Chrysler Capital News and Information

We’ll keep you updated with the latest auto finance and auto news from Chrysler Capital and the Chrysler Group.

Auto finance definitions to remember

Think back to the last time you bought a vehicle. Did you feel, at times, like the salesperson or finance manager was speaking a different language? It can happen. Sometimes using industry-lingo becomes second nature and we forget that others don’t always speak our language. Here are a few terms and definitions to help clear things up when you make your next visit to the … 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.

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

Tips for trading in your vehicle

Trading in your vehicle can be a very important step during your car-buying process. Thousands of customers throughout the year use their trade-ins in order to purchase a brand-new or pre-owned vehicle. Doing so can go a long way toward hitting your car-buying budget. But before heading off to the dealership, intending to trade “Old Faithful” in on a shiny new ride, take the time … Read More

A recipe for paying off your auto loan early

A good recipe always starts with two things – good ingredients and solid prep work. Don’t believe me? Ask a professional chef. The recipe for paying off your vehicle is not all that different. Ingredients You will need: Your monthly payment amount Your monthly payment due date The funds to make your payment on or before the due date A payment method A clear understanding … 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 … 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

Chrysler Capital customers could win $10,000 for choosing paperless statements

When was the last time you were offered a chance at a prize for doing something that makes your life easier anyway? Well, now you have been. Chrysler Capital is offering eligible1 customers who sign up for paperless statements as of April 1, 2019, a chance to win a $10,000 grand prize or one of five $500 prizes. No purchase is necessary. See Official Rules … Read More