DriveItAway Micro-Lease App and Platform Now Available for

From GlobeNewswire: 2024-04-24 08:00:00

Automotive retail car dealers can now use the DriveItAway app and software platform, with fleet credit line options offered by Westlake Fleet, to provide all prospects, regardless of down payment or credit history, the ability to choose a vehicle and “drive it away” with a micro-lease established by the dealer. This platform enables customers rejected for regular vehicle purchase finance or lease to drive, and then buy, a quality vehicle. DriveItAway’s partnership with Partners Personnel aims to offer its micro-lease program to over 20,000 employees nationwide to solve personal transportation problems for entry-level workers in the U.S. This initiative allows dealers to recover lost sales and gain market share, turning vehicle carrying costs into instant revenue with the support of Westlake Fleet.
DriveItAway Holdings, Inc., a leader in digital mobility platforms, offers innovative “micro-lease to purchase” technology to enable all to drive and buy quality personal transportation. This program allows individuals to access personal transportation regardless of down payment or credit score, solving transportation challenges for entry-level employees. Dealers are encouraged to partner with DriveItAway to meet the overwhelming demand for its program following its nationwide announcement. Dealers using the DriveItAway SaaS platform can benefit from Westlake Fleet’s fleet financing options to scale and implement the program effectively.
DriveItAway’s micro-lease platform, in partnership with Westlake Fleet, has the potential to offer hundreds of thousands of prospects access to quality used vehicles. This program benefits dealers by serving customers who may not qualify for car loans through conventional financing. The partnership with Partners Personnel has created overwhelming demand for the micro-lease program nationwide, leading to the rapid expansion of DriveItAway’s SaaS solution for dealers across the U.S. Dealers looking to expand sales and market share can now access vehicle credit line funding through Westlake Fleet, ensuring the success of the DriveItAway program.



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