How it works?
Car pawning for financial relief, it’s as simple as that.
Unlike traditional pawn shops, we let you keep using your vehicle while repaying the loan. We install a secure tracking device and draw up a legal agreement to ensure both parties are protected.
Step 1
We examine the condition of your car’s exterior and interior.
Step 2
The mechanical condition and mileage of your vehicle is looked at
Step 3
Necessary documents such as the service book, registration papers, and proof of insurance are loaded onto our system and verified.
Step 4
All documents and vehicle information are cross-references with current market trends to determine the fair market price.
Step 5
Car Pawn Mania then presents you with a cash loan proposal based on this valuation.
Step 6
Upon acceptance of this proposal, a change of ownership is done on the vehicle, which will be reversed upon the timely and agreed upon payment plan.
Step 7
The vehicle is stored in a secure facility until the agreed upon payment is concluded.
Step 8
Default in payment and bridge of contract will lead to the selling of the vehicle to compensate for the financial losses of the organization.