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 Miami tote the note dealers, bad credit history often doesn’t matter. How does it work? Miami dealers that “tote the note” are offering in-house financing, as opposed to using third party lending institutions.
If you’ve had experience dealing with Miami dealers offering tote the note financing, you understand that these offers aren’t everything they’re cracked up to be. While they do allow customers with bad credit the chance to get into a vehicle, they may be doing so with low quality cars and trucks. If you have bad credit history but still want a vehicle with benefits like a pre-purchase multi-point inspection* with an included 30-day/1,500 mile limited warranty, don’t go with Miami tote the note dealers; choose DriveTime!
One of the major drawbacks to Miami 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 Miami tote the note dealer, meaning we will work within the laws to get you into a car with fair financing.
While we love what Miami 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 Miami, 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.
