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Old 07-15-2013, 09:12 AM   #16
XDCX
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(that was leased to a salesperson from a competing CDJR dealership...)
I'm guessing the salesperson doesn't have long term career aspirations with his/her current employer....
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Old 07-15-2013, 08:17 PM   #17
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The other dealership isn't the most organized in the world, and they called the trade $3,000 short of what I wholesaled it for... so their loss, and they challenged him to do it in the first place.
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Old 07-16-2013, 09:56 AM   #18
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and they challenged him to do it in the first place.
That's classic.

Maybe you'll be getting more business from employees at this dealership.
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Old 07-17-2013, 12:23 PM   #19
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This just in....

Chrysler Capital funded nearly $1.2B of business in May and nearly $1.4B in June. In May, we funded 6,389 lease contracts and 19,690 retail contracts, followed by 9,540 lease contracts and 24,222 retail contracts in June. Thank you for your support of Chrysler Capital!

and Oh By The Way were are changing our participation split Thanks for your business Chrysler Captial
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Old 07-17-2013, 02:36 PM   #20
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This just in....

Chrysler Capital funded nearly $1.2B of business in May and nearly $1.4B in June. In May, we funded 6,389 lease contracts and 19,690 retail contracts, followed by 9,540 lease contracts and 24,222 retail contracts in June. Thank you for your support of Chrysler Capital!

and Oh By The Way were are changing our participation split Thanks for your business Chrysler Captial
During the Honeymoon it was 80/20

Now that we're married a couple of months its 75/25

Now we will see if their buying habbits change as well
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Old 07-18-2013, 10:02 AM   #21
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During the Honeymoon it was 80/20

Now that we're married a couple of months its 75/25

Now we will see if their buying habbits change as well
It will be interesting to see how the relationship continues now that the honeymoon is over.

To be fair, if I was running Chrysler Capital I'd probably do the exact same thing. Essentially, Chrysler Capital started off aggressively and bought the market. Now that they're somewhat established they can pull back and evaluate how much business they lose as a result of the new split.

In my opinion, vehicle launches should be handled the same way: Start off aggressively with attractive pricing/terms, build momentum and then re-price your product once it's established in the market.
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Old 07-18-2013, 02:25 PM   #22
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30% of new vehicles need to go to CC to keep them happy.
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Old 07-23-2013, 11:46 AM   #23
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30% of new vehicles need to go to CC to keep them happy.
Has there been any pressure or is Chrysler Capital's request for 30% penetration just a goal they're sharing with their dealers?
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Old 07-29-2013, 02:39 PM   #24
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No pressure to be at 30%... we are nowhere near that number and haven't been given a goal of any sort.
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Old 07-30-2013, 10:54 AM   #25
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No pressure to be at 30%... we are nowhere near that number and haven't been given a goal of any sort.
Thanks for the update. It's good to hear that there's no pressure from the factory to support Chrysler Capital.
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