Auto loans are very similar to home purchase loans: the automobile you buy secures the loan, so the creditor takes less risk. You generally don't get a clear title in those cases -- your creditor has a lien on the vehicle until you pay back the loan. This makes it tougher for you to market your car for cash. That said, auto loans are normally smaller than home loans, therefore lenders aren't as strict. You might have the ability to get a check for up to 110% of the automobile's worth, leaving some extra cash for registration and similar expenses.