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 Chicago tote the note dealers, bad credit history often doesn’t matter. How does it work? Chicago dealers that “tote the note” are offering in-house financing, as opposed to using third party lending institutions.
One common problem with Chicago 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, Chicago dealers with tote the note financing often highly inflate vehicle prices beyond fair market value.
The flexibility of payment options at Chicago dealers with tote the note financing are often considerably less than at used car dealerships like DriveTime. Tote the note dealerships typically only accept in-house payments, removing the customer’s ability to leave on extended vacations, move cities or avoid the embarrassment of getting caught by a friend making a payment. Conversely, DriveTime offers a wide range of payment options to meet the unique needs of our customers.
While we love what Chicago tote the note dealers do for those with bad credit history, it’s worth noting that DriveTime may be a better option. While we do not offer tote the note financing in Chicago, we do offer easy approvals, flexible payment options, a good selection of cars and trucks, 30-day/1,500 mile limited warranty, and friendly return policies. These are all options you won’t often find when searching for tote the note financing.
* 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.