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McLaren Signs Up with Ally Financial

Jim HenrybyJim Henry
January 4, 2016
in Archives, Risk Management
Reading Time: 1 min read
0

Large-6082040115-mclarenExotic automaker McLaren Automotive North America signed up Ally Financial as a preferred lender to provide loans and leases for McLaren 570S and 650S models, the companies announced today.

“The availability of leasing comes at a critical time for McLaren as we begin to deliver the 570S Coupe, which enters a segment where lease availability is critical to car sales,” said Anthony Joseph, president of McLaren North America, in a written statement.

Leases are available for the 2016 McLaren 570S Coupe for “as low as” $2,200 per month, McLaren said. Suggested retail starts at $184,900 for the 570S Coupe. The McLaren 650S starts at $269,500.

Ally Financial is working to diversify its preferred-lender relationships, as General Motors and Chrysler phased out Ally’s access to OEM incentives. For example Ally announced last month it signed up as a preferred lender for Beepi, a Silicon Valley-based, online marketplace for private individuals to buy and sell used cars.

Tags: AllyChrysler GroupGeneral Motors Co.
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