February 18, 2020 - Pawn Resources
Looking for some fast cash in Forth Worth?
If you have a few items of value, you could sell them to get the money you need. But if you do that, you’ll never get them back.
Instead, you could take them to a Fort Worth pawn shop. That way, if you’re able to pay the loan back on time, you can get your stuff back. In fact, around 85% of pawners pay back their loans.
Of course, pawn shops won’t take just any old junk you have lying around. Here’s a look at 5 of the best things to pawn. How many of them do you have on hand?
Jewelry is perhaps one of the most stereotypical items that people pawn–and with good reason. Jewelry holds its value well, meaning that you can get a tidy sum for it. Plus, there is always a demand for it so pawnbrokers are willing to take the risk on it.
Remember, though, that it is a pawn shop. You won’t get full price for the piece–expect to get around 40-60% of its value. But you have the option of getting it back if you can pay the loan back on time.
Pawn shops have moved into the modern age. Now, unsurprisingly, one of the best things to pawn is smartphones.
Granted, a pawn shop won’t take any old cell phone that you have lying around. They want something that has enough value to sell. So don’t expect to get anything for old flip phones or outdated smartphones.
Newer model smartphones, however, can fetch a nice price. The right phone could get you a fast $100 or so.
Along with smartphones, other types of electronics have become popular things to pawn. Tablets, laptops, TV’s, video gaming systems, and even DSLR cameras are all things you can pawn.
Of course, any electronic device you want to sell to a pawn shop has to be in good working order. Don’t try to pawn broken electronics or your old tube TV. The shop attendant will probably just laugh at you.
However, the right electronics can get you a tidy sum. High-end DSLR’s, LCD or plasma TVs, and newer gaming systems can get you anywhere from $100-$300.
You can also pawn your DVDs and video games. It goes without saying, they can’t be scratched or broken. Plus, new, unwrapped discs will fetch a higher price.
Even though they aren’t typically worth a lot, the great thing is that most people have a lot of them. If you have a substantial collection, you just might have what you need to get the cash you need fast.
Power tools rank high among things that pawn shops always buy. They are virtually always in high demand so pawnbrokers are only too happy to buy them.
Name brand tools will fetch a higher price. Being newer, lightly used, or well taken care of also helps.
Smaller, hand tools are more often accepted. You may have a hard time finding a pawn shop that will accept something large, like a jackhammer. However, find the right shop and you can pawn virtually any working tool.
Of course, this is a list of the best things to pawn in general. If you don’t have any of these things, they won’t be the best for you.
The point is, the next time you need some fast cash in Fort Worth, take a look through your garage. It may surprise you how much money you can get out of the stuff in there.
For more great information about pawn shops, be sure to check out our 8 tips for choosing a good pawn shop.
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