Chrysler Capital, the lender formed by Chrysler Group and Santander Consumer USA has become the most-used lender by Chrysler dealerships within six weeks of launch.

With all of the manufacturer’s subvented loans and leases going through Chrysler Capital the company is currently writing just over a fifth of all finance arrangements on Chrysler models.

This means Chrysler Capital has overtaken Ally Financial as the brand’s preferred lender, although Ally will maintain its relationship with Chrysler dealerships, and Santander’s share of finance written on Chryslers has moved into double digits.

Rather than a standard white label agreement, Chrysler Capital is owned by Santander Consumer USA, with its credit risk held by Santander, not Chrysler.

How well do you really know your competitors?

Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.

Company Profile – free sample

Thank you!

Your download email will arrive shortly

Not ready to buy yet? Download a free sample

We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below form

By GlobalData