Chrysler Ends Money Back Guarantee, Extends Incentives
Chrysler has ended its 60-Day Guarantee for all other Chrysler brands (except Ram trucks, which run through September.)
Only 21 buyers (out of nearly 200,000) chose to invoke the money-back guarantee instead of taking other Chrysler incentives, such as cash-back or low-interest financing (zero-percent for up to 60 months on 2010 models).
Here is a detailed breakdown on the new incentives being offered:
Ram
Ram continues the 60-day money-back guarantee for 2010 Ram trucks.
- 2010 Ram 1500 Crew Cab financed through Ally Financial are eligible for $3,500 in Consumer Cash.
- 2010 Ram Heavy Duty financed through Ally Financial are eligible for $2,000 in Consumer Cash.
- 2011 Ram Heavy Duty financed through Ally Financial are eligible for $1,000 in Consumer Cash.
Jeep
Zero-percent financing for 60 months or Consumer Cash of up to $4,500 for 2010 models.
- 2010 Liberty, Grand Cherokee or Commander and finance through Ally Financial are eligible for up to $1,000 in Ally Financial Bonus Cash.
- 2011 Grand Cherokee through Ally Financial are eligible for financing rates as low as 1.9 percent for 36 months.
Chrysler
Zero-percent financing for up to 60 months through Ally Financial or Consumer Cash of up to $3,000.
- 1.9 percent financing for up to 72 months through Ally Financial if you purchase a 2010 model.
- Lease a 2010 300, 300C or Town & Country through Ally Financial - bonus cash of up to $2,000.
Dodge
Zero-percent financing for up to 60 months or Consumer Cash of up to $3,000.
- Buyers of the 2010 Charger can choose from zero-percent financing for up to 72 months or Consumer Cash of $3,000.
- lease a 2010 Charger, Journey or Grand Caravan through Ally Financial are eligible for lease bonus cash of up to $2,000.
In other Chrysler news, the company announced it will team up with U.S. Bank to make leasing easier for its customers interested in Chrysler's remaining 2010 models, including the 300, Town & Country, Dodge Charger, Grand Caravan, Journey, Nitro, Jeep Wrangler and Liberty vehicles.
My Recommendation for Car Shoppers
TrueCar No-Haggle, Edmunds Price Promise, and 1-800 Car Show are the quickest way to see the lowest car prices in your area. These sites show you no-haggle prices from dealers closest to you - and the deals are usually really good. This should be the first step you take when negotiating your car price. Follow this up with my checklist to make sure you squeeze out every last bit of savings.California Residents - Important:
There is a new online car buying service called Roadster, available only to California residents, which I highly recommend you try - especially if you hate the stress of haggling with a car salesman. They provide an expert concierge who negotiates the price of the car and delivers it to your home with zero hassle - you never have to interact with a dealership. Here is my in-depth review of Roadster and why I recommend it.- Gregg Fidan
About: Gregg Fidan
Gregg Fidan + is the founder of RealCarTips. After being ripped off on his first car purchase, he devoted several years to figuring out the best ways to avoid scams and negotiate the best car deals. He has written hundreds of articles on the subject of car buying and taught thousands of car shoppers how to get the best deals.
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