bankruptcy liquidation order
With Chrysler shutting down dealerships and dealers needing to sell inventory, what will discount to MSRP be?
I’m curious to know if Chrysler dealers will be willing to take LESS than the MSRP or even below their cost in order to liquidate inventory of Chrysler cars. If so, what would be a reasonable discount to expect? This is a liquidation sale, yes?
Also, after one purchases a new Chrysler car, who will service it? Will there be any service plans to go with the car and if so, who will honor it? The next nearest Chrysler dealer that did not get shut down?
Will parts for Chrysler cars still be available in the future? My sense is that while Chrysler has declared bankruptcy, they may re-emerge after a plan of reorganization having renegotiated key contracts. Or is this a total melt-down / sale of all assets?
Since they’re not all closing down, other dealerships will have to honor Chrysler warranties, you may have to travel a little farther though. Even if they all were to shut down, by law inventories will have to be available for at least 10 yrs. I wouldn’t worry about that, they’ll probably be available much longer than that.
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