July 30th, 2008 | by admin |
Fitch Downgrades Chrysler to ‘CCC’; Outlook Negative - MarketWatch
Chase terminates Chrysler leasing program; GMAC rates rise for high-risk borrowers
Unwilling to get stuck with a glut of depreciated and difficult to sell lease returns, Chase Auto Finance announced today that they will no longer finance leases for Chrysler vehicles. This news comes on the heels of Friday’s announcement that Chrysler’s own financing arm will exit the leasing business on August 1st. In the announcement, Chase cited concerns about the residual value of Chrysler’s current products. Since lease payments are calculated based on the anticipated residual value, any
Tue, 29 Jul 2008 16:30:13 -0700
DaimlerChrysler Global Media Site - Mercedes Car Group - smart
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Mon, 01 Oct 2007 16:39:07 PDT
Chrysler Full Color Logo on Black Steel License Plate
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Wed, 23 Jul 2008 04:37:17 PDT
Chase to end leasing for Chrysler
Chase Auto Finance said today that it will not finance leases for Chrysler LLC vehicles.
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