PT Cruiser Forum  
Advertisements
       

Go Back   PT Cruiser Forum > General Forums > PT Cruiser News and Rumors

PT Cruiser Forum

Advertisements
Chrysler Lifetime Powertrain Limited Warranty

 
Reply
 
LinkBack Thread Tools Display Modes
  #1 (permalink)  
Old 02 Aug 2007, 03:50 pm
skylight's Avatar
Administrator
 
Join Date: Jul 2001
Posts: 1,319
Default Chrysler Lifetime Powertrain Limited Warranty

Chrysler Lifetime Powertrain Limited Warranty

For purchases beginning 26 July 2007, Chrysler is offering Lifetime Powertrain Limited Warranty.


The Chrysler Group upped the warranty ante Thursday by announcing lifetime powertrain coverage for most new models in a bid to push Chrysler, Dodge and Jeep vehicles to the top of consumers' shopping lists.

The automaker said the lifetime warranty, a first for the industry, is a statement of confidence in the reliability of its powertrains and designed to give consumers peace of mind about their vehicles.

"We came to the decision that we don't want to match everybody, we want to go way beyond that," Steven Landry, Chrysler's executive vice president of sales and marketing, service and parts for North America, said during a media conference call.

The extended warranty, available on gasoline-powered 2007 and 2008 models sold beginning Thursday, covers the cost of parts and labor to fix the engine, transmission and drive system. It is limited to the first registered owner or lessee of a vehicle and is not transferable.

The new warranty replaces Chrysler's three-year or 36,000-mile coverage. Until this week, General Motors Corp. and Hyundai Motor Co. offered the most competitive warranty packages with coverage up to 100,000 miles or 10 years. "We wanted to be unprecedented," Landry said. "We want to show the confidence that we have in our products, both at our level and our dealers' level, and provide customers with a level of comfort unprecedented in the industry."

Landry said Chrysler conducted research that supported the extended warranty. The study found that consumers who knew about the lifetime powertrain coverage were more likely to consider a Chrysler product, whether they currently own a Chrysler vehicle or not.

"It helped give us a pretty strong indication that we'd be taking it in the right direction," Landry said.

To qualify for the warranty coverage, car buyers must have a powertrain inspection every five years, which will be performed at no charge by an authorized Chrysler, Dodge or Jeep dealer.

"This is better really than anybody," said Tom Libby, senior director of industry analysis at Power Information Network, an affiliate of J.D. Power and Associates. "It gives them a message that they can use to really promote the brand and company and it's going to cut through a lot of clutter."

Industrywide, new-car buyers typically trade in their vehicles after 5.3 years of ownership, according to J.D. Power. In comparison, the average for those who buy Chrysler, Dodge and Jeep vehicles is five years. By brand, the average is 5.1 years for Chrysler cars and trucks, 4.9 years for Dodge and 5.2 years for Jeep.

The increased warranty also signals that Chrysler's pending new owner, Cerberus Capital Management LP, is "dead serious" about turning Chrysler around. "It says that they're not going to sit around," Libby said. "They're going to be competitive and motivated."

The warranty offer may help the automaker offset its costly incentive spending.

"They're hoping to not have to increase (incentive spending) even more," said Rebecca Lindland, analyst with Global Insight Inc. "It's a way to sweeten the deal without adding more incentives."

Chrysler launched a new ad campaign for the warranty Thursday with one 30-second television spot for each brand.

The decision to increase the warranty coverage stemmed from a meeting with Chrysler's dealer council in January, when retailers' major gripes were discussed. Top issues of concern were stock inventory, marketing and warranties, Landry said. The automaker has reduced inventory levels, and poured millions into advertising at the national level and to support dealers. Now, it is boosting warranties.

Landry said should a new owner decide to sell their vehicle within the first three years of ownership, Chrysler's standard three-year/36,000-mile coverage will replace the lifetime powertrain warranty for the subsequent owner.

Dealers are ecstatic about the program.

"It's a closing tool," said Ron Kutz of Dallas Dodge Chrysler Jeep. "When the customer gets up and says, 'I'm not quite sure that I want to go look at that,' the sales manager can say, 'Don't forget that we're the only car company that's so bullish about our product that we offer lifetime warranty.' "

Dealers say the new warranty package will increase consumers' confidence in Chrysler, Dodge and Jeep vehicles.

"More than anything, to a consumer the warranty means quality," said Doug Wilson, president of Wilson Dodge in Flowood, Miss. "It overcomes any quality perception problem that they might have."


Source:
New Chrysler Lifetime Powertrain Limited Warranty - Cars, Minivans, SUVs, Crossovers - Warranties
Chrysler offers lifetime warranty
__________________
PT Cruiser

Reply With Quote
  #2 (permalink)  
Old 04 Aug 2007, 07:15 am
Obsessed Cruiser
 
Join Date: Dec 2002
Posts: 6,787
Default Re: Chrysler Lifetime Powertrain Limited Warranty

i think its a great idea !!
Reply With Quote
  #3 (permalink)  
Old 04 Aug 2007, 02:12 pm
BeachBum's Avatar
Fresh Cruiser
 
Join Date: Jun 2007
Posts: 26
Default Re: Chrysler Lifetime Powertrain Limited Warranty

Wonderful. I bought mine a month too soon.
__________________
2007 P/T Cruiser
Bright Silver Metallic - Pics in my gallery up there ^
Just started modding.
In a continual state of cruising.
Reply With Quote
  #4 (permalink)  
Old 06 Aug 2007, 02:10 pm
Regular Cruiser
 
Join Date: Jun 2007
Location: Wellington, Florida
Posts: 191
Default LIFE TIME POWER TRAIN WARRANTY

Chrysler just announced a new Life Time Power Train Warranty. No, not the SRT models (LOL).
__________________
2005 GT Cruiser, Cool Vanilla, Automatic, Borla Dual Exhausts, K&N, Navigation and U Connect.

2001 Corvette Convertable, Navy Blue Metalic, Z51, 3:15 with 4" inch quad Borla Stinger Exhausts X Pipe and K&N Filter.
Reply With Quote
  #5 (permalink)  
Old 06 Aug 2007, 02:46 pm
Obsessed Cruiser
 
Join Date: Sep 2001
Posts: 27,755
Default Re: LIFE TIME POWER TRAIN WARRANTY

....already have a thread open on that subject.....

Chrysler Lifetime Powertrain Limited Warranty
__________________
Rules of the forum have been updated as of *07/07/2019* Please read them over.

- All decisions by the Moderator are semi-permanent, can and may be changed at his discretion but definitely will be the final word. Any action performed by the Administrator or Moderators are not to be discussed on the forum.
Reply With Quote
  #6 (permalink)  
Old 21 Sep 2007, 02:39 pm
Fresh Cruiser
 
Join Date: Sep 2007
Location: Pacific Northwest
Posts: 25
Default Re: Chrysler Lifetime Powertrain Limited Warranty

For original owners of most 2006 and newer models Chrysler is now offering the Lifetime Powertrain Warranty for for a fee, $750 with $100 deductible or $950 with no deductible.

My late 2005 PT Limited Turbo, with only 7,400 miles on it, doesn't qualify for the warranty. My PT was custom ordered in May 2005 and was built on June 14, 2005, just six days before the production line shut down for conversion to 2006 model production. I took delivery on July 12, 2005, with nine miles on the odometer.

Last edited by TalkieTime; 27 Sep 2007 at 08:51 pm.
Reply With Quote
  #7 (permalink)  
Old 23 Sep 2007, 09:43 am
Obsessed Cruiser
 
Join Date: Dec 2002
Posts: 6,787
Default Re: Chrysler Lifetime Powertrain Limited Warranty

hey talkie that stinks !!
Reply With Quote
  #8 (permalink)  
Old 24 Sep 2007, 08:53 pm
Turbodude06's Avatar
Regular Cruiser
 
Join Date: Sep 2007
Location: Georgia
Posts: 149
Default Re: Chrysler Lifetime Powertrain Limited Warranty

I've got the lifetime powertrain, and it was free of charge, but that only covers the powertrain I just went ahaid and bought the 100K bumper to bumper so that way I don't have to worry about nothin for awhile....
__________________


2004 PT GT 5-Speed! Project "THE RIDDLER"!!!
http://www.ptcruiserlinks.com/forum/...t-5-speed.html
Reply With Quote
  #9 (permalink)  
Old 26 Sep 2007, 02:10 pm
Obsessed Cruiser
 
Join Date: Dec 2002
Posts: 6,787
Default Re: Chrysler Lifetime Powertrain Limited Warranty

good deal turbo
Reply With Quote
  #10 (permalink)  
Old 27 Sep 2007, 05:26 pm
Turbodude06's Avatar
Regular Cruiser
 
Join Date: Sep 2007
Location: Georgia
Posts: 149
Default Re: Chrysler Lifetime Powertrain Limited Warranty

Quote:
Originally Posted by TalkieTime View Post
For original owners of most 2006 and newer models Chrysler is now offering the Lifetime Powertrain Warranty for for a fee, $750 with $100 deductible or $950 with no deductible.

My late 2005 PT Limited Turbo, with only 7,400 miles on it, doesn't qualify for the warranty. My PT was custom ordered in May 2005 and was built on June 14, 2005, just six days before the production line shut down for conversion to 2006 model production.

I don't think it matters when it was built but when u bought it cause mine's on 06 but I just bought it in Aug. 07 with the lifetime was free....
__________________


2004 PT GT 5-Speed! Project "THE RIDDLER"!!!
http://www.ptcruiserlinks.com/forum/...t-5-speed.html
Reply With Quote
Reply


Currently Active Users Viewing This Thread: 1 (0 members and 1 guests)
 
Thread Tools
Display Modes

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are On
Pingbacks are On
Refbacks are On


Similar Threads
Thread Thread Starter Forum Replies Last Post
Chrysler 300C SRT-8 skylight PT Cruiser News and Rumors 7 18 Dec 2007 08:16 pm
2006 Chrysler PT Cruiser Touring Automatic Full Factory Warranty Low Miles $10999 skylight craigslist 0 13 Jul 2007 02:40 pm
Chrysler to end 7 year/70,000 warranty skylight PT Cruiser News and Rumors 9 20 Feb 2006 10:00 pm
Chrysler Boosts Warranty on Pre-Owned Vehicles skylight PT Cruiser News and Rumors 4 17 Oct 2003 05:06 pm
Aftermarket Equipment VS Warranty Dalite General PT Cruiser Discussions 1 06 May 2003 01:28 am


All times are GMT -5. The time now is 04:48 am.




Powered by vBulletin® Version 3.8.2
Copyright ©2000 - 2020, Jelsoft Enterprises Ltd.
LinkBacks Enabled by vBSEO 3.6.0 PL2 © 2011, Crawlability, Inc.
vB.Sponsors