It's simple math: carmaker plus bankruptcy equals uncertainty and lower resale values. But Chrysler owners are feeling the bite of that equation as the value of their vehicles dropped 6% on average in a single week. In the week after Chrysler filed for Chapter 11 bankruptcy protection, owners of Jeep and Dodge vehicles saw their 36-month resale value go from 38.4% and 37.3% of their original price, respectively, to just 32.4% for Jeep and 31.2% for Dodge. Chrysler-branded vehicles fell an even 6% from 34.8% to 28.8%, reports the Detroit Free Press.
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Chrysler resale values down 6% in a week as uncertainty rules the day
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