What forms of cars aren’t qualified to receive a loan from State Farm Bank?

What forms of cars aren’t qualified to receive a loan from State Farm Bank?

Collateral
  • Golf carts
  • Lawn mowers
  • Tractors
  • Tractor trailers
  • Energy trailers
  • Mopeds
  • Scooters
  • Sports bikes including R and RR suffixes
  • Fisker cars
  • Overseas or drag boats that are racing
  • Salvaged automobiles
  • Rebuilt and reconstructed cars
  • Custom-built automobiles
  • Grey market cars
Mileage and Age
  • Boats, motorcycles, and recreational cars over 15 years old
  • Cars over 150,000 kilometers
  • Cars driven significantly more than 50,000 kilometers annually
Other Restrictions
  • Cars for hire
  • Automobiles which do not have a NADA detailed value
  • Cars bought through A web auction with out a verifiable separate examination report
  • Cars en titled disqualified or branded through AutoCheck
  • Cars utilized as a main residence

[…]