Chrysler teams up with Chase Auto Finance to offer new-vehicle loan

Article by Christian A., on August 15, 2011

Chrysler Group has partnered with Chase Auto Finance to offer new-vehicle loans at the auto dealerships as part of efforts to improve the financing options for dealers and customers.

A statement from Chase reveals that participating Chrysler dealers will offer retail subvention financing “to provide prime and near-prime customers with low interest rates and other incentives to finance new-vehicle purchases.”

Chrysler spokesman Ralph Kisiel said that Ally Financial Inc. will continue to be the preferred lender for all Chrysler brands but this Chase deal will offer more financing options that are more affordable.

Presently, Chrysler currently offers leasing through U.S. Bank while Santander Consumer USA provides subprime loans for the automaker. On the other hand, Chase currently offers retail and commercial financing to all Chrysler brands.

Last week, Chrysler revealed a series of incentives and financing options that will be offered until Sept. 6. This means that a qualified buyer who finances a 2011 or 2012 model Chrysler, Dodge, Jeep or Ram through Ally Financial isn’t required to make a payment for 90 days.

In addition, Chrysler announced about five other promotions for qualified customers, such as 0% financing for 36 months on 2011 Dodge Chargers, Chrysler 300s and 300Cs. Chase, the preferred lender for Subaru, Mazda, Jaguar and Land Rover, has worked with Chrysler for over two decades.

If you liked the article, share on:

Comments

Recommended

It’s not a bird. It’s not a plane. It’s Kris Singh’s blue carbon flying machine! Time stood still for a few minutes after the extremely rare Pagani Huayra BC Macchina...
by - May 24, 2017
If you’re selling some of the most expensive and most exclusive cars in the world, perhaps it would be a great idea to commission an ultra-rare work from the same...
by - May 24, 2017
Ford Motor Co. now has a new man on the top, and he goes by the name of Jim Hackett. Effective May 22, 2017, Hackett is named the new president...
by - May 24, 2017
Skoda recently launched the new Karoq compact SUV as a replacement model to its now-defunct Yeti small crossover. Slotted below the newly introduced Skoda Kodiaq, the new Karoq features a...
by - May 23, 2017
There are already rumors suggesting that the next generation BMW 5-Series GT is expected to be joining the 6-Series range. The latest reports instead tell us that that 3-Series GT...
by - May 23, 2017
Facebook

Youtube Channel

Tip Us
Do you have a tip for us?
Did you film an important event?
Contact us
Newsletter
Subscribe to our newsletter!
Subscribe
Galleries