Auto Finance

At Chrysler Capital Blog: The Road Best Traveled, we endeavor to provide easy-to-understand auto finance information and advice.

WHAT IS A DISPOSITION FEE ON A LEASE CONTRACT?

In a previous post on how auto leasing works, one of our “Terms to Know” was Disposition Fee. It was defined as: “Charged by some lessors for the privilege of returning the vehicle and walking away; the cost is spelled out in the lease contract, so you will know up front how much it will be.” Simply put, the disposition fee is charged by the lessor … Read More

How to trade in a car with negative equity

When you owe more than your vehicle is worth but still intend to trade in – and plenty of people do – then planning your next steps will help you to get the most out of the deal.* Learn how you can approach it, below. Rolling over your negative equity In this situation, it’s common for negative equity to be rolled into financing for the … Read More

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

Auto financing for first-time buyers

  If you’re looking for financing as a first-time car buyer, then you’ve likely got questions. Questions such as: How easy is it to get credit for your first vehicle? Can you get funding with no credit experience? What are the options? Don’t worry. At Chrysler Capital, we understand this is an important step in life and we have financing opportunities to help. What’s more, … Read More

WHAT CAR BUYERS CAN DO WITH LITTLE TO NO CREDIT

For those with little to no credit, there is still opportunity to purchase a vehicle.     Though low credit scores aren’t the most ideal, they don’t tell the entire story for a consumer, and Chrysler Capital works diligently to provide full-spectrum auto financing options. “Chrysler Capital does have buying power for first-time buyers for some of the subprime applicants that are out there,” says … Read More

HOW ARE YOU UTILIZING THIS YEAR’S TAX REFUND?

The deadline for sending in taxes is just around the corner in April. According to IRS.gov, the average refund for 2019 (as of December 2019) was $2,869. If you’re receiving a refund this year, first off, congratulations! Secondly, have you planned what you’re doing with your new earnings? Of course there are plenty of options for how you can use a refund that would be potentially … Read More

Jeep® and Ram brands shine bright in KBB.com Resale Value Awards

For many drivers, a time comes when one decides to trade in their current vehicle to help purchase a new ride. And I think all can agree that the more we receive on our trade-in, the better. One of the industry’s most trusted vehicle valuation and information sources Kelley Blue Book (KBB.com) put together their latest list of vehicles expected to maintain the greatest proportion … Read More

HOW DOES NEGOTIATING IN AUTO LEASING WORK?

  When looking into a lease deal on a vehicle, have you wondered if there may be any wiggle room on the final numbers? There’s a common misconception that the auto leasing process is not negotiable. While leasing can be significantly different from traditional financing, when it comes to negotiating, the two are quite similar in certain ways. For example, the price of the vehicle … Read More

Dodge, Jeep® and Ram brands set record sales in 2019

For 2018, FCA US celebrated a record-setting year in sales from their Jeep® and Ram brands. To cap off the decade, more records were set by the two brands as well as the Dodge Charger and Challenger. FCA US closed the fourth quarter and 2019 with a handful of records from Dodge, Jeep and Ram, setting the brands to new sales levels. According to an … Read More

Top Chrysler Capital blog posts of 2019

The year that was. As we put a bow on top of 2019, we take a look back at our top Chrysler Capital blog posts. From test drives and awards to auto financial advice, it was an eventful year in the realm of FCA US. Without further ado, here are the Top 10 blog posts of 2019. 1. CAN YOU RETURN A LEASED CAR EARLY? … Read More