Can You Get A Title Loan On A Motorcycle?

At some point of time, anyone could find themselves in a situation where they need quick access to money. The short answer to the question ‘Can You Get A Title Loan On a Motorcycle’ is; Yes, and bike title loans operate very similar to a car title loan. But not everyone has enough savings or emergency funds stashed away to cover those urgent needs. In such situations, it is a good idea to look for alternative avenues of raising cash.

A popular and preferred method of getting quick cash is taking a title loan. You can get these loans on any vehicle as long as you have a free and clear title. However, it is particularly easy to get a title loan on a motorbike.

What is a Motorcycle Title Loan?

Motorbike title loans are another form of auto title loans. In these loans, you can get access to quick cash, by using your bike title as collateral for loan. All you need is a free and clear title to your vehicle. You should own your bike outright, or be almost through with making a complete payment on the installments.

The value of your bike is evaluated by factoring its make, model, year of purchase, and current condition. The loan amount is based on this fair evaluation. Your ability to complete payments of the loan is an important consideration. You can get favorable terms when your repayment abilities are good.

These loans are helpful in presenting an alternative option for financing a project when you are a little short on your planned budget. There are multiple benefits of taking out a title loan as compared to other traditional loans from banks and credit unions. These loans are quick and easy to obtain.

There are no credit checks made. You can obtain a motorcycle title loan with a poor or bad credit history in Los Angeles. Your credit score has nothing do with your eligibility to access these loans. The best part is that you get to drive your motorcycle as normal.

By using your motorbike title as collateral, you can obtain an easy loan, which can be used to settle a critical situation which requires urgent financial attention. You can also use title loans to liberate yourself from any outstanding financial burden.

How to Apply?

You are eligible for a title loan if you own a motorcycle with a lien-free title in your name. These loans are a great choice in times when you need quick cash to settle urgent financial obligations. You will need a valid government issued ID such as your driver’s license.

You will also have to provide your motorbike’s title in original. In title loans, the lender adds their name to the title for the duration of the loan. The name is removed once the loan is paid in full.

There are a number of online lenders and physical storefronts where you can get a title loan. If you are applying online, then make sure you attach current pictures of your motorbike, especially if it is in a decent physical condition.

This will improve approval chances and loan terms. If applying at a physical lender location, then take the motorcycle along with you for a quick appraisal.

Most lenders will carry out the appraisal for your bike as you fill out the application form. Quick process and easy approvals are the major reasons behind borrowers preferring this loan over other forms of borrowing.

lender will determine a loan amount, transaction fee and interest rates depending upon the vehicle appraisal and value of your vehicle. Once you agree to the terms of the loan and sign the loan agreement, you can either request for cash or have it transferred to the regular checking or savings bank account.

Unlike, pawn shops, you do not have to leave your bike with the lender. You can drive it as normal. If you are applying online, then make sure to apply to multiple lenders at the same time. Interest rates and other terms vary as per the lender.

How to Search for a Lender?

Motorcycle title loans are a very common method of borrowing. They are in fact much more common than you think. There are a number of lenders that provide title loans in your state. You need to make sure to pick a lender which is registered in your state.

You also need to make sure that your motorbike is registered in the same state where you are applying. Lenders have to fulfill certain state requirements to be given a license to provide title loans. It is best to deal with licensed lenders to protect your interests. Most lenders are only licensed in a few states to offer title loans.

You can easily search for a title loan online. There are multiple direct lenders who offer their services online. There are many physical storefronts as well. However, online applications are more convenient, quicker and can help you save time by giving you the freedom to access multiple quotes at the same time.

Never forget to do a lender background check before signing on the dotted line. There are a number of reviews from real customers online which can help you get an idea of the lender.

Common Brands of Motorbike

Title loans can be obtained for almost every motorcycle as long as you have a free and clear title to it. The loan amount depends upon the equity you hold in the bike. Street bikes, bullet bikes, and dirt bikes are included in the purview of motorcycle title loans.

Some of the more common brands on which title loans are obtained include Indian, Cagiva, BMW, Harley Davidson, Honda, Aprilia, Kawasaki, Ducati, Kymco, KTM, Husqvarna, Yamaha, Triumph, Suzuki, and Moto Guzzi among others. Now the scooter Lloyd and Harry were riding together in that ridiculous Dumb and Dumber scene – don’t expect to get anything or too much for that if that is what you have!

Title loans are directly affected by the make and model of your bike. A bike that has a higher value will result in a greater loan amount. Most lenders prefer a bike with a free and clear title.

This means that you are the sole owner and there is no other loan on the bike. However, some lenders will work with you if there are only a couple installments remaining from a standard loan.


The motorbike title loan you receive will be scaled to the value of your motorcycle, which is usually around 40% to 60% of the value of the bike. Seek out the lowest interest rates and the best repayment options after acquiring quotes from different lenders.