Pawn My Car Cape Town
Pawn your vehicle in Cape Town with Pawn My Car
Address
Office 201E, 2nd Floor, Soho on Strand, 128 Strand Street De Waterkant, Cape Town, 8001
Operating Hours
Mon – Fri 8:30 a.m. to 5:00 p.m.
How does it work?
Fill in the application form OR call us to discuss. Apply online
We call you to setup an appointment
Bring your vehicle for a valuation
Sign the agreement
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?
In business since 2013
Immediate payouts
Safe storage of your vehicle
Branches nationwide
Contact us
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.
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 Period
Monthly Repayment
Total Cost of Loan
Initiation
Fee
Monthly Fee
(Interest + Service Charge)
APR
Loan Amount
R10,000
Repayment Period
3 months
Monthly Repayment
R560
Total Cost of Loan
R12,370
Initiation Fee
R1,000
Monthly Fee (Interest + Service Charge)
R650
APR
60%
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).