Car Pawnbrokers Gold Coast
Borrowing or conducting a vehicle pawn loan with The Gold King is very easy! We have same day $3,000 to $80,000 Car Pawn Loans available immediately!
The entire cash loan process can be completed in minutes. And you will get the cash you need instantly at The Gold King Pawn Shop!
Loans are available against most cars. This includes motorcycles, boats, jet skis and trucks.
Interest rates are negotiable! Call us now to discuss a competitive deal.
VEHICLE ACCEPTANCE CRITERIA
1. Generally speaking, cars older than ten years or with an odometer higher than 180,000 km will not be accepted.
2. The car we lend money against will need to be kept at our secure holding facility for the duration of the loan.
3. Twenty four hours notice is generally required before the vehicle is collected.
4. The vehicle must have a clear title with no finance owing on it.
5. Bad credit is no problem. The loan amount depends on the car's value, nothing else.
Loan Conditions
- Maximum Annual Percentage Rate (APR) is 20% per month or 60% for a three month period or 240% per annum
- Monthly interest rates on loans over $10,000 are negotiable
- There are no other upfront fees, no valuation fees and no hidden fees
- As an example, a customer who borrows $3,000 will owe $4,800 after three months
- Loans can be extended by paying one month of interest as per Second-hand Dealers and Pawnbrokers Act 2003
- Interest is based on the principal amount of the loan and is calculated monthly. Interest charged is not compounded
- Failure to pay out the loan at the end of 3 months or failure to extend the loan, will result in the vehicle being sold to redeem the money The Gold King lent