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Pawn vs. Sell--Which is likely to yield more?

 
 
sabin
 
  1  
Reply Thu 8 Dec, 2011 03:47 pm
@Roberta,
I watch the Vegas Pawn Guys, and when people sell, something that might be worth $900. they offer, $200. cause they know you need the money. They admit they need to make a profit.
Then they guy says, well maybe pawn it, which means a loan to be paid back by their date, which was 120 days, he got $275. but if he doesn't pay it back in 120 days, it is the pawn shops to keep.

BUT...he got more more for pawn it as collatral which makes sence.
So I believe Pawning you get more, because pawn is another word for time loan, with or without paying it back.
0 Replies
 
toddchaney
 
  1  
Reply Fri 21 Dec, 2012 12:32 am
@Roberta,
pawning is a better option ..I got good cash for my guitar from a local pawn shop, Cash Pawn Sales and was able to get back my guitar after the repayment. I am glad I did not sell off the guitar that time!
0 Replies
 
 

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