Daily News Briefs: July 11, 2012


On the heels of GM offering a 60-day buyback guarantee, Chrysler will let buyers put off payments for 90 days, the Detroit News reports. The program applies to Chrysler, Dodge, Jeep, Ram and Fiat vehicles and is part of the automaker's Summer Clearance Event aimed at selling off 2012 inventory. To qualify, buyers have to finance through Ally Financial, Chrysler's preferred lender, at least for now. Chrysler's dealer stock is almost entirely 2012s: As of today, just 0.7% of Cars.com's national inventory of the automaker's five brands is 2013 models. That's the smallest portion of 2013s for major automakers, following Nissan/Infiniti (2.6%), Honda/Acura (3.5%), Toyota/Lexus/Scion (6.1%), GM (8.5%), Ford/Lincoln (19.7%) and Hyundai/Kia (43%).

In other news:

By Kelsey Mays | July 11, 2012 | Comments (1)

Chevrolet: Love it or Return it

Feeling buyer's remorse about that Corvette purchase? Under a new Chevrolet promotion, you can change your mind. The "Love It or Return It" program means customers can return a vehicle and get a refund.

The program applies to all new model-year 2012 and 2013 Chevy vehicles, and they have to be damage-free and returned after 30 days but before 60 days of the original purchase date. They also must have been driven less than 4,000 miles.

There are some exceptions. The vehicle must be purchased and not leased. Fleet sales are not eligible, and if the vehicle has over $300 in damage, it no longer qualifies for return and refund.

By Jennifer Geiger | July 10, 2012 | Comments (12)

Volvo Incentive Offers Two Months of Free Payments

2012 Volvo XC60

During its summer sales event, Volvo is offering longer free-maintenance plans on its 2013 models and is allowing buyers to waive the first two months of finance or lease payments on its 2012 models.

There's a catch, though. The waived payments have a cash limit and must be financed through U.S. Bank. Also, Volvo's longer maintenance schedule for its 2013 models includes fewer, more spread out service intervals than were offered on its 2012 and 2011 models.

By Colin Bird | June 14, 2012 | Comments (1)

Incentives So Big They May Change Your Mind

Incentives Needle Movers

Big incentives don't usually land on cars that are widely shopped and/or praised by the media, but sometimes deals this good are hard to pass up. Below are some of this month's most significant incentives that may have shoppers reconsidering models they may have written off.

By Colin Bird | June 12, 2012 | Comments (4)

Incentives Diet: Buy This, Not That

Buy This, Not That - sedans

In this latest round of Buy This, Not That, we focus on soon-to-be-discontinued midsize luxury and mainstream sedans. Included in this rundown are the Ford Fusion, Nissan Altima, Lexus ES, Lincoln MKZ, Dodge Avenger and Mitsubishi Galant. All are on death's door in their current incarnations.

All the trim levels picked for these comparisons include an automatic transmission, air conditioning, keyless entry, cruise control, Bluetooth connectivity and power locks/windows/side mirrors. Final prices include destination charges.

By Colin Bird | May 16, 2012 | Comments (7)

Buy a Scion iQ, Get a PlayStation Vita

It's no secret that Scion is after the youth market with its tiny, new iQ subcompact; now the automaker is adding a unique incentive to make it even more appealing that crowd. Customers who buy a 2012 iQ from May 1 through July 31, 2012 will get a PlayStation Vita portable entertainment system.

The PlayStation Vita has a high-definition touch-screen, dual analog sticks, front touch-screen and rear touch pad, two cameras and a built-in microphone. The Vita "provides an unmatched portable gaming experience," Toyota said in a statement.

At 120.1 inches long, the iQ is Scion's smallest car and went on sale late last year with a base price of $15,265. Sales are off to a tepid start, but the iQ is gathering steam. Scion only sold 248 units in December 2011, its first month on sale. Sales figures climbed to 1,285 units in March, however.

By Jennifer Geiger | May 1, 2012 | Comments (5)

Incentives Diet: Buy This, Not That

2012 Chrysler 200 LX vs. 2012 Chevrolet Malibu 1LT

With new models coming fast and furious via announcements at the four major auto shows —  L.A., Detroit, Chicago and New York — of the season, we thought we'd focus our incentives breakdown on some older, proven models that are still around for the time being.

In this latest round of Buy This, Not That, we focused on midsize sedans, full-sized luxury SUVs and large family sedans. Included in this rundown are the Toyota Avalon and Chevrolet Malibu, which both have new models entering the market now or in the near future.

All the trim levels picked for these comparisons included an automatic transmission, air conditioning, keyless entry, cruise control, Bluetooth connectivity, a USB port, and power locks, windows and side mirrors. Final price includes destination charges.

By Colin Bird | April 18, 2012 | Comments (4)

Dodge Expands Four-Cylinder Availability on Journey

2012 dodge journey
Dodge recently announced that four-cylinder power is now standard on SXT versions of its midsize crossover. It also plans to offer Journey’s Flexible Seating Group Package for free during March.

Newly standard on 2012 Journey SXT is the 173-horsepower, 2.4-liter four-cylinder engine. It was previously standard on base SE and American Value Package models. The 283-hp, 3.6-liter V-6 engine was previously standard on SXT; it's still available. The Journey SXT with the four-cylinder engine starts at $22,995, excluding a destination fee. The V-6 SXT models start at $24,495.

Additionally, Dodge is making Journey's Flexible Seating Group free this month; it's normally a $995 option. Available on all versions of the midsize crossover, the seating package consists of the second-row 60/40-split Tilt 'n Slide bench seat, three-zone heating and air conditioning, and a third-row 50/50-split folding and reclining bench seat. The deal is good through April 2.

By Jennifer Geiger | March 9, 2012 | Comments (2)

Incentives Diet: Buy This, Not That

Buy This, Not That - pickups

If you're about to spend the weekend shopping for a new car, we have a couple of choices that might be unexpectedly better deals than others.

In this latest round of "Buy This, Not That," we decided to focus on full-size pickups, midsize coupes and two new compact sedans.

All the trim levels picked for these comparisons needed to include an automatic transmission; air conditioning; power locks, windows and side mirrors; keyless entry; cruise control; Bluetooth connectivity; and a USB port. MSRPs include destination charges.

By Colin Bird | February 17, 2012 | Comments (15)

Year-End Deal Reality Check: Chrysler Group

2012 Dodge Avenger

Chrysler's had a very successful year overall, with sales up 25% through November. Part of that has to do with the automaker's redesigned and refreshed vehicles, and part of it has to do with Chrysler's seemingly eternal and robust incentive spending. The end of the year is no different. Under Chrysler's cross-branded “Big Finish 2011” sales event, there are plenty of attractive financing and cash-back deals to be had.

Starting with the Chrysler brand — which has the most aggressive incentive offers – there are 0% financing deals on the 2012 Chrysler Town & Country and 2012 Chrysler 200 sedan for 60 months and for 60 to 72 months on all 2011 Chrysler brand models. The Town & Country ($1,250), 200 ($2,500), 300 ($1,500) and 200 convertible ($1,000) also have generous cash-back offers.

By Colin Bird | December 29, 2011 | Comments (0)

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