Cool Car Equity Loans Ideas. You identify a lender that offers auto equity loans (not all lenders do—most large banks don’t, so you’ll likely have. Web an auto equity loan is a secured loan, and your vehicle is used as the securing collateral.

Web an auto equity loan is a secured loan, and your vehicle is used as the securing collateral. Web the process of getting an auto equity loan is similar to any other loan. You identify a lender that offers auto equity loans (not all lenders do—most large banks don’t, so you’ll likely have.