Yes, you can finance an auction vehicle
Traditional banks rarely lend on auction and salvage title cars, but several lenders do. SalvageReseller is not a lender: this page shows you real options for clean and salvage title purchases, so you can get funded before you bid.
Four things to know before you look for a loan
Bids are binding. Get prequalified first so you know your exact budget.
Auction purchases must be paid in full, so slow loans do not work here.
Your lender sends funds to you or to us by wire. Credit cards and PayPal are not accepted.
If you win and cannot pay, you lose your security deposit. Funding first protects it.
Lenders that work for auction vehicles
Four options that actually fund clean and salvage title auction purchases. Compare rates and pick the one that fits your credit profile:
LoanCenter
A Westlake Direct company that finances what most lenders will not: salvage, rebuilt, flood, hail, lemon and clean titles alike. Salvage and clean titles alike are typically eligible; confirm with the lender. Prequalify online with no credit score impact and no SSN, with same day funding available. Good to excellent credit, US members only.
Visit LoanCenter (Westlake Financial) ↗LightStream
Unsecured loans up to $100,000 with no fees and no restrictions on vehicle age, mileage or title. Funding as soon as the same business day. Requires good to excellent credit.
Visit LightStream ↗SoFi
Personal loans up to $100,000. Looks beyond your score at cash flow and career, useful if your credit history is thin but your finances are solid.
Visit SoFi ↗Upstart
Accepts credit scores as low as 300 and weighs education and employment in its decisions. Rates run higher, but it is a real option when others say no.
Visit Upstart ↗Finance your purchase in 3 steps
Get prequalified before you bid
Apply with your chosen lender and lock your budget. Add fees, transport and repairs with our fee calculator so your loan covers the real total, not just the bid.
Win the vehicle at auction
Bid with confidence up to your approved amount. When you win, your lender finalizes the loan against the purchase.
Wire the payment and take delivery
Send the full payment by wire within three business days, counting auction day. We release the vehicle, and you arrange pickup or a transport quote.
Buying from outside the United States
US lenders on this page serve US residents only, but thousands of our members buy from abroad every year. Here is how the money side works:
Arrange funds in your home country
Local banks and lenders can often finance vehicle imports. Get the funds approved before you bid, the three business day payment window applies worldwide.
Pay by international wire transfer
We accept international wires to our Bank of America account. Send the payment right after winning, bank to bank transfers can take 1 to 3 days to arrive.
We walk you through it, in English or Spanish
From payment instructions to export documents and shipping, our team handles international purchases every day. Call (954) 671-0160 or contact us before your first bid.
Auction financing: frequently asked questions
SalvageReseller and Inloher Corp are not lenders and do not provide credit. The companies listed are independent providers shown for your convenience; listing is not an endorsement or a guarantee of approval. Rates, terms and eligibility are set solely by each lender. Always compare offers before you borrow.
