Top 10 Hottest Car Shopping Apps

Are you a mobile shopper? If so, you’re not alone.

The mobile app industry continues to grow at an astonishing rate and is expected to rival online retailers by early 2015. Shopping through mobile apps is convenient and reduces the stress of comparing prices and features, especially when you’re in the market for a new car. With so many apps available, it can be difficult to determine which ones are worthwhile and which ones to avoid. Consider the following apps as you make your car purchasing decision. Continue reading…

7 Worst Auto Financing Mistakes, Ever

Purchasing a car should be one of the most exciting milestones of your life, but one financial misstep could turn it into a nightmare. Unfortunately, good intentions can easily become devastating financial mistakes. By familiarizing yourself with the process of auto financing, you’ll avoid intimidation and ensure that you find the greatest deal possible.

Here are the seven worst financing mistakes you can make when it comes to buying a car. Continue reading…

Congratulations to Carrie K. of Denver!

DriveTime would like to congratulate our first winner of the Lease is How We Do It Sweepstakes, Carrie K. from Denver, Colorado who took home a check for $1,900 and chose a Chevrolet Uplander!

Haven’t heard about our sweepstakes? We are giving away a free 1-year auto lease – you decide on the vehicle from any of our lease starter-class. We even cut you a check to pay for your taxes, fuel for your new ride, or anything you’ve been dreaming of recently. Continue reading…

test-drive-used-car

5 Tips for Test Driving a Used Car

Buying a used car is a big decision and should not be taken lightly.

Though most of your inspection should take place before the test drive, it’s during a test drive that you’ll find out what you need to know about a vehicle before moving forward with a purchase. Before taking off on your mini-road trip, grab a piece of paper and a pen to jot down any concerns you come across during your journey. Let’s take a look at some basic tips for completing a thorough test drive. Continue reading…

How GAP Can Reduce Your Financial Risk

Many people put themselves at great financial risk by not having adequate auto insurance coverage. Lenders now tend to require additional insurance to pay off any balances owed on car notes in case of accidents.

GAP stands for “Guaranteed Auto Protection,” which is important when leasing a car, especially since there is no major down payment compared to purchasing a car.

In the event of an accident, your insurance policy will only cover the current market value of the car, which means you’re responsible for the amount owed to the finance company. This can create a gap in coverage, burdening you with financial difficulty on top of the stress of the accident itself. Continue reading…