Is DriveTime a good idea?
Is DriveTime a good idea?
DriveTime is a good option for people who have either no credit or less than optimal credit. DriveTime has more than just a wide array of used cars at fair prices. Additional features like a five-day vehicle return policy and a 30-day/1,500 limited warranty make it a solid choice for your next vehicle purchase.
Is everyone really approved at DriveTime?
Do you approve everyone? Yes! Everyone is approved at DriveTime. Start your easy, online approval today and know your down payment before you shop, or call our approvals line at 888-418-1212.
Is DriveTime better than CarMax?
Results were generated by 307 employees and customers of CarMax and 264 employees and customers of DriveTime. CarMax’s brand is ranked #- in the list of Global Top 1000 Brands, as rated by customers of CarMax….CarMax vs DriveTime.
| 45% | Promoters |
|---|---|
| 11% | Passive |
| 44% | Detractors |
Is CarMax and DriveTime the same company?
Large used-car retailers like CarMax and DriveTime function like independent dealerships, but they’re different for a number of reasons. For example, CarMax calls for inspections of all of its cars for sale, and each comes with a free vehicle history report and safety recall report. DriveTime’s program is similar.
Is DriveTime like JD Byrider?
Results were generated by 264 employees and customers of DriveTime and 14 employees and customers of JD Byrider. DriveTime’s brand is ranked #- in the list of Global Top 1000 Brands, as rated by customers of DriveTime….DriveTime vs JD Byrider.
| 21% | Promoters |
|---|---|
| 11% | Passive |
| 68% | Detractors |
Can you negotiate with DriveTime?
DriveTime is a “No-Haggle Dealership,” where there is no negotiation and the price you see is the price you get.
Is DriveTime owned by Carvana?
Carvana. In 2013, DriveTime became the majority owner of Carvana; the two companies are operated completely separately. Carvana was founded in 2012 and launched nationwide in November 2013. The Phoenix-based company is an online used car retailer.
How does DriveTime verify employment?
Proof of income: Either a bank statement or the stub of a paycheck will suffice. This verifies your employment and shows the dealership that monthly payments can be met.
Does DriveTime have tracking devices on their cars?
DriveTime vehicles come equipped with a GPS location device which we may utilize in certain, restricted circumstances. You may also utilize third-party apps to locate and track your vehicle.
How much is DriveTime worth?
DriveTime now generates annual revenues of some $2.5 billion and is extremely profitable. Garcia recently declined offers to buy DriveTime for just under $1 billion, according to an individual familiar with the matter.
Does DriveTime report to credit?
Does DriveTime report to my credit? DriveTime’s loan servicing company, Bridgecrest (formerly known as DT Acceptance Corp), reports active finance accounts to all three major credit bureau reporting agencies: Experian, Equifax and TransUnion.