Chrysler Financial was formerly known as Chrysler Capital, and it financed Chrysler loans and leases through floorplans. It was acquired by TD Bank in 2010 for $6.3 billion. The company was then renamed TD Auto Finance. Its website offers a number of resources for borrowers. These include information about car loans and financing, as well as a payment calculator. The calculator helps buyers decide whether a car they’re interested in is within their budget. It asks for a car’s price, down payment, estimated APR, and monthly payments.
Chrysler Financial offers 0% financing at participating dealerships and is a viable option for those looking for low interest rates. To apply for 0% financing, you must meet certain credit requirements and provide details of your income. If you meet the qualifications, you’ll receive an email indicating preapproval. You can then take this email to your dealership for a final approval.
The company also offers leasing options on new and used vehicles. Leases typically last 24 or 36 months. Some leases require a one-time up-front payment of $2,400 or $3,500 as a non-refundable security deposit. The lease terms vary depending on the specific model and may include options for annual mileage, lease buyout, and return.
If you’re having trouble making payments, it may be a good idea to refinance your Chrysler Capital loan. Refinancing can save you hundreds of dollars over the life of the loan and up to $150 per month. With the help of a good refinance partner, the entire process can be completed in minutes.
