American Suzuki Follows Chrysler With Fixed Price Gas Incentive
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Washington DC May 6, 2008; The AIADA newsletter reported that American Suzuki Motor Corp. yesterday announced a nationwide sales promotion offering car buyers 0 percent financing and three months of free gasoline on retail purchases of all new 2007 and 2008 vehicles.
A day earlier, Chrysler said it will cover gasoline costs above $2.99 a gallon for customers who buy or lease a new vehicle from the company.
"Suzuki recognizes the economic impact resulting from soaring gas prices and thought this promotion was a great way to entice eager car buyers," said Gary Akin, vice president of sales at American Suzuki Automotive Operations.
Customers who qualify for the offer receive 0 percent financeing for up to 60 months and a stored-value Visa debit card that can be used for fuel purchases.
Automotive News reported the amount on each card is determined by the vehicle's EPA estimated highway mpg, the Federal Highway Administration's estimated average of 1,000 miles driven per month, and the U.S. national average price of one gallon of regular gasoline as determined by the U.S. Energy Information Administration.
Here is what each gas card Suzuki models receive.
-- SX4 Sport/Sedan, $320 -- SX4 crossover, $355 -- XL7 crossover, $450 -- Grand Vitara SUV, $470 -- Forenza sedan, $355 -- Forenza wagon, $370 -- Reno hatchback, $355