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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.
GE Capital was the financial services division of General Electric. [1] Its various units were sold between 2013 and 2021, including the notable spin-off of the North American consumer finance division as Synchrony Financial.
The scope and duration of automotive warranties can vary significantly, but they generally cover areas such as: bumper-to-bumper warranty, powertrain warranty, corrosion warranty, emissions warranty and others. [2] There is also an "extended car Warranty" also known as a "service contract" which is purchased separately.
Each extended warranty is different, but generally, extended warranties have a time limit or mileage cap. For instance, some warranties last up to three years or 36,000 miles, whichever comes first.
Scammers will try to pressure you into purchasing an extended warranty that is, in fact, a poor quality vehicle service contract. Not only will it be overpriced, perhaps by as much as $3,000, but ...
GE Capital and KTM North America Extend Consumer Financing Program Installment Financing Available at 340 KTM Dealers for New and Used Units STAMFORD, Conn.--(BUSINESS WIRE)-- GE Capital Retail ...
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