Statement to Securityholder

Ally Auto Receivables Trust 2016-2

Final Report



Distribution Information	Deal Information

1. Distribution Summary	Deal:	Ally Auto Receivables Trust 2016-2

2. Factor Summary	Asset Type:	Consumer Retail

3. Interest Summary	Closing Date:	3/2/2016

4. Collections and Distributions	Bloomberg Ticker:	ALLYA 2016-2

5. Collateral Summary	Collection Period, Begin:	9/1/2019
	Collection Period, End:	9/30/2019
6. Charge-Off and Delinquency Rates	Determination Date:	10/10/2019
	Distribution Date:	10/15/2019
7. Credit Instruments
	ABS Investor Relations - Ally Financial Inc. as Servicer:
8. Performance Tests	Telephone:	(866) 710-4623
	E-Mail:	securitization@ally.com
9. Asset Representations Delinquency Triggers

10. Optional Purchase Price Summary

Page 1 of 9

Statement to Securityholder

Ally Auto Receivables Trust 2016-2

Final Report

1. Distribution Summary



Class	CUSIP/	Initial Note	Beginning Note	Note Rate	Principal	Interest	Pass	Total	Principal	Interest	Ending Note
	CUSIP-RegS	Principal Balance	Principal Balance		Distribution	Distribution	Through Distribution	Distribution	Carryover Shortfall	Carryover Shortfall	Principal Balance
								(3) + (4) + (5) = (6)			(1) - (3) - (7) = (9)
			(1)	(2)	(3)	(4)	(5)	(6)	(7)	(8)	(9)
A-1	02007XAA4	257,000,000.00	0.00	0.62000000	0.00	0.00	N/A	0.00	0.00	0.00	0.00
A-2	02007XAB2	306,000,000.00	0.00	1.17000000	0.00	0.00	N/A	0.00	0.00	0.00	0.00
A-3	02007XAC0	306,000,000.00	0.00	1.35000000	0.00	0.00	N/A	0.00	0.00	0.00	0.00
A-4	02007XAD8	97,130,000.00	31,183,788.21	1.60000000	31,183,788.21	41,578.38	N/A	31,225,366.59	0.00	0.00	0.00	*
B	02007XAE6	21,490,000.00	21,490,000.00	2.15000000	21,490,000.00	38,502.92	N/A	21,528,502.92	0.00	0.00	0.00	*
C	02007XAF3	17,910,000.00	17,910,000.00	2.29000000	17,910,000.00	34,178.25	N/A	17,944,178.25	0.00	0.00	0.00	*
D	02007XAG1	13,300,000.00	13,300,000.00	2.99000000	13,300,000.00	33,139.17	N/A	13,333,139.17	0.00	0.00	0.00	*
Certificates	02007X106/U02012109	N/A	N/A	N/A	N/A	N/A	16,185,538.04	16,185,538.04	N/A	N/A	N/A	*
Deal Totals		1,018,830,000.00	83,883,788.21		83,883,788.21	147,398.72	16,185,538.04	100,216,724.97	0.00	0.00	0.00

*Pursuant to Section 8.01 of the Servicing Agreement, Ally Financial Inc. as Servicer is exercising the option to purchase the assets of the Issuing Entity (other than the Designated Accounts), resulting in the redemption of the outstanding Notes by depositing in the Collection Account when required an amount equal to the greater of (a) the remaining unpaid Principal Balance of the Notes, plus accrued and unpaid interest, and any accrued and unpaid Basic Servicing Fee payments, and (b) the unpaid Aggregate Receivables Principal Balance plus accrued and unpaid interest.

Page 2 of 9

Statement to Securityholder

Ally Auto Receivables Trust 2016-2

Final Report

2. Factor Summary

(Amount per $1,000 of Original Principal)



Class	Beginning Note Pool	Principal Distribution	Interest Distribution	Total Distribution	Interest Carryover	Ending Note Pool
	Factor	Factor	Factor	Factor	Shortfall Factor	Factor
A-1	0.00000000	0.00000000	0.00000000	0.00000000	0.00000000	0.00000000
A-2	0.00000000	0.00000000	0.00000000	0.00000000	0.00000000	0.00000000
A-3	0.00000000	0.00000000	0.00000000	0.00000000	0.00000000	0.00000000
A-4	321.05207670	321.05207670	0.42806939	321.48014609	0.00000000	0.00000000
B	1,000.00000000	1,000.00000000	1.79166682	1,001.79166682	0.00000000	0.00000000
C	1,000.00000000	1,000.00000000	1.90833333	1,001.90833333	0.00000000	0.00000000
D	1,000.00000000	1,000.00000000	2.49166692	1,002.49166692	0.00000000	0.00000000



Beginning Aggregate Note Pool Factor:	82.33344936
Ending Aggregate Note Pool Factor:	0.00000000

Beginning Reserve Account Balance Factor:	1,000.00000000
Reserve Account Draw, distributed to Noteholders, Factor:	0.00000000
Reserve Account Draw, distributed to Certificateholders, Factor:	1,000.00000000
Ending Reserve Account Balance Factor:	0.00000000

Page 3 of 9

Statement to Securityholder

Ally Auto Receivables Trust 2016-2

Final Report

3. Interest Summary

A. Target Interest Summary

Class

Beginning Note Principal Balance

Interest Accrual Period, Start

Interest Accrual Period, End

Accrual Methodology

Applicable Index

Margin

Fixed

Note Rate

Target Interest Distribution

A-1

0.00

9/16/2019

10/14/2019

Actual/360

N/A

0.62000000

0.00

A-2

0.00

9/16/2019

10/14/2019

30/360

N/A

1.17000000

0.00

A-3

0.00

9/16/2019

10/14/2019

30/360

N/A

1.35000000

0.00

A-4

31,183,788.21

9/16/2019

10/14/2019

30/360

N/A

1.60000000

41,578.38

21,490,000.00

9/16/2019

10/14/2019

30/360

N/A

2.15000000

38,502.92

17,910,000.00

9/16/2019

10/14/2019

30/360

N/A

2.29000000

34,178.25

13,300,000.00

9/16/2019

10/14/2019

30/360

N/A

2.99000000

33,139.17

B. Interest Payment Amount Summary



Class	Beginning Unpaid Interest Carryover Shortfall	Target Interest Distribution	Interest Shortfall Amount Allocated/(Repaid)	Actual Interest Distribution (2) - (3) = (4)	Remaining Unpaid Interest Carryover Shortfall (1) - (3) = (5)
	(1)	(2)	(3)	(4)	(5)
A-1	0.00	0.00	0.00	0.00	0.00
A-2	0.00	0.00	0.00	0.00	0.00
A-3	0.00	0.00	0.00	0.00	0.00
A-4	0.00	41,578.38	0.00	41,578.38	0.00
B	0.00	38,502.92	0.00	38,502.92	0.00
C	0.00	34,178.25	0.00	34,178.25	0.00
D	0.00	33,139.17	0.00	33,139.17	0.00
Deal Totals	0.00	147,398.72	0.00	147,398.72	0.00

Page 4 of 9

Statement to Securityholder

Ally Auto Receivables Trust 2016-2

4. Collections and Distributions Final Report



Collections
Receipts During the Period	8,372,607.59
Administrative Purchase Payments	17,051.65
Warranty Payments	0.00
Liquidation Proceeds Including Recoveries (Net of Liquidation Expenses)	77,563.37
Other Fees or Expenses Paid	0.00
Optional purchase price for the assets of the Issuing Entity (the "Optional Purchase Price")*	89,273,633.95
Total Collections	97,740,856.56

Beginning Reserve Account Balance	2,558,610.30
Total Available Amount plus the Optional Purchase Price	100,299,466.86

Distributions
Total Available Amount plus the Optional Purchase Price	100,299,466.86
Basic Servicing Fee	81,241.89
Amounts owing to the Asset Representations Reviewer, Indenture Trustee, and Vote Tabulation Agent in connection with an Asset Representations Review	0.00
Aggregate Class A Interest Distributable Amount	41,578.38
First Priority Principal Distributable Amount	0.00
Aggregate Class B Interest Distributable Amount	38,502.92
Second Priority Principal Distributable Amount	0.00
Aggregate Class C Interest Distributable Amount	34,178.25
Third Priority Principal Distributable Amount	0.00
Aggregate Class D Interest Distributable Amount	33,139.17
Fourth Priority Principal Distributable Amount	0.00
Reserve Account Deposit	0.00
Noteholders' Regular Principal Distributable Amount related to the final Distribution Date*	83,883,788.21
Indenture Trustee expenses	0.00
Unpaid Fees due to Owner Trustee, Indenture Trustee, Administrator and Asset Representations Reviewer	1,500.00
Excess to the Certificateholders*	16,185,538.04

Supplemental Servicing Fees	34,561.64
Other Fees or Expenses Accrued	0.00
Liquidation Expenses	7,500.00

*Refer to Section 9 "Optional Purchase Price Summary" for additional details.

Page 5 of 9

Statement to Securityholder

Ally Auto Receivables Trust 2016-2

Final Report

5. Collateral Summary

A. Balances



		Original Balance	Beginning Balance	Ending Balance*
Deal Totals	Number of Receivables	57,588	16,992	16,227
	Aggregate Receivables Principal Balance	1,023,444,119.61	97,188,561.76	89,071,349.72
	Aggregate Amount Financed	1,034,838,476.98	97,490,273.25	89,331,892.41

* Prior to the Servicer exercising its option to purchase the assets of the Issuing Entity.

There have been no receivables with respect to which material breaches of pool asset representations or warranties or transaction covenants have occurred.

B. Pool Composition - Weighted Averages



	Inception	Beginning	Ending	Inception	Beginning	Ending	Inception	Beginning	Ending
	Weighted	Weighted	Weighted	Weighted	Weighted	Weighted	Weighted	Weighted	Weighted
	Average	Average	Average	Average	Average	Average	Average	Average	Average
	Coupon	Coupon	Coupon	Original	Original	Original	Remaining	Remaining	Remaining
				Maturity	Maturity	Maturity	Maturity	Maturity	Maturity
Deal Totals	4.36000000	4.87786105	4.91261836	66.12	69.17	69.32	54.15	19.33	18.64

C. Pool Composition - Prepayments



Month	1	2	3	4	5	6	7	8	9	10	11	12	13	14	15	16	17	18	19	20
Monthly	1.18%	1.39%	1.42%	1.23%	1.41%	1.23%	1.27%	1.45%	1.30%	1.16%	1.16%	1.12%	1.21%	1.10%	1.37%	1.03%	1.32%	1.27%	1.21%	1.23%

Month	21	22	23	24	25	26	27	28	29	30	31	32	33	34	35	36	37	38	39	40
Monthly	1.09%	1.23%	1.13%	1.04%	1.23%	1.07%	1.21%	1.17%	1.15%	1.11%	1.19%	1.18%	0.88%	1.18%	1.01%	1.06%	1.08%	0.98%	1.12%	1.11%

Month	41	42	43	44	45	46	47	48	49	50	51	52	53	54	55	56	57	58	59	60
Monthly	1.16%	0.92%	1.20%	1.08%	0.99%

Page 6 of 9

Statement to Securityholder

Ally Auto Receivables Trust 2016-2

Final Report

6. Charge-Off and Delinquency Rates

A. Current



	Charge-Off Rate						Delinquency Rate
	Average Aggregate Amount Financed	Number of Units Charged-Off	Net Charge-Offs	Average Net Charge-Offs	Loss Rate		Total Accounts	Accounts over 60	Percent Delinquent
Current	93,411,082.83	25	63,091.60	2,523.66	0.8105	%	16,227	75	0.4622	%
Preceding	101,940,920.74	28	99,418.52	3,550.66	1.1703	%	16,992	80	0.4708	%
Next Preceding	111,435,643.38	19	83,783.05	4,409.63	0.9022	%	17,816	76	0.4266	%
Third Preceding	121,055,699.60	17	35,652.75	2,097.22	0.3534	%	Three Month Average		0.4532	%
Four Month Average					0.8091	%

B. Cumulative



	Aggregate Amount	Cumulative Net	Cumulative Loss Rate		Delinquency	Total	Total Balance	Percent
	Financed	Charge-Offs			Stratification	Accounts		Delinquent
Totals	1,034,838,476.98	7,806,270.65	0.7543	%	31 - 60 days	268	2,033,214.06	2.2760	%
The information contained in this report is defined or determined in a manner consistent with the prospectus for Ally Auto Receivables					61 - 90 days	63	441,305.12	0.4940	%
Trust 2016-2 related to delinquencies, charge-offs or uncollectible accounts.					91 - 120 days	12	82,509.71	0.0924	%
					> 120 days	0	0.00	0.0000	%
There have been no material changes in determining delinquencies, charge-offs or uncollectible amounts.

					Bankruptcies		Total Accounts	Total Balance
					Prior Period¹		282	1,868,919.24
					Current Period		19	109,978.12
1. Prior Period Bankruptcies reflect currently active accounts.					Inventory Charged-Off²		24	46,282.32
2. Bankruptcy Inventory Charged-Off includes both bankruptcies returned to active status and charge-offs on prior period bankruptcies.					Ending Inventory		277	1,932,615.04

7. Credit Instruments

A. Reserve Accounts



Account	Initial Balance	Beginning Balance	ADDITIONS	REDUCTIONS		Ending Balance	Specified Reserve Account Balance
				Draws	Releases*
Cash Reserve	2,558,610.30	2,558,610.30	0.00	0.00	2,558,610.30	0.00	0.00

* In connection with the Servicer exercising its option to purchase the assets of the Issuing Entity.

Page 7 of 9

Statement to Securityholder

Ally Auto Receivables Trust 2016-2

Final Report

8. Performance Tests (prior to the Servicer exercising its option to purchase the assets)



Event of Default	All Tests Passed
Servicer Default	All Tests Passed
Asset Representations Review Delinquency Trigger	PASS
Overcollateralization Target reached?	YES
Initial Overcollateralization	4,614,119.61
Current Overcollateralization	13,304,773.55
Overcollateralization Target	13,304,773.55

9. Asset Representations Delinquency Triggers



Period	1		2		3		4		5		6		7		8		9		10		11		12		13		14		15		16		17		18		19		20
Trigger Level	0.90	%	0.90	%	0.90	%	0.90	%	0.90	%	0.90	%	0.90	%	0.90	%	0.90	%	0.90	%	0.90	%	0.90	%	1.30	%	1.30	%	1.30	%	1.30	%	1.30	%	1.30	%	1.30	%	1.30	%
61+ Delinquencies	0.01	%	0.08	%	0.06	%	0.10	%	0.11	%	0.09	%	0.13	%	0.18	%	0.17	%	0.21	%	0.23	%	0.31	%	0.31	%	0.18	%	0.19	%	0.23	%	0.19	%	0.24	%	0.27	%	0.31	%

Period	21		22		23		24		25		26		27		28		29		30		31		32		33		34		35		36		37		38		39		40
Trigger Level	1.30	%	1.30	%	1.30	%	1.30	%	1.65	%	1.65	%	1.65	%	1.65	%	1.65	%	1.65	%	1.65	%	1.65	%	1.65	%	1.65	%	1.65	%	1.65	%	2.25	%	2.25	%	2.25	%	2.25	%
61+ Delinquencies	0.36	%	0.34	%	0.35	%	0.37	%	0.39	%	0.31	%	0.30	%	0.29	%	0.34	%	0.45	%	0.43	%	0.46	%	0.54	%	0.47	%	0.61	%	0.58	%	0.55	%	0.39	%	0.34	%	0.47	%

Period	41		42		43		44		45		46		47		48		49		50		51		52		53		54		55		56		57		58		59		60
Trigger Level	2.25	%	2.25	%	2.25	%	2.25	%	2.25	%	2.25	%	2.25	%	2.25	%	2.25	%	2.25	%	2.25	%	2.25	%	2.25	%	2.25	%	2.25	%	2.25	%	2.25	%	2.25	%	2.25	%	2.25	%
61+ Delinquencies	0.42	%	0.49	%	0.52	%	0.57	%	0.59	%

There have been no material modifications, extensions or waivers relating to the terms of or fees, penalties or payments on, pool assets during the distribution period or that, cumulatively, have become material over time.

This Servicer Certificate relates only to AART 2016-2. This Servicer Certificate should not be relied upon with respect to any other security. The information contained herein is only an indication of past performance and does not predict how AART 2016-2 will perform in the future.

Page 8 of 9

Statement to Securityholder

Ally Auto Receivables Trust 2016-2

Final Report

10. Optional Purchase Price Summary



Aggregate Receivables Principal Balance - Ending Balance	89,071,349.72
Accrued and unpaid interest on the assets	202,284.23
Optional Purchase Price	89,273,633.95

Noteholders' Regular Principal Distributable Amount related to the Collection Period	8,117,212.04
Noteholders' Principal Distributable Amount related to the satisfaction of the outstanding Notes	75,766,576.17
Noteholders' Regular Principal Distributable Amount related to the final Distribution Date	83,883,788.21

Excess Total Available Amount for the Collection Period	119,869.96
Cash Reserve (available to Certificateholders)	2,558,610.30
Current Overcollateralization (available to Certificateholders)	13,304,773.55
Accrued and unpaid interest on the assets (available to Certificateholders)	202,284.23
Excess to the Certificateholders	16,185,538.04

Page 9 of 9

Ally Auto Receivables Trust 2016-2 10-D