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Automaker will only offer 3 year/36,000 mile warranty for all 2006 Dodge, Jeep and Chrysler models.
May 16, 2005: 3:08 PM EDT

NEW YORK (CNN/Money) -
If you are shopping for a 2006 Chrysler, Dodge or Jeep model, you should be aware of a change -- the car will no longer come with a standard 7-year/70,000 mile powertrain warranty.

Vehicles from the Chrysler Group of DaimlerChrysler will get the company's 3 year/36,000 mile bumper-to-bumper warranty, which includes all components, including the engine and transmission, covered by the powertrain warranty, according to a Chrysler Group spokesman.

The seven-year powertrain warranty currently comes standard on 2005 models and covers the major working parts of a car including the engine and transmission.

Funding earmarked for powertrain warranty will be allocated to "other dealer and consumer marketing efforts," John Schenden, chairman of the Chrysler-Jeep national dealer council, told Automotive News, an industry publication.

Chrysler's soon-to-be discontinued powertrain warranty is one of the longest in the industry.

Chrysler vehicles from model years prior to 2006 with a powertrain warranty that has not expired, are still entitled to the original warranty, a company spokesperson said.

Hyundai, Kia and Mitsubishi offer the longest powertrain warranties currently available in the U.S. All three offer 10-year/100,000-mile warranties, according to CNN.com automotive partner Edmunds.com.

source: cnn.com