Car Leases

Chrysler Capital helps more people get into the driver’s seat of Chrysler, Dodge, Jeep, RAM and FIAT vehicles with flexible lease options.

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

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

Leasing vs. Buying – which is right for you?

Perhaps you know someone trying to decide whether to lease or buy? Or maybe you’re in a quandary about the same for your next vehicle purchase. Our roadmap can answer a few key questions and steer you in the direction of what works best for you.   For more information regarding leasing vs. buying and all other financial resources, please visit our Customer Center.

2019 Ram 1500 wins Autotrader Best New Cars for 2019 Award

Over the past year, the Ram 1500 has been making headlines — from winning multiple awards to unveiling new-edition trucks at auto shows. It’s also pretty good at getting you out of a jam. Now the pickup can add another trophy to its mantle as Autotrader announced the 2019 Ram 1500 earned a spot on the publication’s Best New Cars for 2019 Award. Autotrader’s award … Read More

Chrysler Capital Test Drive: 2019 Ram 1500 Limited Crew Cab 4×4

 When purchasing a vehicle, one of the most important factors in making your decision is the test drive. This part of the car-buying process presents the best opportunity to get an up-close-and-personal look at your potential ride. It also provides an opportunity to interact with the dealership and learn any information to help inform your decision. On a sunny spring day, we went out for … Read More

The good, the bad and the real deal of used car shopping

Let’s talk used car shopping. I know, I know. Yuck. But let’s do it anyway, just for a little while. Have you added a driver to the family and are now looking to add a vehicle as well? Or maybe you’ve been thinking about getting something that gets better gas mileage to use for your daily commuter. If so, it’s a good time to get … Read More

Should you buy your leased vehicle? How to decide

Two and a half years ago, you walked into the dealership, fell in love and drove home in your shiny new car. The lease contract payment fit your budget perfectly and the plethora of lease-end options were very appealing. Now, with only a few months left, the time has arrived to research those options and determine which works best for you. Financial Aspects When considering … Read More

Can you return a leased vehicle early?

A 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. The truth is, you can turn in a leased vehicle early. You can also trade the vehicle, sometimes also called a lease-buyout and sale. Is it better to fulfill the terms of your lease contract? Yes. But sometimes circumstances … Read More

What is a disposition fee on a Lease Contract?

In a previous post on how auto leasing worked, 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 upfront how much it will be.” Simply put, the disposition fee is charged by the lessor … Read More