Fitch Rates Ally Master Owner Trust, Series 2013-1

NEW YORK--()--Fitch Ratings assigns the following ratings and Rating Outlooks to Ally Master Owner Trust, Series 2013-1:

--$650,000,000 class A-1 'AAAsf'; Outlook Stable;

--$350,000,000 class A-2 'AAAsf'; Outlook Stable;

--$74,830,000 class B 'AAsf'; Outlook Stable;

--$54,422,000 class C 'Asf'; Outlook Stable;

--$40,816,000 class D 'BBBsf'; Outlook Stable;

--$190,476,218 class E 'NR'.

Fitch's stress and rating sensitivity analysis are discussed in the presale report titled 'Ally Master Owner Trust, Series 2013-1', dated Feb. 8, 2013, which is available on Fitch's web site, www.fitchratings.com.

Additional information is available at 'www.fitchratings.com'. The ratings above were solicited by, or on behalf of, the issuer, and therefore, Fitch has been compensated for the provision of the ratings.

Applicable Criteria and Related Research:

--'Global Rating Criteria for Dealer Floorplan ABS' (Jan. 22, 2013);

--'Global Structured Finance Rating Criteria' (June 6, 2012);

--'Ally Master Owner Trust, Series 2013-1', (Feb. 8, 2013).

Applicable Criteria and Related Research:

Ally Master Owner Trust, Series 2013-1 (US ABS)

http://www.fitchratings.com/creditdesk/reports/report_frame.cfm?rpt_id=701015

Global Structured Finance Rating Criteria

http://www.fitchratings.com/creditdesk/reports/report_frame.cfm?rpt_id=679923

Global Rating Criteria for Dealer Floorplan ABS

http://www.fitchratings.com/creditdesk/reports/report_frame.cfm?rpt_id=698609

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Contacts

Fitch Ratings
Primary Analyst
Sean Egeran, CFA, +1-212-908-0621
Director
Fitch Ratings, Inc.
One State Street Plaza
New York, NY 10004
or
Secondary Analyst
Hylton Heard, +1-212-908-0214
Senior Director
or
Committee Chairperson
John H. Bella Jr., +1-212-908-0243
Managing Director
or
Media Relations:
Sandro Scenga, New York, +1 212-908-0278
Email: sandro.scenga@fitchratings.com

Sharing

Contacts

Fitch Ratings
Primary Analyst
Sean Egeran, CFA, +1-212-908-0621
Director
Fitch Ratings, Inc.
One State Street Plaza
New York, NY 10004
or
Secondary Analyst
Hylton Heard, +1-212-908-0214
Senior Director
or
Committee Chairperson
John H. Bella Jr., +1-212-908-0243
Managing Director
or
Media Relations:
Sandro Scenga, New York, +1 212-908-0278
Email: sandro.scenga@fitchratings.com