Complaint Review: DriveTime - Tucson Arizona
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- Author Confirmed
- DriveTime Speedway Tucson, Arizona U.S.A.
- Phone: 800-drv-time
- Web:
- Category: Auto Dealers
DriveTime ripoff sell cars to you for 6,000 dllrs more than what they pay for them. Tucson Phoenix Arizona
*Consumer Comment: What's The Difference? the typical mark up on just about any late model used car
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I was what drivetime (ugly duckling) called a loan rep(more like a loan shark). It was my job to keep deliq acct under 5 days deliq. They forced every rep to harrass , belittle customers. Managers are always on reps backs to get money in today. I think the word they use is BLM Bottom Line Management. This is what they use to get rep to collect money .
They have a party every year called la palooza in phoenix, az and fly in reps and managers to this, to pick up a check (bonuses) for ripping off consumers. I have a lot of info on them being an insider. It's not pretty what they do. I will write other story on them. Just to let every one know drive time is ugly duckling it's a scam they were going to try to see if they could get away from what they call buy here pay here slogan. It's UGLY DUCKLING people .
Anthony
oxnard, California
U.S.A.
This report was posted on Ripoff Report on 04/07/2005 12:19 PM and is a permanent record located here: https://www.ripoffreport.com/reports/drivetime/tucson-arizona/drivetime-ripoff-sell-cars-to-you-for-6000-dllrs-more-than-what-they-pay-for-them-tucson-137917. The posting time indicated is Arizona local time. Arizona does not observe daylight savings so the post time may be Mountain or Pacific depending on the time of year. Ripoff Report has an exclusive license to this report. It may not be copied without the written permission of Ripoff Report. READ: Foreign websites steal our content
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#1 Consumer Comment
What's The Difference? the typical mark up on just about any late model used car
AUTHOR: Cory - (U.S.A.)
SUBMITTED: Thursday, April 07, 2005
I would imagine that is the typical mark up on just about any late model used car. When I see what those car dealers give people for their trade-ins, repos, demos, rent-a-cars, etc, turn around and sell them at overinflated prices, that sounds about right. Old beat up POS they get for $500 to $1500, sell for $2900 to $4900, 7 to 5 year old car they pick up for $2500 to $4500, sell for $6500 to $9500, 3 to 5 year old they pick up for $4500 to $7500, sell for $9900 to $15500, 1 or 2 year old that they got for $7500 to $12500, sell for $15500 to $19900. Add on taxes, fees, dealer add-ons and interest and you're getting screwed.
If any of these people bothered to compare the price of last year's used vehicles to what you can buy a new one for with rebates, it's CHEAPER to buy a new one then what a dealer will sell you a used one for. Gillespie Ford tried to give me $4000 for one of my vehicles on a trade. Retail was $13500, wholesale was $11500. Loan value was $9700. I sold it myself for $9700, in 10 minutes for cash. $5700 more then the dealer was going to give me for it. He'd tried and sell it for the $13500, making $9500.
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