Do you need classic car title loans? Use the equity that you have in your classic car. Do you own a classic car, and do you need to get fast money? We will help you get the same-day title loan from us and we love to do classic car title loans. Also, we look forward to helping you use the equity that you have in your classic car. We have helped many people get the emergency money that they needed by using their classic car. Classic car title loans are an excellent way to get thousands of dollars and take care of your financial emergency today. We will give you the most money, we will get you the best monthly payment. Our advance rate on your car is high and our monthly payments are low. All of our title loans have no prepayment penalties, so you can pay us off at any time.
When we talk of title loans, we do not just refer to a title loan on your car or vehicle only. We are also implying that a motorcycle, boat, RV or any form of automotive with an engine can get you a title loan. And when we say; cars, we do not mean only regular cars. We are also saying that even if what you own is a classic car of an old model, you can still get the quick cash you need by getting a classic car title loan from us.
So if you require an emergency loan and all you have in your possession is a classic car or vehicle, Car Title Loans California can still provide you with a classic car title loan service wherever you are in California. Los Angeles, San Diego, Sacramento, Riverside, San Jose, Bakersfield, San Francisco, Orange County or whichever city you are situated in California, there is no discrimination whatsoever on which make, model or age of car whose title you can pawn for a title loan.
So if what you want to get is a title loan on your classic car, and you are wondering if it is even possible to get classic car title loans near you, you’ve landed at the right place. Why allow the wheels of that your classic car rust away in your garage when you can easily turn the title of the classic car into the fast money you seek. At Car Title Loans California, much like a regular car or vehicle title loan, we can give you a title loan when you present the title of the classic car as collateral.
One thing you should know is this; some classic cars are quite valuable than most regular cars. Take a 1963 Chevrolet Impala for example, which is worth more than the modern 2013 Volkswagen Passat SE PZEV in terms of market resale value. You’ll be shocked at how much you can get from an auto title pawn loan when you pawn the pink slip of your classic car for a cash advance in exchange. But before we take you through how classic car title loans work, how you can get a classic car title loan and what you will need to get a classic car title loan, let’s briefly go through how pink slip loans or car title loans work in general.
Car title loans, which goes by other names like; car title collateral loan, vehicle title loans or auto equity loan, is a financing option which gives you (the borrower) access to some money based on how much your car is worth, or how much equity you have in your vehicle.
Your car title or pink slip is considered as your credit in an auto title loan, so your credit score is not a stipulation for getting a title loan. With a clear or salvage title in your name and a car that still has some value in it, you can get a quick cash advance anytime. And if it is equity that you have in your car, you can get an auto equity loan.
Two important factors decide your chances of getting an auto title loan;
Since you will be getting some percentage off your car’s value, your lender will take in to account how much value is left in your car, and of course, your car title to secure the loan. Your income also tells a lot about your financial buoyancy in terms of repaying the loan. So it will be expected that you have a means of regular earning that will ease the loan payment process.
In summary, the auto title loan works as follows;
When you apply, your car will be appraised to determine its fair market value (FMV), then you’ll be issued a quote on how much you can get in the title loan. If this information is okay with you, you will be approved to proceed with the rest of the process. You will then be asked to bring along some papers to expedite the loan collection process. To collect your cash, you will sign an agreement, submit your car title to the new lienholder and receive the title loan in exchange. Classic car title loans work similarly too.
As mentioned earlier, there is no much difference in the way a classic car title loan and a regular ca title loan works. You are borrowing some cash off the value of your classic car without offering your classic car as collateral, but your car title instead. As a type of secured loan, your car title is what secures the loan, indicating your commitment to completely pay off the loan. Here’s how a classic car title loan works; say, for example, what you have in your possession right there in your packing yard is a vintage 1965 Lincoln Continental convertible and its clear title. You will approach a title loan lender near you with this car, the pink slip and a decision to get a title loan on your classic car. The lender will then evaluate your car to reach its present-day value, which is the fair market value of your 1965 Lincoln continental.
This value is reached using the Kelley Blue Book. Once this value is reached, you will be allowed a certain percentage of this amount as the title loan. With Car Title Loans California, this percentage is about 85% max.
This means that if your 1965 Lincoln is valued at say $20,000, you will be offered a title loan worth about $17,000. The amount of money you get stays on the high side depending on the present state of your car. The neater it looks, without accident damages, the more cash you can qualify for. So you see from how classic cars title loans work that you are not getting the exact monetary value of your car as a loan. While it may be a risky venture, this keeps us (your lender) on the safe side.
The focus shifts to you once you have received the cash since you will have to make strategic plans to pay off the title loan on or before the due date or face the risk of getting your car repossessed because of a default. And if your worry is about how you can find the best classic car title loan company close to you, then you are in good hands. Not only have we been in this title loan business for over two decades now, but we also remain the best car title loan company you can find near you in California and its environs.
Similarly, it is easy to obtain a classic car title loan, and it works in three simple stages;
All it takes to qualify for a classic car title loan is your classic car and the title of the car. It does not matter how old the car is. Your classic car might as well be over ten years old but provided the car is classic or vintage and you have its title in your possession, you can qualify to get a classic car title loan with your classic car. Once you qualify for the loan, you have to apply for a classic car title loan. Our title loan officer assigned to you will contact you within minutes after filling an official title loan application to properly guide you through the remaining parts of the process. When you apply, you will be required to present some paperwork for documentation. The documentation process is a quick one, and you will get your cash in the shortest possible time, usually not more than one working day.
The money you get might as well be that 11th-hour solution to the financial burden that’s been plaguing your life, especially If you are in desperate need of emergency cash to take care of an urgent challenge. And the major advantage of this loan option over any other financing alternative with your classic car is that you won’t lose your car, but still get to drive it as usual. Car Title Loans California is the ultimate bus stop for all forms of title loan packages, and our highly efficient title loan reps are fully dedicated to getting you the money you need fast when you opt to get a classic car title loan.
After you apply to get a classic car title loan from us (which you can do online, physically or via a phone call), you will be given the go-ahead to continue with the process of acquiring the title loan. Then you will be required to provide some documents that will facilitate the documentation process. Below are the classic cars title loan requirements you are to make available;
We have our title loan centers scattered around different cities in the state of California, so you must be a resident in whichever location you are applying from with a document to verify how much you earn regularly before you can get the classic car title loan that we offer.
Don’t miss out on your opportunity to escape the depressing feeling that comes with being financially stranded. Apply today for an auto title loan with your classic or vintage car title and get the quick funds you need in one business day.
Contact us today and we will get you the best classic car title loan. We are here to help you.