Would a bank issue a loan for a salvage titled car?

 

yeah i belive so cuz one of my boys did that to get his integra

 

IDK

 

okay i was asking like is there somethin i dont kno........... but okay i got ya hurry up with this boost jarrod we aint got all day

mike

 

Most banks won't give a loan for a salvage titled car, it's hard for them to recoup their money if you default on the loan. If they do, expect them to only loan a fraction of the value of the car. They want to cover their ass after all. Your best bet for a loan with a salvage title is a signature loan, because there is no collateral required.

 

it depends what kind of loan u apply for... for instance if u go for the lowest apr auto loan , no probably not, but in my case i sprung for a lil higher apr and got an "unsecured auto loan" pretty much the bank said we'll give u a blank check for how much i qualified for and said find watever u want, after u decide and purchase it give us ur vin and make/model. and my 7 was a salvage title as well (rebuilt salvage title). hope that ramble helped

 

not my bank

 

Unsecured = signature loan, we're on the same wavelength. I've got a couple of cars on unsecured loans because banks are funny about the age of the car, covering their ass again..
I wish I wasn't a student now, I'd come grab that WRX if the price was right, i want a cheap car to have fun with. Maybe next year..