Chrysler Guarantees Gas at $2.99 a Gallon for the Next Three Years!

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PingSpike

Lifer
Feb 25, 2004
21,758
603
126
You'd think it would be more efficient for Chrysler to just make vehicles that get better gas mileage...but apparently its actually easier for to just pay you to drive the same old junk they were making before.
 

Exterous

Super Moderator
Jun 20, 2006
20,585
3,796
126
Originally posted by: mugs
I wonder how many people whose cars don't require premium will use it anyway thinking it's better for their car.

Edit: Unless Chrysler somehow knows what type of fuel you charge to the card.

The GE fleet services vehicle Gas Card can track the type of fuel use to fill a vehicle - I would imagine this card does the same. I would think they would only give you the discount when the gas chosen is 87 octane.

Also - if the card works like the GE card - It is tied to the VIN of the vehicle so if the vehicle's title changes hands they are notified and its looked into whether the card can still be used or not

It might be tough to determine if you are using it for more than one car. They might require you to enter the milage at the pump (The GE card does this as well). Wouldn't work well for tracking minor mis-use but would expose excessive mis-use
 

BUTCH1

Lifer
Jul 15, 2000
20,433
1,769
126
Originally posted by: Turin39789
Step 1 - Purchase Chrsyler car on June 1
Step 2 - Sell Chrysler car the next week for a slight loss
Step 3 - Keep gas card
Step 4 - Profit?

Good idea, but the "slight loss" is likely to be too high, any car starts depreciate the
second it hits the street, esp. a Chrysler..
 

iamwiz82

Lifer
Jan 10, 2001
30,772
13
81
Originally posted by: Turin39789
Step 1 - Purchase Chrsyler car on June 1
Step 2 - Sell Chrysler car the next week for a slight loss
Step 3 - Keep gas card
Step 4 - Profit?

You try it and get back to us. The only cars that have fair resale value are excluded.
 

waggy

No Lifer
Dec 14, 2000
68,143
10
81
Originally posted by: BUTCH1
Originally posted by: Turin39789
Step 1 - Purchase Chrsyler car on June 1
Step 2 - Sell Chrysler car the next week for a slight loss
Step 3 - Keep gas card
Step 4 - Profit?

Good idea, but the "slight loss" is likely to be too high, any car starts depreciate the
second it hits the street, esp. a Chrysler..

hah but he did have a good idea. to bad t here would be NO profit to be had.
 

drum

Diamond Member
Feb 1, 2003
6,810
4
81
Originally posted by: Saulbadguy
What happens when gas goes under $2.99?

Hell freezes over, cats and dogs living together, mass hysteria.

your gas card will be the last thing on your mind
 

JS80

Lifer
Oct 24, 2005
26,271
7
81
Originally posted by: halik
Originally posted by: Phokus
Imagine if gas rises to 5 or 6 dollars per gallon... i think chrysler would really regret this promotion

They've structured that deal through an insurance/investment bank. There's no way they are taking that risk, rather they agreed on a future price (say $5) plus premium they will pay to the risk taker.

you would think Phokus, an accountant, would assume this.
 

waggy

No Lifer
Dec 14, 2000
68,143
10
81
Originally posted by: Saulbadguy
What happens when gas goes under $2.99?

hahahahahhahahah ohh man.


hahahah yeah thats going to happen again
 

Drekce

Golden Member
Sep 29, 2000
1,398
0
76
I really don't see this as that good of a deal. Let's use more realistic numbers, since gas is nowhere near $5 a gallon right now. Assume $4 gas @ 23mpg. That is ~522 gallons per year, which saves a total of only ~$1500 over the three years. Sure gas may get more expensive than that during the next three years, but it could also get cheaper. The price of gas certainly does fluctuate in both directions, so you can't just assume that it will only get more expensive.

I would much rather have a $2K rebate or other incentive applied to my car purchase. I think that this will only appeal to those who don't think very analytically.

 

miri

Diamond Member
Jun 16, 2003
3,679
0
76
Very interesting. This promotion is worth more in places like California where gas prices are already at $4 a gallon.
 

Nitemare

Lifer
Feb 8, 2001
35,461
4
81
Originally posted by: ElFenix
wrangler sells as many as they can make, so they don't need the incentive.

It's the former CEO of Home Depot, that's what he does...
 

Injury

Lifer
Jul 19, 2004
13,066
2
81
Originally posted by: waggy
Originally posted by: Saulbadguy
What happens when gas goes under $2.99?

hahahahahhahahah ohh man.


hahahah yeah thats going to happen again



People accepting that gas will never get cheaper just makes it easier to keep prices high.

 

DrPizza

Administrator Elite Member Goat Whisperer
Mar 5, 2001
49,601
167
111
www.slatebrookfarm.com
Originally posted by: Drekce
I would much rather have a $2K rebate or other incentive applied to my car purchase. I think that this will only appeal to those who don't think very analytically.

You realize of course, that this only rules out about 5% of their potential customers then, right? :p


Originally posted by: Turin39789
Step 1 - Purchase Chrsyler car on June 1
Step 2 - Sell Chrysler car the next week for a slight loss
Step 3 - Keep gas card
Step 4 - Profit?

Won't work. You're going to lose more money on the resale than you gain from the gas card. Chrysler's lifetime powertrain warranty is non-transferable. Only a fool would pay close to retail value and give up the warranty.
 

Eeezee

Diamond Member
Jul 23, 2005
9,922
0
76
In other words, they've reduced the price on all of their vehicles and thrown a fancy spin on it.
 

krunchykrome

Lifer
Dec 28, 2003
13,413
1
0
What if people started charging friends/anyone a flat rate of $10-$20 per month + $2.99/gallon for the right to use their Chrysler gas benefit every month?

Think Chrysler would catch on?
 

destrekor

Lifer
Nov 18, 2005
28,799
359
126
Originally posted by: DrPizza
Originally posted by: Drekce
I would much rather have a $2K rebate or other incentive applied to my car purchase. I think that this will only appeal to those who don't think very analytically.

You realize of course, that this only rules out about 5% of their potential customers then, right? :p

See, I don't know. Both options sound good in my mind. Something off the purchase price would be great, but then again, with how much filling up a tank of gas can cost, seeing that savings occur over the course of three years would be nice too.

+
 

sandorski

No Lifer
Oct 10, 1999
70,809
6,364
126
One advantage to this is that it makes Budgeting easier for the Consumer. Fuel Costs have been a monkey wrench the last few years, this deal removes that uncertainty.
 

halik

Lifer
Oct 10, 2000
25,696
1
81
Originally posted by: Saulbadguy
Originally posted by: waggy
Originally posted by: Saulbadguy
What happens when gas goes under $2.99?

hahahahahhahahah ohh man.


hahahah yeah thats going to happen again

It will. Only a matter of time.

Yeah people would laugn at the notion of house prices going down in 2004 also...