Chrysler Capital Blog

How a Simple Interest contract works

If you already have or are looking to apply online for a vehicle purchase, chances are you’ll be given a Simple Interest contract. How does such a contract work and how will it affect your monthly car payments? Our Simple Interest video in our Customer Center can help explain. Essentially, there are three important factors in a Simple Interest contract. PRINCIPAL The Principal refers to … Read More

Chrysler Capital Test Drive: Jeep® Gladiator

The moment arrived. After months of hype and a grand arrival, I finally got my chance to go behind the wheel of the Jeep® Gladiator. My first couple of test drives with the Ram 1500 and Chrysler Pacifica were wonderful experiences as each ride displayed what’s made the two award-winning vehicles so notable among their segments. But as fun as those rides were, the build-up … Read More

How does GAP coverage work?

GAP coverage (aka Guaranteed Asset Protection) is optional insurance coverage that pays the difference between what is owed and what a vehicle is worth in the event the automobile is stolen or destroyed. This coverage is included in the terms of a Chrysler Capital lease contract and optional in terms of financing a vehicle purchase. So how does it work? Well, here’s a nightmare scenario … Read More

Dodge Charger gets higher “Octane” in fall 2019

Prepare yourselves. A blackout is upon us. One of the world’s most powerful sedans will put even more pedal to the metal this fall with the release of the limited-edition 2019 Dodge Charger SRT® Hellcat Octane Edition. One of the vehicle’s main attractions will be its “blacked-out” theme both on the interior and exterior.   According to an official FCA US LLC press release, the … Read More

Why preapproved auto financing makes sense

Any time you can take some of the stress out of an otherwise stressful situation, it’s a good thing, right? So why not make your next car- or truck-buying experience more pleasant with preapproved auto financing? What you need   It’s easy to apply online. With Chrysler Capital, all you need is a computer, tablet or smartphone and you can be on your way in … Read More

Check out the “very popular” CarGurus 2019 Best Used Car Award winners

Earlier this month, CarGurus, an online automotive marketplace, awarded the Dodge Charger, Dodge Challenger, Jeep® Wrangler and Jeep Wrangler Unlimited with 2019 Best Used Car Awards. The four FCA US LLC vehicles won for the following vehicle segments: 2011–2018 Dodge Charger – Full-size Sedan 2008–2018 Dodge Challenger – Sports Car 2007–2017 Jeep Wrangler – Small Crossover/SUV 2007–2017 Jeep Wrangler Unlimited – Midsize Crossover/SUV In addition, … Read More

Chrysler Capital Test Drive: 2019 Chrysler Pacifica

I can count my experiences with minivans on one hand. Most of my memories with vans come from carpooling to school when I was a kid. I remember I would get excited for one specific neighbor to pick me and my group up because she had a sleek, state-of-the-art VHS player inside the minivan. As a child in the 90s, this was unbelievable. It was … Read More

The Jeep® Gladiator has arrived! Here’s all the info you need

The wait is over. Last month, excitement built when 4,910 Jeep® Gladiator Launch Edition vehicles sold out on the first day during the brand’s Jeep 4×4 Day. Now that excitement culminates as the 2020 Jeep Gladiator begins its arrival to dealerships across the country. To celebrate the reemergence of the Jeep brand pickup, we put together our previous posts and truck features that make the … Read More

How long can I lease a car?

For those who choose to lease their vehicles, one of the distinct advantages over traditional financing is the shorter terms associated with leasing. There are many benefits that go hand in hand with a short-term contract, and we’ll get to some of those in a bit. But before we go down that road, let’s discuss the first step – determining the contract term that is best for … Read More

Auto finance definitions to remember

Think back to the last time you bought a vehicle. Did you feel, at times, like the salesperson or finance manager was speaking a different language? It can happen. Sometimes using industry-lingo becomes second nature and we forget that others don’t always speak our language. Here are a few terms and definitions to help clear things up when you make your next visit to the … Read More