How To Get A Title Loan On A Classic Car
For people who collect classic cars, it’s more than just a hobby. Most people who collect these vintage cars put their time, energy, and money to completely restore and upgrade their classic vehicle. It’s true dedication!
We understand that seeking financial help is not always ideal and using your classic vehicle to get a loan can be scary for some. But with Montana Capital, you’re in good hands.
So how does a classic car title loan process work? Here are the basics:
- As with other types of title loans, a classic car title loan starts with your application. We will ask for some basic information and your vehicle’s info.
- We will provide you with a free quote after we run your info through our system.
- Once you’re approved for a loan, you’ll need to surrender the vehicle’s title.
- As with all of our title loans at Montana Capital, you keep your car while making regular monthly payments.
How Much Money Can I Get on My Vintage Car?
When you apply for a title loan with us, it’s important to borrow the minimum amount that you need, so you can afford to pay it back. While sometimes it can be tempting to borrow a higher amount on the loan, using such a valuable asset such as a classic car, might not be the best idea. With a higher loan amount, your interest payments will be higher as well.
Taking out a classic car title loan is a great option if you need a quick loan to pay for emergencies such as overdue bills or rent.
Our classic car loan amounts range from $2,500 to $20,000, in most cases. The loan amount is determined by the value of your classic car, and the value itself depends on the vehicle’s condition, mileage, age, and various other factors.
Loan terms are typically between 24 months and 36 months, but it can vary widely.
While with most banks you can wait a few days to get a loan, we can help you get the money fast so you can take care of your finances!
Get Same Day Cash on Your Classic Vehicle!
It’s not easy to get emergency funding, especially for people with low credit. Our classic car title loans can get you the same day funding that you need.
At Montana Capital, we make it simple and fast to get same day funding:
Call us today or apply through our secure website application to get started on a classic car title loan. Remember, for any questions you may have, our loan experts at Montana Capital are there to assist you!