#1: You cut out the middle man What middle man you may ask? Well in the retail world there are wholesalers that sell their goods to retail stores. To make money (and ultimately stay in business) retailers have to mark up the items. When you buy used, you cut out paying both the wholesaler [...]
“Wait…is there a difference in pawning and selling?” Yes, yes there is! As you might have seen on the popular pawn shop shows on TV this question is posed to the customer…”are you trying to sell this item or get a loan (aka “pawn”). When you sell your item, you wish to part with [...]
Pawn shops often have a negative reputation. But that is not the case with all pawn shops -- selling your items to a local pawn store can be extremely beneficial. And with about 7.4% of all U.S. households having used pawn shops, selling items like used jewelry and electronics to pawn shops is becoming more [...]
You have probably noticed a pawn shop in your town. You may have even frequented one to get a good deal on a power tool, TV, designer handbag, or jewelry. But do you know how the “pawn” part of the business works? If you have watched any of the popular pawn TV shows, you have [...]
What you see in the movies and on TV is not all you get when it comes to the pawn shop experience. It’s not your fathers’ or grandfathers’ pawn shop anymore. A new generation of pawn shops is here, and Oaks Pawn represents what pawn shops today have to offer. Not only do you [...]
