DriveItAway Holdings, Inc. engages in the development of consumer-facing app and Web-based platform that enables car dealers to sell vehicles through eCommerce with its Pay as You Go app-based subscription program. It offers turnkey solutions, including driven program with proprietary mobile technology and driver app, insurance coverages, and training to dealerships in online sales opportunities. The company is based in Philadelphia, Pennsylvania.
DriveItAway and Voyager Global Mobility Announce Strategic Alliance to Introduce Direct-to-Dealer Off-Fleet Inventory and Flexible Lease-to-Own Program
DriveItAway (OTC: DWAY) and Voyager Global Mobility announced a strategic alliance to route Voyager's off-fleet vehicles directly to subprime and buy-here, pay-here dealers, bypassing traditional wholesale auction channels.
Selected units are expected to retail primarily in the $10,000–$20,000 range, with some Voyager-owned vehicles offered on consignment and others listed on DriveItAway's app-based lease-to-own platform for credit-constrained consumers.
Voyager says hundreds of off-fleet vehicles become available each month, giving DriveItAway a recurring inventory pipeline, though the release discloses no financial terms, exclusivity, or volume commitments.
The alliance targets an affordability squeeze: Edmunds data cited in the release shows vehicles priced below $20,000 fell from 55.2% of used-vehicle sales in Q2 2019 to 31.8% in Q2 2026.