In February 2019, my son (19yrs old) decided to pawn 'hock' his vehicle to help pay some of his bills. He pawned his 2009 Holden SV6 VE Commodore for a $1000 loan. The pawn dealership valued the car at $4,900 and pawned it against the $1000 loan payment and agreed monthly interest payments. The redemption period was 3 months, but unfortunately, my son wasn't able to