Prestacars - Opinions of Loans with car guarantee

car antique 10 years maximum
Early return Yes
Allow extensions No
Supports Credit Checker Yes
age 18 - 65 years
free first loan No
term 1 - 240 months
maximum first loan $ 2,000 - $ 10,000

Advantages and disadvantages of PrestaCars

  • Allow user requests in Credit Checker
  • They do not request payroll
  • Procedures 100% online
  • They also help you sell your car
  • They only offer up to 10,000 us dollars, even if your car is worth more

If you need financing and you have your own car, you can use it as collateral in Prestacars and obtain a loan of 10,000 us dollars , depending on its age and appraised value. In this opportunity we will tell you everything about obtaining a fast loan in Prestacars, including its requirements, conditions and opinions.

What is Prestacars?

Prestacars works as an intermediary between individuals and private lenders, granting quick financing as long as you own a car and can use it as collateral . It does not matter if you belong to a list of defaulters like Credit Checker and the best of all is that you can continue using your car even when it is pawned as collateral for the loan.

In addition, it is a quick way to get money if you need financing, since the entire process is done through an online application . You will be able to have the money in your bank account in less time than you imagine.

How do Prestacars Online Loans work?

performance providers

Prestacars works as an intermediary that allows you to access a loan easily and quickly, using your car as collateral. You can make the request and the entire process online by following these steps:

  • Enter the Prestacars website and select the "Loan with Endorsement" option . You can also choose the option to "Sell my Car" if that is what you are looking for.
  • Select the amount you need.
  • You will have to fill out a form about your financial situation , with data such as your monthly income level and if you are registered in a delinquent file.
  • Then you must fill in information about the vehicle and its current situation so that the platform can assess the car at no cost. This way you will know what its price is in the market.
  • Finally, you must enter your personal data and the platform will ask you to register for free to send the request.
  • If all the information is correct, they will call you to comment on the offer that best suits your needs.
  • Once you confirm that you agree with the conditions of the contract, you will receive the money in a maximum of 2 business days depending on your bank.


Prestacars is not a private lender but an intermediary between you and the lender. For this reason, it is not possible to establish a single Annual Equivalent Rate (APR) for all the loans that Prestacars handles . The interests will depend on the entity you choose, the repayment period, the value of the vehicle and the amount of money financed.


Opinions about prestacars

The repayment terms of a loan in Prestacars range from 30 days to 20 years and payments must be made once a month according to the established fee, through transfer or bank deposit.

In Prestacars you have two ways to return the car:

  • Car Pawn

Paying a car with Prestacars would work like the pawn of any asset, that is, you leave the car in a deposit as collateral in exchange for the money you need and until you finish paying the loan you cannot use the car again . If you cannot return it, you will even lose ownership of this asset.

  • Car use

It is important to remember that when you request a loan for your car as collateral , but you need to use it out of necessity or work, you will have to pay an additional fee for its use. This means that it will be necessary to pay this monthly fee and at the same time save to pay the full loan.

In this way, before incurring in this type of loan, it is necessary to analyze whether it is possible to cope with returning all the capital. Otherwise, the situation could end in a prolonged rental payment for a vehicle that you will not finish recovering.

Requirements and Conditions of the Prestacars Online Credit

loan for my car in Prestacars

The best thing about this form of financing is the fact that your requirements to obtain it are very flexible . In addition to owning a car, the minimum conditions that Prestacars requests are:

  • The car cannot be more than 10 years old.
  • Required age between 18 and 65 years.
  • Have an updated DNI or NIE.
  • Reside in the United States.
  • Have an active phone and email to receive a response to the request.
  • Have regular monthly income, which does not necessarily have to come from a payroll, but can be a benefit, pension or scholarship.

Is Prestacars Reliable? Feedback

When you register with Prestacars, your data will be sent to companies related to the personal loans sector. So you will probably receive commercial proposals from different companies adapted to your current conditions .

In general, Prestacars' opinions are positive, especially when it comes to the user experience and interface of the service . In addition, the company has different means of contact in case of presenting a problem.

Frequently Asked Questions about Prestacars

We have compiled the most frequent questions from users about Prestacars services:

Is the vehicle appraisal free?

Yes, the vehicle appraisal is free and without obligation. Prestacars will analyze and send you the current market value for your car.

What if I am in Credit Checker?

Prestacars will ask you to indicate if you are in Credit Checker, but this will not affect whether they approve or reject your request.

Should I give up my car?

Not necessarily, even if you have requested financing with Prestacars, you can continue using your car.

Do I need a payroll to get a loan from Prestacars?

No, although you must declare your monthly income on the form, you only need to have a car as collateral.

Can I repay the loan early?

Yes, and they will not charge you any commission for it.

Contact Prestacars

One of the greatest advantages of Prestacars is the fact that you can contact him by different means in case of any doubt:

Comments (0)
Leave your comment

Apply for a PrestaCars loan