Sometimes you need to get cash quickly for short term use. You may find yourself looking around your house, wishing that you could get money for some of your valuables. You’ll be happy to know that you can, in fact, pawn luxury items. This works much the same way it would if you were to sell them for a profit – except that in this case, you have the option to get your items back. So if you’re looking for cash for a purely short term need, here are five luxury items you can pawn.
5 Luxury Items to Pawn for Money
- Designer Goods Have a high-end bag you know is not a fake? Or designer sunglasses, shoes or other goods? All of these things can hold their value – or even increase. As a result, they are items that you can pawn for money. If you’re not ready to part with them forever, you just have to pay back the loan before it’s due. This way you can get the cash you need and keep your wardrobe stylish.
- Jewelry Whether your jewelry is gold or another precious metal, it can be pawned. Whether the stone is a diamond, other precious gem, or doesn’t have a gemstone at all, it can be pawned. Of course, the type of metal, size, type of stone, and so on will determine how your jewelry is valued by a pawnbroker. Go in with a general idea of what your jewelry is worth today in order to facilitate the pawn loan and have a successful transaction.
- Cars Have an extra car sitting around? You may be surprised but many people do. Whether it’s an additional vehicle that you can live without for a short period of time or one you’ve restored and only drive occasionally, a car can get you access to quite a bit of short term cash. Be prepared to prove you’re the car’s owner and you’re on your way.
- Artwork Valuable paintings, sculptures and other high quality art pieces can help you obtain a pawn loan for money. These items are things you likely will not even miss from your home short term, making them great choices to pawn so you can get quick access to cash.
- Electronics Your phone, tablet, TV, laptop, gaming console – if it’s high-powered technology, it can be pawned. These items should be in good condition. The newer they are, the larger pawn loan you can obtain with them.
The long and short of it is, if you have items that you would be expensive to replace and are in good condition, they can likely help you to secure a pawn loan. Pawning your luxury items can be a great way to obtain cash in the short term and at great interest rates.
If you have any questions about whether you can pawn a particular luxury items, don’t hesitate to contact us. We’re always happy to help.