How to Pawn Your Car in Kuils River
If you need funds to cover unexpected expenses, one option is to use a vehicle in your name to secure a loan.
At Pawn My Car, we accept a wide range of vehicles, including cars, motorbikes, bakkies and even boats, as collateral for asset-based loans. Our process is quick and straightforward, and our interest rates are competitive.
Why pawn a car?
Because your vehicle secures the loan amount, we don’t ask for proof of income or conduct other, time-consuming background checks.
This means you can unlock the value of a vehicle you own, without having to sell it. You can also access funds you need fast, without delays caused by lengthy approval processes.
By pawning a car, you can also secure funds even if you don’t qualify for a loan from a bank – for example, if you’re currently unemployed, have a poor credit rating or are under debt review. That’s because it’s purely the value of your vehicle that secures the loan.
Steps: pawning a vehicle in Kuils River
With Pawn My Car, using a vehicle to secure a loan involves three, straightforward steps:
- Step 1: Contact us with details of your vehicle. We’ll then make a provisional loan offer straight away.
- Step 2: Visit a Pawn My Car branch for a drive-in appraisal. We’ll make a final loan offer.
- Step 3: If you choose to proceed, we’ll complete the paperwork, take your vehicle for secure storage for the duration of the loan term and immediately transfer the funds to your account via EFT.
What you need to pawn a car in Kuils River
A vehicle you use to secure a loan must be fully paid for and registered in your name.
You’ll also need to let us see the following documents:
- a copy of your ID
- proof of residence
- the vehicle’s registration papers.
That’s it! No pay slips, bank statements or other documentation is required.
Where to pawn a car in Kuils River
Demand for asset-based loans in Kuils River and neighbouring suburbs has prompted us to open a new Pawn My Car branch, on Old Paarl Road in central Brackenfell.
The branch is just a 15-minute drive from Kuils River. It’s open from 8.30am to 5.00 pm, Monday through Friday.
Why use us to pawn a car in Kuils River
Pawn My Car is a reputable loans provider with physical branches in Cape Town, Brackenfell, Bloemfontein, Durban, Port Elizabeth and Sandton. We comply with the National Credit Act, and our interest rates adhere to the guidelines set by the National Credit Regulator (NCR).
Unlike many “pawn and drive” schemes, we do not take ownership of your vehicle when we approve a loan. We also don’t charge hidden fees or apply penalties for settling a loan before the agreed term.
For more information about how to pawn your car in Kuils River, contact our Brackenfell branch on 0861 112 866 or simply complete and submit our online application form.
