Filed Pursuant to Rule 424(b)(3)
Registration Nos. 33-64179 and 333-49647
AMENDED PRICING SUPPLEMENT NO. 1, dated July 23, 1998
(To Prospectus dated April 27, 1998 and Prospectus Supplement
dated July 2, 1998)
(CUSIP No. 17120Q H38)
$5,000,000,000
Chrysler Financial Corporation
Medium-Term Notes, Series S
Fixed Rate Notes
Due 9 Months or More From Date of Issue
Principal Amount: $5,000,000
Issue Price: The price of the Notes will vary depending on
prevailing market prices at the time of resale.
Original Issue Date: August 4, 1998
Stated Maturity: August 6, 2001
Interest Rate: 5.78%
Interest Payment Dates: March 1 and September 1
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: 0.625%
Agent's Capacity: [X] Agent [ ] Principal
Net proceeds to Company (if sale to Agent as principal):
Agent: [X] Merrill Lynch & Co. [ ] Salomon Smith Barney
[ ] J.P. Morgan & Co. [ ] Other:
