What credit bureau does DriveTime?
Experian
Experian is one of the three major credit reporting bureaus in the United States. They also provide vehicle data, which is included in DriveTime’s AutoCheck® Vehicle History Report.
Who owns DriveTime?
Ernest Garcia II
Ernest Garcia II | |
---|---|
Nationality | American |
Education | University of Arizona |
Occupation | Businessman |
Known for | Chairman and owner, DriveTime |
Is DriveTime still around?
It also spun off Carvana and GO Financial, SilverRock Group Inc, and Bridgecrest Acceptance Corporation. As of 2018, DriveTime had approximately 145 locations in the U.S. and 3,800 employees. DriveTime Automotive Group, Inc….DriveTime.
Type | Private |
---|---|
Website | drivetime.com |
Is CarMax the same as DriveTime?
Large used-car retailers like CarMax and DriveTime function like independent dealerships, but they’re different for a number of reasons. For example, CarMax calls for inspections of all of its cars for sale, and each comes with a free vehicle history report and safety recall report. DriveTime’s program is similar.
How much is DriveTime worth?
DriveTime now generates annual revenues of some $2.5 billion and is extremely profitable. Garcia recently declined offers to buy DriveTime for just under $1 billion, according to an individual familiar with the matter.
Is DriveTime better than Carmax?
Results were generated by 309 employees and customers of CarMax and 265 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.
46% | Promoters |
---|---|
11% | Passive |
43% | Detractors |
Can I get a car loan with 530 credit score?
A: With your credit score at 530 it’s perfectly possible to successfully get an auto loan, although the interest rates for loans like this might be a little bit higher than average. Experian said that vehicle loans for borrowers with scores below 530 represented twenty percent of all 2019 auto loans!
Can you get a car loan with a credit score of 450?
With a 450 credit score, you may not get approval for a car loan without going through a specialized lender. A 450 credit score is in the deep subprime range, and most banks and credit unions aren’t willing to work with such a high-risk candidate.
Can I buy a car with a 500 credit score?
According to credit reporting agency Experian, more than 21% of auto loans in the fourth quarter of 2018 were extended to borrowers with subprime (501-600) or deep subprime (500 or below) credit scores. So, the answer is yes, you can buy a car with that credit score.
Who is CarMax biggest competitor?
CarMax competitorsClear all CarMax’s top competitors include Vroom, Inchcape, Copart, Penske Automotive Group and AutoNation. CarMax is a retailer company for used vehicles.
Who’s better CarMax or DriveTime?
Results were generated by 309 employees and customers of CarMax and 265 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.
46% | Promoters |
---|---|
43% | Detractors |