Is it hard to get approved by DriveTime?
DriveTime now offers customized online approvals. It’s easy and only takes about two minutes. In most cases, you’ll receive an instant confirmation of your down payment amount so you can start car shopping right away.
Is everyone approved at DriveTime?
Do you approve everyone? Yes! Everyone is approved at DriveTime. Start your easy, online approval today and know your down payment before you shop, or call our approvals line at 888-418-1212.
Who is DriveTime owned by?
Ernest Garcia II
Ernest Garcia II (born May 1, 1957) is an American billionaire used car businessman, owner of DriveTime, convicted felon, and major shareholder of Carvana….
| Ernest Garcia II | |
|---|---|
| Known for | Chairman and owner, DriveTime |
| Spouse(s) | Married |
| Children | Ernest Garcia III |
Is CarMax better than DriveTime?
Results were generated by 143 employees and customers of CarMax and 190 employees and customers of DriveTime. CarMax’s brand is ranked #- in the list of Global Top 1000 Brands, as rated by customers of CarMax….CarMax vs DriveTime.
| 38% | Promoters |
|---|---|
| 46% | Detractors |
Are DriveTime and Carvana the same?
Carvana isn’t a standalone company so much as a bespoke loss-generating subsidiary of DriveTime. The purpose of Carvana is as a financing and capital markets vehicle that can generate revenue, fees, income and profits for DriveTime (Company) and its majority owners (Garcias).
Is CarMax the same as DriveTime?
CarMax has a negative social sentiment, when analyzing social media channels and online mentions. Their current market cap is $20.04B. DriveTime’s brand is ranked #- in the list of Global Top 1000 Brands, as rated by customers of DriveTime….CarMax vs DriveTime.
| 38% | Promoters |
|---|---|
| 16% | Passive |
| 46% | Detractors |
What credit score does DriveTime require?
Excellent Credit Score: 720+ Good Credit Score: 680 – 719. Average Credit Score: 620 – 679.