Tips For Bargaining AT A Pawn Shop in Lincoln Park

by | Jan 8, 2014 | Jewelry

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Bargaining at a pawnshop can be stressful. To obtain the finest price at any pawn shop in Lincoln Park, there are certain tips you need to be aware of. First, you need to know the worth of the item you wish to purchase. Carry out some research to determine the item’s worth new as well as its value in its present state. You can visit the official website of the item to obtain its current retail price. For the item’s existing/used price, eBay is an excellent resource. You can compare with similar items if you are not able to locate the same item. Remember that sale prices will vary depending on the state of the item; however, this can work to your advantage. For instance, if a jewelry piece is engraved or has a broken clasp, ask the pawnbroker if the price of the item can be reduced.

However, a number of items maintain their prices much better than others, such as several dated, in demand items or precious metals; therefore, haggling down will be much more difficult. Make sure you have an idea about the worth of an item as well as how much you are prepared to spend before you start asking the pawnbroker to decrease the price. Another important tip you need to keep in mind is that everything is negotiable. After determining the worth of the item you wish to purchase and how much you are prepared to pay for the item, do not forget that everything is open for negotiation. Do not hesitate to haggle.

Another important tip when buying at a pawn shop in Lincoln Park is that you should pay with cash. Do not forget that cash is king, so you stand a better chance of obtaining the finest price if you intend to pay with cash. Also, be prepared to leave the pawn shop and return another time or day. When you return, and the item you wish to purchase has not been sold off, the pawnbroker might be prepared to decrease the price. Be cordial, thank the employees and inform them that you will return another day.