Pawn My Car Cape Town | Car Pawn Shop in Cape Town

Pawn My Car Cape Town

Pawn your vehicle in Cape Town with Pawn My Car

home

Address

Office 201E, 2nd Floor, Soho on Strand, 128 Strand Street De Waterkant, Cape Town, 8001

phone

Contact number

021 419 1113

 

time

Operating Hours

Mon – Fri  8:30 a.m. to 5:00 p.m.

How does it work?

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Fill in the application form OR call us to discuss. Apply online
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We call you to setup an appointment
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Bring your vehicle for a valuation
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Sign the agreement
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Receive your funds

Services

With Pawn My Car, you can pawn your car for cash in Cape Town. We also offer loans against trucks, motorcycles and boats.

Why choose Pawn My Car?

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In business since 2013

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Immediate payouts

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Safe storage of your vehicle

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Branches nationwide

“InkonZo eZothile enobuhlobo. Great service. Friendly staff. I will definitely use you guys again when I need t - Amos K”
“Running a construction business creates cashflow challenges. PMC was quick and simple. - Mark”
“Thank you Pawn My Car. You saved my month - Eric”
“They helped me fund my business - Karen”
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Accreditations:

Pawn My Car is a division of Lamna Financial Services, which is registered with both the NCR (National Credit Regulator) and FSB (Financial Services Board).

Contact us

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Where to find us

Pawn My Car:

Address: Office 201E, 2nd Floor, Soho on Strand, 128 Strand Street De Waterkant, Cape Town, 8001

More about Pawn My Car Cape Town

Pawn My Car Cape Town is located in the heart of the Mother City, in comfortable offices on Strand Street. It’s minutes from some of the city’s best coffee shops, and from The Waterfront and Cape Quarter shopping centres. The branch is also only about a 500-metre walk from Cape Town railway station, and is on popular bus routes.

Pawn My Car Cape Town

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 Terms
Monthly Repayment
Total Repayment
Initiation
Fee
Monthly Fee
(Interest + Service Charge)
APR
Loan Amount

R10,000

Repayment Terms

3 Months

Monthly Repayment

R560

Total Repayment

R12,370

Initiation Fee

R1,000

Monthly Fee (Interest + Service Charge)

R650

APR

60%