In a tight financial spot and need a quick loan? If you own a car, pawning it can beat selling it outright — you get cash now and keep the option to reclaim the car once the loan is repaid. Here's how to land the best deal.
How Pawning a Car Works
You hand over your car and title, and get cash in exchange. It may be less than an outright sale would bring (also an option here), but pawning lets you get the car back when you pay off the loan. Both routes are fast and easy.
Do Your Research First
Don't rush to the first shop. Check Kelley Blue Book for your car's value — and consider an independent appraisal. Read online reviews to find a reputable pawnbroker, and confirm they're registered and legitimate.
Decide: Sell or Loan
Approach your chosen shop and ask about their process. They'll first confirm you're the true owner of the car.
Have Your Car Assessed
An appraiser inspects the car's condition to set its market value. Aim for a loan close to that value. Beyond the title, you'll also need government-issued ID. Repay the loan without defaulting, and the car is yours again.
See our vehicle pawn loans page or call (561) 774-9292.