Loans Against Ford Vehicles

loans against ford

Looking to unlock the value of a Ford, without selling it? The process of securing loans against Ford vehicles is fast, discreet and straightforward.

How and where to get a loan against a Ford

Pawn My Car offers competitive loans against Fords, including sedans, SUVs, bakkies and trucks.

To use a Ford vehicle to secure a short-term loan, simply contact us. Give us the details of the vehicle and we’ll make an indicative loan offer, based on the vehicle’s resale value.

If you’d like to proceed, we’ll arrange for an appraisal of the vehicle at one of our branches. We’ll then make a formal loan offer. Once paperwork is completed, we take the Ford for storage in a secure facility and make an EFT transfer of the funds to your account, typically within 24 hours.

Once the loan terms have been met, your Ford is returned to you, in its original condition.

Where to find Pawn My Car branches in South Africa

Pawn My Car is a registered provider of loans against cars in South Africa. We accept fully owned vehicles, including Ford cars, bakkies and trucks, as collateral.

Our branches are centrally located to enable convenient access to our vehicle appraisal services and support fast loan-approval turnaround times.

Our branches: contact details

Pawn My Car is a registered finance provider with branches in key South African cities. Our consultants are available during office hours to set up vehicle appraisal appointments and process loans against cars quickly and efficiently.

Where to get a loan against a Ford in Cape Town

Pawn My Car Brackenfell: 021 000 1879

Pawn My Car Cape Town: 021 419 1113

Where to get a loan against a Ford in Johannesburg

Pawn My Car Sandton: 011 440 0052

Where to get a loan against a Ford in Durban

Pawn My Car Durban: 031 305 7202

Where to get a loan against a Ford in Port Elizabeth

Pawn My Car Port Elizabeth: 041 368 9590

Popularity of Ford in South Africa

Ford’s history in South Africa goes back as far as 1905, and Ford vehicles have been manufactured in the country since 1924.

Today, Ford Rangers, Ford Ecosports and Ford Fiestas are among the country’s most popular cars. SUVs like the Ford Ranger are especially in demand. It’s one of the best-selling cars in South Africa, in both new and secondhand vehicle markets.

What documents you need

To process a loan against a Ford, we’ll need the vehicle’s original registration certificate, a copy of your ID and proof of residence.

When pawning a Ford makes sense

Pawning a Ford (or any other asset of value) makes sense if you need fast access to funds and you know you’ll be in a position to repay a loan in coming months.

With Pawn My Car, loans against Fords don’t impact our clients’ credit histories. Unlike banks, we don’t share information with credit bureaus or other third parties. We also don’t charge any hidden fees or early settlement penalties.

For more information about loans against Ford vehicles, 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.

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%

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