Classic pawnbroking is a thing of the past: cash & drive offers more
For those affected, a financial bottleneck means having to cut back. Anyone who went to a pawnshop had cash in their pocket after a successful appointment, but had to do without their vehicle and the mobility associated with it. The classic pawn shop with its cash & store principle (cash & storage) is now outdated - discover Pfando's cash & drive principle instead, which offers you an excellent credit alternative with the same mobility!
How does a pawnshop work?
With a classic vehicle pawn loan, the customer leaves their vehicle with the pawnbroker, receives cash in return as an immediate loan and redeems the vehicle when they are able to pay again. In addition to interest and processing fees, there are also parking fees for renting a parking space in a parking lot or garage that is inaccessible to third parties, which can be expensive if it takes a long time. In addition, you will not be able to use the vehicle and may have to factor in additional costs for renting a replacement car. Only when the rental amount, including the costs incurred and accrued interest, can be paid will you be able to redeem your vehicle and use it again.
Your advantages with Pfando's cash & drive principle at a glance:
- Cash in 60 minutes
- Vehicle stays with you
- Liquidity with constant mobility
- daily billing
- No income test
- no Schufa
- Maximum payout amounts
- guarantees the best conditions
- No minimum term
- Branches throughout Germany
- Specially trained staff
- Bonus points program with great rewards
- audited contracts
Advantages of cash & drive compared to pawnbroking
As already mentioned, a classic pawnshop is characterized by the fact that you hand in your valuables - typically jewelry, precious stones or even vehicles - to the pawnbroker and have them stored. The cash that you receive after the pawnbroking experts have determined the value is the only "profit" for you in this case. If you consider the additional fees incurred and the fact that you have to make do without your vehicle in the case of a car pawnbroker, you will have to make some compromises.
The Pfando cash & drive concept allows you to remain mobile and flexible, unlike a typical pawnbroker. For example, if you are a commuter and need a car for your journey to work, you can continue to use the vehicle thanks to our loan alternative without having to incur additional costs for renting a replacement car. You also save on parking space rental - simply continue to use the vehicle you have grown fond of and pursue your goals without unnecessary restrictions!
As an extra, we offer our customers an exclusive bonus points program:
Depending on the number of points you achieve, you can choose from rewards such as flat-screen TVs, a tablet and more - it's definitely worth it!
For whom is Pfando useful?
As the market leader for short-term liquidity, Pfando has already helped more than 20,000 satisfied customers to become solvent and able to act again. A financial bottleneck as such is extremely unpleasant for those affected, but the situation does not get any better if you have to do without something elementary such as your own car, van, truck or tractor. Especially for self-employed people such as entrepreneurs, craftsmen or farmers, earning an income becomes even more difficult or even impossible if they opt for a classic pawnbroking service. With Pfando, both private individuals and business people with short-term insolvency have a solution at their disposal that provides them with financial leeway in an uncomplicated, fast and Schufa-free manner!
How does Pfando work?
As the owner of a vehicle, you can contact Pfando to bridge a financial emergency situation unbureaucratically. The best thing to do is to make an appointment at your nearest Pfando branch. There, our trained employees will expertly assess your car, truck, motorcycle or similar, determine the value based on an individually prepared appraisal and provide you with comprehensive advice. We guarantee you maximum payout sums. If you have an offer from a pawnbroker or competitor, please bring it with you - we will make you a better one!
You can decide for yourself whether you would like to take advantage of our non-binding and free offer. The special thing about Pfando is our sale & rent back concept: receive cash on the same day by selling your vehicle to Pfando and simply continue to use the vehicle by renting it from us at fair conditions. Once your financial drought is over, you can have it transferred back to you at any time.
What items does Pfando accept?
In principle, Pfando accepts all vehicles with a market value of more than 3,500 euros. As the owner of a car, truck, bus, van, tractor or other agricultural equipment, motorhome, vintage car or motorcycle, you are welcome to contact us. If you are unsure of the market value of your vehicle, simply make an appointment at one of our branches - we will provide you with a free and non-binding offer including an estimate.
Another requirement is that your vehicle must be registered and insured. Vehicle registration document, identity card or passport and registration certificate of the owner must also be available. You can find a checklist of all the necessary documents in our download area.
Simply make an appointment at your nearest branch - we will be happy to take time for you!