Does DriveTime run your credit?

Does DriveTime do credit checks? Yes, we will run a credit check. But don’t worry! Your credit report and score isn’t the only factor we take into consideration when building your customized approval.

Does DriveTime run your credit?

Does DriveTime do credit checks? Yes, we will run a credit check. But don’t worry! Your credit report and score isn’t the only factor we take into consideration when building your customized approval.

Can you negotiate with DriveTime?

Do you negotiate price? DriveTime prides itself on being open and straightforward with our customers. By offering a no-haggle price on our vehicles, we ensure that all our customers pay the same and receive the same, great value. You can browse our inventory and vehicle prices on DriveTime.com.

Who owns DriveTime?

Ernest Garcia II

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.

Can you get a car loan with a 500 credit score?

According to credit reporting agency Experian, more than 21% of auto loans in the fourth quarter of 2018 were extended to borrowers with subprime (501-600) or deep subprime (500 or below) credit scores. So, the answer is yes, you can buy a car with that credit score.

Is DriveTime online approval legit?

Can you trust DriveTime automotive dealerships? 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.

What is DriveTime interest rate?

All in all, DriveTime offers as low as 7.9% interest rate for approved applications, which may also vary from person to person.

Can I buy a car with 500 down?

While it’s possible to get a new car with a $500 down payment, many opt to purchase pre-owned vehicles because of the many benefits including: A lower interest rate. A lower amount financed. A lower monthly payment.

Are DriveTime and Carvana the same?

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.

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. 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 better than Carmax?

Results were generated by 258 employees and customers of CarMax and 217 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.