Pawn your car

Use your fully paid-up car as collateral for a short-term loan.
No banks, no credit checks – just straightforward, same-day funding.

QUICK CASH USING YOUR FULLY PAID-UP CAR

Need money in a hurry? If you own your car outright, you can use it to secure a fast loan – without selling it.
 
Your car serves as collateral, so there’s no credit checking, minimal paperwork and no invasive questioning. Get the funds you need in your account within 24 hours, then drive your car away again once the loan and agreed interest are repaid.

Why pawn your car?

  • Unlock value without selling
  • Quick approval process
  • Strictly confidential
  • No excessive paperwork
  • No invasive questioning
  • No credit bureaus or banks

  • Quick & simple

    Running a construction business creates cashflow challenges. PMC was quick and simple.
    Mark Pawn My Car testimonial
    Mark

  • Great service

    InkonZo eZothile enobuhlobo. Great service. Friendly staff. I will definitely use you guys again when I need to.
    Amos K

How to pawn your car

1

Get a quote, instantly

Contact us with your car’s make, model, year and mileage. We’ll come back to you with an offer based on its value. The car must be fully paid up and registered in your name.

2

Quick inspection and approval

Bring your vehicle registration documents (in your name), ID book and proof of address to your nearest branch. We inspect the car and finalise the agreement.

3

Receive your money

Funds are transferred into your bank account within 24 hours. Your car is stored securely until the loan is repaid.

4

Get your car back

Once you’ve repaid the loan and agreed interest, your car is returned to you in the same condition you left it.

Why choose Pawn My Car?

Fast access to funds

Bank loans can take weeks. With us, you can have the cash you need within 24 hours.

No credit checks

Your car’s value secures the loan, not your credit history or employment status.

Complete privacy

We don’t ask about your salary or spending habits, and we don’t share your details with credit bureaus or any third party.

Keep your asset

Your car remains yours. Get it back once the loan and agreed interest are fully repaid.

Fair, regulated rates

All interest rates comply with National Credit Act guidelines.

GET CASH TODAY

You’re minutes away from the funds you need. Apply online now or call us on 0861 112 866.

Apply online now
Apply online now

FAQ: Pawning a Vehicle in South Africa

The only documents required are the original vehicle registration papers in your name, a copy of your ID and proof of residence. You must be prepared to leave your car with us as loan security.

Loan amounts depend entirely on the appraised resale value of your car. A newer, well-maintained vehicle with low mileage will qualify for a higher loan amount than an older or high-mileage model.

Funds are transferred within 24 hours of the agreement being signed.

Yes – and we don’t impose early settlement penalties or charge exit fees.

Yes. Your car is insured and stored in a restricted-access facility protected by state-of-the-art security systems.

Yes. A car pawn loan is a form of unrestricted financing. You decide how the funds are used.

That’s entirely up to you. Our flexible repayment terms range from 3 to 24 months.

No. The vehicle must be registered in your name.

No. The car is held as security for the loan and is returned to you once the funds have been repaid in full, in accordance with the terms of the agreement.

We have conveniently located branches in Cape Town, Sandton, Durban and Port Elizabeth.

Illustrative example: a client borrows R10,000 for 90 days.

Loan amount

Repayment period

Monthly interest

Total cost of loan

Initiation fee

Monthly fee

APR

R10,000

3 months

R500

R2,914.50

R1,207.50

R569

60%

APR & loan period

Fixed rates range from 36% to 60% APR and payment options range from minimum 3 to maximum 24 months. Apart from the initiation and monthly fees shown below, the only additional fee is credit life insurance if the borrower does not have this already.

Renewals

All accounts may be renewed if they are up to date.

Non-payment

Non-payments may result in the matters being escalated.

Collection

All payments are made via EFT or direct deposits into Lamna’s bank account. There are no debit orders.