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Q:What is ReDrive Solutions?
A: ReDrive Solutions helps Texans exit unaffordable auto loans through vehicle transfer or installment-sale agreements.
Our goal is to help you avoid repossession, clear your balance safely, and protect your credit—without creating new debt or loans.
Q:How does ReDrive help me avoid repossession?
A: We help you transfer ownership or payment responsibility before the repossession process begins.
By arranging a voluntary sale or assignment under Texas contract law, you can satisfy or settle your lender’s interest and protect your credit record.
ReDrive does not stop repossessions already in progress; we help you act before that point.
Q:Can I still get into another car after working with ReDrive?
A: Yes. Because our process helps you avoid a repossession entry on your credit, you remain eligible for future vehicle financing.
In many cases, the equity recovered from your vehicle can serve as a down payment toward your next purchase.
Q:Will this impact my credit score?
A: Our process is private and not reported to credit bureaus.
Avoiding repossession protects your score far better than letting the lender reclaim the vehicle.
Q:What types of vehicles or loans qualify?
A: We work with most vehicles financed through DriveTime, Carvana, Credit Acceptance, Westlake, Capital One Auto, and others.
Typically, we can assist with 2016 or newer models under 120,000 miles, but every situation is reviewed individually.
Q:Do I need to be current on payments?
A: No. Whether you’re current, behind, or have already received a repossession notice, we can often create a solution.
The sooner you contact us, the more options you’ll have.
Q:What if I owe more than the car is worth?
A: That’s common. We specialize in creative equity transfers that do not require you to pay the full deficiency or bring cash to close.
Each case is unique—let’s discuss the best structure for you.
Q:Will you pay off my loan?
A:No. ReDrive Solutions is not a lender, refinance company, or dealership.
We act as a transaction facilitator—helping you arrange an installment sale or assignment in which a qualified buyer or investor assumes payment responsibility with your lender’s acknowledgment.
Q:What does it cost me?
A:In most cases, nothing out of pocket.
If we can’t structure a deal that benefits you—by clearing your balance or generating equity—we’ll let you know up front.
We only move forward when it’s a win-win for all parties.
Q:Is this legal?
A:Yes. ReDrive operates under Texas contract and property law, using valid installment-sale and power-of-attorney documents.
All transactions are handled transparently, and you are encouraged to seek independent review of any agreement before signing.
Q:How fast can this happen?
A: We can usually provide a formal offer or agreement within 24–48 hours.
Speed matters when you’re facing repossession, and our team moves quickly to protect your options.
Q:Do I need to transfer the title?
A:In most installment-sale arrangements, title remains in your name until the buyer completes payments.
If your agreement involves a leaseback or assignment, we’ll guide you through any DMV paperwork needed to reflect the lien or transfer properly.
Q:What paperwork is required?
A:Generally:
An installment-sale or assignment agreement
A limited power of attorney (POA) to manage lien or payoff paperwork
Copies of your ID, loan statement, and title documentation
All documents relate to private vehicle transactions—not new loans or refinancing.
Q:Can I get cash out of this?
A: Sometimes. If your vehicle’s market value exceeds your loan payoff, or if we can arrange a strong resale, you may receive equity proceeds at closing after lender approval.
We’ll review your situation honestly before any commitment.
Q:Is my information confidential?
A: Absolutely. We do not share or report your information to credit bureaus, lenders, or outside parties without your consent.
Your data is used only for completing your transaction and protected under our privacy policy.
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