Pawn and Drive for Flexible Loans
Unlock immediate cash with our car pawn and drive services, allowing you to secure a collateral loan without losing access to your vehicle. Keep driving your car while you repay the loan on flexible terms.
Our Process: How to Pawn and Drive Your Car in Cape Town
Partner with us for a straightforward and convenient way to pawn a car for cash. With just a few simple steps, you can enjoy a hassle-free transaction and quickly receive the funds you need.
Submit a Loan Application
You can contact us by visiting our Cape Town location, filling out a form on our site, calling, or using our WhatsApp helpline.
Provide the Needed Documents
The essential documents are vehicle registration, proof of ownership, and valid ID. The original vehicle registration will serve as loan security.
Vehicle Valuation
To assess the loan value, your car needs an evaluation to determine the maximum loan amount based on its condition and market trends.
Set up a Monthly Repayment
Loan amounts and monthly repayments are tailored to each client based on the vehicle's value and loan risk, with flexible terms ranging from 48 to 60 months.
Sign the Loan Agreement
You'll sign a loan agreement detailing the terms, including repayment and interest rates, which confirms your commitment to repay while allowing you to keep your vehicle.
Receive Funds
Congratulations!
You can now receive your cash. Depending on your agreement, you can either pawn and still drive or store it with us during repayment.
Why Choose Us
Flexible Loan Options
We offer flexible loan periods ranging from 48 to 60 months. If your loan period is 12 months or less, you can settle after just 3 months.
Quick and Easy Process
We value your time. Our quick appraisal service allows you to receive money fast, pawn your car, and still drive it.
Ownership Retained
You remain the proud owner of your vehicle throughout the loan period. Ownership will only be transferred to us if you default on the loan.
No Credit Checks
Say goodbye to complicated approval processes and piles of paperwork. Credit checks are not required, and your original vehicle registration documents will serve as security for the loan.
Help Settle Outstanding Obligations
We help clients settle loans with banks like Wesbank, ABSA, MFC, and Standard Bank. If the vehicle's value is R100,000 and the balloon payment is R30,000, we can assist in settling the amount owed to the bank on your behalf.
What Our Customers Have to Say
Outstanding service! I recently used Pawn and Drive for a short-term loan, and I couldn't be happier with the experience. The team was incredibly professional, guiding me through the process smoothly and efficiently.
Thoroughly impressed. From the moment I contacted them, they were professional, responsive, and incredibly helpful. They walked me through the entire process and made sure I understood all the terms and conditions.
Great, comfortable experience with P&D. I cannot speak highly enough of my
experience with Pawn and Drive. From start to finish, everything was handled with utmost care and professionalism.
Looking To Pawn and Drive in Cape Town?
Our team of experienced professionals is dedicated to providing exceptional service and ensuring your satisfaction. Rest assured that while your vehicle is collateral for the loan, you remain the owner throughout the loan period. We keep the original registration documents and title deed as security, and ownership is transferred to us only in case of a default.