Auto Finance

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

Best Black Friday deals for 2015

If you’re in the market for a new vehicle – even if you’ve been THINKING about getting a new vehicle, this weekend may be the perfect time to sign on the dotted line. With droves of people shaking off turkey-comas to scour the post-Thanksgiving-Day deals, dealers are looking to draw your attention away from the malls. What better way to do so than to offer some of the best deals of the year? Three of Fiat Chrysler Automobiles (FCA) vehicles have landed on Yahoo’s Best Black Friday New-Car Deals this year. Each of the vehicles has plenty to offer on their own, but when paired with a Black Friday sales event, it’s a blockbuster that can’t be beat. We lead off with the 2015 Chrysler Town & Country. A mainstay in the Chrysler lineup, the Town & Country has evolved into family transportation at its finest. This year Chrysler Capital is offering special financing on extended terms to qualified applicants who want to drive affordable luxury. In addition, cash allowances may be available. Be sure to visit Chrysler.com to check out the inventory and the value of any available cash allowance in your area. Yahoo also placed the FIAT 500L on its list of Black Friday deals this year. With more space for more passengers and more fun, the 500L … Read More

The “right” vehicle for the first-time car buyer

As a first-time car buyer, one of the most difficult decisions can be choosing which vehicle to purchase. Truth be told, not knowing which vehicle to purchase isn’t limited to just first-time car buyers. Almost anyone can have this dilemma! Unfortunately, there is no cookie-cutter formula to follow. Deciding on a vehicle is a personal decision and the choice you make should be as unique as you. One of the pitfalls many fall into while trying to decide on a vehicle is checking off the list of everything they need without considering anything they may want in a vehicle. Or vice versa. Concentrating too much on one, without considering the other could cause buyer’s remorse down the road. Keep in mind this is meant to be a long-term investment so you want a vehicle that meets your needs AND that you enjoy owning and driving. Ensuring the vehicle you purchase meets your needs, yet still has what you want, is not impossible. Nor do you have to blow your budget. In fact, balancing the two may be easier than you think. Check out the example below:   NEED WANT Interior space to suit a growing family Extra space/storage Modern safety features A safe vehicle Good fuel economy Reasonable out-of-pocket costs Payment within monthly budget Upgrades – sound system, navigation, leather … 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?   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 no time at all.           The online application is quick, with only a few pieces of information to complete prior to submitting.             We do our best to get your decision results back to you as fast as possible so you don’t have to wait for long. Most results are received in less than 60 seconds.           Because you know up front how much you can finance, a preapproval with Chrysler Capital allows you the freedom and confidence to shop for your next car or truck with ease. Check out our short video about our online application and if you’re in the market for new car or truck, apply online today!  

The Best Thing About Owning a Jeep®

Almost everyone knows someone who owns a Jeep, has owned a Jeep (and most likely regrets ever getting rid of it) or aspires to own a Jeep. Ask any number of Jeep owners about their Jeep and nearly every one of them will utter the same four words: “I love my Jeep!” What is it about Jeep that inspires people to become lifelong Jeep enthusiasts? I have to admit, I am on the bandwagon and I can’t really explain why. Is it the rugged, all-American, picturesque images invoked at the mere mention of a Jeep? Is it that you can exchange the corporate ladder for a couple days of muddy tires, windblown hair, limitless laughter and childlike freedom? Maybe. More likely, it’s because Jeeps are cool. Plain and simple. Buy a new car or truck and you will likely get the standard, “Nice car (truck).” But get a new Jeep and the guys want to head out to the parking lot to check it out from top to bottom. There’s all kinds of talk about four-wheelin’ and what you’re going to “do” to it and “I remember back when I had my Jeep…” Whether you are navigating the terrain of the Rockies, muddin’ after a good rain or choreographing your way through rush-hour traffic, the off-road capability, comfort and style … Read More

Auto financing for the first-time buyer

If you go online and search “financing my first car,” you’ll get, oh, roughly 400 million results. Give or take. That’s a lot of information to sort through. And how do you know who’s right? You don’t. But if you’re reading an article that says it’s not possible for a first-time buyer to receive financing, stop reading. Of course it’s possible. How else would anyone ever buy their first car, short of saving every penny they earn for months? There are just a few things you need to know first. I’ve read a few articles telling first-time buyers not to look at new cars because the vehicles depreciate when you drive off the lot. This is true whether you’re a first-time buyer or not. The difference is whether you’re a savvy buyer. There are deals out there to offset the depreciation. If you really want that shiny new Dodge Charger, ask the finance manager what finance or lease deals are currently available in your area and do the comparisons. You might be surprised. Having a well-paid credit card and student loan is a great start to building your credit, but it’s not likely to score you a low-interest auto loan. It’s just not enough history to prove you are a solid risk candidate. You may be able to get approved … Read More