Pawning a Car in Johannesburg

pawning a car in Johannesburg

Pawning a car in Johannesburg is an easy way to resolve a temporary cash crunch without having to part with your vehicle.

Rampant inflation is making it increasingly difficult to make ends meet. When the unexpected happens and there are no funds to cover expenses, pawning a car is an easy solution.

Pawn My Car provides loans against fully paid-up vehicles. We’re registered with the Financial Services Board (FSB) and our interest rates are NCA compliant. Our repayment terms are customisable.

The Pawn My Car Johannesburg branch is conveniently located off the Pretoria Main Road in Wynberg, Sandton.

How pawning a car in Johannesburg works

Pawning a car involves handing the vehicle over as collateral for a loan. As the funds are secured by an asset, the loan agreement is processed quickly and without the usual admin.

Anyone who owns a debt-free car can leverage its value, regardless of credit score, financial history or income.

Over the repayment period, the car is safely stored in a secure lock-up facility. Once the funds are repaid as per the agreement, the vehicle is returned to you.

The only time ownership reverts to Pawn My Car is when the terms of the loan are not honoured. If that happens, the vehicle is sold to recover the losses.

We do not alert credit agencies to the transaction or report defaults. The entire process of pawning a car in Johannesburg is transparent and confidential.

What’s required to pawn a car in Joburg?

As the registered owner of a vehicle, you can use it to secure quick capital. All that’s required is the car’s original registration papers, a copy of your ID and proof of residence.

If the car is registered under a business, we’ll need the company resolutions, CIPRO documents and a copy of the proxy’s ID.

The vehicle’s service records, current licencing status and condition can expedite the lending process, and optimise the value of the loan.

Why choose Pawn My Car as a vehicle-backed loan provider in Jo’burg?

With Pawn My Car, pawning a car in Johannesburg is fast, reliable and easy, with no delays or laborious paperwork.

Often, loans are fully processed within 24 hours of application. Our process is streamlined for efficiency, from the time you first contact us to when the funds are transferred into your account.

Our loan agreements are concise and straightforward. There are no hidden fees and we don’t impose early settlement penalties.

For more information, 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)