Chrysler Unveils Three Year Price Protection Program for Regular Gas and Diesel Fuel at $2.99 Per Gallon
By:
Mike Levine  Posted:
05-05-08 17:44 PT
© 2008 PickupTruck.com
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Update
#2: 05-06-08 15:17 PT
The
Chicago
Tribune is reporting that General Motors, Ford, Honda
and Toyota will not follow Chrysler's lead in offering fuel
incentives on their new vehicles to help improve sales.
Update
#1: 05-06-08 06:25 PT
Chrysler
spokesperson Dan Bodene tells PickupTruck.com that Chrysler
calculated average fuel economy for Cummins diesel engine equipped
Heavy Duty Ram pickups at 15 mpg.
If diesel prices remain at today's AAA national average of
$4.239 per gallon, Ram HD owners could save $2,997.60 over
3 years paying $2.99 per gallon.
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In a bold
stab at beating high gas prices, Chrysler has introduced "Let's
Refuel America," a program that locks in the price of regular gas,
E85, or diesel fuel for 3 years at $2.99 per gallon for consumers who
buy select vehicles.
Buyers who
opt for this program, instead of a cash rebate, will be given refueling
cards tied to a credit card. They will only pay $2.99 per gallon when
they fill up their trucks, with Chrysler paying the difference.
The
rebate will be limited to a maximum of 12,000 miles worth of fuel annually,
based on the vehicle's EPA mileage estimate.
What's interesting is that the deal
includes diesel-powered Dodge Ram Heavy Duty pickups, which are not required
to carry EPA fuel efficiency estimates. With national diesel fuel prices
averaging $4.239 per gallon, according to AAA, a Dodge Ram owner with
a Cummins engine could save $3,747, if Chrysler estimates average fuel
economy at 12 mpg.
Let's Refuel
America cardholders can also use the card to fill up other vehicles
in their personal fleet, up to the 12,000-mile limit. However, diesel
card holders can only fill up with diesel, and regular gas card holders
will be charged extra if they fill up with mid-grade or premium gasoline.
If a cardholder sells their vehicle before the 36-month time period
is up, they can still continue to use the card for the remainder of
the three-year period.
The following
vehicles are eligible for Chrysler's Let’s
Refuel America program:
Small/Compact Car
Dodge Caliber, Chrysler PT Cruiser, Chrysler PT Cruiser Convertible
Mid-size Car
Dodge Avenger, Chrysler Sebring, Chrysler Sebring Convertible
Large Car
Dodge Charger, Chrysler 300, Dodge Magnum
Crossover
Dodge Journey
Minivan
Dodge Grand Caravan, Chrysler Town and Country
Compact SUV
Jeep Patriot, Jeep Compass
Mid-size SUV
Dodge Nitro, Jeep Liberty
Large SUV
Jeep Grand Cherokee, Jeep Commander, Dodge Durango, Chrysler Aspen
Pickup Truck
Dodge Dakota, Dodge Ram, Dodge Ram HD
The following
vehicles are not eligible for the Let’s Refuel America program:
All SRT models, Dodge Viper, Dodge Challenger, Dodge
Ram Chassis Cab,
Chrysler Crossfire, Jeep Wrangler and Dodge Sprinter.
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