DriveTime operates a bit differently than a traditional "cash for cars" service like Kelley Blue Book or CarMax . Their business model is heavily focused on integrated financing for customers with diverse credit backgrounds.
: It is important to know that an online offer is often considered an "invitation to treat" (or negotiate) rather than a final binding contract. The price may be adjusted once you arrive at the dealership for a physical inspection. Why Sell or Trade to DriveTime?
: With a reported 99% approval rate for financing, many people use their old car to secure a newer one when other lenders have said no. does drivetime buy cars
: They provide AutoCheck vehicle history reports for the cars they sell, which helps you shop with more confidence if you are trading in. Things to Watch Out For
: While you can sell your car to them, most DriveTime transactions are structured as trade-ins. This means the value of your old car is applied directly to the purchase of a vehicle from their inventory. DriveTime operates a bit differently than a traditional
There are a few specific reasons why drivers choose DriveTime over private sales:
Does DriveTime Buy Cars? What You Need to Know Before Trading In The price may be adjusted once you arrive
: Selling privately involves listing, meeting strangers, and handling paperwork. DriveTime handles the title transfer and administrative work for you.