So, you’re short on cash, and you don’t know what to do. Not to worry—you can apply for a bank loan and wait for a few days to get it approved. But, if you’re in a real rush to find money, then try visiting your local pawn shop instead!
Compared to banks, you can quickly get a collateral loan on the same day in exchange for an item. If you’re struggling to find something valuable enough to pawn off, read our list of best items to pawn or sell:
Cars are one of the best items to pawn off if you’re looking to earn a large amount of cash in a short amount of time. However, don’t get too excited yet, as there are several things to check off your list before your car can be considered sellable!
To get a pawn loan, you will need your car title. You must ensure that you don’t already have an existing loan on your vehicle, or else you won’t be able to pawn off your car.
The next thing you need to do is to get a vehicle assessment, which will be based on the mileage, history, and condition. Don’t expect to receive a lot of money if your car is quite old and has a few dents and scratches here and there. Remember, car values decrease over time; if your car isn’t old enough to be vintage, chances are it won’t sell for very much!
You can sell gold for a lot of cash. However, you do have to be careful where you sell it, as some pawnshops could trick you and offer you a lesser amount than it’s really worth.
When it comes to other types of jewelry, its price depends on a number of factors. Not all jewelry is valuable; don’t be fooled by grandma’s shiny ring as it may actually not be worth that much! As such, before pawning off your jewelry, you have to find out its full value. Knowing this in advance gives you more bargaining power so that you can receive as much money as possible.
Used guns are one of the everyday items that you can pawn for a large amount of money. Before bringing your weapon to a pawn shop, make sure to bring your gun license with you and that the firearm is enclosed in its unlocked case, fully unloaded.
Art pieces can range from thousands to millions of dollars—but it depends on which artist made them. If you have high-end art lying around at home, you’ve hit the jackpot! However, if you’re thinking of pawning off a painting you made, except that it will cost significantly lower.
What do you know, you can exchange the spare change lying around at home! If you’ve been collecting rare coins, you can earn a pretty good amount at pawn shops. Pawning off rare currency isn’t limited to just coins—you can also pawn off paper currency. You can also exchange federal reserve notes and silver dollars for a large amount of cash!
Contrary to rare coins, the newer your gadget is, the more cash you can pawn it off for. If your smartphone is in good condition, complete with its accessories and box, you can pawn it off for a decent value at the right pawnshop.
Conclusion
You may not realize it at first, but you may have quite a few valuable pieces at home! But, before willingly lending it to the pawnshop, you must make sure to read through the pawn agreement carefully. Once you have fully understood how long you have to repay your loan and how much you will need to pay it back, you can go ahead and sign it.
Are you looking for quick and easy money? Pawn off your valuables at River City Pawn! Just bring in your item, and we will loan you money based on its value. If you wish to sell your item outright to us with no loan, you can do that as well! Stop by one of our shops today and see what your items are worth.
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