Have you just been blindsided by a bill you didn’t see coming? Are you wondering if you can afford both that and groceries? Your Mitsubishi Lancer could be the life jacket you didn’t know you had. Selling your ride or becoming a ride share driver could work, but there is a better way. The average value for a LoanMart car title loan on a Lancer with 113,509 miles is $3,6571. The data listed below gives a breakdown of average mileages and loan amounts on a Lancer for model years 2004 to 2015. These numbers could help inform you as to what amount you could expect from a car title loan with LoanMart1.
| Make | Model | Year | Avg. Mileage | Avg. Loan |
|---|---|---|---|---|
| Mitsubishi | Lancer | Average | 113,509 | $3,657 |
| Mitsubishi | Lancer | 2004 | 142,775 | $2,613 |
| Mitsubishi | Lancer | 2005 | 133,599 | $2,880 |
| Mitsubishi | Lancer | 2006 | 129,930 | $7,084 |
| Mitsubishi | Lancer | 2007 | 109,468 | $2,510 |
| Mitsubishi | Lancer | 2008 | 150,981 | $2,510 |
| Mitsubishi | Lancer | 2009 | 121,767 | $3,162 |
| Mitsubishi | Lancer | 2010 | 93,445 | $3,210 |
| Mitsubishi | Lancer | 2011 | 94,775 | $4,378 |
| Mitsubishi | Lancer | 2012 | 108,365 | $5,255 |
| Mitsubishi | Lancer | 2013 | 82,500 | $3,385 |
| Mitsubishi | Lancer | 2015 | 81,000 | $3,240 |
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As printed above, the closer the model year is to the current year, the more money you may qualify to borrow1.
Introduced in Japan in 1973, the Mitsubishi Lancer has filled the need for more compact vehicles while also being a pretty speedy little car. Its reliability and efficiency however have been what has kept it so popular for all this time. Now you won’t have to lose that reliability because of unforeseen expenses. LoanMart may be able to help you cover any bills life throws your way1.
Your Mitsubishi Lancer might let you get a car title loan from LoanMart1. If you’re worried about being without a ride, don’t be. With a car title loan from LoanMart you get to hold onto and drive your car like you normally would. Keeping up on the loan payments is essential, but convenient. The amount of money LoanMart may lend you depends on a few things, one of the most important of these being the equity in your vehicle1. The equity determines the amount of money LoanMart may be willing to give you. From there, your grand total for monthly income will be what is reasonable for you to pay back each month. Lastly, these payments of your loan will determine the loan lengths.
Like the name implies, car title loans are loans that use your car title as collateral. Because of this, your loan is going to be a secured loan. Secured loans have a multitude of benefits that unsecured loans (such as payday loans) do not. This is due to lenders being able to assume more risk because they have a way to recover their money should the borrower choose to default on their loan. Lenders in these kinds of loans are often willing to provide borrowers things like greater sums of money and lower interest rates.
If you have both a Mitsubishi Lancer and a qualifying car title for said Lancer in your name, LoanMart might provide for you a car title loan for up to $30,0001. The process is no-hassle, so you can stop stressing sooner. You may even have the money in as little as one business day3. Sign up today at a local participating store, online, or call LoanMart at 855-422-7412.
