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McLAREN AND ALLY FINANCIAL ANNOUNCE FINANCING RELATIONSHIP

McLaren Automotive North America and Ally Financial announced today a new preferred financing relationship, which includes the availability of retail financing and competitive leasing options for the two best-selling McLaren models, the McLaren 570S and 650S. McLaren and Ally worked together over several months to develop this bespoke program for the unique McLaren client base. Retail financing and closed-end leases are available to qualified customers immediately throughout the entire U.S. McLaren retailer network.

“We are thrilled to announce the addition of leasing to our purchasing options, and fulfil what has been a regular request from our customers and dealers since we first set up U.S. operations 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.”

These closed-end lease programs from McLaren were developed in response to both customer and retailer demand, and to better compete in the performance car market. Leases are available for the 2016 McLaren 570S Coupe for as low as $2,200 per month*.

The competitive leases provide McLaren customers with certainty around the cost of driving by transferring the risk of depreciation away from the customer. They also offer convenience, where customers who have met all of their 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 the network of McLaren retailers in the U.S. and providing long term value.”

* Subject to terms, conditions and availability. Available through participating McLaren retailers in the United States.

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