Financing at Chudd's

Why finance at Chudd`s Chrysler?

We make car financing fast and easy

Like everything at Chudd`s Chrysler, our financing process is designed to be easy, transparent, and stress free. You'll get:

• Affordable solutions
  Chudd`s offers some of the most competitive terms in the industry with solutions for a wide range of credit profiles.
• Fast and Easy Process
  Fill out our quick credit application and your options will be ready in a matter of minutes. Our  Sales Consultants will guide you through the process, start to finish.
• Straightforward and honest business practices
  We only use respected and reputable finance sources, and we always protect our customers' information. Our Sales Consultants make the same no matter which financing you choose, and your finance decisions are separate from any other transactions you may have with us.

Integrity is paramount at Chudd`s Chrysler, and our financing is no exception. We strive to be different from the traditional car dealer, and you'll never find any financing games.

Getting a car financing offer: how decisions are made

At Chudd`s Chrysler, we pride ourselves on transparency throughout the car buying process, including the financing process. To this end, we've gathered information to help you understand how creditors make decisions to give you a car financing offer. These decisions are based on four main factors:

1. Vehicle selection: cost, age, and mileage
2. Application information: employment, residence, and income information
3. Credit history: information contained in your credit file
4. Down payment: total of cash and trade equity

To get the best car financing offer, you should select a vehicle that fits your budget and provide as much down payment as possible. These two factors alone may increase your likelihood of approval, could improve your offer, and will reduce your monthly payment.

Factors affecting your monthly payment:
Your monthly payment is determined by three major factors listed below in order of impact:

1. Amount financed
2. Term or length of contract
3. Annual Percentage Rate (APR)

The following illustrates the impact of each

Amount Financed: $17,500
APR: 10.00%
Term: 60 months