Press Release
Chrysler Announces Changes to Consumer Incentives
10/09/96
Chrysler Revises Consumer Cash Program AUBURN HILLS, Mich., Oct. 7 -- Chrysler Corporation announced today that it is revising its "Summer Spectacular" consumer incentives program, increasing the available cash allowances on certain 1997 car models. The changes are effective October 8, 1996, and the program is extended through January 6, 1997, for the 1996 and 1997 vehicles it covers. The program gives new vehicle buyers the choice of cash allowances or reduced interest rates on financing. The cash allowances available to buyers of 1997 Dodge and Plymouth Neon, Dodge Stratus, Plymouth Breeze and Chrysler Cirrus models increase to $1,000 from $500. Cash allowances available on other 1997 and 1996 vehicles in the program are unchanged. Here's a list of the cash allowances available on 1997 models: Dodge and Plymouth Neon -- $1,000 Dodge Avenger/Chrysler Sebring Coupe -- $500 Plymouth Breeze/Chrysler Cirrus/Dodge Stratus -- $1,000 Chrysler Concorde LX/Dodge Intrepid/Eagle Vision ESi -- $500 Chrysler Concorde LXi/Dodge Intrepid ES/Eagle Vision TSi -- $1,000 Eagle Talon -- $500 Chrysler LHS -- $1,500 Dodge Ram Van -- $500 Dodge Ram Wagon -- $800 Dodge Ram Van Conversion -- $1,000 Here's a list of the cash allowances available on 1996 models: Dodge and Plymouth Neon -- $1,000 Dodge Avenger/Chrysler Sebring Coupe -- $1,000 Plymouth Breeze/Chrysler Cirrus/Dodge Stratus -- $1,000 Chrysler Concorde LX/Dodge Intrepid/Eagle Vision ESi -- $1,000 Chrysler Concorde LXi/Dodge Intrepid ES/Eagle Vision TSi -- $1,500 Eagle Talon -- $1,000 Chrysler New Yorker -- $3,000 Chrysler LHS -- $3,000 Jeep. Cherokee SE -- $200 Jeep. Cherokee Sport & Classic -- $500 Jeep. Cherokee Country -- $775 Dodge Dakota -- $1,500 (except in California and Hawaii, where cash allowances are $1,000 for Club Cab models and $2,000 for Regular Cab models) Dodge Ram Van -- $600 Dodge Ram Wagon -- $1,200 Dodge Ram Van Conversion -- $1,600 As an alternative to the cash allowances on these vehicles, lower A.P.R. financing rates are available as follows: Cars -- 1.9 percent for one to 24 months; 4.9 percent for 25-36 months; 5.9 percent for 37-48 months; and 6.9 percent for 49-60 months. Trucks -- 4.9 percent for one to 24 months; 6.9 percent for 25-36 months; and 7.9 percent for 37-48 months.