What is the Title Loan Value of My Dodge Ram 1500?
With an auto title loan, you can use your pickup truck’s title as collateral to secure funding. A truck title loan can be a unique opportunity for qualified borrowers to access a portion of the overall value of a Dodge Ram 1500 and turn it into fast cash for a financial emergency! Since a title loan is secured by collateral, the application process can be much more flexible - even if you have a bad credit score! Instead of just focusing on your credit history during the application process, title loan lenders will primarily use your vehicle’s value and your income to determine your eligibility.1
Keep in mind that your vehicle must have positive equity to qualify for a title loan. If your Dodge Ram 1500 is completely paid off, the amount of equity in your truck will be the same as its overall market value. If your truck is not paid off, then you can subtract what you owe on your auto loan from the current market value of your vehicle. You will need a sufficient amount of equity in your truck to qualify for a title loan, so this calculation is important! You can also use LoanMart’s title loan calculator to get an equity estimate and a loan quote with no obligation. Simply answer a few basic questions about yourself and the pickup truck to receive an equity estimate in minutes!1 3
Generally, if you qualify for an auto title loan, you can access anywhere from 25% to 50% of the total value of your Ram 1500.1 The average loan amount for a title loan serviced by LoanMart on a Dodge Ram 1500 is $5,312, with 139,978 miles on the odometer. If you’re looking to learn more about the amount of money you could potentially obtain through a truck title loan serviced by LoanMart, the table below provides some estimated funded amounts for various model years of Dodge Ram 1500s:1
Make | Model | Year | Avg. Mileage | Avg. Loan |
---|---|---|---|---|
Dodge | RAM 1500 | N/A | 161,452 | $2,887 |
Dodge | RAM 1500 | 1995 | 161,057 | $1,202 |
Dodge | RAM 1500 | 1996 | 134,384 | $1,226 |
Dodge | RAM 1500 | 1997 | 188,547 | $2,000 |
Dodge | RAM 1500 | 1998 | 219,394 | $1,894 |
Dodge | RAM 1500 | 1999 | 218,102 | $2,000 |
Dodge | RAM 1500 | 2000 | 87,365 | $1,168 |
Dodge | RAM 1500 | 2001 | 160,229 | $1,368 |
Dodge | RAM 1500 | 2002 | 178,530 | $1,480 |
Dodge | RAM 1500 | 2003 | 190,885 | $2,283 |
Dodge | RAM 1500 | 2004 | 172,032 | $2,357 |
Dodge | RAM 1500 | 2005 | 164,108 | $2,564 |
Dodge | RAM 1500 | 2006 | 168,706 | $2,849 |
Dodge | RAM 1500 | 2007 | 180,740 | $2,823 |
Dodge | RAM 1500 | 2008 | 175,428 | $3,396 |
Dodge | RAM 1500 | 2009 | 174,866 | $3,846 |
Dodge | RAM 1500 | 2010 | 164,429 | $4,113 |
Dodge | RAM 1500 | 2023 | 5,884 | $12,518 |
Do you have any questions? Dial 855-422-7412 to speak to a title loan agent and learn more about the value of your Ram 1500. Or, if you prefer to handle the application process online, you can click here to apply for a title loan on your Dodge Ram 1500.1
How Do I Borrow Against the Value of My Ram 1500?
Applying for a truck title loan on your Dodge Ram 1500 can be simple and convenient! Since truck title loans serviced by LoanMart are designed to provide emergency cash to qualified borrowers, you can expect a streamlined application process. You will need to meet the following initial requirements to be eligible for funding:1
- Be at Least 18 Years of Age
- Have Enough Positive Equity in Your Pickup Truck
- Be Able to Provide Sufficient Evidence of Income
After you’ve submitted an initial inquiry form, a LoanMart title loan agent will contact you and ask for a few documents to verify your information. While the exact paperwork can vary from state to state, you could expect to need the following documents during your application for a title loan on your Ram 1500:1
- A Truck Title in Your Name
- Proof of Your Ability to Repay the Loan
- Recent and Clear Images of Your Pickup Truck
- Proof of Current Address
- A Valid, Government or State-Issued Photo ID Card
If you have a smartphone or computer, you can conveniently upload your documents online, or send them to a title loan agent via email / text message! If you qualify for a truck title loan, you can potentially access the fast cash you need in as little as 24 hours.1 3 Dial 855-422-7412 if you have questions about borrowing against the value of your Dodge Ram 1500.
How Much Money Can I Get Through a Truck Title Loan on My Dodge Ram 1500?
Individuals who are experiencing financial hardship may wonder how much money they can potentially borrow through a title loan. Typically, the amount of money you can obtain through a truck title loan will depend on the value of your Dodge Ram 1500 and your income.1 Generally, you can access anywhere from 25% to 50% of your truck’s value if you’re eligible for a title loan. Depending on your ability to repay the loan and where you live, you could obtain up to $15,000 through an auto title loan.1
If you have questions about the amount of money you could get through a truck title loan, call 855-422-7412 to speak to a title loan representative.1
Quick Facts About the Dodge Ram 1500
The Dodge Ram 1500 is a popular, full-size pickup truck that is manufactured by the American automaker, Fiat Chrysler Automobiles Group (FCA). Depending on your vehicle’s trim level, it can potentially tow up to 12,750 lbs!
Dodge Ram 1500s are built to have enough power and efficiency to outlast their competition. In fact, the Ram 1500 is more fuel-efficient than most light-duty trucks manufactured by Chevrolet or Ford! Dodge Ram 1500s are ideal for blue-collar workers and individuals who are looking for a sleek pickup truck.
Where Can I Borrow Against the Title Loan Value of My Dodge Ram 1500?
Looking to borrow against the value of your Dodge Ram 1500? You won’t have to leave your home to begin the application process for a title loan serviced by LoanMart! Take a look at the three basic steps you must complete to apply for a title loan on your Ram 1500:1
- Submit a Short Pre-approval Form Online or Over the Phone by Calling 855-422-7412
- Upload Your Paperwork Online
- Collect Your Quick Funding if You Qualify for an Auto Title Loan on Your Dodge Ram 1500!1
Take advantage of a convenient application process and find out if you qualify for instant pre-approval today! Click here or dial 855-422-7412 to learn more about the application process for an auto title loan on your Dodge Ram 1500.1 3