Learn how to get the most out of your visit!

The Secret to a Successful Pawn Job - Our Guide

If you find yourself visiting the local pawn shop, you're probably on the lookout for some quick cash. However, not every pawnshop rookie will know what their items are worth—nor will they be brave enough to negotiate. To get the most out of your pawnshop experience, take note of the following etiquette guidelines. 

Though it may seem like a given, those who run the counter have encountered their fair share of eccentric pawnshop customers. Respect and kindness will go a long way—even when you're least expecting it. 

Nobody wants to handle a dirty item, much less pay for it. A pawnbroker is no different from a potential buyer. The look and condition of your item can influence how much they're willing to pay for it. If it's missing parts, broken, stained, or soiled, you can expect to get far less. The cleaner your item is, the more money you're going to get. 

Unlike at a traditional bank or credit union, you won't have to let your pawnbroker know why you need the money. Why you're seeking a quick loan is nobody's business, but yours—and your pawnbroker has probably already heard a tall tale or two. Save yourself the trouble by keeping your reasons to yourself. All that matters in a pawnshop is how much your item is worth. 

Most pawnshops will specialize in a particular item, so you'll want to give its shelves or signage a quick once-over. If you're pawning a piece of jewelry, for example, a pawnshop that deals mostly with gently used guns or musical instruments may not be your best bet. If your local pawnshop carries a variety of items, ask your pawnbroker about their favorite items. 

In most cases, the first offer will be the best one—but that doesn't mean you should settle for it. Come in with an idea of what you're going to get and what you're willing to settle for. Pawnbrokers are used to dealing with an asking price of about 10% to 20% more, but you won't want to ask for more than that. 

Never walk into a pawnshop blindly. If you know your item's model number and name, consider how much it's selling for online. Consult eCommerce marketplaces such as Amazon and eBay and base your offer on how well your item sells. 

If you're shooting for the stars, you're more than likely to leave a pawnshop disappointed. You may not achieve your best-case scenario, but your pawnbroker will be more knowledgeable than you regarding how much an item is worth. If you're looking to make more cash without having to adhere to a specific timeline, you may be better off negotiating with a private seller. 

If you're not confident in your ability to manage a loan, a consignment may better suit your situation. When a pawnbroker sells your item under consignment, a portion of the money goes to you. Though it may not happen quickly, it'll give you more control over your pricing. 

Walking into a pawnshop isn't as simple as walking out with your ideal asking price. With a little bit of research in your pocket and some pawnbroker know-how, you can keep your expectations in check and leave with a reasonable loan. 

If you're looking to make cold, hard cash as quickly as possible, River City Pawnshop is the place to be. For the best cash loan in Owensboro, KY, we take anything from used guns, electronics, gaming systems, and even vehicles.