Cash Drive

Cash Drive is a South African car seller company that will give you cash for your vehicle and still allow you to drive it.

They have over four decades of experience in the South African Motor Trade and a team of expert staff who are more than capable of helping their clients with their purchases.

Benefits of partnering with Cash Drive

• They offer fast and tactful assistance with an emphasis on client privacy. They will not share your information with third parties.
• Cash Drive ensures that their packages are tailored to allow the customer to purchase their asset back
• There are no hidden fees, and they provide transparent communication at all times.
• Quick receipt of cash

How the process works

In just a few easy steps, you can pawn your car for cash and still be able to drive it in Johannesburg. Pawning your car means that you use it as collateral to secure funds to assist you with any financial shortages you might be experiencing. The amount that Cash Drive will pay you for the vehicle is dependent on the car’s resale value.

They will also take the vehicle’s condition, mileage, and trade value into consideration before they make you an offer. Additionally, how old your car is and its service history are also factors. You will still be allowed to drive your car or another vehicle given to you by the company that is the same model as your car at a fixed monthly rental fee.

First, you can either apply online or contact Cash Drive, and they will call you back. You will need to provide them with details on your vehicle’s make, model, and year. Make sure you have all the necessary documentation if you choose the online process.

You will need

• Certificate of Registration in Respect of Motor Vehicle (RC1 document), which indicates you are the owner of the motor vehicle, your SA identification document
• Your current driver’s license, proof of address (from the last three months)
• If you want to increase your chances further, bring along your service history book, which will increase the value.

Once you have uploaded the relevant paperwork, a consultant will contact you about how to proceed.

Next, you will need to bring your car in for inspection and evaluation. They will then decide on a value that they will be able to give you for the vehicle. Once you review their offer and accept it, they will process the transaction, verify your asset, and transfer the money into your account. They will also install a tracker in the vehicle.

What you need to qualify for a pawn car loan

• An essential requirement is owning an asset in your names, such as a motor vehicle (car, bakkie, motorcycle), boat, caravan, or even a tractor.
• You must be the registered owner of the asset. As the legal owner, you must sign the appropriate paperwork and indicate which account the quick loan needs to be transferred to.
• Your vehicle must be roadworthy and safe
• Your car should already be paid off in full.
• Documents: RC1 papers, driver’s license, proof of residence.

 The benefits of selling/pawning your vehicle

• The most significant advantage to using Cash Drive is that you will still be able to operate your vehicle AND get the money you require.
• If your cash flow has slowed down and you need money at short notice, you can get cash to afford those bills, develop your business, and more with Cash Drive.
• There are no hidden costs, fees, or high-interest rates involved.
• Since it is not a loan, there are no credit checks or affordability limits.
• The car rental monthly fee is significantly lower than what a car rental service company would charge for long-term use. Additionally, Cash Drive includes insurance in the rental price.
• Pawnshops in South Africa generally do not buy cars, so Cash Drive’s services are even more competitive.