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Chrysler Offers 90-Day-No-Pay Program

Makers likely to ramp up incentives as economy falters.

by on Aug.11, 2011

Chrysler is one of many makers upping incentives as the economy falters.

Chrysler is offering qualified customers the opportunity to skip payments for the first three months after they take delivery of a new 2011 or 2012 vehicle.

The “No Payment for 90 Days” program covers any Chrysler, Dodge, Jeep or Ram product – but not the new Fiat 500 – and is officially part of the maker’s annual summer clearance program.  But industry observers suggest Chrysler, like its competitors, is ramping up incentives in a bid to keep momentum going as the U.S. economy shows signs of slipping back into recession.

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Notably, Chrysler announced it would step up its givebacks on a number of new 2012 models, including cash of $500 on a Chrysler 200 sedan, $1,000 on a Jeep Liberty, $500 on a Dodge Avenger or Journey, and as much as $1,500 on a Ram pickup.