Financing a rebuilt title car
Rebuilt titles can be financed. Most banks decide case by case, which is why buyers get turned down at one branch and approved at the next. The faster route is one application that reaches several lenders at once.
Sponsored · myAutoloan
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$
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Est. payment
$284/mo
Defaults: 10% down, 6.99% APR, 72 months. Estimates are for informational purposes only, not an offer. Rates and approval are set by lenders in the myAutoloan network.
Sponsored · myAutoloan
How does financing through ReVroom work?
ReVroom is not a lender. We partner with myAutoloan, a network that sends one application to several lenders and returns the offers to you.
Apply once
A short online application through our lending partner, myAutoloan. Free to apply.
Get up to 4 offers
Lenders in the network respond within minutes with rates and terms. You compare them side by side.
Buy from any seller
Use the loan at a dealership or for a private-party purchase on ReVroom. Refinancing an existing loan works the same way.
Do I qualify for a rebuilt title loan?
The lender network's published minimums. Each lender makes its own decision.
Credit score of 600 or higher
Loan of $8,000 or more ($5,000 for refinance)
Vehicle 10 years old or newer, under 125,000 miles
Gross income of $21,600 a year or more ($18,000 for refinance)
Lives in one of 48 states (not Alaska or Hawaii), 18 or older
Buying private party, or already own one?
Private-party purchase
Most cars on ReVroom are sold by the rebuilder or a private owner. A private-party auto loan pays the seller directly, so you negotiate like a cash buyer.
Refinance a rebuilt title car
Rebuilt-title owners often accepted the first rate they could get. If your credit has improved since, a refinance can lower the payment on the same car.
Rebuilt title financing questions
Can you finance a rebuilt title car?
Yes. Rebuilt title cars can be financed. Some banks and credit unions decline them outright, others lend at a slightly higher rate or a lower loan-to-value, and lender networks like myAutoloan route your application to lenders that do accept rebuilt titles. Expect the lender to want an inspection, photos, or a vehicle history report.
Which banks finance rebuilt titles?
Policies change often. Navy Federal and USAA generally review rebuilt titles case by case, many large national banks decline them, and local credit unions are the most flexible. Rather than calling branches one at a time, one application to a network returns offers only from lenders that will consider the car.
Is the interest rate higher on a rebuilt title?
Often by one to three percentage points, because lenders value the collateral below a clean-title equivalent. A rebuilt title car is typically priced 20 to 40 percent below clean-title market value, so the total cost of the loan is usually still far lower.
Does applying hurt my credit?
Applying for an auto loan is a credit inquiry. Credit scoring models treat several auto-loan inquiries within a short window (usually 14 to 45 days) as one, so comparing offers through a single application has the same effect as applying to one lender.
Can I get a loan for a private-party purchase?
Yes. Private-party auto loans pay the seller directly and are available for rebuilt title cars that meet the lender’s age and mileage limits. ReVroom private-party listings show an estimated monthly payment under the price.
ReVroom is not a lender. Offers come from lenders in the myAutoloan network, which pays ReVroom a referral fee. Rates and approval depend on your credit and the vehicle.