Pawnshops aren’t the shady, seedy, criminal enterprise the movies make them out to be. Often, pawnshops are a place to get a good price from your goods and to buy second-hand goods at a reasonable price. The thing about pawnshops is that they do not buy equipment, they loan money against it. More often than not, your equipment’s real value isn’t what you will get for it. Some people end up hocking their precious equipment but these are decisions that they have come to terms with and are fine with it.
Pawnshops are a great place to get quick cash for emergencies and usually you’ve got 3 months to pay back the amount so you can get your precious equipment back.
Hocking your digital camera at a pawnshop is quite easy. Below are a few tips on how to get the best deal out of it.
- Bring up the camera’s value. Clean the lens, wipe the body clean, and produce the user’s manual and all the original accessories that came with your digital camera. The closer to the original state your digital camera is in, the better the price you can get for it. Make sure that the digital camera is in good working order and demonstrate this to the pawnshop before asking for an appraisal.
- Proof of ownership. Produce any warranty cards or the receipt for the digital camera purchase. Make sure that the names of both your warranty card and receipt are in your name and bring identification cards. This is to show the pawnshop that you’re not fencing stolen property. As negatively as pawnshops are depicted in the media, there is some grain of truth in that they sometimes deal with criminal elements. As long as you prove to be a straight-up guy and that anything you’re selling is all above board, you can set the pawnshop’s mind at ease.
- Original packaging. It’s a plus if you kept the box of your digital camera. Pawnshops will look at an item for its shelf appeal and having the original packaging of your digital camera it will look good sitting up on the pawnshop’s shelf. The closer an item is to the department store display, the more enticing it is to pawnshop customers. Having the original packaging is a great way to bring up your digital camera’s worth.
- Protect yourself. Remove your memory card and delete any pictures still stored in the camera. The last thing you want to happen is for those photos to fall in the wrong hands and in a pawnshop, the wrong hands come in to buy stuff often.
- Negotiate well. Never take the first offer a pawnshop gives you. Often the first offer is just the least amount they’re willing to pay for it. Try to bring with you documents and price comparisons so that you have a good basis for the amount you’re asking for. Do not expect that the pawnshop will pay top dollar for your digital camera, just try to bring up the worth of your camera a bit higher before taking the pawnshop’s offer.