<ARTICLE>     5
<LEGEND>      CHRYSLER FINANCIAL CORPORATION AND SUBSIDIARIES
              FOR THE TWELVE MONTHS ENDED DECEMBER 31, 1996
              FINANCIAL DATA SCHEDULE PURSUANT TO ARTICLE 5
              OF REGULATION  S-X

</LEGEND>
<MULTIPLIER> 1,000,000
       
                              
<PERIOD-TYPE>                    YEAR
<FISCAL-YEAR-END>                DEC-31-1996
<PERIOD-END>                     DEC-31-1996
<CASH>                           $       230
<SECURITIES>                             472
<RECEIVABLES>                         14,311
<ALLOWANCES>                             191
<INVENTORY>                                0
<CURRENT-ASSETS>                           0
<PP&E>                                 1,281
<DEPRECIATION>                           312
<TOTAL-ASSETS>                        17,533
<CURRENT-LIABILITIES>                      0
<BONDS>                               11,245
<PREFERRED-MANDATORY>                      0
<PREFERRED>                                0
<COMMON>                                  25
<OTHER-SE>                             3,288
<TOTAL-LIABILITY-AND-EQUITY>          17,533
<SALES>                                    0
<TOTAL-REVENUES>                       2,481
<CGS>                                      0
<TOTAL-COSTS>                              0
<OTHER-EXPENSES>                         711
<LOSS-PROVISION>                         387
<INTEREST-EXPENSE>                       797
<INCOME-PRETAX>                          586
<INCOME-TAX>                             210
<INCOME-CONTINUING>                      376
<DISCONTINUED>                             0
<EXTRAORDINARY>                            0
<CHANGES>                                  0
<NET-INCOME>                             376
<EPS-PRIMARY>                              0
<EPS-DILUTED>                              0