Tweeti've been going over auction reports sence chrysler has entered into bankruptcy. chysler vehicles, wholesale value, has deffinatley dropped about 30%...car, truck, dont matter. even jeeps dropped about 27%. dosnt matter area of country....loan value wise, banks are hitting us like they are "gray market" vehicles. they are financing about 100% of wholesale (which is 30% lighter). i expect banks to step back to 80% of wholesale soon.
be very careful with G.M. they WILL be entering into bankruptcy around june 1st. i dont expect anything to drop less than 25% except corvettes. if used gm....wait (that fukin hurts)
if your trading a gm or chrysler vehicle, for ANOTHER gm or chrysler...it should be a wash. if trading for forign or ford...your screwed