FINANCIAL_SERVICESPENDING

Ally Financial Proposes Lease Options for Patrol Car

The City of Negaunee has received municipal lease-purchase financing proposals from Ally Financial to fund the replacement police vehicle, offering 2- and 4-year options on a $25,949 principal amount. Council must decide whether to use Ally’s lease plan, pay cash from the Equipment Millage Fund, or budget the purchase in 2027.

Status
PENDING
Document date
July 12, 2026
Contract type
FINANCIAL_SERVICES
Vendor
Ally Financial
Agency
City of Negaunee · MI

Trusted by teams at

Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo
Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo
Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo
Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo

Scope & details

The full contract record, as filed.

Contract amount
$25,949.00 principal (lease-purchase options)
Contract type
FINANCIAL_SERVICES
Contract term
Option 1: 2-year term at 9.79% APR; Option 2: 4-year term at 9.89% APR
Document type
AgendaPacket
Source document
City of Negaunee Agenda Packet 2026-07-16

Related contracts

Other contracts from Ally Financial.

View all →

Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the financial services contract by City of Negaunee?

Ally Financial was awarded this financial services contract by City of Negaunee, as recorded on July 12, 2026. The contract value is $25,949.00 principal (lease-purchase options).

How much is the Ally Financial contract with City of Negaunee worth?

The Ally Financial contract with City of Negaunee is valued at $25,949.00 principal (lease-purchase options), covering financial services work.

What type of contract is this?

This is a Financial Services contract, documented as a agendapacket record.

Where was this contract approved?

This contract appears in City of Negaunee Agenda Packet 2026-07-16 (AgendaPacket), dated July 12, 2026 from City of Negaunee. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Ally Financial hold?

Ally Financial may hold additional government contracts. View their full contract history, the agencies they serve, and total tracked spend on their Civic IQ vendor profile.

View Ally Financial's profile

What is City of Negaunee currently buying?

Explore City of Negaunee's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

View City of Negaunee's profile

Bring us your territory.
We'll show you what is forming.

B2G and SLED sales intelligence. Surface government procurement signals from 80,000+ state, local, and education agencies months before the RFP.

Try Civic IQ for free