Is it possible to take out a loan using my car as collateral?

I would want to repay the loan over the course of two years or so, but the money would be very helpful to boost investments.

The car is worth about $10k

Only if your car has been paid off

yes anythings possible

Yes but do it at a bank only as those cash for car title places are rip offs and you will pay for your car 30 times over and still be in debt when you die at age 150.

Title Loans. Some loan companies like Citi Financial will take your title as collateral for a loan.

As long as your car is paid in full, and you have the title, and it is worth anything?

There are many places that loan money for a car title, they will be more likely than a bank, unless your car is worth say $20,000 and you want to borrow $10,000 or less.

Chances are the loan rates would eat up any investment gains.

Yes. There are "title loan" places in almost every city. But be carefull about going in to debt.

depending upon the car, how old it is, you might get a loan up to 80 percent of the low blue book value. Check with local banks and ask about auto loans.

Why not just get a used car loan from your bank? I'm sure they
would do the same for you as they do with dealers.

If you still owe on it perhaps they will refinance. Depending on Blue Book.

Since the car is clear, you shouldn't have any problem using it for collateral. I would not however go for 24 months. If you can get a longer term but still can pay it off in 24 months. Just make doubts payments. It's better to be safe than sorry later.

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