Articles & News About Your Credit

Stop Parking Domain Names
Develop Your Domain Names

Auto Dealers Use Prepaid Gas Cards and Gas Station Credit Cards to Entice Buyers

With gasoline prices in the United States surging ahead at a breakneck pace, buyers who once embraced big oversized trucks and sport utility vehicles (SUVs) are turning away from gas-guzzlers, a move that?s putting the squeeze on both automakers and auto dealers.

None have been hit harder than Chrysler, which relies on trucks and SUV?s for 70 percent of its sales. They reported that sales were down by as much as 23 percent during the first four months of 2008. That may be why Chrysler was the first major automaker to offer what is clearly becoming the most popular incentive of the season?gasoline.

After that dismal 4-month downturn, the maker of Chrysler, Jeep and Dodge vehicles announced it would guarantee that their new customers would never pay more than $2.99 per gallon for gas for the next three years?no matter how high gas prices rise at the pumps.

In a creative marketing move, Chrysler has arranged for its customers to get a special credit card to be used for gas purchases. Customers using the card will be billed $2.99 per gallon to their charge account and Chrysler will pay the rest.

The guarantee, which is offered on 32 models, covers up to 12,000 miles annually for three years, and allows customers to buy gas anywhere they choose. The incentive also follows the vehicle if it is sold, allowing anyone that owns the car during the three-year period to take advantage of the gas incentive.

Suzuki, whose new car sales have been less affected, quickly followed suit by offering free gasoline to US buyers, but only for the summer of 2008.

Industry observers have stated they do not expect free or discount gasoline to take the place of the once most-favored incentive for new car buyers?cash rebates. As critics of the industry are quick to point out, gas giveaways do nothing to address the underlying problem. Gas prices will undoubtedly continue to rise and gas supplies will continue to dwindle.

The problem with this type of campaign is that it is not really solving the problem, but covering it up. With this promotion, Chrysler it seems, is actually encouraging people to go out and buy bigger trucks and SUVs simply because they get a rebate on their gas. But since these trucks and SUVs get much less miles-per-gallon than smaller vehicles, the buyers are going to have to fill up much more often than they would if they downgraded to a smaller, more fuel-efficient car.

Using more gas is only going to make demand for it go up. And when demand goes up, so does the price.

The only real, long-term solution to easing pain at the gas pump, most will agree, lies in developing vehicles that are more fuel-efficient as well as vehicles that use alternative fuel sources. Even though America only has 4% of the world?s population, it uses accounts for 25% of the world?s oil consumption. The smart thing to do is to try and use less gas, not use more at a cheaper price.

In the words of one industry observer, ?The days of driving on cheap fossil fuels are as dead as the dinosaur.?

Discover 17 proven ways to increase gas mileage, including the #1 way to improve gas mileage by up to 43%. Visit the site below now: http://www.MoreGasMPG.com

How To Make Money With Expired Domain Names

Other Article Sites

findabook.com  moneycd.info  a-mortgage.info   about-lemon-laws.info  aboutstudentloans.info
all-about-publishing.info  auctions-articles.info  bestcollege-university.com  bestispconnection.com
biblefolder.com  blogger-website.com  books-used.info  brokers-guide.info  buywindows.info  cable-dsl.info
career-miner.com  carpel-tunnel.info  cashinaflash.info  cashloanreviews.info  casinobell.com  chat-house.info
clearmycredit.info  collegeloantips.info  crones.info  depression-articles.info   dirnic.net  dishguides.info
divers-below.com  expodog.info   financewizz.com  fire-insurance.info  getgood.info  handleit.net   it-idea.info
health-supplies.info  hosting-right.com  insidealert.com  insurance-facts.info  jobs-employment.info
justgood.info  lookgold.net   lowcost-travel.info  money-source.info  myhostzone.info  numisblog.com
peoplesearchfinder.info  pr-articles.info  realeas.com   refinancing-guides.info  spyware-remove.info
telelot.info  the-law.info   toppaid.info  travel-deals.info  travelcorrect.com  wedding-guide-site.com
your-blog.info  your-credit.info

MORE ARTICLES:
Tips to apply for a credit card
Tips to apply for a credit card

4 Things To Consider Before Getting That Credit Card
You see them everywhere. They arrive in the mail. They arrive by phone. They arrive by email. They are positioned by cash registers and gas pumps. They are credit card offers. It can be exciting to read all the enticing offers included on the applications. Free gifts, prizes, rewards, and discounts abound when it comes to credit card applications but before you stretch out your eager hand to grab that pen to fill in the offer you should take a few minutes to consider four important questions.

Credit Cards - Let The Good Times Roll And Pay As You Go
Despite all of the bad things associated with credit cards, there are a lot of good things you can get from themCredit cards are now the fast and convenient way to buy everything, and anything that your little heart desires

Three Ways A Simple Credit Repair Letter Can Help You
Having a credit problem is serious business, and fixing that problem should be done in a business-like manner Picking up the phone and yelling at the lender's customer support representative is not going to help repair your credit; in fact, it may make it worse

A World Where Credit Is King
We live in a world where credit is king. You don?t believe me? Well picture this!

Legislators Ponder New Credit Protection Laws
Legislators in Washington, D.C.

Visa Gift Card ? The Smart Credit Card Alternative
A visa gift card is similar to a debit card and represents money deposited with the issuer (Visa). This card can be used for purchases up to the limit on the card at all outlets where visa card is accepted. The difference between debit card and visa gift card is that debit card is usually issued in an individual?s name where as visa gift card is issued without any name. Further there is a PIN in debit cards where as for visa gift cards there is no PIN. The amount varies from $25 to $2,500. There are two types of visa gift cards, domestic and international. Domestic can be used only within the US while international visa gift cards can be used internationally.

Credit Repair For Your Mortgage
Every Point Counts Do you plan to purchase a home or refinance your mortgage anytime soon You better make sure your credit score is as good as it can be

How to Choose the Best Student Credit Card
Choosing the best student credit card certainly doesn't have to be a complicated process. Sure, there are a few things every applicant should keep in mind, but most of the credit card offers made available to college students these days are pretty decent. So how do you choose the best student credit card?

Mandatory Credit Counseling for Those Considering Bankruptcy
Most Americans are aware of the sweeping changes in U.S.

Eliminate Credit Card Debt
Americans get more and more in debt each year. Debt begins to pile up from credit cards and loans. This high interest debt can quickly turn into a seemingly insurmountable problem forcing you to live from paycheck to paycheck. The tips listed below will help you stop the urge to splurge and enable you to actually start saving money every month.

Cash Back Credit Cards: Let Your Credit Cards Pay You
Want to receive cash every time you swipe your credit card That?s exactly what you?ll get with a cash back credit card

Understanding Frozen Credit
Credit freezes are often confused with fraud alerts, but they are really nothing similar A fraud alert is when new creditors are alerted that you may have been the victim of fraud, and the creditor is required to take additional verification steps that prove they should be accessing your credit and opening an account for you before they can issue the credit

5 Fatal Mistakes We All Make That Drive Down Our Credit Scores
Most people don?t realize that they can drive down their credit scores even if they have a near-perfect record of paying their bills. The five classic mistakes you need to avoid are:

As the Credit Crunch Tightens, "Bad Credit Loans" Offer a Positive Solution
Credit problems are increasing dramatically both in the UK and abroad, explains Andy Hygate from www.loansbadcredit.org.uk.

Develop Your Domain Names | Site Map | Home

Privacy Policy | Copyright/Trademark Notification