For those of you with bad credit history, shopping for a car or truck is difficult. While you may find a vehicle that fits your budget, it can be difficult to convince a dealership of your financial responsibility. At Baltimore tote the note dealers, bad credit history often doesn’t matter. How does it work? Baltimore dealers that “tote the note” are offering in-house financing, as opposed to using third party lending institutions.
One common problem with Baltimore tote the note dealers is the quality (or lack thereof) of the vehicles they stock. Often, these cars carry high mileage and suffer from significant maintenance and repair issues. They may have been reconstructed after severe accidents and present alignment or other structural issues. However, Baltimore dealers with tote the note financing often highly inflate vehicle prices beyond fair market value.
One of the major drawbacks to Baltimore dealers with tote the note financing is a serious lack of flexibility. While they do offer easy financing to those with bad credit, they are usually accompanied by shady terms. That’s because they may be skating around financing regulations set by the government to protect you, the consumer. At DriveTime, we are not a Baltimore tote the note dealer, meaning we will work within the laws to get you into a car with fair financing.
Considering applying for tote the note financing in Baltimore? Experience the refreshing difference DriveTime has to offer. We multi-point inspect* every vehicle pre-purchase that we sell and back them up with a 30-day/1,500 mile limited warranty and 5-day no-hassle return policy. Our financing options rival Baltimore tote the note dealers with easy and affordable payment arrangements. Before you know it, you’ll be driving home in the car of your dreams and building upon your credit history.
* DriveTime is not able to make safety recall repairs, so vehicles may be subject to open recalls. Visit http://www.safercar.gov/ for more information about recalls.