<ARTICLE>     5
<LEGEND>
   THE SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM
   CHRYSLER FINANCIAL CORPORATION'S FINANCIAL STATEMENTS FOR THE YEAR
   ENDED DECEMBER 31, 1994, AND IS QUALIFIED IN ITS ENTIRETY BY
   REFERENCE TO SUCH FINANCIAL STATEMENTS.
</LEGEND>
<MULTIPLIER> 1,000,000
       
                              
<PERIOD-TYPE>                    YEAR
<FISCAL-YEAR-END>                DEC-31-1994
<PERIOD-END>                     DEC-31-1994
<CASH>                           $       174
<SECURITIES>                             583
<RECEIVABLES>                         15,316
<ALLOWANCES>                             512
<INVENTORY>                                0
<CURRENT-ASSETS>                           0
<PP&E>                                   786
<DEPRECIATION>                           241
<TOTAL-ASSETS>                        16,648
<CURRENT-LIABILITIES>                  1,155
<BONDS>                               10,671
<PREFERRED-MANDATORY>                      0
<PREFERRED>                                0
<COMMON>                                  25
<OTHER-SE>                             3,248
<TOTAL-LIABILITY-AND-EQUITY>          16,648
<SALES>                                    0
<TOTAL-REVENUES>                       1,984
<CGS>                                      0
<TOTAL-COSTS>                              0
<OTHER-EXPENSES>                         712
<LOSS-PROVISION>                         203
<INTEREST-EXPENSE>                       754
<INCOME-PRETAX>                          315
<INCOME-TAX>                             120
<INCOME-CONTINUING>                      195
<DISCONTINUED>                             0
<EXTRAORDINARY>                            0
<CHANGES>                                  0
<NET-INCOME>                             195
<EPS-PRIMARY>                              0
<EPS-DILUTED>                              0