Posted by Sammy in Kansas on January 01, 2014 at 16:30:05 from (207.119.133.179):
In Reply to: pawn shop posted by the flying belgian on January 01, 2014 at 12:18:25:
I have bought a lot of good tools, rings various other things at pawn shops over the years. There is about a dozen of them I buy from on a regular basis. The way they have explained it to me, is a person needing fast cash, most of time that takes in people on drugs and have stolen property, brings goods into the store to pawn or sell. They will determine a resale value, in other words what they feel they can sell it for in their store. The pawn show will loan him or her aprx. 25 percent max of the estimated value and again after 90 days if terms of loan are not met, they will place it on there shelves for sale. They start out at that pre determined value and the longer it sets on the shelf the lower the price will go. They have told me they hardly ever sell something for less that half of what it is worth, so at a worse case, they give you 25 percent and sell it for 50 percent of actual value so they have doubled there investment.
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Today's Featured Article - Listening to Your Tractor - by Curtis Von Fange. Years ago there was a TV show about a talking car. Unless you are from another planet, physically or otherwise, I don’t think our internal combustion buddies will talk and tell us their problems. But, on the other hand, there is a secret language that our mechanical companions readily do speak. It is an interesting form of communication that involves all the senses of the listener. In this series we are going to investigate and learn the basic rudimentary skills of understanding this lingo.
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