How bizarre; instead of doing something to reduce their corporate CAFE average, they are going to subsidize the purchase of big trucks and cars for three years. Does nothing to conserve gas and will probably put more of these gas guzzlers on the highway. When the new owners wake up three years from now to $6 or $7 a gallon gas, won't they be surprised? Talk about kicking the can down the road!
It's an understandable strategy from Chrysler. At least it buys them some time to work on their product line and bring it more in line with rapidly changing consumer demand. Plus, unless the price of gas continues to skyrocket, it is a pretty cheap incentive. At $4 per gallon and 21 MPG it only costs them about $1800 on a PT Cruiser.
If anything like their Drive Train warranty, it is good only for the original buyer and they know most of us trade or sell our vehicles within three years of purchase. I haven't seen the entire presentation so I'll guess there is a milage or gallon limit per year. Another buy me gimik but they will get some takers who want to drive the Hemi.
It's an understandable strategy from Chrysler. At least it buys them some time to work on their product line and bring it more in line with rapidly changing consumer demand. Plus, unless the price of gas continues to skyrocket, it is a pretty cheap incentive. At $4 per gallon and 21 MPG it only costs them about $1800 on a PT Cruiser.
A lot less than that. They'll make a deal with one of the oil companies for an exclusive deal, and I guarantee that it will cost more than half that estimate.
A lot less than that. They'll make a deal with one of the oil companies for an exclusive deal, and I guarantee that it will cost more than half that estimate.
doubtful there is any 'deal' with an oil company. this is effective TOMORROW, May 7th, so unless they announce something tonight saying you have to use one particular brand of fuel (which i see no way of working for the entire US), you use what and who you want.
of course it's based on only 12K/yr and the average MPG of the vehicle you purchase. yes, HEMI owners will benefit more from this than others, but then they are spending more too.
i'll just keep my Jeep Compass.....thank you very much, while waiting for MY 'ship to come in' with my smart!
I bought the smart car because it is goofy looking. It was not a wise purchase (investment) for me. It would have been more prudent to buy a used small car with decent mpg and lower insurance cost. Plus I only live 3 miles from work (Chrysler HQ). If I was concerned about the cost of fuel I would be walking or cycling to work.
I am against CAFE. They should just tax gas more, a lot more, and all gas. Let the market sort it out.
Toyota talks about their high mpg's then why do they make the Toyota Tundra Pick Up Truck? Doesn't that lower their CAFE?
How bizarre; instead of doing something to reduce their corporate CAFE average, they are going to subsidize the purchase of big trucks and cars for three years. Does nothing to conserve gas and will probably put more of these gas guzzlers on the highway. When the new owners wake up three years from now to $6 or $7 a gallon gas, won't they be surprised? Talk about kicking the can down the road!
Didn't Daimler and Chrysler spilt? I read an article somewhere. Sounds like Chrysler is already screwing up... Glad the smart is under the Daimler name. I never have liked Chrysler or Dodge, just a gut feeling...
Didn't Daimler and Chrysler spilt? I read an article somewhere. Sounds like Chrysler is already screwing up... Glad the smart is under the Daimler name. I never have liked Chrysler or Dodge, just a gut feeling...
Yes, they did. Chrysler now owned by an investment group. Not sure what their qualifications are after this stunt.
I bought the smart car because it is goofy looking. It was not a wise purchase (investment) for me. It would have been more prudent to buy a used small car with decent mpg and lower insurance cost. Plus I only live 3 miles from work (Chrysler HQ). If I was concerned about the cost of fuel I would be walking or cycling to work.
I am against CAFE. They should just tax gas more, a lot more, and all gas. Let the market sort it out.
Toyota talks about their high mpg's then why do they make the Toyota Tundra Pick Up Truck? Doesn't that lower their CAFE?
Sorry Bob, I just noted who you work for, opps, after the fact. I'm sorry. There is just something about the product I don't like, maybe they seemingly higher than average MPG in most of the Chrysler cars... Not sure. Then there is the problems I had with my Neon years ago... I got taken for a ride on that one... Has left a sour taste in my mouth... Not to mention it is normally Chrysler products that are trying to run me over on the interstate, 9 of of 10... I used to really like the LHS styling, but went with a Caddy instead...
Don't worry about it. A direction we almost took under the "equal partnership" of Diamler was "no cars... only SUV's & mini vans". They thought it was more profitable but some people put up a fight. Just think where Chrysler would be if that went there.
And since Daimler was our partner, I don't think Chrysler was going to come out with a small car when Daimler was bringing over the smart. We would be competing against ourself. Just watch for the Hornet :-) my next car.
CAFE is misleading, thats my problem with it. Corpoarate Average Fuel Economy it should be EACH vehicle. Not sell 5 Camrys to every Tundra to meet CAFE.
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1976 Rover Mini
2003 Chevrolet Corvette Z06
2007 Mercedes-Benz E320 Bluetec (SOLD)
2009 smart Passion (Gone)
2011 smart Passion
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