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Monday, January 20 2020
Should I Pawn or Sell My Items?

Should I Pawn or Sell My Items?

When you’re looking for some fast cash, a pawn shop like Cash Express should be at the front of your mind. At pawn shops, you can quickly sell your items for cash or pawn them for a loan.

But you might be wondering: which one is better? Should you pawn your items for a loan, or sell them outright?

The answer depends on a few factors.

Before we get to which avenue works best for you, let’s distinguish pawning from selling.

What is Pawning?

Pawning is the act of taking out a loan from a pawn shop using one of your possessions as collateral. The pawnbroker evaluates your item and extends you a loan based on what they determine to be the item’s worth.

The pawnbroker then holds onto your item until you pay back the loan principal plus interest and fees. If you don’t pay the loan back, the pawnbroker takes possession of your item.

What is Selling?

Selling at a pawn shop is simpler. You bring in your item, then negotiate with the pawnbroker until you agree on a price. Once you hand off the item to the pawnbroker, you get your cash and have no further obligations to the shop.

Pawning vs. Selling

Consider the following factors when you’re deciding between pawning and selling your item.

Sentimental Value

Does the item you plan on using to get cash hold sentimental value? For example, is it a family heirloom? You’d want to pawn it so you can get it back.

If the item isn’t something of sentimental value, say an old computer, then selling it would make more sense.

Items Potential to Gain Value

You should also consider if the item you’re using for cash will increase in value. For example, let’s say you have a nice watch with no sentimental value to you, but it might increase in value in the future.

In this case, pawning is the better option. You can use the watch several times to get loans when you need them; plus, as the item becomes more valuable, your loan potential increases.

But again, if the item is something that won’t be worth much in the future (such as old electronics), selling it will maximize the cash you earn.

Will Pawning or Selling Get You More Money?

Pawning an item gets you more money. See, pawn loans are less risky to pawnbrokers because they have a chance of getting their money back plus additional interest and fees.

In other words, there’s less of a chance that the pawnbroker will have to find a buyer for your item.

Once again, this makes pawning a better method for your more valuable items (watches, jewelry), as you’ll get quite a lot of cash.

But if you’re looking more to declutter your home and get some quick cash, selling would be the better route.

Whether you need an easy loan or some quick cash, Cash Express wants your items! Bring your items into our shop and we’ll get you the cash you need fast.

Posted by: AT 02:17 pm   |  Permalink   |  Email
Monday, January 14 2019
How to Get the Most for Your Gold at a Pawn Shop

    Have you ever wondered about the process pawn shops use to determine how much they pay out for gold? It’s not a whimsical decision process. In fact, a good pawn shop owner is well-informed about how much gold is worth and he or she knows how much the pay-out should be, too. At Cash Express, we want all of our customers to feel informed about the gold-buying process so we work hard to deliver excellent results.

    To get the most for your gold at pawn shop, there are a few pointers to keep in mind. First off, anyone looking to sell their gold should be sure to take it to a reputable pawn shop like Cash Express. When you deal with experienced gold buyers like the ones at Cash Express, you eliminate any uncertainty about your transaction. Our buyers will always work to assure you receive the highest possible price for your gold. 

    Gold is assessed for its purity before any sale is ever made. This is how buyers determine its value. Gold can range anywhere from 8 karats to 24 karats and a professional gold buyer will be able to identify exactly what your gold is. Regardless of purity level, the buyers at Cash Express will always ensure you receive top dollar for the gold you aim to sell.

    Looking for immediate cash? The gold buyers at Cash Express will always try to make you an offer on the spot. If you’d prefer having more time to think about the offer, then that’s fine, too. A good pawn shop only employs people who know how to make their customers feel welcome and informed, not pressured. 

    If you have gold that you want assessed, then stop in to Cash Express and let one of our talented associates help you make an informed selling decision. We will always provide you with the most accurate information so you can walk away a satisfied customer. 
    
    

Posted by: AT 11:00 am   |  Permalink   |  Email
Thursday, July 27 2017
Philadelphia's Center City Pawn Shop

Are you looking to get rid of a few pieces of unwanted jewelry?  Maybe you want to sell some gold that has been sitting in a drawer upstairs, collecting dust.  At Cash express of Philadelphia, we help each person who comes through our door, and we love to offer helpful suggestions about buying and selling gold or unwanted jewelry.  When it comes to pawn shops, we are truly the leader in Philadelphia.

Not everyone has stepped inside a pawn shop, and at Cash Express we go above and beyond client expectations to ensure that each person leaves satisfied with his or her visit. Gone are the days where people crouched inside dingy warehouses, peddling their wares under cover of darkness.  The pawn shops of bygone days are nothing compared to the updated, professional looking pawn shops of today.  At Cash Express, we bring pawn shops to a whole new level and we work hard to guarantee that each one of our customers finds something of value inside our store. 

Cash Express offers something for everyone.  If you are looking to buy a unique piece of jewelry or if you’re hoping to see a piece of your own, Cash Express can help you with your needs.  We are conveniently located right in the heart of Philadelphia, and we accept a wide range of items from our customers.  When it comes to providing people with a huge variety of highly sought-after merchandise, Cash Express really can’t be beat. We have a great location, as well as qualified appraisers who know exactly how to price and sell your unwanted pieces.

The next time you need to find a particular piece of jewelry or need to sell an unwanted item, simply stop in to Cash Express and find out what we can do to help.  Each one of our store associates takes pride in offering assistance when it comes to buying and selling gold or jewelry.  We do whatever we can to help each one of our customers walk away satisfied with their visit.  If you have any questions about how to buy or sell your gold or jewelry, then Cash Express can help get you going.  Stop in soon and find out what our pawn shop can do for you.  We have a great location with flexible hours of operation, so the next time you find yourself looking for a pawn shop in Philadelphia, simply stop in and pay us a visit.  Cash Express is the pawn shop leader for Philadelphia and beyond.

Posted by: AT 04:04 pm   |  Permalink   |  Email
Thursday, April 20 2017
Electronics for Less - Pawn Shop Philadelphia, PA

    When it comes to buying used electronics, people have a lot of options.  Nowadays, Ebay and Amazon are both convenient choices for many consumers.  However, while these might be good ideas when you’re in a real pinch, it’s always a great option to look at electronics with your own eyes.  This is when Cash Express of Philadelphia steps in as the leader in both buying and selling used and almost new electronics. Why not stop over to our store and find out what we’ve got? 

   There’s nothing like standing right in front of a shelf loaded up with electronics and choosing exactly what you want.  You can spend as much time as you want browsing, and you don’t have to worry about purchasing something that doesn’t suit your needs.  Why worry about return shipping issues when you can just buy right the first time from a brick and mortar shop?  At Cash Express, we bring the real-time buying experience to new heights with our jam-packed shelves of electronics for all ages.  You’re sure to find exactly what you want in our store, and if for some reason you don’t see what you need on first glance, we will be more than happy to give you a call if we get something in stock.

Buying electronics can be a fun but challenging experience, especially if you aren’t used to buying them.  The store associates at Cash Express will always take the time that’s needed to help you choose exactly what you came in for, whether it’s a television set, a computer or even a set of speakers.  We love to help our customers find good deals, and everyone knows that it feels great to score a real bargain.  Our shop is located right in Philadelphia, so we offer convenient access for a variety of locales.  

    The next time you need to find a specific item and you don’t want to pay department store prices, stop in to Cash Express and find out why we’re leaders in the pawn shop industry.  We always go above and beyond to see that our customers are highly satisfied with their shopping experience.  If you don’t know much about electronics but have something specific in mind, we can help you get exactly what you need.  If you’re shopping around for electronics and you don’t want to pay exorbitant prices, stop in to see what we can do.  You’re sure to find something that you like.

 

Posted by: AT 02:50 am   |  Permalink   |  0 Comments  |  Email
Thursday, April 13 2017
We Buy Gold - Cash Express Philadelphia

    Are you looking to get some cash for your gold?  Maybe you’ve got a few pieces of jewelry in your home that are collecting dust, or maybe you have a few gold coins that you just aren’t sure what to do with.  At Cash Express of Philadelphia, we always help our customers find a useful method for trading in their unused gold items.  If you’re cleaning out your jewelry box and you aren’t sure what to do with those unwanted gold pieces, then stop in to Cash Express and we’ll take them off your hands.

    At Cash Express, we always work to satisfy our customers.  We get a wide range of shoppers and we always go out of our way to make sure that each person who steps foot in our shop receives a unique and memorable experience.  Sometimes you might want to buy, and other times you might want to sell.  We know that people come to our store for a variety of reasons, so we do whatever we can to make sure that they leave satisfied.  

    If you’ve got a pile of gold sitting in your house that you want to trade in for cash, stop by Cash Express and we’ll see what we can do to strike a bargain.  There’s never any reason to feel like you have to keep a bunch of gold in your house that won’t get used any more.  Why not bring it in to Cash express and find out what we can to help?  We always try to make sure that you leave a happy customer.  If you have questions, we’ll do whatever we can to get them answered.

    When it comes to buying gold, the associates at Cash Express know exactly what to do.  We buy and sell a variety of gold and jewelry every day, so we’re current on the market trends and we know how much money your gold is worth.  It can be confusing trying to decide where to take your unwanted gold, but if you stop in to Cash Express, we’ll walk you through the entire process so that you leave feeling confident and secure in your decision.  The next time you find yourself with a bunch of unwanted gold, bring it in to Cash Express and we’ll do what we can to make a fair deal.  We rely on customer satisfaction, so we’ll always do what we can to help you out when you need it.

Posted by: AT 10:19 pm   |  Permalink   |  0 Comments  |  Email

Cash Express  • Philadelphia Pawn Shop

731 Chestnut St. Philadelphia, PA 19106 -  (215) 922-1560