Motorcycle Title Loans

How Do Motorcycle Title Loans Work?

When you need fast cash to make ends meet, you may consider applying for motorcycle title loans. Whether you prefer to submit a loan inquiry online, over the phone, or in person, you may have options depending on your state of residence!^{1 5} Essentially, motorcycle title loans are a way to unlock funding by using your motorcycle’s title as collateral for the loan. Since the collateral is used to guarantee the loan, the inquiry process can be a lot more flexible – even if you have bad credit! For those who are not eligible for traditional bank loans, a vehicle-secured loan can be a lifeline.⁵

If you are fully approved for a loan against your motorcycle, what typically happens is that a lender will add a lien to the title. Depending on the lender you work with, you may be required to send them a physical copy of your motorcycle title. This lien remains in place until you have completely paid off your loan, but driving your Harley or other qualifying motorcycle is possible! As long as you stay on top of your loan payments, you can keep cruising like it’s business as usual.⁵

Do you have any questions about how to get started? Max Cash is here to help. Call 833-207-9052 to begin your inquiry for motorcycle title loans today!^{2 5}

Can You Get a Title Loan on a Motorcycle?

Yes, it is possible to get a title loan on a motorcycle but keep in mind that there is a little bit of nuance to consider. Firstly, getting a motorcycle title loan is dependent on your state of residence and your eligibility for funding. Most lenders require that you have a lien-freeien motorcycle title in your name at the time of your inquiry. While the exact documentation can vary from lender to lender, you will often need proof of income and address, along with a valid, government-issued photo ID, like your driver’s license.⁵

Additionally, some lenders will have specific vehicle requirements that you must meet to secure approval. This means that your motorcycle must be in good operating condition and should not be older than a 2016 model. Some lenders only lend on Harley Davidsons, but others are more flexible when it comes to the make and model.⁵

Can I Get Completely Online Motorcycle Title Loans With No Inspection?

Being in a financial crisis can be stressful to say the least. You may not have any time to waste! From unexpected bills to immediate home repairs, you can bet that a financial emergency won’t wait for your next paycheck to arrive. If you’re in a time crunch, you might be searching for the most convenient way to secure a motorcycle title loan. While it would be convenient to skip an inspection, that may not be an option for most title lenders. Whether you are applying for a title loan against your car or motorcycle, a vehicle inspection is necessary for a lender to verify its value. Your motorcycle’s value, along with your income, are primary factors in determining your loan amount and eligibility. Without an inspection, whether virtual or in-person, a lender is unable to accurately assess its overall condition and equity.⁵

Some lenders allow borrowers to complete virtual inspections, meaning that you will just need to provide a few photographs of your motorcycle to complete this step of the inquiry process. Typically, a lender will need to see the back, front, and sides of the vehicle, along with the odometer reading and VIN. On motorcycles, the VIN is typically located on the steering neck or the frame rails, but your model may differ from the norm.

If you prefer to start your inquiry online, simply fill out a short questionnaire today and skip the hassle of a store visit! A loan agent with Max Cash is happy to answer your questions about vehicle–secured loans and walk you through the inquiry process if you are eligible. ⁵