Stellantis Q4 sales blitz inbound?

My local dealer has a 23 grand wagoneer $116k down to $89k. It had been sitting so long when I looked at it that the battery had died lol

I had my battery replaced 2 times within 3 weeks. I’m already $25K deep in service bills but all warranty. Only 4000 miles on it

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So its probably cheaper for them not to sell them at all!

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Yeah. Rather have owner just ride it out and sell it as CPO

What did this client do with their gains when CDJR showrooms were charging $10k over MSRP on each LX and WK?

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The other brands wholeheartedly agree

https://www.reuters.com/business/autos-transportation/jeep-owners-should-park-outside-pending-recall-fix-us-agency-says-2024-10-01/

Enjoyed a good laugh. The result of caving to government pressure for electric vehicles and rushing to market.

For this client specifically, that money went to his wife in the divorce :laughing:

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He should have negotiated for her to get a few dozen Dodge Hornets instead of the house.

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Dreadful ICE sales leading into a EV transition. Surely they won’t lose $4bill+ per year like Ford on EVs. At least Ford and GM can rely on their ICE sales for profits. The future does not look bright for Stellantis, they might have to sell off some brands.

No one aint buying their brands. might as well kill them off.

Maybe Maserati and Alfa can be sold to VW

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How low can I get a dealer to go on a 2023 Pacifica Hybrid Pinnacle?

On the other hand, is a new 8 year warranty from Stellantis worth anything if they don’t last 8 years? Only Fisker to my knowledge has left its cars totally unsupported, but that’s a lot of liability for somebody to take on.

I’d wait till November or December to buy anything for them.

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From Jeep Parent Stellantis Taking ‘Drastic Measures’ to Conserve Cash:

Automaker Stellantis is taking “drastic measures” to shore up the Jeep and Ram parent’s finances, including a belt-tightening approach known internally as the “doghouse” that seeks to put stricter limits on external spending.

The move highlights the escalating measures that one of the world’s largest automakers is taking to protect its coffers, as it takes costly steps to cut vehicle output and offer promotions to boost sales.

Stellantis’s cash drain stems not only from lower profits, but also from its efforts to reduce [a glut of unsold vehicles on dealer lots in the United States. The company said Monday that it would cut vehicle shipments by 200,000 in North America through the end of the year. That move could create a short-term cash headwind of about $4.4 billion, Bernstein analyst Daniel Roeska estimated in a note to clients Thursday.

Hmm, isn’t the USA Stellantis’s best market? Not saying they couldn’t cut overcapacity but “this business would be a lot cheaper if we didn’t have to make all these goddamn cars” is a real galaxy brain operation.

@CarmaLeasing did rebates improve a lot this month?

I’d love another 1500 Laramie Night Edition for $499/mo

They definitely didn’t with jeep

How about RAM? lol

Aren’t there still 2023’s out there?

Incentives on the 25 1500s look the same. If anything, lease pricing looks maybe a little higher this month.

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What about 2024’s?

What is this “National Standalone 15% Below MSRP” that I keep seeing everywhere?

My guess is that’s some kind of purchase incentive.

To think, this brand is how I got my start on here, hah! I’m very out of the loop now.