Loans Against Bentley Classic Cars in South Africa
A Bentley classic car is more than a luxurious, high-performance vehicle. It’s a valuable asset that can be used to raise finance if, and when, required.
Pawn My Car offers loans against all Bentleys, including classic and newer models. Borrow against a Bentley with Pawn My Car and discretion is guaranteed.
Bentley popularity in South Africa
Up until recently, the luxury British automotive marque has had a limited, though enthusiastic, following in South Africa.
All that changed with the launch of the Bentley Bentayga, a high-performance SUV with smooth and seamless off-road capabilities.
To date, around 25,000 units of the hand-built supercar have been sold in South Africa, accounting for 70% of all Bentley sales. Despite the pandemic economy, the luxury marque recorded its best sales performance in 101 years.
The demand for super cars and super-luxury vehicles in South Africa is robust, particularly among wealthy and young, emerging entrepreneurs.
Naamsa’s head of trade, exports and research, Dr Norman Lamprecht, points out, “People who are able to buy these types of cars still buy them.”
Classic Bentley models
Worldwide, enthusiasts and collectors may own classic Bentleys – models older than 20 to 30 years – for enjoyment and as investments.
Bentley Mark V/VI | Bentley Corniche | Bentley Turbo R/S |
Bentley R Type | Bentley Camargue | Bentley Brooklands R |
Bentley Continental | Bentley Mulsanne S | Bentley New Turbo R |
Bentley T1/T2 | Bentley Eight | Bentley Azure |
Unlocking the value of a classic Bentley
Using a classic Bentley as security for a loan enables quick, easy and discrete access to funds.
Because the finance is secured by an asset, anyone who owns a Bentley is pre-approved for a loan. No documents are required to verify sources of income and the funding agreement is completely confidential.
That, of course, means credit agencies are kept out of the loop. As a consequence, the loan has no impact on the credit score, nor the ability to borrow money from banks and other financial institutions in the future.
The thought “pawn my Bentley” may seem incongruous, but it’s the safest way of securing emergency funding.
Where and how to apply for a loan against a Bentley
Pawn My Car has branches in major South African cities. All are easily accessible and operate during office hours.
Where to get a loan against a Bentley in Cape Town |
Pawn My Car Cape Town: 021 419 1113 |
Pawn My Car Brackenfell: 021 000 1879 |
Where to get a loan against a Bentley in Port Elizabeth |
Pawn My Car Port Elizabeth: 041 368 9590 |
Where to get a loan against a Bentley in Durban |
Pawn My Car Durban: 031 305 7202 |
Where to get a loan against a Bentley in Johannesburg |
Pawn My Car Florida: 010 880 2416 |
Pawn My Car Sandton: 011 440 0052 |
How to get a loan against a Bentley in South Africa
Applying for a loan against a Bentley with Pawn My Car is quick, easy and convenient. All that’s required is the details of the Bentley, which can be submitted online or over the telephone.
An initial loan amount is offered, based on the information provided and the current resale value of the car. If the offer is acceptable, the Bentley is physically appraised at the closest Pawn My Car branch.
The car, a copy of the registered owner’s ID, proof of residence and the original vehicle registration papers are handed over.
The loan agreement is signed and the Bentley is insured and safely stored in a lock-up facility. The funds are transferred into the owner’s bank account. The Bentley is returned once the funds, plus interest, are repaid in full.
Newer Bentley models in South Africa
The Bentley Bentayga may be smashing sales records in South Africa but there are equally stunning newer model Bentleys for traditionalists.
The Bentley Mulliner and Flying Spur have the sleek curved lines and genteel stature typical of the super-luxury marque, while the Bentley Continental GT is sporty.
Pawn My Car
With Pawn My Car, you can use a Bentley, or any car, bakkie, truck or boat that’s in your name to secure a loan quickly and easily, with no delays or laborious paperwork. For more information, contact us on 0861 112 866 or simply complete and submit our online application form.
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.
Renewals
All accounts may be renewed if they are up to date.
Collection
All payments are made via EFT or direct deposits into Lamna’s bank account. There are no debit orders.
Non-payment
Non-payments may result in the matters being escalated.
Illustrative example
Client borrows R10,000 for 90 days.
Loan
Amount
Repayment Period
Monthly Repayment
Total Cost of Loan
Initiation
Fee
Monthly Fee
(Interest + Service Charge)
APR
Loan Amount
R10,000
Repayment Period
3 months
Monthly Repayment
R560
Total Cost of Loan
R12,370
Initiation Fee
R1,000
Monthly Fee (Interest + Service Charge)
R650
APR
60%