Pawn shops have been a point of fascination for people who either need to make some quick money or find forgotten treasures of others.
Scouring your local pawn shops is great for the treasure hunter in all of us, but sometimes we find ourselves on the opposite end of that spectrum. If you want to sell your goods to a pawn shop in Los Angeles, you need to know how the tricks.
We’ll share some important advice so you can get the best value for your goods at the local pawner.
Decide: Pawning vs. Selling
Before you even walk through the door of a Los Angeles pawn shop, you need to consider what your goal is.
Your main options are to either pawn or sell. Selling is self-explanatory: you sell your goods for money. Pawning, on the other hand, is more like a loan.
When you pawn your item you give it to the pawn shop for money with the goal that you will pay the money and get your item back in the future. It can vary from shop to shop, but generally, pawn loans are due back by up to 120 days.
Plus, there are usually interest rates and fees associated with them, which is common, but you need to make sure they are fair. No matter what, get all the details in writing and make sure you understand them clearly before making a decision.
Research Your Items
Again, before finding your pawn shop, you need to do some homework.
You’re not going to be able to sell or pawn effectively if you don’t know enough about your items. In general, you might want to look up online listings for your items, find them for sale in person, or have them appraised by a professional.
If they are common items, you may easily find online listings that are selling or find them in stores. This will give you a good idea of the item’s value.
However, if your items are uncommon or vintage, like old comic book collections, you may want to have a professional appraise it for its value. This will give you some power in negotiations as well.
Research Pawn Shops
Now we’ll talk about finding the Los Angeles pawn shop in the first place.
Once you know if you want to pawn or sell and you’ve researched your items thoroughly, you need to find a shop that will work well with you. If you haven’t been to one before, then all you can go off of is other people’s experiences.
You can find recommendations from friends and family, but we live in a world where we value online reviews. Reviews can give you a great idea about the personability of the owners and the fairness of their business.
Find a Pawn Shop in Los Angeles
When you’re in need of money and have some items that are valuable, you may be looking for a pawn shop in Los Angeles.
To get the most value out of your items, you need to figure out your goals, research your items thoroughly, and find a shop that will treat you fairly. If you need quick money, check out our pawn or buy tool to find a reputable shop near you!