Every year, more power tools appear that are specific to a season. Over time, some of those pieces of equipment drift into a corner unused. You could make money on them, but how much do pawn shops pay for power tools? 

Why do Pawnshops Buy Tools?

To understand how you may make money from your power tools, it helps to understand why pawnshops buy them in the first place. Remember that consumers always seek a dependable item at a reasonable price. With tools in high demand, pawnbrokers can sell durable, tested tools quickly. So it’s a win-win.

What do Pawn Shops Buy?

At Cash Express, we keep our eyes open for power instruments that are in good condition. This means the item works. Examples include:

• Air guns

• Cordless items

• Pneumatic tools

• Name brand pieces 

• Sanders

• Saws

• Nail guns

• Wrenches

• Snap-on tools

And many more!

Power Tools: Final Pawn Value

When you bring a piece to our shop, we will give you an appraisal. How much we can pay depends heavily on the market. If it’s spring, you’re likely to get less for a snowblower than winter when people want to buy. So, sell your tools when they are in season. There are other considerations as well. 

The Impact of Branding

How much do pawn shops pay for power tools? It depends. There are brands in the world of tools that people respect for their durability and craftsmanship. Black & Decker, Bosch, Craftsman, Dewait, Stanly, Irwin, and Husky all have a solid following, and most hold their value for sales. At Cash Express, we often can’t keep these items in stock because they sell so fast.

What sets some companies apart from others? Sometimes preference, and other times reputation. Bosch Power Tools are great performers on which you can rely, for example. DeWalt products have long battery lives. 

Condition

Take the time to clean off and inspect your tools. A little shine goes a long way. Dust them off, make sure things are running as they should, and charge them up. The poorer the toot’s condition, the less you can get for it. 

Choosing Between Power Tools

Which item you choose to sell may depend on how much money you need. A table saw, for example, might yield $1,000, while your cordless drill will be under $200. It’s a good idea to do some research before selling. Know the value of your item so you have better grounds for negotiation. 

Ready to Sell? Come to Cash Express

Cash Express is a highly regarded broker in Philadelphia when you need quick cash. You can sell your tools outright or pawn them for a short-term loan. Our trained personnel will answer your questions so you fully understand your transaction. 

If you’d like to find out more, including whether we are looking to buy the tools you want to sell, you can use our online contact form. Even if we don’t want it right now, it’s possible to consider it again at a later date. 

You can also email us at info@pawnphiladephia.com, or call our office at 215-922-1560