Can you get a title loan on a motorcycle?

Quick Answer Yes, you can get a title loan on a motorcycle. Some lenders specialize in motorcycle title loans, and the loan amount is typically based on the value of the motorcycle. The requirements for obtaining a motorcycle title loan may vary from lender to lender.

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Kevin Johnson β€’ Answer updated on Jun 14, 2023

Fact checked by Dwayne Dumesle

Don't have a car, but need to get a title loan? That's okay β€” you can still get a title loan using your motorcycle. 🏍️

Just like other title loans, you don't need to do a credit check to get approved. Your lender will assess your motorcycle to determine its value and to make sure it works.

Learn: Where can I get a title loan?

The exact requirements to get a motorcycle title loan can vary from lender to lender, usually because of state lending requirements. For example, while you need to be 18 in most states to get a motorcycle title loan, some states require you to be 19 or 21.[1]

However, there are a few things you should have ready in most cases:

  • Lien-free motorcycle title
  • Government-issued ID
  • Proof of income
  • Information about your motorcycle (make, mileage, etc.)

Like car title loans, the lender will hold onto your motorcycle title until you pay off your loan. You can still cruise around on your sweet ride like you always do!

But be warned β€” if you don't repay your loan quickly, high interest rates can rack up debt fast. Major bummer, man! And, if you don't make your payments, the lender can take away your motorcycle for good. Double bummer!

Learn: What is the interest rate on title loans?

If you need to take out a motorcycle title loan, be sure to repay it as quickly as possible so you can avoid the debt loop and you can continue enjoying your chopper in style! 😎

  1. How Do Motorcycle Title Loans Work? β†©οΈŽ

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