Personal Vehicle Financing

Discover Financing That Fits

Ally wants to put you in the driver's seat with a variety of financing options and terms to help fit your needs.

Buy a Vehicle

Drive as much as you want and enjoy complete ownership when you buy a new or used vehicle.

Lease a Vehicle

Get a new or pre-owned vehicle more often and drive what you want.

Ally Buyer's Choice®

Gives you the option to sell your vehicle to us at a predetermined date and price.

Ally Balloon Advantage℠

Low monthly payments with a larger balloon payment at contract end.

Buy a Vehicle
Flexible terms for virtually any budget

With a wide selection of financing options and flexible terms, we can help you keep your monthly payments where you want them.

Ally financing gives you all the benefits of Ally Auto Online Services, including:

  • A convenient online account. Check your payment status, view your balance or sign up for online statements.
  • Easy payment options. Enroll in Auto Pay for monthly payment withdrawals from your checking or savings account or to make a one-time payment.
  • On-the-go access. Keep tabs on your account with the Ally Auto Mobile Pay app.

Specialty vehicle financing

Ally's specialty financing plans cover accessibility needs like wheelchair lifts and right-hand drive capability. Many of our financing options offer flexible terms for qualified buyers of mobility and adaptive equipment vehicles.

Know Before You Go

Use our Monthly Payment Calculator to estimate a vehicle payment and term length.

Protect Your Ride

Find protection products to give you peace of mind.

Lease a VehicleShorter terms, more flexibility and options that now include
select pre-owned models

Ally SmartLease® has shortened financing terms that give you the flexibility to get a new vehicle more often.

How leasing is different than buying:

  • You return the vehicle at lease-end unless you decide to buy it
  • Monthly payments are usually lower than buying
  • You're not affected by vehicle depreciation

Ally Pre-Owned SmartLease℠ lets you choose eligible models that:

  • Have clean history reports
  • Are less than 4 model years old
  • Have fewer than 75,000 miles

No matter which eligible pre-owned vehicle you select, you’ll receive automatic Guaranteed Auto Protection and the ability to purchase maintenance coverage similar to that offered for new models.

What happens at the end of your lease

Once your lease agreement ends, you'll return the vehicle to the dealership where it will be inspected for excess wear and mileage that is over the agreed-upon amount. Check out our simple, straightforward lease-end process to measure excess wear and calculate mileage overages.

Simple, easy, direct. It takes no time at all to make an online payment.

– Emily M., Ally customer

Ally Buyer's Choice Ownership with flexibility

Ally Buyer's Choice gives you the option to prepay by selling your vehicle to us at a predetermined date and price.

How it works

At either 48 or 60 months on your Special Prepayment Date, you can:

  • Sell your vehicle to Ally at a predetermined price (minus excess mileage and wear)
  • Keep the vehicle and continue making payments until the end of the contract term

Ally Buyer's Choice is available in every state except Nevada.

Ally Buyer's Choice Example Timeline

Here's how it would work for an Ally Buyer's Choice contract with a 48-month prepayment date:

Buyer's Choice Example Timeline

You can trade in your vehicle at any time during your agreement – the choice is yours.

Ally Balloon AdvantageLower monthly payments

By attaching a larger portion of your payment to the end of your contract, Ally Balloon Advantage keeps your monthly payments lower.

How it works

Like a traditional purchase contract, Ally Balloon Advantage includes a fixed Annual Percentage Rate (APR) and monthly payments throughout the contract term. You can also sell or trade in your vehicle at any time as long as you pay off the remaining amount.

Vehicles that qualify

  • New vehicles including GM, Chrysler and Mitsubishi
  • Used vehicles except Saab and Suzuki

Ally Balloon Advantage is available in every state except Maryland, Nevada, New Hampshire, North Carolina and Pennsylvania.

Get the Facts About
Balloon Financing

Check out the Ally Auto Roadmap blog to get more detailed information about balloon financing.

Ready to find your next vehicle?

We can help you find the financing that meets your needs.

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Top FAQs

  • How does the Special Prepayment feature work?

    At the Special Prepayment Date, you can:

    1. Prepay by selling the vehicle to Ally for the predetermined price set at the time of signing an ABC contract rider (price is subject to a disposition fee and any excess vehicle wear and mileage charges; see the contract rider for details)
    2. Do nothing – keep making the scheduled payments

    Remember, you can also trade-in your vehicle at any time during the contract.

  • I'm approaching my Special Prepayment Date for Ally Buyer's Choice (ABC). What are my options?

    At the prepayment date of your ABC contract, you have two options:

    1. Prepay by selling the vehicle to Ally at the predetermined price set at the time of signing an ABC contract rider (price is subject to a disposition fee and any excess vehicle wear and mileage charges; see the contract rider for details)
    2. Do nothing and continue to make your scheduled payments

  • What if the market value of the vehicle is higher than the predetermined selling price?

    If this is the case on your Special Prepayment Date, you can choose to keep the vehicle and continue making your scheduled payments or see your dealer to trade in the vehicle at a price you negotiate with your dealer.

  • Can I change my mind after the Special Prepayment Date and still sell the vehicle to Ally?

    No. You can only sell the vehicle to Ally on the Special Prepayment Date. However, you can investigate trade in opportunities with your dealer. See your dealer for details.

  • What if Ally Buyer's Choice (ABC) hasn't been rolled out in my state yet? What are my options?

    If Ally Buyer's Choice (ABC) is not yet available in your state, your local dealer would be happy to discuss other helpful financing and leasing options available through your dealer and Ally.

Still have questions? Visit our Help Center.