Filed Pursuant to Rule 424(b)(3)
Registration Nos. 33-55787 and 33-64179
PRICING SUPPLEMENT NO. 31, dated February 2, 1998
(To Prospectus dated January 23, 1997, and
Prospectus Supplement dated July 31, 1997)
(CUSIP No. 17120Q C58)
$3,500,000,000
Chrysler Financial Corporation
Medium-Term Notes, Series R
Floating Rate Notes
Due 9 Months or More From Date of Issue
Principal Amount: $25,000,000
Issue Price: 100%
Calculation Agent: First Trust of New York, National Association
Original Issue Date: February 5, 1998
Stated Maturity: February 5, 2003
Initial Interest Rate: to be determined on February 3, 1998
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)
Base Rate: [] Commercial Paper Rate [X] LIBOR [ ] Treasury Rate [ ] CD Rate
[] Federal Funds Rate []Prime Rate [] Other(see attachment hereto)
If LIBOR, Designated Page: [ ] Reuters Page [X] Telerate Page
If LIBOR, index Currency: U.S. Dollars
Interest Reset Period: monthly
Interest Reset Dates: the third Wednesday of each month, commencing
February 18, 1998
Interest Payment Period: monthly
Interest Payment Dates: the third Wednesday of each month, commencing
February 18, 1998, and ending on the Stated Maturity.
Index Maturity: one month
Spread (+/-) +.17
Spread Multiplier: n/a
Maximum Interest Rate: n/a
Minimum Interest Rate: n/a
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.
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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: .35%
Agent's Capacity: [X] Agent [ ] Principal
Net proceeds to Company (if sale to Agent as principal):
Agent: [ ] Merrill Lynch & Co. [ ] Salomon Brothers Inc
[ ] J.P. Morgan & Co. [X] Other: BZW Securities Inc.
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