Are you an owner of a 2014-2015 Jeep Cherokee? A 2015 Jeep Renegade? A 2015 Chrysler 200?
Are you seeing an unexplainable decrease in the value of your rig?
We may have an explanation and solution for you. On November 23, 2015, a class action was filed against Fiat Chrysler America regarding the transmission defects in these vehicles. And, just as we saw with the VW diesel cheat-devices, once the news hit the street, car values plummeted.
Just over two years later, a settlement might be reached. On February 12, 2018, the proposed class of affected car owners urged the judge to accept a settlement offer from FCA (We have seen orders from Judge’s take as long as 18 months to issue):
“Under the terms of the agreement, eligible drivers could receive as much as $2,000 in cash or $4,000 in a trade-in voucher, with the amount depending on the number of complaints drivers made about their transmissions to FCA US LLC dealers, (we are all professionals here, I should only have to talk to my dealer – ONCE) ---- all according to the filing. Drivers would also receive an extended warranty…”
IF, and after the Judge accepts it, then you’d have about 12-18 more months of getting all the paperwork done.
You – as a consumer – have two options:
Do nothing and wait. You are already a member of the class by buying one of the affected vehicles, and can file a claim once, and if, the settlement is approved.
Don’t wait. Take this into your own hands and file individually. A bit more of your time is required, but nothing of your wallet.
For more information on either option, please contact us at (650) 762-8545 or fill out the form below!