How to Find a Good Pawnshop — South Africa

How to Find a Good Pawnshop—South Africa

In trying economic times, people often turn to selling valuables as a means to get by. However, the option to pawn these items, and then buy them back at a later stage, is a great way to get the money you need without losing your precious belongings. When it comes to finding a reputable pawnshop, South Africa has several dealers located throughout the country that will provide assistance to anyone looking to pawn watches, jewellery, and the like.


Conducting a Reliable Search

If you have access to the internet, it would be quite simple to find a good pawnshop.

  1. Use a reliable search engine, like Google, Bing or Yahoo.
  2. You can refine your search by including your area. This will bring up dealers located close to you, and serve to save you both time and money by avoiding far travels.
  3. Make a list of at least three different dealers that you are interested in.
  4. Do a comparison between these three dealers, and be sure to pay attention to the following:
  • Do they list specific types of items that they specialize in buying? Sometimes the items you wish to pawn will not be of interest to a dealer because it doesn’t sell that type of stock. If you want to pawn watches, try and find a broker that deals in pre-owned luxury timepieces.
  • Are there customer reviews available online? Often the best way to appraise a service before making use of it, is to read up on what previous customers have to say. Customer reviews are a great way to garner information that could guide you in the pawning process.
  • Are they independent brokers or chain stores? Chain stores are often governed by overarching guidelines when it comes to buying, which means that the deal you get will be affected by several regulations, and you may end up getting less than what you bargained for. Independent brokers have more freedom, and this gives you more flexibility when negotiating a good price for your valuables.

Before parting with your precious belongings for good in order to plug a temporary financial hole, it would do well to consider visiting a pawnshop; South Africa has plenty of great dealers for this.

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