RealCarTips Logo

GM and Chrysler to Dump 3,400 Dealerships: Prices Will Drop

May 20, 2009

Dealerships Shut DownGM and Chrysler have decided to close down 3,400 dealerships across the nation, mostly in metropolitan areas.

Chrysler will terminate 789 dealerships by June 9th (roughly 25% of their total) while GM wants to shut down a whopping 42% of their dealerships by the end of 2010.

In the long run, this will allow surviving dealerships to raise prices since there will be less competition, but in the short term, there are some screaming deals to be had, especially for Chrysler vehicles. Chrysler dealers have to get rid of their inventory by June 9th, and you can be sure they'll be offering some incredible deals.

Chrysler has released a list of dealerships that will be shutting down. Here's a couple of great Google Maps showing which dealers are going to be shut down in your area. Make sure to contact these dealers to see what kind of prices they're willing to offer.

  • Map of Chrysler Dealerships Closing
  • Map of GM Dealerships Closing

    If you're looking to buy a Chrysler or GM, now is a screaming opportunity to get a great deal.

    My Recommendation for Car Shoppers

    TrueCar and Edmunds are the quickest way to see the lowest car prices in your area. These sites show you no-haggle prices from dealers closest to you - and the deals are usually really good. This should be the first step you take when negotiating your car price. Follow this up with my checklist to make sure you squeeze out every last bit of savings.
    - Gregg Fidan

    Each week, I'll keep you up-to-date on the latest car deals and news that might affect your purchase. This includes...
    • Best Rebates, Incentives, and Lease Deals
    • Latest Car Buying Scams and Tricks
    • The Best & Worst Time to Buy a Car
    • Which Cars You Should Avoid
    Enter Your Email Below

    (Absolutely NO SPAM, easy to unsubscribe)

    Gregg Fidan

    About: Gregg Fidan

    Gregg Fidan + is the founder of RealCarTips. After being ripped off on his first car purchase, he devoted several years to figuring out the best ways to avoid scams and negotiate the best car deals. He has written hundreds of articles on the subject of car buying and taught thousands of car shoppers how to get the best deals.

    Latest Weekly Car Buying Tips    RSS Feed

    October 24, 2019
    October 17, 2019
    October 10, 2019
    October 3, 2019
    September 26, 2019
    September 19, 2019
    September 12, 2019
    September 5, 2019
    August 29, 2019
    August 22, 2019
    August 15, 2019
    August 8, 2019
    August 1, 2019
    July 25, 2019
    July 18, 2019
    July 11, 2019
    July 4, 2019
    June 27, 2019
    June 20, 2019
    June 13, 2019
    June 6, 2019
    May 30, 2019
    May 23, 2019
    May 16, 2019
    I welcome your car buying questions. Email Me and I'll be glad to answer them!