The Godfather
Well-Known Member
- Joined
- March 4, 1999
- Messages
- 341
- Reaction score
- 0
- City, State
- NY
- Year, Model & Trim Level
- 01 Sport Trac
Daimler (the Chrysler is silent) seemed to over estimate the economy boom and now that it's slowing, has an over stock of inventory and a flood of vehicles coming off lease. They are actually projected to post a loss this quarter. Due to the large amount of returned lease vehicles, they will be forced to sell at a discounted price because of the slowing economy. It will inturn drive down the price of new DC vehicles. So that $38,000 J**p might be going for $33,000 in a couple months. Personally, I think the new J**p is better than a new Explorer, Ford seemed to cheapen them up a lot this time around. It's still to much for me but the lower price of them might sway a couple people. My parents who have owned Fords for 30 years are leaning toward a J**p instead of an Explorer. And with the poor overall quality of their Taurus, won't buy another one again.