Chrysler LLC secured 1.5 billion Dollars in extra federal loans, so now the carmaker decided on reintroducing 0 % financing on a bid boosting the sales. The carmaker includes a big number of the 2008 - 2009 Chrysler, Dodge plus Jeep units on the 0 % deal up to sixty months.
Chrysler offers the 0 % financing to the qualified customers, likely the ones with the credit scores of 620 and more, according to the carmaker's co-president, Jim Press.
Chrysler Financial, the financing arm of Chrysler had â€œvirtually not been able to be active in retail credit in last 30 to 45 days at all,â€ Press affirmed on a conference call with the reporters.
The carmaker estimated up to 25 % of the potential sales in December were lost, the reason being that customers could not finance via Chrysler Financial. This 0 % program is covering a large area of Chrysler products, from Jeep Grand Cherokee, the Commander plus Wrangler to... Dodge Grand Caravan, Challenger, Charger and Ram, as well as Chrysler Town and Country plus 300.
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