Can you trust DriveTime automotive dealerships? This AdvisoryHQ review found that yes, DriveTime is legit, with company headquarters based in Tempe, Arizona.
Are you really approved at DriveTime?
Yes! DriveTime now offers customized online approvals. It’s easy and only takes about two minutes. In most cases, you’ll receive an instant confirmation of your down payment amount so you can start car shopping right away.
Does DriveTime have hidden fees?
What additional or hidden fees does DriveTime charge? Fees such as documentation, tax and titling, for example, vary by dealership and by state, so please check with your Sales Advisor to see a breakdown of all charges on your vehicle. You will be able to review all fees prior to purchasing or leasing your vehicle.
Is the DriveTime down payment true?
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.
Is Carvana owned by DriveTime?
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.
Is DriveTime a bad 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.
Does DriveTime hurt your credit score?
When seeking approval for a loan or other financing option for a car, credit scores will almost certainly be checked. However, at DriveTime, we do not limit ourselves to just making our approval decision solely based on credit scores.
Is Carmax better than DriveTime?
Results were generated by 149 employees and customers of CarMax and 190 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.
| 41% | Promoters |
|---|---|
| 45% | Detractors |
What credit score is needed to buy a car from Carvana?
Oftentimes, these lenders prefer customers that have a credit score of 700 or higher, or at least in the mid 600s. Carvana does not have a minimum credit score requirement and considers many factors, in addition to traditional credit score, in determining credit offers.
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.
Is buying a car from DriveTime a good idea?
Who is DriveTime Automotive?
DriveTime Automotive Group Inc., based out of Phoenix, Arizona is one of the nation’s largest used car dealership networks focused on providing customers with a great used vehicle. DriveTime specializes in used vehicles for people with poor or no credit.
What is drivetime’s return policy?
5-day return policy: If you are dissatisfied with your vehicle for whatever reason, you can return it to DriveTime within 5 days. 45-day holds for vehicles: Having trouble scrounging up a down payment? A 45-day hold allows you time to gather up the money you need to make a down payment.
Is Drivetime a good place to buy used cars?
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 30-day warranty and 45-day vehicle hold make it a solid choice for your next vehicle purchase.
What is an drivedrivetime down payment?
DriveTime down payments will vary based on the price of the vehicle and the customer’s financial situation. The 45-day hold on vehicles allows customers time to gather their down payment before officially paying for the car.
