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DriveTime Automotive Group, Inc.
Company Information

4020 E. Indian School Rd.
Phoenix, AZ, 85018 United States
(602) 852-6600
http://www.drivetime.com

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DriveTime Automotive Group, Inc. Company Profile

In this story the ugly duckling changes into DriveTime Automotive Group. Formerly known as Ugly Duckling, the company is a used-car dealership chain that primarily targets low-income customers and those with less-than-stellar credit. To cater to subprime clients, it's a "buy here-pay here" dealer, meaning it finances and services car loans, rather than using outside lenders. DriveTime operates about 110 dealerships in 50 metropolitan areas in about 20 mostly southern and western states. It reconditions cars at 20 of its own facilities and has two loan servicing centers. The cars undergo a 53-point inspection and are run through Experian AutoCheck. Chairman Ernest Garcia II controls the company.