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$2.99 a gallon for three years


Ravenfreak13

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Who needs an 18-cent a gallon gas tax holiday from pandering politicians when you have Chrysler on your side! With gas prices rapidly approaching and exceeding $4 a gallon across the nation, Chrysler is offering up a deal that just might make people averse to the looks of cars like the Chrysler Sebring and Jeep Compass think twice. Between now and June 2, anyone who buys any new Chrysler, Dodge or Jeep vehicle will be able to register for a "Let's Refuel America" card. Once the customer registers a credit card with the program, they will receive a new card that they can use the card at participating gas stations to fuel up their new car or truck. When the card is used, the credit card the owner has on file will be billed $2.99 a gallon for either regular gas, E85 or diesel fuel. Chrysler will pay the difference. The best part is the price is locked in for THREE years. Now that's real savings. There are of course limitations on the deal. Get more details on the deal and Chrysler's full press release after the jump.

[source: Chrysler]

SRT models, Vipers, Crossfires (they are still around?) and Sprinters are excluded. Also, when you buy the car your card will only be eligible for the pricing for the fuel the car uses. If you buy a diesel truck you can only buy diesel fuel. Similarly gas or flex fuel cars can only get gas or E85. If you buy the opposite fuel you'll be charged the full price plus and extra $2 transaction fee. There are also annual fuel allotments based on 12,000 miles a year of driving and the EPA sticker mileage.

The card can be be used to fuel any car and if the car is sold within the three years, the owner can keep the card and continue buying fuel at the discounted price. This is one hell of a deal, if it doesn't drive Chrysler into bankruptcy, which is a distinct possibility. Because there is no way of knowing what fuel costs will be over the next three years, Chrysler can't estimate the cost. However, Steven Landry, Executive Vice President - North American Sales said the company is doing some hedging to protect themselves. If the price of fuel dips below $2.99 customers can just pay with another card or cash. The program kicks off on Wednesday May 7, 2008.

SOURCE: Autoblog.com

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... in lieu of rebates or special financing?

...I was wondering the same thing. Couldn't quite tell from the article.

But, dang ... what a program....

Cort:34swm."Mr Monte Carlo.Mr Road Trip".pig valve&pacemaker

WRMNshowcase.legos.HO.models.MCs.RTs.CHD = http://www.chevyasylum.com/cort

"I missed a million miles of fun" ... Len ... 'Steal My Sunshine'

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And psychologically, this could encourage people to use more gas than they normally would, to "get more" out of the card.

Ahh... they thought of that. 12,000 mile a year limit calculated off of EPA average fuel economy.

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  • 10 months later...

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