Chrysler Continues Free Hemi Upgrade and Leasing Push for March

For March, Chrysler’s incentive structure stays pretty much the same as the one we reported in February.

The company decided to extend its “No Charge Hemi” incentive, which gives the buyer the option of upgrading from a V-6 to a V-8-powered Hemi on Ram trucks, free of charge. If you don’t want the Hemi, there’s extra bonus cash — $500 on the V-6 models and $1,000 for the diesel powertrains.

For the month, the Chrysler Town & Country and Dodge Grand Caravan now have cash-back incentives of $750 each.

Chrysler also increased its leasing incentives. The company’s “Bonus Lease Cash” can be used to reduce the capitalized cost of the lease, Chrysler spokesman Ralph Kisiel said. In other words, the incentive helps reduce your monthly payments but won’t reduce the initial fees, deposited or money-down expenses. For more on leasing terms, check out our glossary.

If you’re into leasing and have a family, Dodge is offering a whopping $4,000 in capitalized cost reductions on all Grand Caravan trims. Lease bonus cash of up to $2,000 is available on the 2011 Dodge Avenger, Dodge Charger, Dodge Journey, Chrysler Town & Country or Chrysler 200.

Most of these incentives are available until the end of the month. Continue reading below for a detailed chart:

*Financing APRs are for a standard 60 month loan maturity. Information comes directly from automaker’s retail website.