There’s a ton of collectible diecast cars out there, and the good news is that most pawn shops take them.
Keep in mind of course, there are also a lot of diecast cars out there that aren’t very collectible, aren’t worth much, and that unfortunately, pawn shops won’t be able to help you with. That having been said, it’s always worth checking to see if what you have is collectible enough to be considered valuable.
How 'Pawnable' Is This Item
What Value Does This Item Have
Diecast cars score a solid “Good” for pawn ability overall. Typically speaking, the larger the car, the better the brand, and ideally, if it is a sealed box, you will have a very good chance of being able to make a loan on or sell your die cast car to a pawn shop.
They score a pretty solid “Fair” value as well. Some diecast cars can run up to several hundred dollars, so there is money there for the right car. On average though, most better diecast cars bring between $10-$30 if they aren’t anything incredible collectible, or if the boxes have been previously opened. If the car is at all damaged, this value will drop significantly.
What To Bring With You:
For most diecast cars, bringing the original packaging is almost a must. If your diecast car is something so collectible that it came in a presentation case, or with a presentation stand and no other packaging, than be sure that you bring that. These special presentation stands and boxes may be required to maintain the value of the car as a true collectible.
Percentage Of Pawn Shops That Accept This Item 80%
Percentage Of Pawn Shops That Consider This Item Desirable 60%
Average Redemption Rate For This Type Of Item 70%
Percentage of Households That Have This Type Of Item 30%
Percentage Of Times This Type Of Item Is Pawned vs Being Sold 50%
At 80%, most pawnshops around the country are going to be very interested in the right diecast car. Obviously if yours is damaged, out of its box, or has another problem, that’s going to drop, but if you’ve kept good car of your collectible and it is a desirable model, there’s a really good chance that just about any pawn shop will look at it.
Overall, diecast cars only score a 60% on our scale. A pawnbroker isn’t going to go nuts to get their hands on one, but they will definitely make you a deal if it’s right. Things like jewelry, gold, diamonds, high end watches, better power tools will all be more sought after items.
On average, if a collector has taken good care of his diecast cars, there’s a very good chance that they will redeem that item should they make a loan on it. Here, diecast cars sit at roughly a 70% redemption rate national.
Only 30% fo households are estimated to have a diecast car collectible worth pawning, and of those people that do, roughly 50% choose to pawn it versus outright selling it.
What Are Some Advantages To Pawning This Type Of Item
- Even individually, the right diecast cars can bring quite a bit of money form a pawnshop.
- When brought in a group, diecast car loans can range up into the thousands making it a powerful item type to be working with.
- Typically speaking, you won’t miss them while they are in on loan and you’ll be able to get them back quickly.
- They are an item that can be repined regularly as their value doesn’t fluctuate too significantly in short periods of time.
What Are Some Drawbacks To Pawning This Type Of Item
- If you don’t have a car that’s collectible, or made by a reputable maker, you probably won’t get that much (if anything) for it at a pawn shop.
- Individually, some cars are able to be pawned, but not worth an incredible amount.
I can’t stress this enough… MAKE SURE you have the boxes and presentation stands or cases with you when you take a diecast car to a pawnshop.
If the box has previously been opened, don’t try to misrepresent it otherwise, it’s pretty easy to tell when something has been unsealed. If you displayed your car outside of the box or case, make sure you take a moment and dust it with something soft before you take it into the pawn shop, but whatever you do don’t damage it. Damage on diecast cars can be catastrophic to their value.
It may not be a bad idea to call around to the various pawn shop in your area just to be sure that they take them before you go, but more often than not, you’ll have good luck getting a loan on them just about anywhere if it is a desirable make/model.
Wordpress junkie, music lover, and consumer of all things pizza-oriented. I’ve run pawn shops and check cashing operations for years. I developed the most successful digital marketing marketing strategy for pawn shops known to date, and flip items on eBay for fun.