How to Negotiate a Fair Price with Your Chandler Pawn Broker

Going to a Chandler pawn broker can save you a lot of money, even if you just pay the list price on the items. Pawn shops are able to buy the items second-hand, so they don’t have to pay big corporate markups. That means that you can get high-quality merchandise for far less than you would pay in a big chain store.

Yet you can also negotiate at a pawn shop to get an even better deal.

How to Negotiate a Fair Price with Your Chandler Pawn Broker

How to Negotiate a Fair Price with Your Chandler Pawn Broker

Like every business, pawn shops have to sell their items for more than they paid to make a profit, but there is generally some wiggle room between that purchase price and the list price you see. Finding the sweet spot in the middle will save you money while still leaving the pawn shop with a profit, making both of you happy.
Chandler, Arizona

Here are a few things you can do to negotiate the best deal with your Gilbert pawn broker:

Present Yourself Well

If you go in guns cocked — metaphorically speaking — for your negotiations, you won’t do well. You need to have a kind demeanor and use a respectful tone of voice. If you get snarky or angry or start to raise your voice, the negotiation will be over. Most pawn shop owners will swiftly ask you to leave.

You should also be clean and well-dressed when you come into the pawn shop to sell items. The wrong clothes and poor hygiene could leave the owner with the impression that you have stolen the items or acquired them by some other dubious means, and the owner may be hesitant to negotiate with you.

Do Your Research

You can’t know what a good price is for an item if you don’t do your research. Check out the market price for gold before you shop for jewelry. Check online auctions, classifieds and stores to find out the price of electronics, tools, and other popular items. You can then get a pricing benchmark to create a price range for your negotiations.

Don’t Be Aggressive

Don’t over negotiate! For example, if you see a ring you want, don’t offer the pawn shop half the list price. That’s far too low, and you won’t even begin a conversation — you will be dismissed out of hand. If you know the average selling price, you can come up with a number that will be lower than the list price but still a little higher than what the pawn shop likely paid for it, making you both happy. For example, with jewelry, you’ll want to offer a bit more than the melt price of gold.

Don’t harass the owner with information about your item, such as the features and condition. Annoying the owner will just make them more stubborn about the price.

Of course, if you go to the right pawn shop, you won’t have to negotiate much. Pawn Now offers some of the best prices in Chandler. Visit us today to find everything from iPhones to boats!

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2018-01-08T17:27:37+00:00 March 23rd, 2016|Categories: Arizona|0 Comments