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8 Frequently Asked Questions About Buying a Used Car from DriveTime

Here are the top eight most commonly asked used car buying questions asked at our dealerships. We contacted five of our dealerships to help us out with composing the perfect answers. Shout out to North 45 in Houston, Bell Road in Phoenix, Decatur in Las Vegas, Beechmont in Cincinnati, and Havana in Denver – you guys rock!

Without further ado, here’s our FAQ:

1.      What will my down payment be? Am I able to take the car home today and make payments on the down payment?

If you have your down payment, are approved and have everything listed in Answer #3, congrats – there’s a great chance you’ll be driving home today!

DriveTime does not offer the opportunity to make payments on the down payment. However, we do offer a layaway payment program. This program allows you to reserve the car of your choice, but you can not drive the vehicle off the lot until the down payment is fully paid. The average down payment is about $998, but nearly every customer’s down payment is different. We have over 110 locations throughout the USA and are willing to work with you and your specific needs.

2.      Am I approved?

Yes, everyone is approved! The terms of our auto loan are tailored specifically to your unique financial situation. We utilize our own financial model that differs from a typical credit scoring system.  However, we do have special programs designed specifically for customers with a high FICO score, so DriveTime is not just for people with credit challenges.

3.      What do I need to bring with me to get into a vehicle?

To get into a vehicle you need to bring your:

  • Driver’s license
  • Proof of income (which is determined through a pay stub)
  • Proof of insurance
  • Proof of residence (which is usually a utility bill)

4.      How long does the process take? Can I drive it home today? Do I need to come in to finish the application?

Each customer needs to complete the full application at a local DriveTime dealership. This is so we can verify your proof of income, residency, and insurance. The overall process time varies between each customer, but typically takes between 45 minutes and two hours.

The DriveTime experience is unique because we put the process in your hands. We allow the customer to dictate how the sales process will unfold. We first ask if you would prefer to sit down and get approved for a loan or view our inventory to find a vehicle perfectly matched for you. From there, the entire process is entirely in your control.

5.      If I see a car online at one of your other locations, can you transfer it?

If you find a car online at an alternate location we can transfer it as long as it is nearby and in the same state. We truly want to make sure you get the car you want!

6.       Are your prices higher compared to other used car dealers?

We believe the cost of our vehicles are fairly priced compared to our competitors. We offer an industry-leading vehicle protection plan for up to 5 years/50,000 miles with extended powertrian coverage that covers the main components of your car to ensure it gives you years of worry-free driving. A complimentary 30-day warranty is also included on all cars.

7.      Why does the mileage seem high?

Mileage on our used cars can vary quite a bit, but we try to keep the mileage on our cars between 45,000 and 70,000 miles. We even have cars on our lots as low as 20,000 miles and some occasionally as low as 200! Although the mileage can sometimes be a little on the high end, you should keep in mind our warranty offer and our vigorous inspections of each and every vehicle. We like to have a healthy mix of vehicles on our lot so our customers have multiple options.

8.       Are you really able to help me if I have no credit?

Absolutely, at DriveTime we have the belief everyone deserves the chance to drive a great, used car. Don’t believe me? Take two minutes and see for yourself with our online approval.

Still have questions about buying a used car from DriveTime? Not a problem.

Call our customer service line at 1-888-781-5455, schedule a visit at one of our dealerships or continue to read our blog for more information.

Sara Davis
I'm DriveTime's resident blogger! I cover the latest DriveTime news, store openings and insights into the used car world.

  165 Comments

  1. Marsha   •  

    I have 3 questions… First for the proof of income my pay stubs are online do I need to print them out? Second for the proof of residence I live with my mom take care of her and the bills are in my dads name but it’s on all my mail and license is that okay? Last but not least I just renewed my license would the paper one be acceptable? Thanks for your time

    • DriveTime   •  

      Hey Marsha, great questions! I’m not 100% certain about your license question, so please give your local dealership a call and they would be able to let you know for certain. Or, you can e-mail us at approvals@drivetime.com and one of our customer service reps can find out for sure.

  2. Robert   •  

    Hey you there drive time I was just wondering if I could get a vehicle I have no credit I do have an income I’ve been to several car dealerships that say credit is no problem but at the end of the day I did not get approved I would love to get a vehicle I need one very bad I’m on disability and I need one to go to see doctors and get groceries and all above so if you could get back with me I would really appreciate it

    • DriveTime   •  

      Hey Robert,

      When we say you are approved, we mean it! We approve everyone as long as you have verifiable income, residence and a valid driver’s license. Have you started our online approval? You’ll know what amount you are approved for within 2 minutes and can even start shopping online. You can click here to get started.

  3. Mark anthony   •  

    Can I still lease a vehical if I dont have a valid license

    • DriveTime   •  

      Mark, unfortunately you can’t. The basics are a down payment, proof of income, valid driver’s license, proof of residence, full insurance for a purchase and liability-only insurance for a lease. The requirements for getting the vehicle registered can vary from state to state. Time for a trip to the MVD?

  4. Mark anthony   •  

    Would I be able to add a cosigner and include my income

    • DriveTime   •  

      Hey Mark,

      Yes, you can always add a co-signer to your loan or lease as long as they have the required documentation.

      Good luck on your vehicle hunt!

  5. necia   •  

    I have an appointment tomorrow and I talked with a representative about me not having my license and she told me my state id was fine..how true is this?

    • DriveTime   •  

      Necia,

      The only ID we accept is a Matricula (Mexican Consulate) ID card. This is acceptable without a driver’s license for leasing only and only in Texas, Arizona and California.

      IDs are acceptable for cobuyers with a licensed driver as the buyer on all our other leases and sales.

  6. april   •  

    what are the down payment? i have three hundred dollars!

    • DriveTime   •  

      Hi April,

      Down payment will be dependent upon your own approval and which vehicle you would like to purchase or lease. Have you started your online approval yet?

  7. Janelle   •  

    Can I purchase or lease a car from one of your dealerships if I live out of state. I live in Illinois and the closest dealer is in Indiana

    • DriveTime   •  

      Janelle, you sure can! First, start your approval online, then contact the dealership you want to visit to find out exactly what documenation they will need from you. It may be different since you’re an out-of-towner.

  8. Kandice   •  

    if I had a previous repossession from Drivetime (long story), would I be able to finance another vehicle there?

    • DriveTime   •  

      Kandice, we review every person’s case individually, but in most cases, yes, you can. Simply give us a call at 1-888-781-5455 so we can review your past account and provide an answer over the phone.

  9. Bird   •  

    Hey drive time I have a question if I don’t have no income but I have my driving L. Can I use my boyfriend income because he’s name going to be on the car long as he have his stuff would that be ok for me to do?

  10. Myranda   •  

    Do I have to have held my job for a certain amount of time? And do I have to have insurance before I drive off in the car? Can they tell me how much my down payment will be over the phone?

  11. Katie   •  

    I was wondering if we could finance 2 vehicles at the same time. We currently had a loan with you and paid it off and my husband just got a new loan with you but i need a new car and really would like to stick with Drive Time

    • DriveTime   •  

      Hi Katie, it certainly is a possibility! I would recommend giving us a call at 1-888-781-5455 so we can review your account and let you know what the next steps would be. Thanks for your continued business and we hope to see you back soon!

      • Allan   •  

        Hello Drivetime, I have brought a car from Drivetime two years ago, I was wondering can I trade-in that one, and get a new one

        • DriveTime   •  

          Hey Allan, depending on your account history and amount owed on the vehicle it’s possible we can take the vehicle in on trade. Please give your local dealership a call, let them know what you’d like to do and they’ll give you the next steps – it’s actually a really simple process. Thanks for thinking of us again!

  12. Shaun   •  

    Do I have to have held my job for a certain amount of time? And do I have to have insurance before I drive off in the car? Can they tell me how much my down payment will be over the phone?
    Reply

    • DriveTime   •  

      Hey Shaun, all great questions! Insurance and verifiable employment are requirements and down payments will vary depending on your approval and vehicle you’d like to take home. I’d recommend giving one of our customer service representatives a call at 1-888-781-5455 who can answer these questions for you and any others you may have.

  13. ray   •  

    My girlfriend was looking at a 2005 chevy trailblazer and now i see only drivetime that has a trailblazer is out of state. do you transfer a vehicle or try finding one around my state if a customer wants a certain vehicle? She wants a suv like a trailblazer and had her heart and soul set on one she saw at dealership here in town but by time her payday came it was gone.

    • DriveTime   •  

      Ray,

      Sorry to hear your girlfriend missed out on her Trailblazer! Luckily, you have a couple options. If you find another Trailblazer within your state at another dealership, we can transfer it. Just get in touch with your local dealership. the other option is if you find another Trailblazer and aren’t ready to purchase, you can put it on layaway and we will hold the vehicle for you until you’re ready. We add new vehicles to our website every day, so keep checking back!

  14. Jasper Stevens   •  

    Can someone who doesn’t live in a state with drive time dealership come and purchase a vehicle from a state with a drive time dealership?

    • DriveTime   •  

      Hey Jasper, typically this is not a problem if you are looking to purchase a vehicle from us. However, we can’t lease vehicles to out of state customers. As all registration and title requirements vary by state, I’d recommend contacting the dealership you’d like to visit to get the details.

  15. will   •  

    If I was approved for more than what the car is do I still have to make a down payment

    • DriveTime   •  

      Hey Will, we required down payments on every vehicle sale or lease. You will be able to find out your down payment amount once you choose your vehicle and stop into a dealership.

  16. natasha williams   •  

    Do you have to make a certain amount monthly to be approved?

  17. Diana   •  

    I have an appointment to see some cars, since I got approved online.. My question is, I have a driver license but it just expired 3 weeks ago.. I am going to the dmv to re new it but not till my next day off witch is next week.. Would this be a problem to purchase a vehile since I have an appointment this Saturday..
    Thanks

  18. Bri   •  

    I only have a learners permit but a decent job and money for a down payment, what are my options my driving test for my license isnt until next month. Im in the state of ga

    • DriveTime   •  

      Hey Bri, congrats on getting your learners permit! Purchasing a car requires someone 18 years of age or older to sign the contracts, so unfortunately, if you are not yet 18 you can’t purchase a vehicle. Some states will allow you to be a co-buyer, so I would recommend checking with your local dealership.

  19. Megan   •  

    How much would a down payment be??

  20. Mark   •  

    Hello, I need a vehicle and I am Handicap and on disability. How much income does a person have to have to be able to Lease or buy are car? at this time I cant speak loud enough to call and ask

    • DriveTime   •  

      Hey Mark, anyone can lease a car for $895 down and it varies if you are looking to purchase. You can e-mail our approvals department at approvals@drivetime.com to get some additional info, or go to our website and use the chat feature in the bottom right of the screen.

  21. Lori   •  

    I was approved for a loan with drivetime and would like to know if my trade in would count as my down payment.

    Thank you!

    • DriveTime   •  

      Hey Lori, it would certainly count towards your down payment. Give us a call at 888-781-5455 or visit your local dealership to have an appraisal on your vehicle completed.

  22. Katherine   •  

    Hi I had a question I just got approved ,but my only problem is I am self-employed but my boss deposits my checks to my account when I go to the dealership am I able too take my bank statements too show you guys I do have a income?

    • DriveTime   •  

      Hi Katherine, I’d recommend giving our online approvals department a call at 888-781-5455 and let them know exactly what proof of income you do have to see if we can accept that, or what we would need in order to get you approved.

  23. Julia   •  

    Hi,

    I was told that even without a drivers license, I can still purchase/finance a car if my cosigner has a valid license. How true is this? (Georgia)

    • DriveTime   •  

      Hey Julia, that sounds about right, but do give your local dealership a call to verify – they are the experts on what your state’s requirements are!

  24. Stephanie   •  

    My fiancé is self employed, but he has 2 years of tax returns. And I recently started a new job, how many check stubs would I need? And he has a license but I don’t could I be a co signer for him? And how are the payments calculated, if we make more money will the payments be higher? And I noticed in fine print it says that 200 will be due biweekly is that the same for every income and every car or could the payments be less based on qualifications? Sorry I know I have a lot of questions.

    • DriveTime   •  

      Hey Stephanie, those are all great questions! It sounds like your income qualification is ok, for both you and your fiance (congrats on the engagement!). The payments are based on your individual approval, down payment and the vehicle you want to purchase. The disclaimer at the bottom you are referring to is only for lease vehicles and not purchases. The only want to truly answer 100% of your questions is to first to get approved online, then stop into a dealership to find your perfect vehicle and calculate the payments.

  25. Rhyan   •  

    Is there a minimum income requirement to purchase a vehicle?

  26. Mae   •  

    I have a question. If I am paying a monthly payment for my car through you all and I lose my job and cannot afford the vehicle, what do I need to do and what would the consequences be?

    • DriveTime   •  

      Mae, get in touch with our customer service relations team as soon as you can so they can review your account and let you know what your options are. They can be reached at 1-888-290-0148.

  27. stephen   •  

    Hey Drive Time, can I use my current vehicle as a down payment to either purchase or lease a vehicle?

  28. daniela   •  

    If you get approved online is it guaranteed that you will get vehicle even if I have poor credit?

  29. Tyrecia   •  

    How do I go about getting insurance if I don’t know what car im getting yet ?

  30. Shay   •  

    Hey DT, I was very interested in the 2012 Chrysler 200 in my city…& I read about the $895 down payment , but later read that the $895 only applies to starter cars, I’m in need of a car ASAP & don’t have much to put down. How will I know which car is a starter car for the $895 down payment or it doesn’t matter? And also since I’ll be leasing a vehicle, do I need full coverage or just the state required insurance? Thanks a TON!!!

    • DriveTime   •  

      Hey Shay, thanks for checking out DriveTime! The best way to find out exactly what you will need for a down payment and insurance requirements is to call or stop into your local dealership. They will be the most helpful in getting into your Chrysler 200 as soon as possible!

  31. J   •  

    Hi drivetime! I filled out an online application and was approved up to a certain amount. My concern is, will that amount change once I visit a drivetime location and they run my credit? My score is low but my income is high, and I have pay stubs to show it. My nearest dealership is 3 hours away, I just don’t want to drive that far to be disappointed when I don’t qualify for the amount I need for my vehicle of interest. Thanks!

    • DriveTime   •  

      Hey J, the down payment amount will change depending on what vehicle you want to purchase. I’d recommend giving the dealership a call that you want to purchase from and see what can be completed before you make the 3-hour trip, I wouldn’t want any surprises either! You can search and get in touch with your closest dealership by clicking here.

  32. Jeff   •  

    Hey, I purchased a vehicle through y’all about a year ago. I was wondering if it is possible to gert another one. I purchased a suv and I’m currently needed a truck. I thought I could make it work but I miss having one now. I enjoyed using y’all…

    • DriveTime   •  

      Hey Jeff, thanks for thinking of us again, we love our repeat customers! It is certainly possible to get another vehicle from us, as long as you meet our income requirements. You can start by either getting approved online or getting in touch with your local dealership, who can better explain your options based on your account history. Hopefully we have the truck you want in stock!

      • Jeff   •  

        Thanks for the response. Also will I have to pay another deposit to get another vehicle or does the suv I’m trading count towards it. I’ve always made my full payments on time.

  33. candy   •  

    If I’m allowed 1700 and I see a car for 1500 will I need a down payment?

  34. cassandra   •  

    Hi if I have been leasing a car with drivetime in vegas for a year now and I wanted to move to seattle in 5 months would I be able to take the car with and transfer or continue the lease??

  35. Laura   •  

    If I’m already pre approved can I co-sign for my sister? Do you guys only lease the vehicles or can we purchase them?

    • DriveTime   •  

      Hi Laura, you are able to co-sign for your sister as long as you meet the minimum income requirements, so you’ll have to check with your local dealership. The majority of our vehicles are for sale and each dealership a selection of vehicles that are available to lease.

  36. Brian   •  

    Hi, i recently filled out the online approval and was approved for $17,000. I was wondering how much i would have to put down on a vehicle in that price range and if trading in my current vehicle is also an option. I have little cash and my fiance and i desperately need a new more reliable vehicle.

  37. Kayla   •  

    Hi Drivetime. What usually happens when a server/waitress has proof of income ,and makes really good money? Normally nothing can be done for us.

    • DriveTime   •  

      Hi Kayla! Your bank statements can sometimes be used as additional proof of income. Check with your local dealership since the laws vary by state.

  38. Dinah   •  

    I was approved with a $1000 down payment..If I get a co signer am I still required to make the down payment??

    • DriveTime   •  

      Hi Dinah, while a co-signer can certainly help reduce the amount of your down payment, we will still require one.

  39. mekia   •  

    Who do I talk to find out how much my down payment would be ?

    • DriveTime   •  

      Hi Mekia, after you get approved online you can stop into your local dealership and pick out the vehicle you want. Once you are approved and know which vehicle you want to take home, you will know exactly what down payment you will need!

  40. meka   •  

    Hello drive time. I spoke to a DT rep in Georgia and he informed me that down payment can be from 0-1000 dollars how true is that?

    • DriveTime   •  

      Down payments are dependent on your approval and the vehicle you choose, so the range can vary. Many of our customers put down around $1,000 to help lower their bi-weekly or monthly payment.

  41. Lisa   •  

    Hey I am a first time buyer I have no credit And I have been at my job for three days am I able to still get a car like today or is there another way to prove my income

    • DriveTime   •  

      Hey Lisa, there are times that we can accept an offer letter or other form of employment verification in lieu of actual paystubs. Feel free to first get approved online then head into your local dealership, who will be able to tell you exactly when you will be able to get a car!

  42. Tamber   •  

    I was wondering will I need a cosigner

    • DriveTime   •  

      Hi Tamber,

      At DriveTime, everyone is approved! However, some of our customers add a co-signer to split ownership with another person or to receive better terms for their loan. Have you been approved online yet?

      • Tamber   •  

        Yes for 17000 I’m going to a dealership tomorrow I just don’t want to get there and they tell me I need a cosigner

  43. kynesha   •  

    Hi drivetime I was wondering because i have little to no credit would I need a cosigner on a 2008 car

  44. Corey sanders   •  

    So you have to put down a down payment in order to drive off the lot I have everything else

    • DriveTime   •  

      Hi Corey, yes, a down payment is typically required for all purchases and leases.

  45. Carl   •  

    Hi if I cosigned for a car at drive time and I now want to take my name off the lease, would there be any punishment for the actual owner?

    • DriveTime   •  

      Hi Carl, please give our customer service department a call at 1-888-781-5455 for more information on how you can remove yourself as a co-signer.

  46. Chinique   •  

    Hi guys from drive time,I have a couple of questions.I work through a temporary service is that a problem for me to get a vehicle? If I was approved for up to 17,000 how much of a down payment will I need ,if the car im wanting is 12,000? And I only have 500 for a down payment will that work?

    • DriveTime   •  

      Hi Chinique, since this is a unique situation I would recommend heading into your local DriveTime dealership, explain your current job situation and depending on your approval and the details you provide we can make exceptions or offer alternative solutions.

  47. Jessica   •  

    Hi I have my permit and my driver’s test is next month I heard if you don’t have a valid DL But your cosigner does I can still purchase/lease a car but what of my cosigner license is an out of state license will I still be able to purchase/lease a car?..

    • DriveTime   •  

      Jessica, a co-signer is able to purchase or lease a vehicle with an out of state driver’s license. Please contact your local dealership for any specific documentation they may need in order to approve the loan. At this time, we can’t lease vehicles to customers without an in-state license.

  48. Dominic   •  

    So I see here that you need to have proof of insurance. How am I supposed to get insurance when I don’t have a car. Which would be why I’m going to Drivetime to purchase a car. Maybe it’s a silly question.

    • DriveTime   •  

      Hey Dominic, no, it’s a good question! You can get proof of insurance once you purchase your vehicle and DriveTime can even help you out with that.

  49. Noble   •  

    Hi drive time, i recently started a new job. i was wondering if i didnt have enough for a down payment would the drive time bank loan it to me.

    • DriveTime   •  

      hi Noble, while we can’t loan customers money for a down payment, we do offer a layaway program! Visit your local dealership, choose the car you want and a payment schedule that works for you and we will hold the vehicle for you until you built up enough for your down payment!

  50. Tawny   •  

    Do I need to put a down payment on a car? I was already approved but not wanting to put a down payment on it is that possible?

    • DriveTime   •  

      Hi Tawny, down payments are usually required but it depends on your approval and the vehicle you want to purchase. Talk with your local dealership and they will be able to let you know exactly what your down payment will be and if you need one.

  51. CJ   •  

    I’m trying to continue my education in the fall but I owe my school. School is very important to me but I also would like to get a car that’s affordable and a car I can drive back to school. Is their any hope in getting a car?

    • DriveTime   •  

      Hey CJ, of course! We help thousands of students each year own or lease reliable transportation to get them to and from school. Have you taken 2 minutes to start your approval online?

  52. Jacoryan   •  

    I had got a approval amount is that accurate or no. Also can I have low monthly payments as of 200-400

  53. Kati   •  

    Im a co signer on my mothers car, everywhere i have gone i have been told that i would need a co signer because i co signed for her, does this apply at drive time as well?

    • DriveTime   •  

      Hi Kati, being a co-signer previously doesn’t necessarily mean you will need one. DriveTime is known for providing approvals for vehicles that people couldn’t get elsewhere, so there is a chance you can be approved on your own. Have you started our online approval to get started?

      • Kati   •  

        Yes i was approved online.

  54. Kia   •  

    I’m self employed I have my own daycare will I still be approved ?

    • DriveTime   •  

      Hi Kia, as long as you can provide proof of income from your business, you’re approved!

  55. Monica   •  

    I got a car from DriveTime 2 years ago. I lost my job late last year and fell behind on my payments. Then my car broke down and I couldn’t afford to fix and pay the note, so I called DriveTime and did a voluntary repo about a month ago. Is it possible to get another car from DriveTime now that I’m more stable?

    • DriveTime   •  

      Hi Monica, absolutely! We often allow customers to purchase or lease from DriveTime after a repossession or bankruptcy. I recommend you talk with your local dealership and see what vehicles you are approved for, or if our new Cancel Anytime Lease allows more flexibility for you!

  56. Brittany   •  

    I am looking to purchase a vehicle, not lease. & I filled out the online thing and it said I was approved for 31000/ but just this week, I was denied for a 10,000 dollar vehicle at another dealer. Is this a guarantee approval, my credit score is only 449

    • DriveTime   •  

      Hi Brittany, at DriveTime, everyone is approved! To receive your final approval amount and terms, please visit your local dealership. They’ll be able to tell you the specifics of your approval, down payment, monthly payment, APR, etc. after you find the vehicle you want!

  57. latiffany   •  

    I am currently leasing a vehicle from drivetime. I wanted to know it was possible to transfer the vehicle in my sisters name. She would like the vechile now plus she makes some of the payments to just want to know of its possible

    • DriveTime   •  

      Hi latiffany, since the lease still requires a contract to be signed, it is possible for your sister to get the vehicle, but it would require her to lease the vehicle directly from us. Please contact your DriveTime dealership for more info and we’ll be happy to help!

  58. Jonathan   •  

    Hey I am looking at a couple trucks on here and there all more than what I was aproved for would there be any way I could still get one of them? Like have a bigger down payment or something? And if I see a car online that is at a different location can it be transferred from anywhere within the state?

    • DriveTime   •  

      Hey Jonathan, it’s certainly possible to still get the truck you want by putting down a larger down payment or by utilizing a co-signer. We can also transfer any vehicle from another dealership within the state, just let us know what and where it is! I recommend heading into your local dealership to see about being able to get the truck you have your eye set on, they’d be happy to help!

  59. Leaundra   •  

    I bought a car about a year and a half ago. It’s given me a few problems. I want to trade it again for another vehicle at drivetime. How would that affect me payments?

    • DriveTime   •  

      Leaundra, sorry to hear you’ve had a couple problems with your vehicle! Hopefully we were able to get them fixed for you. Depending on how long ago you purchased your vehicle, you may be eligible for our CHAMP program which allows you trade-in your current vehicle and get a new one for little or no money down and at a lower interest rate! You can call our customer service line at 1-888-781-5455 for more info or stop into your local dealership.

  60. Thomas   •  

    Hey! I was approved for up to $17,800 on the online approval. I’ve been looking at a car that y’all have on the lot for $13,000. Would I be more likely to get a smaller down payment option because of this? Or a better interest rate or something?

    • DriveTime   •  

      Thomas, it’s certainly possible! Have you visited your local dealership yet to get your final approval and to choose your vehicle? They’ll be able to let you know exactly what your down payment and interest rate are.

  61. Jonathan   •  

    How do I show proof of residency if I live with my parents?

  62. Tonya   •  

    Got approved, have all the documentation I need, but as far as down payment I don’t have cash, but DO have a car to trade in? Will this work??

    • DriveTime   •  

      Hi Tonya, we do take trades! The value of the trade can certainly be applied as your down payment. Your local dealership can provide you with the trade-in value of your vehicle, so please stop in or call them at any time.

  63. Joey   •  

    How much are the payments average a month? Or how do u pay it off

    • DriveTime   •  

      Hi Joey, the payments on vehicles vary depending on your personal approval, the vehicle you choose and your down payment. We offer many different options to make your car payments, from AutoPay, pay by text message, pay in person at any Walmart, Kmart or CheckFreePay, online, by phone or by mail and MoneyGram.

  64. Jonathan   •  

    Hey would y’all transfer a car just to be test driven or do I have to by the car for it to be transferred?

  65. Lori   •  

    can you tell me how long you finance your vehicles for?

    • DriveTime   •  

      Hi Lori, great question! The term on our auto loans vary, but most customers decide to finance their vehicles for 60 months. It can be shorter on longer depending on your approval and desired monthly payment.

  66. Wilson   •  

    Hello DriveTime, I was just approved for $16000 and I recently got my permit. I am older than 18 and my driving exam isn’t for another 3 weeks. I need a car ASAP and I have the enough for a $1100 down payment. My question is, can my brother, who has a valid drivers license, take the car out of the lot for me even though he isn’t a co-signer?

  67. Eddie   •  

    Hello, your website says I’ve been approved up to a certain amount. I’ve had a repo about 6 months ago and would like to know if that would pose a problem. Also would like to know what would be the highest down payment woult you guys require for a vehicle saying about 18000.

  68. dewayne   •  

    hi drivetime,
    So I have plenty for a down payment and can provide everything needed but how long do i need to have been on my job? I transferred jobs 4 months ago.

  69. Jonathan   •  

    Hey I was wondering I’m 18 I have no credit what so ever would I need to have a cosigner?

  70. Jared   •  

    Hi drivetime,
    I am currently leasing a vehicle with you guys, since it is a leased vehicle do I need have full coverage insurance or can I get liability insurance, I live in Texas

  71. wes   •  

    How much would it cost to have one vehicle transferred to another dealer in the same state?

    • DriveTime   •  

      Zilch, nada, cero…we transfer vehicles for free!

  72. Jared   •  

    What kind of insurance do you need for a leased vehicle

  73. Elizabeth   •  

    What is the lowest interest rate your company offers?

    • DriveTime   •  

      Hi Elizabeth, our lowest offered interest rate varies, however, at this time it is 5.9%, on approved credit.

  74. Jared   •  

    Way to ignore my post twice drivetime

  75. Elizabeth   •  

    Well I have been a loyal customer for 7 years tried to buy my 3rd vehicle and my current rate is 12.9 and they were trying to make me pay for my warranty and give me 15.9 interest and only $1,600 for my trade. They had the same vehicle there for sale for $14985. Can you tell me why the Ocala store was trying to screw me like that? Especially when I got $5000 for my last trade. These are the same vehicles I bought twice just newer years. Great customer service.

  76. Elizabeth   •  

    I am assuming there is no reason for this inadequate customer service is the reason I have not gotten a response. It is ok, I bought a brand new vehicle for a 2.9 interest rate with the same monthly payment that I had with your dealership. Good luck to the rest of the people that get suckered into your company.

  77. Amanda   •  

    Hi drive time I was wondering if you have a layaway and you have 700 left can you pay it off with a check and drive same day home?

  78. Brittany   •  

    Hello I wanted to know if I have a license but don’t have auto insurance yet until I the vehicle is it okay if I set up insurance right then and there and if my income is only 400 a month and varies because of hours will my payments be affordable and does title and tags included in down payment ?

    • DriveTime   •     Author

      Hi Brittany, you don’t have to have auto insurance until you purchase or lease a vehicle, so the same day is ok. However, you will likely need a co-signer and/or additional income in order to afford a vehicle. The titling fee, tags, registration and documentation fees are not typically included in the down payment.

  79. Mona   •  

    This is going to be a really wierd question but I go a car from you guys 3 years ago and was laid off my job so I could not make the payments and my car was repossessed. Could I ever finance with you guys again in the future?

    • DriveTime   •     Author

      Mona, Thanks for thinking of us again! Certainly, we love to give our prior customers another chance at vehicle ownership. Feel free to stop into your local dealership or start your approval process online.

  80. Deanna   •  

    Hey ,
    if I have a co-signer on my application , will this show up on their credit ?

    • DriveTime   •     Author

      Hi Deanna, yes, co-signers are financially responsible for the loan, so it will be reported on their own credit reports.

  81. Daniel   •  

    Hi Drive time , I was just pre-approved for a loan what do I do now??

  82. mike   •  

    Im a cosigner for and individual. But the individual didn’t have income to get a car. So they used mine. Ad a cosigner they shouldn’t use my income they should use the person actually purchasing the car correct.

    • DriveTime   •     Author

      Hey Mike,

      As a co-signer, a bank will use your credit history and income for the approval. If you co-signed for a DriveTime customer’s loan, feel free to give us a call at 1-888-781-5455 with any additional questions.

  83. Karen   •  

    Hi Drive time. I need to help my son get a car to find a job. My question is I am currently paying for my own car. Is it possible for me to get approved for another car loan if I have an open one.

  84. Chazzidy   •  

    What would happen if I’m leasing a car and move to a new state with out having a job . Could we negotiate a payment plan that would let me go 2 months without paying my note then pay it back when I get a new job?

  85. christine   •  

    Hi DriveTime, can I use my current car as a trade-in, but for the down payment?

    • DriveTime   •  

      Hi Christine – it would certainly count towards your down payment. Give us a call at 888-418-1212 or visit your local dealership to have an appraisal completed on your vehicle.

  86. Paola   •  

    I had a previous repossession with DriveTime back in 2006. Will I be able to finance a car with a co-buyer?

    • DriveTime   •  

      Hi Paola – yes, it is still possible to purchase or lease a vehicle from us if you have had a prior repossession, especially with a co-buyer. I recommend getting approved online then stopping into your local dealership to discuss your options with them!

  87. Lacresha   •  

    i got my car at drivetime its be a year and three months i have big family i somthing a little bigger . Can i trade it at another dealership if i owe on it….

    • DriveTime   •  

      Hi Lacresha – depending on your account history and amount owed on the vehicle, it’s possible we can take the vehicle in on trade. Please give your local dealership a call, let them know what you’d like to do and they’ll give you the next steps. Thanks for thinking of us again!

  88. Antonia   •  

    Since I don’t have car insurance, when I come there will they help me with that???? & will I have to pay the car insurance amount up front?

  89. calisa   •  

    If I’m approved for 1700 and I see another car I want but its 2600 can I still get it

    • DriveTime   •  

      Hi Calisa – it is possible with a cosigner or increasing your down payment. This is definitely something your local dealership can assist with in showing you your options!

  90. Danny   •  

    If I’m approved for 18,000 and the car is 14,500 do I need a down payment ?

    • DriveTime   •  

      Hi Danny – yes, you will still need a down payment. Visit your local dealership to discuss your options further! They’ll be able to tell you exactly how much is needed for your down payment, as well as your interest rate.

  91. Alysia   •  

    I have the lease to own program currently in Pensacola Fl, I have had this car 07 Chrysler Pacifica since 03/14 til current. I have had some minor issues in the last month with the car.
    The radio would cut in and out. Then weeks later the lights would flicker on dashboard and the headlights with radio cutting out. Then it would not do it at all for a while then would start back up a week later.
    Then it started shutting off when i come to a stop and starting right back up sometimes I would have to start it back up after putting in neutral or park. Then this week for the first time it cut all the way off no emergency lights nothing would work waited about 2 mins and played with the stick sliding it back to park 2 times and everything came back on. 1 day later left the store attempted to start the car wont start just makes clicking noise. All lights radio and everything comes on, tried to jump it nothing. I’ve spoke with customer service they told me to take it to a shop and then pay 100.00 for deductible and then the shop would call averex to see whats in warranty. I’m just really upset i’m not able to drive a car i’m paying for and cant be told in advance whats in warranty so i can see how much money i need to have save before repairs.
    Please help.

    • DriveTime   •  

      Hi Alysia – we’d like to look into this issue further. Please send us a message on our Facebook page with your account information and name on the account and we can look into this issue further.

  92. anthony   •  

    Hi drivetime do you guys include insurance or do i need it prior to the visit?

  93. Samantha   •  

    I have gone through the online application and I’ve been approve for any vehicle on the lot . Will I have to put a huge down payment considering the fact that I am approved for any and all vehicles on the lot ?

    • DriveTime   •  

      Hi Samantha! It will depend on the price of the vehicle. Contact your local dealership to discuss your options further! They’ll be able to tell you exactly how much is needed for your down payment, as well as your interest rate.

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