Compare SmartLease and ComTRAC

Use the chart below to help decide between our business leasing products. Select "learn more" for additional information.

Visit your local dealership to discuss your leasing options.

SmartLeaseComTRAC
Vehicle titleVehicle titled in Ally’s nameVehicle titled in Ally’s name
Vehicle useUse vehicle for business or personalUse vehicle for business more than 50% of the time
Up-fits and depreciationSpecialized up-fits and atypical depreciation may not be availableAllows for specialized up-fits or atypical depreciation
Residual valueDealer sets residual valueCustomer can set own residual value, as low as 0%
Mileage chargesCustomer must pay over-mileage charges, if anyNo mileage limits
Excess wear chargesCustomer must pay excess wear charges, if anyNo excess wear charges
Residual responsibilitiesClose-ended lease – customer not responsible for residual value at end of leaseOpen-ended lease – customer responsible for residual value at end of lease
Disposal feeNo disposal fee$250 disposal fee ($500 medium duty).
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