Auto Loan
Chrysler Financing
Unhappy with your current auto loan terms? Click here to refinance and drive home some savings!
Unhappy with your current auto loan terms? Click here to refinance and drive home some savings!
Want to own or lease a Chrysler? Are you looking for financing options? Chrysler Capital - the in-house Chrysler Financing unit offers a range of incentives. Many deals are location-specific and depend on credit score and down payment. You can get preapproved online to know your eligibility and save time at the dealership.
Key Takeaways
Chrysler Capital offers 12-to-84-month auto loans up to $200,000. Chrysler generally offers qualifying purchasers 0.00% APR finance, though terms vary.
Excellent credit is usually required for the greatest bargains and lowest interest rates. Chrysler Capital claims it has a high acceptance rate for all credit scenarios and uses a scorecard method to assess creditworthiness. That means first-time automobile buyers with bad credit or those starting over after bankruptcy may qualify for a loan.
Chrysler offers used and CPO vehicle finance if a new automobile isn't suitable.
Chrysler Capital offers leasing terms for new Chrysler, Jeep, Ram, Dodge, and Fiat automobiles. Lease lengths are usually 24-48 months, with 10,000, 12,000, or 15,000 miles per year. You can buy extra miles upfront at a discount.
When leasing, also consider its downside - for instance, the monthly lease payment on your vehicle may seem lower at the moment but may cost you more in the long run.
Within 90 days of your lease expiration, you can lease, buy, or return the vehicle. When you lease another vehicle with the same lender, the bonus cash and waived disposition on wear and tear costs are common incentives to look for.
Chrysler Finance could be a great option, but knowing what's in store is always better before you choose a plan.
| Advantages | Disadvantages |
|---|---|
| Fast and easy online preapproval | Chrysler Capital financing is limited to Chrysler dealerships and Chrysler-brand automobiles. |
| Shopping and financing at the same place may be more convenient. | Chrysler does not mention a minimum credit score or financing criteria. |
| Chrysler often offers 0.00% or low-APR financing. |
With Chrysler Finance, you can get your loan preapproved online. Getting the preapproval will not affect your credit score, but acceptance of the offer will require hard credit pull. However, the application process is easy and simple.
| Chrysler | Bank of America | LightStream | |
|---|---|---|---|
| Starting APR | 0.00% | 6.29% | 8.99% |
| Terms | 12 to 84 months | Up to 72 months | 24 to 84 months |
| Amount | $1,000 to $200,000 | $7,500 and up | $5,000 to $100,000 |
| Min. Credit Score | Not specified | Not specified | Not specified |
Chrysler generally offers qualifying purchasers 0.00% APR finance, though terms vary. Excellent credit is usually required for the greatest bargains and lowest interest rates.
Chrysler Capital Auto Loans accepts 640–850 credit scores. Chrysler Capital Auto Loans does not indicate a minimum annual income.
Early payment will put more toward your principal balance (the amount you borrowed) and less toward interest. You can save money by paying early during your loan term.
Chrysler often offers 0.00% or low-APR financing with its Chrysler Capital program. Chrysler Capital offers 12-to-84-month auto loans up to $200,000. Lengths are usually 24–48 months for a lease, with 10,000, 12,000, or 15,000 miles per year.