Ranked by revenue, Ferrari is second only to Porsche in South Africa’s ultra-luxury car market.

Anyone who has a Ferrari owns an asset of considerable value. It’s an asset that can be used to secure finance when needed.

Unlocking the value of a classic Ferrari

A classic Ferrari is rare and distinctive. It features flowing lines, a luxurious finish and iconic design.

As an investment, Ferrari is unmatched. Collectible classic models sell for record prices at auction.

There is another way of leveraging the intrinsic value embedded in a Ferrari classic car – using the vehicle as collateral for a loan.

Borrowing against a Ferrari: quick, safe and confidential

Securing financing through Pawn My Car requires nothing more than:

• remote contact, either telephonically or online
• a full vehicle appraisal
• the owner’s ID
• original vehicle registration papers.

Typically, a loan is processed in under 24 hours.

Complete discretion guaranteed

As financing is secured by an asset, a client’s credit history and scores are irrelevant.

We don’t share information with credit agencies, banks or other third parties. We don’t conduct affordability assessments.

All loan transactions are confidential and have no bearing on credit ratings.

Our branches: contact details

The Pawn My Car branch network covers major South African cities. All are conveniently located and operate during standard office hours.

Steps to getting a loan against a Ferrari

At Pawn My Car, borrowing against a Ferrari requires one phone call. Alternatively, a loan application form is available online.

Once the car’s details have been evaluated, an indicative offer of funding is relayed telephonically or via email.

The vehicle is physically appraised at a Pawn My Car branch. A contract is drawn up reflecting the available financing, based on the Ferrari’s mileage, condition and current resale value.

If the loan amount and terms of the agreement are satisfactory, the contract is signed. At this point, the vehicle is handed over and safely stored. The funds are transferred into the owner’s account.

Ferrari classic models

Any vehicle with the Prancing Horse marque is highly desirable whether it’s the Ferrari 20GT, the Ferrari Testarossa or the sporty Ferrari Dino.

Newer Ferrari models in South Africa

The latest addition to the Prancing Horse stable is the Ferrari Roma, a low-slung road racer with iconic lines. Launched in South Africa in 2020, this luxurious model has plenty of unique features, an award winning V8 engine and pricing that starts at R4.97 million.

Other newer Ferrari models include the following.

What we offer at Pawn My Car

As well as offering loans against Ferrari classic cars in South Africa, Pawn My Car offers loans against cars, bakkies, motorcycles, trucks and boats, with no delays or laborious paperwork. For more information, contact us on 0861 112 866 or simply complete and submit our online application form.

Complete an application now