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Edmunds’ AutoObserver.com reports July’s estimated incentive spending was down an average of 14.2% from the same month last year but it was up an average of 7.6% from June 2011. Chrysler’s 6% increase was below the industry average, but it remained in second place when it came to cash on the hood. GM is still [...]
It’s time for the annual “Summer Clearance Event” at all participating Chrysler, Jeep, Dodge, and Ram Truck dealerships. From now through the end of August, qualified consumers may be eligible for special zero-percent financing for up to 72 months or Customer Cash up to $3,000 on many 2011 Chrysler, Jeep, Dodge, and Ram Truck models. [...]
According to figures released by Edmunds.com, Chrysler Group, which posted the largest sales gain of the Detroit automakers in June, spent an average of $2,601 on incentives, less than Ford ($2,859) or General Motors ($2,951). Mercedes-Benz spent the most in June, $3,434, while its Smart brand spent the least at $297. Chrysler Group incentives were [...]
TrueCar.com estimates the average retail transaction price for a Chrysler vehicle was $28,777 in May, up 1.8% from May 2010 and up 0.5% from April 2011. General Motors had the highest average transaction price, $33,883, while Hyundai/Kia had the lowest at $19,217. “Average transaction prices reached their highest levels ever recorded,” said Jesse Toprak, chief [...]