power tools

How Much Will Pawn Shops Pay For Tools?

As summer winds down, leaves change colors, and leaves start to fall off trees. The heat is about done, and the weather is making it easier to get out and fix things up for winter. Like the squirrels who gather nuts and start getting things to make the winter months easier, you may be trying to fix things up, winter proof pipes, and wind proof windows.

There is no doubt you will need some good quality tools to help you get your DYI projects done, but man, they can be expensive. Some new power tools will cost well over a hundred dollars.

With everything costing more, you might wonder how you can save money on the tools you need.

 

Auto Pawn, Tools and Large Items

Check out Pawn Shops Who Pay Top Dollar for Name Brand Tools

Pawn shops buy, sell, and loan against tools, air tools, power tools, hand tools, old tools in good working order, pneumatic tools, cordless tools, and larger items like air compressors. Because pawn shops pay top dollar for name brand tools, if you are in the market for a tool, your local pawnshop may have exactly what you need.

If you have a bunch of tools in your garage that you don’t use, don’t put them in a garage sale. Take them to your local pawn shop like Pawn King to sell outright, and then use the money to purchase the tools you need.

Pawn King has a large selection of name brand tools in excellent condition. They are always willing to appraise and make you and offer on tools that are in high demand, those that have original packaging, and popular tools brands. They pay top dollar and give the most money in Stratford, CT.

Because Pawn King sells a wide variety of tools at affordable prices, they are always looking for tools you want to sell. Power drills are popular items, and the item’s resale value is more affordable at the shop compared to a big box store.

Tools pawn shops want:

  • Sanders

  • Cordless drills and screw drivers

  • Circular saws

  • Power saws

  • Wrenches like snap on tools

  • Nail guns

  • Snap on or other name brand wrench sets

  • Routers

  • Popular brands including Dewalt, Craftsman, Milwaukee, Makita, Bosch, Stanley, Black+Decker, Ryobi, Kobalt, Hitachi, Ridgid, Husky, and Irwin

Why Name Brand Tools Bring More Cash

Tools can be expensive. They need to last. They are also used repeatedly for rigorous tasks. The most trusted power tool brands have earned their place as respected brands because they have received positive reviews and ratings by consumers for their durability and rigor.

A good tool will last for years. A name brand tool will hold its value. Consumers know what they want when they are shopping for a particular tool or piece of equipment, like an air compressor. The consumer also knows the top brands and which ones speak for themselves. Pawn shops want to fill their resale shelves with a type of tool that meets every consumer’s needs at an affordable price.

Name brands sell better, hold their value, and have a high resale potential in the resale market.

Tools

To Pawn or Sell?

Every situation is different for every customer. Some people need quick cash to get through a tough situation, and they have name brand tools collecting dust. These people may decide to sell their tools outright, because they really don’t need the tools.

Other people know the value of their tools, and although they need quick cash, a short-term collateral loan makes the most sense, because they want to get their tool back after their loan is paid off.

 The best approach is to gather your valuable items and take them into the pawn shop. The pawn shop will appraise the items and look up the current market and resale value. They will then determine if the item is an item with a good resale potential, and make you an offer. You can decide if you want to sell your items or get a short-term loan.

In most cases, selling will bring you more cash, but remember you transfer ownership of the item to the pawn shop. If you need cash, but don’t want to lose your tools or items forever, then pawning would be the most effective choice.

Pawn King

Will and Cheryl are the owners of Pawn King. They have built their reputation on the idea “We pawn anything of value! Highest prices paid! At Pawn King, we strive to treat all of our customers with fairness and respect.”

With years of experience, they are part of their community and a full service pawn shop offering short term loans, buying and retail services. They even have an online form, so you can get a quote without having to leave your home.

If you just want to sell your item, they will buy your item outright. They typically offer 30-70% of the item’s value. This depends on the type of item, brand, and how fast the item will sell. They always pay top dollar for gold.

They provide instant money pawn. Team members determine prices at the time you bring your item into the store, and use various online vendors to see what items are actually selling for at that time. One thing to remember is that they want to make you the best deal they can. They also must consider pricing that allows them to move your item quickly, and they know what the current demand is for most item. This information is important so resale items don’t stick around hanging out on shelves, unsold, and decreases in value as companies release new versions. They can pay the most for items that tend to have stable values on the marketplace.

Pawn King will consider anything of value. There is nothing too large. They even have military surplus, pawn on autos proving you have the correct documentation and ID.

Pawn Kings motto is “People taking care of people” and they are the top rated pawn shop providing services in Stratford, Milford, and Fairfield, CT.

Need extra cash? Stop in and see them!