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Pawn Your Car and Still Drive It

What Does "Pawn Your Car and Still Drive It" Mean?

It's a cash loan secured against your fully paid-off vehicle — with one crucial difference from a normal car pawn: the car stays with you. Instead of parking your vehicle in a storage yard until the loan is repaid, we hold the vehicle's registration papers as security while you carry on driving it every day.

That means the asset you're borrowing against keeps doing its job: getting you to work, running your business, fetching the kids. You unlock the cash tied up in your car without giving up the car itself — and once your final instalment is paid, your papers are returned and the agreement ends.

To qualify, the vehicle must be fully paid off and registered in your name. Ready to see the process in detail? Read our step-by-step guide on how it works, or call 079-740-4156 for a free assessment.

Not Your Typical Car Pawn

Here's how pawning your car with Cash Quick Auto compares to the traditional way.

Traditional car pawn

  • Your car is locked in a storage yard for the full loan term
  • You lose your transport for work, school runs and emergencies
  • You may need to hire a car or pay for transport while you repay
  • You only see your vehicle again once the loan is settled

Cash Quick Auto — pawn & still drive

  • Your car stays with you — we hold only the vehicle’s papers as security
  • You keep earning, driving and living exactly as before
  • No extra transport costs eating into the cash you borrowed
  • Settle the loan and your papers come straight back

Why not just sell? Selling your car gets you the cash once — and then the car, and everything it does for you, is gone. A loan against your car gets the cash working for you now while the vehicle keeps earning its keep, and it's yours again outright the moment you settle.

Why Pawn Your Car With Us

Keep Driving Your Car

Your vehicle never goes into storage. It stays with you for work, family and daily life for the full term of the loan.

Cash Within One Business Day

Preliminary approval in about 15 minutes, and the money is in your bank account within one business day of signing.

Transparent, All-In Pricing

A 36% all-inclusive APR covering interest, the initiation fee and monthly service fees — see the full disclosures below.

Flexible Terms

Repay over anything from 3 to 24 months, with no penalties if you settle early and renewals available on accounts in good standing.

No Debit Orders

You stay in control of your repayments — instalments are paid by EFT or direct deposit, never pulled from your account.

Serving All of Gauteng

From our Sunninghill, Sandton office we help clients across Johannesburg, the East and West Rand and the wider Gauteng area.

How Much Cash Can I Get?

Requirements: vehicle fully paid for and in your name in order to qualify for a loan.

Get cash for your car and still drive it!

**Terms and conditions apply

Get Your Free Quote

Important Loan Disclosures

APR

36%

The Annual Percentage Rate (APR) on our loans is 36%. This is an all-inclusive rate that covers the interest rate, the once-off initiation fee and monthly service fees.

Repayment Terms

3–24 months

The minimum repayment period is 3 months and the maximum repayment period is 24 months. There are no penalties for early settlement.

Fees

Apart from the once-off initiation fee and the monthly service fee, the only additional fee is credit life insurance — and it applies only if you do not already have valid credit life cover in place. There are no other hidden fees or charges of any kind.

Illustrative Example

Client borrows R10,000 over12 months at our all-inclusive APR of 36%:

Loan AmountRepayment PeriodTotal InterestInitiation FeeMonthly Service FeeMonthly InstalmentTotal Cost of LoanTotal RepayableAPR
R10,00012 monthsR835.44R500.00R60.00R1,004.62R2,055.44R12,055.4436%

All figures are for illustration purposes only. The monthly instalment includes the monthly service fee, with the once-off initiation fee financed as part of the loan. Actual rates and fees are determined by an individual affordability assessment and will be confirmed in your pre-agreement statement and quotation before you sign.

APR & Loan Period

Our Annual Percentage Rate (APR) is 36% — an all-inclusive rate covering the interest rate, the once-off initiation fee and monthly service fees. Repayment terms range from a minimum of 3 months to a maximum of 24 months.

Renewals

All accounts may be renewed if they are up to date.

Collection

All payments are made via EFT or direct deposits to Cash Quick Auto. There are no debit orders. Apart from the initiation and monthly service fees shown above, the only additional fee is credit life insurance — and only if the borrower does not already have valid cover in place.

Non-Payment

Non-payments may result in the matter being escalated.