Did you know there are over 12,000 pawn shops in the United States? And that they loan or buy nearly $2 billion dollars’ worth of goods each year? If you’re not using your local pawn shop to get quick cash or find great deals on gently used merchandise, you’re missing out! Here are three reasons to start shopping at your neighborhood pawn shop.
You’ll Get More Money for Your Stuff
Many people think that banks offer better loans than pawn shops. But the truth is, banks almost always give you less money for your collateral than a pawn shop will. That’s because banks are in the business of making money from interest on loans, not from reselling merchandise. Pawn shops, on the other hand, want to give you enough money for your item so they can turn around and sell it for a profit. So if you’re looking to get top dollar for what you’re selling, a pawn shop is usually your best bet.
You Can Negotiate
When you go to a yard sale or consignment store, the price is set and there’s no room for negotiation. But at a pawn shop, everything is up for negotiation! Pawnbrokers expect customers to haggle with them over prices, so don’t be afraid to try and get a lower price on an item that interests you. Even if the initial offer isn’t what you wanted, remember that every little bit counts when bargaining with a pawnbroker.
You Never Know What You Might Find
One of the best things about shopping at pawn shops is that you never know what treasures you might find. Pawn shops carry everything from electronics and jewelry to musical instruments and power tools. So whether you’re looking for something specific or just browsing for bargains, chances are good that your local pawn shop will have what you’re looking for – or something even better!
So next time someone tells tales of woe about their bad experience at their local bank or how they got ripped off at a garage sale, tell them about all the great deals (and quick cash!) to be found at their friendly neighborhood pawn shop! Who knows – maybe next time it’ll be them sharing stories about their latest amazing finds at their favorite place to shop: the trusty old Pawn Texas Shop down on 19th Street!
