DriveAwaySA

DriveAwaySA does not offer credit or car pawning services but we've included them since their services offer an ideal alternative to pawning your car.

Most people do not realize how easy it is to use the value of an asset to unlock cash.

DriveAwaySA developed a safe way for their clients to pawn their car and still drive it. Clients can now conveniently apply from the comfort of their homes by using DriveAwaySA's online form. The online application is user-friendly and only requires basic personal and vehicle details.

Improve your cash flow

You have to decide how much cash flow you want to access. DriveAwaySA will then purchase the vehicle for a cash flow contribution amount. You can drive away with your vehicle by paying a manageable monthly lease fee which means you are now renting the car.

You can repurchase the vehicle for the same cash flow contribution amount they sold it to you for as soon as you are ready.

Sell your vehicle in 5 simple steps

All you need sell your car at DriveAwaySA is your vehicle details, and basic information about yourself.

• Complete an obligation-free application form online. Some of the required information includes your name, contact details, vehicle make, model, mileage, year, and VIN.
• After applying, clients receive a cash-flow contribution offer. No credit checks are required as this is not a loan application.
• If the offer looks good, you can now submit your documents for verification, whereafter DriveAwaySA will set up a vehicle assessment and roadworthy test.
• After the approval of the document and both assessments, it’s time to sign the agreement. As soon as the papers are signed, you'll receive your cash-flow contribution payout.
• You'll then drive away with your vehicle, and as soon as you are ready in the future, you can buy the car for the same cash-flow contribution amount you received.

DriveAwaySA does not offer car pawning services or loans but rather allows you to sell your car to them to access quick cash and then keep using it for a set monthly fee. 

Clients receive a minimum and maximum capital offering based on their vehicle's current market value.

They choose an option that fits their needs, and after the vehicle inspection and roadworthy test, they receive a final capital offer. DriveAwaySA asks their clients for an orientation fee of only R5,750, which is deducted from the contribution amount.

Transparency is key

When clients decide to repurchase the car, they pay back the same cash flow amount they initially received - no interest charged. DriveAwaySA asks for an R2,000 administration fee for that amount, but they'll indicate the total price on the contract with complete transparency.

The maximum lease term with DriveAwaySA is 12 consecutive months. The agreement is month-month which means that clients can choose when the lease ends. At month end, they can decide to either lease the car for a month longer or buy the car back.

Sell your vehicle and keep driving it

DriveAwaySA provides a unique service that allows you to unlock the value of your vehcile. If your car is fully paid-off and in your name you can use its value to borrow money.

Upon applying, clients receive an offer to purchase the car, and if they accept, they essentially hand over the title of the vehicle as collateral.

What makes their service different from a loan is that the client can still drive the vehicle after selling the car. You're essentially renting the car for a manageable monthly fee until you're ready to repurchase it for the same amount you sold it for, with no added interest charged.

Because it's not a loan, no credit checks are required, and no interest gets charged.