How Much Can I Get For A Car Title Pawn In Georgia?
November 5, 2021 | Emma Frost
A lot of people consider a car title pawn as a way to borrow cash for emergencies. Just how much can you borrow with a car title pawn, though? Let us explain.
Do bear in mind that we will not be able to tell you exactly how much cash is available in your particular situation. The only way to find out how much you can pawn your vehicle's title for is to start the inquiry process with us. This is because the amount of cash available will be highly dependent on the borrower and their vehicle.
What Is A Car Title Pawn?
An auto title pawn allows you to borrow cash against the title to your vehicle. Essentially, your vehicle's title is being offered up as collateral for the pawn.
Contrary to popular belief, with an auto title pawn, you do not lose access to your vehicle. When you pawn your title with Georgia Auto Pawn, Inc., you will be able to leave our premises with your vehicle. We just keep hold of your title while you repay the cash that you borrow. Due to the way in which a pawn works, all credit types can be considered.
How Much Can Georgia Auto Pawn, Inc. Lend Me?
Georgia Auto Pawn, Inc. offers title pawns of up to $15,000. The actual amount of cash that you might be able to receive depends on the condition of your vehicle and its market value.
How We Determine The Value Of Your Vehicle
There are a few factors that will determine how much cash is available to you. The most important consideration is how much your vehicle is worth. Obviously, if your vehicle is only worth a couple of hundred dollars, you won't be able to borrow $15,000.
When you look for a car title pawn with Georgia Auto Pawn, Inc., your vehicle will need to undergo an inspection. This will either be carried out at a location of your choosing or at your closest Georgia Auto Pawn, Inc. location.
During the inspection, we will use a nationally recognized pricing guide to determine how much your vehicle may be worth. This is the maximum value of your vehicle. This value will be (roughly) what the expected value of a vehicle on the used market would be.
The vehicle inspector will also check whether there are any issues with the vehicle that may result in it being worth less. For example, if there are repairs that need to be carried out, or if there are bodywork issues. There is no pricing guide for this. Instead, our experts will use their own personal knowledge on how the price of a vehicle may be impacted by these issues.
Your Personal Circumstances
When we say that we accept all types of credit, we literally mean it. Bad credit won’t disqualify you automatically from getting your loan. We may, however, perform a soft credit check which does not affect your credit in any way. Its purpose is to pre-qualify you for an offer.
You will undergo these checks when your vehicle is brought in for inspection. Once we have considered the value of your vehicle and your personal situation, we will be able to determine how much cash you can get from your title pawn.
Considering A Car Title Pawn? Look To Georgia Auto Pawn, Inc.
Georgia Auto Pawn, Inc. makes the auto title pawn process simple. Depending on your vehicle and situation, you can pawn your title for up to $15,000.
The inquiry process can be started online or by giving us a call. Remember, you will need the following to hand if you wish to pawn the title to your vehicle:
- A lien-free title to your vehicle
- A government-issued photo ID
You will not be required to provide details of your income. However, you will need to think about whether you have the ability to cover the cost of the pawn.
After you have filled in that form, a representative from your local Georgia Auto Pawn, Inc. will give you a call. We will ask a few further questions and check that you have all of the required documents. If we believe we can help, you can either come to your local Georgia Auto Pawn, Inc. location or decide on a location that we can meet you at.
When you meet us in person, your vehicle will undergo an inspection. This way, we will know how much you can pawn your title for. We will also carry out a few additional checks on you. If everything is in order and you can pawn your title, you will be asked to sign a few forms. You can receive your cash as soon as the same day. You do not need a checking account to get a title pawn with Georgia Auto Pawn, Inc. We have alternative methods to provide you with your cash.
Start The Inquiry Process Today
If you want to find out how much cash you can receive with a car title pawn, start the auto title pawn inquiry process with Georgia Auto Pawn, Inc. today. All you need is to fill out an online title pawn form on our website – and our representatives will gladly assist you with your request.