Friday, February 8, 2008

Chrysler LLC Certified Pre-Owned Vehicle (CPOV) Program Starts 2008 Posting Sales Record

AUBURN HILLS, Mich., |PRNewswire/ -- Chrysler LLC today reported that its Chrysler, Jeep(R) and Dodge dealers sold a new monthly sales record of 9,783 Certified Pre-Owned Vehicles (CPOV) in January 2008, a 7 percent increase from 2007 sales of 9,106 units.

For the month, Chrysler brand sales rose 6 percent to 3,116 units, while the Jeep and Dodge brand each rose 8 percent to 2,435 units and 4,232 units, respectively. Vehicles starting 2008 with sales gains include the Chrysler PT Cruiser up 24 percent; the Jeep Wrangler up 22 percent and the Dodge Ram pickup truck up 13 percent.

"We are happy to start the year on such a positive note," Peter Grady -- Director, Remarketing and Fleet Operations, said. "And with Chrysler's recent announcement to expand CPOV program eligibility to all qualifying Chrysler, Jeep and Dodge dealers in the United States, we look for the program to grow and sales to continue in this direction."

Marketed as "Brand Spankin' Used(R)," Chrysler Certified Pre-Owned Vehicles are sold only through Chrysler, Jeep and Dodge dealerships that have had a comprehensive validation of the dealership's facilities, operational processes, salesperson and technician training accreditation before they are authorized to sell Chrysler Certified Pre-Owned Vehicles.

For a vehicle to be certified under Chrysler's used-vehicle program, it must be a 2003 through 2008 model pre-owned vehicle with less than 65,000 miles and pass a stringent 125-point mechanical, safety and condition standard inspection. Chrysler Certified Pre-Owned Vehicles are backed by an eight- year/80,000-mile powertrain limited warranty, 24-hour, 365-day full roadside assistance with a $35 per day rental car allowance and a three-month or 3,000- mile Maximum Care warranty that is added to any remaining 3-year/36,000-mile comprehensive new vehicle warranty.

In addition, Chrysler Financial consistently offers special financing programs for qualified CPOV buyers, and along with the Carfax vehicle history report, a Carfax limited buyback guarantee is offered as part of its certified pre-owned vehicle program partnership with the automaker.

Used vehicle shoppers can learn more about Chrysler's Brand Spankin' Used Certified Pre-Owned Vehicle program as well as find detailed inventory and dealer listings online at www.brandspankinused.com or by searching independent, used, vehicle search engines including AutoTrader.com, Cars.com, AutoExtra.com and AutoMart.com.

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