As you search for a used car, you may wonder which of the many Richmond “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 Richmond 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, Richmond dealers with tote the note financing often highly inflate vehicle prices beyond fair market value.
While Richmond 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 Richmond tote the note dealer, and we also offer flexible financing and several payment options.
Considering applying for tote the note financing in Richmond? Experience the refreshing difference DriveTime has to offer. We multi-point inspect* every vehicle pre-purchase that we sell and back them up with a 30-day/1,500 mile limited warranty and 5-day no-hassle return policy. Our financing options rival Richmond tote the note dealers with easy and affordable payment arrangements. Before you know it, you’ll be driving home in the car of your dreams and building upon your credit history.
* 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.