Loan Against a Volkswagen

loan against a Volkswagen

Pawn My Car offers competitive loans against fully owned Volkswagen vehicles.

When pawning a Volkswagen makes sense

When the unexpected happens, and there are insufficient funds to cover the costs, pawning a Volkswagen is a viable solution.

It entails nothing more than an online loan application, a physical vehicle appraisal, and a short hiatus without the car.

The pawn-a-car process is quick and easy. Limited paperwork is involved, the capital is available within 24 hours, and the loan agreement is strictly off-limits from credit agencies.

Whether you need money for home maintenance and repairs, or simply want to exploit an unbeatable deal, pawning a Volkswagen releases ready cash – and you retain ownership of your vehicular asset!

How and where to get a loan against a Volkswagen

Securing a short-term loan against a VW involves one quick phone call. Alternatively, you can apply for a vehicle-backed loan online.

We use the information provided about the Volksie – its model, mileage and general condition – to make a provisional loan offer.

If the offer meets expectations, the car is physically appraised at a Pawn My Car branch. A loan agreement is drawn up and signed, the Volkswagen is safely stored away, and the funds are transferred into your bank account.

Once the loan is repaid, the VW is released, and can be used to secure financing again in the future.

Pawn My Car operates branches in Cape Town, Gqeberha, Durban and Sandton.

Our admin services are available during normal office hours, and vehicle appraisals are by appointment.

How a loan against a car works with Pawn My Car

Pawning a Volkswagen is essentially the same as applying for an asset-based loan. The car secures the borrowed funds.

Anybody who owns a paid-up Volkswagen is eligible for a short-term loan, regardless of credit score or employment or financial status.

Volkswagens in South Africa

Volkswagens have been produced in South Africa since the early 1950s. Models like the VW Kombi and Beetle became so popular in the country that they developed into cultural icons.

Today, the Volkswagen Polo and Polo Vivo hatchbacks, as well as the Volkswagen T-Cross SUV and the Amarok bakkie, are still among the best-selling vehicles in the country.

Getting a loan against a Volkswagens with Pawn My Car

With Pawn My Car, you can use a car, bakkie, truck or boat that’s in your name to secure a loan quickly and easily, with no delays or laborious paperwork.

Pawn My Car is a division of a registered financial services provider. Our loans are safe, straightforward and completely discreet – and our interest rates are competitive.

For more information about getting a loan against a Volkswagen, 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)