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View Full Version : Chrysler offering $2.99 gas to new car buyers for 3 years



Chip R
05-08-2008, 03:28 PM
http://autos.yahoo.com/articles/autos_content_landing_pages/565/chrysler-offers-gas-card-as-incentive/;_ylc=X3oDMTE0czZzZjBqBF9TAzI3MTYxNDkEc2VjA2ZwLXRv ZGF5BHNsawNnYXMtY2FyZA--

GoReds33
05-08-2008, 03:34 PM
That's a smart idea, and I'm sure it will sell tons of cars.

redsmetz
05-08-2008, 04:11 PM
I heard a big caveat - it's three years or 12,000 miles which ever comes first. At around 25 Miles/Gallon, that would be 480 gallons, so even at $4.00, that's just less than $500. I'm not going to sneeze at $500, but it's more gimmick, IMO.

durl
05-08-2008, 04:22 PM
Interesting.

$1000 cash back offers are just as good, and actually better in some cases. Of course, if gas hits $4/gallon it would mean greater savings. Their figures (at 28 mpg) would mean a savings of around $325/year if gas costs $3.75 per gallon.

macro
05-08-2008, 04:46 PM
I heard a big caveat - it's three years or 12,000 miles which ever comes first. At around 25 Miles/Gallon, that would be 480 gallons, so even at $4.00, that's just less than $500. I'm not going to sneeze at $500, but it's more gimmick, IMO.

It's actually three years of up to 12,000 miles per year, so the total savings could be $480 per year for a total of less than $1500. But your point is still valid. It's a gimmick, and not as good as cashback incentives and no better than discounted financing.

dabvu2498
05-08-2008, 04:50 PM
I bought a Dodge in October of 07. I'm over 13k miles already. :lol:

MrCinatit
05-08-2008, 05:07 PM
On a sort of related note, Chrysler's CEO is Bob Nardelli - who was CEO of Home Depot until last year.
Look at what the guy did to Home Depot during his reign there.

Ltlabner
05-08-2008, 05:36 PM
More importantly, will they give you assistance when your crappy Chrysler transmission craps out at 77,000 miles?

dabvu2498
05-08-2008, 05:41 PM
More importantly, will they give you assistance when your crappy Chrysler transmission craps out at 77,000 miles?

Lifetime powertrain warranty.

http://www.chrysler.com/en/lifetime_powertrain_warranty/faq.html

Ltlabner
05-08-2008, 05:45 PM
Lifetime powertrain warranty.

http://www.chrysler.com/en/lifetime_powertrain_warranty/faq.html

Shame they didn't have that when I bought the car in 2004 and it died in 2005.

Chip R
05-08-2008, 05:46 PM
It's a great promotion. Even if it doesn't save you any more money than cash back, in people's minds it does and that's the important thing.

RedsManRick
05-08-2008, 06:17 PM
It's a smart promotion. Sure, it's not worth any more than the cash back bonus unless gas prices go nuclear and shoot up into the $6.00+ range -- which is a non-zero possibility. But there's some attractiveness in the cost certainty aspect of it. There's a lot of value to some people in minimizing their downside instead of maximizing their upside.

And given that it's topical, it means more than just cash to some people. I can imagine people thinking -- "wow, not having to worry about gas prices for the next 5 years! That's worth a lot more than 10% of my credit card debt..."

Ltlabner
05-08-2008, 06:40 PM
From a marketing perspective it's a pretty slick deal.

From a financial perspective it's a non-starter. Give me $500 right now in my hand, not a few pennies here and there spread over 3 years (or 4 months based on the number of miles I drive).

Not to mention they aren't doing this out of the goodness of their hearts. That cost is burried somewhere in there and more than likely they've snunk in an extra $700 to cover the $500 in "free" gass and still make another $200 off you. Or they woln't give you as much on a trade in. Or the "destination charge" will suddenly be $500 more. So you are going to loan them $700 now for them to dole you out $500 in bits and pieces over the course of 12,000miles? And that $700 you "loaned" them was likely financed meaning you just borrowed money to give it to someone else and they will pay you back less money and zero interest.

As others have said, purely a gimmick. If you love Chryslers and have negotiated the best deal possible, gotten the most for your trade in, and the lowest interest rate possible the $500 gimmick can't hurt (I wouldn't turn in down) but you'd be silly to factor that into any sort of financial comparison against another vechile.

Red in Chicago
05-08-2008, 09:28 PM
From a marketing perspective it's a pretty slick deal.

From a financial perspective it's a non-starter. Give me $500 right now in my hand, not a few pennies here and there spread over 3 years (or 4 months based on the number of miles I drive).

Not to mention they aren't doing this out of the goodness of their hearts. That cost is burried somewhere in there and more than likely they've snunk in an extra $700 to cover the $500 in "free" gass and still make another $200 off you. Or they woln't give you as much on a trade in. Or the "destination charge" will suddenly be $500 more. So you are going to loan them $700 now for them to dole you out $500 in bits and pieces over the course of 12,000miles? And that $700 you "loaned" them was likely financed meaning you just borrowed money to give it to someone else and they will pay you back less money and zero interest.

As others have said, purely a gimmick. If you love Chryslers and have negotiated the best deal possible, gotten the most for your trade in, and the lowest interest rate possible the $500 gimmick can't hurt (I wouldn't turn in down) but you'd be silly to factor that into any sort of financial comparison against another vechile.

hello mr. glass is half empty ;) just playin' wit ya:D

GAC
05-08-2008, 09:39 PM
It's a smart promotion because the American public is pretty naive. ;)

OldRightHander
05-09-2008, 12:06 AM
I bought a Dodge in October of 07. I'm over 13k miles already. :lol:

Amateur. I've done that in the last month.

15fan
05-09-2008, 12:33 PM
If only the American automobile companies put as much time & effort into innovating their cars as they do their promotions, they might not be getting bludgeoned by foreign manufacturers.

I can't even fathom looking for a car and considering a Chrysler/GM/Ford.

Cyclone792
05-09-2008, 01:00 PM
If only the American automobile companies put as much time & effort into innovating their cars as they do their promotions, they might not be getting bludgeoned by foreign manufacturers.

I can't even fathom looking for a car and considering a Chrysler/GM/Ford.

I'm with you. I bought a new car last October, and I didn't even look at any of those makes.

It was Honda/Acura/Toyota, and I ended up buying a Honda.

Chip R
05-09-2008, 01:05 PM
I'm with you. I bought a new car last October, and I didn't even look at any of those makes.

It was Honda/Acura/Toyota, and I ended up buying a Honda.


Same here. Before I wrecked my car, I was looking for a different car and I was only looking at Toyotas and Hondas. I ended up buying a Corolla.

MWM
05-09-2008, 01:56 PM
I'm with you. I bought a new car last October, and I didn't even look at any of those makes.

It was Honda/Acura/Toyota, and I ended up buying a Honda.


I'm the same. Had to replace my Chevy mini-van in January (piece of junk) and I only considered Honda or Toyota. They're just better vehicles. We love our Honda.

15fan
05-09-2008, 03:37 PM
In 13 years, we've had 4 Hondas, a Volvo, and a BMW. In searching along the way, we've also looked at various models by VW, Infiniti, and Acura.

I've yet to see a US Big 3 car that can hold a candle to anything that we've owned / considered. And it's not like we've owned or shopped at the high end of the market.

Every time we rent a car, I become more convinced that the US auto industry has fallen so far behind so many other manufacturers that there's no way they'll ever catch back up in terms of producing the best cars on the market.

Ltlabner
05-09-2008, 05:36 PM
I'm with you. I bought a new car last October, and I didn't even look at any of those makes.

It was Honda/Acura/Toyota, and I ended up buying a Honda.

Same here. Went with the Toyota and never even considered an American make. My wifes van is a Ford Windstar and is a complete piece of crap. Thats in addition to having the afromentioned Crysler that died after 77,000miles. It will take a lot to even consider buying an American vehicle for a long, long time.

RBA
05-09-2008, 06:16 PM
Shame they didn't have that when I bought the car in 2004 and it died in 2005.

Did you drive over 70,000 miles in that one to two years? That was the Powertrain Warranty on my Jeep (Chrysler) and I bought it August 2003. 7 years 70,000 miles.

RBA
05-09-2008, 06:22 PM
Not a good deal compared to other incentives that would be voided if you take the gas offer.

For Example: I could get $5500 standard rebate off a Dodge Ram 1500, plus another $2000 for being a Chrysler owner already (loyalty rebate), plus another $500 for being military/college student for a total of $8000 in rebates. It's obvious, I choose the money off up front. Not to mention, Chysler maybe out of business in 1 year, what's the chances they honor the gas promotion in that case?

GAC
05-09-2008, 08:12 PM
As a Honda associate who works in Quality, I want to thank each and every one of you below. We bust our butts for you. :lol:

But what you say is true, and I don't say that because I work there either. I just bought my second Honda - an '08 Civic. My wife drives an '06 Odyssey. We love them. After having owned both a Voyager and Caravan, they can't even come close to the Honda.

When you have people putting 200,000 miles + on a vehicle, then that says something about that company. I've got many co-workers who bought Hondas back in the mid-90s and are still driving them as work cars. And that is why I bought mine. I take care of my cars and drive them for a long time.

I've been at Honda for 14 years. And what I have discovered about Japanese auto makers is that they are never satisfied, never sit still; but are constantly striving, pushing to improve their product. They, like their cars, are very driven.

But the American car manufacturers probably hate to read the below statements....


Same here. Went with the Toyota and never even considered an American make. My wifes van is a Ford Windstar and is a complete piece of crap. Thats in addition to having the afromentioned Crysler that died after 77,000miles. It will take a lot to even consider buying an American vehicle for a long, long time.


I'm the same. Had to replace my Chevy mini-van in January (piece of junk) and I only considered Honda or Toyota. They're just better vehicles. We love our Honda.


Same here. Before I wrecked my car, I was looking for a different car and I was only looking at Toyotas and Hondas. I ended up buying a Corolla.


I'm with you. I bought a new car last October, and I didn't even look at any of those makes.

It was Honda/Acura/Toyota, and I ended up buying a Honda.


If only the American automobile companies put as much time & effort into innovating their cars as they do their promotions, they might not be getting bludgeoned by foreign manufacturers.

I can't even fathom looking for a car and considering a Chrysler/GM/Ford.

Ltlabner
05-09-2008, 09:14 PM
Did you drive over 70,000 miles in that one to two years? That was the Powertrain Warranty on my Jeep (Chrysler) and I bought it August 2003. 7 years 70,000 miles.

Well, I left out some detail to avoid boring people. I bought the car used and it had 13,000 or so miles on it. Did the rest in the next year & a half. I don't normally get them, but I had gotten the extended warrenty so even though I was past the normal warrenty period the extended deal picked up the costs.

But I need a reliable vechicle for my work. Dropping a tranny at 77,000miles, especially when Chrysler trannies aren't the most reliable was enough of a red flag to drop that car like a hot potato. I had paid it off anyway.

RBA
05-09-2008, 10:19 PM
I have a 97 Ford Escort nearing 100,000 miles
And I have a 2003 Jeep Grand Cherokee about 90000 miles

No problems.

KronoRed
05-10-2008, 12:46 AM
I have a 94 Escort (made in Mexico) with 223,000 miles and still going strong.

Wouldn't buy an escort/focus today though

Razor Shines
05-10-2008, 12:50 AM
I have a 94 Escort (made in Mexico) with 223,000 miles and still going strong.

Wouldn't buy an escort/focus today though

I had an '02 Focus with 160,000 miles on it and it was still going strong. Some lady smashed into my wife and totaled it in November. I can't really think of one thing on the car I would complain about though.

MWM
05-10-2008, 12:44 PM
My 96 Nissan Maxima has 274k miles on it and it still runs great.

savafan
05-10-2008, 12:47 PM
I've owned 7 cars, 2 of which have been Fords, the best 2 cars I've owned.

Raisor
05-10-2008, 01:17 PM
Same here. Before I wrecked my car, I was looking for a different car and I was only looking at Toyotas and Hondas. I ended up buying a Corolla.

I love my Corolla.

Her name is "Pepper"

BRM
05-12-2008, 04:36 PM
A friend of mine has a Dodge Ram 3500 with over 300,000 miles on it. Never had a problem until this past month when they had to have some transmission work done. It's a Cummins though so you wouldn't expect many engine problems anyway. Not all American cars/trucks are crap.

It really depends on what you want/need. If you need a heavy duty truck (i.e. diesel), American is the only real choice. If you are looking at mini-vans or sedans, I'd probably be looking at Toyota and Honda too.

Ltlabner
05-12-2008, 05:23 PM
There are lots and lots of people who have the "gazillion miles on a Toyota" story and a few with lemons. Everybody puts out a clunker.

There are lots and lot of people who have lemons with American designed autos and a few with a gazillion miles on them.

I like my odds with Toyota/Honda better.

BRM
05-12-2008, 05:25 PM
There are lots and lots of people who have the "gazillion miles on a Toyota" story and a few with lemons. Everybody puts out a clunker.

There are lots and lot of people who have lemons with American designed autos and a few with a gazillion miles on them.

I like my odds with Toyota/Honda better.

Once again, depends on what you are looking for. If you want a heavy duty farm or construction truck, you won't be buying a foreign made one.

In general, I agree with you though.

redsfanmia
05-12-2008, 07:13 PM
I am currently looking for a new car I have cut it down to a Jeep Patriot (I can get the chrysler employee discount), and a Jetta. I have looked at Civics but I like the other two better for the comparible price. Has anyone ever owned a Jetta?

redsfanmia
05-12-2008, 07:16 PM
Once again, depends on what you are looking for. If you want a heavy duty farm or construction truck, you won't be buying a foreign made one.

In general, I agree with you though.

I grew up on a farm and my dad had 5 or 6 tractors during my life and the best one was a Kubota (sp?), it was much better than the 4 John Deere's he owned.

BRM
05-12-2008, 08:33 PM
I grew up on a farm and my dad had 5 or 6 tractors during my life and the best one was a Kubota (sp?), it was much better than the 4 John Deere's he owned.

There are some farmers who will say that. There are others who wouldn't trade their Deere for anything. Tractors are a different animal than trucks.