what was it? dont you just love how they give you 10 bucks for something that is worth 60.00?
2007-09-23 06:13:36 · 6 answers · asked by Bistro 7 in Entertainment & Music ➔ Polls & Surveys
I know thats how they make money, but damn!
2007-09-23 06:13:53 · update #1
I am a pawnbroker in WA. I just love when people think that pawn shops rip them off. We don't make you pawn your stuff. We are a great way to get a few bucks for gas, groceries, diapers...whatever you need until payday. The loans are based on the pawn shop's ability to re-sell an item in case you are unable to pay the loan off. So your $60 item would probably be able to sell for $40 at a pawn shop, IF it's in pristine condition. $30 if it's in crappy condition. Let's say it's in crappy condition. A pawn shop only has so much room to work with when doing a loan, usually we are able to loan 25% of OUR re-sell price. So $10 was generous of them. Without being able to pawn, a lot of my customers would go without food, gas, or not be able to pay their electricity bill. They are very appreciative that I am able to loan them $10 on a DVD player, or $20 on their gold necklace, or $5 on a couple of DVDs. Then there are some people who expect something for virtually nothing.
2007-09-23 11:57:43 · answer #1 · answered by Anonymous · 0⤊ 0⤋
No. I've bought a few things from pawn shops though; lawnmower, VCR, cameras, tape decks, and a bass guitar amp. It's been several years since I've been to a pawn shop.
2016-05-17 04:40:07 · answer #2 · answered by letitia 3 · 0⤊ 0⤋
Yes, my hubby & I used to pawn our wedding rings every time we would get low on funds. But as soon as we sold a piece of artwork, we'd get them out of hock.
He used to pawn his mechanics tools on a regular basis, so he could buy some silver to make jewelry.
2007-09-23 06:55:33 · answer #3 · answered by ♫ Bubastes, Cat Goddess♥ 7 · 0⤊ 0⤋
That's how they make money. They know you're in real need of the money, so they offer as low as possible. It's a pretty humiliating experience.
2007-09-23 06:24:28 · answer #4 · answered by deborah r 4 · 0⤊ 0⤋
I have pawned many things in my day and I would rarely go get them back, hopefully I'll never have to do **** like that again.......it sucked
2007-09-23 08:32:29 · answer #5 · answered by Anonymous · 0⤊ 0⤋
Yeah, I was really young and it was an old family heirloom a diamond pendant of my great great grandmothers...my brother had to get it back for me and he kept it
2007-09-23 11:00:05 · answer #6 · answered by Anonymous · 0⤊ 0⤋