How It Works
From bringing your vehicle in to driving away with cash, here's the full process, step by step.
BEFORE YOU VISIT
What You'll Need
Bring these four things and we can start your valuation the same day.
A licensed, roadworthy vehicle
Your loan amount is set after our valuation team inspects it in person.
Vehicle registration (Blue Book)
The original registration document for the vehicle you're pawning.
2 certified copies of your Omang
Certified recently, as proof of identity.
A valid driver's licence
Confirms you're licensed to drive the vehicle in question.
THE PROCESS
Seven Steps From Keys To Cash
- 1
Bring your vehicle in
Bring your vehicle in with its documents for a valuation.
- 2
We assess and value it
Our team inspects the vehicle and gives it a fair, transparent valuation.
- 3
We make you an offer
A cash offer, generally up to 25% of your vehicle's assessed value.
- 4
You complete the paperwork
Accept the offer and sign our application and loan documentation.
- 5
Ownership transfers as security
You hand over your registration book so ownership can be transferred to Wilshare Pawnshop for the duration of the loan. This secures the loan; it isn't a sale.
- 6
Pawn & Drive
Tracker fitted, you keep driving
For Pawn & Drive, we install a tracker, then release your vehicle back to you.
Pawn & Park
Parked securely with us
For Pawn & Park, your vehicle is parked securely at our premises.
- 7
Cash released
Your cash is released once the Department of Road Transport and Safety (DRTS) has completed the transfer of ownership.
Pawn & Park vehicles are kept secure
Every Pawn & Park vehicle stays at a fenced, alarmed premises with manned personnel and CCTV transmitting to a central monitoring location, for the full length of the loan.
REPAYMENT
Repayment, Clearly Laid Out
Transparency is one of our values, so here is exactly how rollovers work, including the part where a loan can be forfeited. Tap a month to see it up close.
Minimum rollover payment is 40% of the outstanding amount each month. A loan can be rolled over for up to 3 months in total.
A NOTE ON OWNERSHIP
Security, Not A Sale
Transferring your vehicle's registration book to Wilshare Pawnshop is how the loan is secured, the same way a bank holds a bond over a house. It is never a sale. Ownership transfers back to you the moment you settle your loan in full, whether that's at 30 days or after a rollover.
Need Cash This Week? Keep Your Car.
Chat to us on WhatsApp for a no-obligation, confidential quote.