Car Title Loans For Older Vehicles

With classic car title loans, you can use a classic vehicle or any older car with value as collateral for a title loan. Many vehicles are now considered classic cars because they are at least 25 years old, and some of these cars and trucks are worth far more than newer vehicles. That's because these cars are considered collectible, and even though they may be old, they hold their value very well. Older vehicles can qualify as classic cars, and you can tap into significant equity with a secured loan.


What Is Required To Get A Title Loan On A Classic Car

The requirements for fast online title loans on an older or classic car are similar to those for a typical car title loan. The vehicle has to have enough equity, and you have to own the car outright! We'll need to verify your income with payment stubs or bank records, confirm your registration and insurance coverage, and there's a good chance you'll need to bring in the car for an in person inspection.

The requirements may vary with different state regulations, but most older cars 25 years or older can qualify as collateral for a loan. You can use a classic car title loan to get cash with an early model Corvette, Mustang, or truck that has value! Most applicants who own classic vehicles keep them in excellent condition, and you'd be surprised at the value of some cars from the '60s and '70s.


What Is The Process To Apply For Auto Title Loans On Older Cars

The classic car title loan application process is similar to applying for an auto title loan for another vehicle. Apply directly online with Highway Title Loans, call us at 877-433-5454, or meet with a local lender in your neighborhood. You can also use one of our title loan calculators to estimate your loan amount, monthly payment, and repayment term.

Highway Title Loans is ready to take your online application for a class car title. We'll let you know in 5 minutes whether or not you qualify. After that, we'll underwrite your loan details, and there's a realistic chance you can get cash for your classic car that same day!


Classic Car Title Loan Amounts

We often see higher loan amounts for classic cars and vehicles older than 15 years in good condition. This happens because cars still have value, and you may get more money than someone with a beat-up newer vehicle with high mileage who applies for a title loan without a credit check. The vehicle's equity is determined by the car dealership, vehicle expert, or appraiser looking at your vehicle to determine its value. For example, someone looking for a classic truck title loan can qualify with up to $15k in equity even if their truck has 100k original miles! All that matters is what the vehicle is worth on the resale market. If your truck or classic car has equity, you can get cash with an online title loan!


Classic cars can qualify for a title loan of $2,000 or more!


How Long Is The Payment Term For A Classic Car Title Loan

Classic auto title loans are similar to other financing terms we see with online title loans, and you should expect a payoff time of 6 to 36 months. The repayment term may vary depending on state regulations, but you should have more time to repay the balance than a typical title loan. We can offer shorter repayment options for your convenience, but we do not recommend taking out a classic auto title loan if you don't have the means to make monthly payments.


Auto Title Loans For Cars Older Than 30 Years

Model year vehicles that are 1990 or newer will not qualify for a classic car title loan and instead will funded based on traditional car title loan underwriting. Larger cities, like Atlanta or Albuquerque, have more funding options, but that doesn't mean you will always get approved using an older vehicle as collateral. We typically see loans approved for classic car title loans, and the underwriting requirements for these secured loans are similar to what we see for most other title loans. The bottom line is that you should qualify as long as you have equity and the car is worth more than $4,000!


Apply For A Classic Car Title Loan With Highway Title Loans

Highway Title Loans works with all types of customers, including those with traditional vehicles and classic cars! Apply online or call 877-433-5454 to borrow $2,500 or more with a classic car title loan!


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