Ally Offers Sandy Victims 90-Day First Payment Deferral
Ally Financial is working with East Coast customers affected by the storm, allowing them to defer payments for 90 days.
DETROIT — To assist auto customers in areas affected by Superstorm Sandy, Ally Financial will offer a 90-day payment deferral program on the purchase of all new General Motors and Chrysler 2012 and 2013 vehicles financed by Ally. The offer took effect on Nov. 7, and runs through Jan. 2, 2013.
The program allows eligible creditworthy customers residing in counties impacted by Superstorm Sandy to buy a new vehicle and defer the first payment for up to 90 days. It applies to both standard rate and manufacturer-incentivized financing contracts. Commercial vehicle sales for business use are also eligible.
“We recognize the devastation and difficulty caused by the superstorm, and Ally Financial is offering this program as a means to provide some relief to people who need to purchase a new vehicle in the affected areas,” said Tim Russi, executive vice president of Ally’s North American Operations.
Ally Financial also has been assisting dealers in the hurricane region to get back up and running quickly.
“Ally has deployed its field team to the areas affected by Superstorm Sandy and we are actively working with dealers that have Ally wholesale insurance to help them resume normal business operations,” said Ally Insurance’s Tom Callahan.
More F&I

Sell Value, Build Trust
In this video, Trent White explains why selling on value, not fear, builds lasting customer trust, reduces cancellations, and drives long-term success.
Read More →
F&I Sales Give Dealers First-Half Lift
Product business shored up total profits to avoid an overall revenue tanking as product penetrations held steady, StoneEagle reported.
Read More →
Targeted Training Drives Results
Today’s technology, instead of threatening F&I managers, can actually make them better, according to an industry veteran who’s watched market setbacks roil the unprepared.
Read More →
Double the Change, Double the Chance
When an F&I manager gets a customer refusal, it’s a wise move to tweak more than one thing in the product offering.
Read More →
Just Do It
F&I managers need training, but instead of resisting application or expecting perfection, they should improve by simply acting on what they learn.
Read More →
Dealer Lender Preferences Revealed
When lenders provide consistent, fast service, their overall satisfaction scores with dealers greatly improve, according to JD Power research.
Read More →
Leading with Purpose
In this video, Trent White explains how understanding your people’s 'why' is a key leadership responsibility of F&I professionals and how that mindset drives dealership engagement, trust and performance.
Read More →
Integrating Nontraditional F&I Products
The niche presents a strategic advantage for auto dealerships as they move to adapt to fast-changing consumer expectations in today’s market.
Read More →
Trust Is Personal
Technology, no matter how efficient, can’t replace what the human F&I manager can do, which is to bridge the divide between cyberspace and the in-store experience.
Read More →
Amplify 2026 Billed as Turning Innovation Into Results
Reynolds and Reynolds says its annual retail summit will connect dealers with practical strategies, peer insight, and technology-driven ideas.
Read More →