Do Pawn Shops Buy Bluetooth Headsets

Pawn shops usually will not accept items that are clearly replicas (such as fake designer purses). They also do not typically accept clothing or books, unless they are very valuable, such as a first edition or signed copy of a popular book. Items should be in full working order when you bring them to be pawned.

do pawn shops buy bluetooth headsets

So what do pawn shops buy? Pawn shops typically buy anything they know they will be able to sell. Jewelry is a big part of most pawn shops. Customers can pawn a valuable piece of jewelry for a lump sum of cash or a temporary loan, and the pieces can easily be resold at a fair price. Gold jewelry is much more valuable than silver jewelry. Most shops are not interested in watches unless they are extremely valuable and have proof of authenticity. Rolex, Cartier, Chanel, Breitling, and Piaget are popular brand names for watches. Most pawn shops will also accept collectible coins and currency, such as silver dollars, half dollars, American eagles, rare paper money, and more.

Pawn shops will also buy power tools that are in good condition. Popular brands include Bosch, Milwaukee, and DeWalt. Power drills and circular saws are good items to pawn. Printers and computer equipment can be pawned, but they must be extremely current. The same goes for TVs. Guns are tricky items because the shop may or may not accept them. Walking into a store with a gun (even if you plan to pawn it) is never a great idea, so call ahead before visiting. Many pawn shops will gladly accept video game consoles (such as PlayStation, Wii, and Xbox devices), as long as they are in good working order.

DVDs, video games, and cell phones are not great items to pawn because they are so common. Used DVDs and video games are sold cheaply in thrift stores and other resale shops, so pawn shops are unlikely to be interested in them. Cell phones are frequently stolen, and it is usually too risky for a pawn shop to sell them. However, there are exceptions to these rules, so check with your local pawn shop to learn exactly what items they accept.

Pawning is a type of collateral loan you can get at pawn shops. The way pawn loans work is you take your item to the shop, and you are given cash in return. Pawn shops use this money as security for you to be able to reclaim your item when you pay back what you owe, plus interest.

So you have to do extensive research before you take them anywhere. This means studying how much similar items sell for online, checking what pawn shops are paying in your area or asking a knowledgeable friend or family member who you think might know more about it than you do.

Although you borrow money for only a few months, paying an average of 10% a month interest means that you're paying an annual interest rate of 120%. Interest rates may vary from 12% to 240% or more, depending on whether state law restricts rates pawn shops can charge. 041b061a72