Individuals who have had credit problems – or who have not yet established credit – may consider Little Rock dealers with “tote the note” financing for their next car purchase. These establishments often advertise themselves as “Buy Here, Pay Here” dealerships, where customers can make payments directly to the seller. Often, “tote the note” dealers set up in low-income neighborhoods where people are most likely to have credit or income difficulties, as these consumers are prime “tote the note” customers.
While they are a welcome relief for those with bad credit, it’s often difficult to find high quality vehicles at Little Rock tote the note dealers. That’s because they usually reserve the lowest tier vehicles for tote the note financing, despite their supposed trust in the fiscal responsibility of customers. At DriveTime, we offer better deals than tote the note financing in Little Rock. We provide quality cars, quality selection, and quality deals.
One of the major drawbacks to Little Rock dealers with tote the note financing is a serious lack of flexibility. While they do offer deals to those with bad credit, they are usually on horrible terms. That’s because they typically only accept in-house payments with high interest rates. At DriveTime, we are not a Little Rock tote the note dealer, meaning we can work with third party financing companies to find you the lowest payment available.
While we love what Little Rock tote the note dealers do for those with bad credit history, it’s worth noting that DriveTime is a better option. While we do not offer tote the note financing in Little Rock, we do offer easy approval, flexible payment options, high quality cars and trucks, good warranties, and friendly return policies. These are all options you won’t find when searching for tote the note financing.