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2002 Chrysler 300M Overview, Reviews, Ratings & Specs

Rating: 4.49
Based on 19 Owner Reviews â–¶
Jovan | March 31, 2025
The 2002 Chrysler 300M is a full-size, front-wheel-drive sedan descended from the Chrysler LH platform. Produced from 1999-2004, it aimed for a European-inspired driving experience. Key trims included the base 300M and the Special. It stood out for its sleek styling and powerful V6 engine, offering a blend of luxury and performance at a more accessible price point. Original pricing ranged approximately from $29,000 to $33,000. Its popularity stemmed from its unique blend of American size and European handling.
The Good

The 2002 Chrysler 300M offers a strong V6 performance appealing to enthusiasts. Its comfortable ride and spacious interior make it practical for families. The sleek, European-inspired design provides an emotional draw, while its relatively affordable price represents good value for those seeking a luxurious experience without breaking the bank. Its smooth automatic transmission also adds to the comfort.

The Bad

Known weaknesses of the 2002 Chrysler 300M include potential transmission issues, particularly with higher mileage. Electrical problems, such as issues with the power windows and door locks, are also frequently reported. The car's age means finding replacement parts can sometimes be a challenge, and rust can be a problem in certain climates. Regular maintenance is crucial.

2002 Chrysler 300M: Quick Overview

  • Engine Options: A single engine option was available: a 3.5L High Output V6.
  • Horsepower: The 3.5L V6 produced 250 horsepower.
  • Fuel Economy: Approximately 17 mpg city / 25 mpg highway.
  • 0-60 Times: Around 7.6 seconds.
  • Towing Capacity: Not recommended for towing.
  • Trim-Level Features:
    • Base 300M: Included features like leather seats, automatic climate control, power windows and locks, a premium sound system, and alloy wheels. The base model also featured keyless entry.
    • 300M Special: Offered upgrades such as stiffer suspension, performance-tuned steering, special interior trim, and unique exterior styling cues like body-color moldings, and 18" wheels. Included auto-adjusting mirrors and high performance brakes.
  • Transmission: 4-speed automatic transmission.
  • Drivetrain: Front-wheel drive.
  • Braking System: Four-wheel disc brakes.

2002 Chrysler 300M Specifications

Vehicle Information
Year 2002
Make Chrysler
Model 300M
Trim -
Style -
Type Sedan
Category Large Car
Manufacturing Details
Made In Canada
Manufacturing City BRAMALEA
Dimensions
Doors 4-Door
Curb Weight 3581 pounds
Gross Vehicle Weight Rating -
Overall Height 56.00 inches
Overall Length 197.80 inches
Overall Width 74.40 inches
Wheelbase Length 113.00 inches
Standard Seating 5
Engine & Performance
Engine 3.5-L V-6 SOHC 24V
Engine Size 3.5L
Engine Cylinders 6
Transmission 4-Speed Automatic
Transmission Type Automatic
Transmission Speeds 4-Speed
Drivetrain Front-Wheel Drive
Additional Features
Anti-Brake System 4-Wheel ABS
Steering Type Rack & Pinion
Pricing
Manufacturer Suggested Retail Price (MSRP) $29,055
Invoice Price $27,010
Delivery Charges $680

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Analysis

What Problems Does the 2002 Chrysler 300M Have?

Frequently reported problems for the 2002 Chrysler 300M often revolve around the automatic transmission. Shifting issues, slipping, and complete transmission failure are concerns, particularly with higher mileage examples. Electrical problems are also common, including malfunctioning power windows, door locks, and issues with the climate control system. Some owners have reported problems with the instrument cluster.
Recalls for the 2002 Chrysler 300M were issued related to the air bag system and potential fuel leakage from the fuel rail. Checking the vehicle's VIN for outstanding recalls is crucial before purchase.
Long-term reliability concerns center on the durability of the transmission and the potential for corrosion. The car's age means that rubber components, such as hoses and seals, may be prone to deterioration. While some owners have reported positive experiences with proper maintenance, the 300M is generally considered to have below-average reliability compared to some of its competitors. Regular maintenance, careful inspection, and addressing issues promptly can help to mitigate these concerns. Specific issues may vary slightly by model year, but the core problems related to the transmission and electrical systems remain consistent across the production run.

How long will the 2002 Chrysler 300M last?

With proper maintenance, a 2002 Chrysler 300M could potentially reach 200,000 miles or more, translating to over 20 years of service. However, achieving this longevity depends heavily on diligent upkeep. Regular oil changes, transmission fluid services, and timely repairs are essential. Weaknesses over time include potential transmission failure, electrical issues, and corrosion, particularly in areas with harsh winters. Neglecting maintenance will significantly shorten its lifespan. Consistent care is the key to maximizing the car's durability.

What Technology & Safety Features are Included?

The 2002 Chrysler 300M featured decent technology for its time. Standard features included a premium sound system with CD player, automatic climate control, and power windows and locks. Some models included a trip computer providing information such as fuel economy and outside temperature. The sound system often included an amplifier and multiple speakers for enhanced audio quality.
Driver-assistance features were limited compared to modern vehicles, but it did include features like antilock brakes (ABS) and traction control. No advanced driver-assistance systems like lane departure warning or adaptive cruise control were available.
Safety features included dual front airbags. Side airbags were available as an option. It also had child safety seat anchors (LATCH system).
Crash-test ratings from the NHTSA (National Highway Traffic Safety Administration) for the 2002 Chrysler 300M were generally favorable, earning good scores in frontal and side impact tests. The IIHS (Insurance Institute for Highway Safety) also conducted tests, and results should be consulted for a comprehensive safety assessment. The safety ratings varied slightly based on the specific test and year.
Optional features included a sunroof, leather upholstery, and upgraded sound systems. Remote keyless entry was also a popular option, providing added convenience for owners.

What Colors Options are Available?

Exterior Colors
Black Clearcoat
Deep Sapphire Blue Pearlcoat
Bright Silver Metallic Clearcoat
Opal White Pearlcoat
Graphite Metallic Clearcoat
Dark Taupe Metallic Clearcoat
Interior Colors
Dark Slate Gray
Light Taupe

2002 Chrysler 300M Prices and Market Value

When new, the 2002 Chrysler 300M had an MSRP ranging from approximately $29,000 to $33,000, depending on the trim level and options. As a used car, the 2002 Chrysler 300M's current market value is significantly lower, typically ranging from $2,000 to $6,000, depending on condition, mileage, and location. Depreciation has been substantial due to the car's age, reliability concerns, and the availability of newer, more technologically advanced vehicles. Factors affecting resale value include the car's overall condition, maintenance history, mileage, and whether it has any outstanding recalls. Models with lower mileage and a documented service history command higher prices, though demand remains limited.

2002 Chrysler 300M Cost of Ownership

Insurance costs for a 2002 Chrysler 300M are relatively low due to its age and depreciated value. Fuel costs are moderate, considering its V6 engine. However, maintenance and repair costs can be higher than average due to potential transmission and electrical issues. Finding parts might become more challenging over time, increasing expenses. Long-term ownership can be costly if significant repairs are needed. The 2002 Chrysler 300M is not particularly economical to own, particularly if it hasn't been well-maintained.

2002 Chrysler 300M Fuel Efficiency

Fuel Type Gasoline (Required)
Fuel Capacity 17.00 gallons
City Mileage 18 miles/gallon
Highway Mileage 26 miles/gallon

2002 Chrysler 300M Safety Rating

NHTSA
Side Driver Rating
Frontal Passenger Rating
Rollover Rating
Side Rear Passenger Rating
Frontal Driver Rating
IIHS
Rear Crash Protection/Head Restraint Ratings Not Tested
Moderate Overlap Front Test Results Acceptable
Side Impact Test Results Not Tested

2002 Chrysler 300M Recalls & Defects

Seats:front Assembly:recliner
Recall date 2003-02-05
Recall no. 03v035000
Source NHTSA
Summary ON Certain Passenger Vehicles, Seat Back Recliner Bolt Breakage CAN Occur Resulting IN THE Seat Back Reclining Unexpectedly.
Consequence IF THE Seat Back Unexpectedly Reclines While THE Car IS Being Driven, IT Could Result IN Loss OF Vehicle Control, Increasing THE Risk OF A Crash.
Remedy Dealers Will Replace THE Recliner Bolts. Owner Notification Began ON April 23, 2003. Owners WHO Take Their Vehicles TO AN Authorized Dealer ON AN Agreed Upon Service Date and DO NOT Receive THE Free Remedy Within A Reasonable Time Should Contact Daimlerchrysler AT 1-800-853-1403.
Notes Daimlerchrysler Recall NO. C04. Customers CAN Also Contact THE National Highway Traffic Safety Administration's Auto Safety Hotline AT 1-888-Dash-2-dot (1-888-327-4236).
Exterior Lighting
Recall date 2009-04-07
Recall no. 09e012000
Source NHTSA
Summary Sabersport IS Recalling 16,270 Combination Corner and Bumper Lamp Assemblies OF Various Part Numbers Sold FOR USE AS Aftermarket Equipment FOR Various Passenger Vehicles. These Headlamps Fail TO Conform TO THE Requirements OF Federal Motor Vehicle Safety Standard NO. 108, "lamps, Reflective Devices, and Associated Equipment." These Lamps DO NOT Contain THE Required Amber Side Reflectors.
Consequence Decreased Lighting Visibility MAY Result IN A Vehicle Crash.
Remedy Sabersport Will Notify Owners and Offer A Full Refund FOR THE Noncompliant Combination Lamps. THE Safety Recall Began ON MAY 11, 2009. Owners MAY Contact Sabersport AT 1-909-598-7589.
Notes This Recall Only Pertains TO Aftermarket Replacement Equipment and HAS NO Relation TO ANY Original Equipment Installed ON Vehicles Produced BY THE Vehicle Manufacturer.in Order TO Determine IF Your Aftermarket Lamp Assembly IS Affected BY This Noncompliance, Please Review THE List OF Model Numbers Provided TO US BY Sabersport.the List CAN BE Found Under "document Search" Located AT THE Bottom OF Your Screen.owners MAY Also Contact THE National Highway Traffic Safety Administration's Vehicle Safety Hotline AT 1-888-327-4236 (Tty 1-800-424-9153), or GO TO <A Href=http://Www.safercar.gov>http://www.safercar.gov</a> .

2002 Chrysler 300M Warranty

Basic
Original warranty 36 months / 36,000 miles
Estimated remaining Expired
Powertrain
Original warranty 36 months / 36,000 miles
Estimated remaining Expired
Rust
Original warranty 60 months / 100,000 miles
Estimated remaining Expired

2002 Chrysler 300M Insurance

Insurance for a 2002 Chrysler 300M is moderately priced, reflecting its status as a Sedan with strong safety ratings and
reasonable repair costs.

How Does the 2002 Chrysler 300M Compare to Other Sedan?

The 2002 Chrysler 300M competed against vehicles like the Buick LeSabre, Toyota Avalon, Nissan Maxima, and Ford Taurus. In terms of performance, the 300M offered a strong V6 engine, comparable to the Maxima but generally more powerful than the LeSabre or Taurus. Features-wise, it was competitive, offering leather seats and premium sound systems, similar to the Avalon. However, reliability was a major drawback compared to Japanese rivals like the Avalon and Maxima, which were known for their dependability.
In terms of price, the 300M was initially positioned competitively, offering a more luxurious feel at a slightly lower price point than some of its rivals. On the used market today, its price reflects its age and reliability concerns.
Alternatives to consider include the Toyota Avalon, which offers superior reliability and a comfortable ride. The Nissan Maxima provides a sportier driving experience and better handling. The Buick LeSabre offers a comfortable ride and simple, straightforward operation. While the 300M has its charms, buyers prioritizing long-term reliability should consider the alternatives mentioned.

Ranks #2197 Sedan

1 2023 Toyota Camry (5.0★)
2 2023 Honda Accord (0.0★)
3 2023 Lexus ES (0.0★)
4 2024 Subaru Legacy (5.0★)
5 2022 Mazda MX-30 (5.0★)
6 2024 BMW M3 (0.0★)
7 2023 Ford Mustang (5.0★)
8 2023 Mercedes-Benz AMG GT (0.0★)
9 2023 Audi A3 (0.0★)
10 2023 Chevrolet Camaro (5.0★)
11 2023 Hyundai Elantra Hybrid (0.0★)
12 2023 Nissan Altima (4.0★)
2197 2002 Chrysler 300M (5.0★)

Final Verdict: Is the 2002 Chrysler 300M a Good Sedan?

The 2002 Chrysler 300M is ideal for someone seeking a stylish, full-size sedan with a comfortable ride and strong V6 performance on a budget. It's worth buying *used* only if it's been meticulously maintained and has a clean service history. Potential buyers should be prepared for potential repairs, particularly to the transmission and electrical systems. A pre-purchase inspection by a trusted mechanic is highly recommended. The Special trim offers slightly improved handling. It's not recommended for those prioritizing long-term reliability above all else or for those seeking a truly economical daily driver. If found in good condition at a very low price, it can be a decent value, but factor in potential repairs.

2002 Chrysler 300M Owner Reviews

4.49
Consumer Rating, Based on 19 Consumer Reviews
Overall rating
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Chris on September 3, 2019

Great value, great style

I've owned this car for nearly three years as a work car, for long-distance trips, and for other basic needs. The exterior style still looks sharp almost 20 years later and Chrysler did a great job designing this car both inside and out. Besides the transmission needing a rebuild at 114k, the car has been reliable, especially in the cold winter months here in MN. The 3.5 HO engine has plenty of horsepower for the size of the car and can pass with ease. Seats are extremely comfortable with plenty of leg-room, cushion, and back support for long drives. Passengers have always complimented the car on its spaciousness and comfort in the rear cabin. The "Special" trim lowers the vehicle with an added body kit, and bigger tires/rims, and can make it difficult for some to enter and exit. Another issue with the lowered clearance I've had is scraping the bumper over driveways and other entrances that most other cars would have no problem with. Overall, I'm happy I purchased this car and think it's a great value for anyone looking for a low price, reliable, and comfortable form of transportation.

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Tracey on November 21, 2018

Low miles and in great shape

This car runs great and is exceptionally clean, no rust anywhere. Great deal for first car or winter driving, never been in an accident and we?ll maintained.

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buckmann on February 19, 2018

The fourth Chrysler 300M we've owned, a great car!

The car is all we could ask for, great power, great ride, good mileage, and looks great. We've bought 2 300M's with very low mileage, and probably saved $25,000.00 per car over new car prices. Our last car had 16,787 miles when we bought and this most recent one only had 14,925 miles on it when we bought it.

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Kyle on January 22, 2018

Was sturdy but i did not like the design

The car came from my uncles friend terry who mistreats car terribly even so I drove it 20 miles to work and back every day. I highly recommend.

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KBrooks309 on December 1, 2017

Eh...

This was my first car that ive owned. I bought it used with about 120,000 miles on it, which is a lot. However, I was expecting it to last me longer than a year and a half. Within the first month the transmission busted on me and I got it replaced with no charge. Then it would have issues with starting and the problem was the battery. The battery is placed in the most horrible place and it is extremely hard to get to. If you have one and need to replace the battery, look it up on youtube. The beginning of this year the transmission went out on me for the second time so I gave up on the car and moved on to another. It was a fun ride and great car other than that. If you need a used first car I would recommend but don't think your gonna get much life out of it.

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Lawrence 1119 on November 11, 2017

2002 CHRYSLER 300 M 1 WORD (AWESOME)

I have to say that Ive always been a Cadillac guy needed a cheap used car came across this 15 yr old mint 300m all bells and whistles inside and out the Cherry on top one owner before me treated it like it was his baby and only 80,000 miles honestly I'm so glad that I got lucky that I actually and honestly love driving MY 15YR OLD 300m more than my 2017 Jeep Cherokee just had to leave this post

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Very re-tired RN on September 18, 2017

I have only done usual maintenance & new tires & b

This car is very comfortable for long distance trips. Even with 100,000+ miles on the highway I get 20+ mpg The all wheel drive is a plus living in KS with snow, ice, & black ice especially when I live at the bottom of a pretty steep hill

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Kerrick on July 27, 2017

I wish it was like my old one

Vehicle needed brakes and rotors. Also the exhaust had a leak in it. My original 300M Special I loved it. I wish that I didn't have to let it go.

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Aiel Man on February 19, 2015

The Special IS

First let me say that I bought a 300M Special. Which is a different car than the regular 300M in many ways. A higher output engine, Z-rated high performanse tires, dual exhaust, autostick transmission, and a much better grade of leather then Chrysler usually uses are just some of the differences. When my mechanic was replacing the front end suspension components, he was stunned by the size of the sway bar on this car, saying he'd only ever seen one that big on a Mustang Cobra. And most of the Specials ever built were exported to Europe to kick the snot out of bmw and audi. Only 8,000 a year were vailable in the States. And all of these things show when you own one. Fast, smooth, luxurious, and handles like no other American car from the last decade. At 13 years old it still turns heads in parking lots and garages. I recently averaged 28.1 mpg on a drive from Louisville to St Louis at an average speed of around 78 mph. If you can find one, buy it. You'll never look back.

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DatGirl on May 26, 2013

Mama made an ECELLENT choice!

This car was bought brand new off the lot. I advised against the car originally I wanted my mother in a little bigger behicle. She died in 2006 and Im an only child so the car went to me. This car has NEVER been in the shop, great car, sporty I love the look of the car. Chrysler made a fine vehicle when they put these out! Of course this car has been well taken car of too oil changed regular, tires rotated, tune ups and garage kept. I would definately recommend this car!

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Jovan

Jovan specializes in interpreting vehicle records and making sense of VIN data. With over 10 years of experience in the automotive data industry, his work ensures that every report is clear, accurate, and useful for car buyers.