man considers how much he can get a title pawn

What Is The Most You Can Get On A Title Loan?

When facing a financial emergency, you must find quick cash to tackle your urgent expenses. You can turn to a Georgia title pawn for help in these desperate times. 

The amount of money you can get from a title pawn depends on two things — the value of your vehicle and our loan limits. The higher your car is worth, the more you can borrow. However, the sum will never exceed Georgia Auto Pawn, Inc.'s lending limits.

With that in mind, we're about to uncover our exact limits and how we determine the value of your vehicle to help you estimate the amount you may be offered.

The Maximum Amount Of Money You Can Borrow With A Title Pawn

As mentioned, the absolute maximum depends on our lending limits. At Georgia Auto Pawn, Inc., we cap our title pawns at $15,000 to cover minor and major emergencies. 

Naturally, you may not be eligible for $15,000, but always think twice before accepting it, even if you are. When taking out a title pawn, it's essential to request only the amount you need to cover your emergency — more than that, and you'll unnecessarily repay a large sum.

How We Determine How Much You Can Get

To figure out how much you can borrow, we evaluate the worth of your car, truck, or van. The higher its value, the higher your title pawn limit.

The factors below influence your vehicle's worth, so we'll go over each one in-depth so that you can estimate your car's value.

woman considers how much she can get on a title loan

1. Make And Model

Generally speaking, people consider the make and model to impact the worth the most. After all, luxury brands like BMW, Lexus, and Mercedes-Benz hold value far better than non-luxury counterparts due to their higher-quality construction, features, and reputation. 

Beyond the luxury brands, cars that are sought-after but have limited supply tend to have a better resale value. Think rare sports cars. 

2. Age

Typically, the younger your car (i.e., the more recently it was manufactured), the more it is worth. For instance, a 2023 Ford Mondeo will have a higher price tag than a 2015 Ford Mondeo. 

However, this is only sometimes the case. Vintage and classic cars appreciate over time. These vehicles are often worth more than their newer cousins, provided they are in good condition.

3. Mileage

Mileage is an indicator of wear and tear. It's the first thing car buyers consider when searching for their next set of wheels. As such, it's incredibly influential on the value.

The industry characterizes mileage like this:

  • High mileage — above 12,000 miles per year
  • Average mileage — between 10,000 and 12,000 miles per year
  • Low mileage — below 10,000 miles per year

Vehicles with lower mileage have undergone less wear and tear, so they fetch a higher price. So, a two-year-old Mondeo with 20,000 miles on the clock will be worth more than a two-year-old Mondeo with 45,000 miles on the clock. Higher mileage tends to spark questions about the vehicle's longevity, decreasing the price.

4. Condition

The condition of all vehicle parts plays a part in its worth. It isn't just about whether it runs well but also about its internal health and physical appearance. Torn upholstery, malfunctioning electronic dashboards, scratches, knocking sounds, and dents lower your car's value. 

To get the best possible price, ensure your vehicle is well-maintained mechanically and aesthetically. You'll be surprised by the difference it makes.

woman with title pawn cash

5. Modifications

Aftermarket alterations, like stereo speakers, rear spoilers, and large wheels, tend to decrease the vehicle's value. They add worth Only in ultra-rare cases, and there's a good reason for this.

Buyers need to find out how well the modifications were installed. Plus, your version of appealing might differ from mainstream ideals, lowering the price.

Interestingly, even the exterior color can play a role in the value. While it doesn't significantly impact the price, standard colors (e.g., blue, silver, and grays) sell faster than browns, purples, and oranges.

6. Optional Extras

Add-ons and options can be hit or miss. However, those that hold their value better than others are all-wheel drives, panoramic moon roofs, and diesel engines. Premium sound systems the manufacturer provides, and leather seats raise your vehicle's worth, too.

Get A Title Pawn from Georgia Auto Pawn, Inc. Today!

You can borrow as much as $15,000 from a Georgia Auto Pawn, Inc. title pawn. However, the precise amount of money you can gain depends on the value of your vehicle, which is figured out by assessing optional extras, modifications, condition, mileage, age, and make and model. The more it's worth, the more you can borrow — ensure you don't request more than you need.

You can kickstart the simple process by completing our easy-to-understand online form. We'll give you a call to walk you through each step.

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

Louis Tully

Louis Tully is a full-time finance writer offering financial expertise to everyday consumers. He understands the core values of finance and used his writing talents to share his own experiences with money to his readers. His articles teach how financial failures can easily become successes by making new habits and creating realistic goals.