Yesterday, the out-of-luck owners on the Chrysler dealership closing list were told they have a limited time to get rid of their inventory. I'm curious: is anyone tempted to buy a vehicle from one of these dealers, because clearly with the need to move product, there could be a lot of room to bargain and negotiate.
Dealers get loans to purchase cars from the manufacturer, Andrea says, so if they don't make the sales and if Chrysler doesn't have to buy them back, they are in a tight situation.
Then again, you might wonder about the fate of your rebates and other incentives if you've already bought a car from one of these endangered dealers. Consumer Reports offered advice last month about bankrupt car dealerships and other potential problems.