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.

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

Chrysler Capital Test Drive: Jeep® Gladiator

The moment arrived. After months of hype and a grand arrival, I finally got my chance to go behind the wheel of the Jeep® Gladiator. My first couple of test drives with the Ram 1500 and Chrysler Pacifica were wonderful experiences as each ride displayed what’s made the two award-winning vehicles so notable among their segments. But as fun as those rides were, the build-up … 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

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? What you need   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 … Read More

Chrysler Capital Test Drive: 2019 Chrysler Pacifica

I can count my experiences with minivans on one hand. Most of my memories with vans come from carpooling to school when I was a kid. I remember I would get excited for one specific neighbor to pick me and my group up because she had a sleek, state-of-the-art VHS player inside the minivan. As a child in the 90s, this was unbelievable. It was … 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

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