Getting a Loan Against a Car in Wynberg/Sandton

Getting a Loan Against a Car in Wynberg/Sandton
March 22, 2022 gnuworld
loan against a car in Wynberg

At LoanAgainst, we make it easy to get a loan against a car in Wynberg/Sandton, or elsewhere in Johannesburg.

Our loans are quick, trusted and discreet. Within just 24 hours, you can have the funds you need transferred to your account – without having to sell your vehicle.

Where in Wynberg/Sandton can you get a loan against a car?

Our Johannesburg branch of LoanAgainst is located on 5th Street in Wynberg/Sandton.

A team of consultants and vehicle appraisal experts is available during normal office hours on an appointment-only basis. You can call us to make an appointment to meet a consultant at our office. We’re easy to find at the address below.

How our loans against cars work

Getting a loan against your car in Wynberg/Sandton is fast and easy. There are the steps to follow.

  • let us know details like the make, model, mileage and condition of your car – and we’ll make an initial offer straight away
  • arrange to bring the vehicle to our Wynberg/Sandton branch for appraisal
  • we’ll make a final loan offer and if you’d like to proceed, draw up a formal agreement and use EFT to move the funds into your account.

Please note that we don’t offer a “pawn and still drive your car” scheme. In South Africa, this type of scheme is notorious for compromising people’s ownership of their cars.

Instead, we keep your vehicle is a secure, access-controlled storage facility for the loan duration. Once the loan has been settled, it is returned to you in exactly the condition you left it.

What you need to get a loan against a car

To qualify for a loan, you’ll need the car’s original registration papers, a copy of your South African ID and proof of residence (for example, a municipal bill).

You need to be the registered owner of the vehicle, which must be fully paid up.

How much can you get as a loan against a car in Johannesburg?

Our loans against cars are calculated as a percentage of the assessed trade market value of the car.

This value will depend on factors like the car’s make, model, age and condition.

Why get a loan against a car in Wynberg/Sandton?

With LoanAgainst, a loan against a car has these advantages:

  • very fast access to funds
  • no hidden costs or early payment penalties
  • no impact on your credit rating
  • discreet and confidential
  • competitive interest rates.

Contact us for more information about getting a loan against a car in Wynberg/Sandton – or simply complete and submit our online application form.