MILPITAS, Calif. and HADDONFIELD, N.J., Dec. 14, 2021 (GLOBE NEWSWIRE) -- DriveItAway, the industry leader in automotive dealer new mobility platforms, with its revolutionary subscription to purchase technology, announces its new program for employers to enable vehicle ownership as both a means and incentive for potential new employees to get to work.
“Historically, the lack of private vehicle ownership has always been a major problem for entry level employees - jobs, particularly retail jobs, are one place, while good people who need them live a great distance away,” says John F. Possumato, Founder and CEO of DriveItAway. “While it is nice to think that public transportation or carpooling is available, the fact is, in many areas of the United States, it frequently isn’t a viable option, and the cost of car sharing or ride sharing is an unsustainable expense for many, leaving only private vehicle ownership as a practical alternative,” adds Possumato, “If you can’t get to work, you can’t go to work, which creates both unemployment and poverty. Our program, focused on transportation, solves this problem as it enables credit challenged and first time car owners a way to ‘pay as you go’ for immediate vehicle access.”
The disconnect between where entry level jobs are and where the people who want and need them live has been observed in every area of the United States, and has been documented in “Poverty of the Carless” an academic study researched and written by David King (Arizona State University), Michael J. Smart (Rutgers University), and Michael Manville (University of California), that notes the ever-increasing poverty rate of those households without vehicles throughout the United States. Between 1960 and 2014, the U.S. poverty rate fell from 24 percent to 14 percent, but for households without vehicles, the poverty rate actually rose from 42 percent to 44 percent.
Right now, there is a severe labor shortage of entry level workers, particularly in retail, which historically has been filled over 50% by women. Yet many people who want and need these jobs have no way to regularly get to work – providing these potential employees with the job offering combined with the means to get there a program that provides a vehicle and enables ownership on a “pay as you go” basis fixes this problem, rather the temporary or unsustainable fix of inconvenient public transportation or a rental or car pool.
The DriveItAway “Subscribe to Own” app driven vehicle acquisition platform is the only one of its kind to allow potential new hires, without credit or down payment in hand, to drive the car of their choice immediately, enabling ultimate ownership through a “pay as you go” model. With every rental payment, the renter builds equity towards the vehicle down payment, if the renter decides to buy his/her vehicle.
The program fits the needs of the employment market so well today that some employers and contract labor organizations are choosing to subsidize the first few payments for new employees that sign on to work, thought by many to be a more positive and life changing incentive than a one-time bonus payment or other financial inducements now offered.
An article by the John F. Possumato, CEO of DriveItAway, in the December 2021 issue of Automotive Fleet Magazine, “Can Innovative Fleet Practices Provide Solutions to the National Labor Shortage,” suggests that large companies, by redeploying their regular company off fleet vehicles through the DriveItAway program in this way (instead of selling these vehicles in the traditional way through wholesale auctions), can not only help solve the current worker shortage but achieve ESG goals as well.
Any company, large or small, can implement a program that enables new workers to get to work, and at the same time help eliminate the “poverty of the carless” in their neighborhoods with the DriveItAway vehicle “pay as you go” ownership enablement program.
DriveItAway – No cash down, no credit score, no commitment required. The better way to buy a car.
About DriveItAway
DriveItAway is the first national dealer focused mobility platform that enables automobile dealers to sell more vehicles in a seamless way through eCommerce, with its exclusive Pay as You Go app-based subscription program. DriveItAway provides a comprehensive turn-key, solutions driven program with proprietary mobile technology and driver app, insurance coverages and training to get dealerships up and running quickly and profitably in emerging online sales opportunities. For general information, please visit email info@driveitaway.com, or visit www.driveitaway.com.
About Creative Learning Corporation
As disclosed earlier, Creative Learning Corporation (OTCQB CLCN) has entered into an agreement to acquire all of the issued and outstanding common stock of DriveItAway, Inc. Operating under the trade names of Bricks 4 Kidz, Bricks 4 Kidz eLearning LLC and Sew Fun Studios, CLCN offers educational and enrichment programs to children ages 3-13+. Through a unique franchise business model that includes proprietary model builds, curriculum and marketing strategies, the CLCN provides a wide variety of programs designed to enhance students’ problem solving and critical thinking skills. With international locations in 35 countries, we have sparked learning and creativity serving millions of students in our various programs for more than 11 years. www.creativelearningcorp.com
Cautionary Statement Regarding Forward-Looking Statements
This press release may contain forward-looking statements within the meaning of the federal securities laws. Forward-looking statements relate to expectations, beliefs, projections, future plans and strategies, anticipated events or trends and similar expressions concerning matters that are not historical facts. In some cases, you can identify forward-looking statements by the use of forward-looking terminology such as “may,” “will,” “should,” “expects,” “intends,” “plans,” “anticipates,” “believes,” “estimates,” “predicts,” or “potential” or the negative of these words and phrases or similar words or phrases which are predictions of or indicate future events or trends and which do not relate solely to historical matters. Forward-looking statements involve known and unknown risks, uncertainties, assumptions and contingencies, many of which are beyond our control, and may cause actual results to differ significantly from those expressed in any forward-looking statement. Factors that might cause such a difference include, without limitation, whether CLCN will complete the exchange within the timeframe anticipated or at all, whether CLCN will realize any of the anticipated benefits from the exchange, and other risks and uncertainties, including those detailed in CLCN’s Annual Report on Form 10-K for the fiscal year ended September 30, 2020, Quarterly Reports on Form 10-Q for the quarters ended December 31, 2020, March 31, 2021, and June 30, 2021, and its other reports filed from time to time with the U.S. Securities and Exchange Commission (“SEC”). All forward-looking statements reflect CLCN’s good faith beliefs, assumptions and expectations, but they are not guarantees of future performance. CLCN cautions investors not to unduly rely on any forward-looking statements. The forward-looking statements speak only as of the date of this press release. CLCN is under no duty to update any of these forward-looking statements after the date of this press release, nor to conform prior statements to actual results or revised expectations, and CLCN does not intend to do so.
CONTACT INFORMATION:
Creative Learning Corporation
Robyn Ewing
rewing@creativelearningcorp.com
