CHRYSLER FINANCIAL CORP
424B3, 1994-12-01
PERSONAL CREDIT INSTITUTIONS
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                             Filed Pursuant to Rule 424(b)(3)
                             Registration Nos. 33-50385, 33-52421 and 33-55787

PRICING SUPPLEMENT NO. 9, dated November 30, 1994
(To Prospectus dated November 1, 1994 and
Prospectus Supplement dated November 1, 1994)

                                  $1,200,000,000
                          Chrysler Financial Corporation
                            Medium-Term Notes, Series M
                                 Fixed Rate Notes
                      Due 9 Months or More From Date of Issue

Principal Amount:     $5,000,000

Issue Price:          See Issue Price on Page 2.

Original Issue Date:  December 14, 1994

Stated Maturity:      December 15, 1997

Interest Rate:        8.10%

Interest Payment Dates:   January 15 and July 15

Specified Currency:       U.S. Dollars
     (If other than U.S. Dollars, see attachment hereto)

Option to Receive Payments in Specified Currency:  [ ] Yes   [ ] No
     (Applicable only if Specified Currency is other than U.S. Dollars)

Authorized Denominations: 
     (Applicable only if Specified Currency is other than U.S. Dollars)

Redemption:    [X] The Notes cannot be redeemed prior to maturity.
               [ ] The Notes may be redeemed prior to maturity.

Initial Redemption Date:

The Redemption Price shall initially be      % of the principal amount of the
Notes to be redeemed and shall decline at each anniversary of the initial
Redemption Date by     % of the principal amount to be redeemed until the
Redemption Price is 100% of such principal amount.

Repayment:     [X] The Notes cannot be repaid prior to maturity.
               [ ] The Notes can be repaid prior to maturity at the option of
                   the holder of the Notes.

Optional Repayment Date(s):

Repayment Price:

Discount Notes:     [ ] Yes   [X] No

     Total Amount of OID:
     Yield to Maturity:
     Initial Accrual Period OID:

Agent's Discount or Commission:  

Agent's Capacity:   [ ] Agent   [X] Principal

Net proceeds to Company (if sale to Agent as principal):   $4,968,750

Agent:    [X] Merrill Lynch & Co.       [ ] Salomon Brothers Inc 

          [ ] Other: 
<PAGE>
                            -Page 2-


                           ISSUE PRICE

     The price of the Notes will vary depending on prevailing market
prices at the time of resale.


                          INTEREST RATES

     Interest rates offered by Chrysler Financial Corporation
with respect to the Notes may differ depending upon, among other
things, the aggregate principal amount of Notes subject to purchase 
in any single transaction.






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