We Pawn Cars
We can offer immediate cash loans of up to $50,000 against the value of your Car
We’re Sydney’s Leading Car Pawn Shop
– Shop 6c, 3 Victoria Rd, Parramatta –
BRING YOUR CAR IN FOR INSTANT CASH!
✔️ Bad Credit? … No problem!
✔️ No penalties for early settlement
✔️ Pay less if you settle early
✔️ No hidden extras
✔️ Guaranteed maximum loans
✔️ Fast & friendly personal service
✔️ Confidentiality is assured
✔️ A convenient way to borrow
Too easy … simply call Us!
Or apply online and we’ll call you
Or ‘Text’ pics of your car and recieve a free loan-value appraisal. Click here to see how >>
Types of cars we loan against:
We loan against most popular makes and models of cars including:
- Sedans
- Coupes
- Sports Cars
- SUV’s AWD
- 4x4s Offroad
- Dual Cabs Utes
- Super Cars
- Station Wagons
- People Movers
We also pawn Classic Cars, Muscle Cars and Vintage Cars
Do you need cash right now?
– hock your car for cash: $$
Borrowing against your car is an easy way of raising cash quickly.
Our Quick Cash loans against cars and vehicles of just about all types range from $2,000 to $50,000 – possibly more just ask – We offer same-day cash settlement on all loans.
Get a free no obligation quote by calling 1300 855 223
or completing our Online Enquiry Form.
Alternatively, you can ‘SMS’ photos of the car that you would like to get a loan on and we’ll give you a free appraisal of its pawn value. For more information, click here >>
Pawning a car: Important Information
We prefer to pawn late model quality cars in good condition:
- Ideally, cars that are less than 12 years old
– classic cars being the exception; - Registered and roadworthy cars
– at least 3 months rego’ remaining; - Cars with a good service history
– a service book will usually be required; - Cars with no serious mechanical or body imperfections
– all cars a undergo our free mechanical inspection; - In most cases, we will not pawn cars where finance is owing; but,
– we consider every car on a case by case basis.
If you want to pawn your car, you will need an acceptable form of identification:
- We will need to sight your Australian Drivers’ Licence
– your name address must match the car’s registered details; - In some circumstances we will accept a NSW Photo ID Card showing:
– Your name;
– Your address;
– Your date of birth; and
– Your signature.
We also need proof of your ownership of the car: i.e.,
- The car’s Registration papers (if applicable); or
- Sales Invoice (in some circumstances); or
- Other acceptable proof of purchase to prove your ownership.
Pawn Your Car Quickly & Hassle-Free
Our Parramatta (Sydney) location makes it easy for you to reach us
– Shop 6, 3 Victoria Rd, Parramatta –
-Please note that we work on Appointments only-
In addition to pawning cars and motorcycles, E-Pawn also offers pawn loans against trailers and other road-registerable vehicles.
– Frequently Asked Questions About Pawning a Car –
If I pawn my car, how much can I get?
Answer: Pawning a car is determined on its base / wholesale value. It’s unlikely that you’ll be able to borrow the car’s full retail value. (A car’s wholesale value is usually less certain than its retail value). The average loan offered by pawnbrokers is about 50% of the car’s wholesale value i.e, if your car is worth $20,000 wholesale, you may be able to borrow as much as $10,000 or perhaps a bit more depending on the car’s condition and your situation. Specialist car pawn shops like E-Pawn can usually loan you more than other pawnbrokers because we generally have a better idea of how much your car is worth.
Loans are available from $2,000 to $50,000. Occasionally, we will consider lending more. Among Sydney’s pawnbrokers, E-Pawn is widely considered the best to pawn your car or motorcycle with.
Does a bad credit rating matter when pawning a car?
In a nutshell, No. Many people wanting to pawn a car ask us if a bad credit rating matters. Regardless of your credit rating, we are able to provide you with a cash loan since you are pledging your car as collateral until your loan is fully repaid (including any interest due). As far as pawning is concerned, this is what it is all about. Learn more about >
Even bridging visa holders, unemployed people, and those receiving Centrelink benefits can pawn their car. Even cars on club registration, or that have limited registration, or undergoing restoration, can be pawned.
By pawning your car, you can secure a quick cash loan against it, which is great when you need money quickly. Also, if you are taking out a pawn loan for business purposes, the interest might be completely tax deductible.
Note: E-Pawn is not a payday lender.
Can I pawn my car and still drive it?
In Australia, when you pawn something with licensed Pawnbroker, you must leave the goods being pawned with the pawnbroker until the loan and interest is paid in full. So, when you pawn a car with us, we will keep the car in our possession until the loan is paid out in full. This process is known as “redeeming” the pawn loan.
Which is better, pawn or sell my car?
It depends on your individual circumstances and, most importantly, whether you have a reasonable expectation of paying back the loan. Using a car as collateral for a short-term loan can make sense when you have a reasonable expectation of paying back the loan and interest on time. However, where there is no such reasonable expectation, it might be more practical to sell your car. Learn more about >
Is it necessary for me to sign over the car?
No. If you pawn your car with us, you do not automatically have to sign over the title. As part of your Pawn Ticket, you’ll receive an agreement setting out additional loan terms and conditions that specify when your car can be sold if you default on repaying your loan. The following is a shortened example of such a term/condition:
Default: If you do not redeem your pawned goods by the Due Date stated on the Pawn Ticket, E-Pawn will sell your pawned goods without further notification. At our sole discretion, we may sell the pawned goods by auction or otherwise at our business premises, in a manner conducive to securing the best price reasonably obtainable, as soon practically possible after the Due Date.
– We will deduct from the sale proceeds the amounts you owe to us, including the total principal sum loaned against the pawned goods and the interest accrued on that sum to the Due Date, and as well the costs of or reasonably incidental to the sale.
Are all pawn shops willing to pawn cars?
No – A pawn loan can be secured by many items, including cars. Since handling vehicles requires specific infrastructure and processes, not all pawn shops accept cars as collateral. For example, in order to store cars securely, secure storage facilities are essential. E-Pawn is one of just a handful of pawn shops equipped to securely protect vehicles in their care.
“Hock a Car” means what?
A lot of people ask us what “hocking” means. Hocking a car is the same as pawning a car. The terms “pawn” and “hock” are synonymous. Interestingly, the word hock is still widely used in Europe.
Do you only pawn cars in Sydney?
We pawn cars from all over Australia. However, the car must be physically brought to our premises in Parramatta New South Wales (NSW), where E-Pawn is licenced.
Want to know more about our Pawn loans … Give us a call today!