Expert Tips for Getting the Best Motorcycle Pawn Loan

motorcycle pawn loan

The best motorcycle pawn loan gives you fast access to needed funds, without compromising your ownership of the bike.

Once the loan and interest have been repaid, the motorcycle is returned to you in its original condition.

If you have a paid-off motorcycle in your name, you can use it to get a loan against its value with Pawn My Car.

How to get a loan against a motorcycle

To use your motorcycle as collateral on a short-term loan, the bike must be paid off and in your name. It should have a reasonable value to base the loan on, so it helps if it’s in good condition.

Other requirements include:

  • up-to-date papers
  • roadworthiness
  • clean and rust-free
  • a spare key.

You can apply online to get a motorcycle pawn loan or you can call or WhatsApp us on 0861 112 866 for more information.

Steps for getting the best loan offer for a motorbike

Just rocking up for an assessment with your bike isn’t guaranteed to get you the loan amount you want. To get the best deal on a motorcycle pawn loan, follow these steps.

Research the value

Make sure you know the value of your bike based on the make, model, age, condition and resale value. This will help you assess if the loan amount you’re offered is fair.

Get scrubbing

Make sure your bike is clean and polished before you get it assessed for an asset-based loan. Also, check for rust.

Make repairs

Get the motorcycle serviced and fix any issues. The better the condition of a bike, the more likely it is to attract a healthy loan offer.

Find the best asset-based lender

Avoid unscrupulous pawnbrokers who don’t play by the rules.

To find a reputable lender, check for the following criteria:

  • a registered financial services provider
  • registered with the National Credit Regulator (NCR)
  • physical branches (not just an online presence)
  • a credible website that’s not riddled with errors
  • a commitment to protect your information from third parties.

Pawn My Car is a well-established, registered credit provider that ticks these boxes and more. Learn more about getting a motorcycle pawn loan with us.

How much we lend

The loan amount we offer is based purely on the assessed resale value of the motorcycle. This will depend on factors like the bike’s make, model, age and condition.

In the past, Pawn My Car has approved loans of up to R10 million.

Types of motorbikes you can use to get a loan

At Pawn My Car, we offer loans on most types of motorbikes, including off-road and on-road bikes.

We also accept vintage and older bikes as collateral, as long as they’re in good condition.

Typically, these are the bikes that attract higher loan amounts:

  • custom bikes like American Choppers
  • motocross and enduro bikes
  • off-road bikes and touring bikes
  • high-end scooters such as Vespa
  • sports and dual sports bikes
  • Harley-Davidson, BMW, Royal Enfield, Ducati, Yamaha, Honda, Suzuki and Triumph.

The benefits of using Pawn My Car

Pawn My Car is a trusted asset-based lender with branches in major cities across South Africa.

Key benefits:

  • simple, transparent and confidential
  • very fast access to funds (usually within 24 hours)
  • interest rates that are NCR compliant
  • no early settlement penalties or hidden fees
  • no impact on your credit rating.

We believe we’re the best motorcycle pawn loan provider in the country. We also offer loans against other vehicles, from cars to bakkies to boats. For more information, contact us on 0861 112 866 or simply complete and submit our online application form.

Complete an application now

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.


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


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


Non-payments may result in the matters being escalated.

Illustrative example

Client borrows R10,000 for 90 days.

Repayment Period
Monthly Repayment
Total Cost of Loan
Monthly Fee
(Interest + Service Charge)
Loan Amount


Repayment Period

3 months

Monthly Repayment


Total Cost of Loan


Initiation Fee


Monthly Fee (Interest + Service Charge)




Want discreet finance?

We'll give you a loan against your vehicle in 4 easy steps.

Share to...