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Can you bargain at a pawnshop?

Updated: 10/3/2023
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14y ago

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This term that you use "cheap goods" it really depends on the goods you are looking for and what pawn shops sell like the show Pawn Stars on history channel that shop sells valuable stuff like old guns,coins,flat screen tvs,cars,motercycles,Sports Memorabilia and A Lot of antiques so you really have to check out the shop to know

Happy Shopping!!!!!!!

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14y ago
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14y ago

Items are generally cheaper in Pawn Shops than other retail places. Though, in Pawn Shops, items are usually used or refurbished (which is the reasoning of the lower prices) and retail stores usually only sell Brand New Products, and not refurbished or used products. Generally, items are cheaper in Pawn Shops.

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10y ago

Pawn shops have emerged from the dusty, scary old image they may have had in old movies. Today’s pawn shops are brightly lit and staffed with friendly people who like to bargain. Most shops are filled with items that have been pawned outright for cash. These items are available for sale to anyone who wants a good deal on merchandise that has been tested and looked over to be sure it works and is in good condition.

In the back room of the pawn shop, there is storage for items that have been pawned on a buy back basis. If a person decides they just want to borrow cash and use a valuable item as collateral for their loan, it is a buy back transaction. The “buy back” period is usually a month, but can be longer. If that person does not return for their item, it is forfeited to the pawn shop and they will put it out for sale to recoup their money loaned. They do not have to sell the item for its actual worth, just enough to cover the debt. But, they may want to gain a profit on the item. They can sell items for whatever they wish.

These loans are secured loans, secured by the collateral item. There is no credit check needed and just about anyone can sell to a pawn shop or borrow against a valuable item as long as they can prove that they are the legal owner of that item. The police keep in regular contact with pawn shops as both try to cut down on crime and stolen goods trade.

If a person borrows money from a pawn shop, the pawn shop will add a fee which is comparable to that charged by a payday loan cash advance store. On $100, the fee runs about $16, but varies on the length of the loan period. Pawn shops have good bargains, especially following the holidays when people need money to pay bills or receive items they do not want. That is a very good time to go shopping for deals at your local pawnbroker.

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14y ago

yes because the person who runs the pawn shop usally owns it and bargaing is the whole spirit of pawn shops

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13y ago

yes, i think .hopev.com is cheap

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