Financing a Rebuilt Title Vehicle
Yes — you can finance a rebuilt title or damage-history vehicle, and at ReCar it isn't a special case: it's most of what we do.
Why does the lender matter so much?
Some lenders treat rebuilt title and damage-history vehicles the same as any other used vehicle; others apply stricter guidelines or won't touch them. A one-off buyer walking into their own bank is rolling the dice on which kind they get. We work with local and nationwide lenders who actively finance these vehicles every day, and because we run volume through them, we've earned pricing and terms that we pass along on rebuilt titles just like clean titles.
Will the interest rate be higher?
Not necessarily. Rate comes down to the lender and your credit profile, not the title status on its own. The lenders we match you with already understand rebuilt and damage-history vehicles, so the title brand isn't a surprise that shows up as a penalty in your rate. The FAQ covers this in more detail.
How does the process work?
Start with the credit application — approvals, down payment and any protection plans get worked out before you ever make a trip, which matters double if you're buying from out of state. Details on lenders and protection plans are on the financing page.
Can I trade in my current vehicle?
Yes — including clean-title vehicles, vehicles you still owe money on, and many vehicles with damage history. If your trade is worth more than the payoff, the equity goes straight toward your purchase; if you're upside down, rolling the difference into the new deal is often workable depending on lender approval. Send your VIN, mileage, photos and payoff information for an appraisal, or read the trade-in FAQ answers first.