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July 22, 2009



Chrysler Group LLC Announces New “Double CA$H For Your Old Car” Incentive Program

* Every consumer shopping for a new vehicle qualifies

* Consumers can receive up to $4,500 for the purchase of an eligible, new 2009 Model Year Chrysler, Jeep® or Dodge vehicle

* Chrysler Group incentive is in addition to the U.S. Government “CARS” program. Consumers with an eligible trade-in under the CARS program can receive up to $9,000 towards the purchase of an eligible new Chrysler, Jeep or Dodge vehicle

Auburn Hills, Mich. , Jul 22, 2009 - Chrysler Group LLC today announced new incentives, “Double CA$H for Your Old Car,” that can save consumers up to $9,000 toward the purchase of a new Chrysler, Jeep® or Dodge vehicle.

“Everyone shopping for a new car or truck qualifies for an incentive of up to $4,500 – even if they don’t have a vehicle that qualifies under the U.S. Government’s program,” said Steven Beahm, Vice President – Sales Operations, Chrysler Group LLC. “This incentive is great in that it’s easy to understand and available to everyone.”

Beginning July 23, 2009, Chrysler Group LLC will offer up to $4,500 Consumer Cash or 0 percent financing for 72 months through GMAC Financial Services on most 2009 model vehicles. These incentives are valid through August 31, 2009.

July 23, 2009 also marks the start of the U.S. Government’s Car Allowance Rebate Systems (CARS) program, more commonly known as “cash for clunkers.” The CARS program offers a government credit of either $3,500 or $4,500 for trading in an inefficient vehicle that is not more than 25 years old for the purchase of a new vehicle. The amount of the credit is determined based on the fuel-economy improvement between the turn-in vehicle and the new vehicle purchased.

“The administration’s program is aimed at getting less fuel-efficient vehicles off the road, and for vehicles that meet the requirements, offers a great incentive to do so,” Beahm said. “But we didn’t want consumers without qualifying vehicles to feel left out so we are offering up to $4,500 to everyone.”

Chrysler Group offers consumers 35 Chrysler, Jeep and Dodge vehicles from which to choose at almost 2,400 Chrysler, Jeep and Dodge dealerships located across the United States.

About Chrysler Group LLC
Chrysler Group LLC, formed in 2009 from a global strategic alliance with Fiat Group, produces Chrysler, Jeep, Dodge, Mopar® and Global Electric Motors (GEM) brand vehicles and products. With the resources, technology and worldwide distribution network required to compete on a global scale, the alliance builds on Chrysler’s culture of innovation – first established by Walter P. Chrysler in 1925 – and Fiat’s complementary technology – from a company whose heritage dates back to 1899.

Headquartered in Auburn Hills, Mich., Chrysler Group LLC’s product lineup features some of the world's most recognizable vehicles, including the Chrysler 300, Jeep Wrangler and Dodge Ram. Fiat will contribute world-class technology, platforms and powertrains for small- and medium-sized cars, allowing Chrysler Group to offer an expanded product line, including environmentally friendly vehicles.

Government Web Site:CARS.gov - Car Allowance Rebate System - Home - Formerly Referred to as “Cash for Clunkers”
 

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But Not Much Qualifies!

Chrysler Offers Double Cash for Clunkers Cash, But Not Much Qualifies
Posted Today 10:11 AM

Filed under: Cash for Clunkers, Chrysler

Hoping to spur interest in its struggling brands, Chrysler is offering additional cash incentives or low interest rates on top of the government's CARS program, saving buyers up to $9000 off the sticker price. Before you get excited, though, check the list of eligible vehicles, because less than half of Chrysler's 35 vehicles qualify. And the majority of those that do are less than desirable.

"Everyone shopping for a new car or truck qualifies for an incentive of up to $4,500 -- even if they don't have a vehicle that qualifies under the U.S. Government's program," said Steven Beahm, Vice President of Sales Operations for Chrysler. "This incentive is great in that it's easy to understand and available to everyone. The administration's program is aimed at getting less fuel-efficient vehicles off the road, and for vehicles that meet the requirements, offers a great incentive to do so. But we didn't want consumers without qualifying vehicles to feel left out so we are offering up to $4,500 to everyone."


So, even if you're driving a relatively efficient old car and don't qualify for CARS, Chrysler will still set you up with up to $4,500 in incentives or 0% interest for 72 months (6 years) on a new Chrysler, Dodge or Jeep vehicle. If your old car does qualify for CARS, you could get up to $9000 off your new car. Remember though that the CARS voucher counts as your trade-in, so make sure your old car is less worth than that on the street.

Of course, to get the maximum $9000 from Chrysler's "Double CA$H for your Old Car" program, you'll need to have an old car that gets an EPA-estimated 18 mpg combined or less and trade up to a car that gets 22 mpg or better or a truck or SUV that gets 18 mpg or better. What's more, your clunker will have to get an EPA-estimated 12 mpg to 18 mpg combined to get the maximum voucher for a car and 13 mpg to 18 mpg for a truck or SUV. If your vehicle got even worse mileage than that new, you're in good shape as far as CARS is concerned.

To get the full $9000 from Chrysler, there are a few other catches. First, none of Chrysler's vehicles get 28 mpg combined, so your clunker will need to get 17 mpg or worse, not the government-mandated 18 mpg or worse. Even then, your only option will be the Dodge Caliber, and we're definitely not talking about the SRT-4 model. It qualifies, but it only gets 22 mpg combined, meaning your clunker will need to get 12 mpg or worse to get the full rebate.

If your clunker gets 14 mpg combined, your options start to open up a bit more. Now you can also get the Chrysler Sebring and Dodge Avenger, which get as much as 24 mpg combined with their four-cylinder engines. To get a V-6, though, you'll need a 12 mpg clunker. If you've got a clunker that gets a dismal 13 mpg combined, you also qualify for the PT Cruiser.

Unfortunately, that's it for the cars. Your options are the Caliber, Avenger, Sebring or PT Cruiser. Step up to a new SUV, though, and you get several more options. If your clunker squeaks in at 18 mpg, you can pick up a new four-cylinder Jeep Compass or Patriot. Larger engines or four wheel-drive powertrains will cost you, though. To get either, your clunker will need to get 17 mpg or worse for the Compass or 16 mpg or worse for the Patriot. Also available are the 2WD versions of the Dodge Nitro and Jeep Liberty and Grand Cherokee (V-6 of course), but to get them, your clunker will need to get 13 mpg or worse. To swing a Chrysler Town and Country or Dodge Grand Caravan, your clunker will need to get 15 mpg or worse for a base model and 13 mpg or worse for a bigger engine.

Stepping up to a truck, your only small-truck option is the Dodge Dakota, and only if it's a V-6 model and your clunker gets 13 mpg or worse. If you want a Ram, your clunker will also need to get 13 mpg or worse. Same story with the Sprinter van. The Ram 2500 won't get you the maximum incentives but does qualify for CARS.

So there you have it. Four cars, two minivans, six SUVs, two trucks and a cargo van, most of which can only be equipped with either smaller engines or 2WD only in order to qualify for the maximum rebates from the government and Chrysler. If you're willing to settle for a maximum $8,000, your options on these vehicles listed above will expand further, but won't include any other Chrysler models.

For more on CARS, check out our picks and all qualifying models HERE.Cash For Clunkers - Our Unofficial Guide to the U.S. Government's CARS Program - Motor Trend

LINK: Chrysler Offers Double Cash for Clunkers Cash, But Not Much Qualifies | Motortrend News & Auto Blog - Wide Open Throttle
Source: Chrysler
 

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Cash for Cars --Not Just Clunkers

July 23, 2009

Cash for Cars --Not Just Clunkers
Steven Beahm - Vice President – Sales Operations, Chrysler Group LLC


I’m pleased to let you know about our “Cash for Cars” promotion that, together with the Federal government’s “Car Allowance Rebate Systems” (CARS) could put up to $9,000 back into your pocket.
Here’s how it works:

The CARS program (you may know it better as “Cash for Clunkers”) is a move to induce drivers to trade in their older, less fuel efficient vehicles for newer cars and trucks with modern technology that allows them to use a lot less fuel. That inducement is money…from $3,500 to $4,500.
But what if you don’t have a “clunker” that qualifies under the program but still want a more fuel efficient model? Or. what if you do, but the government isn’t offering enough cash to convince you to trade-in your current ride? That’s where Chrysler is going to help you out.

Regardless of whether or not your trade-in qualifies for the CARS program, we’re offering up to $4,500 cash or 0% financing for 72 months when you buy an eligible new Chrysler, Jeep® or Dodge vehicle July 23rd through August 31st.
If your trade-in does qualify under the CARS program, which also begins July 23rd, then your total cash back can climb to as much as $9,000.

Additionally, Chrysler Group announced an owner incentive on July 1 which is an additional incentive of $750 for current Chrysler Group owners who have vehicles that qualify under the CARS program. That incentive remains valid through July 31, 2009.

You won’t have any problem finding a Chrysler, Jeep or Dodge to fit your needs and budget with 35 different models to choose from available at almost 2,400 Chrysler, Jeep and Dodge dealerships across the U.S.

So whether you’re anxious to replace your older model with one that uses less fuel, or are simply ready for something new, this is a great time to visit a Chrysler, Jeep and Dodge dealership and come up with a fresh set of wheels and a pocket full of cash.
 
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