Big Black Friday discounts key to Chrysler 200 sales success
 

Filed under: Car Buying, Sedan, Chrysler, Earnings/Financials

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A lot of people go shopping for deals on TVs or computers around the holiday season, but it looks like some folks are finding some fantastic deals on cars too. Take the Chrysler 200 for example. The new sedan had a great November in terms of sales, and by Chrysler's numbers, it delivered 14,317 of them for the month, a 155 percent increase from the same month last year. It even beat the November 2013 sales of the old 200 and Dodge Avenger combined. However, a report from Daily Kanban based on TrueCar data suggests that the good month came at least in part from steep incentives.

Based on 20,156 sales of the 200 from TrueCar's database, average transaction prices were about $2,500 to $4,000 under MSRP for all but the base LX front-wheel drive model. That one actually went for about $68 above the typical base price. Going by these numbers, most people could have bought nearly any trim cheaper than the listed price of the one above it. For example, the top C AWD averaged $27,423, less money than the stated MSRP of the lower-spec S AWD. TrueCar's website also shows 200 pricing dipping in the latter part of November and into early December.

There's no doubt that the 200 had a stellar month for November. But these figures suggest that it might have come partially because buyers found stacks of money on 200 hoods, while out doing some holiday shopping.Continue reading Big Black Friday discounts key to Chrysler 200 sales success

Big Black Friday discounts key to Chrysler 200 sales success originally appeared on Autoblog on Wed, 10 Dec 2014 18:44:00 EST. Please see our terms for use of feeds.



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They could probably sell even more if they cut the price to $1.00. On the other hand, if they can't make a profit, they won't be in business for long.