You can get the loan as quickly as fifteen minutes after the appraisal is completed (if you accept our loan offer).
How will my sales advance loan be repaid?
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.
What’s the duration of a sales advance loan?
It’s usually a 3 to 6 months loan, but it can be extended if selling the vehicle becomes difficult.
How much can Hock Your Ride lend me?
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.
What is Market Value?
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.
Who will conduct the asset appraisal?
Hock Your Ride has a vast network of certified industry experts who can handle your appraisal.
What kind of vehicles does Hock Your Ride accept?
What are pawn loans?
Loans are based on the value of an asset which is kept by onsite of the pawnbroker for the loan term.
What is I have bad credit rating or bankrupt, can you still help?
Yes we can!
Do I have to be employed?
There is money owing on my asset can I still get a loan?
We prefer there to be no finance owing or at least minimal owing so it can be paid out from the principal amount borrowed.
What documents do I need?
You need 100 points of ID. At least one form of photo ID, asset
How long will it take to receive the money once the loan amount is agreed upon?
Once the vehicle is secured at our facility you have the money on the spot.
Why do you need to store my car or vehicle?
By law, your vehicle is what is used to secure the loan and it needs to be stored in our storage facility.
How long is the term?
The standard is 3 months but extensions can be made by paying the interest.
What happens if I cant afford to pay the loan and redeem the asset?
Your item will be sold.
We Loan Cash Fast Against Your Ride. Contact us today and get your Cash Loan now!