how do pawnshops make profits?

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how do pawnshops make profits?

2007-03-12 08:17:02 · 3 answers · asked by ara2680 2 in Entertainment & Music ➔ Polls & Surveys

3 answers

They make their profits for buying thing by the dollar and selling them for hundreds. It's amazing what people pawn just to get their fix for the moment.

2007-03-19 15:34:54 · answer #1 · answered by tatslady2 4 · 0⤊ 0⤋

Buy low / sell high, baby.

2007-03-12 15:20:51 · answer #2 · answered by CT 2 · 0⤊ 0⤋

Same as everyone else...they sell it for more than they gave you...

2007-03-12 15:19:49 · answer #3 · answered by Anonymous · 0⤊ 0⤋