Pawn Your Car for Cash Now and Get it Back Later

Exchange your car for cash, for now, not forever. Yes, there is a way that you can use your car as collateral for a loan and still get it back. That is exciting news, is it not? While you may have a car that is paid off and that you can stand to live without for a while, there is no reason why you should sell your vehicle just to get the cash you need now. Your current financial situation does not mean that you have to lose one of your most valuable assets. At XCELSIOR, we can help you. With our unique loan model, you can pawn your car for cash immediately. Once your loan has been repaid, you can take possession of your vehicle again. Everybody wins.

Pawn Your Car for Cash. No Questions Asked
When you pawn your car for cash with XCELSIOR, the process is quick and easy. We have a no-questions approach to lending, which means that you can take a loan out for whatever your heart desires. We provide a quick and easy online application form, our assessors will visit your premises to assess your vehicle value as quickly as possible, and we aim to pay out the loan on the same day that it is approved, or at least by the very next business day. We will not keep you waiting around.

Minimum Criteria to Apply for a Car Pawn Loan
When you use your car for cash, it is important to make sure that you meet the criteria, before you submit your application. First and foremost, you must be of age. We only provide loans to people who are 18 years or older. Also, you must be the owner of the vehicle, which must be paid off in full already. If you are not the owner of the vehicle, you will need written consent from the owner authorising you to pawn the vehicle. Only South African citizens or permanent residents of South Africa can apply to exchange their car for cash with XCELSIOR.

How Much Cash Can You Get When Pawning Your Car?
When pawning your car for cash, you will be offered a loan amount of no more than 50% of the vehicle’s current value. It is advised that you think responsibly when choosing a loan amount. Only loan what you need. Make sure that you can afford the monthly instalments, and check that you are comfortable with the interest rate attached. Affordability is important, as loans that are not repaid result in the loss of your vehicle. In the unlikely event that you cannot repay the loan, the vehicle will be sold. Any amount over and above what you owe XCELSIOR will be paid over to you.

Apply for a Loan with XCELSIOR
If you wish to pawn your car for cash, you have come to the right place. The XCELSIOR team will assist you with the loan process every step of the way. Simply get in touch with us via email or telephone for more guidance. Alternatively, you can complete our quick and easy online application.