Ally Charging extra to sell car to dealer

I will look into this, thanks for sharing

Yup, totally understand where you’re coming from. Two things to watch out for - how long it takes for you to receive title (with the lien signed off), and to confirm the buyer will accept a title that’s not in your name. IIRC, some buyers like Carvana requires the title to be in the seller’s name.

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In this situation, you are almost always better off trading the car in on a new vehicle exchange – but I presume you are trying to get rid of a vehicle and not replace?

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You are correct, I already bought another car. Was thinking of keeping the Alfa too but the dealership closed here it’s a nightmare to get any servicing done. Drove 90 miles one way to the nearest dealer for oil change. They charged me over $400. It’s just doesn’t make any sense from either financial or convenience perspective to keep the car at this point.

I wonder if there is any fast title transfer option available when I bought the Telluride in August it took a full month to get title from DMV here in Cali. So the options are not good so far. Im also wondering if I can get a private party to buy while I wait to get title

My man wtf you can go to the local jiffy lube for an oil change :man_shrugging::man_shrugging::man_shrugging::man_shrugging:

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Alfa Romeo; not exactly a Toyota Camry.

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I wish man, reached out to so many places. No one has the tool to reset after oil change.

VW did this to me and they added a lot more than $1500. They did not even called it extra fees, they just told me they calculate the payoff differently !

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Not sure how it works in California but I did that recently and once I receive the title from USBank I went to tag agency and transfer it to my name and receive the title same day

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Cal automotive added 3k “premium” on top of my buyout price if I were to sell it to the dealer.

The 10 day period starts when you receive the title, not when the leasing company sends it. So you should be fine.


Oh this really helps, thanks.

Ya’ll are lucky. On a whim I asked Ally how much I could buy my lease out for. 30,338. WOW, that’s great. Another payment goes through and now I owe like 29,700. For grins I go to Carmax (the are literally 1/4 mile from me). They offer 32… No brainer I am selling and getting a car I ave been eyeing. Carmax calls for their payoff and they are quoted 39,982. Over 10k more!!! WTH!!!

Ally is fine with selling direct to the customer but they are not great partners for dealers and customers that want to trade into dealers (most likely not leasing another vehicle through Ally). This policy ensures they rake in GIANT gains on every thing that the dealers pass on because those dealer buyout prices are close to where they sell the vehicle at auction.

This is why you should think twice about leasing your next lease through Ally, US Bank, GrooveCar or CAL. All of those non-captives have a similar policy. CULA, who I work for, charges dealers the same price as the customer which makes us one of the few lenders left that still does that. We are losing quite a bit of money with this policy in the current wholesale environment but it is enabling us to originate the most leases in our 30+ year history.


I ended up buying my car off of Ally then sold it to carvana.

Do you have any info regarding Bethpage FCU policy?

Yes, with Bethpage the dealer can get the same buyout price as the lessee as long as it is a true trade in before the term date. I recommend trading in 30 days before your term date to make sure.

Great info thanks!

How many months left did you have on your lease?