Chrysler Group Sets Starting Price for All-New 2002 Jeep® Liberty at Well Under $20,000

The all-new Jeep Liberty goes through its final quality testing on the dynomometer at DaimlerChrysler Corporation's Toledo North Assembly Plant.

Auburn Hills, Mich - The Chrysler Group today announced that its all-new 2002 Jeep® Liberty will start in the U.S. market at just $17,035, which includes a $585 destination charge. Liberty will stand apart from the competition with its unrivaled combination of exceptional on-road refinement and legendary Jeep capability.

"With the all-new 2002 Liberty, the Jeep brand is delivering a unique combination of ruggedness, capability and on-road refinement, to set this vehicle apart from the competition, in true Jeep tradition," said Chrysler Group President and Chief Executive Officer Dieter Zetsche. "Liberty combines the legendary Jeep capability that our customers have come to expect with a new level of on-road refinement – all at an extremely competitive price to broaden our buyer base even further."

The Jeep Liberty Sport features the 150-horsepower 2.4-liter Power Tech engine with a 5-speed manual transmission. All Sport models include driver and front passenger air bags, AM/FM stereo radio with cassette and CD changer controls, unique 65/35 split rear seat with one-handed folding operation, patented rear flipper glass/swing gate system, center rear shoulder belt, user-ready child seat restraint anchorage system, P215/75R16 all-season tires and rear defroster and wiper/washer. Four-wheel drive Sport models start at $18,545 including destination.

The Limited Edition features the all-new 210-horsepower 3.7-liter Power Tech V-6 engine with a multi-speed automatic transmission. The 3.7-liter engine is optional on the Sport model with either a 5-speed manual transmission or a multi-speed automatic transmission. Both Sport and Limited Edition models are available in either two- or four-wheel drive.

Engine Installation of the all-new Jeep Liberty at DaimlerChrysler Corporation's Toledo North Assembly Plant.

The Limited Edition starts at $21,795 including destination, featuring the 3.7-liter V-6 engine and automatic transmission. In addition to the standard Liberty Sport features, the Limited Edition includes AM/FM stereo radio with CD player and CD changer controls, air conditioning, power windows, power locks, speed control, keyless entry, height adjustable steering column, fog lamps, cargo compartment cover, P235/70R16 all-season tires and 16" aluminum wheels. Four-wheel drive Limited Editions start at $23,305 including destination.

Liberty is the first Jeep vehicle with available side air bag curtains. Available on all Jeep Liberty vehicles, side curtain air bags ($390) provide additional head protection for both front and rear outboard occupants.

The all-new Jeep Liberty was designed and developed to expand the breadth of the Jeep lineup and broaden the brand's international appeal. Not only for traditional Jeep buyers, this vehicle will also attract the new generation of sport-utility vehicle buyers, who value on-road refinement and ruggedness.

"The Jeep brand has always been known for its outstanding capability and ruggedness with vehicles such as Wrangler," said Tom Marinelli, Vice President Chrysler/Jeep Division Global Brand Center, DaimlerChrysler. "Grand Cherokee melded this reputation with luxury and now the next great Jeep idea, Liberty, expands the depth and breadth of the Jeep brand even further."

Liberty will be available early this summer, starting with the 3.7-liter V-6 automatic -- expected to be the most popular powertrain combination. The 2.4-liter engine will join the lineup at normal fall introduction.

The all-new Jeep Liberty seen in the paint shop of DaimlerChrysler Corporation's Toledo North Assembly Plant.

Liberty was engineered by the Jeep Platform Team and is being built at the all-new, state-of-the-art Toledo (Ohio) North manufacturing facility. As DaimlerChrysler's newest assembly plant, the Toledo North Assembly Plant represents the culmination of best practices from the company's worldwide operations for lean, flexible, high-quality production.

Also in the Jeep lineup, Grand Cherokee continues production at the Jefferson North (Michigan) Assembly Plant and Wrangler at the Parkway (Ohio) Assembly Plant. As previously announced, Jeep Cherokee production will end mid-2001.

Base Manufacturer's Suggested Retail Prices by model + MSRP Destination
Jeep Liberty Sport 4x2 $16,450 + $585
Jeep Liberty Sport 4x4 $17,960 + $585
Jeep Liberty Limited Edition 4x2 $21,210 + $585
Jeep Liberty Limited Edition 4x4 $22,720 + $585