Cars are said to be one of the most precision possession of a person. However, if you consider the current global economic situation you can very certainly understand that the current economic condition is as such that it is almost impossible for middle-class people to afford a new car. Even the old ones have now become a very dicey one to keep. It is because if the riding inflation in the market and this situation if you suddenly need a huge amount of money then you must have to opt for Car pledge (จํานํารถ , which is the term in Thai).
How car pledge agreements work actually?
The concept of car pledge is very simple. Car pledge simply means that you are pawning your car to a company. This company in exchange for your car will give you money. Now this car will remain in their custody. During this period they will only look after the car and will not be using it. They will give you a certain time period within which you need to pay up their money in order to take your car back. They will also put an interest in your money and when you are to give it back to them you will need to pay up the interest as well. Now there is also another important aspect to it which is in case you fail to pay up their money within their given period your car will go to them without any conditions.
Pledge your car to the best dealer
So if you are to pledge a car you need to find a reliable pledging company. Because here reliability is important as it is a matter related to money. Apart from that, you need to find a company which puts little interest on your money in the first place. In this way, you can very easily get money quickly and reliably.