Auto Finance

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

Chrysler Capital Test Drive: 2020 Ram 1500 Limited

Have you ever walked into an event or a restaurant, looked at your outfit, and thought, “I am really underdressed.” That’s similar to how we felt stepping into the 2020 Ram 1500 Limited Crew Cab 4×2. We were thoroughly impressed during our first-ever test drive with the 2019 Ram 1500, and the 2020 model we drove was equally, if not more, impressive. Whether you’re searching … Read More

Chrysler Capital Test Drive: Jeep® Grand Cherokee

When it comes to car buying, the areas we live in can have a great influence on the vehicle we drive. There are rides that may be better suited for rougher terrain, while others are meant to stay on just the highway. But then there comes a select few that fit in any environment and can adapt to any situation. After having a first-hand experience, … Read More

How to handle car buying during Labor Day weekend — Autotrader

Labor Day and other holiday weekends make for opportune times to car shop. As a result, the same convenience of having an extra day or two off from work can create a busy and sometimes hectic experience due to the increase in volume of consumers out shopping. Typically dealerships will bring out exclusive deals for the extended weekends, aware of the increase in foot traffic. … Read More

Chrysler Capital and Santander Consumer USA award $10,000 grand prizes in ‘Go Paperless’ campaign

Chrysler Capital and Santander Consumer USA awarded a $10,000 grand prize and five $500 prizes for each brand to customers who signed up for paperless statements earlier this year. But the sweepstakes was a win-win as Chrysler Capital and Santander Consumer USA signed up thousands of customers for paperless statements. “We are excited to announce our winners of the paperless sweepstakes,” said Lori Millard, SC … 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 Kevin from … Read More

Need to sort out your car budget? Our finance calculator can help!

Car budget

Creating a budget is easy. Sticking to it is a whole different story. For any car buyer, it’s critical to understand how much car you can afford and what an estimated monthly payment could look like. To help you figure out what your budget can handle, we at Chrysler Capital created our Finance Calculators. By doing your homework today, you’re building the foundation for buying … Read More

Choosing the right vehicle for a new driver

What happens when it comes time to purchase or lease a vehicle for a new driver? Do you run out to get the fanciest, most expensive vehicle on the lot? Probably not. Instead, hopefully, you’ve done research, learned how the auto finance process works and taken into consideration things like your budget and the cost-to-own. Once you’re prepared, it’s time for the exciting part – shopping and test driving. … Read More

See which vehicles best fit your summer vacation needs

We are hitting the peak of summer and vacations continue to ramp up. Of course every vehicle journeying across our highways brings a unique circumstance. For some travelers, it may be as simple as hopping in the car and hitting the open road. For others, it may be getting kids packed and ready and just trying to reach the destination with your sanity intact. Depending … Read More

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

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