We answer your questions so you can make the best decision.
A vehicle pawn consists of a contract under which we purchase your vehicle and offer you the option to buy it back within one month for an amount consisting of the money provided, the costs incurred and the commission for providing the funds.
All contracts have a duration of one month. However, at the end of each one-month period, the customer may either renew the contract by paying the costs associated with the funds provided or terminate it by paying the full amount provided, the costs incurred and the corresponding commission.
Your vehicle will be stored at our facilities, which are monitored 24 hours a day.
They are normally arranged on a monthly basis, although each case is different and is assessed individually.
That depends on the vehicle you wish to pawn, or the vehicles, as several vehicles can be included in the same transaction. We approve transactions for up to 60% of the vehicle’s value.
A vehicle pawn is a purchase and sale transaction with a buyback option, subject to specific time limits and payment commitments on agreed dates. However, the contract includes certain conditions whereby, in the event of a delay, additional fees may be charged, but a delay does not automatically result in the loss of the vehicle. Please note that failure to comply with the contractual obligations may result in termination of the contract.
Don’t worry. Thanks to new technologies, we can assess and sign the transaction without you having to travel to our facilities.
We need your ID card or passport, vehicle registration certificate, technical inspection documents and a report showing any outstanding charges or liens on the vehicle. We would then ask you to provide 5 photos of the exterior and 5 photos of the interior of the vehicle.
Yes, we also carry out transactions involving motorcycles. The process is the same.
We do not normally accept vehicles that are more than eight years old, although exceptions may be made for high-end vehicles.
Contact us and receive a free, no-obligation valuation.