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Chrysler Capital Auto Refinance Review


ConsumersAdvocate.org Rating: 3.5 / 5 (Very good)
33 Customer Comments & Reviews - see all comments
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Chrysler Capital is a joint venture of Chrysler Group LLC and Santander Consumer USA dedicated to providing full-finance solutions for Chrysler Group and its dealers as well as finance options marketed directly to consumers. The company is best known for their endorsement of Chrysler, Dodge, Jeep, RAM, and FIAT vehicles.

How is Chrysler Capital rated?

Breakdown

3.5/5
Loan Details
3.5/5
Customer Experience

Overall Rating: 3.5 / 5 (Very good)

Chrysler Capital offers quick an easy auto financing options through a streamlined pre-approval process that delivers same-day results. The company, which enjoys favorable customer reviews and is backed by the financial strength and stability of Santander Consumer USA, is a fitting choice for anyone looking to purchase or lease a new or pre-owned Chrysler, Dodge, Jeep, RAM or FIAT vehicle from a participating dealership in their area.

Auto Loans & Refinancing

Loan Details - 3.5 / 5

Chrysler Capital offers purchase loans and lease buyout options for both new and used vehicles sold through their participating auto dealers. However, the company solely markets Chrysler, Dodge, Fiat, Jeep, and Ram offers for eligible clients. The loan terms, amounts, annual percentage rates provided here are based on Chrysler Capital's monthly repayment calculator, which means actual loan amounts, terms, and rates will depend on a number of factors, including the applicant's credit history, down payment amount (if any), vehicle specifications, and chosen dealership, etc.

Types of Loans Offered

Purchase Loans
Refinance Loans
Lease Buyout
Private Party Purchase

Purchase Loans

Loan Amount
$1,000
Max Loan Amount
$200,000
Max APR
30.0%
Term Length
12 months
Max Term Length
84 months

Loan Qualifications

Qualification - 3.5 / 5

To qualify for an auto loan or lease buyout offer through Chrysler Capital, applicants must be 18 years or older and be able to provide personally identifying information including their name, address, social security number, date of birth, employment details, and annual income. Although their website does not specify a minimum income or credit score, individuals with a good credit history, a co-applicant with better credit, or a substantial down payment amount generally have better chances of obtaining a lower interest rate and favorable loan terms.

Borrower Qualifications

Minimum Age
Must be 18 or older
Minimum Income
No Minimum Specified
Minimum Credit Score
No Minimum Specified
US Citizenship Requirement
No
Verification / Documents Required
Social Security Number
Employment Information / Pay Stubs

Vehicle Qualifications

Mileage Limit
No Limit Specified
Car Age
No Limit Specified
Car Makes
Chrysler, Dodge, FIAT, Jeep, Ram

Application & Service

Customer Experience - 3.5 / 5

Chrysler Capital's online application is easy, secure, and can be completed in minutes. Customers who request pre-qualification can obtain a response in as little as sixty seconds and receive personalized offers via email, all without affecting their credit. In order to help their customers make informed financial decisions, Chrysler Capital also provides several loan and budget calculators and additional resources for individuals looking to secure a finance option for the first time.
Approval Time
Same Day
Funding Time
Not Specified
Fees
No Fees Specified
Benefits/ Features
Online Rates / Application
Pre-approval Soft-credit Inquiry

Chrysler Capital Reputation & Reviews

Reputation - 3.5 / 5

Chrysler Capital, registered under Santander Consumer USA, Inc., is not accredited by the Better Business Bureau, yet holds a 3.51 out of 5 stars score with the organization based on 60 customer reviews and an A rating. Although they have received mostly negative customer feedback on bbb.org, the company maintains a 7.8 (Great) score on Trustpilot.com based on over 65% positive customer reviews. The majority of consumers reporting their experiences with Chrysler Capital on Trustpilot.com agree the company is easy to work with and delivers excellent customer service each time.
Trustpilot Rating
7.8 out of 5
BBB Rating
A
Number of BBB Positive Reviews
2
Number of BBB Neutral Reviews
1
Number of BBB Negative Reviews
57
Date Collected
2017-12-27

Contact & Additional Information

Lender Type
Lender
Homepage URL
Company Phone
(855) 541-7745
Mailing Address
PO Box 961275, Fort Worth, TX, 76161
Year Founded
2013

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33 Customer Comments & Reviews

Loading Reviews ...
moodyblue2010
6/30/2023
Horrible business practices! Last week, I paid my final car note and instead of updating my online account to show an additional payoff balance, the company sent me a delinquency notice in the mail. Neither of the customer service reps offered an apology or a clear explanation as to why I was notified in such an insulting way, and I never received a response from two online inquiries. Additionally, I was given three different amounts owed, so I won't be surprised if the company tries to tack on additional fees. This is not how you treat customers.


jimsnetmoney
12/4/2021
Horrible customer service! Apparently they can’t do anything without “the system” telling them to do it. Not terribly intelligent phone support agents. They can only regurgitate what their computer screen tells them.


C
capri_mugs0j
11/29/2021
Awful finance company. My worst nightmare is making every 2 weeks payments. They then have added $65 late fees on & applied my payments wrong each and every time. When I do call them they tell me they are not in the USA ? What the crap. I emailed President Trump while he was in office about this bull crap company ripping off consumers.


ashleylashaejones19
11/11/2021
I am currently leasing through them and it seems like they are going back to the payments i made before i had hardship with a job. I pay 672 a month and they make it hard for me and my personal life. They want all their money at once instead of every 2 weeks or however much you get paid. I have tried refinancing multiple times and they will not let me go to another lender. If i could, I would give them a -40 because of customer service and they played me because I got my car from a 3rd party (TrueCar) and my payments were actually suppose to be 540 a month with NO money down plus my old credit score. ever since ive been financing with them, my credit score has been going down


jamesschea
11/6/2021
Chrysler Capital AND their "partner" Santander Consumer USA - some sort of foreign credit card company.... all located in Manila and can't speak in a way to be understood. Not a good representative of Chrysler Capital ! But then you have to ask, "Why when Chrysler Capital owes a customer money rather than sending a check to the customer, they send a dubious "cash card" from Santander which has all sorts of issues and time wasting steps that don't work as described. Very disappointed with FCA and Chrysler Capital in addition to the two lemon vehicles we purchased... 2020 Dodge Ram and a 2018 Pacifica - both JUNK. Never Chrysler products again.... after being a loyal Chrysler /... Read More


R
rob g
10/25/2021
I will never lease or purchase a vehicle from this company again (Jeep/Dodge/Chrysler). I just started my 3rd lease with this company. Chrysler Capital's auto-payment policy is to cancel auto-payment before your last payment is made. They say this is so they do not continue to collect auto-payments from customers. Well then why not stop auto-pay after the last payment is made instead? Anyway, I now have a late payment on my credit which messed up my home renovation loan I was in the middle to obtaining. They refuse to help me after many calls into them. I have been polite every time I have called. Asked for removal of late payment in "goodwill". The last person I spoke with hung... Read More


tsociety123
10/5/2021
If I could leave no stars I would! This is absolutely the worst company that I have ever financed through! My ex-husbands car was stolen over 5 years ago. Thank goodness the insurance allowed a payoff to go through. I called multiple times in an attempt to settle for the amount of the check. The first rep told me that I had to have the check in hand before settling. I later found out that the insurance company would be sending the check directly to Chrysler Capital. I attempted to call again and was informed by the rep that the amount was already settled or they wouldn’t have accepted the check from the insurance company, she assured me there was nothing left for me to do aside from wait... Read More


chrislandry123456
9/3/2021
Worst finance company I have ever used. Customer service is terrible. See true comments and reviews on their Facebook page.


C
Carol V
6/25/2021
Run! Do not finance with them. First the dealership managed to add $3900 of warranties and maintenance by having me do a Digital signature on a document without showing it to me or discussing it with me. Secondly they gave a me a 4.65% interest rate. My credit score is above 841! Of course I immediately refinanced with my bank, saving thousands in interest. They cashed the bank draft on June 18th, loan paid in full. They turned around and processed a payment on June 24th on a loan that had zero balance. So now they are holding $4000+ of my money for another 30 days because they want to make sure the bank draft was real. RUN, don’t walk, away from any dealership that tries to... Read More


A
Andrew P
6/23/2021
I would give 0 stars if i could. It is a scam of a company that will keep charging you and charging you for bs claims and then you have no power to fight them! Their customer service is the worst and they will bleed you dry, aside from the monthly payments. Do NOT finance with them.



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