How to Pawn Your Car in Paarl
Pawn My Car Paarl is an asset-based loans provider that uses fully paid up cars, boats, bakkies and motor bikes as collateral. We offer on-site vehicle appraisals and process loan applications while you wait. Our mission is to provide our clients with service that’s fast and efficient, without the red tape.
The Pawn My Car loans process
Pawning a car in Paarl is quick, easy and completely trustworthy. All you have to do is set up an appointment at our branch and bring your vehicle in for an independent assessment.
Provided all the paperwork is in order, we’ll offer you an instant cash loan on the spot. Once the loan agreement has been signed, and your vehicle handed over as security, we’ll EFT the money into your bank account.
Why pawn a car in Paarl?
Our vehicle-based short-term loans are designed to help you manage your cash flow. As a small business owner in the wine, tourism or education sectors in Paarl, you may need access to emergency funds to tide you over seasonal fluctuations in turnover.
By temporarily liquidating a company truck or bakkie, you’ll have ready cash to pay staff, purchase inventory or pursue a lucrative contract or business deal.
Similarly, you can use that second car gathering dust in the garage to unlock money to cover school books and uniforms, vet’s fees, medical bills or home maintenance.
Where in Paarl can your pawn a car?
The closest Pawn My Car branch to Paarl is only 27 minutes away in Brackenfell. The most direct route is via the N1 Highway, the R300 and onto Old Paarl Road.
We’re on the same site as the Aroma Village Convenience Store, and diagonally opposite Fabric World. Our operating hours are 8h30 to 17h00 Monday to Friday.
Benefits of the Pawn My Car lending model
The Pawn My Car lending model is premised on using your vehicle as security. As a result, we store your car in a secure, restricted access facility for the duration of the term but we do not take ownership of your vehicle or allow anyone to drive it.
As the loan is backed by an asset, we do not ask you to submit proof of income or turnover. All we require are the original vehicle registration papers, a copy of your identity document and confirmation of where you live.
If the vehicle is owned by your business, we’ll also need a copy of the cipro documents and the proxy’s ID.
Why get a loan in Paarl from Pawn My Car?
Pawn My Car is a reputable loans provider, with a loans process that’s fast, transparent and fair.
- We have physical branches in major cities across South Africa.
- We’re a division of a reputable financial services company that’s registered with the National Credit Regulator (NCR).
- We hold your vehicle as collateral but, unlike “Pawn and Drive” schemes, we don’t take ownership of your vehicle when giving you a loan.
- Our interest rates are compliant with National Credit Act (NCA) guidelines.
- We don’t charge any hidden fees or apply early settlement penalties.
- We offer same-day payment; get the funds you need on the day you apply.
- We don’t give your information to credit bureaux or any other third party.
With Pawn My Car, you can use any vehicle that’s in your name to secure a loan quickly and easily, with no delays. For more information about how to pawn your car in Paarl, contact us on 086 172 9648 or simply complete and submit our online application form.
