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.
Little Rock 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 Little Rock tote the note dealers may find themselves in unfortunate situations where their used cars wear out before they finish making payments.
While Little Rock 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 Little Rock tote the note dealer, and we also offer flexible financing and several payment options.
While we love what Little Rock 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 Little Rock, 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.