Okay, now here’s a strange question that’s different from the normal questions that we answer on this website.
What was asked was this: How much do pawn shops sell TVs for?
That’s an interesting question, particularly when the majority of questions I get asked on this site are how much a pawn shop will give you for something. Rarely do I get asked how much a pawn shop will charge when you are buying something from them.
There are a variety of factors that will come into play when determining how much a pawn shop might sell something for.
For instance, one of the factors that they might take into consideration is what a similar make and model will sell for on a site like eBay or Amazon.
In addition to that, there will be considerations taken into account for what condition the TV is in, if it has its remote, or if there’s any other problem with it, such as a missing stand for instance.
Above and beyond that, you have to keep in mind the golden rule about pawn shops.
Whatever a pawn shop charges, they are going to want to sell an item for more than what they have invested into it.
If for some reason they have paid a particularly large dollar amount on a television, then they will probably ask more for it than they might have if they didn’t have so much money invested in the TV to begin with.
What Other Factors Come Into Play When Determining How Much A Pawn Shop Will Sell A TV For
Above and beyond the already stated factors, there are some other things that may come into play when pawn shops determine how to sell a TV.
For instance, not all televisions at pawn shops are used.
Many top pawn shops across the country will carry refurbished televisions for instance. They will offer very good prices on them, but they won’t be nearly as cheap as if the television was used.
If you are looking for a television at a pawn shop, make sure you know exactly what you’re looking at.
If you inadvertently start price shopping a refurbished TV versus a used TV then the price comparison that you are doing may not be valid.
Furthermore, some pawn shops will offer longer warranties on TVs than others. This will often affect the price a pawn shop asks for their televisions since will be responsible for any kind of malfunction that may occur down the road.
What’s The Best Way To Buy A Television From A Pawn Shop
If you are looking for the best deal for a TV from a pawn shop, then you should follow one simple rule.
Shopping for televisions at a pawn shop is just like shopping for anything else at any other store that you might imagine.
This really comes down to comparison-shopping. Visit a couple pawn shops in your area and see what similar makes and models of televisions are selling for.
Make sure that you compare apples to apples though and by that I mean if you’re looking at a smart TV at one pawn shop, make sure that you are also looking at a smart TV at another pawn shop.
Comparing a smart TV to a TV that is not considered a smart TV, for instance, would not be a valid comparison.
Furthermore, you want to compare display technologies such as if it is plasma, LCD, or LED.
Then there’s the consideration about resolution. In other words you don’t want to compare a television that is only 720P versus a television that is 4k.
Last but not least, don’t forget that you can usually negotiate at pawn shops to some degree on the prices they are asking for their items.
It is perfectly reasonable to ask for a 10% discount on an item when you’re buying it from a pawn shop.
In some cases, pawn shops will be willing to work with you on this and may make you a counter offer. However, more often than not, you will be able to get something for a little less than thier asking price.
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.