Ally Gmac Rates?

topdj · February 2, 2011

I have A+ credit and my dealer says to take the Ally and the 1000 along with the owner loyalty 1000 and 2000 rebate.

my bank will do 4.49 72months but I have to pay an extra 1000 for the truck, Its sitting at the dealer so U have to get over to sign my paperwork soon.

Does Ally charge some crazy rates?

66 ROG · February 2, 2011

I don't know about right now, but in late December, Ally was 4.49% for 60 months.

Stevens03 · February 2, 2011

I got 3.9% in November with ally

jimbrown1 · February 2, 2011

I have A+ credit and my dealer says to take the Ally and the 1000 along with the owner loyalty 1000 and 2000 rebate.
my bank will do 4.49 72months but I have to pay an extra 1000 for the truck, Its sitting at the dealer so U have to get over to sign my paperwork soon.

Does Ally charge some crazy rates?

Finance with Ally to get the rebate, you only have to keep the loan open for 90 days or they charge the dealer for the Down Payment Assistance if you pay it off early or refinance asomewhere else, then go somewhere else and refinance at a lower rate. Interest for 3 months is very little.

03blackz71 · February 2, 2011

I got 3.? % last year when I got my tahoe. I was shocked at that low of a rate and my credit is A++++ so I would try that route first.

mike94silverado · February 2, 2011

yeah if you have good credit ally is very competitive. you won't be paying much different to take advantage of that thousand and after 90 you can move it to another bank

762x51 · February 2, 2011

If you have Excel on your PC then you can download a free auto loan calculator here:

Auto Loan Calculator

There are also a bunch of free web based calculators that you can find using Google.

Here is a simple one: Simple Auto Loan Calculator

This will help you decide what's best for you - using real numbers

Regards,

Orin

topdj · February 2, 2011

well I do have A+ and I got a message from a member who got 3.9% 72 on jan11 2011 with the rebates too

if they can do that I will be happy

BCNU · February 2, 2011

well I do have A+ and I got a message from a member who got 3.9% 72 on jan11 2011 with the rebates too
if they can do that I will be happy

I just bought a 2011 GMC Seirra Denali and got 3.8% for 72 months and $4500 rebates and $1000 loyalty cash plus $2000 on GM card.

topdj · February 2, 2011

my dealer says I wont get 3.9 that even with A+ and $15000 down he says he is seeing 5.5% ??? WTF

man what a tease my truck is sitting in the dealers lot with a sold tag on it, he also ordered a SLE , he brought them down and parked them side by side the SLT and the SLE both blue with leather. tough choice only $1600 more to get the SLT

jimbrown1 · February 3, 2011

I had an 821 credit score and only got 4.89% for 60 months but I'm paying it off after the 90 days and didn't really care. This was in January when I bought the truck, a 2011 Chevy Silverado Crew Cab 4X4.

topdj · February 3, 2011

very strange the rates are not consistent

jwhjr · February 4, 2011

Finance with Ally to get the rebate, you only have to keep the loan open for 90 days or they charge the dealer for the Down Payment Assistance if you pay it off early or refinance asomewhere else, then go somewhere else and refinance at a lower rate. Interest for 3 months is very little.

Just got done doing this with our Traverse we bought back in September. We have excellent credit and the best they would give us through Ally was 6% (we took the rebate). Refinanced through a credit union and we're now under 4%.