Frequently Asked Questions about Car Pawnbroking

You can get the loan as quickly as fifteen minutes after the appraisal is completed (if you accept our loan offer).

Hock Your Ride makes this process simple and convenient for you. You will not have to make any payment up-front and all commissions and interest payments will be taken out of the final sales price of your vehicle.

It’s usually a 3 to 6 months loan, but it can be extended if selling the vehicle becomes difficult.

Hock Your Ride will provide an advance sales loan between 30% and 70% of the total market value of the vehicle. For example, if your car with worth $10,000, we will lend you between $3,000 and $7,000, depending on the vehicle.

Market value is the amount of money that you can expect to receive today from the sale of your vehicle. However, the market value is tangible, so it can depreciate in value over time.

Hock Your Ride has a vast network of certified industry experts who can handle your appraisal.

• Cars
• Boats
• Jet Skis
• Machinery
• Motorbikes
• Trailers
• Trucks

Loans are based on the value of an asset which is kept by onsite of the pawnbroker for the loan term.

Yes we can!

No

We prefer there to be no finance owing or at least minimal owing so it can be paid out from the principal amount borrowed.

You need 100 points of ID. At least one form of photo ID, asset

Once the vehicle is secured at our facility you have the money on the spot.

By law, your vehicle is what is used to secure the loan and it needs to be stored in our storage facility.

The standard is 3 months but extensions can be made by paying the interest.

Your item will be sold.