These Older car models have proven to be the most reliable and favorable when applying for collateral vehicle title loans.
Collateral vehicle title loans are secure loans that use a borrower’s fully owned car and car title as collateral. The lender then places a lien on the car title to secure the loan and removes it when the loan is repaid back in full. The borrower can even continue using the car while repaying the loan.
Lowest interest rates
Interest rates for collateral car title loans are the lowest in the whole lending industry because up to 70 percent lower interest rate can be offered against any closest competitor. Loan repayment terms are the most flexible starting at 2 years and up to 5 years.
Reliable cars as collateral
These car models have proven to be reliable, roadworthy, and naturally fall inside the car models that should not be more than 8 to 10 years old when the borrower applies for the loan. These models have also become “favorites” for many lenders
BMW Z4
This vehicle certainly commands a large true market value for borrowers while offering a comparable level of reliability.
Buick Park Avenue
In many vehicle studies, the car kept for the longest time is not Lexus or Mercedes-Benz. It’s this Buick model. The Park Avenue benefits from an outstanding GM 3.8-liter V-6 built to withstand for decades.
Chevrolet Corvette
The Corvette benefits from long model runs and a robust V8 engine that can comfortably cruise at extremely low rpm’s.
Chevrolet Prizm
Another great Chevy model, the Prizm is mechanically identical to the Toyota Corolla, currently the bestselling car in the world.
Infiniti M35
While offering less than the Lexus GS, Audi A6, and the Mercedes E-Class, its long-term reliability matches or eclipses all of these models.
Jeep Cherokee
The Cherokee remained popular throughout its entire model run. The 4-liter high output 190-hp straight-six engine has proven to be exceptionally durable.
Saturn L200
The L-Series four cylinder automatic models are proving to be more reliable than their Honda Accord peers, and offer a great true market value price for borrowers of no credit check title loans who have nothing to worry about even if they have bad credit or no credit.
Instant Loans Canada is a leading collateral title lending company. This locally-owned and managed company has been helping individuals with their finances offering collateral title loans for vehicles. They give borrowers a chance to get quick cash easily, with the lowest interest rates and loan payment terms from 2 years to 5 years. For more information about the company, its title loans and other services, call Instant Loans Canada toll free at 1-866-973-5214 and apply now or apply online.