We specialise in providing asset-based loans secured through paid off vehicles, including cars, motorcycles, trucks and even boats. If you’re in need of a loan, we offer a fast, transparent and trustworthy service.

Where in Kraaifontein can I pawn my car?

Pawn My Car recently opened a new branch, making it easier for people in Kraaifontein and surrounding areas to get asset-based loans.

Our new branch is conveniently located next door to the Dairy Exchange, just down the road from the Brackenfell Hypermarket.

The branch is open from 8:30 to 17:00 on Monday to Friday.

Why consider Pawn My Car Kraaifontein?

For any kind of loan, it’s important to use a reputable loan provider.

Over the past two to three years, South Africa has seen a proliferation in “pawn and drive” schemes, and a number of these have turned out to involve scams. Also, many “online only” loan providers are fly-by-night operations and shouldn’t be trusted.

Unlike many of these schemes, Pawn My Car:

• has multiple, physical branch locations in major cities across South Africa
• doesn’t charge any hidden fees or penalties
• doesn’t take ownership of your car (many pawn and drive schemes do)
• charges interest rates that comply with the National Credit Act
• has been operating for many years in the industry.

Please note that we don’t offer a “pawn and drive” arrangement. We believe this is in our clients’ best interests. Instead, we keep your vehicle in a secure facility for the duration of a loan agreement.

Find out why we don’t recommend “pawn your car and still drive it” schemes here.

How does pawning a car with us work?

Pawning your car is simply another term for using a car to get an asset-based loan. In other words, you use the vehicle as collateral, to secure the loan.

Simply contact us and give us details of your vehicle, and we’ll confirm whether we can offer a loan. If you’d like to proceed, bring your vehicle in for a quick assessment, along with your ID, proof of residence and the vehicle’s original registration certificate.

We’ll then make a loan offer, based on the vehicle’s value. If you’d like to proceed, sign an agreement and we’ll immediately transfer funds to your account.

We’ll keep your car in a secure facility (without taking ownership of it). During this time, no one will drive or have access to your car. Once you’ve repaid the loan and agreed interest, we’ll return the vehicle to you, in exactly the same condition you left it.

What are the main benefits of pawning a car?

Our asset-based loans are popular because:

• the application process is simple, fast and transparent
• payment of funds is very fast; often with same-day payment
• the loans won’t affect your credit rating
• no penalty fees are charged for early loan settlement
• this type of loan doesn’t put your or your family’s other personal assets at risk.

For more information about how to pawn your car in Kraaifontein, contact us on 081 760 1138, visit our new branch in the area or simply complete and submit our online application form.

Complete an application now