Things to Know About Shipping a Financed Car!

Shipping a Financed Car? 5 Things You Need to Know!

Shipping a financed car can be daunting, especially if you have never done it before. You want to ensure the car is safely transported without any issues or complications. However, there are specific items you need to know and consider when shipping a financed car.

This article will outline five essential things to know about shipping a financed car to help ensure that your vehicle arrives at your intended destination safely and without issues.

1. The Lender Must Approve the Shipment

When you have a financed car, the lender retains true ownership until the loan is paid off. This means you must get approval from the lender before shipping the car. In most cases, this is a simple formality, but it’s essential to check with your lender to ensure you fulfill any requirements they may have.

Some lenders may require you to provide proof of insurance coverage for the car during shipment, while others may have specific guidelines for the type of shipping company you can use. Be sure to communicate with your lender and obtain their approval before moving forward with the shipping process.

2. Choosing the Right Auto Transport Company

Selecting a reputable and trustworthy auto transport company is crucial when shipping a financed car. As the car is financed, any damage that occurs during shipment could lead to significant financial problems.

Be sure to research different shipping companies with the Better Business Bureau, read customer reviews on places like Google and Yelp, and ask for recommendations from friends or family members who have shipped their cars.

Additionally, check if the auto transport company is registered with the Department of Transportation and has a valid Motor Carrier (MC) number. This ensures that they are operating legally and have proper insurance coverage.

3. Insurance Coverage is Essential

Insurance coverage is a critical aspect of shipping a financed car. Most auto transport companies offer basic insurance coverage covering potential damages during shipping. However, this coverage may not be sufficient for a financed car.

It’s essential to review the auto transport company’s insurance policy to ensure it covers the full value of your car.

You can purchase additional insurance through the auto transport company or your insurance provider if the coverage is inadequate. Be sure to have a copy of the insurance policy before the car is shipped, and understand the process for filing a claim in case of any damages.

4. Prepare Your Car for Shipment

Properly preparing your car for shipment is essential to ensure a smooth shipping process and to prevent any issues or damages. Before shipping, make sure to:

  • Clean the car, both inside and out. This will make it easier to identify any existing damages and ensure no items are left behind.
  • Document any existing damages, and take photos as proof. Share this information with the shipping company to avoid disputes in case of any new damages during shipment.
  • Remove or secure loose items, such as antennas, spoilers, or roof racks. These items can cause damage during transit or become damaged themselves.
  • Ensure the car has a minimal amount of gas in the tank, as this reduces the car’s overall weight and can lower shipping costs.

5. Understand the Delivery Process

Before your car is shipped, understand the delivery process and any potential fees or requirements. Some auto transport companies, like eShip Transport, offer door-to-door delivery, while others may require you to pick up the car at a designated location.

Be aware that some residential areas restrict large shipping trucks, which may require you to meet the driver nearby. Some auto transport companies charge extra fees for specific delivery requests or expedited shipping. Discuss these details with the shipping company to avoid surprises or additional costs.

For a free auto transport quote from eShip Transport, a reputable transport company, fill out the form below!


Shipping a financed car can be a complex process, but understanding the essential aspects and taking the necessary precautions can ensure a smooth and successful shipment.

Remember to communicate with your lender, choose a reputable auto transport company, obtain proper insurance coverage, prepare your car for shipment, and understand the delivery process.

By following these steps, you can have peace of mind knowing that your financed car will safely arrive at your intended destination.

For an easy and affordable way to transport your vehicle, call eShip today! Our experienced team of experts will ensure a seamless and stress-free auto transport experience. Contact us now to get a free, no-obligation quote, and experience the eShip difference!

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Things to Know About Shipping a Financed Car!
Things to Know About Shipping a Financed Car!