Ever get any great deals at pawn shops?

[dud]

Yes, I've picked up MANY great deals at PSs in the last number of years. If you understand what you are doing then it CAN be a great deal. Here is how I have found it works:

1. People bring in stuff because they need the cash. PS usually give a really low amount to person. A cop once told me that the VAST majority of the stuff in PSs is stolen but because few people record the serial #s of their stuff they can do nothing after the 30 day rule is up.

2. people can also bring in their stuff for a loan. THey pawn their stuff and get cash and have to re-pay the loan (at a REALLY inflated interest rate). If you don't pay off the loan, the item gets sold.

3. After the 30 days is up the PS ususally puts the stuff out for sale , usually at a rediculous price (although this is not always the case). Most of the shops that I have been to will negotiate the price down (usually about 25%) on many items.



A few of the deals I have found: power tools up to 75% off, DVDs, Vid games.

 

Originally posted by: absolu7
why would pawn shop get in trouble?

it has a business license and everything no?

buy and sell its that simple.

It is hardly that simple, they have to go through alot of things before they can sell it. If they bypass backround checks/etc, they can get into alot of trouble. Hardly a normal business.

 

[phantom309]

Pawnshops are great places to buy used tools and firearms, but suck for pretty much everything else. I did get a great deal on a custom-built guitar at a pawnshop once; they didn't know what it was and sold it for about a third of it's worth. But as a rule their prices aren't that great and they're almost always run by assholes. Haven't been to one since I discovered eBay.