Do you need to buy a new vehicle without having a bank loan? We are the best spot to look for car lots in Maine that will provide you with tote the note car financing. When dealerships declare “we tote the note,” this in essence means they don’t demand bank loans in order to purchase vehicles from them. So they can offer you a more straightforward vehicle financing solution.
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Financing A Car While Having A Bad Credit Score in ME
Should you have been rejected at least once before, think about finding a dealership who offers Tote the Note car sales. Such dealers regularly accept car financing of last resort to individuals with very bad credit. How? Well, an old-school retailer isn’t going to actually take on an individual for credit. A loan provider in fact will buy the automobile. The new owner’s payments are paid to this loan service instead of the car dealer. Not so at your Maine Tote the Note car dealership.
But like most programs for those who really need to pick a car or truck with rocky credit history, you will find there’s a hitch: Tote the Note financing rates are often more than 10 percent, and sometimes move up to 20-23% if the consumer has suffered a bankruptcy. If you were declined for an auto loan before, then Tote the Note Car Lots might be best for you.