Pawn Your Car for Cash and still, drive it
Pawn and Drive: Your One-Way Ticket to Instant Cash Without Losing Your Car
Do you need liquid cash fast? Do you have an asset, like a car, perhaps? Many South Africans are teetering on the edge of insolvency. According to statistics, over 10 million credit-active consumers are behind on their payments and 76% of their disposable income is spent on debt.
With a distressed economy negatively impacting the cash flow of South Africans paired with salary depression and the increase in the unemployment rate, there are more South Africans in debt than with jobs. Fortunately, when the bank can't help, you can unlock asset wealth with the help of a pawnbroker.
Pawnshops have been around for hundreds of years, with the basic idea being to loan people money. How it works is simple: you bring in something, like your vehicle, and hand it over to the pawnbroker as collateral for the loan. The pawnbroker loans you money and when you repay the loan plus the interest, you get your asset back. If you fail to pay back the loan, the pawnbroker keeps or sells the asset to recoup the outstanding debt.
Pawn Your Car for Cash Without Handing Over Your Vehicle
But at Cash Drive, we do things differently. Instead of handing over your car, we let you keep it. That is right; you legally pawn your car and still get to drive it around as you did before. Think of it as taking out a loan against your car. Is there a catch? No; just pay back the loan as stipulated in the agreement – that’s all. It is easy, convenient, and legal.
What You Need to Get the Process Going
Relatively new in South Africa, this type of financial-assistance service is proving to be a saving grace to many South Africans, from individuals to households and even businesses. But to unlock asset wealth, you will need to own your asset – a vehicle in this case – outright, with your name on the vehicle’s registration papers. The broker will require the ownership papers, insurance details (if any), vehicle service book, proof of address, three months’ salary slips, a spare key, and a copy of your driving licence and ID.
Unlock Your Asset Wealth with Cash Drive
At Cash Drive, we understand that times are tough and we are here to throw you a life jacket when no one else can. Based in Johannesburg, and with over 40 years of experience in the South African motor trade, we promise a quick, honest, and discreet accredited financial service.
Once the paperwork is finalised, we will install a tracking device and work out a deal, according to the value of your vehicle. You will receive cash within 30 minutes of signing the contract – and you get to drive away behind the wheel of your own vehicle.
At Cash Drive, our pawn-and-drive service is an easy, fast, and safe way of borrowing money. Whether you have a car, SUV, boat, motorbike, caravan, trailer, or truck, we can assist. And if you are unable to come to us, we will come to you. It’s as easy as that.