<ARTICLE>     5
<LEGEND>
   THE SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION
   EXTRACTED FROM CHRYSLER FINANCIAL CORPORATION AND 
   SUBSIDIARIES FINANCIAL STATEMENTS FOR THE SIX-MONTHS
   ENDED JUNE 30, 1996 AND IS QUALIFIED IN ITS ENTIRETY 
   BY REFERENCE TO SUCH FINANCIAL STATEMENTS.
</LEGEND>
<MULTIPLIER> 1,000,000
       
                              
<PERIOD-TYPE>                    6-MOS
<FISCAL-YEAR-END>                DEC-31-1996
<PERIOD-END>                     JUN-30-1996
<CASH>                           $       249
<SECURITIES>                             911
<RECEIVABLES>                         13,650
<ALLOWANCES>                             217
<INVENTORY>                                0
<CURRENT-ASSETS>                           0
<PP&E>                                 1,320
<DEPRECIATION>                           273
<TOTAL-ASSETS>                        16,763
<CURRENT-LIABILITIES>                  1,349
<BONDS>                               10,594
<PREFERRED-MANDATORY>                      0
<PREFERRED>                                0
<COMMON>                                  25
<OTHER-SE>                             3,283
<TOTAL-LIABILITY-AND-EQUITY>          16,763
<SALES>                                    0
<TOTAL-REVENUES>                       1,236
<CGS>                                      0
<TOTAL-COSTS>                              0
<OTHER-EXPENSES>                         345
<LOSS-PROVISION>                         155
<INTEREST-EXPENSE>                       427
<INCOME-PRETAX>                          309
<INCOME-TAX>                             110
<INCOME-CONTINUING>                      199
<DISCONTINUED>                             0
<EXTRAORDINARY>                            0
<CHANGES>                                  0
<NET-INCOME>                             199
<EPS-PRIMARY>                              0
<EPS-DILUTED>                              0