BlogTuesday, May 21 2024
If you have a valuable item in your home and need cash, you may turn to a pawn shop to relieve your financial difficulties. Pawn shops offer two options to help you get out of a cash crunch- selling and pawning. Read on to learn what’s involved in each process. Selling Your Item to a Pawn ShopSelling is a straightforward process. Simply bring your item into the pawn shop. The salesperson will assess it and make you an offer. If you are happy with the offer, you can leave with cash in hand. The shop will keep the item and sell it to an interested party. Pawning Your ItemPawning is a loan process that allows you to get cash for your item without saying goodbye to it forever. Here’s how it works. 1. Bring in your item. The salesperson will assess it and offer a loan equal to a percentage of the item’s value. 2. If you are happy with the offer, you may accept the loan. You will then begin making monthly payments to pay off the loan plus interest. 3. Once the loan is paid off, you will get your item back. If you cannot repay your loan, the pawn shop will keep your item, but the unpaid amount will not go into collections or damage your credit. Getting Prepared for the Selling or Pawning Process· Research Your Item’s Value: Search relevant resources and seller sites to determine what your item is worth. Doing so will let you know if you are getting a fair offer on your item. · Clean Your Item: Your item’s condition will factor into the offer you receive. If your item is in good condition, you will get a better offer. Clean your item and make small repairs to ensure the highest possible valuation. · Research Local Pawn Shops: Research pawn shops in your area to determine which ones offer fair pricing and have a reputation for serving their communities. If you plan to pawn your item, find out about their loan terms. · Prove Your Item’s Authenticity, If Possible: If you are bringing in a designer item, bring certificates and other documents that prove its authenticity. Original receipts can also be helpful. Should I Pawn or Sell My Item?There are various factors to consider when deciding to pawn or sell your item. For example, if you don’t want to part with your item because it has sentimental value, pawning may be your best option. However, pawning also means you will have to pay off your loan with interest to get your item back. Cash Express is Your Philadelphia Destination for Pawning or SellingCash Express can help you pawn or sell your item. We offer fair pricing, reasonable loan terms, and friendly service. We buy and sell various items to provide a wide selection for the community. Contact us to learn more about our pawning and selling process. We will help you get through your financial rut. Thursday, May 09 2024
Pawn shops are known for selling various valuable items for a fraction of the cost. They also purchase and offer loans for items so you can get out of a cash crunch. But do they buy and sell comic books? The answer is yes, some pawn shops will buy and sell comic books. However, it’s important to research to get the best experience possible. Read on to learn more about the process. Comic Book PricingDo some research to determine how much you can expect to make from your comic book sale or loan, or how much you should be paying for a comic book. Comics Price Guide will give you some indication of what your comic book is worth. You can also look at seller sites like eBay to see what comic books are going for. Several factors determine a comic book’s price as follows: · Rarity and Demand: A comic book with a low print run is rarer and will typically sell for more. · Age: Older comic books are usually more expensive. The most collectible editions came out between 1938 and 1979. · Type: Superhero comics are usually the most valuable. First origin and first appearance issues are especially sought after. · Art: Original comic book art will make the item more valuable. Consider the ConditionThe condition will also factor into the price you buy or sell your comic book for. Comics that are in mint condition will sell at a higher price point. If your comic book is ripped or torn, the pawn shop may not buy it. Shop AroundSome pawn shops offer better pricing than others. Shop around to determine who will buy your comic book for the most money, and who will sell it at the most affordable prices. Pawn shops are typically prepared to haggle with customers, so use your negotiating skills to get the best prices. Tell them you are shopping around for the best rates so they will be more likely to make a deal. Pounding the pavement to find the best pawn shop can be difficult. You can also check online reviews to find out about pricing. The reviews will also give you an idea of the level of service you can expect from the shop. Make Sure the Pawn Shop Accepts ComicsSome pawn shops accept comics, but not all of them do. Call in advance to ensure the shop you are going to buys or sells comics, so you don’t waste your time. Sell Your Comic Book at Cash Express PawnCash Express Pawn is the best place to sell your comic book in Philadelphia, PA. We offer great prices and friendly service. We also have great deals on sales and loans. Our friendly and knowledgeable salespeople are ready to assist you. We will help you find affordable items you always dreamed of owning. We also specialize in jewelry, watches, and other high-end pieces. Contact us to get a great deal on comic books and more. Thursday, April 18 2024
Many of us dream of owning high-end fashion accessories. Luxury watches, precious rings, gleaming necklaces, and other jewelry items are some of the fashionable pieces we dream of owning but may be unable to afford. Pawn shops offer gently used goods that bring these items within reach. There are a few strategies to use when shopping that ensure you find the best deals on luxury items. Here are a few to be aware of. Do Your ResearchResearch in advance to learn what items are worth. Get prepared so you know what constitutes fair pricing. Shop AroundSome pawn shops may offer better prices than others. Shop around to find a pawn shop that provides fair pricing on the goods you have your eye on. Ensure Your Item is AuthenticLicensed pawn shops understand the importance of buying and selling authentic items. However, there is always a chance that an item got under the radar. When researching an item, find out the best way to determine its authenticity. For example, authentic items may have specific engravings and other characteristics. Receipts and certificates of authenticity will also tell you if an item is real. Consider the Condition of the ItemA pawn shop should never charge full retail value for a used item. The reduction from the full price will depend on the item’s condition. An item with signs of damage should be greatly reduced from its retail price. The shop should fairly mark down the price considering the extent of damage. Ensure the item you’re buying is worth it. Don’t pay good money for something that doesn’t function properly or look its best. Be Prepared to NegotiateMost pawn shops are prepared for shoppers to negotiate. They may even mark up an item a bit to account for negotiations. Here are some tips to keep in mind when negotiating: · Use Your Knowledge: Your research will help determine an item’s value, so you have a fair price in mind. · Be Respectful: Be respectful throughout the negotiation process to ensure you get a better deal. If you get upset or argumentative, the representative may be less likely to work with you. · Make a Fair Offer: You may pay more than your original offer, but your starting point should be fair and realistic. It will show the dealer that you know what you are doing and prevent them from getting upset if they feel you are trying to rip them off. Shop at Locations You TrustReputable locations tend to offer fair prices and quality goods. Check out shops in your area to find ones with good reviews and a history of trusted service in your community. Consider their selection and the condition of the items they sell. Cash Express is a pawn shop you can trust. We strive to provide luxury pieces at fair price points. We offer friendly, knowledgeable service. Contact us for great deals on the items you dreamed of owning. Sunday, April 07 2024
People have varying opinions of pawn shops, but most are aboveboard businesses that support their local economies and communities. They provide jobs, allow people to purchase items at a discount, and even offer loans. Read on to learn how they can be an asset to your neighborhood. How Pawn Shops Support Local CommunitiesPawn Shops Sell Discount ItemsA pawn shop buys used items from sellers and sells them at discount prices. They allow people to profit from their items and purchase goods for less. Individuals with budgetary limitations can attain the items they need at a fraction of the cost. Pawn Shops Offer LoansPawn shops also offer collateral loans. People bring in items in return for a cash loan. They repay the loan over time with interest. If they cannot repay the loan, the store keeps the item, but the unpaid amount will never reflect poorly on the individual’s credit report. The system allows people with poor credit to secure loans without facing steep default penalties. Creates JobsLike any business, pawn shops create jobs. They hire people to help in the shop. They also support other businesses so their employees can thrive. Supports Other BusinessesPawn shops can support other businesses in the area. They can help create a thriving shopping hub that becomes a neighborhood and tourist attraction. They may also rely on nearby businesses for deliveries, supplies, and food. Pays TaxesPawn shops pay taxes that support the local community. They help fund police and fire services, education and health services, libraries, road maintenance, and other projects and programs. Work With a Trusted Pawn ShopNot all pawn shops are created equal. Ensure you are working with a pawn shop that supports your community by looking for the following characteristics. · Fair Loans: A trusted pawn shop will offer fair loans with reasonable interest rates and minimal fees. · Competitive Prices: Pawn shops should pay sellers fair prices for their items and sell them at competitive prices considering their retail value and condition. · Reviews and Recommendation: Check out a pawn shop’s online reviews to ensure they are reputable. Ask friends and relatives for pawn shop recommendations to find a business you are satisfied with. · Consider Reputation: Pawn shops that have been in business for a while will have developed a reputation for serving their community. The business should also have low staff turnover and management. · Licensing: A licensed pawn shop will abide by local laws and regulations. Customers will be protected from unfair business practices. · Insured: An insured pawn shop will reimburse you for items in their possession. It protects items that may become stolen or damaged. Choose Cash ExpressCash Express is a trusted Philadelphia, PA pawn shop. Our expertise in antiques, diamonds, and precious metals ensures we offer and charge fair prices. We also provide cash loans for valuable items. We are known for our friendly service. We help the community by offering low-cost upscale goods at affordable prices. We keep the economy moving. Contact us to learn more about our terrific selection. Friday, March 29 2024
Every year, more power tools appear that are specific to a season. Over time, some of those pieces of equipment drift into a corner unused. You could make money on them, but how much do pawn shops pay for power tools? Why do Pawnshops Buy Tools?To understand how you may make money from your power tools, it helps to understand why pawnshops buy them in the first place. Remember that consumers always seek a dependable item at a reasonable price. With tools in high demand, pawnbrokers can sell durable, tested tools quickly. So it’s a win-win. What do Pawn Shops Buy?At Cash Express, we keep our eyes open for power instruments that are in good condition. This means the item works. Examples include:
And many more! Power Tools: Final Pawn ValueWhen you bring a piece to our shop, we will give you an appraisal. How much we can pay depends heavily on the market. If it’s spring, you’re likely to get less for a snowblower than winter when people want to buy. So, sell your tools when they are in season. There are other considerations as well. The Impact of BrandingHow much do pawn shops pay for power tools? It depends. There are brands in the world of tools that people respect for their durability and craftsmanship. Black & Decker, Bosch, Craftsman, Dewait, Stanly, Irwin, and Husky all have a solid following, and most hold their value for sales. At Cash Express, we often can’t keep these items in stock because they sell so fast. What sets some companies apart from others? Sometimes preference, and other times reputation. Bosch Power Tools are great performers on which you can rely, for example. DeWalt products have long battery lives. ConditionTake the time to clean off and inspect your tools. A little shine goes a long way. Dust them off, make sure things are running as they should, and charge them up. The poorer the toot’s condition, the less you can get for it. Choosing Between Power ToolsWhich item you choose to sell may depend on how much money you need. A table saw, for example, might yield $1,000, while your cordless drill will be under $200. It’s a good idea to do some research before selling. Know the value of your item so you have better grounds for negotiation. Ready to Sell? Come to Cash ExpressCash Express is a highly regarded broker in Philadelphia when you need quick cash. You can sell your tools outright or pawn them for a short-term loan. Our trained personnel will answer your questions so you fully understand your transaction. If you’d like to find out more, including whether we are looking to buy the tools you want to sell, you can use our online contact form. Even if we don’t want it right now, it’s possible to consider it again at a later date. You can also email us at info@pawnphiladephia.com, or call our office at 215-922-1560 Thursday, March 14 2024
If you’re looking to pawn or sell, you may wonder what the 5 highest prices items are in a pawnshop. You’ve started looking through your things, and want to get as much as possible from your translation. To begin, there’s a basic rule we use in Cash Express: The greater the demand, the greater your return. Of course, the item itself must be evaluated for its retail value, too. Pawn or Buy?Both pawning and buying get you quick cash. However, the foundation of the transaction is different. If you sell the item, it’s just like any other sale. But if you pawn your item, you get a percentage of its value and must pay back that money by a specific time. We mention this because you could lose an item if you default on your pawn loan. With high-end items, that loss could be substantive. Similarly, even high-priced items at a pawn shop can have sentimental value. If you’re going to have regrets, pause and really think about this decision. 5 Highest Price Items in a Pawn ShopThe five highest-priced items in a pawn shop depend heavily on the storefront itself. Some stores specialize in things like antiques, for example. So, if you’ve got quality power tools, this probably isn’t the place to start. A little research into nearby stores will save you a ton of time. If we take a broad overview of pawnshops, some trends appear in high-priced items, particularly those with provenance.
The only problem for pawnshop owners is that high-priced items take longer to sell unless they have a specific focus market.
Check-in With Cash ExpressWhether you’re buying or selling, we can help you with high-priced items. If you’re shopping, you’ll find reasonable prices. We are experts in antiques, diamonds, jewelry, watches, and much more. You can use our online contact form, email us at info@pawnphiladephia.com, or call our office at 215-922-1560
Monday, February 26 2024
We live in a society where you have lots of buying and selling options. There’s a store, a trade market, Facebook, and Craigslist. The question for many is about the stability of the E-universe exchange. Let’s look at the rise of online pawn shops: pros and cons. OnlinePawn shops have come a long way from the seedy reputation they once held. There are numerous dependable pawn shops around the country, like Cash Express, with bright, approachable show floors and well-trained personnel. But not everyone wants to head to a storefront; some people can’t. The solution is surveying online pawn shops where, with a click of your phone, you can get a reply. You’ll know fairly quickly if the shop is interested in your item. If not, you haven’t driven around town hoping to find the right outlet. Online Pawn Shops: How They WorkAs you might imagine, selling online is a little different from a face-to-face meeting. Selling to an Online Pawn ShopThe process begins by reaching out to the company. They will request clear images of the items you wish to sell. You’ll also need to provide detailed (did we mention DETAILED) descriptions of the item. If you have any paperwork (provenance) that goes with it, take photographs of that, too. It proves ownership and, with more valuable pieces, history. At this point, the merchant provides an initial assessment, with final details to follow. Next is where some people become uncomfortable. You have to mail in your goods for inspection and evaluation. The shop often pays for shipping and has insurance protecting your assets. They will then do a thorough evaluation and get back to you. There will be an offer, terms, conditions, and a contract detailing the amount. Now, just because it’s an online store doesn’t mean you can’t haggle. If you disagree with the amount, explain why. Once you’ve reached a final agreement and completed an electronic contract, you will receive your money through an accredited banking source. But for the shipping, the process goes by quickly. Note that not all online pawnshops offer collateral for cash transactions. Sometimes, they’re only interested in selling, then re-selling. Buying at an Online Pawn ShopThe first thing you want to do before buying online is check to see if the place is reputable. Do they have any certifications? How do they back up the condition of their goods (and the value)? Are there 30-day warranties? Now the hard part, looking through the merchandise. You cannot see goods online the same way you can in person. If you are very interested in something, email and ask for more images if they haven’t already been supplied on the website. Compare the prices offered to similar retail products. Should you decide to buy, there’s always the chance someone purchased it outright before you made an offer. If so, time to look at other possibilities. Once you’ve found what you want, get all the details on how mailing goes through. It should be traceable and fully insured. Again, this process takes more time than in-store shopping. Cash Express vs. Online Pawn ShopsFirst, just because a pawn shop is online doesn’t mean it has far more choices (let alone quality ones). If you look at the Cash Express gallery, it’s easy to see the diversity we offer. Second, when you are working with a brick-and-mortar business, you have someplace to return to, be it with questions, concerns, or as a repeat customer. If you’re looking to pawn, we are the top location in Philadelphia for quick cash. You do not have to wait to mail your item, get the appraisal, etc. Everything can happen in one day. If you’re looking to buy, you can experience everything hands-on, including jewelry and other items, one of which is sure to fit your budget. You walk out with your treasure! To learn more you can reach out in three ways: Our online contact form By email: info@pawnphiladephia.com, or call our office at 215-922-1560 Better still, come for a visit: 731 Chestnut St, Philadelphia, PA 19106 Sunday, February 11 2024
When you have some free time, window shopping at pawn shops can be fun. The diversity of items and how many catch your eye is astounding. You may even look at something you never thought was remotely valuable and gasp at the price tag. When you’re looking for unique items, try antique hunting in pawn shops: tips for collectors. Use the same tools as the pros! Step One: What to Collect?Maybe even back up one step further, “Why collect?” Sometimes, collections are unintentional (like someone mentioning they like elephants and friends start buying them). Other times, a person has an interest in one genre and sticks with that. And other folks still like to have a variety of intriguing items in their showcases. What sort of things seem to hold their value and never go out of fashion?
Factoid:An item must be 100 years old or older comes under the label of being antique, while younger pieces are vintage. On the Hunt for Pawn Shop AntiquesNo matter what you seek, be it jewelry or milk jugs, there are some protocols to follow. You want to authenticate items and then negotiate their price accordingly. Perhaps the most important rule is self-education. Do your research before setting one foot outside your door. Take notes, and your cellphone if you want to go back to pertinent information. Pawn Shops rely heavily on their reputation, so they work very hard to authenticate pieces. Nonetheless, knowing value is a big ace in your pocket. Your local antique shop may not have the expertise of a pawn shop’s appraiser. They certainly can’t offer as great a variety as the pawnbroker. Cash Express and Antiques by Ark’sOur company takes pride in having one-of-a-kind pieces from all over the world. We would love to help you find that special item to add to your collection. Give us a call to ask about certain collectibles (215-922-1560). You can also email us info@pawnphiladephia.com and use our online contact form. Even if we don’t have what you want now, we can be on look out and let you know. Friday, January 26 2024
When you’re short on money and hoping to pawn something to fill the gap, at first, it seems hard to choose. However, there are certain things most pawn shops always want, including quality watches. At Cash Express, we review watches when they come in and come up with an appraisal. The Appraising ProcesThe checklist for watches being considered for pawning goes something like this:
Then, of course, there’s market demand. Like fashion, one year, a specific watch will be a “hot” commodity, and another year not so much so. If you have a popular watch, it will help you at the pawn store.
What Does Your Broker Want?It’s worth making a call to individual pawnshops to see what they’re currently buying. It will save you a lot of time. It’s also worth taking time to educate yourself about your watch so you get a feel for how it’s selling elsewhere. As an aside, you do not have to sell your watch out-right. Rather, you can use it for collateral to help with short-term financial struggles and pay it back over the allotted time. There are no special credit checks, making things go much more quickly. Examples of Popular Watches for Pawning
About Cash ExpressThere is a reason that Cash Express is the number one pawnbroker in Philadelphia. One of our specialties is high-end watches. We have an online contact form you can fill out to find out if your property is something we’re looking for right now (saves you a trip). You can also email us at info@pawnphiladephia.com, or call our office at 215-922-1560. We look forward to serving you. Wednesday, January 10 2024
There is no definitive answer, as if you can sell clothing to pawn shops. Some places won’t even look at clothing because it takes up a lot of inventory room. Plus, the condition of clothing must be prime, and, if possible, a name brand.
At Cash Express, our experience indicates that, unlike jewelry and tools, clothes can take a long time to sell. Clothing styles change in the blink of an eye. Assessing clothing also proves challenging based on wear and tear.
Don’t be wholly discouraged. You can sell clothing to some pawn shops successfully. In some instances, it can be a great way to clean out your closet and get some extra cash. What Pawn Shops Don’t Want in Clothing.In order to sell clothing to pawn shops successfully, it helps to know some of the key reasons the establishment might say “no.”
How to Sell Clothing to Pawn Shops SuccessfullySo what DO pawn shops accept in the way of clothing based on their target market?
Look at your clothing with a discerning eye. Think like another person might if they were looking at the item. If you can put yourself in those shoes, you make better choices about what to pawn. Pawning vs. SellingThe only real reason to pawn your clothing is if you don’t mind not having the item for a while and you’re looking for fast cash that you can repay in a specific amount of time. With your wardrobe, outright selling might be the best idea. The only downfall here is that you may receive a lower amount than pawning. Tip: Avoid pawning or selling items with sentimental value. You may regret this decision in the future. Contacting Cash ExpressIf you are uncertain whether or not we are taking specific items, don’t hesitate to give us a call. We can give you our requirements and let you know if we might be interested in seeing the piece(s). Our telephone number is 215-922-1560. You can also email us at info@pawnphiladephia.com or use our online contact form to find out if your property is something we’re looking for right now or to ask questions. Our trained staff is ready and happy to be of service.
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