Do you feel like major expenses often appear out of nowhere?
When they do, you need some extra cash fast especially if you do not have a rainy day savings fund to cover them. A great way to get money quickly is to pawn old cameras.
A pawnshop will extend an offer to you the very same day. That means no waiting around for potential buyers to call or place a bid. You walk in with the camera and walk out with cash.
Maybe your dog ate something they shouldn’t have, or your child fell off their bike and broken an arm. In either case, keep reading to learn how to pawn a camera to make quick cash.
5 Questions to Ask Before You Pawn Old Cameras
Before you head to a pawnshop, be sure to ask yourself these 5 questions so you know what how much to ask for your old camera.
1. What Kind of Camera Is It?
The first thing you need to consider is the type of camera you want to pawn. Most pawn shops prefer to buy and sell newer digital cameras rather than old film cameras. Depending on your area, they may still accept film cameras if there is a market for them.
Digital point-and-shoot cameras, as well as DSLRs (digital single-lens reflex) cameras, tend to fetch higher prices than others.
2. Do You Want to Sell Your Memory Card?
Including a memory card increases your asking price when you sell a digital camera to a pawnshop. Remember to delete all your pictures from the memory card before you pawn an old camera.
Even if you decide you do not want to sell your memory card, be sure to bring one with you to the pawnshop. They will need to double-check that the camera works and takes pictures. Most digital cameras require a memory card to do so.
3. What Other Accessories Should You Include?
The more accessories included in your digital camera bundle, the more cash you’ll get. Try to find all the original accessories like charging cables, USB cords, and the original box.
A complete bundle with a fully charged and working camera helps you get the highest offer possible.
4. Do Pawn Shops Buy Broken Cameras?
Sometimes. A pawnshop may buy a broken camera that doesn’t need much fixing if they think they can get a better return on investment. A rare, name brand camera of high value is more intriguing than a cheap, knockoff version, especially when broken.
5. How Much Will a Pawn Shop Pay for My Old Camera?
The price you get when you pawn old cameras varies greatly depending on your location and the demand for the product. Certain name brand cameras always get a higher price when pawned while you can guarantee others will go for less.
For a popular Canon brand camera, expect to get anywhere from $25 to $500 depending on the age and condition but usually close to $200. Other popular camera brands include Panasonic ($20-$350 – average $130), Sony ($15-$500 – average $120), and Nikon ($10-$250 – average $90). You can even pawn action cameras like a GoPro for anywhere from $50 to $200 but expect around $100.
Get Cash Faster at a Pawnshop Near You
Shocked at how much easier it is to pawn old cameras rather than sell them through the classifieds or in an online auction? Many pawnshops allow you to pawn Fossil watches and many other personal items as well.