Don’t be put off by the concept of pawning a car. It’s a well-established and legitimate way to borrow money by using a paid-off asset.

Pawn My Car is proud to be South Africa’s most trusted car pawn shop, with many years in operation and physical branches in Cape Town, Port Elizabeth, Durban and Sandton, Johannesburg.

What we offer

Pawn My Car offers competitive short-term loans against the value of cars and other vehicles, from bakkies to boats. These loans use a paid-off vehicle as collateral on a short-term cash loan.

Our accreditation as a car pawn shop

Pawn My Car is a fully accredited financial services provider. Through our parent company, we are registered with the National Credit Regulator (NCR) and the Financial Services Board (FSB registration number 46335).

We’re also registered with the South African Police Services in terms of Section 3(3) of the Second-Hand Goods Act 6 of 2009.

What we DON’T offer and why

At Pawn My Car, we do not offer pawn-and-drive schemes for the safety of our clients. These schemes promise to let you put your vehicle up as collateral on a loan but still drive it for the duration of the loan.

Such loans often require you to sign ownership of the car over to the lender and you might be required to buy your car back from the lender. They also charge higher interest rates because of the increased risk to the lender. The NCR has warned consumers against these “too good to be true” schemes.

Pawn-and-drive schemes are much of the reason pawning vehicles is often distrusted as a viable way to get a short-term loan. When pawning a car, always use a fully accredited FSP that doesn’t offer pawn-and-drive schemes.

Some of our customer reviews

At Pawn My Car, the security of your finances and assets is our number one priority. We have numerous 5-star reviews on Google.

Here are a few of the positive reviews we’ve received online.

“Great service! Marlo went out of his way to explain the process to us and make us feel comfortable. Would highly recommend them.” Sharon

“The organisation is highly responsive and makes for a quick and seamless process. Led by a management team of stand-up guys, the team has adopted an organisational culture that expresses a genuine desire to offer assistance, and this is carried out consistently across all points of contact. A true example of a well-oiled machine, and a fantastic business.” Mizi M.

“Great service from Jared who has a great telephone manner and is friendly and professional. […] a company of integrity, and honesty. Great customer service as well.” Lee S.

“Running a construction business creates cashflow challenges. PMC was quick and simple.” Mark

“Thank you, Pawn My Car. You saved my month.” Eric

“InkonZo eZothile enobuhlobo. Great service, friendly staff. I will definitely use you guys again when I need to.” Amos K.

“They helped me fund my business.” Karen

Pawning a car with South Africa’s most trusted car pawn shop

If you’re interested in pawning a vehicle with South Africa’s most trusted car pawn shop, you can start the simple and transparent application process online.

With Pawn My Car, you can use a 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, WhatsApp 064 976 7106 or simply complete and submit our online application form.

Complete an application now