The average value of a car title loan with LoanMart on a Hyundai Elantra is $3,771 with an average mileage around 95,531 miles 1. You can look below to see the average loan amounts and average mileages for Hyundai Elantras made between 2004 and 2016. You can use it to help estimate the value of a car title loan you might be able to get from LoanMart1:
|Make||Model||Year||Avg. Mileage||Avg. Loan|
You can see that the average loan amount generally increases as the age of the car decreases1.
The Hyundai Elantra was released in 1991, under the name Lantra in some parts of the world. In 2001, the name was changed to Elantra everywhere but South Korea. Initially, Elantras had a reputation for shoddiness and unreliability. Now however, Elantras are known for having a smooth ride, good fuel economy, and a strong build. If you were one of the consumers who was attracted to these positive traits, you’d probably be reluctant to part with your car. If you find yourself holding an unexpected bill, you may be able to use a car title loan to cover your expense and keep your car1.
LoanMart may be able to offer you a car title loan to help you cover your unexpected bill, using your Hyundai Elantra’s title as collateral1. The exact amount you’ll be able to borrow will depend on a few different things. The two of the most important things are the equity of your car and your monthly income. In addition, you’ll still be able to drive your car, just like before you had your car title loan—just stay on top of your monthly installments.
Car title loans can offer a number of advantages over things like payday loans because car title loans are secured. This means that typically you can get more money at a better interest rate than you would be able to if you were getting an unsecured loan1. Lenders are generally more comfortable taking on risk, because they can recover their loan in the form of your car.
If you own a Hyundai Elantra with a qualifying car title in your name, you may be eligible for a car title loan of up to $30,0001. You’ll also be able to take advantage of LoanMart’s streamlined process and potentially receive your car title loan money in as little as one business day after completing your inquiry3. Sign up online, at a local participating store, or LoanMart at 1-877-787-4923!