In a medium bowl, beat cream cheese, powdered sugar, vanilla and caramel using a hand mixer until light and fluffy. Fold in chopped peanuts and chocolate sauce. Transfer mixture to plastic wrap and shape into a ball. Fold up sides and cover with plastic wrap.
Refrigerate until slightly firm, 1 hour.
Unwrap and place on serving platter.
Press chopped Snickers all over. Let soften 20 minutes before serving, if necessary.
Serve with graham crackers.
Recipe by 5* trending recipes with videos at https://food.theffeed.com/2019/10/10/snickers-cheeseball/