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10-26-2023, 09:00 PM
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Sage
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Join Date: Dec 2012
Location: Somewhere over the rainbow
Posts: 15,186
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Quote:
Originally Posted by ThirdOfFive
Well, "rob" is a stretch. Pawn shops are in business to make money so of course they won't pay what the gun is worth, but you can expect to get 75% to 85% of what the gun is worth at retail if you sell to a pawn shop. ("Pawnshops typically aim to generate overall net profit margins of at least 15% to 25%", Investopedia).
It helps to know what the gun is worth before bargaining with a pawn shop that would be interested in buying it because guns vary so much on make, model, condition, etc. A person would be foolish to NOT have that knowledge when selling a gun, be it to a pawn shop, gun dealer or private party.
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No it’s not you be lucky to get 10 cents on dollar from pawn shops [AKA fencing stolen property legally] IMO.
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