March 10, 2020 - Electronics
But like pawning or selling other electronics, things like brand names, condition and completeness are still important. This is my guide to help you understand what pawn shops look at when deciding how much to offer you for your TV.
Thanks to Brian the Pawn Nerd for his advice on pawning televisions. You can read Brian’s thoughts here: How Much Can You Pawn a TV For?
First, the brand of a TV is critical. Each brand has a reputation of performance, technology, and reliability – amounting to quality. Though there are exceptions in each brand, here is a rough order of their quality:
The bigger the screen, the higher the price you’re likely to command.
Less than 40”
Greater than 40”
A pawn shop can come up with a relative offer price in mind by finding out the size and brand of the TV you wish to pawn or sell.
If you have an average brand TV that has a screen size greater than 42”, you should expect to have a lower offer than someone who brings in a TV with an excellent brand with the same size.
I learned this last week when I saw a 55” Sanyo TV get an offer of $200, while a 55” Samsung TV got an offer of $400. Now remember these prices will only apply if your TV is relatively new (at most, about two years).
If you have any questions or need advice on selling or pawning your TV (or anything else!), shoot me a message at email@example.com. We’re always eager to help!
Jordan Birnholtz is the cofounder of PawnGuru. An alumnus of the University of Michigan, Jordan started PawnGuru in 2015 with Jon Polter, David Stiebel, and Jessica Zahnd. When he's not working at PawnGuru, Jordan volunteers his time to support undergraduates in building socially-responsible businesses and organizations through Optimize, a program at the University of Michigan.More Articles