Can You Get a Loan on a Car with a Salvage Title?

August 16, 2019

Most people have heard of Car Title Loans and know that these types of loans are a great option for anyone who needs a loan fast. Car title loans are particularly good for consumers who don't have time to go through the process of getting a traditional loan. They are also ideal for consumers who may not have the best credit score. In fact, car title loans are one of the most popular alternative loan options for so many consumers because almost anyone who has a car title that is free of any liens can get one. That's because auto title loans are not based on your credit score. They are based on the value of your vehicle.


One question that may come up frequently is, "Can you get a loan on a car with a salvage title?" Before we answer this question, let's talk about what a salvage title is. A salvage title is a title you can get for a car that has been damaged. In some cases, an insurance company may have deemed the vehicle a total loss. The criteria for deciding whether or not to issue a salvage title varies from state to state. A salvage title can be issued to a vehicle with problems that are easily repairable, so salvage title purchases are pretty attractive to consumers who want to get a good deal on a vehicle they can simply fix and continue to drive. It's important that anyone who buys a vehicle with a salvage title makes sure the vehicle doesn't have any "hidden" damages. It's often hard to know what you're getting when you buy a vehicle with a salvage title.


Now back to the initial question. Can you get an auto title loan with a salvage title? The answer is yes, depending upon the title company you go to. There are no laws regarding car title loans allowing the use of a salvage title. Whether or not a salvage title can be used for an auto title loan depends on individual auto loan companies. Since a salvage title is typically issued to a vehicle that has been deemed a total loss, getting a car title loan with a salvage title can be difficult. It's not impossible, but it can be difficult. The best approach is to ask about salvage titles when you are applying for a car title loan. Some companies will work with you even if you have a salvage title, although a salvage title can certainly affect the value of the vehicle. This, in turn, can affect the amount of your loan.


At Quick Cash Auto Loans, we work with our customers to ensure they get the loan they need when they need it. There are no credit checks, meaning you can get a loan through us whether you have good credit, bad credit, or no credit. We won't even ask personal questions about why you need your loan. With Quick Cash Auto Loans, you only need a few documents, such as proof of residency, and a valid I.D. There is minimal paperwork, and after we inspect your car, we can issue you a loan immediately. The good news is, you won't even need to leave your car with us to get your loan. We know that you still need to be able to go to work and continue to do your daily routine, so all we need is your title, not your car.

Do you have a rebuilt title? A rebuilt title is a title that was once a salvage title, but the vehicle in question has been repaired so it is road-worthy. Quick Cash Auto Loans can issue a car title loan on a rebuilt title. To get an auto title loan using a rebuilt title, all you need to do is bring in the same documents you would with any title. Our goal is to ensure you get the loan you need when you need it, even if you have a rebuilt title.


Are you in need of a loan fast? At Quick Cash Auto Loans, we make it easy for you to get the loan you need without the hassles associated with traditional lenders. We have loan experts standing by to assess your vehicle and get you your loan now, regardless of your credit score or why you need the money. Call us at (786) 600-3411 or fill out the handy form here on our web site. You can also visit us in person. We will be happy to answer any questions you may have regarding a car title loan. Don't let hard times get you down. Trust Quick Cash Auto Loans to get you back on your feet today.

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