Frequently Asked Questions
Everything you need to know about pawning your vehicle with us. Can’t find your answer? Just give us a call on 0470 632 369.
How much does a car pawn loan cost?
Our monthly interest rates are straightforward:
• Loans under $1,000: 35% per month
• Loans $1,000 to $9,999: 20% per month
• Loans $10,000 and above: Negotiable — call us for a personalised quote
A storage fee may also apply depending on the size of your asset. There are no application fees and no early repayment penalties — pay off your loan any time.
What’s the interest rate for pawning my car?
Interest is charged monthly (not annually):
• Under $1,000: 35% per month
• $1,000–$9,999: 20% per month
• $10,000+: Negotiable
For example, a $5,000 loan at 20% monthly means $1,000 interest per month. Repay $6,000 after one month, or pay $1,000 to extend for another month. A storage fee may apply depending on asset size. Call 0470 632 369 for an exact quote on your vehicle.
Are there any hidden fees?
No hidden fees. You pay the monthly interest rate (35% under $1,000, 20% over $1,000, negotiable over $10,000) and a storage fee may apply depending on the size of your asset. That’s it — no application fees, no early repayment penalties, no surprises.
What’s your ABN and licence number?
We’re a fully licensed South Australian pawnbroker:
• ABN: 89 639 323 014
• SA Pawnbroker Licence: SHD 0017384
We operate under South Australian law and are committed to transparent, fair lending.
What vehicles and assets can I pawn?
We lend against a wide range of vehicles and assets, including:
- Cars
- Motorbikes
- Trucks
- Vans
- Trailers
- Boats & dinghies
- Caravans & camper vans
- Jet skis
- Industrial equipment & machinery
- And much more…
Do you only deal with vehicles?
Yes. We’re a licensed pawnbroker specialising in vehicles and machinery — that focus is what lets us give you the cash you need quickly and fairly, then and there.
What are the requirements to get a loan?
It’s simple. To use your vehicle as security:
• The vehicle must be registered in your name
• The vehicle cannot be under any existing security or finance
You’ll also need to provide proof of ownership and 100 points of ID.
How much can I borrow for my vehicle?
Loans range from $1,000 to $100,000. The amount we offer depends on a few factors:
• The vehicle’s condition
• Its current market value
• The odometer reading
Get in touch for a free valuation — it only takes a few minutes.
Will my credit rating affect the loan?
Absolutely not. We use your vehicle as security, so there’s no credit check. As a pawnbroker, we don’t report anything to credit agencies — your credit rating is never touched.
What are the loan terms?
Our standard loan term is 1 month, and you can pay it off any time. To extend, simply pay the interest for another month. We’re flexible with our terms and interest charges — just chat to one of our friendly operators.
Where is my vehicle stored during the loan?
Your vehicle is kept in our secure, undercover warehouse facility under 24-hour security. Individual storage lockups are also available for extra peace of mind.
What are my repayment options?
However suits you best — cash or card in-store, or call us to pay over the phone via EFTPOS or bank transfer. We make it easy.
What happens if I can’t pay off the loan?
We always aim to help everyone get their vehicle back through regular payments — just talk to us if you’re struggling. If no payments are made and the loan contract expires, we may have to sell the vehicle to recover the money owed. We’ll always work with you wherever we can.
Still have questions?
Our friendly team is here to help. Get your free valuation or just have a chat.