How Much Money Can You Get with Online Auto Title Loans?

When an unexpected bill pops up, having access to quick funds makes all the difference. Online auto title loans from Texas Car Title and Payday Loan Services, Inc. may give you a fast way to handle emergency costs by using your vehicle as collateral. But the big question most borrowers want answered first is simple: How much can you actually borrow?

Below, you’ll find what affects your loan amount and what to expect during the process.

How Much Can You Borrow with an Online Auto Title Loan?

The amount you can borrow with an auto title loan largely depends on the value and condition of your vehicle. If your car is in good condition, you may be able to borrow up to $15,000. The specific amount you can get is determined by assessing your vehicle's market value. To find out exactly how much you qualify for, you can contact one of our dedicated title loan representatives at any of our Texas title loan store locations.

A representative will either meet at a location of your choice or have you come into the store to quickly look your vehicle over and check its condition. Don’t worry about the inspection because we are just making sure there isn’t any major damage that is currently bringing down the vehicle’s resale value or preventing it from working properly. This means that the inspection won’t take up a long time. The representative will then let you know how much we could lend you.

Factors That Determine Your Loan Amount

Your loan amount isn’t based on just the make and model. Several factors play a part, including:

• Vehicle age
• Mileage
• Mechanical condition
• Exterior and interior condition
• Resale value based on a nationally recognized pricing guide

Newer vehicles and well-maintained models typically qualify for higher loan amounts. Older vehicles in poor condition may still qualify, but the loan amount will likely be lower.

Does Applying Online or In-Store Offer Different Loan Amounts?

No, whether you apply online and have us come to you, or you come to the store to do the quick vehicle inspection, you will get the same amount offered to you. You might be wondering why it doesn’t cost more to have an agent come to you, rather than having to drive to a store yourself, but the answer is that we cover this cost to maximize your overall customer convenience. We want this to be a positive experience and for you to get the answers you need.

This means if you would rather meet at a coffee shop or even at your house or place of business, you can do this! You will still be eligible for the same amount of money as you’d get if you were to come to us. We understand that applying online and having us come to you is the easier option, and although you do still need to see a loan representative in person to have your vehicle inspection done quickly, you might prefer this approach.

Eligible Vehicles for Online Auto Title Loans

Not all vehicles qualify for auto title loans.  We offer online auto title loans for a variety of vehicles, including:

• Pickup trucks
• Cars
• SUVs
• Minivans

 Unfortunately, motorcycles, boats, ATVs, and trailers do not qualify. If you’re unsure whether your vehicle is eligible, feel free to contact our team for clarification.

Why Choose Online Auto Title Loans?

Applying for an auto title loan online offers several advantages:

• Convenience: Complete the application from the comfort of your home.
• Speed: Get fast approval and access to funds, often on the same day.
• Flexibility: Have a loan representative meet you at your home, workplace, or preferred location for the vehicle inspection.

If you want to understand the process more clearly, you can also review our guide on how title loans work in Texas.

Apply For Online Auto Title Loans Today

If you’re facing an urgent expense and need to find out how much you can borrow, online auto title loans may provide the solution. Texas Car Title and Payday Loan Services, Inc. offers a streamlined process, whether you prefer applying online or speaking with a representative in person.

Depending on your vehicle, you may qualify for up to $15,000, and getting started only takes a few minutes. Simply complete the online form or call your nearest location to begin.

 

Note: The content provided in this article is only for informational purposes, and you should contact your financial advisor about your specific financial situation.