Title Loan Data for Cocoa Beach, FL
$2,748
Average Loan Amount
$500–$11,093
Loan Range
2012
Average Vehicle Year
5
Loans Funded
Based on 5 loans in Cocoa Beach from 2024 to 2025. Actual loan amounts vary based on your vehicle’s condition, mileage, your ability to repay the loan, and Florida regulations.
Actual Title Loans Funded in Cocoa Beach, FL
Actual loan amounts vary based on vehicle condition, mileage, and Florida regulations.
| Year | Make | Model | Miles | Funded Amount |
|---|---|---|---|---|
| 2018 | Tesla | Model S | 60,000 | $5,061 |
| 2008 | Saturn | VUE | 100,000 | $575 |
| 2008 | Saturn | VUE | 188,000 | $500 |
| 2009 | Nissan | Versa | 198,000 | $575 |
| 2017 | Hyundai | Elantra | 93,190 | $1,000 |
| 2016 | Jeep | Wrangler | 120,000 | $11,093 |
| 2001 | Toyota | Avalon | 200,000 | $250 |
Average Title Loan by Most Common Vehicles in Cocoa Beach, FL
| Vehicle Make | Avg. Vehicle Value | Avg. Loan Amount | Borrowers |
|---|---|---|---|
| Saturn | $850 | $537 | 2 |
| Hyundai | $6,825 | $1,000 | 1 |
| Jeep | $17,800 | $11,093 | 1 |
| Nissan | $650 | $575 | 1 |
Based on 5 loans in Cocoa Beach from 2024 to 2025. Actual loan amounts vary based on your vehicle’s condition, mileage, your ability to repay the loan, and Florida regulations.
Did You Know? Cocoa Beach by the Numbers
What Cocoa Beach Borrowers Used Their Loan For
| # | Top Use |
|---|---|
| 1 | Critical Home Repairs (Roof, Plumbing) |
| 2 | Electric and Water Utilities |
| 3 | Emergency Medical Bills |
Based on 5 borrowers in Cocoa Beach from 2024–2025.
Unemployment Rate in Cocoa Beach, Florida
9.0% of Cocoa Beach residents are currently unemployed, compared to the Florida state average of 5.0%.
Source: U.S. Census Bureau & Bureau of Labor Statistics.
Median Household Income in Cocoa Beach, Florida
The median household income in Cocoa Beach is $87,990. About 9.6% of residents live below the federal poverty line.
Source: U.S. Census Bureau & Bureau of Labor Statistics.
Title Loan Regulations in Florida
- Interest rate cap: Tiered: 30% per year on first $2,000; 24% per year on $2,001-$3,000; 18% per year above $3,000
- Loan range: $250 to $10,000 (typical market range)
- Repayment term: 30-day term, extendable for additional 30-day periods
- Regulated by: Florida Office of Financial Regulation (OFR)
What a Title Loan Costs in Florida
| Loan Amount | Term | APR | Interest/Fees | Total Due |
|---|---|---|---|---|
| $1,000 | 30 days | 30% | $25 | $1,025 |
| $3,000 | 30 days | 28% | $69 | $3,069 |
| $5,000 | 30 days | 24% | $99 | $5,099 |
Your actual rate and payment depend on your lender and agreement. Always ask your lender for the full APR before signing.
📖 Governing law: Florida Title Loan Act, Chapter 537, Florida Statutes
See all Florida title loan rules and consumer protections on our Florida title loans page.
Title Loan Questions for Cocoa Beach, FL Residents
Yes. You keep and drive your car throughout the entire loan term.
In many cases, you can submit your vehicle photos and details online for evaluation without bringing your car in person. The process is designed to be as convenient as possible. Start with a free estimate online.
Yes, mileage is one of the factors the factors used to evaluate your vehicle. The vehicle’s make, model, year, mileage, and overall condition are evaluated to determine its current market value. Higher mileage generally reduces the estimated value, which affects the loan amount. As a guideline, you may qualify for up to 50% of your car’s current market value.
You can use your title loan funds for anything you need. There are no restrictions on how the money is spent. Borrowers commonly use them for rent, utilities, car repairs, medical bills, and other unexpected costs. Because title loans are fast, they are well-suited for urgent financial needs.
Yes, title loan interest rates are typically higher than personal loans or credit cards for borrowers with good credit. Florida caps rates on a tiered basis under Chapter 537: 30% per year on the first $1,000, 24% on $1,001 to $3,000, and 18% on amounts above $3,000. Title loans are best for short-term emergencies when traditional credit is unavailable.
Florida law sets no minimum or maximum on title loan amounts. In Cocoa Beach, you may qualify for around 50 to $10,000 depending on your vehicle’s value and ability to repay. Most borrowers qualify for up to 50% of what their car is worth. Apply online for a free estimate.
Yes, high mileage does not automatically disqualify your vehicle in Cocoa Beach. Market value is the key factor. If your car has high mileage but is in good condition and still holds market value, it may qualify. Get a free estimate online to check.
A car title loan works by using your vehicle as collateral. Your car’s value and ability to repay are evaluated, a lien is placed on the title, and funds are released. You keep driving throughout the loan term. Once fully repaid, the lien is removed and your title is returned. Be aware: if you default, the lender may repossess the vehicle.
