When Chrysler announced its new Employee Pricing Plus plan, which included a 30-day money-back guarantee, we pretty much assumed everyone would read the fine print before thinking they’d actually get a “free” 30 days in a new car. In fact, the small print could add up fast if someone wanted to actually take the company up on its offer.
But The Detroit News pointed out that not everyone is as savvy as we know our readers are, and the cost for such ignorance could be high. When returning the vehicle, you won’t be pleased to know you’ll owe Chrysler a required restocking fee, which is 5 percent of the sticker price – not the employee price – as well as the sales tax and a 50-cent per mile mileage fee.
The Detroit News example shown here brings the cost of returning a $34,000 Jeep Grand Cherokee to $4,600. The moral of the story: Don’t even consider the 30-day guarantee when looking to purchase a vehicle under this plan. Just consider the financing and employee pricing instead — though we’ll also say that if after 30 days in a car it turns out to be a bummer, $4,600 might be worth the mental well-being that driving the car you really want for the next five years can bring.
