Have questions about Fiat Chrysler buyback program? Read this - Detroit Free Press
Owners of Dodge SUVs and Ram pickups eager to find out if their vehicle is eligible for a buyback program announced by the National Highway Traffic Safety Administration. The buyback program is one component of a consent order that also includes $105 million in civil penalties for the automaker's lax record of repairs and communication for 23 recalls covering more than 11 million vehicles. The consent order requires FCA to notify affected owners within 60 days, during which time NHTSA expects FCA will develop detailed procedures for meeting its obligations. Q: Will the owners receive a check from FCA for the vehicle. That’s a question better directed to FCA, but FCA is required to pay owners for their vehicles. FCA is required to pay vehicle owners for their vehicles. The consent order requires FCA to "refund the purchase price paid by the first purchaser of the vehicle for purposes other than resale, less a reasonable allowance for depreciation, and not including the cost of modifications made to the vehicle... FCA US will additionally offer a premium of 10% above the purchase price to any owner of an unremedied vehicle. Source: www.freep.com
