Are you holding an unexpected bill and wondering how you’ll pay for it? Did you now that your Mazda Mazda3 might be able to help you cover your expense? You may not need to drive for a rideshare company or sell your car. You might be able to use your Mazda3 to apply for a car title loan. For a Mazda3 with about 102,142 miles, the average car title loan from LoanMart is $3,5361. See the chart below for a breakdown of average loan amounts and average mileage on Mazda3s from 2004 to 2016. It can help you figure out how much money you might be able to get from a car title loan from LoanMart1.
|Make||Model||Year||Avg. Mileage||Avg. Loan|
Predictably, as the car gets older, the average loan amount tends to go down1.
The Mazda3 was introduced in 2003. It’s a compact car that Mazda declared their fastest-selling vehicle in 2014, after selling four million units. It has a reputation for a smooth rise, fantastic handling, and good power for a compact car. This has caused many drivers to fall in love with the actual driving experience. You may never have to worry about whether or not you may have to part with your Mazda3 to pay an unanticipated bill.
LoanMart may be able to give you a car title loan on your Mazda3 to help you cover your unexpected expense1. By using your car’s title as collateral, you make your loan secured. Secured loans offer a number of advantages over unsecured loans, like payday loans. Two of the major advantages are that you can typically borrow more money, and usually at a better interest rate1. This is because lenders are generally able to take more risks on secured loans.
LoanMart takes a few different things into consideration when they set your loan amount. First, the equity in your car determines the maximum amount you can borrow. Your monthly income determines how much you can afford to pay back each month.
Your Mazda Mazda3 may make you eligible for a car title loan if you have a qualifying car title in your own name, up to $30,000 1. You can take advantage of LoanMart’s streamlined process to potentially receive your car title loan funds within one business day of completing your inquiry3. Stop by a participating store, sign up online, or call LoanMart at 877-787-4923.