How much do used power tools sell for?

Asked By: Mayo Vaitsekhovsky | Last Updated: 4th April, 2020
Category: business and finance sales
4.9/5 (1,370 Views . 35 Votes)
A good rule of thumb is that tools in excellent condition will sell for 85 percent to 95 percent of the original cost, good tools 75 percent to 85 percent, average tools 50 percent to 75 percent. Below-average and poor-condition tools rarely command more than 35 percent of the original price.

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Simply so, how much do pawn shops give for tools?

Money, Money, Money Pawning tools actually will get you a lot more money than you think it will. Depending on their brand and condition, you can get anywhere between $50 and $150 dollars for a single piece.

Furthermore, where is the best place to sell used tools? If you are looking for a good place to sell used tools, you could try either www.craigslist.org or www.toolexchangeworld.com . OK so many good answers it just deserves a snide one. Corner of 42nd and maple in the garage out back. Don't go to pawn shops or used tool shops.

In this manner, what power tools do pawn shops buy?

Pawn Loan Estimator

  • SAWS. Band Saw Chainsaw Chop Saw Circular Saw Compound Mitre Saw Jigsaw Pole Saw Radial Saw Reciprocating Saw Table Saw Tile Saw Trim Saw.
  • DRILLS. Angle Drill Drill Drill Press Hammer Drill.
  • SANDERS. Belt Sander Bench Sander.
  • GUNS.
  • ELECTRIC.
  • HEAT.
  • PLUMBING.
  • CLEANING.

How do you price used equipment?

50-30-10 RULE: Near-to-new items should be sold for 50 percent of their retail price; slightly used items at 25-30 percent of retail; and well-worn items at 10 percent of retail.

27 Related Question Answers Found

What can I pawn for $500?

You can pawn the following items for approximately $500 cash today.
  • Gamer Computer.
  • High-End Laptop.
  • New Large Screen HD or 4K TV.
  • Riding Lawn Mower.
  • Old Car or Truck (the title must be in your name)
  • Gold, Platinum & Silver Jewelry.
  • Large Diamond with Great Clarity.
  • High-End Watch.

Can you pawn power tools?

Whether you want to pawn a DeWalt drill set or a Bosch bandsaw, power tools are one of the best items you can pawn. They are always in demand, and many pawn shops are happy to take power tools for this reason. You can get a good chunk of cash for them.

What items do pawn shops pay the most for?

According to PawnGuru, the most in-demand items at pawn shops (and the ones that pay the most) include jewelry, watches, power tools, electronics, video games consoles, firearms, and musical instruments. These items offer a higher rate of return because they tend to sell the fastest on the retail end.

How much will a pawn shop give me for a air compressor?

A pawn shop should offer you $25 to $19.
They not only look at what people are currently asking for a Air compressor , but also take in to account demand for the item, or popularity. If Air compressor doesn't sell often, pawn shops know that they could have a hard time selling your Air compressor later.

How much can I pawn a lawn mower for?

A pawn shop should offer you $99 to $74 for a loan, and $149 if you sell your Craftsman lawn mower self propeled to them. The pawn value of your Craftsman lawn mower self propeled is determined by several factors. Most importantly – resale value, condition, and demand for your Craftsman lawn mower self propeled.

How much will a pawn shop pay for DVDs?

Pawn shops pay, on average, $40 – $100 for game systems. Video games, like DVDs, can be sold to pawn shops for cash, as well. The newer the game, the more it is worth. For video games in good condition with the original case, most pawn shops will pay between $2 – $20, depending on the game's age and popularity.

How much is silver worth at a pawn shop?

If you have silver that has a high Fineness number (more on that in a bit!), you could fetch $100 or more for an ornament or some silverware. When you sell silver, they may offer you $25-50 more. This is sort of like a convenience fee. Depending on where you live, pawn loans can have 30-day terms up to 120.

Where can I sell my tools online?

Online sales and auctions
  • Amazon. You can sell pretty much anything on Amazon, although selling in some specialized categories requires Amazon approval and an upgraded selling plan.
  • eBay.
  • Bonanza.
  • eBid.
  • Craigslist, Facebook Marketplace, Letgo.
  • Poshmark.
  • Ruby Lane.
  • Etsy.

What can I pawn for 1000 dollars?

What Combination of Items Can I Pawn or Sell for $1000?
  • Gamer Computer.
  • High-End Laptop.
  • New Large Screen HD or 4K TV.
  • Riding Lawn Mower.
  • Old Car or Truck (the title must be in your name)
  • Gold, Platinum & Silver Jewelry.
  • Large Diamond with Great Clarity.
  • High-End Watch.

What are good items to pawn?

Best Things to Pawn at a Pawnshop
  • Precious Metals. Jewelry is one of the biggest moneymakers in pawnshops.
  • Tablets. When you already have a computer and a smartphone, your tablet is an easy target for pawnbroker fodder.
  • Power Tools.
  • Gems.
  • Firearms.
  • Collectible Coins and Currency.
  • Sporting Goods.
  • Smartphones.

Is it better to pawn or sell?

Both terms refer to giving up an item for financial gain. However, selling means, you also give up ownership of the item. When you pawn, you can still get the item back as long as you return the money you borrowed. At face value, it might look like pawning is the better option.

What can I pawn for 100 dollars?

You can pawn the following items for approximately 100 dollars cash today.
  • Hoverboard.
  • Large Flat Screen TV.
  • PS4.
  • Laptop.
  • Tablet.
  • Bose Speakers.
  • Mountain Bike.
  • Golf Clubs.

How can I sell my jewelry?

Sell Your Fine Jewelry
  1. Know the worth. You may love your jewelry.
  2. Be informed. Think through how quickly you want to sell.
  3. Be realistic. Again, we emphasize that the way you feel about your jewelry's worth may not align with current fair market price.

What can I sell to make money?

Here are 10 things you can sell to make money today.
  • Books. You probably won't get rich selling old books online.
  • Gift cards. Unwanted gift cards can be turned into cash.
  • Furniture. Make more space and cash by selling old furniture.
  • Clothing.
  • Sports equipment.
  • Disney VHS tapes.
  • Scrap metal.
  • Kids toys.

Can you pawn 925 silver?

SELL SILVER AT ROYAL PAWN
Most jewelry is not made of pure silver; it is made of sterling silver. Sterling silver jewelry is 92.5% silver, hence the . 925 imprinted on some jewelry. The remaining 7.5% will usually be copper.

How much can I pawn my laptop for?

Pawning an HP laptop has a payout-range of anywhere from $10 to $360 on a short-term loan for an HP Laptop. The average pawn loan PawnGuru users are able to get is $90! Sometimes you can get even more depending on what shop you visit!

How much is a 14k gold ring worth at a pawn shop?

For example, as of the day of writing this article pawn shops pay around $1250 for an ounce of pure gold. If you have 10k gold jewelry, you can sell it for $16.35 per gram, and 14k gold jewelry can be sold for 423.50 per gram.