Get the Most Value in a Detroit Pawn Shop

February 13, 2020 - Pawn Resources

Are you looking to sell some stuff at a pawn shop in Metro Detroit?

It’s certainly not hard to find a pawn shop in the Motor City but it might be hard to find the right one and get the most value for your belongings. In this article, we’ll explore the best methods for getting the most out of your stuff at a Detroit pawn shop.

What to Pawn

Don’t just grab any old thing from your apartment and bring it to the pawn shop when you need cash, that’s not how it works. You need to sit down and think of what you’ve got that might be worth some money.

Research

Once you’ve got some ideas, collect the items and start doing your research. Depending on what you’ve got lying around, you might be sitting on a gold mine.

Hop on google to find information about things like coins and other antiques and then check online markets to get an idea of what you could be getting for things like stereo equipment and other electronics.

With regards to jewelry, bring as much documentation as you have. The better you can show the authenticity of your item, the easier the conversation you’ll have. This holds true for handbags, purses, high-end accessories, and a lot else.

Condition

While you’re doing your research, check out the condition of what you want to bring in. If it’s a bit dirty, give it a clean. If it’s damaged, lower your expectations for an offer.

Pawn or Sell

If you aren’t privy to the pawning process, familiarize yourself.

You can do one of two things when you bring your stuff to a pawn shop; sell it outright or pawn it.

Selling is, of course, a normal transaction but pawning is leaving the item in the store for a short-term loan. If you pay back the loan plus interest, you get the item back. If you can’t pay it back after the set term, it becomes the pawn shop’s property.

Negotiating at a Detroit Pawn Shop

Now that you’ve figured out which items you want to pawn and which you want to sell, it’s time to choose a pawn shop.

Get online and submit your item to all the local Detroit pawn shops using PawnGuru’s directory: PawnGuru’s Detroit pawn shops. When you do that, you’ll get responses from multiple pawn shops. When you know what pawn shops are most interested in your item, you have a strong base to start a conversation. When you go in to the one you choose, based on convenience or the best first offer, make sure to be polite. Pawn shops are in it for the long haul, and if you are a reasonable customer, they’ll be more inclined to help you get to the number you need.

Start Rummaging

You’re ready to find a Detroit pawn shop. Start collecting your unwanted items now, submit them online, and figure out who can give you the best deal for your goods.

For more help on navigating the world of pawn shops, visit our page.

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