Quote:
Originally Posted by TCLGirls
Average rate pawn shops pay for current and in demand consumer goods is around 20% to 25% of retail price. So if a hot new TV retails for $1000, expect to get around $200...and only if it is still current and in-demand (meaning the TV is 1 or 2 years old).
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So it is along the lines of what I said (20-25% of 2000 retail comes close to those $400 or so ).
Having said that - pawn shops do not really base prices on retail tags, but rather on the "market price" for the (used) item. Which is what I meant by ebay/craiglist prices.
If a hot selling used item goes for 500 on craiglist pawns shops have no problem giving lets say 300 for them.