When determining the amount you can be approved for on a title loan on a 2012 Mercedes Benz M Class, there are a few different things that lenders take into consideration. The main factors that come into play are the value of your vehicle, your income, and your ability to repay the loan. 1 The exact process varies depending on which lending option you choose; however, the fundamental procedures are quite nearly identical.
When looking for a title loan on your 2012 Mercedes Benz M Class start with Max Cash Title Loans, a title loan referral service. If you prefer talking, here’s our phone number: 855 561 5626. We work with all sorts of vehicles Toyota, Dodge, Honda, Chrysler, Chevrolet, and many more, so call today to see what we can do!
Title Loan Average for a 2012 Mercedes Benz M Class ML 350
In the recent past, at Max Cash Title Loans, we helped one customer receive $9,808 on an auto title loan for their Mercedes Benz M Class. 2 5 The M Class comes in a few options, available in rear drive or all wheel drive, from the affordable ML 350 4Matic all the way up to the premium ML 63 series. As of the time of writing, KBB reports that the base ML 350 SUV has a trade in value of approximately $10,661. For a used car, that’s pretty impressive. However, when you look at the keyless entry, brake assist, great hwy mpg/fuel economy due to its trip computer, heated front seats, front and rear leather seats, occupant sensing airbags for the passenger seat, and its other features, really it’s no surprise. They even have stability control, traction control, cruise control, a cd player, folding rear seats, and a tire pressure sensor.
In this instance, the owner was able to borrow a significant percentage of the vehicle’s equity! With one of the other styles, they would’ve qualified for even more! Here at Max Cash Title Loans, we know your SUV has value both to you and in terms of equity, and we will try our best to make sure you get the loan that meets your needs. 1 2
How Would a Title Loan Work for my SUV?
With a title loan, you keep the vehicle and the lender holds onto the title. You don’t have to trade in your vehicle to get the funds you need. A lien is placed on the title similar to when purchasing it from a dealership. Then lien is then removed once the loan is paid off. So hop behind the steering wheel of your Mercedes Benz, turn on the hands free Bluetooth, crank up that air conditioning, and cruise ahead to financial independence.
To learn more about the exact process of obtaining a title loan, check out our page on how title loans work.
Can I Still Get a Title Loan on my SUV with Bad Credit?
If you don’t have the greatest credit history and are considering a title loan on your 2012 Mercedes Benz M Class, you might be curious about whether you are able to obtain one of these loans.
Unlike a personal loan, a title loan is a collateral loan so for the most part the loan amount is based on the value of your vehicle. Chances are, if your vehicle is in good shape and you have income, you are eligible!
How Do I Get Started on a Title Loan for my 2012 Mercedes M Class?
When you need it, a title loan can be a great solution to get money fast! At Max Cash Title Loans, we’ve put the time into researching the best lenders across the nation. 4 We’ve got plenty of options, varying by location. 2
With our expert lenders and coverage that spans over 40 states, our mission is to get you the loan you need, when you need it. 1 2 When you’re looking for the best service on a title loan for your 2012 Mercedes Benz M Class, start with the skilled professionals at Max Cash Title Loans! 2
We strive to make getting a loan on your Mercedes Benz as simple of a process as possible! You can even use our convenient title loan calculator to get an estimate of your payments ahead of time. You should keep in mind though that the interest rate can vary depending on your choice of lending option. [car title loan calculator]
Summary of the Title Loan Process for a 2012 Mercedes M Class
- Apply with us, either online or over the phone. (It’s helpful if you have your VIN handy)
- Discuss the options with one of our loan agents to figure out which is the best option for you, based on your location and needs. 2
- Complete your application by providing a couple of documents. Either by bringing them in store, submitting them to us online, or even through text messages.
- Select to receive the funds from a number of different options (depending on which lending option you chose) 1 2
- Enjoy low monthly payments! 4
- Up to 5 years to pay off the loan, and potentially pay it off early with no penalty if you only need a quick loan. 3 4
- Even if you have a loan with a dealership, we can potentially help you refinance and get you more money! 1 2
When Ready to Apply you MAY Need the Following:
- Government issued photo ID
- Free and Clear Title
- Proof of income
- Proof of residence
- Pictures of the vehicle (front, sides, rear, and a couple others)
- Three references (not related to you)
- Insurance (some states require this but not all)
- Social Security Card (or a Document on which your name and SSN both are listed)
If you’re missing any of the above, don’t give up just yet! We’ve got a plethora of options available and will do our very best to help you out. 2
Get Started Now for a Title Loan on your 2012 Mercedes M Class!
Ready to begin with a title loan on your 2012 Mercedes M Class? Simply head online and fill out a short inquiry form! Once it’s submitted, a loan agent will reach out to you and help you along with the next steps! It’s that easy, so why not get started today with a car title loan right away?