Rick Schaub, owner of Montrose Dodge in Germantown, Md., says his dealership had virtually no weekend sales even though it seems widely known that Tuesday is his last day. “The people coming in think they can get a car for $3,000 or something like that,” he says.
His dealership has about $200,000 worth of Dodge replacement parts, and he says Chrysler was willing to take back only $4,000 worth. He still has about 30 vehicles to get rid of before he switches to used car sales and repair work.
“I feel fortunate that I’m going now, quite honestly, because I don’t give Chrysler long,” he says. “They don’t have much of a chance of survival, and the guys who are left are being forced to dig their graves deeper by investing in their dealerships.”
What Rick doesn’t say is that his dealership must have been doing pretty poorly to get the ax.