REPORT: Chrysler dropping lifetime powertrain warranty to five-year/100,000 miles

Back in 2007, Chrysler sent something of a shockwave through the industry by announcing a new lifetime powertrain warranty program for nearly all of its cars and trucks. At the time, we wrote "the only fly in the ointment is that the new warranty applies to the original owner and is not transferable." Once the vehicle had been sold, the warranty reverted to a standard three-year/36,000 mile affair. According to the automaker, that minor nitpick caused a load of confusion amongst its buyers.

But there's new word from the Pentastar faithful over at Allpar that Chrysler is dropping its lifetime powertrain coverage in favor of a more conventional five-year/100,000 mile plan that's fully transferable from one owner to the next. The new warranty will reportedly cover all Chrysler, Dodge (minus the Sprinter van) and Jeep models and extends to the high-performance SRT models, fleet sales and police cruisers as well – vehicles the old lifetime program didn't cover.

[Source: Allpar]