Chrysler Resumes Leasing
Auburn Hills, Mich., Sept. 16, 2009 -
Starting Sept. 17, 2009, Chrysler will give customers the option to lease all Chrysler Dodge, and Jeep 2010 model year vehicles through GMAC financial services. Since August 1st of 2008 Chrysler had canceled leasing as it’s lending institution, Chrysler Financial, as it battled with $30 Billion in debt.
President and Chief Executive Officer–Chrysler Brand and Lead Executive for the Sales Organization, Chrysler Group LLC., Peter Fong stated “We are pleased to re-enter the leasing market so we can offer customers the opportunity to lease vehicles at rates competitive with the marketplace.” Offering consumers more purchasing options is likely to result in an increase in car sales for a struggling Chrysler. “Our ability to offer additional financing options will benefit consumers who have long been fans of leasing and appreciate the flexibility this financing option gives them.”
Special lease rates on Chrysler Town & Country, Dodge Grand Caravan, Dodge Ram 1500, Journey, Jeep Wrangler and Liberty will be available through September 30th.
Along with the reinstated leasing program Chrysler is offering special incentives on select Chrysler, Dodge, and Jeep models valid through September 30th:
- 0 percent financing for up to 72 months through GMAC Financial Services or up to $4,500 Consumer Cash on select 2009 model year Chrysler, Jeep and Dodge vehicles.
- On select 2010 model Chrysler, Jeep and Dodge vehicles, limited Consumer Cash of up to $3,000 or attractive financing rates through GMAC Financial Services are available.
- Current Chrysler Group vehicle owners are also eligible for $1,000 Owner Loyalty Bonus Cash available to use towards the purchase of select 2009 model year vehicles or the purchase or lease of select 2010 model year vehicles.