Title Loan Activity in the 34243 Area
10
Loans Funded
$4,087
Average Loan Amount
2014
Average Vehicle Year
Recent Loans Near 6101 N Lockwood Ridge Rd a
| Year | Make | Model | Miles | Funded Amount |
|---|---|---|---|---|
| 2010 | Cadillac | SRX | 137,579 | $2,100 |
| 2020 | Hyundai | Santa Fe | 114,000 | $2,100 |
| 2001 | Audi | TT | 135,000 | $825 |
| 2013 | Honda | CR-V | 128,564 | $1,824 |
| 2005 | Pontiac | Montana | 153,000 | $575 |
Actual loan amounts vary based on vehicle condition, mileage, and state regulations.
Most Common Vehicles
Toyota ($9,093 avg), GMC ($5,093 avg), Cadillac ($2,100 avg)
Know Before You Borrow in Florida
- Interest rate cap: Tiered: 30% per year on first $2,000; 24% per year on $2,001-$3,000; 18% per year above $3,000
- Loan range: $250 to $10,000 (typical market range)
- Repayment term: 30-day term, extendable for additional 30-day periods
- Regulated by: Florida Office of Financial Regulation (OFR)
For complete Florida title loan regulations and consumer protections, visit our full Florida guide.
Quick Answers About Title Loans in Sarasota
Yes. Trucks and SUVs often qualify for higher loan amounts due to their value. Near 34243, a 2012 GMC Sierra 3500 with 246,607 miles was approved for $5,093. Bring your truck or SUV title to get a free estimate.
In the 34243 area, title loans have ranged from $575 to $16,593, with an average of $4,087 across 10 loans funded. The largest recent loan was $16,593 for a 2022 Toyota Camry. Your amount depends on your vehicle’s value and ability to repay.
No. Once your title loan is funded in Sarasota, you can use the money however you need. Common uses include emergency expenses, bills, medical costs, home repairs, and other urgent financial needs. There are no restrictions on how the funds are spent.
Yes. Title loans in Florida are fully legal and regulated. The Florida Title Loan Act (Chapter 537) covers rate caps, repossession rules, required disclosures, partial payment rights, and the prohibition on prepayment penalties.
