7 Frequently Asked Questions About Buying a Used Car from DriveTime
Here are the top seven 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?
You can get approved on drivetime.com and know your down payment before you start shopping. And if you have all of the items listed in #3 below, there’s a great chance you can be driving your new-to-you car home today!
DriveTime does not offer the opportunity to make payments on the down payment. However, we do offer a reservation program. The DriveTime reservation program allows you to hold the car of your choice for up to seven days, but you cannot drive the vehicle off the lot until the down payment is fully paid. Reservation payments are also 100% refundable.
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. Are your prices higher compared to other used car dealers?
The cost of our vehicles are fairly priced compared to our competitors. We offer a vehicle protection plan for up to 5 years/50,000 miles that covers the main components of your car to provide you years of worry-free driving. A complimentary 30-day warranty is also included on all cars.
6. 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 or less! Although the mileage can sometimes be a little on the high end, you should keep in mind our warranty offer and our multi-point inspections of each and every vehicle. We like to have a healthy mix of vehicles on our lot so our customers have multiple options.
7. 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 and get your down payment instantly.
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 comment below and we’ll respond as soon as we can!
Interested in learning more about buying and owning a used car? Subscribe to our newsletter:
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
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.
I see lots of questions about down pmts and the answers are evasive and directed to dealership. Can you just answer what will down pmt/pmts be on say a $12,000 car with poor credit?
Hi Donna – There are many factors that go into determining what the down payment will be for a vehicle and it is different for each person. In order to provide you with the most accurate answer, we recommend getting approved online then stopping into your local dealership to discuss your options with them!
You said i was approved for $20000. Is this the ammount pre finance charge, or is this the ammount after financing is figured into?
Hi James – This amount would be the vehicle price we recommend you begin looking at based on the information you provided. We’d love for you to visit your local dealership to talk to one of our Sales Advisors about getting approved and driving home with a great new-to-you vehicle!
why cant I get a car from a dive time in a different state
Hi Hector – We will usually be able to transfer a vehicle from one location to another. Please give our Customer Relations Department a call at 888-977-7153 and they will be able to give you more information regarding whether or not we can transfer the vehicle you are looking at to a DriveTime location near you!
Don’t bother their “approved down payment” “know your down payment before you shop” is nothing more than a bait and switch tactic. Once you find a vehicle GUARENTEED the down payment jumps to $1000-1500 more than what you were approved at. That’s how it went for me! Said approved for 495 down payment but once drove all the way there the down amt jumped to $1800…there is no such thing as an honest dealership anymore
Hello Michelle,
Thank you for providing your feedback regarding your recent visit to your local DriveTime dealership. I do apologize for any inconvenience this situation has caused you. In regards to the Down Payment, please know that we try our best to provide an accurate estimate of the down payment amount during the online pre-approval process. However, we are unable to make an official offer for the down payment required until our customers visit the Dealership. This is due to the fact that approval and down payment options are subject to change based on documents provided to the dealership, as well as the specifications of the desired vehicle. If you have any other questions please contact my team at (888) 290-0148.
Thank You,
Missy-Customer Relations
I want to sell my mazda that I bought through drivetime which I still have a loan on. How do I go about doing this?
Hi Shaniah – We recommend calling your local dealership for more details on selling your vehicle. Thank you.
How much on average are people monthly payment?
Hi, Lowell – Great question! Our main goal is to set you up for success in your vehicle and make sure you have a comfortable payment. Once you’re approved, we will sit down with you, talk to you about your budget and come up with a payment that works for you. If you haven’t yet, visit Drivetime.com to get approved and schedule an appointment! Thank you!
Hi.I applied for a vehicle online and the application said that I was approved.I just wanted to make sure as some dealerships tell you that you weren’t really approved and that the application was just a acceptance.Will I run into these kinds of barriers or is the online app the real approval?
Hello Robert,
Thank you for reaching out. Please know that we try our best to provide our customers with accurate information during the online pre-approval process, however, we are unable to make an actual offer until our customers visit the dealership. This is due to the fact that the approval is subject to change based on documents provided at the dealership, as well as the specifications of the desired vehicle. If you have any additional questions please contact our sales team directly at (800) 965-8042.
Thank You,
Missy – Customer Relations
can i buy w car with a permit ?
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
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.
Can I still lease a vehical if I dont have a valid license
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?
Is the “Know Your Down Payment” pre-approval application going to put a hard inquiry on my credit report? Or do they do the hard pull at the dealership?
Hello Caitlin,
Thank you for reaching out! To answer your question, we check your credit when you submit an application online, and it would be considered a hard inquiry. When you visit one of our locations, our sales team will just verify the information you submitted online to ensure everything is accurate.
Should you have any additional questions regarding the buying process or qualifications, please contact your local dealership for further assistance. You can visit our website, at DriveTime.com, to locate your local dealership.
Best wishes,
DriveTime Customer Relations
Would I be able to add a cosigner and include my income
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!
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?
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.
what are the down payment? i have three hundred dollars!
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?
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
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.
if I had a previous repossession from Drivetime (long story), would I be able to finance another vehicle there?
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.
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?
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?
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
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!
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
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!
Hello, Kate! I was looking I it DriveTime for a car. I keep reading bad reviews about them. Could you maybe give me some pointers, and tips on DriveTime?
Hi Samantha – We are happy to hear you are interested in financing a vehicle through DriveTime. We recommend getting approved online then stopping into your local dealership to discuss your options with them!
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
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.
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.
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!
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?
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.
If I was approved for more than what the car is do I still have to make a down payment
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.
Do you have to make a certain amount monthly to be approved?
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
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
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.
How much would a down payment be??
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
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.
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!
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.
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?
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.
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)
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!
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.
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.
Is there a minimum income requirement to purchase a vehicle?
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?
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.
Hey Drive Time, can I use my current vehicle as a down payment to either purchase or lease a vehicle?
Hey Stephen, we do accept trades which can be used towards your down payment. We can evaluate your trade-it at your local DriveTime dealership, or you can get approved online first.
If you get approved online is it guaranteed that you will get vehicle even if I have poor credit?
Hi Daniela,
Yes – at DriveTime, everyone is approved! It only takes 2 minutes to get approved online and start shopping for your vehicle and allows you to save a little time at the dealership.
How do I go about getting insurance if I don’t know what car im getting yet ?
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!!!
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!
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!
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.
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…
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!
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.
If I’m allowed 1700 and I see a car for 1500 will I need a down payment?
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??
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?
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.
What are the minimum income requirements?
Hello Krystina, thanks for reaching out!
Due to the fact that each of our customers are assessed on an individual basis, we do not have a universal minimum income requirement for all of our customers. If you would like additional information on our approval process, please feel free to contact our sales team on our website. Alternatively, if you wish to inquire by phone, you may reach our sales team at (800) 965-8042
Thank you,
Jacob – Customer Relations
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.
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.
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.
I was approved with a $1000 down payment..If I get a co signer am I still required to make the down payment??
Hi Dinah, while a co-signer can certainly help reduce the amount of your down payment, we will still require one.
Who do I talk to find out how much my down payment would be ?
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!
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?
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.
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
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!
I was wondering will I need a cosigner
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?
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
Hi drivetime I was wondering because i have little to no credit would I need a cosigner on a 2008 car
So you have to put down a down payment in order to drive off the lot I have everything else
Hi Corey, yes, a down payment is typically required for all purchases and leases.
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?
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.
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?
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.
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?..
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.
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.
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.
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.
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!
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?
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.
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?
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?
I had got a approval amount is that accurate or no. Also can I have low monthly payments as of 200-400
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?
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?
Yes i was approved online.
I’m self employed I have my own daycare will I still be approved ?
Hi Kia, as long as you can provide proof of income from your business, you’re approved!
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?
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!
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
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!
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
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!
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?
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!
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?
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.
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?
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.
How do I show proof of residency if I live with my parents?
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??
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.
How much are the payments average a month? Or how do u pay it off
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.
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?
can you tell me how long you finance your vehicles for?
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.
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?
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.
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.
Hey I was wondering I’m 18 I have no credit what so ever would I need to have a cosigner?
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
How much would it cost to have one vehicle transferred to another dealer in the same state?
Zilch, nada, cero…we transfer vehicles for free!
What kind of insurance do you need for a leased vehicle
What is the lowest interest rate your company offers?
Hi Elizabeth, our lowest offered interest rate varies, however, at this time it is 5.9%, on approved credit.
Way to ignore my post twice drivetime
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 $5000 for my last trade. These are the same vehicles I bought twice just newer years. Great customer service.
I am assuming there is no reason for this inadequate customer service is the reason I have not gotten a response. It is ok, I bought a brand new vehicle for a 2.9 interest rate with the same monthly payment that I had with your dealership. Good luck to the rest of the people that get suckered into your company.
Hi drive time I was wondering if you have a layaway and you have 700 left can you pay it off with a check and drive same day home?
Hello I wanted to know if I have a license but don’t have auto insurance yet until I the vehicle is it okay if I set up insurance right then and there and if my income is only 400 a month and varies because of hours will my payments be affordable and does title and tags included in down payment ?
Hi Brittany, you don’t have to have auto insurance until you purchase or lease a vehicle, so the same day is ok. However, you will likely need a co-signer and/or additional income in order to afford a vehicle. The titling fee, tags, registration and documentation fees are not typically included in the down payment.
Although the title, tags, & registration aren’t included in the down payment? Are they included at all? Like in the monthly payments?
Hi Teaira – At time of purchase, there will be a fee that will cover your title, tags and registration.
Then why am I having to pay 700$ for my title tag and registration as well as what I have already paid for down payment and monthly payments
Hi Nicole – The price for your title, tags and registration will be dependent on what state you are in when you purchase your vehicle and these fees are usually bundled together at the time of purchase. You can definitely give our Customer Relations Department a call regarding this at 877-881-1123.
We are low on funds and I desperately need my tag done can you guys pay for my tag title and tax I got pulled over bc I can’t afford the tag shoo now I’m stuck at home and kids missing preschool 🙁 like tack into our amount of the car
Hi Shauna – You can definitely give our Customer Relations Department a call at 877-881-1123 and they will be able to help you with any questions you might have regarding your tags, title and registration. They will also be able to help with your payment schedule.
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?
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.
Hey ,
if I have a co-signer on my application , will this show up on their credit ?
Hi Deanna, yes, co-signers are financially responsible for the loan, so it will be reported on their own credit reports.
Hi Drive time , I was just pre-approved for a loan what do I do now??
Hi Daniel, you can either schedule an appointment with your local dealership or start browsing our online inventory.
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.
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.
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.
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?
Hi DriveTime, can I use my current car as a trade-in, but for the down payment?
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.
I had a previous repossession with DriveTime back in 2006. Will I be able to finance a car with a co-buyer?
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!
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….
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!
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?
Hi Antonia – we can definitely help you out with that! Give your local dealership a call and we can discuss your options further.
If I’m approved for 1700 and I see another car I want but its 2600 can I still get it
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!
If I’m approved for 18,000 and the car is 14,500 do I need a down payment ?
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.
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.
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.
Hi drivetime do you guys include insurance or do i need it prior to the visit?
Hi Anthony – we can help you obtain insurance if you don’t already have a provider. This can be done at your local DriveTime dealership!
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 ?
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.
I was considering purchasing a vehicle from drive time, but had heard a story from a friend that although current on payments, her car was repossessed because she had let her insurance lapsed. The drive time rep told her even if she could purchase a policy on her payday 4 days later, she would be unable to reclaim her vehicle
Basically what I want to know is under these circumstances would you not have a legal right to take possession of your vehicle if insurance was reinstated within a reasonable time
Hi Ray – at the time of signing on the lot, we require full coverage insurance. If you need to reinstate the vehicle’s insurance after you’ve started making payments on the vehicle, we recommend calling our Customer Relations Department at 800-965-8043.
Do I have to be on my job a certain amount of time and if I work at a temp to permanent job is that ok?
Hi Alesia – since this is a unique situation, I would recommend heading into your local dealership, explain your current job situation and depending on your approval and the details you provide we can make exceptions or offer alternative solutions.
Hi Jordan – You would have to be 18 in order to enter into a contract with us.
Hi, I was wondering if I get my dad or mom to co-sign, will they have any responsibility for the payments?
Hi CD – as a cosigner, your parent will be responsible for payments if you are late or unable to make a payment. As long as you stay up to date with your payments, your parent will not have to pay for you. If you have more questions, or want to see what your payments will look like, give your local dealership a call and they’ll show you your options!
Hi KD – Since laws vary by state, we want to make sure you receive the correct information. I would recommend contacting your local dealership and explaining your situation. They’ll be able to look into your situation further.
we got a car in 2012,we was wondering how low do we need to get whats owed on it to be able to trade it in on something else???we had a new baby really needing something with more room…thankschris
Hi Chris – congratulations on the new baby! 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.
Hi, I have a steady job and income, and I would like to lease a car. Do I have to be 18? I have my license and all of the correct paperwork.
Hi Megan – you do need to be at least 18 years of age in order to enter into a contract with us.
I’ve done the online preapproval and got preapproval for $20,000. If I’m looking at a vehicle that is $17,000 what would be my down payment?
Hi Ginger! Great question! It’s going to depend on a couple of other factors – if you have a trade-in, if you currently owe on your current vehicle, etc. – so the best thing to do would be to contact your local dealership and let them know you’re interested in the $17,000 vehicle. They’ll be able to tell you exactly how much your down payment will be.
So i have decided that DriveTime is the place for me but i only make about $870 a month right now. I was approved for like 16000 but I do not want a high monthly payment. I dont have money saved and need a car fast! what are my options? Also, when leasing a car is the $200 biweekly payment set in stone or is there a way to make that lower? HELP! lol
Hi Xavier! All great questions. The best thing to do would be to contact your local dealership and let them know exactly how much you make monthly. After they have this information, they can go over options that best fit your lifestyle.
I am a bartender and I was wondering if my General Manager could write a letter on letterhead proving my income status and how long I have worked for the the company. Would this work for proof. Thank you!
Hi Jennifer – definitely obtain a letter on letterhead from your GM. Our dealership may have a form they’ll require to be filled out by your GM as well that they can fax over, but the letter proving your income status is a good step to take for proof. Definitely contact your local dealership to see if they can fax over the form beforehand.
If a person doesn’t have an income but they need a car can they use a cosigner who has an income?
Hi Alicia – yes, both parties can be approved to purchase a vehicle. Keep in mind that the cosigner becomes a responsible party for the vehicle and loan.
Ok I have a few questions. I don’t make much and know I need full coverage to drive. I don’t make much and would have to have very low monthly payments at the moment. I don’t have good credit that I know of. How low can you do your payments? And for proof of.residency all I have is papers from my health coverage. Would those work?
Hi Leann – for proof of residency, do you have any bills with your address on it? Or maybe your lease agreement? Or a W-2?
In regards to monthly payments, we take a few things into consideration – such as down payment and monthly income – so we recommend contacting your local dealership and they can tell you exactly how much you can be paying monthly for a vehicle.
I was approverd for $18,273 bt using my husband’s month income.because I am a stay at home mom. Since I have no job and my income comes from my husband would he have to be a cosigner
Hi Melissa – yes, he would need to be your cosigner.
Why does when everyone on here asks a question, DT just says visit your dealer.This online advice is not good advice.There just trying to get you in one of there locations
Hi Chris – many times, we can answer a question only to a certain extent, more information is usually needed. Rather than provide the wrong details – down payment numbers, cars available, etc. – we ask readers to visit the website to view their dealership’s inventory online, or give them a call with their specific information to receive a good answer. We definitely don’t want to force anyone into our dealerships, but want to make sure they’re getting the information they need.
That’s rude, they are here to help and are very effective with that when they can be.
Hi DT, my credit score is only 500. Is that a problem?
Hi Sarah – that is not a problem at all! We definitely recommend checking out our approval form, or scheduling a visit with your local dealership to create a plan just for you.
Hi..I live in Alabama and have 2 questions. Can a lease be done or just purchase and is there a certain length on how long I have been employed before I could get approved?
Hi Jason – to answer your questions:
Lease – Yes, a lease can be done. We have a separate lease inventory which you can view at your local dealership.
Employment – You’ll need to provide proof of income for three months. If you haven’t been employed for that long, you’ll need to fill out our Employment Verification Form, which a sales associate will walk through with you!
Hi DriveTime,
I have poor credit & just had my vehicle repossessed about a month ago. I made about 2200 a month, now about 3000. I can make a 2500-3000 down payment. Will you all be able to help me?
Hi Lareese – we can definitely help you! Give your local dealership a call and they can give you a few options that are a fit for you.
Hi Drivetime,
I am currently leasing a vehicle with you guys since 04/01/2014 to current. I am wanting to currently trade this vehicle in for another lease vehicle. How do i got about doing so? Also what will i need to do this? Such as a new down payment or can i apply my 500.00 credit. Or do i need to pay my current note and a down payment?
I really want to trade in Friday on my payday. I am located in Pensacola , Fl.
Thanks
Hi Alysia – you can definitely trade in your vehicle for another lease! You can also apply your credit to the down payment, but will still be responsible for the difference. Contact your local dealership to schedule a visit!
I was approved for a loan, but I need to know how much the down payment would be before I make a 2 hour drive to Glen Burnie
Hi Bianca – give your local dealership a call and they can take your information over the phone. Let them know you are two hours away and they’ll make sure to give you all the information you need before you make the trip.
Hey do you work with people on the down payment like maybe have them pay more the first few months until the down payment is paid off
Hi Amanda – we have a vehicle reservation program and you can make payments towards your down payment. Your application is good for 45 days, so you’ll have that time to pay off your down payment before getting the vehicle. Definitely contact your local dealership and they can work out a plan with you!
I am self employed and am wondering, what will I need to bring in order to show proof of income?
Hi Nina – you will need to bring you 3 most recent and consecutive months of bank statements in your name for proof of income. We look forward to helping you find a vehicle!
Is there any flexibility on price of vehicle? I see a trend in higher priced cars than market value with your dealership. Knowing that my APR is already going to be high I would like to get closer to the value of the car I buy. Can drive time help there?
Hi Phil – as a no-haggle dealership, the price you see online is the price of the vehicle. If you have a certain price in mind, we can definitely look at vehicles at that pricepoint.
Hey drive time I was thinking about stopping by to look at a vehicle but I can only put 500down n the next 2week I put the other 500 along with whatever my payment will b am I able to drive the car away n pay the other 500 and payment n 2weeks. The reason I asked because I need a car bad was hoping you guys can work with me
Hi Sean – we would like to hear more about your situation and see what we can do. Give your local dealership a call and they’ll ask you a few questions to create a plan that is specific to you.
Hi I’m looking to lease a car. I can be insured through you guys as opposed to finding my own insurance correct? About how much a month is liability on starter cars like the colbats?
Hi La’Shawnda – it depends on the state, due to different state regulations. Definitely contact your local dealership. They’ll be able to tell you if they offer that, and if not, provide you with other options so that you have insurance.
Hi, im looking to lease a car and i wanted to know does insurance on a vehicle have to be full coverage or can it be basic?
Hi Ron – it’s definitely dependent on which state you will be leasing. Contact your local dealership and they’ll be able to tell you based on your state’s regulations.
I want to trade my current vehicle in for my down payment, what if i still owe on it?
Hi Mike – we have worked with customers in similar situations. We’d essentially take the difference between what your vehicle’s worth and what you currently owe. Stop by your local dealership for a quote!
Hey DriveTime I recently got a job and I am now looking to buy a car. Do I need to have had my job for a certain amount of time before buying with you guys?
Hi Shay – you will need to provide three months worth of pay stubs. If you haven’t been working for that long, definitely give your local dealership a call and they can work with you.
Hey if I get approved for a drivetime loan do I still need a down payment. N provide my own insurance
Hi Jamie – you still need a down payment and you will need proof of insurance. We can help you find insurance if you need it.
Hey drive time,
Are the payments made weekly or monthly on your cars. I heard that they were weekly. Just wanted to hear it from the horses mouth.
Hi Tiffany – generally, payments are dependent on your work payment schedule. Definitely give your local dealership a call
and tell them your situation. They’ll make sure to create a plan for you.
Hello!
We current are financing three cars right now. We’re needing to trade two of them in to consolidate to one car simply because we don’t use the third vehicle.
My husband car is financed through you all and we’ve only had it since June 2014. Would we be able to get a second vehicle financed through you right now? (Two financed vehicles with you all). I’ve googled and can’t find an answer!
Thanks!
Hi Cassie – because this is a unique case, we’ll definitely need some more information from you to give you an accurate estimate. Contact your local dealership and they’ll go over a plan specific for you.
Do you all accept post dated checks for the down payment
Hi Shaquanda – we do not accept post-dated checks. We accept cash, credit, or debit for a down payment.
I dont have any utilities in my name. What would work in its place. I have my rental lease and statements from 401k. Would any of those work.
Hi Mike – those documents should work! Don’t forget to bring in the other required documents with you: your state-issued ID, proof of income, proof of insurance, and a title if you’re trading in your current vehicle.
Hey drive time!! I wanna trade my vehicle in as a down payment towards a car but I don’t have my title how does that work
Hi China! We definitely need the title if you’ll be trading in your vehicle. If your vehicle is currently financed through a bank, we should be able to obtain the title and payoff amount from the bank.
After getting the vehicle with full time coverage , could you switch to liability insurance?
Hi Ira – yes, you can, however with only liability insurance, the vehicle is not covered in the event of an accident or theft.
I have a question about having a down payment. I only have about 200 bucks right now I was wondering if it was still possible to sign and drive and just pay the rest of the down payment with my car note monthly
Hi Dee – Your local dealership can work out a program with you to put payments towards your down payment. You won’t be able to have the vehicle until the full down payment has been made, but they can definitely create a plan to help you get there.
how ling can i layaway a car ? how do i start ? if the car is in orlando and im in tallahassee ? do i have to start in person or can i over the phone ?
Hi Asia – we have a few options based on your situation. Definitely give your nearest local dealership a call. They’ll get your information and create a program just for you.
What is payment schedule after being approved and making the down payment? Weekly, Bi-weekly or Monthly?
Hi Daniel, most of our customers opt for bi-weekly payments to match their payroll’s schedule. There is also an option for traditional monthly payments too. Just let us know what works best for you and we will decide on a payment date and frequency!
Do they work on a down payment or are all around 1000
Hi Michael – your down payment will depend on how much a vehicle is. We can definitely work with you if you have a number in mind!
Is it true that you just need liability insurance for your leased vehicles?
Hi Cooli – liability insurance is required for all vehicles during the life of the lease. However, this does no cover the vehicle if it is in an accident or theft.
I Heard That You Guys Make Us (Customers) Pay Twice A Month. How True Is That
Hi Clintia – we offer bi-weekly payments based on your pay schedule. We work with our customers on a payment schedule.
I leased the car in NV and moved to CA. My NV insurance has lapsed. You said the car was scheduled for repossession. I get paid this weekend. What haplenes if my car gets repossessed b4 I get paid?
Hi Wilson – definitely give our Customer Relations team a call so they can work with you on your payment. They can be reached at 1-888-418-1212.
Do you guys have monthly payments are bi-monthly
Hello Jamarcus,
Thank you for taking interest in DriveTime. To better assist you with all of your questions in regards to our payments, I would encourage you to reach out to Bridgecrest, our loan financing provider, at (800) 967-8526 and a representative would be glad to assist.
Have a wonderful day!
Jodi-Customer Relations
Sorry to bother you. Having a rough time here, not even sure if this is where the questions go. I’m 31 never had a drivers license Till two months ago. I have no driving record. I am from boston massachusetts and two weeks ago I had applied for a car loan through Drivetime. today I had received a call from Dave At Drivetime in Natick massachusetts and said I was approved for a car loan. I had told him I can only put down 300. Till the end of the month for a down payment. He told me thats fine. Now im stuck with the whole insurance situation. The questions I have are, would the loan cover the insurance down payment for 500.00 to start off? If not would they let me pay the insurance tomorrow when I go in to see him and come back in two weeks to pick up the car ? Would I have to have the license plates to take the car off the lot? Would they help me find the cheapest insurance? Would they repo or mess up my credit really bad if i was 1 week late for a payment? Not say I would be just curious. I worked hard on my credit and I don’t want it to go down for something so small. Would they help me find the best deals? Are all the cars reliable?
Hi Jonathan – great questions! First, your sale associate will help you find insurance for your vehicle. Before you leave the lot with your vehicle, you’ll receive a temporary license plate and a permanent one will be sent to your residence. The cost of this will be included in your fees before you leave the dealership. If you’re going to be a few days late on your payment, definitely call our Customer Relations department and they will work with you. You can reach them at 1-888-418-1212. Definitely contact your local dealership and they can give you more accurate numbers based on your monthly income and the type of vehicle you’re looking for.
Do you report to credit bureau? Thanks RICHARD
Hi Richard – yes we do.
What would be my down payment with approval from driveTime
Hi Carol – Your down payment amount is going to depend on your monthly income. Definitely give your local dealership a call. They will be able to provide you with more information regarding down payment and financing options.
Hey DriveTime, The car that I am interested shows the value is cheaper than what the price is, and I have a copy of the carfax. is it possible they could bring down the price a little bit due to this? Thanks.
Hello – Unfortunately, we can not. We feature no haggle prices and our vehicles are priced according to current market value and in accordance with NADA values.
Hey drivetime How much do you have to put down with the layaway option
Hi Mike – You can put down however much you have available whenever you have it.
I have been with drivetime for years and upgraded to a truck I have had for 2. Read about the cancel anytime thing y’all got….is that like voluntary repossion. And how does that work with the balance I owe?? Thank you for any help
Hi Brandi – The Cancel Anytime Lease is not a voluntary repossession, it is a completely separate program.
Hi! I have a very urgent question. My boyfriend purchased a vehicle a year and a half ago. We have never been late on a payment. Unfortunately, we are going to go through a separation. I have made the down payment and the payment every two weeks. I would like to keep the car because it is safe for our 5 year old. BUT he stated the only way I can keep it is to put it in my name. My question is can I do this with drive time? I applied online for a loan with drive time and was approved for a higher amount that is left on the vehicle. I am not a cosigner. I have the insurance for the car in my name as well. If I cannot he stated he will be letting the car go back as a repo. I don’t want to have wasted my time and money. We are in Wyoming. The car was purchased in Colorado.
Thank you in advance.
Hi Amy – Unfortunately, you will not be able to do this. You can contact your local dealership to find a vehicle to purchase with only yourself on the loan.
I have been approved…. But my wife have a car which we are still paying the loan.
Can we trade it in.
Hi Jonathan – it’ll be dependent on a few things. Contact your local dealership and they’ll be able to tell you how you can trade in your current vehicle.
Hi, I am desperately in need of a car for college. Unfortunately, I do not have a job, but the person I currently reside with has a job. How would that work? Could it still be put in my name? Or would it be put in their name?
Hi Chelsea – Your roommate can be a co-signer for you. Contact your local dealership and they’ll be able to tell you how this would work.
Drivetime…
Do you accept trade-ins as down payment?
Hi Samantha – The value of the trade can certainly be applied to your down payment and loan. However, your local dealership can provide you with the accurate trade-in value of your vehicle. Give them a call and they can give you more information.
Just moved from Louisiana to az been here for a month n same time at MY job…willing to give big down payment can I still rent
Hi Jahaun – We can help you finance or lease a vehicle! Contact your local dealership and they’ll be able to help you out.
I was wondering how would I go about me buying my mother a car and putting iT in her name but iI give the money down?
Hi Sabrina – You will have to be a co-signer on your mother’s vehicle. If you have more questions, or want to see what your payments will look like, give your local dealership a call and they’ll show you your options!
Hi drive time
I have a recent repo due to me trying to give car back because they would lower my payment they have not yet after two months and constant call in came to pick up the car but I took licence plates off and stop my insurance is there a way I can still get a car?
Hi Tracy – You can definitely contact our Customer Relations Department regarding this and they will be able to help you out. You can reach them at: 877-881-1123.
What if this is my first time purchasing a car and I don’t have insurance to transfer? Can I just show up with an insurance quote and go from there after purchasing the vehicle? Also, I have a good credit score, but not a lot of credit history & my debt to income ratio is high because of my student loans. I have verifiable income, but it’s not much as I only work part time. Is there an exact minimum monthly income amount you require? Or is there a rule like you must make 3x the monthly car payment for approval?
Hi Sheree – We should be able to help you out! You can definitely contact your local dealershipand they will be able to help you with your financing and insurance questions.
If I’m approved for 17000 how much will my down payment be drivetime my monthly income 1600
Hi Qua – You can definitely contact your local dealershipand they will be able to help you with questions regarding your down payment and financing options.
Hi Drive Time, I was wondering if I have a learning permits can I still purchase a vehicle with a cosigner who has a valid drivers license. I’m 19 by the way With a pretty decent job and I also Attend college
Hello – It doesn’t sound like we’d have a problem getting you into a vehicle, but you can definitely contact your local dealershipand they will be able to help you out with this!
My car was recently repossessed, and I am trying to purchase a new vehicle. I have been approved for a loan from Drivetime, would the fact that I have a repossession on my record hinder my approval for a loan?
Hi Mike – 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!
Hey DriveTime!! I have a couple questions! I got approved for a loan when I did the application on line, but that’s been some months ago, my first question is does that loan change over time when it hasn’t been touched? 2. What is the required income you have to have? And 3. If I wanted a car but my local dealership didn’t have it, could they get the car I want. I want a Jeep Wrangler so bad!
Hi Jasmine – The loan amount will be dependent on a couple different things, your income being one of them. You can definitely contact your local dealershipand they will be able to give you an idea of what documents to bring when you visit. If your local dealership does not have the vehicle you are looking for and a nearby dealership does, we will trade vehicles for you!
I’m 19 and I just got learner’s permit. I have a decent job. Is there anyway you could help me get into a car?
Hi Monica – Unfortunately, you must have a valid driver’s license in order to purchase a vehicle.
Hi, I wish for to subscribe for this weblog to obtain most up-to-date updates, thus where can i do it please assist.
Hi Virginia – You can subscribe to our blog by entering your email address in the “Get Updates” box located on the right hand side of our blog! If you want to make sure you never miss our blog posts, you can like us on Facebook at https://www.facebook.com/Drivetime and follow us on twitter @DriveTime where we frequently announce when a new blog post is up!
Hi I have a question about the proof of income. My fiance gets paid cash at the end of his shift would documentation from his employer do?
Hi Maria – Great question! There are several different documents you can bring in to the dealership with you. You can definitely contact your local dealershipand they will be able to give you an idea of what documents to bring when you visit!
Hello,
I was wondering how I would prove my residency and I live on campus at my university.
Thanks.
Hi Nye – There are several different documents you can bring with you to the dealership. You can definitely contact your local dealershipand they will be able to give you an idea of what documents to bring when you visit.
Whats is your interest rates percentage and insurance costs
Hi Eric – This will be dependent on a few different factors. You can definitely contact your local dealershipand they will be able to give you an idea of what you can expect as far as interest rates and insurance pricing.
Hey Drive Time!
I have a few quick questions. I have verifiable income and about 5,000 for a down payment. I do not live in a state where there is a DT dealership, can I still purchase? I also want to know if I NEED a co signer or if I can finance on my own? Thanks!
Hi Leslie – These are great questions! You can still purchase from us even though you are not in the same state as the dealership. As for the co-signer, it will depend on a few things. We recommend you contact your local dealershipand they will be able to give you an idea of whether or not you will need a co-signer.
If is see a vehicle in another state that I must have (<3) can I pay the down payment and go get the car or have it transferred to my state?
Hi Quinten – Great question! We will transfer vehicles between dealerships!
I have read everything that I know of and I might have overlooked it, but I was wondering is these vehicles just for leasing? Can I purchase a vehicle by making a down payment and monthly payments rather than leasing?
Hi Samantha – We recommend you contact your local dealership and they’ll be able to help you out with details regarding financing a vehicle.
HI i was wondering what is the income requirements?? And also when you are paying monthly for the car you leased do you also pay for the loan drive time gave you ?? Thank you
Hi Devon – We recommend you contact your local dealership and they will be able to answer any questions you might have regarding payment options.
I believe it said 895 due at signing for a least is that the exact amount or does it vary per customer?
Hi Jamel – This will vary by customer and there are a few different things that will determine a down payment. We recommend you contact your local dealership and they will be able to answer any questions you might have regarding payment options.
Do I need to have proof of insurance if I’m on my cosigners insurance?? Can I still drive it off the lot?
Hi Ciera – The vehicle will need to be insured. Your cosigner will need to come in to the dealership. If you have any other questions, please contact your local dealership.
Why do you charge higher down payments for different models if the price are similar, for example car (A) selling for 15,000.00 but requires a down payment of 3,000.00 but a similar car (B) which goes for 16,000.00 requires a down payment of 1,600.00. What I am taking out is a loan not a car, why does drive time care what vehicle you choose. Could someone clarify that for me? and If I am pre approved for 18,000.00 and you tell me I need 500 dollars down..and then try to get me into a lemon not the car that is under or at my approval amount. I need answer….! lol
Hi Jose – This will vary by customer and there are a few different things that will determine a down payment. We recommend you contact your local dealership and they will be able to answer any questions you might have regarding down payment options.
I have a appointment on 12/19 and I was not informed to bring my insurance info in which I have a sr 22. I feel like I’m not completely approved and that I will still be denied.. I only have 500 dollars for a down payment will that be enough to drive off the lot with a car?
Hi Lonnie – We recommend you contact your local dealership and they will be able to answer any questions you might have regarding down payments and the documents you will need to bring with you to the dealership.
Hello drive time I have been approved for a cat loan amount from drive time online how long will it stay on file and can I reapply shortly after it expires due to I’m saving up for the down payment please give me a answer
Hi Quitta – Your application will be valid for 45 days, however if you are planning on saving, we recommend you visit your local dealership and talk to one of our Sales Advisors about putting a vehicle on hold.
What would be considered proof of residency? My utilities are in someone elses name. My cell is in my name and address but don’t recieve a bill because its prepaid through metropcs. Would a letter from a the relative I live with work or any other suggestions?
Hi Sean – You can definitely contact our Customer Relations team regarding this. They will be able to answer any questions as far as what documents are acceptable to bring with you to the dealership. You can reach them at 888-977-7153.
My boyfriend gets paid cash weekly but can get proof from his boss, would that be a problem?
Hi Randi – We recommend you contacting your local dealership to talk to one of our Sales Advisors about what proof of payment is acceptable.
Hey Drivetime,
I have bad credit but if I have a co-signer with perfect credit will that lower my interests rates and monthly payments?
Hi Andres – We are happy to hear you are interested in financing a vehicle through DriveTime. This will be dependent on a few different things. We recommend getting approved online then stopping by your local dealership with your cosigner to discuss your options with the dealership!
Hi Andres – We are happy to hear you are interested in financing a vehicle through DriveTime. This will be dependent on a few different things. We recommend getting approved online then stopping by your local dealership with your cosigner to discuss your options with the dealership!
Drivetime. I had a vehicle with you guys that was considered a total loss. I also had a great payment record. I would like to buy another vehicle through you with my credit has taken a hit because the vehicle was paid off early. How will this affect my ability to get another vehicle
I was told after 3 months, I am able to change my bi-weekly payments to monthly payments by the dealership salesman and manager. I haven’t seen it on your site anywhere. Is this true?
Hi Nic – This is possible. We recommend you reach out to the dealership where you purchased your vehicle and they will be able to help you with this.
Hi. I recently turned 18 and don’t have any credit. I also DO NOT have a cosigner. I only make about $765 a month before taxes but i currently pay $300 a month for my car now. Am i really approved or are they just going to tell me i need a cosigner?
Hi Temaria – We should be able to help you find a great vehicle that works with your situation. We recommend visiting your local dealership to talk to one of our Sales Advisors about getting approved and driving home with a vehicle.
Can you transfer payments to another state?
Hi Evral – Please reach out to our Customer Relations Department at 888-977-7153. They will be able to assist you with any questions you might have regarding your account.
Hey I don’t have a check stub because I’m not employed at the moment but everything else I have can I still get approved for a car
Hi Marcus – We recommend giving your local dealership a call to talk to one of our Sales Advisors about what proof of payment is acceptable.
What models are Drive Time starter cars??
Hi Lexis – There are many different models we use as starter vehicles, however the tops models are the Chevrolet Cobalt, Chevrolet HHR, Chevrolet Malibu, Dodge Caliber and Ford Focus. We recommend visiting your local dealership to talk to one of our Sales Advisors about getting approved and driving home with a vehicle!
Hi drive time I just got a promotion at work & I really need a new car. I’m 25 & only have a beginner’s permit at the time. Can I still get a car? I’m only asking because all the cars I’ve ever financed I didn’t have a problem. I applied & was approved for 17,000
Hi Brandon – Congratulations on your promotion! In order for us to help you find a great vehicle, you will need to obtain a current driver’s license. Once you obtain your driver’s license, we recommend visiting your local dealership to talk to one of our Sales Advisors about getting approved and driving home with a vehicle.
Got approved for a loan for 16,000 am I really approved or is it just a gimmick to get ppl to come into the store to get turned down like the rest of the dealerships?
Hi Kisha – That amount should be correct as long as the information you entered online was accurate. We’d love for you to visit your local dealership to talk to one of our Sales Advisors about getting approved and driving home with a vehicle.
Is the ad valorem tax included? I’ve heard like 5 different stories from the different people I’ve talked to. Please let me know soon. Trying to buy a car saturday.
Hi Katie – Taxes (of any kind) are not included in the sticker price of our vehicles. However, we do finance tax for our customers as part of the total purchase price.
Hello Drivetime,
Can I purchase a car with my class CP license?
Hi Ty – You will need to obtain a valid driver’s license in order to purchase a vehicle from DriveTime. Thank you – Tiffany, DriveTime Community Manager
Hey DT. Do you all still do the $895 down for starter vehicles and what is the maximum interest rate you charge customers?
Hi Chantel – The amount you will need to put down on a vehicle and the interest rate will depend on several different factors. I highly recommend contacting your local dealership to talk to one of our Sales Advisors about what documents you will need to determine these numbers and drive home with a vehicle!
If I’m 25 with a permit will be able to get a car?
Hi Andrea – You will need to have a valid driver’s license to purchase a vehicle through DriveTime.
I live 3 hrs from the nearest dealership, I need to know what my down payment would be, I don’t wanna drive 3 hrs to find out I don’t have enough, is there any way to find out how much it will be?
Hi Diane – I recommend contacting your local dealership to talk to one of our Sales Advisors about what you can expect for a down payment. They can also help you schedule an appointment! Thank you – Tiffany, DriveTime Community Manager
If I get approved is there anyway I can finish the application without going in? I mean faxing all the info you need? The closest dealership is 3hrs away from me.
Hi Victor – I recommend contacting your local dealership to talk to one of our Sales Advisors about what you can expect for a down payment. They can also help you schedule an appointment! Thank you – Tiffany, DriveTime Community Manager
Hi Drivetime I wanted know if there is a way to change my bi/weekly payments to monthly?
Hi Lataye – I recommend you give our Customer Relations team a call at 888-977-7153 to discuss making changes to your payment schedule. Thank you! – Tiffany | DriveTime Community Manager
Can I purchase a vehicle and drive off the lot without insurance THAT day? Do I have so many days to go purchase insurance?
Hi Brianna – You will need insurance before driving off the lot. Depending on which state you are in, we have an option for our customers to obtain insurance through Motion or our CPI coverage which covers comp and collision. Thank you.
I am tired of dealerships taking advantage of people to where I don’t even want to goto them anymore. You say at Drive time everyones Approved for a car if they have proof of income, proof of residents, and a valid drivers license. What if I’ve had two Repossessed cars because I bought a car with problems which cost me more to fix it then it was worth. Can you still get me financed and do you do in house financing or use the same banks most other used car lots use?
Hi Mike – It is possible to get approved with us even if you have had a prior repossession. We take pride in the fact that we work with our customers to help them find a vehicle that will work with their current situation. I highly recommend getting approved online or contacting your local dealership to talk to one of our Sales Advisors about scheduling an appointment! Thank you – Tiffany|DriveTime Community Manager
I have my own car and is currently financing it and was looking into getting a car from you guys. Do you guys take trade-ins and if so do you pay the traded car off or what? I’d like to know because I need something worth paying for.
Hi Markel – We do not currently take trade-ins. I highly recommend getting approved online or contacting your local dealership to talk to one of our Sales Advisors about scheduling an appointment! Thank you – Tiffany|DriveTime Community Manager
I was approved online but I wanted to know what the minimum income requirements were, as I do not have a cosigner.
Hi James – This will be dependent on several different factors, however I recommend contacting your local dealership to talk to one of our Sales Advisors about scheduling an appointment to visit the dearlship! Thank you! – Tiffany|DriveTime Community Manager
They told me I was approved for $18000 here in Texas and my down payment would be about $500 I do not have a valid driver’s license but they said I could have some one co-sign for me will they do a credit check on the cosigner because he has really bad credit but a valid driver’s license will this make any difference on my down payment?
Hi Monique – You will need a valid driver’s license to purchase a vehicle. Thank you. – Tiffany | DriveTime Community Manager
I was approved online. $1000 deposit required…which I have; however I do not have a utility bill in my name. I reside with my brother for 1.5 years but I work two jobs ( paystubs as proof)…. what can I do?
Hi Lonnie – There are many different documents you can bring to the dealership with you. I highly recommend contacting your local dealership to talk to one of our Sales Advisors about what documents are acceptable so you can drive home with a vehicle!
I was looking to purchase my first car through Drivetime, and I don’t have insurance. So if I’m able to obtain insurance through Drivetime would I have to also pay for it on the same day or would it be included with my monthly payment?
Hi Tashan – Whether you get insurance through us or another insurance company, you will need coverage at the time of purchase, however your car payment and insurance payment will be separate. To get a better idea of how much you will need to set aside for coverage and what your monthly payments will be, we recommend contacting your local dealership to talk to one of our Sales Advisors! Thank you!
I have a question.. My grandfather has a car from y’all. I am helping him pay the payments. Can I put my own insurance on the car or does the insurance need to be in his name with me as a liable person?
Hi Jessica – Thanks for reaching out! The insurance will have to be under the same name as the person who is purchasing the vehicle. If you have additional questions, feel free to give our Customer Service department a call at 800-965-8043 – We’re always willing to help answer any questions! Thank you.
Hello, okay so say the car is $14,000 and I get approved for $18,000 what would my down payment would be?
Hi Jose – Unfortunately, I will not be able to provide you with an accurate down payment amount as there are many different factors that help determine a down payment. I highly recommend getting approved online or contacting your local dealership to talk to one of our Sales Advisors about scheduling an appointment! Thank you – Tiffany|DriveTime Community Manager
Hey DT!
I just financed a vehicle and my insurance is pretty steep, especially considering that it’s a newer vehicle with pretty low mileage. Mainly it’s because I’m not 25 yet. I just wanna know what I am required to have insurance wise on my vehicle that is financed. Is liability fine? Comprehensive & liability? Or it definitely must be full coverage?
Hi Deanna – This will vary depending on which state you live in. Hi Jose – Unfortunately, I will not be able to provide you with an accurate down payment amount as there are many different factors that help determine a down payment. I highly recommend contacting your local dealership to talk to one of our Sales Advisors about insurance required in your state! Thank you – Tiffany|DriveTime Community Manager
Hi Deanna – This will vary depending on which state you live in. I highly recommend contacting your local dealership to talk to one of our Sales Advisors about insurance required in your state! Thank you – Tiffany|DriveTime Community Manager
Can I get a car with a learner’s permit
Hi Z – Thanks for reaching out! You will need a valid driver’s license to purchase a vehicle.
I have a recent repossion on my credit. I’ve did the application & been approved. Am I able to get a car from DriveTime ? How much of a down payment do I have to have ? Will I need a consigner ?
Hi Braxton -It is possible for your to get approved with us even with a prior repossession, however your down payment will be dependent on several different factors such as your credit score and your income. If you have additional questions, feel free to contact your local dealership to talk to one of our Sales Advisors about purchasing a vehicle! Thank you – Tiffany|DriveTime Community Manager
Hi DT. I’ve applied to other dealers they all say 100% guarantee. That was a lie. I have a credit score of 494. Transunion. I know all situations are different and it depends on the car, but do down payments go higher than 2000$? Are you percent based for down payment? Like needing 30% down? What’s the highest percentage down? 50? In Illinois do they accept bank Statements as verification of income? Thank you.
Hi Deede- The best way to know your down payment is to apply online and you’ll either see your down payment online or receive a call with your down payment. We don’t have a set percentage that we need down. It’s based more on your CreditRank (how you score with DriveTime), and your income. As far as bank statements for income, I highly recommend contacting your local dealership to talk to one of our Sales Advisors about scheduling an appointment and what documents you will need when you visit the store! Thank you – Tiffany|DriveTime Community Manager
Also if you apply on line and are approved for xx amount of dollars does that amount change when you go in the dealership?
How many months are the vehicles financed?
Hi Jody – This will be dependent on how much you are willing to put down and what type of payments you would like. I recommend you apply online to get a better idea of how much you will need for a down payment. Thank you!
If I seen the car I wanted in Fairfield Ohio would you guys transfer the car to Hickory Hills, IL.
Hi Chanettra – Unfortunately we are unable to transfer a vehicle that amount of distance, however we are constantly updating our inventory! I recommend visiting DriveTime.com and viewing your local dealership’s inventory. Thank you!
After everything is done do the payments on the car start right away? Or a few weeks later?
Hi Ricki – Your first payment will be due shortly after purchase. If you have additional questions, I recommend calling your local dealership to speak with one of our Sales Advisors! Thank you!
Hello,
I don’t have insurance because this would be my first car, would I be able to leave with the car and come back to my home and put insurance on it if I’m financing the car? And also other than a down payment what all would I have to pay? And how much would the total be if let’s say my down payment is $400?
Hi Anna – We’re happy to hear you’re considering DriveTime for your first vehicle! You will need to be insured in order to drive off the lot. We recommend contacting your local dealership, as they will be able to answer any and all questions you may have regarding purchasing a vehicle. Thank you!
Hello, I currently do not have income but will in the future. Am I able to use my parents income while I have the down payment?
Hi Thea – We’re happy to hear you are considering purchasing a vehicle! We recommend calling your local dealership to speak with one of our Sales Advisors as they will be able to answer any additional questions you may have regarding income! Thank you!
Hello, I want to know if you have any dealer fees, and if I have to pay any other money besides the down payment ?
Hi, Alex – We recommend giving your local dealership a call to discuss the process of purchasing a vehicle. You can locate your local dealership here: https://www.drivetime.com/dealership/find
i got a big concern I live in north Wilkesboro and drive time is in charlotte NC no one will take me there, and I have driver license, and income from the federal government from my dads when he died but need help finding down payment assistance to get used vehicle not brand new one what do I do, about a year ago I was approved, but nobody refused to take me to drive time said for me to walk that’s 3 day walk how do I find way to get there
I wanted to trade in my current DT vehicle for another one…what are the requirements, and how long will it take?
DriveTime offers a “CHAMP” program which allows our finance customers to trade in their vehicle with typically no money down and possibly a lower APR. Our customers qualify for this program when they have established a relationship with us over time by making their payments on time and are nearing the end of their loan. If you meet these qualifications, we encourage you to contact your local DriveTime dealership to discuss becoming a CHAMP customer!
I have a car that I’m still paying on with DriveTime already but I Wanted to know could I trade it in for something else at Drivetime?
DriveTime offers a “CHAMP” program which allows our finance customers to trade in their vehicle with typically no money down and possibly a lower APR. Our customers qualify for this program when they have established a relationship with us over time by making their payments on time and are nearing the end of their loan. If you meet these qualifications, we encourage you to contact your local DriveTime dealership to discuss becoming a CHAMP customer!
I’m sort of confused on the insurance thing. If I’m a first time car buyer how do I go about getting proof of insurance?
Hey there, Macaiah!
Once you have selected the vehicle that you want, you can call your preferred insurance provider in order to get a quote.
If you decide to move forward with your purchase, you would then call the insurance provider of your choice in order to purchase a new insurance policy for said vehicle. At that point, your insurance provider would then send a copy of your Declarations Page to the dealership, which would then act as your Proof of Insurance.
I hope that answers your question! If you have any additional questions, please feel free to reach out!
Jacob – Customer Relations
I did an approval online and it’s said something about my down payment will exceed 3,000 dollars. Is it saying my down payment has to be over 3,000 or I can’t go past a 3000 dollar down payment. I need an explanation.
Hello Malcolm,
Thank you for reaching out to us. In regards to approvals, we offer our online pre-approval. I encourage you to contact our sales team at (888)418-1212 for further details regarding your particular approval.
Thank You,
Kaitlyn – Customer Relations
Does the down payment that we qualified for online really matter? I’m asking because what if the car I want, the down payment I qualified for isn’t enough of a down payment for? Is there a deferred down payment program?
Hello Joacquin,
Thank you for reaching out to us! Please know that we offer our online pre-approval to give an idea of what your down payment will look like. Please know that we have a layaway program to ease making your down payment. For more information, you can chat with an agent on our website or call at (888)418-1212. Hope that helps!
Thank You,
Kaitlyn – Customer Relations
Hello,
My question is does drive time help with paying for vehicle tags for the vehicle you are buying/financing?
Hello Britney,
Thank you for reaching out to us! Please know that tag and titling vary by state. To make certain that we provide information about your particular area, I encourage you to contact your local dealership or chat with a representative on our website. Hope that helps!
Thank You,
Kaitlyn – Customer Relations
I had an emergency and moved to another state with my car, now i have to get new state tags, they are asking for the title, where can i get it?
Im not behind payments either
Also whats the process for trading in a new car?
Hello Jamal,
Thanks for reaching out!
In order to begin that process, you would need to start by submitting a change of address through the titling group at Bridgecrest. You can contact them by dialing (800) 967-7651.
Thank you,
Jacob – Customer Relations
I am interested in purchasing a vehicle does drivetime offer insurance or will I have to obtain insurance with an outside company?
Hello Cherrie,
Thank you for reaching out. DriveTime does not offer insurance, you would need to obtain coverage from an outside third party company.
Thank You,
Missy – Customer Relations
What is a range for a down payment for a car around $8,000 if i have no credit ?
Hello Shae,
Thank you for reaching out. Due to the fact that every vehicle is going to be different and I do not know your current credit or financial situation I am unable to provide a range in regards to the down payment. However, we do have two options for our customers to obtain that information; you can either visit our website, http://www.drivetime.com, or you can contact our sales team directly at (800) 965-8042.
Thank You,
Missy – Customer Relations
You guys need to be honest about trade-in vehicles. You guys don’t roll over negative equity so you don’t take trade-in vehicles if you have a loan. Because we all know cars don’t hold their value like they use to. You should state that in the answer to trade-in question posted on your website. . Don’t waste people’s time driving to your dealerships to find out you have to basically owe nothing on your car to get into another.
Sincerely wasted my time.
My credit score 503 I have close account and collection account, I am paying off my rest of my account. I need a suv for work . I need to know if I would be approve .
Hello Donnelly,
Thank you for reaching out. Please know that we work with all different financial situations. For the best assistance please visit our website, http://www.drivetime.com, to complete the pre-approval. You can also contact our sales team directly at (800) 965-8042 and they can take your information over the phone and discuss options with you at that time.
Thank You,
Missy – Customer Relations
Does the down payment need to be cash or can we give yoy a check?
Hello Janie,
Thank you for reaching out!
Unfortunately, we are unable to accept down payments in the form of a personal check; However, we are able to accept down payments in the form of a cashier’s check or a money order.
If you have any further questions regarding this matter, please contact your local DriveTime dealership.
Thank you,
Jacob – Customer Relations
I just financed a car from your dealer about a week ago and i have not had any trouble but my question is can i finance another car at another location that’s drive time also? Because i just applied again and it said approved.
Hello Hector,
Thank you for your interest in purchasing another vehicle through DriveTime!
I appreciate that you have already went through the pre-approval process; However, it is important to keep in mind that approval parameters are likely to change when attempting to purchase an additional vehicle through DriveTime. For further information on this matter, I would strongly encourage you to reach out to your local DriveTime dealership.
Thanks again for reaching out, and have a wonderful day!
Jacob – Customer Relations
I already Have a loan on another vehicle separate company, can I pull out a second vehicle with you?
Hello Rosey,
Thank you so much for reaching out. The best way to determine if we would be able to assist you or not would be to visit our website, http://www.drivetime.com, and complete the pre-approval application. From there, our sales team will be able to review all of your information to determine if this is an option for you. If you would prefer to speak with our sales team directly they can be reached at (800) 965-8042.
Thank You,
Missy – Customer Relations
I just quit a job I was I for 2 yrs and I am beginning new job Monday the pay is higher at new job could I get approved for a car loan with score of 536?
Hello Sheila,
Thank you taking interest in DriveTime and congratulations on your new adventure! We do offer assistance to those who have less than perfect credit in addition to starting a new job. At this time, i would suggest that you reach out to our Sales Department at (800)965-8042 and a member of our Sales Team would be more than happy to answer all of your questions and start the process of getting you into the right vehicle.
Thank You
Jodi-Customer Relations
How many months can drivetime finance for?
Hello Cody,
Thank you for taking interest in DriveTime. The durations of our loans are based off of the customers pay frequency and the type of vehicle that they are looking at getting into. I would suggest that you visit your local DriveTime dealership or contact our sales team at (800)965-8042 so they can obtain the necessary information to get you into the right vehicle.
Thank You
Jodi-Customer Relations
someone told me they bought a car from you and that you guys make people pay every two weeks…don’t you have a regular payment plan like once a month?
Hello Leah,
Thank you for your interest in DriveTime. Our loan terms are evaluated based on your proof of income provided to the dealership at the time of purchase. Our goal is to ensure each customer is set up for financial success and successful completion of his or her loan. This is why we correlate our customers’ payment due date with the date they are paid by their employer. Throughout the life of your loan, if your pay frequency changes, you are able to contact Bridgecrest (our loan servicing company) to discuss a frequency and or due date change.
Thank You,
Jodi – Customer Relations
How long do the guaranteed online approvals last? I was checking to see how much to save for a down-payment, but I wont be able to purchase for a few months…
Hello Monique,
Thank you for your interest in DriveTime. Our online applications are good for 45 days. In regards to the down payment, please know that we try our best to provide an accurate estimate for the down payment amount during the online pre-approval process. However, we are unable to make an official offer for the down payment required until our customers visit the dealership. This is due to the fact that approval and down payment options are subject to change based on documents provided to the dealership, as well as the specifications of the desired vehicle. For further assistance, please reach our Sales Department at (800)965-8042, a team member would be glad to clarify any further questions.
Thank You,
Jodi-Customer Relations
Okay, i owe 2800 on my car with y’all. They want to charge it off at the end of March. Can i trade it in and start over. I was laid off last yr and payment got behind.
Hello,
Thank you for taking the time to reach out to us. There are multiple factors that come into play on trading in vehicles. For more detailed information about trading in your vehicle, please reach out to your local DriveTime store. Also, please know that all of our loans are with our finance partner Bridgecrest. For more information on current options for trade and your loan, I encourage you to reach out to them at (800)967-8526.
Thank You,
Kaitlyn – Customer Relations
I have a question about proof of residency, what if I don’t have a lease or utility bill in my name, will any mail suffice
Hello Ryan,
Thank you for taking the time to reach out to us! Please know that there are different documents that can be used in order to provide proof of residency. To ensure that your documents are accepted, I encourage you to reach out to your local dealership directly. You can find your nearest DriveTime location here by simply entering your zip code. Should you have any other questions, please feel free to reach out to us at (888)418-1212.
Thank You,
Kaitlyn – Customer Relations
Hello! I recently had a voluntarily repo on my vehicle. Will that stop me from being able to get a car? And i see it says insurance proof i dont have a vehicle right now so i have no proof of insurance and most insurance companies wont offer insurance until they have the car info.
Hello Christina,
Thank you for your interest in purchasing a vehicle through DriveTime!
Unfortunately it would be difficult to provide you with a direct answer as to whether or not we can approve you for a vehicle with a recent repossession on your credit. This is due to the fact that each customer’s information is assessed individually when reviewing for approval.
In reference to your question regarding proof of insurance, please know that our customers will typically purchase insurance at the point of sale, prior to leaving the lot.
If you have any additional questions regarding our approval and/or purchasing process, please reach out to your local DriveTime dealership.
Thanks,
Jacob – Customer Relations
I was approved for down payment of 500 online will that jump once I get to the store.
Hello Kasie,
Thank you for reaching out to us regarding purchasing a vehicle from DriveTime. We are glad to hear you have taken the first steps in submitting an application online.
In regards to down payments, we strive to be as transparent as possible. The approval you received online means that we have options as low as $500.00 available to you based on the information provided in your application. Please keep in mind that the actual down payment required will be contingent on the vehicle you choose. Please know that all approvals are subject to multiple factors, including but not limited to income level, proof of residence, and credit score. The dealership will request that you bring documentation to validate what was provided in your online application.
Our goal is to provide everyone the opportunity to apply for a vehicle and help place them into a vehicle of their liking with loan terms structured to that customer’s individual situation. I appreciate you reaching out to us and should you wish to discuss this matter further, please contact our Sales Team at (800) 965-8042.
Respectfully,
Jodi-Customer Relations
Hi drive time, a friend of mine is making payments on a car through you guys, is there any way for me to replace her and put the car in my name?
Hello Tiffany,
Thank you for your question! In order to have an active vehicle loan placed under the name of another party, it would require that the loan is refinanced under a new name.
I would strongly recommend that you have your friend reach out to her lien holder to discuss her options in further detail.
Thanks,
Jacob – Customer Relations
Hi I just recently purchased a vehicle out of state. I was told to get my states inspection and emission test done for the state i reside in. I did an sent back to dealership. However I was issued a 7 day temporary tag. My question is am I going to get another temp plate until I receive all the documents so I can get my states plates????
Hello Felisha,
Thank you for reaching out to us. Regarding your inquiry regarding another temporary plate, this varies by state. I would encourage you to reach out to your local Department of Motor Vehicles division to see if this is something that can be issued. In addition, you may also contact the DriveTime dealership where you purchased.
Respectfully,
Jodi-Customer Relations
How long does your app stay on drive time before it expires
Hello Kia,
Thank you for reaching out! Any approval applications submitted through our dealership are valid up to 30-days from the date that they were originally submitted. If another inquiry is made outside of that 30-day time frame, a new application would need to be submitted, along with a new set of income and residence verification documents.
If you have any additional questions, please don’t hesitate to contact your local DriveTime dealer!
Thanks,
Jacob – Customer Relations
Is the gap insurance? How long do you have to put insurance on the vehicle after you put your down payment on the vehicle? If DriveTime put insurance on your vehicle can you still get your own.
Hello Lesia,
Thank you for reaching out!
To answer your question, GAP is a form of coverage that our customers can opt in for at the time of sale, but is not intended to act as a substitute for your standard auto insurance. The GAP coverage we offer is intended to cover the balance that is left over after the insurance company pays their portion of the loan balance in the event of a total loss.
In reference to your follow-up question, yes, you are able to have your own auto insurance active along-side the GAP insurance. In fact, any of our customers that are actively financing your vehicle through our partnering financing company, BridgeCrest, are required to have full comprehensive and collision auto insurance active throughout the life of their loan.
I hope I was able to provide the clarification you were looking for. If you have any additional questions, please reach out to your local DriveTime dealer.
Respectfully,
Jacob – Customer Relations
I would like to know if it’s still possible to get a loan without having proof of income example paycheck stub. I can show bank statements as far back as needed but I do not have paycheck stubs
Hello Jessica,
Thank you for reaching out to us! That is a great questions. In order to ensure the correct answer, please contact my Internet Sales team at (888)418-1212 or visit our website to chat with a representative.
Hope that helps!
Thank You,
Kaitlyn – Customer Relations
I was wondering if i was approved for a car for a certain down payment will that percentage be the same down payment for a car that cost more? Also if there is a vehicle in a different state i’m interested in, can that vehicle be transferred or can i purchase that vehicle in my state and pick it up myself in another state?
Hello James,
Thank you for your interest in purchasing through DriveTime!
In reference to your question regarding down payment requirements, please keep in mind that this amount can vary depending on vehicle specifications and customer documentation. Unfortunately, it is not a flat amount that is transferrable to all vehicles on our lot.
Regarding your question about a potential out-of-state purchase, please know that these limitations can vary depending on the purchasing state, as well as your home state. For additional information on this matter, I would strongly suggest that you contact a DriveTime in the state that you aim to purchase in to ensure you are receiving the most accurate and up-to-date information.
Thanks again for your interest in purchasing through DriveTime! Please feel free to utilize the link below if you would like to locate the DriveTime dealership nearest to you:
https://www.drivetime.com/dealership
Sincerely,
Jacob – Customer Relations
Can people in bankruptcy get financed with Drive time?
Hello Lynette,
Thank you for reaching out to us and taking interest in DriveTime. In regards to our qualifications for those in bankruptcy, I would encourage you to reach out to our corporate Sales Team at (800) 965-8042 regarding any questions you might have. Have a great day!
Thank You,
Jodi-Customer Relations
What if some of your income is from a significant other that just gives you money each month to help with expenses?
Hello Shannon,
Thank you for contacting us. In regards to your question, in order to explore approval options the dealership would need your proof of income, proof of residence, and credit score.
If you have any additional questions regarding the approval process or qualifications, I would encourage you to contact our Corporate Sales team, at 800-965-8042.
Thank you,
Eva-Customer Relations
Hi I was recently approved by DriveTime. I am curious about the proof of residency. I do not have any bills in my name. I live with roommates. I don’t have credit card or bank statements. I don’t have my paychecks mailed to the house I currently reside at. All my mail gets sent to a P.O. Box in same city I live in. What are the alternatives? Also I wanted to ask about the proof of insurance. I am unclear of what that means? Can I have auto insurance before I get a car? Or what exactly does that mean “proof of insurance”?
Hello Albert,
Thank you for reaching out to us and congratulations on your approval. In regards to the documentation needed to start the sales process, I would encourage you to contact your local dealership. You are also welcome to contact our corporate sales team, at 800-965-8042.
Kindly,
Eva-Customer Relations
Hello, I live in Houston but want to purchase a car that is in Dallas. I see on here a post made 5 years ago that to transfer from one dealership to another is free as long as it is in the same state. Is this still true?
Hello Lauren,
Thank you for taking an interest in our company. In regards to your question, it depends on the location. I would encourage you to contact your local dealership to ensure you get the most up to date information.
Sincerely,
Eva-Customer Relations
Do Drive Time accepted a person that in bankruptey
Hello Tony,
Thank you for taking interest in DriveTime.
Regarding your question as to whether or not you would be able to be approved for a vehicle with us do to a bankruptcy, I would encourage you to reach out to our corporate sales team at (800) 965-8043 and a representative would be glad to assist you further.
Again, we certainly appreciate you reaching out to us and looking forward to speaking with you.
Kindly,
Jodi-Customer Relations
Would y’all transfer a vehicle from Greenville SC to Conway SC, It’s in the same state just not nearby
Hello Alexis,
Thank you for taking interest in DriveTime.
In regards to the transport of a vehicle that is located at another dealership, our sales team will do their best to transport another vehicle over to their location. This will, however, depend on the staff availability and the proximity between the two dealerships. I would strongly encourage you to contact your local DriveTime dealer so they can answer all of your questions.
Kindly,
Jodi-Customer Relations
Hello, I live in Conway SC but want to purchase a car that is in Greenville SC. I Just wanted to know if y’all transfer from one dealership to another if it’s free as long as it is in the same state?
Hello Kisha,
Thank you for reaching out to us in regards to your inquiry about DriveTime.
Pertaining to the transporting of a desired vehicle from one location to another, this is based on the distance between the two dealerships, as well as staff availability.
Should you have further questions, I would encourage you to contact your local DriveTime dealership and a member of our sales team would be glad to answer all of your questions.
Have a great day!
Jodi-Customer Relations
Drive time, so there is one question that I have not seen anyone ask. Do I have to pay TT & L up front or can it be rolled into the financing?
Hello Karla,
Thank you for taking interest in DriveTime. In regards to your questions pertaining to the title, tax and license being included in the sale price, I would encourage you to reach out to BridgeCrest, our loan servicing company, at (800) 967-8526 and a representative would be glad to answer all of your questions.
Have a great day!
Jodi-Customer Relations
Are you allowed to have 2 cars financed at the same time?
Hello Eli,
Thank you for your interest in DriveTime and for your inquiry. We accept third party financing as well as offer in-house approvals through our loan servicing partner, Bridgecrest. I would encourage you to speak with your local DriveTime dealership or our Corporate Sales team at 1-800-965-8042 to determine what the eligibility guidelines are. We hope to work with you soon!
Thank you,
Rebekah – Customer Relations
Why dont you all have a drivetime in seattle??
Hello Devon!
Thanks for reaching out! We are constantly seeking ways to improve our business, which includes potential expansions into new regions and markets! However, we have not seen any opportunities to expand into the Seattle area in the immediate future.
Please let us know if you have any further questions.
Sincerely,
Jacob – DriveTime Customer Relations
I have pay stubs but due to the Coronavirus my pay stubs are a little under 30 days old and I now receive benefits during this time. Will I still be able to present my pay stubs to get a car ?
Hello Aqueenice,
Thank you for taking an interest in DriveTime. Our objective is to get every customer into their desired vehicle based on their individual and budget needs.
During this time, we have some locations that are temporarily closed due to this unfortunate pandemic. Please contact our Customer Relations Department at (800) 965-8043, where a representative would be glad to answer further questions and provide you with the requirements needed to get into a vehicle. You are also welcome to view our daily inventory through our website at http://www.DriveTime.com.
We look forward to speaking with you.
Kindly,
Jodi-DriveTime Customer Relations
Can I bring someone with a license with me until I get mines ?
Hello Rachael,
Thank you for taking interest in DriveTime.
Please know that upon arrival, our sales team will collect the required documentation such as proof of residency, proof of income, along with your valid driver’s license. In addition, we will also obtain your most current credit score so we can get you into a vehicle that best suits your individual needs.
Should you have further questions, may visit our website at http://www.drivetime.com to locate the nearest dealer to you. Their direct phone number and operating hours are available on our site, along with our most current inventory. You may also contact our corporate sales team at (800) 965-8042, and an agent would be happy to answer any further questions you might have.
We look forward to hearing from you!
Kindly,
Jodi-DriveTime Customer Relations
I get unemployment does that count as income
Hello,
Thank you for reaching out. DriveTime offers financing options based on each individuals’ needs and budget.
We are going to look at four factors when it comes to your payments and overall financing options: we look at your income, credit score, and the vehicle you select, which can affect that fourth factor, the down payment. We accept outside financing as well.
I would encourage you to contact your local dealership for more information regarding the acceptable forms of income. Please visit our website at http://www.DriveTime.com to locate the nearest location to you. You may also contact our Corporate Sales team at 800-965-8042, and a representative will be glad to answer any questions you may have.
Best regards,
DriveTime Customer Relations
It’s good to know that an auto loan’s terms are tailored specifically to a unique financial situation. I think it would be important to have good credit just in case. You could get a bigger loan if needed and even a lower interest rate at some places.
Is it possible to have more than one car loan if your existing loan is nearly paid off
Hello Patricia,
Thank you for reaching out. Everyone’s situation is different, but typically the loan would have to be satisfied before starting a new contract with the same dealership.
I would recommend that you contact your finance company or the dealership where you purchased your vehicle to get further information.
Thank you,
DriveTime Customer Relations