The Do’s and Don’ts of Pawning at a Pawnshop

At Imperial Pawnbrokers, we believe that pawnshops are truly like no other local business. Nowhere besides a pawnshop can a customer trade in a personal item for a cash loan that can then help cover life’s random expenses. For this reason alone, pawnshops really offer a helpful service to their community.

If you decide to visit your local pawnshop, there are a few do’s and don’ts you might consider looking over before you get started:

DO: Negotiate.

Haggling may seem like an activity fit only for garage sales and flea markets, but if you want the best possible deal, you will have to get used to bargaining. Not only is it acceptable to do in a pawnshop, but the pawnbrokers are going to expect it, so be prepared!

Shops are businesses that are trying to make a profit, and since many people don’t know that they can barter, many shops make an excellent profit on items in their store. Bargaining at the register will only show your savvy and likely save you some dollars.

DON’T: Forget about research.

Regardless of what you are looking to buy, you should know what that item would cost if you were purchasing it somewhere else. Some light research beforehand – like knowing what the item costs as new and looking at similar used items’ pricing online – will ensure that you are not paying too much for the item. Knowing what is a good value for you and your budget will only save you time and money in the long run.

DO: Buy DVDs and video games.

Many pawnshops have a variety of movies and video games for prices that can be cheaper than many rental shops and services. Just make sure to check the discs to verify that they are not scratched and are in good working condition before you buy them.

DON’T: Buy jewelry on a whim.

Jewelry can be one of the most synonymous items with pawnshops, and many shops have a wide variety of different pieces of jewelry. As a customer, you need to make sure that you know what you are buying and its value. Ask to see a jewelry appraiser’s note before buying, and make sure that you know a thing or two about metal and gem value before you buy.

DO: Buy tools and bikes.

Pawnshops can offer a wide variety of different household tools. If there is a specific one that you need for a project, buying it used will always be cheaper than buying it new, but it may also be cheaper than renting it if you plan on using it for an extended period of time.

Bikes are another mechanical device that you can buy at a pawnshop without spending too much money. Like tools, it is pretty easy to tell just by looking at them whether or not it is a legitimate brand name and if it is in good working condition.

After reading through this list of pawnshop do’s and don’ts, you are definitely ready to make your first pawnshop sale or purchase. For the best selection of items and prices, be sure to stop by Imperial Pawnbrokers – located near Yorba Linda – today!