Credit Claude AI or ChatGPT.
tidlorlogo

Car Valuation, Vehicle Title Loan Calculator from Ngern Tid Lor
Know your loan amount instantly from Ngern Tid Lor

Want to know how much you can get a loan from your car?

  • Free calculation, no fees
  • Calculation time less than 3 minutes

Select Cararrow-right To start the calculation

carCar
motorcycleMotorcycle
The numbers you get are just an estimate, the actual loan amount depends on the approval of the company

ทำไมต้องประเมินราคารถ
ก่อนยื่นกู้why-calculate-title

Know before borrowing! Don't waste time, gain confidence before applying for a car/pickup title loan by calculating the approximate loan amount

why-calculate-item

Know the approximate loan amount in advance

Help you decide how much to borrow and how much to pay per month

why-calculate-item

Plan your finances more accurately

Evaluate the loan amount in advance to avoid overpaying

why-calculate-item

Increase the chances of loan approval

Have clear information to avoid rejection

why-calculate-item

Save time

Don't wait for the staff to calculate, you can calculate everything yourself

Interest rates for Car/Pickup Title Loan

Interest rates: 12%–24% per year (effective from Apr 18, 2025), calculated on a reducing-balance basis

How much can I borrow with a car title loan, and how is interest calculated?

The loan amount you receive depends on several factors, such as vehicle type, age, condition and appraised value, as well as your income and repayment ability. The Company will consider a suitable loan amount on a case-by-case basis.

Tidlor car title loans charge reducing-balance interest at 12%–24% per year (effective from April 18, 2025), calculated on the outstanding principal of each installment. As the principal is repaid, the interest in the next installment decreases accordingly. Interest rates and conditions are subject to the Company’s consideration.

Interest per installment formula

Interest per installment = Outstanding principal × Annual interest rate (%) × Days in the installment period ÷ 365 ÷ 100

Example: first-installment interest on a car title loan

Suppose you take a car title loan of THB 100,000 at 12% per year, the first installment period is 30 days, and the example installment is THB 3,500. The calculation is as follows:

  1. Calculate the first-installment interest
    100,000 × 12 × 30 ÷ 365 ÷ 100 = THB 986.30
  2. Calculate the principal repaid in the first installment
    3,500 - 986.30 = THB 2,513.70
  3. Calculate the remaining principal
    100,000 - 2,513.70 = THB 97,486.30

The remaining principal of THB 97,486.30 is used to calculate the next installment’s interest, so interest decreases along with the outstanding principal.

Note
  • The above interest is an approximate calculation depending on contract date and installment due date
  • The reducing-balance interest rate is calculated based on the Bank of Thailand’s guidelines
  • Borrow only what is necessary and repay within your means. Interest rates are 12%–24% per year (as of April 18, 2025).
  • Notes on interest rates, fees and other expenses
  • Interest, penalties, service charges and any fees altogether not exceeding 24% per year
  • ATM withdrawal fee 5 THB per transaction (when combined with interest of each contract not exceeding 24% per year)
  • Transfer fee via Tidjai app 3 THB per transaction (when combined with interest of each contract not exceeding 24% per year)
  • Debt collection expenses (including VAT) (in the case of overdue payments)
  • 1 installment overdue: 50 THB per collection attempt
  • 2 installments or more overdue: 100 THB per collection attempt
  • Cheque return fee 200 THB per time
  • Stamp duty charged at the actual rate prescribed by law