Q. How does the Ally Smart Lease program work?
A. Ally Auto (formerly GMAC) offers varying lease options for passenger vehicles, including the ability to get pre-approved for your lease terms when you buy through GM, Chrysler, Maserat, or Suzuki dealerships, plus Thor Industries RVs. The Ally web site offers information on why you might choose to lease over buy, as well the pre-approval application, payment calculator, and other details. See the links below for key pages about the Ally SmartLease process.
1. Ally Auto Financing - Ally SmartLease Overview - Home page for information on the Ally Smart Lease program, including info on mileage options, payment options and more. (www.ally.com)
2. Ally Business SmartLease - Get information on Ally leasing options for business use vehicles. No online pre-approval; you must visit a dealer to apply. (www.ally.com)
3. Ally SmartLease Lease-End FAQ - Answers basic questions about what happens when your Smart Lease term is up, including your options for keeping or returning the vehicle, when you get your security deposit back, returning your vehicle before lease end or extending the term of the lease, more. (www.ally.com)
4. Contact Ally Auto Finance Customer Service - Go here for the phone number to contact Ally if you have questions or problems related to the Smart Lease program. (www.ally.com)
5. Ally SmartLease Application - Go here and fill out the online form to get pre-approved on Smart Lease terms for a new vehicle. (online-application.ally.com)
6. Ally SmartLease Payment Options - Go here for information on how to make SmartLease payments, including online bill pay, paying by mail (payment mailing address is listed here), or payment by telephone (which includes a $15 fee). (www.ally.com)
7. Ally GMAC SmartLease a Bad Car Deal - February 2011 blog post makes the case that an Ally Smart Lease is a bad deal because Ally overcharges you if you want to buy the vehicle at lease end. See the post for more detail on what the author is so steamed about. (www.mycarlady.com)
8. SmartLease Protect - Get information on this insurance product from Ally Financial that covers certain end-of-lease charges you might incur, such as excessive wear or excess mileage charges. (www.ally.com)
Other Bessed pages of interest:
Ally Auto Loans
Ally Car Loan Account
Ally Auto Loan Payoff
Ally Payment Center