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

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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 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.

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

Dodge Journey

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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