Tuesday, May 16, 2006

Icentives, 0% Loans, Free Gas -

1. High gas prices combine w/ rising interest rates to revive vehicle incentives
2. Zero percent loans offered by Detroit Big-3 captive lenders
3. Offer of cash rebates or up to $6K free gas for car purchase at CA dealership
4. Chrysler restores 0% loans/cashback on most models for up to 60 months



1. Edmunds.com Jesse Toprak: 0% loans better deal for consumers than cash rebate
2. Growing demand for econo models, turning away from gas guzzlers seen as growing trend
3. Consumers switch from 6-cylinder models to 4-cylinders w/ better fuel economy
4. Used vehicles also affected, resale value on hybrid models have appreciated

Sourced From: Wall Street Journal, May 2, 2006

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