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

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. 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.






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    About The Author

    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.

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