It’s not uncommon for people to find themselves confronted with an unexpected bill that they aren’t sure how to cover. If this has happened to you, you might be considering selling your Dodge Ram 2500 to cover your unanticipated expense. You might be able to use your truck for a car title loan. The average mileage of a Dodge Ram used for a car title loan from LoanMart is 155,103.82 and gives a loan value of 5,528.641. Check out the chart below for a detailed breakdown of average loan amounts and mileages for a Dodge Ram by year. You can use it to help estimate how much you might be able to get for a car title loan from LoanMart1.
|Make||Model||Year||Avg. Mileage||Avg. Loan|
|Dodge||RAM 2500||2004||206,648||$ 7,090|
|Dodge||RAM 2500||2005||189,981.7||$ 4,436.02|
|Dodge||RAM 2500||2006||186,404.23||$ 6,618.27|
|Dodge||RAM 2500||2007||159,889.11||$ 6,784.72|
|Dodge||RAM 2500||2008||113,512.66||$ 5,761.15|
|Dodge||RAM 2500||2009||49,291||$ 5,500|
|Dodge||RAM 2500||2010||180,000||$ 2,510|
As you can see, generally cars with lower mileage are worth larger car title loans1.
Now part of the Ram Trucks brand, the Dodge Ram was first introduced in 1981. If you are one of the truck’s many adherents, attracted to how well the Dodge Ram works for your life, the prospect of selling your truck must be painful. Fortunately, there are other things you may be able to do to cover your unexpected expenses.
LoanMart may be able to help resolve your financial difficulties by giving you a car title loan on your Dodge Ram 25001. You will need a few different things when you apply. An important thing to have is a qualifying car title in your name. If you don’t know where your title is, you’ll have to get a new copy from the Department of Motor Vehicles. Next, you’ll need proof of income, to show you can pay the loan back. While many people use a paystub, there are numerous other ways to demonstrate proof of income. You’ll also need proof of residency, usually a utility bill or similar.
Because you are using your car title as collateral for your loan, it makes it a secured loan. Secured loans frequently offer borrowers a number of advantages over unsecured loans, like payday loans. You may be able to get a larger sum of money and a better interest rate1. This is because the lender can recover the money they loaned if the borrower defaults on their loan.
If you have a Dodge Ram 2500 it may make you eligible for a car title loan. If you have a qualifying car title in your name, you may qualify for a car title loan of up to $30,0001. You can even take advantage of LoanMart’s short streamlined process so that you can potentially receive your money in as little as one business day3. Sign up today at your local participating store, online, or by phone at 877-787-4923.