Quote:
Originally Posted by spazzyfry123
I'd have to imagine that these could not be financed either because of the title branding?
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It depends, it varies from state to state and also from lender to lender.
For example - in the prime market, Wells Fargo won't loan anything on branded title cars, but BB&T will so long as the LTV is <50% of clean NADA. So, it's a case by case basis - but overall, you are correct - it is much more difficult - but not impossible - to borrow money on a branded title car.
As such, this not only impacts the value of the vehicle, but also substantially reduces the buyer market when you are ready to sell.