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Home » Car Buying » Is it Hard to Get a Car Loan on a Rebuilt Title?
  • Is it Hard to Get a Car Loan on a Rebuilt Title?

    • Posted on Autos.com Editor
    • in Car Buying
    • on October 7, 2013

    Getting a car loan on a rebuilt title is more difficult than on a conventional car. Banks view rebuilt vehicles as a higher risk since they have already had major issues and had to be restored. Many conventional banks don’t issue loans on salvage or rebuilt titles, so you may be forced to look to more specialized outlets to find financing. A car loan on a rebuilt title vehicle will almost always come at a higher interest rate than an equivalent standard titled car. Your credit score will also play a part in how likely a financial institution is to offer financing on a rebuilt title.

    For more info, see Buying a Salvage Title: Facts to be Aware Of

    Related posts:

    • What Does a Rebuilt Title on a Car Mean?
    • Can a Car Accident Lead to a Rebuilt Title?
    • How Do you Appraise a Vehicle With a Rebuilt Title?
    • Are Dealers Required to Inform You of a Rebuilt Title?
    • How Do You Get a Title for a Car You Rebuilt that had no Title?
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