I'm looking at a car for around $12,000 with a salvaged title. Will a bank give you a loan on a

%26quot;no%26quot; and if you find one please let me know

I%26#039;m looking at a car for around $12,000 with a salvaged title. Will a bank give you a loan on a salvaged car?

I don%26#039;t know, but you might have a problem getting it insurance for it. First I%26#039;d find out about the ins.

I%26#039;m looking at a car for around $12,000 with a salvaged title. Will a bank give you a loan on a salvaged car?

Generally not, since a salvage title reduces the worth considerably, and then there is the other problem of getting insurance. Most insurance companies won%26#039;t cover them at all, and those that will won%26#039;t give you collision coverage, which the bank will insist on if they loan you money to buy it.

That is why most avoid salvage titled cars, unless they are just looking for parts.

I%26#039;m looking at a car for around $12,000 with a salvaged title. Will a bank give you a loan on a salvaged car?

That%26#039;s a pretty hefty sum to be paying for a salvage car. You will most likely have trouble financing and insuring it since it has been %26quot;written off%26quot; once already.

I%26#039;m looking at a car for around $12,000 with a salvaged title. Will a bank give you a loan on a salvaged car?

Contrary to popular belief, some banks WILL give you a loan on a salvaged vehicle. I%26#039;d try local banks first.