Posted on 05/06/2008 10:14:29 PM PDT by 2ndDivisionVet
Chrysler is offering to subsidize the cost of gasoline for car and truck buyers, but its biggest rivals — General Motors, Toyota and Ford — said Tuesday they have no plans to match it.
The Auburn Hills-based maker of Chrysler, Dodge and Jeep vehicles on Monday night announced an offer that caps the price of gasoline at $2.99 a gallon for three years for people who buy or lease new vehicles from Wednesday through June 2. The offer covers most of its models and is based on 12,000 miles of driving per year and the vehicle’s government fuel economy rating.
Chrysler's “Let’s Refuel America” program, which looks designed to lure new car buyers into its dealerships — it gives buyers of most of its vehicles at Chrysler, Jeep and Dodge dealerships a card that can be used for purchases of gas or diesel fuel, locking in the price at $2.99 a gallon for three years.
The automaker calls the offer “a gas price protection policy that eliminates the risk of further spikes in fuel prices” and is available at 3,511 U.S. Chrysler, Jeep and Dodge dealerships through June 2, 2008. Vehicles included in the program range from popular new compacts, crossovers and minivans to full-size diesel-powered pickup trucks, Chrysler said.
Actual savings depend on what happens to gas prices during the next three years, but based on the average price of $3.61 a gallon in Detroit as reported Monday by AAA Michigan, someone buying a 2008 Dodge Durango four-wheel-drive sport utility vehicle with a 5.7-liter V-8 engine would save about $414 per year.
(Excerpt) Read more at msnbc.msn.com ...
Build a better car, and people will buy it...
Honda offers only One CNG car, in limited States, and CAN'T meet the demand!
That’s because the CNG cars are all going to fleets, not individuals. And Honda isn’t increasing demand.
CNG went byebye with the 70s and 80s for private cars.
Er, and Honda isn’t *seeing* increasing demand.
Besides, Honda has the FCX Clarity coming, which makes the CNG cars look slow and inefficient.
They are going to get burned big-time. In three years, a gallon of gasoline will probably cost between $5 and $10. I think in the long run they may end up losing money, even if it garners additional sales and business.
So basically this is a $1500 rebate, if and only if the average price of a gallon of gas stays at $3.61 or higher.
And they mark up the V8 over the smaller engines way over the difference in cost, so all they are doing is giving you your own money back.
It all depends on how you look at the world. I see this as, sales challenge calls for marketing solution. There really is nothing desperate about it. They have removed a major impediment to buying their vehicles, the emotional issue of "but what about the gas."
If they were to discount by the same amount they will pay in fuel differential, they still would not have overcome that major sales impediment. I guess that is why some of us are in marketing. Problems like this keep us in work.
Not here. You can get a $4,000 rebate from the government to install a natural gas filling station in our home garage. Match that up to several CNG-only vehicles on the market that also come with government rebates and you can be driving for between $1.00 and $1.60 per gallon filling at home. The car will go about 160 miles on a tank full.
No, they can and probrably are, hedging the price with futures contracts/options.
Of course, if the Gelding Old Party wants to get a testicle & spine implant between now & 11/4 and come up with a platform to get America off our dependency on foreign oil;
GO FOR IT!
I won't be holding my breath. We've had an “oil president” for seven years along with a GOP majority in both houses of Congress for four years and what did they do?
nothing, nada, zip, zero!
As long as the congressional clowns in D.C. are rolling around in gas guzzlers at OUR expense; we can't expect them to do anything about allowing more drilling, more refineries, more nuclear plants or anything else. And the present GOP candidate for POTUS is against drilling in ANWR So there ya have it. If anyone is waiting for an answer form D.C.; they're in for a very long wait.
I learned my lesson during the 70’s oil embargo and started working out of my house in 1979 and never looked back.
As far as Chryser is concerned...I'll take one of those Hemi Challengers, please. And make mine U. of TN Orange! GO VOLS! LOL
Semper Fi,
Kelly
They’re selling you a credit card.
America Supports You: Chrysler Kicks Off Military Appreciation Month
America Supports You | John J. Kruzel
Posted on 05/05/2008 4:50:24 PM PDT by SandRat
http://www.freerepublic.com/focus/f-news/2011680/posts
I am not a Chrysler fan but after having investing a minimal amount of maintenance on our Town & Country I really can't complain.
We still haven't had it tuned up, 2nd air filter, second set of brakes one water pump and 123,000 miles.
Still getting 20 M.P.G. over all.
Oh and we got it used for $11,500 when it was 3 years old.
It had 33,000 miles and the sticker new was nearly $29,000 at the time.
Heated seats, etc. every option except a CD/DVD player.
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