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DriveItAway and Free2move Launch National Partnership to Revolutionize Vehicle Access and Supercharge Dealer Profitability
Globenewswire· 2025-07-22 12:00
Core Insights - DriveItAway Holdings, Inc. has partnered with Free2move to launch "Free2move Powered by DriveItAway," aiming to transform dealerships into next-generation mobility hubs [1][6] - The collaboration integrates DriveItAway's lease-to-own subscription platform with Free2move's mobility expertise, providing a seamless app-based experience for customers [2][4] Group 1: Partnership Overview - The partnership allows franchise dealers to offer flexible lease-to-own programs without credit checks, down payments, or long-term commitments [6][7] - Dealers can provide vehicle access by the minute, day, week, or month through a co-branded app, enhancing their service offerings [7] Group 2: Market Impact - This initiative is expected to help dealers capture new customers, increase service revenue, and compete with rental and subscription companies in the flexible-use market [6][7] - The partnership targets consumers and businesses traditionally served by rental car and subscription companies, aiming to reclaim lost market share for dealerships [7] Group 3: Technological Integration - DriveItAway's proprietary platform includes advanced customer scoring and a "Savings-to-Ownership" pathway, facilitating seamless integration with dealer digital front ends [4] - Returned vehicles will be re-entered into a new short-term lease model via Free2move, maximizing utilization and profitability for dealers [7]