warranty that wasnt transferable, now they arent leasing there vehicles... omg... combine that with a credit crunch and a housing crisis, and high fuel prices... and the sky is falling

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As others have said, there are other ways to lease, so it probably won't be a huge issue, but it doesn't do Chrysler's image any favors either.

i agree, i doubt anything negative will come of it... banks really dont care what other banks think residual values are... they use their own info or a thirdparty such as KBB...

from cerberus's point of view, it removes variables in return... makes profit more certain. nothing but a smart decision that will not hurt the consumer.

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So I can still lease an '11 Avenger??? YAY!

the dealership will be able to get you a loan, or you can always goto wells fargo or whomever... i say wells fargo, because i think they like to give leases out...

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The Solstice is...um....special. They dive in value because all the people who actually want them (middle-aged woman and gay guys) already have them, and when they find out how useless they are, they cant find another middle-aged woman or gay guy to buy it.

Maybe the upcoming coupe or a V-8 engine swap culture might change that?

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The Targa doesn't do a whole lot to address the complete lack of luggage space. A V8 swap is too much work for the type of casual car buyers (middle aged women and image conscious gay guys) who are interested in the Solstice. The Solstice is still inferior to the Miata, and in some respects even the Sky.

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The Solstice is...um....special. They dive in value because all the people who actually want them (middle-aged woman and gay guys) already have them, and when they find out how useless they are, they cant find another middle-aged woman or gay guy to buy it.

I haven't gotten a good Solstice bash out in a while, I feel better.

Your post is assinine.

Solstice values are falling because they are a specialty car and the economy is weak.

Look at the value of a Z4 BMW, Miata, Sky, S2000...or even a vette, 911, Boxter, etc.

Chris

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The Targa doesn't do a whole lot to address the complete lack of luggage space. A V8 swap is too much work for the type of casual car buyers (middle aged women and image conscious gay guys) who are interested in the Solstice. The Solstice is still inferior to the Miata, and in some respects even the Sky.

Let's see, the highest finishing Solstice in SCCA Showrom Stock "B" at last years runoffs in Topeka, Kansas was "First"

The highest finishing Miata was "eighth."

The Miata is in some ways a better car, but the Solstice is a hell of a car. Get over not being man enough to buy/drive one, dude.

Chris

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Brand new dodge Ram pickups with a lifetime warranty (maybe even with guaranteed $2.99 gasoline) are going for more than 50% off list.

A friend wanted to trade her two year old F150 in on a Fusion and the local Ford dealer wouldn't even talk to her.

When I bought my Miata (used) a two year newer and nicer Pilot was $2500 cheaper than the Miata.

My other friend can't give his Tahoe away.

What's your point?

Chris

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So I can still lease an '11 Avenger??? YAY!

Not to be cruel...but once you drive a Civic/Fusion/Milan/Malibu/Aura/Astra/Mazda 3/VW Rabbit/GTI/Cooper/CooperS/Jetta...et al...you won't want to.

At some point Chrysler is going to ahve to start building much better cars if they want to stay in buisiness.

Although it would be cool to build "continuation" Challengers like they built continuation Studebaker Avanti's.

Or maybe we can get Dynacorn to build a 70 challenger Body. We could run two lines, kind of like the beetle plant in Mexico, where both the old beetle and new beetle were built alongside each other.

Two kinds of challengers, set up however you want...I could get into that.

Chris

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Your post is assinine.

Solstice values are falling because they are a specialty car and the economy is weak.

Look at the value of a Z4 BMW, Miata, Sky, S2000...or even a vette, 911, Boxter, etc.

Chris

The Solstice (and Sky, to be fair) are dropping in value because they require quite a bit of comprimise. Between the pain-in-the-ass top and complete lack of storage space, the market for them is extremely limited. Mazda did it better, they made a weekend toy that allows a person to take along enough provisions for a weekend.

Let's see, the highest finishing Solstice in SCCA Showrom Stock "B" at last years runoffs in Topeka, Kansas was "First"

The highest finishing Miata was "eighth."

The Miata is in some ways a better car, but the Solstice is a hell of a car. Get over not being man enough to buy/drive one, dude.

Chris

Whens the last time someone bought a car based on SCCA results? I have no need to buy a Solstice (or Miata) because they really dont go well with a carseat. I want a 3rd car, and I'd love a convertible, but a Solstice, Sky, Miata or Corvette are out of the question. A Wrangler, however, isn't.

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I'm not saying the car is sold by SCCA results, nor am I saying it is as good as the Miata. (I own a Miata and could have bought a Solstice)

I am saying the Solstice has Merit.

BTW, I agree on the Wrangler thing. My teenaged son will soon be driving and I have a teenaged daughter that will follow him in short order.

I figure the Wrangler is one of the few things on the planet tough enough for them not to destroy...and it is a ragtop.

Chris

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The Targa doesn't do a whole lot to address the complete lack of luggage space. A V8 swap is too much work for the type of casual car buyers (middle aged women and image conscious gay guys) who are interested in the Solstice. The Solstice is still inferior to the Miata, and in some respects even the Sky.

The Solstice (and Sky, to be fair) are dropping in value because they require quite a bit of comprimise. Between the pain-in-the-ass top and complete lack of storage space, the market for them is extremely limited. Mazda did it better, they made a weekend toy that allows a person to take along enough provisions for a weekend.

Whens the last time someone bought a car based on SCCA results? I have no need to buy a Solstice (or Miata) because they really don't go well with a carseat. I want a 3rd car, and I'd love a convertible, but a Solstice, Sky, Miata or Corvette are out of the question. A Wrangler, however, isn't.

Gollee, bro, tell us how you REALLY feel!!

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As a Miata owner, i am actually a big fanboi of the Solstice for some reason.

Chris

That's a sentence you would NEVER see me posting.

LOL

I don't mind the Sky, the Solstice is kinda ugly for me. The Miata and the Solstice are in the same "genre" if you ask me, and it's not something I would be driving, but I'm not the kind of guy to ride on the back of a Harley either....

:AH-HA_wink:

Hahahaha

(just joking, sort of)

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Gollee, bro, tell us how you REALLY feel!!

I know it didn't cost GM a whole lot, but the Solstice didn't bring much to the bottom line, GM shouldn't have bothered until they could put it on a platform that gives the roadster some usability, and can be stretched out to accommodate a larger coupe/sedan/wagon that might sell in higher numbers and make some money. Basically, GM should have waited for Alpha, in my mind at least. Plus the Solstice isn't particularly attractive in my mind.

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I'll bring these back up, in case CMG missed them after he asked for them. BTW, these are the 2 articles used as sources on the Dodge Viper Wikipedia page, I'm sure there are other articles out there about Cerebrus axing the Viper.

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I know it didn't cost GM a whole lot, but the Solstice didn't bring much to the bottom line, GM shouldn't have bothered until they could put it on a platform that gives the roadster some usability, and can be stretched out to accommodate a larger coupe/sedan/wagon that might sell in higher numbers and make some money. Basically, GM should have waited for Alpha, in my mind at least. Plus the Solstice isn't particularly attractive in my mind.

Room for people bigger than 5'8-150 could have been considered also IMO.

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I'll bring these back up, in case CMG missed them after he asked for them. BTW, these are the 2 articles used as sources on the Dodge Viper Wikipedia page, I'm sure there are other articles out there about Cerebrus axing the Viper.

Yeah, I missed them... sorry.

OK, I just looked at the links, and there is a SMALL PROBLEM nobody actually seemed to notice....

The Jalopnik site is where the rumors started, but nobody seemed to ACTUALLY READ THE WHOLE ARTICLE!

Let me sum it up best by the line in the actual link provided....

*ahem*

What happens after 2011? That's a question we don't yet have an answer for.
Nobody seems to READ the actual entire page they post a link to- and in this case it's just an article about what the "masses" THOUGHT about where the Viper is going, the title is tongue in cheeck, and it is NOT meant as people constantly describe.

All I can say is READ THE ENTIRE ARTICLE.

Here's an excerpt for those tooooo lazy.

Chrysler recently launched the freshened, more powerful, fourth generation Viper for the 2008 model year. Original plans had this car being built for only two model years. It was meant to be a stop-gap model until the next generation "ZC" car could be brought online. Now that an all new Viper won't happen, sources tell us that the fourth generation Viper will instead be built until around the 2011 model year. We'd also venture a guess that so long as the fourth gen is being built, a few of the track prepped ACR models will continue to trickle out of the factory.

What happens after 2011? That's a question we don't yet have an answer for.

It's hard to imagine Chrysler leaving the halo car market for good — but we're thinking the future will call for a more affordable halo. Not just more affordable for the buyer but more affordable for Chrysler build. We know they'll want something that can still put up a fight with the Corvette — at least the base model — but at the same time, be much closer to the Corvette's base MSRP.

Edited by CMG
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I'll bring these back up, in case CMG missed them after he asked for them. BTW, these are the 2 articles used as sources on the Dodge Viper Wikipedia page, I'm sure there are other articles out there about Cerebrus axing the Viper.

The SECOND link is an article referring to your FIRST link, somebody ELSE never read the story through and understood, they merely wrote an article based on what they THOUGHT the article was about, after reading the title of the Jalopnik page.

Everybody passes on SPECULATION and RUMOR, and it soon comes out as "fact", which it isn't.

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The next generation Viper roadster, referred to internally as ZC-D27 — and ZC-D29 in the case of the coupe — are no longer part of Chrysler LLC's future plans.

That says, to me, that the next generation Viper has been canceled, since I doubt the author just made it up. It is possible that the article is incorrect, or that something has changed since February, but there hasn't been anything more recent than the Jalopnik article about a next-gen Viper anywhere.

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That says, to me, that the next generation Viper has been canceled, since I doubt the author just made it up. It is possible that the article is incorrect, or that something has changed since February, but there hasn't been anything more recent than the Jalopnik article about a next-gen Viper anywhere.

The next version of the Viper that was INTENDED is not going to happen now. That is NOT made up.

The Viper will either be left as is unchanged or it will be different than the ZC-D27 that was originally intended, and as the article states it will probably be a car more competitive with the Vette as far as price goes for the base versions...

Nowhere in the article does it say the Viper will be cancelled, just the tongue in cheek headline.

Which is where the stupid rumors started from...

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Actually, I went back and reread (AGAIN) the whole article to see where you could come to that conclusion, and found THIS....

Originally, the new version of Dodge's halo car was set to start rolling down the assembly line in January of 2009 alongside two Chrysler badged platform mates. These two new Chrysler branded performance vehicles were to be modeled after the Firepower concept car. The first one, a roadster, was given the internal name ZC-C27, and a coupe version was given the internal name ZC-C29. However we know the decision to kill the Chrysler-brand versions was made sometime in the middle of last year.

Next paragraph....

This certainly would've hurt the business case for the entire "ZC" program. The Viper is hand built at the Connor Avenue Assembly Plant. A plant that, without the Firepower, would do nothing but build Vipers and the big V10 engines that go in them. Its a plant that we're fairly certain Chrysler's new Six Sigma-loving management would probably like to close.

Now what do you think....?

Edited by CMG
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Again, since the Jalopnik article, there has been no new information regarding the Viper past 2011, I am inclined to think that if there were something at least semi-concrete, it would have been leaked by now. You're inclined to believe the Viper will stay unchanged or move downmarket. We've just got different thought processes.

Then again, we're talking about Chrysler, so I wouldn't be shocked at all if they show a Viperesque concept at Detroit and have it in showrooms a year later. They do have a history of fairly quick concept-to-production turnaround, unlike certain other automakers who show a concept in 2006 and wont have it in showrooms until 2009 sometime.

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Again, since the Jalopnik article, there has been no new information regarding the Viper past 2011,

I don't consider the Jalopnik article as "news", more of a discussion of possibilities from a automotive blog.

I have no idea what will happen with the Viper, I know I have no new Viper purchases in my near future, so whatever it is won't affect me. I just don't think a tongue in cheek headline to an article with a satirical picture should be taken as gospel. Or news of any sort.... these guys are just stating their opinions about circumstances in the future which they admit they aren't sure of and too many people are taking it as Chrysler dropping the Viper instead of reading the article.

Chrysler itself might not be around in 2011, or GM or Ford for that matter, ANYTHING is possible. Why hasten things with these "speculative" articles I'll never know...?

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Because without speculative articles, MT, C&D, R&T and every other automotive magazine would have ceased circulation after about 2 months. Thats why people read them (that, and the road tests of cars they themselves will never drive) and why websites devoted to cars (and rumors about cars) exists and why forums (like this one) exist. So people can debate things that they know nothing about.

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Because without speculative articles, MT, C&D, R&T and every other automotive magazine would have ceased circulation after about 2 months. Thats why people read them (that, and the road tests of cars they themselves will never drive) and why websites devoted to cars (and rumors about cars) exists and why forums (like this one) exist. So people can debate things that they know nothing about.

Hahaha

How very true......

:AH-HA_wink:

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I got this email today:

We are contacting you to let you know that recent press announcements about Chrysler and Chrysler Financial no longer offering leasing do not change our commitment to you. We'll continue to provide our lease customers a superior vehicle ownership and finance experience.

Chrysler LLC is well positioned with a selection of new products to serve you in the future. Chrysler will continue to be a successful automaker known for innovative products and leading dealers. Notable new products include the fuel–efficient Dodge Journey crossover,* the all–new 2009 Dodge Ram, five vehicles that achieve an EPA estimated 28 mpg on the highway and two hybrid SUVs — the Dodge Durango and Chrysler Aspen.

These announcements have absolutely no impact on your current Chrysler Financial lease agreement. We'll continue to support and service current and future Chrysler, Jeep® and Dodge customers. Going forward, as you consider your next vehicle purchase, we'll be able to provide new financing options that we think will be appealing to you, such as:

Financing options that will keep your payments comparable to your current lease payment

In addition, other lease options may continue to be offered by your dealer

Chrysler and Chrysler Financial will continue to work together to bring you the best vehicles at affordable prices and to serve your automotive needs now and in the future. For answers to frequently asked questions, please visit www.cflinked.com/lease.

Thank you again for your business.

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