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How do pawn shops make money? It seems like a colossal pain in the ass
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Date: April 17th, 2026 10:39 AM Author: doobsian prole sanctuary Dealing with the worst in society. (http://www.autoadmit.com/thread.php?thread_id=5857806&forum_id=2#49823198) |
Date: April 17th, 2026 10:40 AM Author: vivacious tank "hehe!" (http://www.autoadmit.com/thread.php?thread_id=5857806&forum_id=2#49823201) |
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Date: April 17th, 2026 10:56 AM Author: tantric indigo pervert laser beams 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: vivacious tank 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 10:57 AM Author: Multi-colored kink-friendly toaster haunted graveyard 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) |
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Date: April 17th, 2026 3:07 PM Author: vivacious tank (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: ungodly range (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: irradiated saffron jewess preventive strike (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: Black Spectacular Indirect Expression 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: aromatic hot nursing home 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. |
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Date: April 17th, 2026 3:09 PM Author: vivacious tank 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: Brilliant Arousing Sneaky Criminal 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." |
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Date: April 17th, 2026 4:25 PM Author: Histrionic Macaca Organic Girlfriend 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 3:08 PM Author: confused hunting ground 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: ungodly range 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) |
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Date: April 22nd, 2026 10:44 AM Author: confused hunting ground (http://www.autoadmit.com/thread.php?thread_id=5857806&forum_id=2#49834053) |
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Date: April 17th, 2026 5:04 PM Author: ungodly range 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 10:54 AM Author: ungodly range 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: Mint property It’s like asking how Junkyards make money lol (http://www.autoadmit.com/thread.php?thread_id=5857806&forum_id=2#49834059) |