Why Are Chryslers So Cheap? Next Wheeler Got [5 Reasons]
When you are on the market to buy a new car, you will eventually wonder why are Chryslers so cheap.
The cheap pricing of Chrysler cars is due to several factors, including build quality, style, fuel efficiency, and sacrificing luxury, to name a few. An owner also stated that Chrysler vehicles are low quality junk which is why they are less expensive.
To take a closer inspection, I made this comprehensive guide describing Chrysler’s affordability, reliability, and performance. Continue reading.
Are Chryslers cheap?
The straightforward answer is, yes, Chrysler cars are cheap.
Find the below chart where I compared the price of other cars with Chrysler models.
| Model Name | Base Price |
|---|---|
| Chrysler Pacifica | $26,995 |
| Honda Odyssey | $29,990 |
| Toyota Sienna | $30,750 |
| Toyota Sienna AWD | $48,615 |
| KIA Carnival | $33,275 |
| Chevy Malibu | $36,200 |
| Dodge Charger | $40,895 |
| Ford Taurus SE 3.5-liter V6 | $29,000 |
From the above chart, it is evident that Chrysler models are more affordable than other cars. Here, one thing to keep in mind, these are starting prices of the models.
The price difference between Chrysler and other cars is between $3,000 – $22,000. This difference may raise one question, are Chryslers good cars? In fact, Chryslers are affordable non-luxury cars having above-average reliability.
Why Are Chryslers So Cheap?
By now, you already understand that Chrysler cars are cheap. So, one question might have popped up in your mind, why is that?
Chrysler vehicles is that quite a few changes came about that year that made Chrysler the cheapest brand to own today, according to Consumer Reports.
In this section, I will share the answer to your question.
1. Build Quality
Sadly, Chryslers suffer from poor build quality in terms of build and design. This brand is trying to ensure excellent built quality, but they are still behind other automotive brands.
Different Chrysler cars showed several common problems like valve stem corrosion, engine stalls, warped door panels, high oil consumption, etc. All these problems arise due to poor build quality.
Along with questionable construction, advanced features are released without being tested. For example, the Uconnect Infotainment system is an interesting and innovative technology. However, users experienced so many problems with it. The system often boots into a blank screen. Also, it freezes when you drive the car into REVERSE. Sometimes, it is unresponsive to touch. Chrysler didn’t solve the issues correctly while releasing newer models with this feature.
In reality, Chrysler stepped up into manufacturing quality cars over the last few years; they are still lagging behind.
2. Fuel Efficiency
While buying a new or used car, a customer first checks fuel efficiency. Having a car with good fuel efficiency will let you save a lot of valuable money for sure. This feature is especially beneficial for those who drive a car regularly.
Chrysler has been the least fuel-efficient manufacturer for 9 years running, according to the EPA 2020 Report.
Additionally, the average fuel efficiency across all other cars is 21.8 mpg. When discussing Chrysler models, they have combined (highway + city) fuel efficiency is 23 mpg.
Moreover, the owners of the Chrysler 200 2.4L Tigershark engine stated that this car’s oil consumption is a quart per 1,000 miles. Even some owners say the engine light didn’t notify them regarding the low engine oil. As a result, this model causes high oil costs.
Although the Chrysler Pacifica Hybrid offers excellent fuel consumption with 82 miles per gallon, quite impressive, isn’t it?
3. Lowest Rated Customer Satisfaction
As per the American Customer Satisfaction Index, Chrysler received only 70 out of 100. While brands that scored less than 80 are providing poor customer satisfaction, Chrysler is worst in the case of offering customer service.
5,000 random participants gave the score based on a few categories: technology, gas mileage, warranty, dependability, comfort, safety, interior, and exterior.
Clearly, poor fuel efficiency significantly affected getting the lowest mark. But a car brand scores the lowest mark among many car brands after considering all those categories doesn’t make it a good vehicle maker.
4. Sacrificing Luxury
Chryslers prioritize speed and performance over aesthetics. The cabins of these cars are not that eye-catchy, having standard leather on the seat and upholstery. In fact, the manufacturer doesn’t emphasize aesthetics, comfort, and innovation in the interior.
Generally, Chryslers are manufactured for the middle class. For this reason, they symbolize the entry-level segment and luxury.
5. Minimal Changes between Models
Chryslers are cheap because they don’t change much between models. This means they don’t seem new or exciting compared to other cars. Because of this, people might not think they’re worth as much money.
Since Chryslers don’t have many unique features, some people see them as not having the fancy stuff other cars do, which makes them seem more affordable.
What is the Cheapest Car that Chrysler Makes?
Chrysler has been a well-respected brand in the automobile industry for several years. Here are the most affordable Chrysler models for you.
2020 Chrysler Voyager
The starting price of the 2020 Chrysler Voyager is $26.985.
It comes with almost the same features as the 2019 Pacifica. This vehicle offers great value at an affordable price. The included features are,
- Ample space in the cargo
- Spacious interior for passengers
- Towing capacity of 3,600 lbs.
- Sophisticated-looking cabin
- Gentle ride
- Strong V6 engine
- User-friendly technology
- Good fuel economy
And many more
The V6 engine generates a power of 287 HP, letting you drive in every condition. Its engine is combined with a 9-speed automatic transmission. Overall, it is a comfortable minivan suitable for daily commuting.
Chrysler Voyager L
The base price of this trim is $26,985. It comes with the below exciting features,
- Cloth upholstery
- Stow n’Go third-row bench seats
- Remote keyless entry
- Rearview camera
- 2 second-row bench seats
- Uconnect infotainment system
You will love to know that this model lets you add some extra safety features. For this, you have to buy the SafetyTec Group package at $495. Buying this package, you will get additional safety features, including blind spot monitoring, sensors for rear parking, and alert during cross traffic in Chrysler Voyager L. Additionally, in order to get Tri-zone automatic climate control features, you will have to spend an extra $445.
Chrysler Voyager LX
The base price of these trims starts from $29,795. At the price range, it offers many incredible features, which are listed below,
- Satellite Radio
- 2 second-row bucket seats
- 8-way power adjustable driver’s seat
- In-floor bins for storage
Happily, you don’t have to spend extra for the SafetyTec Group package and Tri-zone automatic climate control.
However, if you want a rear overhead DVD player, the cost will be $995. Moreover, for a heated front seat and leather-wrapped steering wheel along with a remote start, additional bucks will be $495.
2020 Chrysler 300
Chrysler launched the 300 models in 2005. It undergoes several constant revisions and updates. The base price of this model is $31,995. This model is available in 2 trims: the 300S includes a patented V6 engine, and the other one is 300C, which features a smooth V8 engine. Both have the below features.
- Smooth and robust engine for a comfortable driving
- User-friendly infotainment technology
- Well-designed cabin
- Excellent suspension
- Standard 20” wheels
- Aggressive and sporty look
- Heated and power-adjustable front seats
- Adjustable lumbar support
- Adaptive cruise control
- Lane-keeping Assist
All innovative and upgraded technologies are used in these trims for customer satisfaction.
Chrysler cars are still cool and fun to ride. The above models offer excellent features at an affordable price range. This company still remains the same with all its great technologies.
How Reliable Are Chryslers?
Chrysler has hit some rough patches during its 100 years in the automotive industry. With so many ups and downs, this company is still one of the powerful and reliable automobile companies. Although it doesn’t mean Chryslers are reliable.
The reliability rating of a car depends on a few factors, such as,
- Repairs cost
- Breakdowns frequency
Now, when a car comes with the below features, you can call it reliable.
- Fewer recalls
- Inexpensive repairs
- Strong warranties
Based on the 2021 Consumer Reports, Chrysler ranked 8th top brand for the year. The best thing is Chrysler jumped 10 sports from its earlier year.
Moreover, the Chrysler 300 scored 78 out of 100. Also, it received 4-star out of 5 for owner satisfaction and predicted reliability.
On the other hand, another model Pacifica Minivan got only 2-star out of 5 in the case of predicted reliability. Whereas it scored 4 out of 5-star for user satisfaction.
The reality is this high score doesn’t actually align with the public reputation. The main reason is they pulled themselves from extinction several times. This brand is still working on manufacturing well-designed and dependable cars.
Why are Used Chryslers so Cheap?
Used Chryslers often come at a lower price. Here I shared the reasons.
1. Cost of Parts
Used Chryslers tend to be more affordable due to the relatively high cost of parts for repairs and maintenance. Compared to other brands, replacement parts for Chryslers can be pricier, increasing the overall ownership expenses.
2. Downtime
Chryslers often experience more downtime because of frequent repairs and maintenance issues. This decreased reliability leads to lower resale values, making buyers hesitant to pay a premium for a used Chrysler when other vehicles offer lower maintenance costs and better dependability in the same price range.
Do Chryslers Hold Their Value?
Chrysler cars struggle to hold their resale value. Even the Chrysler 300 model scores poorly. Chrysler’s depreciation rate flattens within 6 years, which is when you bargain for an older model.
Find the below list of Chrysler’s depreciation to get a better idea of its resale value.
| Year | Depreciation | Residual Value | % Left | Value Rating |
|---|---|---|---|---|
| 2022 | 0.00% | 100% | 100% | |
| 2021 | 14.91% | 85.09% | 91.67% | |
| 2020 | 17.21% | 82.79% | 8.33% | Best |
| 2019 | 21.57% | 78.43% | 75.00% | Better |
| 2018 | 25.94% | 74.06% | 66.67% | Good |
| 2017 | 35.16% | 64.84% | 58.33% | Good |
| 2016 | 44.18% | 55.82% | 50.00% | Better |
| 2015 | 49.28% | 50.72% | 41.67% | |
| 2014 | 58.49% | 41.51% | 33.33% | |
| 2013 | 63.21% | 36.79% | 25.00% | |
| 2012 | 64.28% | 35.72% | 16.67% | |
| 2011 | 68.72% | 31.28% | 8.33% | |
| 2010 | 79.29% | 20.71% | 0.00% |
The Chrysler 2020 model is the best model that holds its value among all other versions. With this model, you have to spend 83% of the price of a new car, with 83% of the useful life remaining on the car.
In addition, the 2019 and 2016 model year also holds good value for the price. When preparing the chart, I considered the below factors,
- Current prices
- Actual new prices
- Maintenance and repairs cost
- Remaining years of overall expectable expenses
