Chrysler finance options
Considering a Chrysler? Here are your options for financing one
We’re committed to our readers and editorial independence. We don’t compare all products in the market and may receive compensation when we refer you to our partners, but this does not influence our opinions or reviews. Learn more about Finder .
Chrysler is an American automobile manufacturer founded in Detroit in 1925. It is currently a subsidiary of Fiat Chrysler Automobiles and sells over 2 million vehicles in the United States each year.
Chrysler models available in Australia
You are currently able to purchase two Chrysler models new in Australia:
- Chrysler 300C Luxury
- Chrysler 300 SRT
How much does it cost to buy and run a Chrysler?
Initial purchase cost
According to Redbook, the purchase prices for the two 2018 Chrysler models are as follows:
- 2018 Chrysler 300C Luxury Auto: $60,000
- 2018 Chrysler 300 SRT Core Auto: $65,000
According to Redbook, the Chrysler 300C Luxury Auto has a fuel efficiency of 9.7L/100km, and the Chrysler 300 SRT Core Auto has an efficiency of 13L/100km. This means both fall outside the ATO's classification of a fuel-efficient car, which is one with a fuel consumption of 7L or less per 100km.
Compare Chrysler car loans now
Other costs to consider
The cost of a vehicle goes beyond the price you pay at the dealer. Here are some of the costs you should consider when looking to finance a car purchase:
- Maintenance and repairs. You will need to get regular servicing and maintenance on your vehicle to make sure it remains roadworthy. As with any other car, your Chrysler may also require repairs in the case of an accident or malfunction.
- Insurance. You will need to purchase compulsory third party (CTP) insurance to protect the other driver in case of an accident. You can also purchase additional insurance products to cover things like accidental damage, theft and fire. These will vary in price depending on the policy you choose and your individual risk profile. This is calculated using factors such as your age, gender and driving history.
- Stamp duty. When you purchase a new or used car, you will also need to pay stamp duty to have the vehicle transferred into your name. The duty will vary by state and territory, but you can find out what you'll have to pay using our vehicle stamp duty calculator.
- New car extras. If you're planning on getting optional add-ons for your car, you will need to factor in their costs when deciding on a finance option. This includes things like leather seats or alloy wheels, which will vary in price depending on both the type of extras and the model of car you want.
- Cost of finance. You have a number of options when it comes to financing your Chrysler. See below for more information on the options available to you.
What types of Chrysler financing options are available?
- Secured car loan. This is a loan where you use your car as security against the loan. If you fail to repay the loan, the lender may take ownership of the vehicle.
- Unsecured car loan. This is a type of personal loan where you do not need to offer your vehicle as security. You will generally have to pay a higher interest rate as the loan represents more of a risk to the lender.
- Dealer finance. You may have the option of financing your vehicle through the dealer. Dealer finance may generally offer lower repayments, but you will have to make a larger balloon payment at the end of the loan.
- Chattel mortgage. This is a business car loan that gives your business immediate ownership of the vehicle. Like a normal car loan, you will then pay it off over a set term.
- Commercial hire. This is a car leasing option for businesses looking to rent a vehicle for a set period of time.
- Novated lease. If you're currently employed, you can choose to lease a car using your pre-tax income to reduce your tax. Your employer will have to agree to arrange payments, and you will generally need to remain employed for the entire lease term.
Factors to consider when financing your Chrysler
You should always take the following into account when looking at your financing options:
- Interest rate. The interest rate helps determine the size of your repayments. Some finance options will also give you the choice of a fixed or variable rate.
- Loan term. Most car loans offer terms between one and seven years. Other types of finance options, especially car leases, may give you the option of longer or shorter terms.
- Fees and charges. Many finance options have a range of fees and charges that you may have to pay as part of your loan agreements. These can include establishment or service fees as well as early repayment or break cost fees.
- Repayments. You will generally need to make regular repayments over the course of your loan or lease term. With novated leases, you can factor your car's ongoing running costs into your repayments, which means the payments may vary each time.
- Loan amount. The amount you can borrow will vary by the lender and the loan itself, so you should always confirm a certain product meets your financial requirements before applying.
- Vehicle ownership. Most finance options will give you immediate ownership of the vehicle, but novated leases and commercial hire leases will often require you to make a lump-sum balloon payment to take ownership of the vehicle at the end of the term.
What you will need to apply for finance for your Chrysler
While different finance options will have different requirements, you will generally need to meet the following criteria to be eligible for a loan:
- You need to be at least 18 years old
- You need to be an Australian citizen or permanent resident
- You need to be currently employed or earning a reliable income
You will also need to provide the following as part of your application:
- Proof of residence
- Details of your employment and income
- Financial information, including any debts, assets and liabilities
Car Loan OffersImportant Information*
You'll receive a fixed rate of 4.99% p.a.
A low minimum borrowing amount of $2,000 that you can use to purchase a new car or one up to two years old.
You'll receive a fixed rate of 4.89% p.a.
Take advantage of a competitive rate, pre-approval and no early repayment fees when you finance a car under two years old.
You'll receive a fixed rate from 4.99% p.a.
A larger loan of $5,000 or more to help you buy a new or used car. 5-hour pre approval available and no ongoing fees.
Ask an Expert