Driveway Finance Intro, Options and Application

Last Updated on 4 months by General

Introduction to Driveway Finance

Driveway Finance is a captive finance company that provides financing for new and used vehicles at Lithia dealerships. It is one of the largest automotive retailers in the United States.

Driveway Finance
Driveway Finance

It was founded in 2012 as a subsidiary of Lithia Motors Inc with its headquarters in Medford, Oregon. The company has over 1,000 employees and operates in 24 states.

Driveway Finance – financing options

Driveway Finance offers a variety of financing options for new and used vehicles, including:

  • Traditional installment loans: These loans typically have terms of 36 to 72 months and require a down payment of 10% to 20%.
  • Lease financing: This option allows you to rent a vehicle for a specified period of time, typically 24 to 36 months. At the end of the lease, you can either return the vehicle or purchase it.
  • Commercial loans: These loans are available for businesses that need to finance the purchase of vehicles for their fleet.

Driveway Finance also offers a variety of other financing options, such as credit card financing and home equity loans.

How to apply Driveway Finance

To apply for financing from Driveway Finance, you can visit their website www.drivewayfinancecorp.com or contact a Lithia dealership. You will need to provide information about your income, debt, and employment history.

Conclusion

Driveway Finance is a reputable company that offers a variety of financing options for new and used vehicles. They have a good reputation for customer service and are a good option for people who are looking for financing for a vehicle.

Leave a Reply

Your email address will not be published. Required fields are marked *