So you need cash fast, but traditional bank loans are too complex and it can take weeks to get approved. If you have something shiny enough, we have good news for you! Turning in your jewelry or anything else of high value will get you a cash loan instantly, and you can always get your item back later. How can you get the most out of your prized piece? Read on for some tips on how you can get the best cash loan from your local pawn shop in the San Gabriel Valley area.
How to Get the Most Bang for Your Stuff
You could just walk into a pawn shop with your possessions and walk out with whatever you’re given, but there are a few extra things that you can do to get the highest possible loan for your items. Take these easy yet effective steps in reaching that top dollar amount.
Choose Your Items Wisely
It might be hard to look at your most sentimental assets and think about letting them go, but just remember that it’s only temporary. That old, busted microwave that’s been sitting in your garage won’t fetch you a high price and neither will that computer chair with a broken wheel. Don’t be afraid to gather your best items that actually hold value. Many high value items found around the house include:
- Jewelry
- Power tools
- Art pieces
- Rare metals
- Guns and other weapons
Cleaning Makes a Difference
A designer watch with patches of dirt and grease will still be worth a pretty penny, but it won’t leave the best impression when it comes time to negotiate. Taking the extra effort to clean and polish your items to make them appear like new is a sure way to bump the price up by a good percentage. It’ll only take a few extra minutes of your time and it’ll be well worth it!
There are different ways to clean various materials, but thankfully they all have at-home solutions involving things that are already commonly found around a typical household. Just make sure you carefully read the instructions and pay special attention to what you’re doing.
Leave Nothing Behind
Chances are your possessions came in an original box or container. Believe it or not, having that packaging on hand will influence the overall price. Literally anything that came with your item whether it be extra accessories, parts, or tools will matter during negotiations because having everything from the original set gives the term “like new” a more legitimate meaning.
| Item | Extras |
|---|---|
| Jewelry and designer watches |
|
| Power tools |
|
| Electronics |
|
Be Friendly
How does having a positive attitude help your chances? As a general rule of thumb, human beings tend to be more sympathetic and generous if they like the person they’re talking to. Presenting yourself in a friendly manner also shows that you’re more likely to be trustworthy and responsible in fulfilling your half of the bargain.
According to the University of Virginia, psychology professor James Coan from the College of Arts & Sciences once said, “‘…when we develop friendships, people we can trust and rely on who in essence become we, then our resources are expanded, we gain. Your goal becomes my goal.’”
When you go to a pawn shop, negotiations between the customer and the lender benefit both sides. Friendliness is the key to both parties feeling comfortable in helping each other reach their respective goals, thus leading to generosity. You don’t need to treat your barter session like a job interview, just be nice!
Find a Specialty Shop
Different pawn shops specialize in certain items. For example, bringing your jewelry to a shop that favors sports equipment won’t give you as good a price as a shop that mainly deals in jewelry. To play it safe, go to an all-encompassing pawn shop like Azusa Pawn where practically anything goes. As long as it has value, it’s fair game.
A major downside to going to a pawn shop that only specializes in a specific category is that the people working there won’t have decent knowledge on anything other than their profession which is why they may not price your items correctly. As long as you go to a broker that deals in anything with value, you’re sure to receive fair treatment.
What to Expect
Now you know how to get the best cash loan from a pawn shop, but what does the actual process look like? Loan transactions are a lot easier than you think, at least with the more renowned pawn shops run by experts who know what they’re doing. A good transaction will look something like this:
1. Bring in your item. Once you’ve found your most valuable pieces all nice and clean with all of the packaging and tools that it came with, you’re ready to bring them to the pawn shop.
2. Discuss the terms of the loan. Put on your best behavior and come to an agreement for the amount of the loan, the length of the term, and the interest rate. Remember, it’s okay to negotiate!
3. Get your cash. Once you’ve finalized the deal, take your cash and go. It’s that easy!
An example of a good loan term will be clear about every detail including the exact APR. Knowing your percentage rate and loan period will keep you from encountering any unwanted surprises and make it easier for you to plan your finances.
Where Should I Go?
If you’re looking for a trustworthy pawn shop in the San Gabriel Valley area, there’s no need to go through extensive searching. Azusa Pawn will take anything of value and give you the best possible price for your cash loan with more than reasonable terms. There’s no credit check necessary so anyone can be eligible, and extensions are definitely a possibility if it ever comes down to it. For a worry-free, no-hassle transaction, Azusa Pawn is your best bet!
Give Azusa Pawn a call at (626) 334-2274 to ask for more details on cash loan options or come visit at 1028 West Gladstone Street in Azusa, California with your valuables and get an instant loan!