As you search for a used car, you may wonder which of the many Miami “tote the note” dealers is right for you. Although they go by many terms, “tote the note” businesses all offer customers with poor or no credit – or those without adequate employment – car loans without the credit or income checks traditional car dealerships impose. These companies show up most often in less fortunate neighborhoods, as this is the demographic they serve.

One common problem with Miami 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, Miami dealers with tote the note financing often highly inflate vehicle prices beyond fair market value.

While Miami 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 Miami tote the note dealer, and we also offer flexible financing and several payment options.

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.