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How do pawn shops make money? It seems like a colossal pain in the ass

Dealing with the worst in society.
carnelian center
  04/17/26
"hehe!"
Fragrant kitchen
  04/17/26
They should be put in charge of all proles. Imagine how capa...
ivory crawly circlehead half-breed
  04/17/26
these people are the easiest to rip off, which is indeed cou...
Fragrant kitchen
  04/17/26
...
green up-to-no-good yarmulke
  04/17/26
Yeah, how can any business make money making loans at 200 pe...
insane cruise ship
  04/17/26
...
Bull headed lemon factory reset button
  04/17/26
...
Fragrant kitchen
  04/17/26
...
dark house
  04/17/26
...
Thirsty translucent ceo love of her life
  04/22/26
any small business will run circles around wagecucks once yo...
Heady antidepressant drug friendly grandma
  04/17/26
It’s almost entirely predicated on lending to poor tra...
razzle persian temple
  04/17/26
i wonder how much of their business is fencing stolen shit.
Fragrant kitchen
  04/17/26
I think it's a very small portion. For criminals trying to m...
at-the-ready pozpig
  04/17/26
When I did criminal law, the local cops had inventory system...
Diverse idiot
  04/17/26
is that gasoline i smell?
jade nofapping depressive
  04/17/26
buy high sell low
titillating area laser beams
  04/17/26
lol i RAN here to make this exact post word for word
dark house
  04/17/26
...
titillating area laser beams
  04/22/26
if they advance ranks six times they turn into Queen Shops w...
Opaque Pisswyrm Trailer Park
  04/17/26
Underrated
Mentally impaired mother
  04/21/26
...
Opaque Pisswyrm Trailer Park
  04/22/26
i wonder if their business has been hurt by facebook marketp...
dark house
  04/17/26
hurt by availability of more non-traditional financing, help...
Bull headed lemon factory reset button
  04/22/26
agreed. what a scourge. i didn't see it coming like this, ...
dark house
  04/22/26
It’s like asking how Junkyards make money lol
Motley Drunken Fanboi Corn Cake
  04/22/26


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Reply Favorite

Date: April 17th, 2026 10:39 AM
Author: carnelian center

Dealing with the worst in society.

(http://www.autoadmit.com/thread.php?thread_id=5857806&forum_id=2/#49823198)



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Date: April 17th, 2026 10:40 AM
Author: Fragrant kitchen

"hehe!"

(http://www.autoadmit.com/thread.php?thread_id=5857806&forum_id=2/#49823201)



Reply Favorite

Date: April 17th, 2026 10:56 AM
Author: ivory crawly circlehead half-breed

They should be put in charge of all proles. Imagine how capable you have to be to make $$$ from the absolute dregs of society who are trying their hardest to rip you off and scam you every minute of the day.

(http://www.autoadmit.com/thread.php?thread_id=5857806&forum_id=2/#49823227)



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Date: April 17th, 2026 11:12 AM
Author: Fragrant kitchen

these people are the easiest to rip off, which is indeed counterintuitive since they also tend to be the biggest scammers. poor areas always have liquor stores selling overpriced pints and lottery ticket, payday loans, buy here pay here auto dealerships, furniture rental store, etc.

(http://www.autoadmit.com/thread.php?thread_id=5857806&forum_id=2/#49823273)



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Date: April 17th, 2026 11:15 AM
Author: green up-to-no-good yarmulke



(http://www.autoadmit.com/thread.php?thread_id=5857806&forum_id=2/#49823283)



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Date: April 17th, 2026 10:57 AM
Author: insane cruise ship

Yeah, how can any business make money making loans at 200 percent APR while being 150 percent secured?

(http://www.autoadmit.com/thread.php?thread_id=5857806&forum_id=2/#49823230)



Reply Favorite

Date: April 17th, 2026 1:06 PM
Author: Bull headed lemon factory reset button



(http://www.autoadmit.com/thread.php?thread_id=5857806&forum_id=2/#49823557)



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Date: April 17th, 2026 3:07 PM
Author: Fragrant kitchen



(http://www.autoadmit.com/thread.php?thread_id=5857806&forum_id=2/#49823748)



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Date: April 17th, 2026 4:57 PM
Author: dark house



(http://www.autoadmit.com/thread.php?thread_id=5857806&forum_id=2/#49823808)



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Date: April 22nd, 2026 1:57 AM
Author: Thirsty translucent ceo love of her life



(http://www.autoadmit.com/thread.php?thread_id=5857806&forum_id=2/#49833659)



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Date: April 17th, 2026 10:59 AM
Author: Heady antidepressant drug friendly grandma

any small business will run circles around wagecucks once you factor in all the tax scam bs

(http://www.autoadmit.com/thread.php?thread_id=5857806&forum_id=2/#49823236)



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Date: April 17th, 2026 1:04 PM
Author: razzle persian temple

It’s almost entirely predicated on lending to poor tradies who run into financial trouble and then reselling their hocked tools to other poor tradies at only about 10% less than the tools would cost new at Home Depot.

And I understand that a substantial angle on the whole thing is that they’re serving a financial intermediation purpose for illegal laborers who can’t easily tap other sources of credit.

(http://www.autoadmit.com/thread.php?thread_id=5857806&forum_id=2/#49823555)



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Date: April 17th, 2026 3:09 PM
Author: Fragrant kitchen

i wonder how much of their business is fencing stolen shit.

(http://www.autoadmit.com/thread.php?thread_id=5857806&forum_id=2/#49823750)



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Date: April 17th, 2026 4:14 PM
Author: at-the-ready pozpig

I think it's a very small portion. For criminals trying to move stolen goods, it's probably easier, more lucrative, and less risky to do it on your own, without the middle man--selling on the street, at flea markets, Facebook marketplace, Craigslist, guys just walking around hocking it. More sophisticated organizations (i.e., organized crime) have their own distributors or storefronts/distributors and storefronts with whom they have an understanding and arrangement.

Police regularly roll through pawn shops. Back in the day, the police came through literally every day. You had to log with the cops in writing everything you bought and sold that day. Unless the pawn shop owner or the organization with which the pawn shop owner was working (see above re organized crime) had the cops in their pocket, it likely was not and is not worth it to deal in a significant portion of stolen goods.

To the extent there is or was stolen property coming through--beyond the ocassional item here and there that the pawn shop owner reasonably doesn't know is stolen--I suspect it's kept and sold off the books: e.g., I see you're looking at our diamond rings. My brother has a couple that aren't displayed out here. He can get you a great price if you want to take a look out back."

(http://www.autoadmit.com/thread.php?thread_id=5857806&forum_id=2/#49823783)



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Date: April 17th, 2026 4:25 PM
Author: Diverse idiot

When I did criminal law, the local cops had inventory systems with the pawn shops & metal scrap yards. It was the first place they always went whenever something was stolen.

(http://www.autoadmit.com/thread.php?thread_id=5857806&forum_id=2/#49823792)



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Date: April 17th, 2026 2:28 PM
Author: jade nofapping depressive

is that gasoline i smell?

(http://www.autoadmit.com/thread.php?thread_id=5857806&forum_id=2/#49823718)



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Date: April 17th, 2026 3:08 PM
Author: titillating area laser beams

buy high sell low

(http://www.autoadmit.com/thread.php?thread_id=5857806&forum_id=2/#49823749)



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Date: April 17th, 2026 4:58 PM
Author: dark house

lol i RAN here to make this exact post word for word

(http://www.autoadmit.com/thread.php?thread_id=5857806&forum_id=2/#49823810)



Reply Favorite

Date: April 22nd, 2026 10:44 AM
Author: titillating area laser beams



(http://www.autoadmit.com/thread.php?thread_id=5857806&forum_id=2/#49834053)



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Date: April 17th, 2026 4:19 PM
Author: Opaque Pisswyrm Trailer Park

if they advance ranks six times they turn into Queen Shops which are much more lucrative

(http://www.autoadmit.com/thread.php?thread_id=5857806&forum_id=2/#49823787)



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Date: April 21st, 2026 11:36 PM
Author: Mentally impaired mother

Underrated

(http://www.autoadmit.com/thread.php?thread_id=5857806&forum_id=2/#49833514)



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Date: April 22nd, 2026 1:46 AM
Author: Opaque Pisswyrm Trailer Park



(http://www.autoadmit.com/thread.php?thread_id=5857806&forum_id=2/#49833647)



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Date: April 17th, 2026 5:04 PM
Author: dark house

i wonder if their business has been hurt by facebook marketplace, as well as more available consumer credit - it would sure seem like it.

(http://www.autoadmit.com/thread.php?thread_id=5857806&forum_id=2/#49823811)



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Date: April 22nd, 2026 10:50 AM
Author: Bull headed lemon factory reset button

hurt by availability of more non-traditional financing, helped by emergence of easy-to-access legalized gambling.

(http://www.autoadmit.com/thread.php?thread_id=5857806&forum_id=2/#49834073)



Reply Favorite

Date: April 22nd, 2026 10:54 AM
Author: dark house

agreed. what a scourge. i didn't see it coming like this, infused in everything

(http://www.autoadmit.com/thread.php?thread_id=5857806&forum_id=2/#49834085)



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Date: April 22nd, 2026 10:46 AM
Author: Motley Drunken Fanboi Corn Cake

It’s like asking how Junkyards make money lol

(http://www.autoadmit.com/thread.php?thread_id=5857806&forum_id=2/#49834059)