Looking to get a title loan on a classic car?
Money Title Loans got you covered if you want classic car title loans for your precious antique vehicles. We work hard and help every person wanting quick financial assistance despite having bad credit. Our old car title loans are accessible for every complete vehicle 25 years or older despite their condition.
Can I get a title loan on an old car? We are the best title loan lenders with the best customer service. Our interest rate is the lowest in the business even if you have a bad credit score.
Based on the condition and value of the vehicle you can get classic car title loans from $1000 to $50,000.
The old car title loans are designed similar to other auto title loans, however, with a few differences. Making a loan on what can be considered a classic car determines that our policies regarding other title loans. Such as whether or not the car runs. The condition of the vehicle both mechanically and physically, etc, do not follow here.
Vintage cars have value running or not running. Money Title Loans are there to offer instant title loans making things easy for you. Continue to read to find more!
Most think, why someone will offer the funds for the non-running car as collateral? This does not make sense. If this was you, you are wrong!
The fact of the matter is in these situations these cars still have value. Sometimes great value, and this value is all we are searching for when offering the loan.
How much cash will I get for the vintage vehicle?
At the time you choose a title loan from us, this is crucial to borrow the lowest amount you required. We want to make sure you can afford to pay it back. Moreover, it can be tempting to borrow a higher amount of the loan, utilizing such a valuable asset as a classic vehicle, may not be the best idea.
With the higher loan amount, the interest payments will be higher too.
Applying for a classic car title loan is the best option if you want the instant loan to pay for emergencies such as pending bills or outstanding debt. The old car title loans range from $1,000 to $50,000, and the value itself depends on the vehicle’s state, mileage, age, and other factors.
Recommended reading: Can you Get a Salvage Title Removed?
Reasons why you can leverage the classic car for an old car title loan
At the time of looking for fast cash, they may not be able to get the cash they require from financial institutes. The traditional lending alternatives usually take a long time and have rigid documentation process than money people could afford.
We take pride in our work ethic to help those people searching for fast cash. We have a big client base belonging to different walks of life and all financial conditions, and we try to work with people who have poor credit or changing income because of self-employment.
With the less traditional lending option of an auto title loan, we can approve clients based on eligibility criteria such as the present street value of the vehicle and ability to repay the taken loan.
As long you have a stable income source we are there to approve classic car title loans on your vintage vehicle. This will involve if you are on disability, social security or if are retired. We have been able to fund individuals with different diverse conditions in the past and we may be able to assist you too.
Quick title loan process
The application process is easy and simple to assist our clients that save time and is important when you are facing financial issues. We have made it so easy that you can apply it from a laptop or any other device.
Getting a big amount
The loan is based on the vehicle’s worth. Many times, the old car will have more equity than the new car based on things such as mileage, fuel usage, and maintenance. We get the assessment of the vehicle to decide the amount we will offer.
We also consider the value of the vehicle based on the Kelly’s blue book. Apply online to get fast cash!
Get fast cash
We have a very fast process to assist you at the earliest. Moreover, banks make you wait for days and follow a lengthy process to approve. We have made things easy and you will get the cash at the earliest without waiting for days.
We make the ability to repay the loan very easy. Unlike other title loan companies that have high annual percentage rates for their short term loans.
Money Title Loans is the Perfect Choice!
Choosing old car title loans is considered to be the ideal financial option if you want to borrow a big amount, as a classic car can be worth more than a regular vehicle. If you own more than one car, you can apply with each of them for finding out which one helps you in getting the required funds or more.
The value of title loans will differ depending on the classic car’s condition. In addition, the amount of money a person borrows cannot exceed the worth of the automobile. Once they have their loan and are ready to pay it back, they can make payments scheduled or are welcome to pay back what they owe early.
There are no prepayment penalties on any of our loans. It determines that you can pay back the loan much earlier than planned and save big amounts of money by ignoring the extra interest.
This is smart to know that even a borrower may be able to get a higher title loan on a classic car that may have great worth in it does not state they should apply for a bigger loan. One must always ensure before borrowing that they can pay back the taken loan within the given time frame. One right thing is that your monthly spending on the loan payments put together must not exceed 50% of the regular income.
Recommended reading: Difference between Title Loans and Title Pawn