DriveTime Automotive Group review: Ford taurus

They engaged in loan sharking type lending because even though the interest rate is low like 3-5% they charge 22% which is an extremely high interest rate. They bait desperate people into buying their cars by saying no one is denied and it is smart and genius buying from them. This is factually a lie because after 2 years and 3 months you owe more than the car is worth and the amount financed at the initial sale. They take advantage of desperate people. Your loan is like paying for a mortgage or an interest only loan. You end up paying 3-4 times what a used the car is worth.