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DriveTime is a private company headquartered in Tempe, Arizona. [3] The company's business model is focused on selling previously owned vehicles to car-buyers. [4] It uses a proprietary credit scoring model to finance car purchases at its dealerships in-house, [5] [6] including subprime lending. [7] DriveTime buys 150,000 cars annually at ...
The company's initial funding round came from the used car retailer and finance company DriveTime. [4] A year later Carvana opened its first iteration of a car vending machine. In 2015, a fully automated, commemorative coin-operated version of the signature car vending machine opened in Nashville, Tennessee. [5]
Retail floor planning (also referred to as floorplanning or inventory financing) is a type of short term loan used by retailers to purchase high-cost inventory such as automobiles. These loans are often secured by the inventory purchased as collateral. [1] Floor planning is commonly used in new and used car dealerships. [2]
Download as PDF; Printable version; ... A dealership is an authorized seller and may refer to: Car dealership; Franchised dealership; See also
Typical car dealership (in this case a Jeep dealer) in the U.S. selling used cars outside, new cars in the showroom, as well as a vehicle entrance to the parts and service area in the back of the building An aerial view of auto dealer's service in Kuopio, Finland Service and repair entrance Auto dealer's service and repair facility Dealer for vintage cars
Drive time may refer to: Drive time, a part of the day in which many radio listeners are driving; DriveTime, a used car seller and automobile finance company "Drive Time" (song), a 1993 song by Lisa Stewart; The Drivetime, a 1995 science fiction film; Drive Time with Al and Parker, a podcast featuring comedians Alfred Barnes and Parker Brown
Inventory may also cause significant tax expenses, depending on particular countries' laws regarding depreciation of inventory, as in Thor Power Tool Company v. Commissioner. Inventory appears as a current asset on an organization's balance sheet because the organization can, in principle, turn it into cash by selling it. Some organizations ...
Infobox for racing cars. Template parameters This template prefers block formatting of parameters. Parameter Description Type Status Name name car_name no description String optional Image image no description File optional Image size (in pixels) image_size no description String deprecated Upright scaling factor for image image_upright Scaling factor for the image. See MOS:UPRIGHT for more ...