If you want to purchase your vehicle, log in to your Ally Auto account to get your buyout quote. After you’ve retrieved the buyout information, pay the purchase price of your vehicle, plus any applicable taxes, fees and other unpaid amounts.
You may also qualify for the option to finance the purchase of your vehicle. Check out your financing options based on your lease details. Don’t worry - pre-qualification won't affect your credit score.
Additionally, you can extend your lease by calling us at 1-888-925-2559.
Leasing with another lender.
See if you pre-qualify in minutes with no credit score impact. Get personalized options and decisions online. Check out your offers and choose one that works for you, all online. If you qualify, you can see your new payment amount, term, and interest rate so you know your options.
You’ll need to gather the following information to fill out your prequalification application:
Rent or mortgage payment amount
Length of time living at residence
Date of birth
Vehicle identification number (VIN) or plate number
Current financing payoff amount
If you want to add a co-borrower, you’ll need their full name, address, phone number, date of birth, email address, and monthly income.
We’ll need the information you entered to get prequalified, plus:
Your Social Security number (SSN)
Employment details and history
Vehicle Identification Number (VIN) or plate number of the vehicle you want to refinance
Your vehicle’s year, make, model, and mileage
Yes, we can add or remove a co-applicant during the financing process.
Nope. There’s no application fee. Your state might charge fees for title, registration, and taxes, but we’ll help you sort any fees out during the financing process.
We can finance the purchase of your leased vehicle if:
You’re at least 18 years or older—unless you live in Alabama, then it’s 19
You’re a U.S. citizen, resident alien, or non-resident alien who currently lives in the U.S.
There might be other exclusions, but if you’re eligible to apply, we’ll check your income, expenses, debt, financing amount, credit profile, and the value of the vehicle you want to buy to see if you qualify.
It typically takes a few days. It can take longer depending on how quickly we can get all the information we need and how long it takes to verify your payoff quote.
You might. The best way to find out is by getting prequalified. Don’t worry, applying for prequalification doesn’t impact your credit score.
Pro tip—If you want to shop around for financing, make sure all your ‘hard credit inquiries’ happen within 14-days. There are exceptions, and this is up to the credit reporting agency’s discretion, but credit bureaus typically count those as a single inquiry (if they all happen during that 14-day timeframe).
We do what’s called a ‘soft credit pull’ for prequalification. That lets us take a quick look at your credit profile without impacting your score.
We’ll wait to do a ‘hard credit pull’ once you decide to officially apply for credit. This lets us see all the information we need to approve you for financing. This might affect your credit score because the inquiry becomes part of your credit profile.
The best way to find out if we can finance your vehicle is to get prequalified. We can finance almost any vehicle, unless it:
Is going to be used primarily for business or commercial purposes (delivery or rideshare services, taxi, police, etc.)
Has a branded title (salvage, flood, fire, etc.)
Has unrepaired collision or comprehensive damage
Has more than one lien
Was financed less than seven months ago
Yes, you need to make at least $2,000 a month to qualify for financing.
We offer terms ranging from 36 to 75 months. You can get prequalified to see what terms you’re eligible for.
We decided to freshen things up a bit with a new name and improved experience. You can still get approved for vehicle financing online, just like before, but we’ve dropped ‘Clearlane’ from our name.
Financing for lease buyouts is available (almost) everywhere except Alaska, Florida, Iowa, Indiana, Kansas, Massachusetts, Maine, Minnesota, Nevada, South Dakota, Vermont, Wisconsin, and the District of Columbia.