Do you need cash quickly?
Debt got you stressed out?
We have a Simple Solution for you.
Managing the financial implications of Covid-19 will be tough.
We want to help make it easier
We can help
We Can Help
DriveAwaySA believes that the unprecedented measures being taken in the attempt to contain the spread of Covid-19 in South Africa are necessary and that at this moment in time our primary focus both individually and collectively should be on securing and maintaining our health during this lockdown period. Therefore we are not processing applications during the lock down period.
Many of us are facing or will face financial struggles as the effects of Covid-19 take hold. One of the proven best ways to deal with stress and anxiety is to have a plan to will help you navigate these tough times. This is where we can help...
DriveAwaySA is committed to assisting all those that will be in need of a short-term cash flow injection in order to ease the transition between coming out of lockdown and satisfying all of the financial obligations and commitments you will need to catch up on.
Looking after one's family is a perhaps our greatest joy and responsibility. This can become a real challenge when the bills start to pile up. We would love to help ease your burden by unlocking the value you have stored inside of your paid off vehicle. Quick, simple and discreet.
Access the value, keep driving your vehicle. Let us show you how.
"Everyone deserves a helping hand sometimes."
There is a simple and smart way to smooth life's bumps in the road.
Find out how to use your paid off vehicle to access cash quickly, discreetly AND keep driving your car.
Times are tough in SA at the moment.
Sometimes you just need a little friendly help to get over a cash flow bump.
This is how we can help,
Don’t fall victim to any “Pawn my car and still drive it Cape Town” scams.
These unscrupulous companies target individuals who are in need of instant cash loans. They focus on people who are unable to access other cash any other way due to being black listed or having a poor credit score. Using their victim’s vehicle as collateral, they will do cash loans with no credit check, for an amount that is a fraction of the actual value of the vehicle. They make their money by charging exorbitant interest rates and fees. They know full well that their victim is unlikely to be able to afford the repayment costs. When they default they take the person’s car and keep chasing them for the outstanding fees.
Frequently Asked Questions
Is this a loan against my car?
Not at all! We will actually purchase your vehicle, and ownership of the vehicle will be transferred to us. At no stage do we lend you any money. You are also not obliged to rent either your own, or any other vehicle from us. It is entirely your choice if you wish to do so.
What are the requirements to be eligible to use this service?
What price will I get for my car?
What will the monthly rental amount be?
Our rentals are generally cheaper than if you were to rent a vehicle from a rental company such as Avis or Europcar. The rentals are calculated taking into account the type of vehicle, the age of the vehicle, mileage and the book value of the vehicle. The rental amount will also include: – insurance on the vehicle – tracking costs (the vehicle will be fitted with a tracking device). We would quote you a rental amount before you sign any documents to ensure that you are happy with all of the elements of the sale and/or the rental. We will give you at least one month’s notice of any increase to the monthly rental amount, and this will not happen more than once a year.
Are their any hidden costs I should know about?
How long can I keep my car for?
The rental runs on a month to month basis, and you are not tied into any minimum period. At the end of each month, you can either return the vehicle to us or rent the vehicle for another month by paying the rental for the next month to us.
If I want to buy my vehicle back, what can I expect to pay for the vehicle?
The vehicle price will again depend on the market value of the vehicle at that time, the condition of the vehicle, the age of the vehicle, etc. You could expect the vehicle to be sold back to you at as close to the market value of the vehicle as possible. The vehicle purchase price will be clearly indicated on the contract. No surprises.
How quickly can I get cash for the car?
Typically within 24-48 hours from the time you bring your vehicle to us for the inspection. If repairs are required to bring the car up to roadworthy standards, a repair consent form will need to be signed in addition to the offer to purchase and lease agreement. The purchase price will be transferred to you and as soon as the vehicle repairs are completed and the lease amount is paid by you, you can DriveAway.
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