Ever heard the phrase, “tote the note”? Wondering what those three words mean? Tote the note is another phrase for a “buy here pay here dealership”. Basically, when you purchase a car from a tote the note dealer, you finance and pay for the car with the dealer directly (or their affiliated finance company) rather than going to a third party like a credit union or bank. This is helpful to many buyers as they can quickly get answers on what they qualify for upfront before shopping for their next vehicle. Additionally, tote the note dealers are open to financing buyers of many different credit backgrounds, making it possible for those with low credit scores or even no credit buy a car.
If you are new to the “tote the note” world, you’ll likely have many questions come to mind. To help you prepare for your next discussion with your tote the note dealership, here’s a list of helpful questions you may want to ask:
At U.S. Auto Sales, we are honored to help drivers with a diversity of credit and financial backgrounds secure the loan they need for their next vehicle at affordable rates. If you are ready to shop for your next car and want to enjoy the many benefits of a tote the note dealership, apply for financing with us today!