diff --git a/charts/cluster-autoscaler/Chart.yaml b/charts/cluster-autoscaler/Chart.yaml
index 37e5b34e0337..5542f1f6b757 100644
--- a/charts/cluster-autoscaler/Chart.yaml
+++ b/charts/cluster-autoscaler/Chart.yaml
@@ -17,4 +17,4 @@ name: cluster-autoscaler
 sources:
   - https://github.com/kubernetes/autoscaler/tree/master/cluster-autoscaler
 type: application
-version: 9.3.1
+version: 9.3.2
diff --git a/charts/cluster-autoscaler/README.md b/charts/cluster-autoscaler/README.md
index 9a15111f7032..7d29b2d00f92 100644
--- a/charts/cluster-autoscaler/README.md
+++ b/charts/cluster-autoscaler/README.md
@@ -351,7 +351,7 @@ Though enough for the majority of installations, the default PodSecurityPolicy _
 | envFromConfigMap | string | `""` | ConfigMap name to use as envFrom. |
 | envFromSecret | string | `""` | Secret name to use as envFrom. |
 | expanderPriorities | object | `{}` | The expanderPriorities is used if `extraArgs.expander` is set to `priority` and expanderPriorities is also set with the priorities. If `extraArgs.expander` is set to `priority`, then expanderPriorities is used to define cluster-autoscaler-priority-expander priorities. See: https://github.com/kubernetes/autoscaler/blob/master/cluster-autoscaler/expander/priority/readme.md |
-| extraArgs | object | `{"logtostderr":true,"stderrthreshold":"info","v":4}` | Additional container arguments. |
+| extraArgs | object | `{"logtostderr":true,"stderrthreshold":"info","v":4}` | Additional container arguments. Refer to https://github.com/kubernetes/autoscaler/blob/master/cluster-autoscaler/FAQ.md#what-are-the-parameters-to-ca for the full list of cluster autoscaler parameters and their default values. |
 | extraEnv | object | `{}` | Additional container environment variables. |
 | extraEnvConfigMaps | object | `{}` | Additional container environment variables from ConfigMaps. |
 | extraEnvSecrets | object | `{}` | Additional container environment variables from Secrets. |
diff --git a/charts/cluster-autoscaler/values.yaml b/charts/cluster-autoscaler/values.yaml
index 92fee7845ada..9185bb72f2af 100644
--- a/charts/cluster-autoscaler/values.yaml
+++ b/charts/cluster-autoscaler/values.yaml
@@ -126,19 +126,21 @@ dnsPolicy: ClusterFirst
 expanderPriorities: {}
 
 # extraArgs -- Additional container arguments.
+# Refer to https://github.com/kubernetes/autoscaler/blob/master/cluster-autoscaler/FAQ.md#what-are-the-parameters-to-ca for the full list of cluster autoscaler
+# parameters and their default values.
 extraArgs:
   logtostderr: true
   stderrthreshold: info
   v: 4
   # write-status-configmap: true
   # leader-elect: true
-  # skip-nodes-with-local-storage: false
-  # expander: least-waste
+  # skip-nodes-with-local-storage: true
+  # expander: random
   # scale-down-enabled: true
   # balance-similar-node-groups: true
-  # min-replica-count: 2
+  # min-replica-count: 0
   # scale-down-utilization-threshold: 0.5
-  # scale-down-non-empty-candidates-count: 5
+  # scale-down-non-empty-candidates-count: 30
   # max-node-provision-time: 15m0s
   # scan-interval: 10s
   # scale-down-delay-after-add: 10m