Do you have a small truck or bakkie for your business, or as a personal vehicle? If you do and you need cash, you can use it to secure funds – without having to sell it. Using a light or medium commercial vehicle or a bakkie, you can obtain a short-term, asset-based loan. How it…

With spiralling costs, a weak rand and comparatively low salaries, many South Africans are struggling to make ends meet. At the same time, financial institutions are tightening their lending policies. In this context, using a paid up vehicle to secure a short-term, asset-based loan is an attractive option. However, we strongly advise against the many…

Ask the average person in South Africa what they know about our car industry and there’s a good chance they’ll tell you we pay more for our cars than buyers from other countries. In fact, cars in many other countries – and the costs of driving them – are more expensive than they are here….

Whether it’s to pay your bills or to cover unexpected business or medical expenses, pawning your car is an easy way to get cash fast. It’s also an option even if, along with millions of other South Africans, you currently have a less than perfect credit rating. Pawn My Car Cape Town is part of…

South Africans are drowning in debt. Of the 24.25 million credit active consumers, a staggering 9.85 million are unable to pay back what they owe to banks, retailers and telecoms providers. This means more than 40 percent of South Africans who have bank loans, credit cards and retail accounts are in financial trouble. NCR statistics…

You rely on your car practically every single day. It gets you to work and your kids to school. You do the weekly shopping in it and the much-needed holiday away from the city. It only makes sense that you maintain your car properly. Servicing and maintaining your car ensures it performs at its peak,…

Pawning your car is a fast and simple way to solve a cash-flow problem. If you’re considering using your car as collateral for an asset-based loan, ensure that you get the best deal by preparing yourself, your car and your paperwork before you apply. How to pawn your car If you’re in need of funds…

If you’re in need of funds to solve a cash flow problem or to handle unforeseen expenses, pawning your car could be the right solution for you. Taking a loan against the value of your car is a fast and easy way to get a lump sum of cash. And because your vehicle is used…

Choosing to buy a car is a major financial decision. So what’s the best approach, financially speaking? Should you opt for a brand spanking new motor vehicle, or go for a good second-hand car? Here we consider the pros and cons of buying new versus old, to help you make a decision. Once you own…

Pawning a motor vehicle is an attractive option, especially if you need cash right away or have difficulty getting a loan from a traditional lender, such as a bank. However, you may wonder if pawning a car in South Africa is safe. Here we consider what’s involved. The modern pawnbroking industry Historically, pawnbrokers have a…