One of the most common questions pawn shops get is some variation of “can I sell or Pawn ____”? Honestly, it depends on the each shop individually. While most shops will almost ways buy and offer loans for the main categories like jewelry, many shops buy and sell different items based on what they feel comfortable appraising & reselling, the local supply/demand, and other key factors. One of the most common categories for pawn loans and selling used items is electronics. For many people, electronics like laptops, smart phones, and televisions are some of the most expensive items they own, which makes them an obvious choice when trying to make quick cash. In this article, we will cover some advice on selling or pawning televisions.
What Kinds Of TVs Do Pawn Shops Buy?
Pawn shops buy items that they can appraise and sell. When someone sells an item outright to a pawn shop, they will provide you a value based on what they can resell it for. If the television is old or damaged, they might refuse it outright since they will not be able to sell it. Pawn shops are unlikely to buy any televisions that do not turn on or have cracked screens. You should always bring related items like the power cord, remote control, and other necessary items with your TV if you plan on selling it.
In terms of pawning TVs, your local pawn shop will provide a lower value as a pawn loan. This is because loans are always based on the collateral provided. The intention is for the loan and interest to be paid back in full so that the item can be returned to the owner.
Tips For Pawning & Selling Used Televisions
Like any electronics, the value of a used television is often dictated by the following factors:
- Condition: Again, if the TV is cracked, does not turn on, or inputs are warped/broken, there is a high chance a pawn shop will not buy it or provide a loan for it. Pawn shops only want to work with items that have resale value.
- Brand/Size: When it comes to Televisions two of the most common factors that impact value is the brand of the television and the size of the television. Modern televisions like Smart TVs are often worth more than older devices because they have newer features and capabilities. And larger flat screens tend to get better prices than smaller TVs.
- Age: When it comes to electronics, the newer a device is, the better. Newer devices tend to work better and modern features like high definition.
Pawn Electronics in The Bronx
With two locations in the Bronx, our pawn shops buy and provide loans for a variety of items. If you have any questions about what we buy, what we sell, or how the pawn loan process works, please contact our team online or come to our locations in person.
