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Unread 02-27-2012, 10:23 PM   #8
padredan
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Location: louisiana Now, but from the Rebublic of Texas
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not really. alot of pawn shops will base the price on what they loaned on it and the interest for three months , 90 days without interest payments , means it goes out for sale or PFI, pulled for inventory, if 200.00 was loaned on it @ 20 percent per month, meaning there is 320.00 total in the item, if you retail it and it sells for around 500.00 you have doubled. most pawn shops will use a code , so they can tell what they have in it, this can vary from one shop to the next, it will usualy be on the tag above the price , as alpha letters. Now how do i know this , i have owned two pawn shops and currently do firearms repairs for several in the area, most of the times the prices are negotiable, usualy retail prices are about double of the loan plus the interest, hope this may be of some help, regards Dan
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