Chrysler Introduces "No Payments for 90 Days" Deal
Chrysler Group LLC announced a new promotion designed to get customers leaving the lot in a new vehicle. Starting Wednesday, all 2011 and 2012 Chrysler, Jeep, Dodge, and RAM Truck models will be available to customers without any payments for three months. To take advantage of this offer, customers must first qualify for financing with Chrysler's preferred lender, Ally Financial. Customers securing independent financing will not be offered the 90 days of deferred payments.
According to Chrysler, only the payments will be deferred, the customer is still responsible for paying the interest during the 90-day period. The program will end on September 6, 2011. Chrysler is only offering this incentive on retail purchases; leases and fleet purchases do not qualify for this deal.
In addition to $500 cash allowance for all United States military, Chrysler is also offering other incentives on all of their brands in conjunction with their 90-day payment free deal. The 2011 Chrysler 200, 300, and Town and Country models are available for 0% APR for 60 months. Dodge is offering 0% APR for even longer; customers can enjoy 72 months interest free on most models. Jeep is currently offering 60 months of 0% APR financing only for its Liberty Limited Edition 4x2.