Can I Use the Value of My Ford Explorer to Apply for a Title Loan?
Yes! Car title loans are secured loans that can allow you to access a portion of your Ford Explorer’s value and turn it into quick funding you can use for financial emergencies. In order to obtain approval for a title loan on your Ford Explorer, you will need to meet the lender’s application criteria and submit a few documents to verify your information.1
Your compact SUV must have a reasonable amount of value to qualify as collateral for a title loan. If you do not know how much your Ford Explorer is worth, you can use LoanMart's online title loan calculator! The title loan calculator can provide an estimate of your vehicle’s value and a loan quote with no obligation. Simply enter the following details about your compact SUV into the online form to learn more about the total value of your Ford Explorer:1
- The Model Year of Your Ford Explorer
- The Number of Miles on the Vehicle’s Odometer Reading
- The Style of Your Compact SUV
- Your Current State of Residence
Find out if your vehicle’s value is enough to qualify for a title loan by contacting a title loan representative from LoanMart at 855-422-7412! If you have any questions or concerns about the application process, visit the FAQ page today to learn more about applying for a title loan on your Ford Explorer!1
Quick Facts About the Ford Explorer
The Ford Explorer is a mid-size SUV with a sleek exterior and a comfortable interior. Since the Ford Explorer can offer three rows of seats, it been a popular choice among large families in the United States.
While the Ford Explorer is not a luxury vehicle, used models are always in high demand because they are spacious and reliable! This midsize SUV has been in production since 1991, but it was completely redesigned in 2020.
What is the Title Loan Value of My Ford Explorer?
Title lenders primarily use the value of your Ford Explorer and your income to determine how much you can borrow through a title loan. The average title loan amount for a title loan serviced by LoanMart on a Ford Explorer is $4,844, with around 129,134 miles on the odometer reading.1
If you want to learn more about the amount of quick funding you could potentially obtain through a title loan serviced by LoanMart, call 855-422-7412. Or, you can take a closer look at the table below to learn more about the estimated funded amounts for various model years of Ford Explorers:1
Make | Model | Year | Avg. Mileage | Avg. Loan |
---|---|---|---|---|
Ford | Explorer | N/A | 124,552 | $5,048 |
Ford | Explorer | 1999 | 115,722 | $2,500 |
Ford | Explorer | 2002 | 186,997 | $1,667 |
Ford | Explorer | 2003 | 154,659 | $2,088 |
Ford | Explorer | 2004 | 194,070 | $1,542 |
Ford | Explorer | 2005 | 175,460 | $1,785 |
Ford | Explorer | 2006 | 158,800 | $1,953 |
Ford | Explorer | 2007 | 166,066 | $2,113 |
Ford | Explorer | 2008 | 155,048 | $2,413 |
Ford | Explorer | 2009 | 154,284 | $2,181 |
Ford | Explorer | 2010 | 148,461 | $3,384 |
Ford | Explorer | 2011 | 153,729 | $4,100 |
Ford | Explorer | 2012 | 153,999 | $5,072 |
Ford | Explorer | 2013 | 148,577 | $4,758 |
Ford | Explorer | 2014 | 131,856 | $5,229 |
Ford | Explorer | 2015 | 113,685 | $5,271 |
Ford | Explorer | 2016 | 107,463 | $7,946 |
Ford | Explorer | 2017 | 83,696 | $9,131 |
Ford | Explorer | 2018 | 64,314 | $7,961 |
Ford | Explorer | 2019 | 64,593 | $8,124 |
Ford | Explorer | 2020 | 48,060 | $10,256 |
Ford | Explorer | 2021 | 28,882 | $13,758 |
Ford | Explorer | 2022 | 31,723 | $7,823 |
How Much Money Can I Get if I Borrow Against the Value of My Ford Explorer?
If you’re struggling to pay your bills, you may wonder if a title loan can help you get back on your feet. Eligible borrowers can use their loan proceeds to consolidate their debt, handle an unexpected bill, or pay for a large expense! If your compact SUV has a substantial amount of value, you could receive a considerable amount of money through a title loan as long as you have the means to pay it back!1
Typically, you could access up to 50% of your Ford Explorer’s value through an auto title loan. Depending on your state of residence and your income, if you qualify for a car title loan, you could potentially borrow up to $15,000!1
What Documents Do I Need to Borrow Against the Value of My Ford Explorer?
In order to qualify for a car title loan on your Ford Explorer, you will be required to submit some paperwork. These documents are used by title loan agents to verify your current information. You can rest easy knowing that you have the ability to upload your documents online during your loan application. Or, you can conveniently send your paperwork via email or text message directly to a title loan agent from LoanMart!
Here is a list of the documents you must submit to apply for a title loan on the value of your Ford Explorer:1
- The Title of Your Compact SUV (Must be in Your Name)
- Proof of Current Residence
- Recent Photos of Your Ford Explorer
- Proof of Your Ability to Repay the Loan
- A Couple of References (Personal or Professional)
If you qualify for an auto title loan serviced by LoanMart, you can finally access the money you need to handle an unexpected financial emergency!1 Contact a title loan representative today at 855-422-7412 if you have any questions about the documents you will need to borrow against the value of your Ford Explorer.
Where Can I Apply for an Auto Title Loan on the Value of My Ford Explorer?
You can expect the title loan application process with LoanMart to be convenient and simple - even if you have bad credit! If you follow these three basic steps, you can easily find out if you qualify for a title loan on your Ford Explorer:1 3
- Fill Out a Brief Prequalification Form Online or Call a Title Loan Representative at 855-422-7412
- Submit the Required Paperwork Online or Send it Via Email / Text Message
- Collect Your Emergency Cash if You Qualify for a Title Loan on Your Ford Explorer!1
Take advantage of a simple and flexible application process and apply for a title loan serviced by LoanMart! Eligible borrowers can access competitive interest rates and obtain funding in as little as 24 hours.1 3 Dial 855-422-7412 to apply for a title loan on your Ford Explorer today!