It looks like car shoppers have been smart enough to see past
Chrysler's
cheap gas guarantee. Despite Chrysler's
extension of the offer for an extra month, a very
small percentage of actual consumers have actually chosen the gas guarantee over the old fashioned cash back options. As we've reported in the past, the incentive wasn't really as good as it seemed once the math was done. As was
pointed out by the Union of Concerned Scientists, a 3 mpg bump in efficiency would be equal to the savings Chrysler was offering. Additionally, Chrysler not only has the worst fleet in terms of
fuel efficiency, but many of its products haven't exactly set the world on fire based solely on their
own merit. The performance of the incentive deal suggests that in today's world average consumers may not want to be seen driving gas guzzling vehicles, regardless of what they're paying for fuel. Good products are still the only real way to guarantee sales, though cash back incentives still have an impact. Perhaps Chrysler should have
offered firearms.
[Source: Auto Observer]
[Source: Auto Observer]
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