Contact: Jon Ehlinger
press@drivetime.com
1-602-852-6600

Press Releases

DRIVETIME OPENS NORFOLK DEALERSHIP

PHOENIX (May 13, 2005) -- DriveTime recently opened its first dealership in Norfolk, Va., at 6200 E. Virginia Beach Boulevard.

"The entry into the Norfolk market is an integral step in our short and long-term expansion plans for DriveTime," said Jon Ehlinger, general counsel and vice president of public relations for DriveTime.

"We're working to improve our facilities with strategic relocations in tandem with our aggressive growth efforts, and we are on track to meet our goal of expanding our business to 90 stores nationwide by the end of the year," he continued. "We're extremely excited to be in Norfolk. It's a great community, and we think an ideal fit for our business."

DriveTime currently has 81 stores nationwide.

Headquartered in Phoenix, DriveTime finances and services people with less than perfect credit in eight states and 12 major metropolitan regions through 80 dealerships. As the nation's largest integrated dealership and finance company, DriveTime is able to provide more flexible and innovative financing options than car dealerships or financial institutions. For more information, visit the company's Web site at drivetime.com, or call (800) 863-7483.