How to Pawn Your Car in Stellenbosch
If you need a short-term loan with almost immediate access to funds, pawning a vehicle may be your best option. Pawn My Car is a reputable short-term loan provider that makes this process quick, simple and transparent, while offering competitive rates.
Pawning a car in Stellenbosch: how it works
We accept all types of vehicles – not just cars but also bakkies, motorbikes, small trucks and even boats.
Give us details of your vehicle
Simply contact us or complete and submit our form to give us details of the vehicle you want to pawn. We’ll contact you and make you a provisional loan offer straight away.
Visit a branch
If you choose to proceed, you’ll need to visit a Pawn My Car branch. Pawn My Car Brackenfell is just a 30-minute drive from Stellenbosch. It’s conveniently located along Old Paarl Road, in Brackenfell’s retail and business hub, and is open from 08h30 to 17h00, Monday to Friday.
At the branch, a qualified assessor will appraise your vehicle, considering factors like its make, model, age and condition. We’ll then make a final loan offer.
Get your funds
If you accept the terms, we’ll complete the paperwork, move your car to a secure, access-controlled storage facility and transfer the loan amount to your account straight away, via EFT.
Nobody else will drive your car. We hold it purely as collateral and, unlike many pawn and drive schemes, don’t attempt to take ownership of the vehicle. Once the loan and agreed interest are repaid, the vehicle is returned to you in the same condition you left it.
What you need to pawn a car in Stellenbosch
Any vehicle you pawn must be fully paid up and registered in your name.
The only documents you’ll require when pawning the vehicle are a copy of your ID, proof of residence (for example a rates or electricity bill) and the original vehicle registration papers.
Advantages of pawning a car
Pawning a vehicle involves getting an asset-based loan. This type of loan is secured by your vehicle, making it unnecessary for us to conduct time-consuming checks before approving your loan application.
Other advantages are that a loan from us is:
- fast – typically, you’ll have the funds you need on the same day you apply
- discreet – we don’t share information with credit bureaux or any other parties
- fair – we don’t apply any hidden costs or penalties, and our interest rates are competitive.
Why use Pawn My Car?
Pawn My Car is a trusted loan provider with physical branches throughout South Africa. Our loans comply with the terms of the National Credit Act (NCA), and our process is fast, simple and transparent.
For more information about how to pawn your car in Stellenbosch, contact us on 086 172 9648 or simply complete and submit our online application form.
