$2.99 per Gallon of Gas for the Next 3 Years

Chrysler, in an effort to sell more gas guzzling SUVs is giving away 3 years of gas at $2.99 per gallon for three years when you purchase or lease an eligible Chrysler vehicle from May 7 through June 2, 2008 and have a valid MasterCard or Visa credit card or check card.

Here is how it works:

• When you buy a qualifying new 2008 (Dodge/Chrysler/Jeep vehicle) you tell then the Visa or MasterCard credit card you use to pay for your gas.
• They issue you a Let’s Refuel America card that you will use to buy gas in each of the next three years.
• Each time you buy fuel with that card, your credit card will never be charged more than $2.99/gallon – no matter what the pump price may be.

Sounds too good to be true, of course. Even though they say 3 years of gas, there is a maximim gallon limit depending on the vehicle you buy. See their Press Release for the maximum gallons per model info.

In the end you can figure that gas will be around $4.00, so this will save you around $1, times the number of gallons max which from the looks of it can range from $1500 – $2400. Now if gas falls below $2.99 then you aren’t really getting much back. So if you are long on the price of oil, this might be the deal for you!!!

Sometimes I wish that rather than offer these crazy promo’s, American Car Makers would focus their time and energey on producing higher gas mileage cars and trucks, which in the end would sell more cars!