Month: April 2023

What is a lien on a car?

If you’re approved for financing to purchase a vehicle, then you’ll probably encounter the term “lien.” The chances you’ll know what it means may not be so great, however. A lien on a car is like a safeguard for the lender or other interested party. When you take out the financing, a lien is created, which is the lender’s legal right to possession of the … Read More

Can you return a leased vehicle early?

One common myth of leasing is that, once you sign a contract, you are committed to the vehicle until the terms of the contract are completed. Until I learned more about leasing, and the flexibility that it has, I had that same impression. The truth is you can turn in a leased vehicle early. You can also trade the vehicle, known as a lease-buyout and … Read More

How well do you think drivers care for their cars?

Most drivers know that regular maintenance is the key to keeping a vehicle running smoothly. After all, a well-cared-for car means a safer ride and less chance of repair bills down the road. But how good are we at putting that knowledge into practice? For this April’s National Car Care Month, we carried out a poll asking, “How often do you perform vehicle maintenance?” to … Read More

Financial health begins with these tips, tools and resources

Every month is a financial literacy month for customers of Chrysler Capital – April is just when everyone else takes part. Marking the official Financial Literacy Month, we continue providing all vehicle shoppers, owners and lessees useful, finance-related content in our Discovery Center and on our articles page. And it doesn’t matter whether you are a Chrysler Capital customer or not to take advantage. “It’s important for … Read More