Can I Get More Money on my Title Loan?

    Know Your Car Worth!

    can i get more money on my title loan

    Complete Guide: Can I Get More Money on my Title Loan?

    When tough times hit, the first thought that crosses the mind. Is how to get fast cash for managing things around. You may wonder can I get more money on my title loan? Unlike the traditional loans, title loans make use of the equity in the vehicle to secure the funds.

    Applying for a title loan, you can borrow as much as your vehicle’s worth and ability to repay. There are borrowing limits that guide these loans. Money Title Loans have the maximum and minimum amount you can securely with a title loan that can be as high as $50,000. In addition, there are different loan amounts between the highest and lowest.

    How much can you borrow with online car title loans?

    The answer-apart to the minimum and maximum guidelines depends on a lot of factors. Moreover, when considering how much can I get for my title loan, you must know that the ability to pay. The equity of the vehicle are important factors in deciding how much you will get.

    The vehicle’s title is collateral utilized for securing the loan.  Find out the title loan value of my car here to today and if I can get more money on my title loan?

    Recommended reading: Title Loans Completely Online, No Phone Call!

    How Much Money Can I Get with a Car Title Loan?

    The fund’s value ranges from maximum to minimum and one thing is sure you will get the money matching your requirements.

    Cars, Trucks, Vans & SUV

    Evaluating the vehicle’s worth is not as easy as offering a basic estimate quote. Deciding the car’s value includes a lot of factors such as model, make year, variant, mileage, age, and if your vehicle was salvaged or rebuilt. One resource that you can utilize to get the estimate is the price of the vehicle. Every one of the factors will affect the overall vehicle’s worth and loan amount.

    Make and Model

    A few vehicles are categories in the luxury segment and have a high value. Brands like BMW, Audi, Mercedes, Range Rover, Jaguar, and other high-end manufacturers are specialized in automobiles that offer unique features and robust engine performance. Luxury vehicles may be priced in the six figures when bought new, however, older models will hold great value when compared to other vehicles.

    If you are a proud owner of a luxury vehicle that has impressive mileage and is close to being paid or paid off, then the loan amount will be in five figures. The older luxury models with high mileage have value; older vehicles will be utilized as security on small loan amounts. Every vehicle maker offers different models that range in different price segments and upgrades.


    If the vehicle is in great condition then it will increment its value. If you do not change the oil regularly, rotate tires, or take the car for regular tune-ups and repairs, the vehicle’s mechanical condition will suffer immensely.

    Once the mechanic start to fail, the vehicle’s value will get lower. In addition, the basic and essential repairs can be expensive; however, the major repairs can be a financial burden. This is why routine maintenance is crucial. 

    Scratches, dents, ding, and even damaged interior all affect the vehicle’s worth. While the dented bumper, paint scratches, or messy interior will look like little imperfections, the little details make up the vehicle’s big picture. Even minor flaws will lower the vehicle’s value, and they may indicate poor maintenance and ownership.

    Scratches, dents, dings, and even stained interior all impact a vehicle’s value. While a dented bumper, paint scratches, or a messy interior might seem like small imperfections; these little details make up the vehicle’s big picture. Even minor flaws can lower the value of a vehicle, and they may also indicate poor overall maintenance and ownership.


    Check the odometer details; it will adversely affect the vehicle’s worth. Higher mileage is the indicator of wear and tear on the vehicle. If you are looking for used cars, you will notice that higher mileage vehicles are priced lower. When the vehicle reaches 100,000, owners have to invest in constant tune-ups for keeping the automobile in the finest condition.

    In case the vehicle is new, high mileage will affect the vehicle’s value. In addition, the appearance and age may be perfect; an odometer reading of 150,000 will signal a dropping value for both the vehicle and title loan. The constant services will keep the car in the finest condition; you cannot change the numbers on the odometer. These digits will immensely affect the financial budget.

    Title Type

    The vehicle’s title designation affects the value of the car and approval for the title loan. If the vehicle has the salvage title, the type will affect the title loan value. In a few situations, repairs can be made so that the vehicle passes state inspection and is secure to drive then it will get the branded title.

    A few salvage vehicles are never safe to drive. The salvage title means low value. The vehicle may request for a few dollars or a little bit more, however, lenders will not want to take a risk on these vehicles. The worth of a salvage vehicle is difficult to decide because the bottom line: salvage titles cannot be used to back the title loan.

    What about the title that is clean and not rebuilt, however, has the lien holder- like the real lender? Can these vehicles be considered for the title loan? Yes and No. If you are paying off the taken car loan, you need to qualify for a title loan if there is equity in the vehicle.

    In clear words, you must pay the loan principal. The vehicle’s equity is the difference between the vehicle’s value and the amount of the balance on the loan. Higher the equity, the more money you will get for the title loan.

    Final Thoughts on Can I get More Money on my Title Loan?

    You can get the needed funds by applying online and filling out the application form. Once your application gets approval and verified then the required cash will transfer to your active bank account within the same day of applying.

    Recommended Reading: Can I Obtain a Title Loan for a Car Not Paid Off?