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

Article by Christian Andrei, 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

Login or Create new account to add a comment!

Recommended

In the minivan segment, the 2017 Chrysler Pacifica is already impressive in terms of fuel economy figures – as rated by the United States Environmental Protection Agency. In fact, the...
by - December 2, 2016
Having a blacked-out Bentley Mulsanne Speed is already menacing by itself but by naming it as the Bamford X, it became all the more imposing. This model was made by...
by - December 2, 2016
We have good news for those who are waiting for the latest version of the Mazda CX-5 compact crossover. It was just unveiled in November at the 2016 Los Angeles...
by - December 2, 2016
Those familiar with racing know that Marco Wittmann’s win during the 2016 Deutsche Tourenwagen Masters held last May was noteworthy as it was his second title in four seasons. In...
by - December 2, 2016
Volvo has revealed that while its products are used by a number of police organizations around the world, it will be the Swedish police that will get the first chance...
by - December 2, 2016
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