As you search for a used car, you may wonder which of the many Birmingham “tote the note” dealers is right for you. Although they go by many terms, “tote the note” businesses all offer customers with poor or no credit – or those without adequate employment – car loans without the credit or income checks traditional car dealerships impose. These companies show up most often in less fortunate neighborhoods, as this is the demographic they serve.
Birmingham dealers with “tote the note” financing often stock cars whose quality does not match with their pricing. The vehicles frequently show signs of hard and prolonged usage, including excessive mileage, worn-out components, and damage from previous accidents. Customers who purchase cars from Birmingham tote the note dealers may find themselves in unfortunate situations where their used cars wear out before they finish making payments.
One of the major drawbacks to Birmingham 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 Birmingham tote the note dealer, meaning we will work within the laws to get you into a car with fair financing.
At DriveTime, we do our best to provide a large selection of vehicles and financing options, than local Birmingham tote the note dealers. In addition to helping customers obtain affordable and flexible financing, we stock our lot with a great selection of vehicles to choose from. We stand behind our products and service, as evidenced by our DriveTime difference, including a complimentary 30-day/1,500 mile limited warranty and 5-day no-hassle return guarantee.
* 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.