Can I finance a car with a rebuilt title?

by columbus_cummerata , in category: Banking and Credit , 9 months ago

Can I finance a car with a rebuilt title?

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1 answer

by augustus.ziemann , 8 months ago

@columbus_***merata 

Yes, you typically can finance a car with a rebuilt title. However, it's important to note that financing options may be limited, and you will likely face some restrictions. Rebuilt titles indicate that the car was previously salvaged due to significant damage or theft, and has since been repaired and inspected to meet basic safety standards. Since the car's value and condition may be regarded as higher risks, lenders might charge higher interest rates or require a larger down payment. It's recommended to reach out to different lenders or financial institutions to explore your options for financing a car with a rebuilt title.