When It’s Time To Get A Transmission Repair Loan
Keeping up with transmission maintenance and repairs helps your car run smoothly and last longer, saving you from unexpected breakdowns. By taking care of it, you can avoid expensive fixes and keep your ride safe and efficient. If you need urgent transmission repair, you'll need access to fast cash. Thankfully, you can get a transmission repair loan to help from At Home Title Loans.
In this guide, we'll explore how to get a transmission repair loan and when you should pursue this emergency option.
When Should You Get A Transmission Repair Loan?
Transmission repair costs range between $1,500 and $5,000, with average repairs requiring $2,000 in labor costs alone. On the other hand, minor transmission repairs are relatively affordable. For example, a transmission leak is often around $200-$300.
On the other hand, a completely new transmission can go as high as $7,000 for luxury vehicles. That’s why a transmission repair loan may come in handy.
1. Alarming Noises
But not just any noise. A transmission repair loan may be available if you hear a distinctive grinding, rumbling, or banging when there’s a change in the gears. Other times, there is a whistling sound emanating from the engine. A good rule of thumb: If you consistently hear something you don’t recognize while driving, visit your mechanic.
2. Fluid Issues
The next time you look at your transmission fluid to ensure the level is correct, any brown or cloudy color means you may be having transmission issues. The color should be bright red and transparent and have a thickness similar to syrup's. Also, be aware of any leaking fluid. While leaking fluid alone doesn’t automatically mean that you’ll need a transmission repair loan, it may be worth taking it to a mechanic to see if the leak originates from your transmission.
3. Gear Switch Refusal
This is one of the most reliable indicators of a transmission issue. If you feel your car refusing to switch gears smoothly (or at all), the chances are high there’s some transmission issue—and it may be severe. Yes, it could just be that you are low on transmission fluid, but it can also mean that transmission rebuilding or complete replacement may be needed.
4. Shifting Is Slow
It’s not just a refusal to switch gears that indicates a potential transmission issue. If you have an automatic transmission that either doesn’t respond immediately to a shift or there’s a substantial lag when attempting a shift, it’s worth looking at it.
Slow shifting may be caused by low transmission fluid, but if it doesn't shift or reverse, a transmission repair loan for a rebuild may be needed. Worn-out gear teeth usually cause this transmission engagement block.
5. Your Mileage Is Getting Up There
One of the most common transmission repairs—particularly expensive—is a complete rebuild or replacement tied to your car's age and mileage. If your transmission seems to be failing, a transmission repair loan may be an option.
In automatic transmissions, this can happen usually between 80,000 and 150,000 miles. Manual transmissions are known to fail earlier. A significant factor is how committed you’ve been to routine maintenance.
But once mileage hits 80,000 and above, it’s up to you to determine the best course of action: get a transmission repair loan for a new transmission or spend hundreds of dollars regularly on needed transmission repairs to keep your car running smoothly.
Online Title Loans May Help With Repair Costs
Transmission repairs are among the costliest fixes for your vehicle. They cannot be ignored. If you’re struggling to cope with the cost of repairs, online title loans offer an option for assistance. A transmission repair loan falls into the category of online title loans, which use your vehicle’s title in exchange for a short-term loan.
At Home Title Loans connects you with a vendor who can approve you for up to $15,000 with a title loan. When approved, you can keep your car and drive it as you usually would for the loan duration.
How To Get A Transmission Repair Loan
Getting a transmission repair loan is a convenient option if you're searching for fast cash for an emergency loan. Here's how the easy process works:
- Please fill out the short online title loans inquiry form on our homepage.
- Soon, one of our vendors will have a loan specialist give you a quick call to guide you through the process.
- Bring your required items to the meeting. You can even have one of our specialists come out to meet you.
- Our trusted representative will review your items and perform a quick vehicle inspection.
- Once you are approved, you get the emergency cash that day or the next day.
Get Started An Auto Title Loans Today
The cost of transmission fixes and rebuilds can create a financial emergency. If you need assistance addressing a high car repair bill, At Home Title Loans can connect you to a lender who can get you the funds to fix your transmission within 24 hours. Get started with auto title loans online today by filling out a short online inquiry form on our website!
Note: The content provided in this article is only for informational purposes, and you should contact your financial advisor about your specific financial situation.
