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Drive Away is an online platform where you can buy and finance your next car. The site is designed to make it easy to compare your financing options, and you can get pre-approved for financing within minutes without it affecting your credit score. Drive Away can then connect you with offers from a network of dealerships around the country. However, there are limited customer reviews available for this provider.
Pros
Easy application process
Fast pre-approvals
Find the right car and financing in one place
Cons
Limited reviews
Limited information on website
What is Drive Away?Drive Away is an online car buying and financing platform that is designed to help Canadians who are having trouble finding financing for their next set of wheels. When you apply online with Drive Away, you get an instant assessment of your financing options.Drive Away will then contact you to help you find the right car from their inventory and financing from a partner provider. The company also works with you to improve your credit score so you will qualify for better financing rates in the future.Is Drive Away legitimate?Drive Away is run by Marble Financial Inc, a Vancouver-based financial services company that also operates the MyMarble money management app. Established in 2016, Marble Financial aims to help more Canadians reach financial wellbeing. It is Better Business Bureau accredited with an A+ rating.
What we like about Drive AwayEasy to apply. It’s quick and easy to apply for financing online through Drive Away. Simply select the type of vehicle you want to buy, enter the monthly payment amount you can afford and provide your email address to compare financing options.Get pre-approved in minutes. It only takes a handful of minutes to get pre-approved for financing, and you don’t need to visit a dealership to do so.Won’t hurt your credit score. Applying for pre-approval with Drive Away only involves a soft credit check, so it won’t affect your credit score.Connect with dealerships. Drive Away can connect you with a network of dealerships across the country to find the right car for your needs.Bad credit accepted. Drive Away works with borrowers with all types of credit, so you can apply for financing even if you’ve been turned down elsewhere. Learn more about bad credit car loans.MyMarble platform. When you take out a car loan through Drive Away, you’ll also be set up with a MyMarble financial wellness account. You can use the account to monitor your credit score, track spending and debt payments, and work to improve your credit score.What to watch out forLimited reviews. There are limited customer reviews available for Drive Away online, so it’s difficult to gauge the quality of service provided by the platform.High rates for bad credit. If your credit history is less than perfect, you can expect to be offered higher interest rates than borrowers with good credit.Limited information. There’s minimal information available on the Drive Away website about factors such as the size of its dealership network or the inventory you can access.Not available in Quebec. Car buyers in Quebec will need to consider other options.Alternatives to Drive AwayDrive Away reviewsWe couldn’t find any online reviews for Drive Away. However, Marble Financial, which runs Drive Away, is accredited by the Better Business Bureau and has received some customer reviews.Better Business Bureau accreditedYes (Marble Financial)Better Business Bureau ratingA+ (Marble Financial)Better Business Bureau reviews1/5 stars based on 4 Marble Financial reviewsFacebook reviews4.3/5 stars based on 12 Marble Financial reviewsReviews verified as of July 3, 2023.Eligibility requirements of a Drive Away car loanTo get approved for a car loan through Drive Away you will need to be:A Canadian residentThe age of majority in your province or territoryYou can apply whether you have good or bad credit, and you’ll also need to meet minimum income requirements that vary based on the lender.How to applyYou can apply for a Drive Away car loan by completing the following steps:Visit the Drive Away website and click “Get started”.Select the type of vehicle you want to buy.Enter the make and model of the vehicle.Select the monthly payment amount you can afford.Enter your email address.Compare the financing offers you can get pre-approved for.A Drive Away representative will contact you to help you find the vehicle and financing that suit your needs.
Frequently asked questions
Can I get approved for a Drive Away car loan if I have bad credit?
Yes. Borrowers with all types of credit can apply for financing through Drive Away.
How can applying for a car loan through Drive Away help me improve my credit score?
When you apply for a loan, you get free access to the MyMarble financial wellness platform. This digital financial advisor provides personalized recommendations to help you manage your spending and build credit, plus it also provides educational resources to help you take control of your debt.
Where is Drive Away available?
Drive Away is available right across Canada, but it is not available in Quebec.
How can I contact the Drive Away customer support team?
You can get in touch with Drive Away over the phone or by email from 9am to 5pm (PST) Monday to Friday.
