We offer our classic pawnbroking product for you in special cases and not at every location. Thanks to our license to carry out pawnbroking transactions, we always comply with all the requirements of the Pawnbroking Ordinance. Your vehicle is stored insured in one of our protected halls. The pawn ticket includes the appraised condition of the pawned item, the completeness of the documents and the total monthly costs (interest, costs, storage fee). During the entire term, your vehicle is insured by us at twice the mortgage lending value.
The basic requirement for concluding a pledge agreement is that you are the registered keeper and owner of the vehicle. In addition, the current market value of the object to be pawned should be at least €30,000. The exact payout is determined after the vehicle has been inspected by our branch manager on site.
In this case, it is a deposit transaction, which cannot be compared with our drive-on product. With the drive-on option, you sell your vehicle to us and then rent it back. We will be happy to advise you by phone or in person at one of our branches throughout Germany about our products and the respective benefits for your current situation.