So, what’s the best way to eliminate risk in this “downturned” market? Chrysler thinks the best plan is to stop allowing people to lease vehicles. For the average person, leases are stupid anyway.

Chrysler LLC said its financing arm would stop offering vehicle leases to U.S. consumers, a sharp break in strategy in response to tighter credit and the plunging resale prices for gas-guzzling trucks.

The abrupt announcement on Friday afternoon was the latest sign of the stress on Chrysler from an industry downturn that has hit all automakers. Earlier this week, Chrysler said it would cut 1,000 white-collar jobs by the end of September.

Next week, they plan to stop offering basic credit as well. Heck, if you don’t have the money to pay it in full, you don’t need a new car, do you?

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