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redneck
1000+ Penny Miser Member
1273 Posts |
 Posted - 05/27/2008 : 23:45:55
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Is it just me, or does a New Car with 3 yrs. free gas seem a little strange?
(Chrysler)(15,000 miles per yr. based on MPG)
I mean, come on, in 3yrs. we could be looking at $14 gal.(as in another thread).
That seems like they would be taking a big risk.
Or do they know something we don't ?
Not to mention it takes 6 weeks to activate the fuel card.
Maybe somebody is whispering in their ear.
Just seems a little odd to me.
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HoardCopperByTheTon
Administrator
USA
6807 Posts |
Posted - 05/28/2008 : 00:42:40
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They do have a limit per year. And you can buy contracts or insurance to cover it, so they are probably not hanging out in the breeze like you think. I thought it was 2.99 gas, not free.
It is a good marketing move. |
If your percentages are low.. just sort more. If your percentages are high.. just sort more.
Now selling Copper pennies. 1.6x plus shipping. Limited amounts available. |
Edited by - HoardCopperByTheTon on 05/28/2008 00:43:08 |
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NotABigDeal
1000+ Penny Miser Member
USA
3890 Posts |
Posted - 05/28/2008 : 07:01:26
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quote:
Originally posted by HoardCopperByTheTon
They do have a limit per year. And you can buy contracts or insurance to cover it, so they are probably not hanging out in the breeze like you think. I thought it was 2.99 gas, not free.
It is a good marketing move.
Yep. Agreed.
Deal |
Live free or die.
Plain and simple.
"If you love wealth more than liberty, the tranquility of servitude better than the animating contest of freedom, depart from us in peace. We ask not your council or your arms. Crouch down and lick the hand that feeds you. May your chains rest lightly upon you and may posterity forget that you were our countrymen."
- Samuel Adams |
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redneck
1000+ Penny Miser Member
1273 Posts |
Posted - 05/28/2008 : 08:31:45
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I believe your right on the $2.99 (Chrysler), My bad.
I thought I seen it somewhere though,it may have been a local dealership like Suzuki or something like that.
Quote;
You can buy contracts or insurance to cover it.
That would seem expensive for them also.
I guess time will tell. |
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swusc
Penny Hoarding Member
USA
553 Posts |
Posted - 05/28/2008 : 08:57:35
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It wouldn't be expensive. They are bascially just locking in the price of gas at todays $3.37 minus the cost of capital using futures and upfront capital outlay. They will lose $0.38 a gallon + taxes. if you figure a $1 a gallon, then that is only $1200 per car over the 3 years.
If it sells cars, then that is a cheap sale.
-SWUSC |
`Everybody is ignorant. Only on different subjects.' Will Rogers
"This is the shabby secret of the welfare statists' tirades against gold. Deficit spending is simply a scheme for the "hidden" confiscation of wealth. Gold stands in the way of this insidious process. It stands as a protector of property rights. If one grasps this, one has no difficulty in understanding the statists' antagonism toward the gold standard." Alan Greenspan, 1966. |
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jadedragon
Administrator
Canada
3788 Posts |
Posted - 06/05/2008 : 15:15:37
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| Seen both "free" and "set price" gas deals with new cars. Just another form of rebate/promo. Grab the hot headline and use it to stimulate sales. |
“The reasonable man adapts himself to the world; the unreasonable one persists in trying to adapt the world to himself. Therefore all progress depends on the unreasonable man.” – George Bernard Shaw.
Why Copper Bullion ~~~ Interview with Silver Bullion Producer Market Harmony
Passive Income blog |
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nckt
Penny Collector Member
USA
304 Posts |
Posted - 06/05/2008 : 19:51:06
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| there is new car that is run off air. |
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moboman
1000+ Penny Miser Member
USA
2555 Posts |
Posted - 06/05/2008 : 20:30:40
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| chrysler's the fine print is "up to $6500". Around here anyway. Also local dealers are offering that they will "buy your gas" |
"99% of all lawyers give the rest of them a bad name" 
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misteroman
Administrator
USA
2565 Posts |
Posted - 06/06/2008 : 00:57:11
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| Chevy coming out with the Volt in 2010.Watch the sales of that!!! Supposedly to be under/around $20K too |
Buying CU cents!!!! Paying 1.2 unlimited amounts wanted. Can pick up if near Ohio area. |
Edited by - misteroman on 06/06/2008 00:57:51 |
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New Car - Free Gas
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