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Put Yourself in the Driver’s Seat® with the LeaseTime® Program

Previously, we offered two options for our LeaseTime® customers. Return Anytime Lease customers can return, upgrade, or exchange their cars at any time while earning rewards credits. Closed End Lease customers must keep their car for the full lease term but have options for lower down payments and monthly payments. Every lease comes with a limited warranty and the option to exchange, upgrade, or even purchase your vehicle. 

We’ve made some changes to our LeaseTime® Program! If you have a lease with DriveTime, please get in touch with us so we can talk with you about your options. Call us today at 888-418-1212. 

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Take Control of Your Financing with Rate Advantage® at DriveTime.

Are you in the market for a new vehicle but worried about being locked into a long-term financing plan? At DriveTime, we understand the importance of flexibility when financing a car. That’s why we offer Rate Advantage®, a program that allows you to adjust your financing terms within the first 60 days after your purchase. 

Much of our in-dealership experience at DriveTime is dedicated to educating our customers so they can make an informed buying decision. When visiting a DriveTime dealership, one of our Customer Experience Guides will show you all your financing options for the vehicle you want to help you find the financing that works best for you. 

We offer flexibility that allows you to drive home in the vehicle you want and maximize your savings over time. With Rate Advantage®, you can make an additional payment separate from your regularly scheduled payment within 60 days after your purchase and reduce your principal balance. Terms and conditions apply. Please contact DriveTime for more details. 

Adding more cash to reduce the total amount owed could have many advantages, including lowering your interest rate and/or monthly payments. Using Rate Advantage® at DriveTime means more money in your pocket. 

So, if you’re in the market for a new car, consider DriveTime, and take control of your financing with Rate Advantage®. 

DriveTime – The Approval Place®


At DriveTime, we believe that a car is more than just a way to get around. Vehicle ownership can be critical to unlocking success, which is why we’ve made ourselves The Approval Place®. We’re here to make your car-buying experience as easy and enjoyable as possible! 

The DriveTime dealership experience is dedicated to educating our customers so they can feel confident in their buying decisions. When you visit a DriveTime dealership, we’ll show you your financing options for the vehicle you want within 15 minutes of speaking to someone on our team. You’ll instantly notice how easy it is to get approved and find the best financing for you. 

At DriveTime, we’re all about exceeding your expectations and finding you the right car for your financial situation. Our friendly employees, easy-going atmosphere, and willingness to work with you for financing make buying a car from DriveTime a fun experience. 

To put it simply, when you’re looking for a vehicle, DriveTime is The Approval Place! 

The Genius Way to Trade a Car®

At DriveTime, we’ve worked tirelessly to create a quick and convenient car-buying process. In addition, we’re focused on providing personalized financing options for customers wanting to be in control of their car-buying experience. 

For each customer, that could mean searching through our entire inventory, seeing your down payment and monthly payment online before going to a dealership or making an appointment; whatever it is, you’re in control. Being in control even means ensuring your down payment and monthly payment work with your budget. 

One of the easiest ways to lower your payment terms is to trade in your car. Our Customer Experience Guides (CEGs) are dedicated to understanding your budgetary needs and providing the details you need to make an informed purchase. So, the next time you visit a DriveTime dealership, talk to one of our CEGs about The Genius Way to Trade a Car®. They can then talk you through the next steps in valuing the car and applying that to your next car’s payment terms. 

At DriveTime, we know each customer must find the best payment terms for their situation. That’s why we offer simple ways to trade in your car. So, if you’re in the market for a vehicle and looking for ways to lower your payment terms, visit DriveTime and ask about The Genius Way to Trade a Car.

DriveTime in the News

We’re excited to announce that some of our very own DriveTime employees have recently made the news!

Peter Hermes, Sr. Managing Director of Strategic Analytics here at DriveTime, has been named an honoree in Auto Remarketing’s annual Remarketing & Used-Car Industry 40 Under 40 list. Each year, Auto Remarketing’s 40 Under 40 recognizes business leaders who are making big differences in the industry, and we are so proud to have one of our very own recognized in this space. Learn more in Auto Remarketing’s 2020 40 Under 40 magazine here.



We’re also proud to announce that our very own CFO, Mary Leigh Phillips, has been named an honoree for the Women in Auto Finance list, which honors the most dedicated and talented women professionals throughout the used-car industry. Mary Leigh is one of 12 women in automotive finance who will be honored at this year’s Used Car Week 2020. Learn more about the Women in Auto Finance here.


Congratulations Peter and Mary Leigh! We’re honored to have you as part of the DriveTime team.