Ally to Offer Leasing on Select McLaren Models
McLaren Automotive North America and Ally Financial have announced a new preferred financing relationship that will allow qualified consumers to lease the new McLaren 570S or 650S.
NEW YORK — McLaren Automotive North America and Ally Financial have announced a new preferred financing relationship that will give customers a new way of buying certain McLaren models. Qualified customers in the United States looking to buy a new McLaren 570S or 650S will now have the option of financing or leasing the vehicles, according to the company.
The McLaren 570S Coupe is priced at $184,900 and is the first model in the company’s new line of Sports Series vehicles. It made its global debut at the New York International Auto Show in April 2015 and is just now arriving at U.S. retailers. The 650S is part of McLaren’s Super Series and starts at $269,500.
“We are thrilled to announce the addition of leasing to our purchasing options, and fulfill what has been a regular request from our customers and dealers since we first set up U.S. operation in 2011. Ally Financial has been a wonderful partner to develop this bespoke program with, and we are excited to launch it today,” said Anthony Joseph, president of McLaren North America. “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.”
The close-ended lease programs were a response to customer and retailer demand, and to better compete in the performance car market, according to McLaren.
The company states that the leases will transfer the risk of depreciation away from the customer. The company added that leases also offer convenience, as customers who meet all lease obligations can simply turn their car back in at the end of the leasing term.
“We are pleased to be launching this program with McLaren and supporting one of the world’s premiere luxury brands,” said Tim Russi, president of Auto Finance at Ally Financial. “We look forward to establishing and building strong relationships with McLaren’s network of U.S. dealerships and providing long term value.”
More Auto Finance

July Was Hot for Auto Borrowers
Credit proved readily available for many, but most loans left buyers in negative territory, Cox Automotive said.
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 →
Auto Refi Savings Surge
Consumers with 84-month auto loan terms who refinanced saved the most on monthly payments, according to a new report by auto refinancing provider Caribou.
Read More →
Subaru Enters Lending Business
The automaker follows other brands in adding captive financing in the U.S., and says the move will strengthen its position here.
Read More →
Positive Equity Reaches Record High
Mainstream vehicle owners who bought a car seven years ago are likely to have positive equity when trading in for a new vehicle, according to second-quarter Edmunds data.
Read More →
Dealerships Are Paying the Price for Extended Car Loans
Growing negative-equity scenarios mean such lengthy terms should be addressed in a forward-looking way to make them work for the dealer and the consumer down the road.
Read More →
Trade-Ins in Negative Equity Reach New Heights
As such trade-ins rise in frequency, so do monthly loan payment amounts and interest rates, according to second-quarter data compiled by Edmunds.
Read More →
Auto Credit Plentiful
June numbers show lenders are readily granting access, including to risky borrowers, as consumers leverage themselves to take on high prices.
Read More →
Automotive Consumers Sink Further in Debt
Most financing metrics hit records in the second quarter as more buyers locked themselves into long terms and high monthly payments.
Read More →
Porsche Financial Services Shifts Structure
After 36 years with Porsche, the Financial Services Chief Financial Officer Konrad Riedl is retiring, and the department is realigning its management structure.
Read More →