In recent memory auto makers have been trying to one up their competition by offering longer warranties for their powertrain parts, but Fiat Chrysler is shortening their for the 2016 models. They are taking their 100,000/5-year powertrain limited warranty and shortening it down to 60,000/5-Year warranty. That is a 40% decrease in the mileage. This change is effecting all Chrysler, Dodge and Jeep vehicles that are gas powered in the United States.
Normally companies are trying to give a better deal to beat their competitors, but Fiat thinks differently. I know in the auto transport industry companies are always trying to beat their competition by offering better quotes or better services for transporting the car. It is not common nature to see a company backtrack and win fans over.
This has been a trend in the industry, however, with GM cutting their warranties to 60,000/5-years. Other companies such as Honda, Ford, Toyota, VW, and Mazda all have the same warranty as what Fiat is lowering theirs down to. The last remaining companies that have longer warranties are Kia, Hyundai and Mitsubishi. Those companies have a 10-year/100,000 mile warranty for first owners only.
You would think that if a company is standing by their product with an excellent warranty then the vehicles are made better, but when companies are lowering their warranties it can people feel a little bit uneasy because the perception is that the vehicle isn’t made as good and that problems will start happening shortly after the 60,000 mark. That can really hurt an auto company and it’s sales. Time will tell if this will hurt or not effect the fiat Chrysler brand.
If you are in the market for a new vehicle and you are looking to buy a Jeep, Dodge, or Chrysler vehicle you might want to think about buying a 2015 model instead of a 2016 model when they arrive so you can have the better warranty.