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A+ rated with the Better Business Bureau

Rated #1 Personal Loan by Best Company

4.6 rating from 6,500+ reviews

What is vehicle equity?

Vehicle equity is the value of your car after you subtract anything you owe on it. If you own your car outright with no loans or liens, your equity is 100%. If you’re paying it off, you can subtract your loan balance from the car’s current value to find your equity as a dollar amount.

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Fast-track your financial goals

Take advantage of your car’s value. We can offer lower rates and higher loan amounts than we do on our unsecured personal loan offers. With a Best Egg Vehicle Equity Loan, your paid-off vehicle could get you the money you need to consolidate debt, finance a major purchase, and more.

Since the loan is secured by your car, we can offer lower rates than our unsecured personal loan offers—and low, fixed rates mean you can receive an affordable monthly payment.

guy on car on phone

See if you qualify with no impact to your credit score

Predictable monthly payments with a fixed interest rate

Better approval odds than our standard personal loan offers

Access up to 250% of your vehicle’s equity (max. $100,000)

What to think about when considering
a vehicle equity loan


Is your car fully paid off (aka free and clear)?

To qualify for the Best Egg Vehicle Equity Loan, you need to own your vehicle outright. If your ownership title isn’t free and clear, you won’t be able to apply.


Is your ownership title clean?

Your vehicle can’t have a salvage status or flood or hail damage to qualify for this loan. If you’re not sure, check your ownership title to see if any statuses are listed.


Do you know the estimated value of your car?

Use a vehicle valuation tool and browse online listings for your specific make, model, and year to get an idea of your car’s current value.

Access your money, keep driving your car

Compared to other options that use your valued vehicle as collateral, a Best Egg Vehicle Equity Loan could be a smart choice. Review the table to see what a $10,000 title loan could cost you vs. a $10,000 loan you could have with Best Egg.

Low, fixed APRs for affordable monthly payments

Flexible loan terms with no early payoff penalties

Ability to find a loan that fits your budget and cash flow

Traditional Title Loans Best Egg Vehicle Equity Loans
APR ~300% 18.99%
Repayment period $12,500+ due in 30 days $299/month over 4 years

*Chart Sources: FTC and Credit Karma


A Best Egg Vehicle Equity Loan empowers you to leverage the value of your car to secure a loan of up to $100,000. The loan can be used to finance a large purchase, consolidate high interest debt, or other purposes.

To process an application for a Best Egg Vehicle Equity Loan, we require the following documentation:


  • A valid driver’s license that will not expire within 90 days of your application
  • Proof of current auto insurance that will not expire within the next 30 days. Comprehensive collision coverage will also be required to fund the loan.
  • Proof of income (for example, recent paystubs and/or tax returns)
  • Proof of residence (for example, utility bills, a lease agreement, etc.)

Qualified applicants can select terms ranging from 24 months to 84 months.

A free and clear ownership title indicates there is no lien or loan on the vehicle. A clean ownership title indicates that it doesn’t have a salvage status or flood or hail damage. To qualify for a Best Egg Vehicle Equity Loan, your ownership title must be both clean and free and clear.

Once your application’s been approved and your information is verified, you can expect to receive money in your bank account in 7 to 10 days.

We understand that life throws curveballs every now and again. If you’re unable to make a payment or you’ve hit a financial rough patch, know that we have several flexible repayment options that could help you get back on track.

Ready to get started?