Dealers can now offer financing to customers even when a branded title/vehicle is involved!1
Dealers can now offer financing to customers even when a branded title/vehicle is involved!1
Westlake Financial’s Branded Title/Vehicle program provides dealers a competitive loan offering for those customers interested in a branded vehicle. The program offers:
BRANDED TITLES/VEHICLES ACCEPTED
Vehicles labeled as salvage, junk, rebuilt, water damage, storm damage, flood, hail damage, lemon or crash test vehicle are all eligible for the branded title/vehicle program.
FINANCE PROGRAM HIGHLIGHTS
WHAT IS A BRANDED TITLE?
A branded title for a vehicle indicates that the vehicle’s title has been officially designated by a state agency as such. The definition of branded title, however, varies in each state. Please contact your local Department of Motor Vehicles for more information.
A branded title usually means that a vehicle has sustained damage at some point, which caused the title to be changed from “Clean” to “Branded”. However, a brand does not define the quality of the vehicle. For example: in the case that a vehicle is involved in an accident and sustains significant damage, it may be considered totaled but then gets completely repaired. Regardless of the improved condition after the incident, the title is permanently branded.
Interested in exploring branded vehicle inventory? DealerCenter’s Auction Run List makes finding the inventory you want easier than ever.
¹Branded Title/Vehicle Program is live on all states excluding New York, Massachusetts, and Puerto Rico. ²Depending on branded title/vehicle, additional printed forms may be required. Contact your rep for additional details.
