Are Cell Phones Accepted at Pawn Shops?

July 28, 2021
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Paul Petersen
Posted in Finance
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You never know what you’ll find at the local pawn shop that buy cell phones near you, just like you never know what you’ll find at flea markets and liquidation stores. If you’re in need of some additional cash, you might consider selling or pawning your cell phone. Not all pawnbrokers near me, however, will accept your phone.

At the Discretion of the Pawn Shop

Certain goods may have a more obvious or disputable value. This is why a large number of pawnshops accept jewelry, gold, silver, precious metals, and other valuables. This is less likely to depreciate significantly over time. Cell phones are unique in that even a top-of-the-line smartphone from a few years ago is now worth very little.

The pawn shop’s decision on whether or not to take your phone is ultimately up to them. This is true whether you’re looking to pawn your phone to receive collateral loans or sell it outright. They may suspect you of attempting to sell or pawn a stolen phone that has been made nearly useless.

Pawning a Cell Phone

If you want to pawn your phone, there are a few things you need to do before entering the pawn shop.

If you haven’t already, back up all of your crucial data. This includes photos and message backups.
If at all feasible, encrypt the data on your phone.
Perform a full factory reset, ensuring that all personal data is erased.
Remove your phone from Android Device Manager or Find My iPhone (iCloud) to prevent the service from tracking its whereabouts.
Make a detailed list of the make and model of the phone you want to pawn. Is it a specific version? How much storage space does it have? What is the name of the carrier?
Look for the phone numbers of pawn shops in your neighborhood on the internet.
Make sure the pawn business accepts cell phones by calling ahead. You don’t want to waste a trip because not all stores will accept them.
To find out how much your phone is worth, do some research online. Look for used phones that are the same or similar on eBay and Craigslist, for example.
Bring a photo ID to the pawnshop and be prepared to haggle.

You can get money for your phone if you sell it.

While some pawn shops will not accept cell phones, others will. Before making the journey, simply call ahead to check their interest. If the pawn shop won’t take it and you don’t need it any longer, try sending it to be recycled instead.

If you search properly, you will be able to come across a lot of pawn shops that are ready to take your cell phone. It is up to you whether you want to sell or pawn it. The process will go further accordingly. You can trust the pawnbrokers and take cash in your hand immediately. No need to wait for your turn. Visit a pawn shop today!