car title loan cash in Arizona

What Does It Mean To Get Cash For Title?

When you need quick cash for an emergency expense, you can borrow between $300 and $15,00 when getting cash for title. But what does it actually mean to get cash for your vehicle’s title? A title loan allows you to use your lien-free vehicle title as collateral for a lump sum of cash. Lenders like us at Fast Auto Loans, Inc. place a lien on your lien-free car, truck, or van title.

But, of course, there is a lot more you need to know about this kind of loan before you decide it’s the loan for you. So, before you begin the process for a car title loan with us in Arizona, here is some information you need to know. This information will help you completely make sure you understand how to get cash for your title and how our process will go.

Read This Guide To Learn The Car Title Loan Process

What Does Getting Cash For Title Mean?

Like we said, getting cash for title means using your lien-free vehicle title as collateral to secure a loan for emergency expenses. The good thing is, when you come to Fast Auto Loans, Inc., you can qualify for this loan even if you have a less-than-perfect credit history! Plus, with a title loan from us, you retain the use of your vehicle, even while you're repaying the loan.

We are using the title as collateral, so that means we are not interested in keeping your vehicle while you repay the loan. All you have to do is stick to the repayment plan and you're free to use your car as and when you please. All we will do is place a lien on your title and hold onto it while you repay the loan. Once it is repaid, we will remove the lien and safely return your title to you.

cash for title in Arizona

How Much Cash Can You Get For This Loan?

Now you understand what it means to get cash for title, you probably want to establish how much you can actually qualify for with us. Our loan limits run from $300 to $15,000, but the specific number you qualify for depends on the value of your car, truck, or van. To establish your vehicle's worth, we consider the following factors:

  • Car's age — Vehicles often lose up to 60% of their value during the first five years on the road. Don't expect an old model to be worth as much as a new one unless it's a classic car.
  • Vehicle's mileage — Average mileage is between 10,000 and 12,000 miles a year. Anything above that, and your car won't be worth as much as a lower-mileage vehicle.
  • Vehicle's make and model — Naturally, higher-end vehicles like Range Rover, BMW, and Tesla are usually in better condition. This means you’ll likely get more for a higher-end vehicle.
  • Car's service history — Keeping up with regular service says that the car is in as good a condition as possible. Therefore, having an updated service history will increase the vehicle's worth.
  • Vehicle's cosmetic condition — Things like stained seat covers and dents can affect the value of your car, van, or truck. Taking good care of your vehicle means scoring a high loan amount.
  • Car's mechanical condition — We assess its mechanical condition alongside its service history. Keep up with regular oil changes and tire rotations to maintain its value.

What Do You Need To Get A Car Title Loan?

When it comes to getting cash for car title, you need to know what’s required of you. The good thing is our list of requirements is short and simple to remember. When it comes to a car title loan, all you need is your driver’s license or state-issued photo ID, your vehicle’s lien-free title, and your vehicle. Once you have these items, we will be able to help you get through the process quickly.

Your driver’s license or state-issued photo ID proves to us that you are of legal age. You can’t get this loan – or any loan, for that matter – unless you are at least 18 years old. When it comes to the lien-free title, this is what we use as collateral. It has to be free of any outstanding loans and in your name. And the vehicle is for the inspection to help us determine how much you could get.

The Easy Process To Get Cash For Your Title

Now that you know what it means to get cash for title, all that’s left is to start the process. Just fill in the inquiry form and hit submit. It sends your information straight to your nearest auto title loan location with us. We will give you a call once we get your information. During the phone call, we will set up your vehicle inspection for you to either come in or have us meet you.

Whether you come to the store or we meet you, make sure you have the required items ready. We will examine your items and inspect your vehicle to determine if you qualify for approval and for how much. If you are satisfied with the amount, we will go over your loan terms and you will finish the paperwork. Once done, you can get the cash either the same day or the next bank business day.

car title loan process

Submit Your Car Title Loan Inquiry Right Now!

The next time you need emergency money, you know how to get cash for title from us at Fast Auto Loans, Inc. quickly. We’ve made sure you know just how the car title loan process goes with us and what you should expect. So now all you have to do is get started! Just fill out the online form now to get started on our process and get the cash you need today.

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

Emma Frost

Emma Frost is a lifestyle and finance blogger with a talent for communication and a passion for financial literacy. She uses her writing talents to explore topics that help her readers gain financial stability and growth.

Fast Auto Loans Inc

You will be on your way to our store in no time since the call only takes a few minutes. All you need is the following items:

  • Driver’s License or State Issued I.D.
  • Lien-Free Title to Your Vehicle
  • Your Vehicle for Inspection

We also welcome all credit, so fill out our online request form and get started now!

All you have to do to start the process right now is submit our online request form on this page and one of our friendly store associates will call you right back.

When you’re ready to get the emergency cash you need without all the hassles of a traditional loan, Fast Auto Loans, Inc. has you covered. It doesn't matter what has left you in need of cash, because with a car title pawn you could get up to $15,000 today.

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