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Drivetime

DriveTime

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Pros
  • Online application
  • Nationwide services
Cons
  • Lack of transparency
Summary

DriveTime Automotive Group Inc., founded in 2002 and headquartered in Tempe, Arizona, is a prominent player in the used car retail and financing industry. Initially known as Ugly Duckling, the company rebranded to DriveTime to better reflect their focus on providing accessible vehicle options for customers with subprime credit. With over 145 dealerships across the United States, DriveTime has sold more than 1.5 million vehicles, emphasizing a no-haggle pricing model and a robust online financing process that allows customers to secure terms tailored to their credit profiles. Unique features include a 5-Day Return Guarantee and a 30-Day/1,500 Mile Limited Warranty, enhancing customer confidence in their purchases. DriveTime's commitment to customer service is evident through their extensive inventory of over 10,000 vehicles and dedicated sales advisors who guide buyers through the financing process. Customer feedback highlights DriveTime's innovative approach and supportive environment, positioning it as a leader in helping those with financial challenges find reliable transportation. The company also boasts industry credentials through their subsidiaries like Bridgecrest, which provides auto loan servicing and ancillary products, further solidifying their presence in the automotive finance sector.

Quick Stats
  • Loan Terms : Undisclosed
  • Minimum Accepted Credit Score : Undisclosed
  • APR : Undisclosed
  • BBB Rating : A+
Selling Points
  • Warranty
Multiple Financing Options
  • Undisclosed
    Lease Buyout
  • Undisclosed
    Loan Refinancing
  • New Vehicle
  • Private Party
  • Used Vehicle
Additional Services
  • Extended Warranty
  • GAP Insurance
  • Limited Warranty
  • Undisclosed
    Mobile Application
  • Online Account Management
  • Return Policy
Eligibility Requirements
  • Hard Credit Check
  • Income
  • Undisclosed
    Minimum Credit Score
  • Pre-qualification With Soft Check
Fees & Costs
  • Undisclosed
    Documentation/Processing Fee
  • Undisclosed
    Late Payment Fees
  • Undisclosed
    Origination Fee
  • Undisclosed
    Prepayment Penalties
  • Undisclosed
    Title Transfer Fee
  • Undisclosed
    Upfront or Application Fees
Payment Options
  • Undisclosed
    Automatic Payments
  • Cash
  • Check
  • Debit or Credit Cards
  • In-Person Payments
  • Undisclosed
    Mail-In Payments
  • Undisclosed
    Online Payments
  • Undisclosed
    Phone Payments
Customer Support
  • Undisclosed
    Articles and Videos
  • Email
  • FAQs
  • Help Guides
  • Live Chat
  • Phone
FAQs
Will DriveTime deliver the car to my home?
Are auto history reports available to view before purchase with Drivetime?
What do I need to bring to DriveTime to purchase a vehicle?
Does DriveTime offer car rentals?
How can I get approved for an auto loan with DriveTime?
Where are DriveTime's dealerships located?