Pawn your car

If you have a fully paid-up car in your name, you can unlock its value without having to sell it, by using it to secure an asset-based, short-term loan.

If you need cash, this is a fast, efficient way to secure a loan. There are no excessive paperwork or invasive questioning and no lengthy approval process.Your car serves as collateral for the loan, so factors like your credit rating and current income simply aren’t relevant.

How to pawn a car

To get a loan against your car, simply contact us and tell us the make, model, year and mileage of the car.

Once we have the details, we’ll make you an offer straight away, over the phone. The value of the car will determine the value of the loan we offer.

If you choose to proceed, we’ll arrange a meeting, where we’ll ask to see the original car registration documents (which must be in your name); your ID book, and proof of address. We’ll check the car and, if all is in order, finalise an agreement.

Then we’ll transfer the funds to your account straight away.

Advantages of pawning a car

If you use your car to obtain a short-term, asset-based loan with us, you can expect the cash you need to be in your account within 24 hours.

Once you’ve repaid the loan and monthly interest – which is charged in line with National Credit Act guidelines – the car will be returned to you, in the same condition you left it.

We don’t provide information to credit bureaus, banks or anyone else, so the process is strictly confidential.

Once you’ve submitted:
  1. Our representative will call you
  2. Bring your vehicle in for a value confirmation
  3. Ensure the documentation is correct
  4. Read, complete and if happy, sign the agreement
  5. Funds are transferred into your bank account.

Contact us

“InkonZo eZothile enobuhlobo. Great service. Friendly staff. I will definitely use you guys again when I need to - 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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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).

Call us for more information on 0861 112 866

Related Content

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)