Regular Contributor
Posts: 150
Registered: ‎05-04-2012
Re: CAPITAL ONE Blank Check Approval 30,000...LTV? HUH?

Loan-to-Value is the maximum amount you are able to finance for a specific vehicle based on that vehicle's actual value. This may be different than your overall maximum loan amount.

LTV is calculated based on the total amount financed divided by Invoice for new vehicles or the NADA or Kelley Blue Book (based on state) wholesale/trade-in value for used vehicles. For example, if you want to purchase a vehicle that is valued at $20,000, and the LTV advance percentage is a 130%, then the maximum allowed check amount would be $26,000.


Googled capital one LTV that is what I came up with, sounds like they will give you a loan for up to 110% of the value of the car (NADA or KBB)

Starting Score: 502 5/4/2012
Current Score: 640 08/03/2012
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