Do you want to cash out the equity from your vehicle but are unsure how much money you can get? Highway Title Loans is a leading provider of car title loans, and we're here to get you the highest loan amount possible. All lending terms are different, and loan amounts often depend on factors such as your vehicle's condition, credit history, and the state you live in.
In this article, we'll break down what type of loan amount you can expect with a title loan and how you can get the highest amount possible!
How Much Can You Get from a Title Loan?
A title loan lender may base an approval as well as a loan amount on the following:
- Your vehicle’s value is a big part of the process since it will be collateral or protection for a title loan lender. A lender will inspect the make, model, condition, mileage, year, and more to determine the market value on which you want to get a loan.
- After determining your vehicle's resale value, the next step is to see how much equity you can pull out from your car or truck. Most title loan companies offer loans based on 40% to 70% of your vehicle's value. Customers with good credit can borrow up to 80% of the vehicle's value.
- A lender usually wants to verify your income. You can provide bank statements or pay stubs to show you can make loan payments.
- Unlike a traditional loan, a title loan usually doesn't require good credit. Some lenders might even check your credit history for recent repossessions or bankruptcies.
- Title loan regulations vary by state. Lenders must consider legal restrictions and requirements where they operate. The rules could require lower loan amounts and a limit on how much they lend.
To determine your loan amount, you'll usually fill out an application and provide information about yourself and the vehicle. The lender reviews this, assesses your vehicle value and then bases your loan amount on the factors above.
What's the Most Money You Get for a Title Loan?
The maximum you can get on a title loan depends on the value of your vehicle as listed above, state laws and regulations, and the specific lender you work with. Title loan amounts generally range from a few hundred to several thousand dollars. As of 2025, the average loan amount for customers who apply with Highway Title Loans is $2.800, and some customers can get approved for upwards of $20,000 with high-value cars and trucks as collateral.
Some states do have particular maximum loan amounts. Others might limit the amount of title loans based on the vehicle value or your income as a borrower. For example, title loans in California often start at $2,500, and there's no limit on the amount you can borrow.
How Can I Get The Most Money Possible With My Title Loan?
- If you have more than one, choose your most valuable vehicle since this is the primary determining factor of your loan amount. A newer vehicle in good condition with low mileage will get you the highest loan amount.
- Having a well-maintained vehicle can lead to a higher loan amount. Cars in excellent condition often appraise at 100% or more of the vehicle's value.
- Choose a quicker repayment term and pay off the loan quickly. Title loan companies want to know they'll get their money back quickly. Go with a repayment term of 6 months or less to get a higher loan amount.
Can You Get More Money on an Existing Title Loan?
Whether or not you can get more money on an existing title loan depends on factors such as if you're current on the monthly payments and whether or not your lender is willing to renegotiate the payment terms.
Some lenders offer title loan refinancing, so you could extend your existing loan term or borrow more using the same vehicle as collateral. To refinance a title loan, you may have to pay off your current balance and get a new loan with adjusted terms.
If you have an existing loan with one lender, you might be able to get a new loan from a different lender to pay off the existing balance and borrow more. This is called either a loan buyout or refinancing with a different lender.
How Many Title Loans Can You Get?
How many title loans you can get on the exact vehicle at once depends on the regulations in your state or where you're getting the loan and individual lender policies. In many states, it's against the law to have more than one title loan on the same vehicle simultaneously.
If you're considering getting multiple auto title loans on different vehicles, that's usually possible as long as each car is collateral for a separate loan. The risk here is whether or not you're going to be able to pay off multiple loans at the same time.
What Else To Know About Title Loan Funding Amounts
- Title loans are secured by your vehicle, and that means your vehicle can be repossessed if you default. Don't borrow more than you can afford!
- Title loans don't require a credit check, but defaulting on your loan can quickly drop your credit score.
- Loan amounts are often determined by the state you live in. While your vehicle's value plays a role in determining your loan amount, some states have caps on the amount you can borrow.
Borrow only what you need with a title loan. Highway Title Loans is here to get you approved for the highest loan amount possible, so call us today at 877-433-5454 to get a quote!
Janet Patterson is VP of Marketing Communications for Highway Title Loans and the feature editor of its Lending Blog. Janet has worked in the financial service industry for over a decade, with 7 years of experience in the car title loan industry. She previously managed a customer service team that helped and advised consumers on all their lending related questions and concerns.