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Can you get a loan on a rebuilt title car?
While on my way home from work the other day, I saw my childhood dream car sitting by the road with a big for sale sign. I immediately stopped and started talking with the seller and learned it has a rebuilt title. I want to buy the car, but can you get a loan on a rebuilt title car?
Jack Walsh · Updated on
Reviewed by Shannon Martin, Licensed Insurance Agent.
Finding your childhood dream car for sale is like a modern-day fairy tale. And I’m happy to inform you that you can get a
car loan
on a rebuilt title
car! Finding a lender can be challenging; large national banks are unlikely to offer a loan because of the title and extensive repairs, but you may be approved for a loan by:
- Local banks
- Credit unions
- Online lenders
- Specialized car loan lenders
Hopefully, after shopping around and comparing offers, you find a lender who can make your childhood dream come true!
However, before the loan is issued and you can hit the roads to show off the new ride, you need to get
car insurance
for the rebuilt vehicle. While a safety report and inspection can put insurers’ minds at ease, shopping around is the best option to find a great rate.To quickly compare quotes from insurance companies who offer policies for rebuilt titles, download the
Jerry
app! After providing you with a comprehensive cross-analysis of the best policies across providers, Jerry will handle the phone calls, paperwork, and renewals for your top pick so that you don’t have to. So why do all that extra work when Jerry can do it better? View full answer
- Gregory R.
WHY YOU CAN TRUST JERRY
Jerry partners with more than 50 insurance companies, but our content is independently researched, written, and fact-checked by our team of editors and agents. We aren’t paid for reviews or other content.
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