Services

Home Services

PAWN TO DRIVE

WHY PAWN TO DRIVE?

For many people giving up their only form of transport is simply not an option.

Your work may require you have your own transport or you may have to do countless school runs in your car etc. For the most part having your own vehicle is essential.

The costs of renting a car are also not always beneficial, especially if you have to put down a large deposit or go through credit checks etc. It’s not an ideal situation for most people and this is the reason Just Pawn-IT offers you the choice of a car pawn loan but you get to keep your car.

The process for a loan against your vehicle where you get to keep it is simple. You bring your car to our offices and our assessor will discuss pawn to drive option with you. Once agreed your vehicle will be fitted with a GPS tracking system and you will get to keep driving it.

The Process

HOW PAWN TO DRIVE WORKS?

Possible Inconvenients

DISADVANTAGES

A Pawn to Drive agreement does cost slightly more than a Pawn to Stay agreement. This is due to the fact that we need to install more equipment in your vehicle to minimise our risk as you still get to keep your car. This increased cost is offset by the convenience of having your own car during the loan period, and you don’t need to jump through hoops to find a rental or other mode of transport.

PAWN TO STAY

WHY PAWN TO STAY?

The Pawn to Stay option offers better rates than the Pawn to Drive option as your vehicle is always kept in our secured storage facility, minimising our risk.

If you are in a position to give up your vehicle during the loan period, then this is the best option in terms of loan repayment value.

Other Assets that you can use
to apply for loan.

Just Pawn-IT also accepts the following paid up assets as surety for your loan. The more valuable the asset, the higher loan you can obtain:

Trailers;
Caravan’s;
Bakkies and/or trucks;
Earth-moving equipment;
Motorbikes;

If you feel that you own a valuable asset that we might accept as surety for your loan, kindly contact us to set up an appointment for us to evaluate your asset and immediately give you feedback.

“PLEASE NOTE! WE DO NOT BUY OR OFFER LOANS TO BUY YOUR ASSETS. WE ONLY OFFER SHORT-TERM FUNDS AGAINST THE ASSETS YOU OWN.”

Vehicle Types

The Pawn to Drive and Pawn to Stay options accept a wide range of motor vehicles. This include popular sedans, hatchbacks, luxury cars, SUV’s, compact cars, trucks and more. Your car must however be fully paid-up with a clear title in your name. If you are unsure if your vehicle qualifies or if you want to get an idea of your vehicles loan value, contact one of our friendly consultants.