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Chrysler Incentive Plan Caps Gas at $2.99

Chrysler introduced last week an incentive plan that will cap gas prices at $2.99 a gallon for buyers of most Chrysler, Dodge and Jeep vehicles.

by Staff
May 7, 2008
1 min to read


Auburn Hills, Mich. -- Chrysler introduced an incentive plan last week that will cap gas prices at $2.99 a gallon for buyers of most Chrysler, Dodge and Jeep vehicles.


But its biggest rivals - General Motors, Toyota and Ford - said they have no plans to match it.

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The company's "Let's Refuel America" plan will cap gas prices for the next three years for people who buy or lease new vehicles through June 2.


Customers will get a card for buying gas that is linked to their own charge account, Chrysler said. The customer will be billed $2.99 per gallon, and Chrysler will pay the rest.


Actual savings depend on what happens to gas prices during the next three years, but based on the average price of $3.61 a gallon in Detroit, someone buying a 2008 Dodge Durango sport utility vehicle with a 5.7-liter V-8 engine would save about $414 per year.


The Durango is one of Chrysler's least fuel-efficient vehicles, getting 13 miles per gallon in the city and 18 on the highway.

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