Alfa Romeo, Fiat and Jeep offer customers free 12-month job loss protection
New car buyers will have their car finance payments covered for a year if they lose their job due to the coronavirus outbreak...
Fiat Chrysler Automobiles (FCA) has introduced Drive with Confidence, a new job loss protection initiative that incorporates free-of-charge 12-month job loss protection into all new finance and contract hire agreements.
The offer has been introduced as a result of research by the car group, which showed that 31% of British motorists were interested in buying a new car but were concerned about their job security after the Covid-19 pandemic.
The cover is applicable to all new Abarth, Alfa Romeo, Fiat and Jeep vehicles sold between 1 June and 30 September 2020, including the Alfa Romeo Giulia Quadrifoglio and Stelvio Quadrifoglio, which are both five-star What Car? models.
The job loss protection can be activated any time during the first 12 months of ownership and will waive up to seven monthly finance payments.
Arnaud Leclerc, managing director of FCA UK, said: “We know these are uncertain times, so what better way to support our customers than to give them the reassurance that we will be there to cover their monthly car repayments should their financial circumstances change in the months ahead.”
The survey of 2000 motorists found one in five said the pandemic had so far stopped them from buying a new or used car. It also showed that 36% of people would consider buying a new car if the manufacturer covered finance payments as a result of them losing their job.
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