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Can I Get Title Loans for Classic Cars?
Do you need fast cash to handle an unexpected expense? You don’t need to sell your classic or vintage car to get your finances back on track! Car enthusiasts can apply for title loans for classic cars and access emergency cash by borrowing against the value of their qualifying vehicles!1
In order to qualify for title loans for older cars, prospective borrowers will need to meet a few requirements. First, you must be of legal age to apply for a title loan and have a sufficient amount of equity in your classic or older vehicle. Therefore, you want to make sure that your car is in good condition and has a high market value. Many classic cars have retained a significant amount of resale value over the years, such as the Chevrolet Camaro, Ford Mustang, and Porsche 911 GT.
Additionally, to get a car title loan for an older car, you will need to pledge your car’s title as collateral for the loan. At the time of your application, you must have a car title in your name and in your possession. The last requirement is that you must be able to provide evidence of a steady source of income. You’ll only be able to obtain a high loan amount if you can prove you have the ability to repay the loan! Keep in mind that a good credit score is not required to get approved for title loans for older vehicles.
When you need fast funding, a title loan application process that is quick and easy can be a lifeline. Through ChoiceCash title loans serviced by LoanMart, you can apply for fast cash online and get your money in as little as 24 hours if you qualify. You can expect helpful title loan agents to guide you through the entire process and answer any questions you may have about applying for online title loans for classic cars.
How Much Money Can I Borrow Through Classic Car Title Loans?
While you may think your classic car is priceless, you are likely wondering how much money you can receive by applying for classic car title loans online. Your vehicle is the key to unlocking cash through a classic car title loan, so if your car is in great condition and is a rare make or model, you may be able to get more money than you originally thought you would be able to through a title loan. Your loan amount is largely based on your income and the value of your older or classic vehicle.1
During your application, you will be asked to provide information about your car’s make, model, style, year, and current mileage as listed on the odometer reading. All of these factors affect the value of your vehicle and, in turn, will affect how much you can borrow through an old or classic car title loan! Accessing up to half of your car’s total value through this secured loan option can be possible depending on your ability to repay the loan. The simplest way to find out how much you can get through a title loan on a classic car is to use the online calculator. If your vehicle’s model year is not listed on the online calculator, or if you prefer to apply over the phone, please call 855-422-7402 to speak with a ChoiceCash title loan officer!
What Makes and Models Qualify for Classic Car Title Loans?
Classic cars are vehicles over 20 years old that are often rare or have some historical significance. Antique cars are over 45 years old and vintage cars are specific makes and models that were produced during 1919 -1930, such as the Ford Model T.
It’s worth mentioning that some title lenders do not lend against classic or older cars because of their vehicle age requirements. Therefore, if your vehicle is more than 15 years old at the time of your application, you may not be approved for a title loan by such lenders.
Your vehicle’s age will not be an issue when you apply for a ChoiceCash car title loan serviced by LoanMart! You don’t need to have a specific make or model to qualify for ChoiceCash title loans for classic cars. As long as the vehicle has sufficient positive equity and is both registered and properly titled, it can qualify as collateral for an auto title loan online.1
If you have questions about what kinds of vehicles can qualify for ChoiceCash car title loans for classic cars, feel free to call the toll-free number to reach a loan officer.
How to Apply for Online Car Title Loans for Older Cars?
If you need emergency cash, the best place to get a car title loan can be online because the application process can be faster than applying for a loan in person. Here’s a closer look at the three basic steps you must complete to apply for ChoiceCash car title loans for older cars online:1
- Submit an Application Online or Apply Over the Phone With a Loan Officer
- If You Are Prequalified, You Must Submit Paperwork to Verify Your Information
- Sign Your Agreement and Get Your Money in as Little as 24 Hours if You are Fully Approved for a Classic Car Title Loan!
The documentation you will need to apply for a title loan on a classic car is very straightforward and the submission process can be simple. You will need to have a classic car title in your name, along with recent pictures of your car and proof of income and residence. A valid, government-issued photo ID card will also be required to verify your identity and age during your application. Your paperwork can be conveniently submitted through the online portal or sent to a loan officer through email or text message.
Don’t hesitate to apply for the emergency financial assistance you need through title loans for classic cars. Even if you have an older vehicle, you still have the chance to apply for a ChoiceCash title loan serviced by LoanMart! If you want to start your application online and get an instant title loan quote at any time of the day or night, you can complete a quick prequalification form. Answer a few questions about your classic car and immediately find out if you are pre-approved for emergency funding!
Why Choose ChoiceCash Title Loans for Classic Cars?
The advantages of a ChoiceCash title loan can extend beyond access to emergency funding. If you are thinking about applying for a ChoiceCash car title loan on your older car, you can expect to receive exclusive perks, including the following:1
- Flexible Repayment Options: If you are eligible for a ChoiceCash auto title loan serviced by LoanMart, you can choose between a few different ways to repay your loan! You can set up automatic payments from your checking account, or pay online through the online portal.
- Competitive Interest Rates and No Hidden Fees: By qualifying for ChoiceCash car title loans for classic cars, eligible borrowers can get competitive interest rates and flexible loan terms. During the repayment process, there will be no balloon payments, prepayment penalties, or any hidden fees related to your loan!
- Excellent Customer Service and Support: The customer service agents you work with during the application and repayment process can significantly impact your loan experience. Fortunately, when you apply for a ChoiceCash title loan serviced by LoanMart, you can expect to encounter title loan officers who strive to be both knowledgeable and helpful!
Why wait to find out if you qualify for the fast cash you need? Complete a short questionnaire online or call 855-422-7402 to apply for ChoiceCash classic car title loans today.1
