273 W. Main Street, Meriden, CT 06451   |   MONDAY – FRIDAY 11AM – 7PM   |   SATURDAY 11AM – 4PM SUNDAY CLOSED

273 W. Main Street, Meriden, CT 06451    

MONDAY – FRIDAY 11AM – 7PM   |   SATURDAY 11AM – 4PM SUNDAY CLOSED

(203) 237-0899

How Much Do Pawn Shops Pay For Power Tools?

Things to Know Before Selling Power Tools To Pawn Shops.  

These days, more and more people like doing their home projects themselves. With Christmas around the corner, many people would now start doing up the décor of their homes. And for any kind of DIY project, you need the right kind of tools. If you have invested in good tools but don’t need them anymore, don’t let them clutter your garage. You can sell it to your neighborhood pawnshop and make some quick money. All you need to do is walk into the pawnshop with your tools and walk out with the money.

Read on if you plan on selling power tools to pawnshops but don’t know how to get the best deal.

Getting the best price for your power tools depends on a variety of factors such as the type of tool, the brand, and the condition. Some types of tools are brands in high demand, hence, you can expect a higher price for them. The tools that have been sparingly used and are in top condition, also fetch higher prices. Let us talk about all these factors in detail.

Type of tools

Some types of tools are always high in demand. These tools fly off the shelves soon, so you may get higher prices for these tools. Some of the most popular tools include a circular saw, air compressor, cordless drill, impact driver, jackhammer, nail gun, power screwdriver, sander, wrench, and the like. If you have any of these tools lying unused, you can sell them off for a good price.

Condition of the tool

No matter what brand the tool is, if it looks old and dirty, you won’t get a very good price for it. So, it is important to check the condition of the power tools before you take them to the pawnshop for sale. If you see any rust or dirt stuck on it, make sure you clean it up thoroughly. It won’t take much effort to make the tool look clean.

 If the tool has scratches, cuts, or tears on it, it will bring down the price even if the tool works fine. The pawnshop will make money by reselling this tool, but when the tool is not in good condition it will be harder for them to sell it off and or get a good margin on that.

Brand

The brand is a very important determinant of the price. Each brand of tools is known for different things, some for performance and others for durability. Some are very easy to use, hence, great for DIY home projects. Normally, well-known brands get sold for higher prices. 

Some of the most popular power tool brands include Bosch, DeWalt, Makita, Milwaukee, Black and Decker, Stihl, and Snap-On. Also, if you own a full set complete with all accessories, you will be able to get a better price for it.

Things to keep in mind before walking into the pawnshop

  • Ensure that the tool works. If the tool has been gathering dust in your garage for quite some time, you should clean it properly and run it once to check if it works fine
  • If you are trying to sell a cordless tool, such as a cordless drill, you should charge the batteries so that the tool can be tested at the pawnshop
  • Include all the accessories, the manual, and the original packaging if possible

Following the guidelines above, you can get a good deal by selling power tools to pawn shops. Any business transaction, big or small, needs research and background work to benefit the parties involved. 

Need to sell a power tool for some quick cash? Visit us now to get the best possible price. We can make selling power tools to pawn shops the best experience for you.