¿You’re in the market for a used car and considering DriveTime as an option? In this review, we provide you with a complete and honest view of DriveTimeone of the largest networks of used car dealerships and auto financing companies in the United States.
DriveTime, headquartered in Tempe, Arizona, has more than 160 dealerships in 30 U.S. states and has sold more than 1 million vehicles. They excel at offering financing to customers with all types of credit scores, even no credit history, making them an attractive option for those who have had credit problems in the past.
How DriveTime Works
DriveTime salespeople are salaried employees, focused on providing customers with useful information rather than making sales. Their website offers resources on credit scores, auto financing, and personal savings goals. Can search their website either check your inventory onlinewhich includes details like mileage, features, safety ratings, and Kelly Blue Book pricing.
DriveTime offers fast online financing approval, custom down payments, 45-day vehicle retention, delivery to the nearest dealer, a multi-point inspection process, a 30-day no-cost warranty, and a no-cost return policy. five days. Additionally, they provide a free vehicle history report.
How the DriveTime website works
The DriveTime website is a useful tool for searching for cars, finding a dealership, and valuing your car.
To search for cars, you can use the search filters to specify the car type, price, make, and model. You can also see the most popular cars or the cars with the best ratings.
To find a dealership, you can use the interactive map or the zip code search feature.
To value your car, you can enter your car information in the valuation form. DriveTime will provide you with an estimate of your car’s value in minutes.
How to search for cars
To search by cars on the DriveTime website, follow these steps:
- Go to the DriveTime website.
- Click on the “Cars” tab.
- Use the search filters to specify car type, price, make and model.
- Click the “Search” button.
The search results will be displayed in a list. You can scroll through the list or use the search filters to refine the results.
How to find a dealership
To find a dealership on the DriveTime website, follow these steps:
- Go to the DriveTime website.
- Click on the “Dealerships” tab.
- Use the interactive map or zip code search feature to find a dealership near you.
The search results will be displayed in a list. You can scroll through the list or use the search filters to refine the results.
How to value your car
To value your car on the DriveTime website, follow these steps:
- Go to the DriveTime website.
- Click on the “Valuation” tab.
- Enter your car information in the valuation form.
- Click the “Rate” button.
DriveTime will provide you with an estimate of your car’s value in minutes.
Tips for buying a car at DriveTime
- Compare prices before buying a car. DriveTime offers a variety of financing and insurance options, so shop around with other companies to find the best deal.
- Read the fine print before signing any document. Make sure you understand the terms of the loan and insurance before you commit.
- Don’t be afraid to negotiate. DriveTime is willing to negotiate the price of the car, so don’t be afraid to haggle to get a better price.
User Opinions and Ratings
According to Trustpilot, DriveTime has an average rating of 4.3 out of 5 stars. However, there are negative reviews that mention problems with car quality, repairs, and misleading quotes. With the Better Business Bureau (BBB), DriveTime has an A rating, but complaints have also been filed, many regarding problems with products or services.
Important considerations
- Interest rates: DriveTime tends to have higher than average interest rates, especially for subprime borrowers, reaching rates as high as the maximum allowed by the state.
- Limited Warranty: DriveTime’s limited warranty only lasts up to 30 days or 1,500 miles.
- GPS devices: DriveTime cars come equipped with GPS devices that can be used in certain circumstances.
- Price negotiation: DriveTime’s pricing model is no-haggle, which may limit negotiating ability.
- Initial payment: Most customers will need to make a down payment.
- Extended Warranty Cost: The extended warranty can be expensive and its coverage is limited.
- High Mileage: Many DriveTime vehicles have high mileage, which can mean higher maintenance costs.
- Customer’s complaints: There are numerous complaints about mechanical problems and challenges when using the warranty.
- Limited Test Drive: DriveTime does not allow extended test drives or in-depth inspections by outside mechanics.
DriveTime is a legitimate option for used car buyers with less than perfect credit. They offer a wide range of vehicles and affordable financing options. However, it is crucial to consider things like interest rates, limited warranty, and vehicle quality. We recommend having any vehicle inspected by a mechanic before purchasing and carefully considering the opinions and experiences of other customers.