top of page
iDrive Process
Workflow
iDrive sees approximately $8 million of asset demand (value of autos) in qualified deals each month
Quality Deal
Secure Lease & Purchase Auto
Vehicle Drop Off
Lease Period
Post Lease
+30-day rental min. Right-Fit Client Target Profit Margin
50% Rental Payment Upfront Purchase Wholesale w/ target 15% resale profit
Inspection License and insurance verification
2nd 50% Payment due 2 weeks in 30 Day Check-In Secure post-lease sale
Sell vehicle with 15% target profit Recycle cash for new purchase
How can iDrive pay such a high interest rate?
● iDrive operates in a very liquid, high demand market.
● iDrive charges most of rental upfront.
● iDrive buys vehicles wholesale and sells retail with AVG 15%-20% Profit.
● iDrive holds minimum of 90 -day interest payments in escrow.
● Asset Coverage secured by lien on luxury vehicles.
● iDrive holds little to no inventory.
● iDrive buys vehicles still in warranty with minimum maintenance expenses.
● iDrive restricts miles driven to maintain vehicle value.
● Clients pay for insurance.
bottom of page