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.
Do DriveTime do monthly payments?
Yes, we are! DriveTime is unique in the way that we are the auto dealership and the bank, which allows us to be more flexible with down payments and monthly payments depending on your unique situation.
Does DriveTime require a down payment?
Unlike the majority of 'buy-here pay-here' dealerships, we don't have the same down payments for everyone. We customize our down payments per vehicle and per customer. Typically, higher priced vehicles require a higher down payment, which is pretty standard.
How do payments work at DriveTime?
All financing for a DriveTime purchase is done in-house, and they are open to accepting any credit score, including no credit at all. DriveTime down payments will vary based on the price of the vehicle and the customer's financial situation.
What is a typical down payment at DriveTime?
Plan to save 20% for a down payment. Although the average down payment is 11%, the recommended down payment amount is 20%.2014-02-21
How hard is it to get approved at DriveTime?
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.