If you have a Nintendo Switch and need a little extra cash, you may be in luck.
The Switch has been Nintendo’s biggest hit as a console for some time. The closest comparison would be the Wii or the Super Nintendo. People just really love this console and that’s good news if you are in a position to either sell your or try to make a loan against it.
How 'Pawnable' Is This Item
What Value Does This Item Have
Being that the desirability for the Switch is so high currently, the pawnability for the system is considered to be “Excellent.” There’s just very few other consoles out there that have this amount of interest behind them, and as the Xbox One’s and PS4’s pawnability goes down, the Switch’s has remained abnormally high.
In terms of value, you are still able to get a good amount of money out of your Switch at a pawn shop, so it comes in a “Good.” The value you get will go down as time moves on and the platform ages, but right now, there’s still a lot of interest in this little system and you may be in luck.
What To Bring With You:
There are some things that you will want to be sure that you bring with you when you take your Nintendo Switch into the pawn shop to make a loan against it.
- Be sure that you have the joy-cons and the dock. Both of these are absolutely needed for you to be able to do just about anything with a switch at a pawn shop, no questions asked.
- Be sure that you bring the appropriate cables with you as well so that the pawn shop can hook the system up and test it out to be sure it works properly.
- If you have any extra joy-cons or a Pro controller, than be sure that you bring that with you as well.
- Be sure to bring at least one game, but realistically, you should bring your entire collection if you are looking to sell the system or get the most amount of money out of a loan against it. These types of things only help add value to your item and make it easier for the pawnbroker to justify loaning you a larger amount of money.
Percentage Of Pawn Shops That Accept This Item 99%
Percentage Of Pawn Shops That Consider This Item Desirable 80%
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 90%
Out of pawn shops that accept video game systems, roughly 99% of those are happy to help you with a loan or the sale of your Nintendo Switch. Out of those, roughly 80% of them consider them to be desirable and that’s partially due to their high demand and the ease with which you can resell them.
The average redemption ratio is about 70-80% on the Nintendo Switch, most people come back for this when they pawn it.
Only about 30% of households have a Switch that they can use as collateral for a loan or to sell outright to a pawn shop. When they do take a Switch in, 90% choose to just make a loan against it versus outright selling it so that they can come back and get it later.
What Are Some Advantages To Pawning This Type Of Item
- You should have absolutely no trouble finding a major pawn shop that will happily take a look at your Nintendo Switch.
- You should still be able to get a pretty good amount of money for a Switch at your average pawn shop. This will only be helped if you also have extra accessories or a bunch of games with it as well.
What Are Some Drawbacks To Pawning This Type Of Item
- If you are like most Switch owners, you probably play it a lot and may miss it while it is in on loan. (That’s okay, the numbers say you’ll be getting it back.)
Pawning or Selling A Nintendo Switch at a Pawn Shop
As it stand right now, pawning or selling a Nintendo Switch at a pawn shop is very easy to do. Most pawn shops want them, they love them, their customers love them, everyone it seems loves the Nintendo Switch.
As time goes on and the platform ages, that will decrease. Fewer people will want them. The demand will decrease. The prices will go down. But right now, you’re absolutely sitting pretty.
The only bit of advice that I would have for you is to be sure that you bring everything you need to have with you when you take yours in. Don’t skip or miss anything because it will cost you in the end.
It’s also really solid advice to take all of your games with you when you go. They only add value and can help you, they won’t hurt you, I promise.
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.