February 16, 2020 - Equipment and Tools
Most of the time, it’s because they have no room in storage to keep a washer or dryer. Most pawn shops are securely built to hold and protect items like jewelry, electronics, firearms, and other smaller items. But some also keep warehouses, in which case, you might be in luck.
If a pawn shop does decide buy or offer a loan for your washer and dryer, they have room for it and are confident that they can resell your washer and dryer for profit. Here are a few tips to help you get the most money for your washer and dryer.
If your washer or dryer doesn’t run smoothly, forget about selling or getting an offer. Not many pawn shops are willing to take in a broken washer or dryer because the cost to have repairs on the washer or dryer done may not leave enough room for profit.
Give the inside and outside of the washer and dryer a cleaning. Make sure there isn’t any detergent residue anywhere and clean out any lint that may be in the dryer’s lint trap. The newer you can make your washer and dryer look, the more likely you are to get a good offer on them.
For name brand washer and dryers like Kenmore, Whirlpool, LG, Maytag, Whirlpool, and General Electric, you should get around $500-$600 for the unit and $150-200 if you’re selling or pawning individual machines. Anything that is not name brand or is older than 3 years will typically fetch for $50-$100 for individual machines and $200-300 for the pair.
If you have any questions or need advice on selling or pawning your item, shoot me a message at email@example.com. We’re always eager to help!
David Stiebel is one of the cofounders of PawnGuru. David was educated at MIT, where he studied Math. He subsequently worked at Bain as a data scientist before starting PawnGuru in 2015. He started PawnGuru to build a better tool for pawn shops and consumers to connect.More Articles