Stellantis is getting desperate and rumors have it that they will be dropping the MSRP on many of their vehicles by 30-35% in 2025. Will it be enough? That would certainly irritate recent buyers of the RAM truck who paid $70K+.
Dang. If they weren't about to implode, I'd buy some.Their stock has a 12.8% dividend.
Had similar happen to use when Chevrolet first introduced their "employee pricing" and effectively reduced prices overnight. We had just bought a Trailblazer a couple of weeks before. In addition to normal depreciation, the value dropped almost 5K overnight. We were not happy campers to say the least. Even though we had put a decent amount down, were were suddenly upside down for over a year.That would certainly irritate recent buyers of the RAM truck who paid $70K+.