To get the most out of your loan, you need to use an asset with the most value. For a vehicle, it helps to make sure your car is in good condition and well maintained. Your car’s make, model, year and mileage play a role. You can use a classic or antique car.If you’re using a vehicle as collateral, you can improve the loan offer by making sure:your vehicle service record is up to datethe spare tyre and jack are in placethe licence disc has not expiredyou have the spare key.