Pawn broking is perhaps as old as the hills and if one takes a peek into history, one finds that the earliest pawnbrokers came into existence in the 5th Century and continue to be around even today. Although pawn stores are generally associated with indigence and wretchedness, this is far from true- they do the jobs that banks do today—lend loans, store goods and even go a little further by buying used goods from people.
Life is so uncertain and one never knows when an emergency can crop up but when it does, it brings with it the usual tales of woe—how to cope financially. This is where pawn stores can step in by acting as what is commonly referred to as ‘quick cash providers.’ When one is desperately in need of money, pawn stores can be a savior.
Although these stores do accept a wide variety of things, used hardware and power tools are always in demand. Those owning a set of power tools can actually get a good price and the much needed ‘instant cash.’ If these have a brand name attached to them, then there’s nothing like it.
However, that’s not the end of the story. One may have branded tools from Bosch, Craftsman or from DeWalt but if they don’t look good enough, the chances of getting a good price are dim. It follows that better brands and better looking tools and hardware fetch a better price.
Remember, pawn stores are ultimately going to re-sell the items that are sold to them, so it behooves that the hardware and tools must be in good working condition. In order to ensure that, clean and polish the drills, circular saws, and all those small tools -that pawn stores love- till they glisten, and if they are in need of repair, do the repair work before offloading these items. Another important point that must be borne in mind is that the hardware and tools must not have exceeded their life-span, they should still be functional with all accessories and features intact.
In short look, the power tools that you sell must look good enough to buy and in good working condition. Many mechanics often haunt the pawn stores in search of a good set of power hammers, drills, screwdrivers, wrenches and even saws, so there’s a good chance of selling such items for a good price.
Of course, in this digital age, one can always sell on-line, but there are so many hassles involved: one has to be at someone’s beck and call, the purchase may take days and the cash that you need immediately, may not be forthcoming. By selling hardware and power tools in pawn shops, the transaction is over in minutes, with nothing else to worry about. And, if one wants to get the best price, a little on-line home-work needs to be done. Look at auction sites and find out what the items could be worth- that way the fear of getting ripped off is greatly minimized.
A little bit of paper work is involved and a few details need to be furnished; after all the guys who buy need to insure themselves against stolen items that have been pawned. That done, a little negotiation, a little battle of wits and one’s done. The hardware and power tools change hands and money comes in.