http://autos.yahoo.com/articles/autos_content_landing_pages/565/chrysler-offers-gas-card-as-incentive/;_ylc=X3oDMTE0czZzZjBqBF9TAzI3MTYxNDkEc2VjA2ZwLXRvZGF5BHNsawNnYXMtY2FyZA--
Here is an article about how Chrysler is trying to help with gas prices and encourage you to buy their vehicles. If you buy a car from Chrysler between May 7th and June 1st, chrysler will give you a gas card that pays the difference for any gas you purchase for more than $2.99 for the next three years. When the card is used, it will send most of the difference to a third party, (which was not specifically specified) and chrysler will pay the rest. At an estimated cost of $3.65 per gallon, chrysler will be paying about $.65 of it.
I thought this went good with price ceilings or subsidizing. By putting this price ceiling on gas, which is not exactly what is going on here but what many people are screaming that we should have, isn't that ruining the free market idea. To be able to let supply and demand dictate price, not government? This is definately a clever way to make your car look better, but consumers are also offered a cash rebate. And, the gas will only be paid for the 12,000 miles a year which is the estimated acceptable driving distance.
Subscribe to:
Post Comments (Atom)
3 comments:
Oh yeah, its a HUGE incentive, especially for the older crowd that is finding it hard to live off of social security with their cars needing gas. Chrysler may have a problem though because they may have bit off more than they can chew, especially considering that they aren't exactly in the best of financial shape as it is.
I just heard about this on the radio - told my husband, and he didn't believe me! I've never heard of such an incentive. Think about the rumors - that gas will be over $4 for most of the summer, and the people planning to drive places for holidays...wow. Great incentive.
It really does seem hard to believe that Chrysler is offering this incentive on a silver platter without any noteworthy drawbacks through the consumer's point of view. They must be in very stable economic condition right now (the company, that is), unless they foresee some benefit that is embedded in the deal but too difficult for the consumer to take into consideration.
Post a Comment