Title Loan Statistics in Chesapeake, VA
$2,816
Average Title Loan in Chesapeake
$7,188
Average Vehicle Value
10
Loans Funded in 2025
39.2%
Average Loan-to-Value
Based on 10 title loans funded in 2025
Most Common Vehicles for Title Loans in Chesapeake, VA
| Vehicle Make | Avg. Year | Avg. Mileage | # of Loans |
|---|---|---|---|
| Chevrolet | 2010 | 177,540 mi | 2 |
| Toyota | 2010 | 148,000 mi | 2 |
| Ford | 2018 | 100,000 mi | 1 |
| Buick | 2020 | 140,000 mi | 1 |
| Mercedes-Benz | 2015 | 65,315 mi | 1 |
Recent Title Loans Funded in Chesapeake, VA
The table below shows actual title loans funded in Chesapeake, VA. Amounts vary based on each vehicle’s make, model, year, and condition.
| Year | Make | Model | Miles | Funded Amount |
|---|---|---|---|---|
| 2018 | Ford | EcoSport | 100,000 | $2,000 |
| 2021 | Dodge | Charger | 44,000 | $2,500 |
| 2010 | Honda | Accord | 157,000 | $2,432 |
| 2008 | Chevrolet | Silverado 1500 | 200,080 | $3,300 |
| 2011 | Ram | 1500 | 236,000 | $2,400 |
| 2015 | Mercedes-Benz | C Class | 65,315 | $4,900 |
| 2014 | Toyota | Camry | 120,000 | $3,000 |
Frequently Asked Questions About Title Loans in Chesapeake, VA
Yes, and trucks are well represented among recent Chesapeake loans. A pickup is appraised on its year, mileage, drivetrain and bed condition, and the current resale market, and it needs a clear, lien-free Virginia title in your name. The loan is still capped at $2,500 and at no more than 50% of the truck’s fair market value.
The thing to weigh is that the truck is your collateral while you keep driving it, so falling behind puts at risk the vehicle you may depend on for work. If you own another vehicle you could pledge instead, consider it. The final figure comes from a written appraisal, and we disclose the full APR, payment schedule, and total cost before you sign.
The loan continues regardless of weather, so comprehensive auto coverage is the key protection – it generally covers flood and storm damage, while a home policy does not cover your vehicle. Hampton Roads is low-lying and storm-exposed, so confirming comprehensive coverage and a manageable deductible before hurricane season is worth doing.
If the vehicle is totaled, the settlement generally goes first to us as lienholder up to the balance, with any surplus to you. If a storm disrupts your income, contact us before a payment is missed. Virginia requires 10 days’ written notice and a chance to cure before repossession, and an early conversation is the best way to keep your vehicle.
If you are active-duty or a covered dependent, the Military Lending Act sets a hard limit: the Military Annual Percentage Rate, or MAPR, cannot exceed 36%, and that figure includes the loan’s fees, not just the base interest. It also bars mandatory arbitration. Whether any particular title loan can be offered to a covered borrower depends on whether its full MAPR stays within that federal limit, so this is something to confirm carefully rather than assume, and the base legal-assistance office can help you check it.
For service families in Hampton Roads, the better first step is usually the installation legal-assistance and financial-counseling offices, along with military relief societies and credit-union emergency loans, which are built for short-term needs at far lower cost. Separately, the Servicemembers Civil Relief Act limits repossession without a court order during active service and can reduce interest on debts you took on before serving.
