<SEC-DOCUMENT>0001104659-21-000277.txt : 20210104
<SEC-HEADER>0001104659-21-000277.hdr.sgml : 20210104
<ACCEPTANCE-DATETIME>20210104155526
ACCESSION NUMBER:		0001104659-21-000277
CONFORMED SUBMISSION TYPE:	424B2
PUBLIC DOCUMENT COUNT:		1
FILED AS OF DATE:		20210104
DATE AS OF CHANGE:		20210104

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			Ally Financial Inc.
		CENTRAL INDEX KEY:			0000040729
		STANDARD INDUSTRIAL CLASSIFICATION:	STATE COMMERCIAL BANKS [6022]
		IRS NUMBER:				380572512
		STATE OF INCORPORATION:			DE
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		424B2
		SEC ACT:		1933 Act
		SEC FILE NUMBER:	333-226651
		FILM NUMBER:		21501717

	BUSINESS ADDRESS:	
		STREET 1:		ALLY DETROIT CENTER
		STREET 2:		500 WOODWARD AVE. FLOOR 10
		CITY:			DETROIT
		STATE:			MI
		ZIP:			48226
		BUSINESS PHONE:		866-710-4623

	MAIL ADDRESS:	
		STREET 1:		ALLY DETROIT CENTER
		STREET 2:		500 WOODWARD AVE. FLOOR 10
		CITY:			DETROIT
		STATE:			MI
		ZIP:			48226

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	GMAC INC.
		DATE OF NAME CHANGE:	20090701

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	GMAC LLC
		DATE OF NAME CHANGE:	20060720

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	GENERAL MOTORS ACCEPTANCE CORP
		DATE OF NAME CHANGE:	19920703
</SEC-HEADER>
<DOCUMENT>
<TYPE>424B2
<SEQUENCE>1
<FILENAME>tm211540-1_424b2.htm
<DESCRIPTION>424B2
<TEXT>
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<P STYLE="margin: 0"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; text-align: right; margin-top: 0pt; margin-bottom: 0pt"><FONT STYLE="font-size: 8pt">&#9;&#9;&#9;&#9;&#9;&#9;&#9;&#9;&#9;&#9;&#9;&#9;&#9;&#9;&#9;&#9;&#9;&#9;&#9;&#9;&#9;<FONT STYLE="font-family: Times New Roman, Times, Serif"><B>Filed under Rule 424(b)(2), Registration Statement No. 333-226651</B></FONT></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; text-align: right; margin-top: 0pt; margin-bottom: 0pt"><FONT STYLE="font-size: 8pt">&#9;&#9;&#9;&#9;&#9;&#9;&#9;&#9;&#9;&#9;&#9;&#9;&#9;&#9;&#9;&#9;Preliminary Pricing Supplement No. 248 - Dated Monday, January
4, 2021 (To: Prospectus dated August 7, 2018)</FONT></P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
<TR STYLE="vertical-align: bottom; background-color: #A5B4CB">
    <TD STYLE="padding: 0; width: 9%; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt"><B>CUSIP</B></FONT></TD>
    <TD STYLE="padding: 0; width: 5%; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt"><B>Principal</B></FONT></TD>
    <TD STYLE="padding: 0; text-align: center; width: 7%"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt"><B>Selling</B></FONT></TD>
    <TD STYLE="border-right: #A5B4CB 1pt solid; padding: 0; width: 7%; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt"><B>Gross</B></FONT></TD>
    <TD STYLE="padding: 0; width: 5%; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt"><B>Net</B></FONT></TD>
    <TD STYLE="padding: 0; width: 7%; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt"><B>Coupon</B></FONT></TD>
    <TD STYLE="padding: 0; width: 7%; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt"><B>Coupon</B></FONT></TD>
    <TD STYLE="padding: 0; width: 7%; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt"><B>Coupon</B></FONT></TD>
    <TD STYLE="padding: 0; width: 7%; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt"><B>Maturity</B></FONT></TD>
    <TD STYLE="padding: 0; width: 7%; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt"><B>1st
    Coupon</B></FONT></TD>
    <TD STYLE="padding: 0; width: 7%; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt"><B>1st
    Coupon</B></FONT></TD>
    <TD STYLE="padding: 0; width: 7%; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt"><B>Survivor's</B></FONT></TD>
    <TD STYLE="border-right: #A5B4CB 1pt solid; padding: 0; width: 18%; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt"><B>Product</B></FONT></TD></TR>
<TR STYLE="vertical-align: bottom; background-color: #A5B4CB">
    <TD STYLE="border-bottom: Black 1pt solid; padding: 0; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt"><B>Number</B></FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; padding: 0; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt"><B>Amount</B></FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; padding: 0; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt"><B>Price</B></FONT></TD>
    <TD STYLE="border-right: #A5B4CB 1pt solid; border-bottom: Black 1pt solid; padding: 0; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt"><B>Concession</B></FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; padding: 0; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt"><B>Proceeds</B></FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; padding: 0; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt"><B>Type</B></FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; padding: 0; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt"><B>Rate</B></FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; padding: 0; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt"><B>Frequency</B></FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; padding: 0; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt"><B>Date</B></FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; padding: 0; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt"><B>Date</B></FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; padding: 0; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt"><B>Amount</B></FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; padding: 0; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt"><B>Option</B></FONT></TD>
    <TD STYLE="border-right: #A5B4CB 1pt solid; border-bottom: Black 1pt solid; padding: 0; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt"><B>Ranking</B></FONT></TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="padding: 0; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #C70101"><B>02006DWR8</B></FONT></TD>
    <TD STYLE="padding: 0; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt">[]</FONT></TD>
    <TD STYLE="padding: 0; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt">100.00%</FONT></TD>
    <TD STYLE="padding: 0; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt">0.825
    %</FONT></TD>
    <TD STYLE="padding: 0; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt">[]</FONT></TD>
    <TD STYLE="padding: 0; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt">Fixed</FONT></TD>
    <TD STYLE="padding: 0; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt">0.600 %</FONT></TD>
    <TD STYLE="padding: 0; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt">Monthly</FONT></TD>
    <TD STYLE="padding: 0; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt">01/15/2024</FONT></TD>
    <TD STYLE="padding: 0; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt">2/15/2021</FONT></TD>
    <TD STYLE="padding: 0; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt">$0.52</FONT></TD>
    <TD STYLE="padding: 0; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt">Yes</FONT></TD>
    <TD STYLE="padding: 0; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt">Senior Unsecured Notes</FONT></TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD COLSPAN="13" STYLE="padding: 0; text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt"><B>Redemption Information: <FONT STYLE="color: #C70101">Callable at 100% on 7/15/2021 and Semi-Annually
thereafter with 30 Calendar Days Notice.</FONT></B></FONT></TD></TR>
<TR STYLE="vertical-align: bottom; background-color: #E1E1E1">
    <TD STYLE="border-top: Black 1pt solid; padding: 0; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #C70101"><B>02006DWS6</B></FONT></TD>
    <TD STYLE="border-top: Black 1pt solid; padding: 0; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt">[]</FONT></TD>
    <TD STYLE="border-top: Black 1pt solid; padding: 0; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt">100.00%</FONT></TD>
    <TD STYLE="border-top: Black 1pt solid; border-right: #E1E1E1 1pt solid; padding: 0; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt">1.250
    %</FONT></TD>
    <TD STYLE="border-top: Black 1pt solid; padding: 0; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt">[]</FONT></TD>
    <TD STYLE="border-top: Black 1pt solid; padding: 0; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt">Fixed</FONT></TD>
    <TD STYLE="border-top: Black 1pt solid; padding: 0; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt">1.150
    %</FONT></TD>
    <TD STYLE="border-top: Black 1pt solid; padding: 0; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt">Monthly</FONT></TD>
    <TD STYLE="border-top: Black 1pt solid; padding: 0; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt">01/15/2026</FONT></TD>
    <TD STYLE="border-top: Black 1pt solid; padding: 0; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt">2/15/2021</FONT></TD>
    <TD STYLE="border-top: Black 1pt solid; padding: 0; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt">$0.99</FONT></TD>
    <TD STYLE="border-top: Black 1pt solid; padding: 0; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt">Yes</FONT></TD>
    <TD STYLE="border-top: Black 1pt solid; border-right: #E1E1E1 1pt solid; padding: 0; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt">Senior
    Unsecured Notes</FONT></TD></TR>
<TR STYLE="vertical-align: bottom; background-color: #E1E1E1">
    <TD COLSPAN="13" STYLE="border-right: #E1E1E1 1pt solid; padding: 0; text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt"><B>Redemption
    Information: <FONT STYLE="color: #C70101">Callable at 100% on 7/15/2021 and Semi-Annually
thereafter with 30 Calendar Days Notice</FONT></B></FONT></TD></TR>
</TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></P>

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<TR STYLE="vertical-align: bottom">
    <TD STYLE="vertical-align: top; text-align: left; width: 26%"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt">Ally Financial Inc.</FONT></TD>
    <TD STYLE="text-align: left; width: 56%"><P STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left; margin-top: 0pt; margin-bottom: 0pt"></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 8pt">Offering Date: Monday, January
4, 2021 through Monday, January 11, 2021</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 8pt">Trade Date: Monday, January 11,
2021 @ 12:00 PM ET</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 8pt">Settle Date: Thursday, January
14, 2021&#9;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 8pt">Minimum Denomination/Increments:
$1,000.00/$1,000.00</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 8pt">Initial trades settle flat and
clear SDFS: DTC Book Entry only</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 8pt">DTC Number 0235 via RBC Dain Rauscher
Inc</FONT></P>
<P STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left; margin-top: 0pt; margin-bottom: 0pt"></P>
        <P STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left; margin-top: 0pt; margin-bottom: 0pt"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></P>
        <P STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left; margin-top: 0pt; margin-bottom: 0pt"></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 8pt">Agents: Incapital LLC, Citigroup,
RBC Capital Markets, Morgan Stanley, J.P. Morgan, Wells Fargo Advisors, LLC</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 8pt">Except for Notes sold to level-fee
accounts, Notes offered to the public will be offered at the public offering price set forth in this Pricing Supplement. Selected
dealers purchasing Notes on an agency basis for non-level fee client accounts shall purchase Notes at the public offering price.
Notes purchased by the selected dealers for their own account may be purchased at the public offering price less the applicable
concession. Notes purchased by the selected dealers on behalf of level-fee accounts may be sold to such accounts at the applicable
concession to the public offering price, in which case,</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 8pt">such selected dealers will not
retain any portion of the sales price as compensation.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 8pt">If the maturity date or an interest
payment date for any note is not a business day (as term is defined in prospectus), principal, premium, if any, and interest for
that note is paid on the next business day, and no interest will accrue from, and after, the maturity date or interest payment
date.</FONT></P>
<P STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left; margin-top: 0pt; margin-bottom: 0pt"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></P></TD>
    <TD STYLE="white-space: nowrap; vertical-align: top; text-align: right; width: 18%"><P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; color: blue"><FONT STYLE="font-size: 8pt"><B>Ally
                                         Financial Inc.</B></FONT></P>
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; color: blue"><FONT STYLE="font-size: 8pt"><B>Ally Financial Term Notes, Series A</B></FONT></P>
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; color: blue"><FONT STYLE="font-size: 8pt"><B>Prospectus dated August 7, 2018</B></FONT></P></TD></TR>
</TABLE>
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