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 Lexington tote the note dealers, bad credit history often doesn’t matter. How does it work? Lexington dealers that “tote the note” are offering in-house financing, as opposed to using third party lending institutions.
Lexington 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 Lexington tote the note dealers may find themselves in unfortunate situations where their used cars wear out before they finish making payments.
While Lexington dealers with tote the note financing offer financing opportunities to those with bad credit, it often comes at the expense of high interest rates and low quality vehicles. At DriveTime, we do not associate as an Lexington tote the note dealer, and we also offer flexible financing and several payment options.
While we love what Lexington 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 Lexington, 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.