Ally Testing Out ‘Buyer’s Choice’ Car Loans

Detroit Free Press - October 30, 2011

Ally is rolling out its new Buyer’s Choice loan pro­gram in five of the country’s most pop­u­lous states. This new type of car loan lets bor­row­ers sell their vehi­cles back to Ally after four years for a price that will, at the very least, cov­er the bal­ance left on the loan. The new offer­ing is now avail­able for con­sumers buy­ing GM and Chrysler vehi­cles in Cal­i­for­nia, Flori­da, Illi­nois, New York, and Texas.