Filed Pursuant to Rule 424(b)(3)
Registration Nos. 33-50385, 33-52421 and 33-55787
PRICING SUPPLEMENT NO. 3, dated December 9, 1994
(To Prospectus dated November 1, 1994 and
Prospectus Supplement dated December 6, 1994)
$1,500,000,000
Chrysler Financial Corporation
Medium-Term Notes, Series N
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 23, 1994
Stated Maturity: December 23, 1996
Interest Rate: 8.00%
Interest Payment Dates: March 15 and September 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): $4,980,000
Agent: [X] Merrill Lynch & Co. [ ] Salomon Brothers Inc
[ ] Other:
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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.
