chrysler rebates after Jan 3?

Anybody know of a list of what rebates Chrysler will be offering after
the Jan 3 cut off? thanks

 

www.edmunds.com

 

Looks like the answer is "zip"....Frenchy

 

For now. Now isn't the time of year for automakers to offer rebates. People
are
tapped out after Christmas and their tax refund checks are months away, they
cannot afford to buy even if your giving away the vehicles. The
automakers have another 6 months before they have to start worrying about
unloading inventory for the new models. And the foreign currency exchange
rate could easily make your import competition lots more expensive in the
next 6 months and eliminate the need for rebates.

Ted

 

hmmm well I guess I won't have to wait to get out of the mood to buy
that 2004 or 2005 Sebring convertible, this will do it for me : (
Seems kinda backwards, everybody's loaded before xmas and we get
rebates, and now that everybody is tapped out, when we need rebates as
an incentive, we don't get them? Frenchy

 

It wouldn't hurt to go in and make a offer on one. Ya never know

 

It wouldn't hurt to go in and make a offer on one. Ya never know>>

I think I'll just wait a while to see what cooks up in the
rebates...Frenchy

 

There will likely be some again. They always seem to have them
occasionally. Although, I doubt they will be as good as they have been
recently.

 

I seem to recall reading that North American Chrysler sales were up 4% in
2004 over previous year. This is even better than it sounds since Ford and
GM sales were down by about the same amount... As such, you may be more
likely to see rebates from the other two makers first.

 

Probably true. Chrysler never did go nearly as far with the rebates as GM
did. Ford's rebates were between the level of GM and Chrysler. It's
interesting that GM had the higher dollar rebates of anyone and wound up
seeing the greatest decrease in sales. Even their large number of newly
introduced "new and improved" vehicles seem to be just sitting on the lots.

 

http://press.arrivenet.com/bus/article.php/552787.html

Date : Wednesday - January 05, 2005
SANTA MONICA, Calif., Jan. 5 /PRNewswire/

Edmunds.com (http://www.edmunds.com/) reported today that the average
manufacturer automotive incentive in the United States was $2,512 per
vehicle sold in December 2004, up $57, or 2.3%, from December 2003,
and up $117, or 4.9%, from November 2004.

"As we close the books on 2004, we are confident that we have not seen
the end of generous auto incentives," stated Dr. Jane Liu, Vice
President of Data Analysis for Edmunds.com. "However, unlike the
past's traditional cash and financing incentives, the future will
likely show us more creative offers, like Volkswagen's new In The Car
program that covers car insurance for the new owners' first year."

Edmunds.com's monthly True Cost of Incentives(SM) (TCI(SM)) report
takes into account all of the manufacturers' various United States
incentives programs, including subvented interest rates and lease
programs as well as cash rebates to consumers and dealers. To ensure
the greatest possible accuracy, Edmunds.com bases its calculations on
sales volume, including the mix of vehicle makes and models for each
month, as well as on the proportion of vehicles for which each type of
incentive was used.

Overall, combined incentives spending for domestic Chrysler, Ford and
General Motors nameplates averaged $3,420 per vehicle sold in
December, up $41 from November 2004. Chrysler lowered incentives
spending for the third straight month, by $104 to $3,325 per vehicle
sold in December, and lost 0.7% market share, falling to 13% of the
U.S. market. Ford also decreased incentives spending for the third
straight month, by $217 to an average of $2,924 per vehicle sold in
December, while its market share fell by 0.5% to 17.4%. GM increased
incentives spending in December by $269 to $3,789 and its market share
increased 2.6% to 27.2%.

In December 2004, Korean automakers increased incentives spending by
$26 to $1,853 per vehicle sold, European automakers increased
incentives spending by $17 to $1,781 per vehicle sold and Japanese
automakers increased incentives spending by $188 to $1,076 per vehicle
sold. These are record highs for import automakers, according to
Edmunds.com's research.

From November to December, Korean, European and Japanese manufacturers
lost market share, going from 4.44% to 3.74%, from 7.53% to 7.33% and
from 31.5% to 31.0%, respectively. Domestic manufacturers gained
market share during that period, rising from 56.3% to 57.6%.

Comparing all brands in December, Mini and Porsche spent virtually
nothing on incentives, while Scion spent only $134 per vehicle sold.
At the other end of the spectrum, Lincoln was the biggest spender at
$5,419 in December, followed by Cadillac at $4,690 and Pontiac at
$4,465 per vehicle sold.

Among vehicle segments, in December, large SUVs continued to offer the
highest average incentives, $4,179 per vehicle sold. Other segments
with high incentives were large cars at $3,494 and large trucks at
$2,990 per vehicle sold. Compact cars had the lowest average
incentives at $1,391, followed by sports cars at $1,782 and luxury
sports cars at $1,888 per vehicle sold.

Large SUVs have lost the most market share since December 2003,
decreasing from 7.2% to 6.3%, while large cars have gained the most
market share during that period, up from 4.6% to 5.9% of the new
vehicle market.

See also:

http://www.taipeitimes.com/News/worldbiz/archives/2005/01/06/2003218279

and

http://www.detnews.com/2005/autosinsider/0501/05/A01-50668.htm

 

Somebody should tell Chrysler to take all the expired incentives off
their own website too....Frenchy

 

Ahhh, looks like they put similar incentives back in a modified
"zero-plus" form till Feb 28, goody!....Frenchy