Finance your vehicle’s repair costs. No credit required. No interests. Flexible payments.

Apply now for up to $25,000 in vehicle line of credit to cover your {car_name} repairs and maintenance costs.

Credit Limits

Minimum: $1,000

Maximum: $25,000 or 60% of the Vehicle’s Resale Value

Credit Limit is based on your vehicle’s usage, condition, year, make, model, and time on GarageTouch.

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Requirements

Your personal credit score is not required.

Your vehicle must have and maintain proper Vehicle Registration and Insurance in accordance to the law and must complete a Full Vehicle Inspection by a GarageTouch mechanic or technician. Inspection includes a visual inspection, road test, engine and mechanical system check.

Requirements for Commercial Vehicles

Used for rideshare, delivery, rental, or business activities.

Model Years 2012-2020
Financial Statements: Platforms Pay Statements or Business Financials

Requirements for Personal Vehicles

Used only for personal transportation, leisure, or private collection.

Model Years 1960-2020
Personal Income Verification: Paystubs, Bank Statements, Tax Returns

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Fees

Minimum Deposit: $500
Service Fee: $50 per Payment
Late Fee: $100 + 5% of Outstanding Balance
Prepayment Fee: $0
Interest Rate: 0%

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The Process

It only takes a few seconds to get your application process started and a few days to complete the process and fund your GarageTouch account.

Apply Now. Click the “Apply Now” button below to start your vehicle’s line of credit application process. An active Vehicle Care Plan is required to submit and approve your loan application.

Complete Inspection. Once you apply, we’ll schedule your vehicle inspection at your convenience.

Submit Documents. After the Inspection, we’ll send you a checklist of documents to provide us to finalize your loan application.

Sign Agreement. We’ll send you the Loan Agreement detailing the terms and conditions of the loan specific to your vehicle. Once you review and sign the agreement electronically, pay the Deposit, funds will be available in your GarageTouch account within 24 hours.

Get Repairs. You can request and pay for your vehicle’s repairs and maintenance services as soon as the funds are available in your GarageTouch account.

Make Payments. You’ll only pay back what you use in accordance to your Loan Agreement.

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Loans are not made by GarageTouch, and instead are made by separate, related entities. Loan eligibility is not guaranteed. All loans are subject to credit approval and may not be available to borrowers in certain jurisdictions. GarageTouch reserves the right to change or discontinue this program without notice.