Chrysler’s August incentives mean that several Chrysler vehicles, like the Town and Country minivan, PT Cruiser and Sebring sedan, are good bets for buyers with bad credit.
The automaker is continuing its summer incentive program this month, offering 0 percent car loan financing on several of its models. While many automakers tout 0 percent deals, Chrysler currently offers the longest period, with five years on the PT Cruiser or Town and Country and six years on the Sebring.
With the automaker set to introduce revamped versions of these models (except the PT Cruiser, which is being discontinued), Chrysler is looking to get rid of the models as fast as possible. For buyers with subprime or bad credit, that could mean a great deal on a vehicle.
Chrysler’s six year offer also extends to the Dodge Charge and Jeep Grand Cherokee. For five years, buyers can get the Jeep Patriot, Liberty, Commander and Compass or Dodge Avenger, Nitro or Grand Caravan for 0 percent interest.
Alternatively, buyers can secure a car loan through a third party, then opt for one of Chrysler’s “cash back” incentives in order to save even more money.