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Chrysler takes Sebring back to the drawing board for new 200

Chrysler has loaded its new 2011 Chrysler 200 with new features, hoping to succeed in the midsize sedan market when the car reaches showrooms next year.

The automaker even changed the vehicle's name, since it was widely panned when it was known as the Chrysler Sebring, according to USA Today. Many car leasing customers opted instead for rivals like the Toyota Camry, Ford Fusion, Nissan Altima, Chevrolet Malibu or Hyundai Sonata.

To win back some of those drivers, Chrysler has reshaped the exterior body with new designs for the fascias and fenders, head- and tail lamps, and the grill, hood and trunk. A new suspension and more widely-spaced tires should also produce a more stable ride, while 45 new sound-damping treatments could provide a quieter cabin.

Finally, buyers who sign a vehicle lease for a 200 will get a choice of a 2.4-liter, four-cylinder engine that produces 173 horsepower or a more powerful 3.6-liter Pentastar V-6 engine with 283 horsepower.

"Today's customer is smarter and they expect their vehicle to be smart as well. They want beauty coupled with substance," said Olivier Francois, CEO of the Chrysler brand. "The new Chrysler 200 delivers reliability, capability, comfort, safety, fuel efficiency and style."

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Time Magazine

Websites like Swaplease.com have helped facilitate such transactions. You pay to dump a lease, but the price can be thousands less than you would owe if you turned the lease in early to a dealer. Meanwhile, buyers can pick up some sweet rides for hundreds less than their normal cost, with short-term contracts and no down payment.

USA Today

Consumers aren't limited to what's being offered on the auto lots. They can buy a car, or take over someone else's lease on Web sites like Swapalease.com, a popular site that act as matchmakers between buyers and sellers.

Wall Street Journal

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