Chrysler Ends Money Back Guarantee, Extends Incentives
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 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.
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.
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.
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.
3 Steps Every Car Buyer Needs to Take to Save Maximum MoneyThe key to getting the best deal is to gather price or lease bids from as many local dealers as possible. Then shop that best price around until no one can beat it. Here are the steps:
Step 1 Get Prices From My Trusted NetworkSelect the vehicle you're interested in to see if there are local dealers in my network who will provide you with their best upfront price. You will get direct access to an internet sales manager who you can further negotiate with online (no need to visit dealership).
Step 2 Get Prices From TrueCar / CarsDirectTrueCar, and CarsDirect are my top 2 online price quote recommendations. These services show you pre-negotiated prices from dealers closest to you - and the deals are usually pretty decent. But remember, you can still negotiate further.
Step 3 Complete my ChecklistFollow this up with my checklist to make sure you squeeze out every last bit of savings.
- Gregg Fidan
Each week, I'll keep you up-to-date on the latest car deals and news that might affect your purchase. This includes...
- Best Rebates, Incentives, and Lease Deals
- Latest Car Buying Scams and Tricks
- The Best & Worst Time to Buy a Car
- Which Cars You Should Avoid