Building on the concept of its bold ‘Minivan Pledge’ program, Chrysler has announced that it will be offering a Risk-Free purchase plan for most new Chrysler, Dodge, Jeep and Ram vehicles. The program, which began on July 8; will essentially allow those customers not happy with their new vehicle to return it back within 60 days, plus Chrysler will make the first two monthly payments on behalf of the consumer up to $500 per month or $1000 in total.
However, like any such incentive, there are strings attached. Buyers who elect to return their vehicle won’t be reimbursed for taxes, licensing costs or other fees and although normal wear and tear is acceptable, damage cost to the vehicle cannot total more than $200. If it does, the vehicle won’t be accepted back. Also like many lease agreements there are mileage restrictions and the new Chrysler, Dodge or Jeep vehicle cannot be driven more than 4000 miles from the delivery date in order to qualify for the program. Also only one vehicle return is allowed per customer and those that do won’t be able to get their original trade-in back.
Alongside this program, Chrysler is offering other incentives in July to help clear existing stock for the upcoming 2011 models, including more ‘traditional’ programs such as zero percent financing for 60 months and up to $3000 cash back on selected models.
With all these incentives on the table, if you’re looking to buy a new Chrysler, Dodge or Jeep vehicle, there’s no better time to do it than during the summer.