Core Insights - DriveItAway Holdings, Inc. is expanding its service footprint to nine major U.S. cities as part of a joint mobility program with Free2move, enhancing accessibility to flexible lease-to-own automotive solutions [1][2] Expansion Details - The new markets for DriveItAway's flexible lease/subscription service include Miami, Fort Lauderdale, Orlando, Tampa, Key West, Minneapolis/St. Paul, Denver, St. Louis, and Los Angeles [5] - The service requires no down payment, no minimum credit score, and no long-term lease commitment, aimed at making mobility accessible to those previously priced out of traditional financing [2] Strategic Partnerships - The partnership with Free2move, a subsidiary of Stellantis, allows DriveItAway to leverage industrial scale and expertise for a national rollout through franchise dealerships [6] - Free2move's Managing Director highlighted the importance of this collaboration in expanding flexible leasing options to more cities and drivers [2] Future Growth Plans - DriveItAway plans to continue expanding into additional U.S. cities in 2026, driven by dealer participation and regional demand [4] - The company anticipates further market announcements and performance updates as the rollout progresses [4] Advisory Board and Leadership - DriveItAway has strengthened its Board of Advisors with new members who bring extensive experience in retail, rental, and capital markets, supporting the company's growth and operational discipline [6] - The enhanced leadership is part of a broader capital-markets strategy aimed at supporting sustained growth and increasing revenue [6] Company Overview - DriveItAway is positioned as a national dealer-focused mobility platform, enabling franchise dealers to sell more vehicles through an exclusive lease-to-own, app-based subscription model [7] - The company provides a comprehensive program that includes proprietary mobile technology, insurance coverages, training, and dealer enablement [7]
DriveItAway Holdings Ignites National Scale with Free2move and Launches 9 New Cities in December
Globenewswire·2025-12-23 13:30