Is everyone approved at DriveTime?
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. Simply start our easy, online approval and get your down payment amount before you shop.
Is DriveTime down payments real?
Is this real? This is a real approval! We used DriveTime’s proprietary credit scoring model and the information you provided to calculate your down payment. It’s how we’ve approved over 3 million people so far, and it’s how we help good people like you buy their own vehicle.
How many locations does DriveTime have?
138
As of 2018, DriveTime had approximately 145 locations in the U.S. and 3,800 employees….DriveTime.
| Type | Private |
|---|---|
| Headquarters | 1720 W. Rio Salado Parkway, Tempe, Arizona , U.S. |
| Number of locations | 138 (2019) |
How do payments work at DriveTime?
DriveTime does not offer the opportunity to make payments on the down payment. The DriveTime reservation program allows you to hold the car of your choice for up to seven days, but you cannot drive the vehicle off the lot until the down payment is fully paid. Reservation payments are also 100% refundable.
Does DriveTime cut your car off?
We do! The DriveTime Vehicle Reservation Program allows you to hold the car of your choice for up to 7 days, but you cannot drive the vehicle off the lot until the down payment is fully paid. You can start your approval now to get started, then head to your local dealership to choose your car!
What is a typical down payment at DriveTime?
Although the average down payment is 11%, the recommended down payment amount is 20%.
Is CarMax the same as DriveTime?
Large used-car retailers like CarMax and DriveTime function like independent dealerships, but they’re different for a number of reasons. DriveTime’s program is similar. Just keep in mind that CarMax and DriveTime sticker prices aren’t negotiable — part of the haggle-free experience they offer.
Are DriveTime cars reliable?
This AdvisoryHQ review found that yes, DriveTime is legit, with company headquarters based in Tempe, Arizona. DriveTime has been registered with the Better Business Bureau since 2012, and currently has an ‘A’ rating.
Does carmax finance bad credit?
Can I get approved if I have bad or damaged credit? We successfully provide options to customers with many different credit profiles because we work with some of the country’s leading financial institutions, which improves your chances of getting approved.
Is DriveTime a good idea?
If you have less than perfect credit and are in the market for a used car, thousands of satisfied customers say that DriveTime is worth a try. No matter what car you end up driving off the lot, bring it to a mechanic you trust to ensure that the vehicle you purchase fits your long-term expectations.