Stagflation? No Worries, Chrysler Has 9.8% Financing On the New 1983 Models!

Murilee Martin
Photo credit: Chrysler Corporation
Photo credit: Chrysler Corporation

From Autoweek

Interest rates close to 10% might seem horrifying today, but after tire-iron-to-the-kidneys economic blows of the decade following the 1973 Oil Crisis, Chrysler's offer of 9.8% financing on a broad selection of Dodges, Chryslers and Plymouths in 1983 looked pretty good to car shoppers. Unfortunately, these deals didn't apply to the Mark Cross Edition LeBaron nor the Shelby Charger.