DriveTime

Pre-owned car retailer with financing options

Phoenix, Arizona, United States

About DriveTime

DriveTime is a pre-owned car retailer that focuses on enhancing the car buying experience through technology and industry knowledge. The company operates across the United States, helping customers find reliable used vehicles while offering services such as purchasing, financing, and vehicle protection. DriveTime uses specialized tools to make the car buying process more efficient and user-friendly, setting itself apart from competitors by prioritizing customer satisfaction and support. The goal of DriveTime is to improve the lives of its customers, employees, and communities by creating opportunities and expanding its reach into new areas.

Phoenix, ArizonaHeadquarters
2002Year Founded
VENTURE_UNKNOWNCompany Stage
Automotive & Transportation, Financial ServicesIndustries
1,001-5,000Employees

Benefits

Company matched 401k plan
Tuition reimbursement
Leadership development programs
Regular team building events
Onsite networking events with senior leadership
Medical, dental, & vision coverage
Generous paid time off package
Company-paid life insurance and optional disability plans
Maternity & Paternity Leave
Pet Insurance

Risks

Loss of key personnel like Jamie Fischer to competitors.
Employee benefits competition may affect talent retention.
Economic fluctuations could impact consumer purchasing power.

Differentiation

DriveTime uses proprietary technology to enhance the car buying experience.
The company offers comprehensive services including financing and vehicle protection.
DriveTime focuses on placing the right customer in the right vehicle.

Upsides

Increased demand for pre-owned vehicles due to economic uncertainty.
Growing trend of digital retailing in the automotive industry.
Advancements in AI-driven customer service tools enhance support and sales.