If you’re considering selling your BMX X5 to take care of an expense you weren’t expecting, like a medical bill, you may not have to. You can see if your X5 qualifies for a car title loan with LoanMart. The average mileage on a BMW used for a car title loan with LoanMart is 112,747 miles and yields a loan of $6,3361. The chart below outlines loan amounts and mileage averages for X5s from 2004 to 2014. You can use it to estimate the amount of money you might be able to get for a car title loan with LoanMart1.
| Make | Model | Year | Avg. Mileage | Avg. Loan |
|---|---|---|---|---|
| BMW | X5 | Average | 112,747 | $6,336 |
| BMW | X5 | 2004 | 149,306 | $3,428 |
| BMW | X5 | 2005 | 149,714 | $3,016 |
| BMW | X5 | 2006 | 133,922 | $3,349 |
| BMW | X5 | 2007 | 129,166 | $5,227 |
| BMW | X5 | 2008 | 125,301 | $4,800 |
| BMW | X5 | 2009 | 115,620 | $7,790 |
| BMW | X5 | 2010 | 106,003 | $10,240 |
| BMW | X5 | 2011 | 86,203 | $4,733 |
| BMW | X5 | 2012 | 54,066 | $7,000 |
| BMW | X5 | 2013 | 100,066 | $16,615 |
| BMW | X5 | 2014 | 90,848 | $3,500 |
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As you can see, newer cars tend to have a higher potential loan value1.
The BMW X5 was first released in 1999 and was branded a Sports Activity Vehicle rather than a Sports Utility Vehicle. Keeping with this, it provides drivers with luxury accommodations and a great driving experience. This has made many drivers fall in love with it over the years. If you’re one such driver and facing the prospect of having to part with your X5 to pay for a bill, don’t give up hope yet. There may be a way your BMW can help you.
Your BMW X5 might help you qualify for a car title loan with LoanMart1. A car title loan can help you cover your unexpected expense, and you’ll get to keep your wheels. LoanMart works to understand each borrower’s unique financial situation and create a set of loan terms that works with their circumstances1. LoanMart also only uses repossession as a last resort to recover their loans. They keep their number of repossessions low by working with borrowers in danger of default to try to find a solution.
Because the car is used as collateral for the loan, it may be possible to get superior terms compared to an unsecured loan. For example, one might be able to borrow more money at a better interest rate1. Lenders are typically able to offer more-favorable terms on secured loans because they have a means to recover their investment if the borrower defaults.
Your BMW X5 may help you qualify for a car title loan if it has a qualifying title in your name, up to $30,0001. LoanMart’s streamlined process can even get you your money in as little as one business day3. Apply today by calling 855-422-7412, signing up online, or visiting a participating store.
