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How do pawn shops make money? It seems like a colossal pain in the ass

Dealing with the worst in society.
charismatic disgusting step-uncle's house
  04/17/26
"hehe!"
alcoholic toilet seat
  04/17/26
They should be put in charge of all proles. Imagine how capa...
trip chocolate field
  04/17/26
these people are the easiest to rip off, which is indeed cou...
alcoholic toilet seat
  04/17/26
...
Ruby irradiated stead multi-billionaire
  04/17/26
Yeah, how can any business make money making loans at 200 pe...
Hateful Bossy Rigpig
  04/17/26
...
Green Site Really Tough Guy
  04/17/26
...
alcoholic toilet seat
  04/17/26
...
cerebral personal credit line theater
  04/17/26
...
Titillating Hissy Fit Nursing Home
  04/22/26
any small business will run circles around wagecucks once yo...
Diverse trust fund
  04/17/26
It’s almost entirely predicated on lending to poor tra...
hairraiser hospital
  04/17/26
i wonder how much of their business is fencing stolen shit.
alcoholic toilet seat
  04/17/26
I think it's a very small portion. For criminals trying to m...
Massive Hominid
  04/17/26
When I did criminal law, the local cops had inventory system...
white violent bawdyhouse nowag
  04/17/26
is that gasoline i smell?
Shivering headpube sanctuary
  04/17/26
buy high sell low
Jet-lagged deer antler ticket booth
  04/17/26
lol i RAN here to make this exact post word for word
cerebral personal credit line theater
  04/17/26
...
Jet-lagged deer antler ticket booth
  04/22/26
if they advance ranks six times they turn into Queen Shops w...
talking mexican circlehead
  04/17/26
Underrated
Topaz stirring famous landscape painting forum
  04/21/26
...
talking mexican circlehead
  04/22/26
i wonder if their business has been hurt by facebook marketp...
cerebral personal credit line theater
  04/17/26
hurt by availability of more non-traditional financing, help...
Green Site Really Tough Guy
  04/22/26
agreed. what a scourge. i didn't see it coming like this, ...
cerebral personal credit line theater
  04/22/26
It’s like asking how Junkyards make money lol
dashing bearded legend
  04/22/26


Poast new message in this thread



Reply Favorite

Date: April 17th, 2026 10:39 AM
Author: charismatic disgusting step-uncle's house

Dealing with the worst in society.

(http://www.autoadmit.com/thread.php?thread_id=5857806&forum_id=2)#49823198)



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Date: April 17th, 2026 10:40 AM
Author: alcoholic toilet seat

"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: trip chocolate field

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: alcoholic toilet seat

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 11:15 AM
Author: Ruby irradiated stead multi-billionaire



(http://www.autoadmit.com/thread.php?thread_id=5857806&forum_id=2)#49823283)



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Date: April 17th, 2026 10:57 AM
Author: Hateful Bossy Rigpig

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 1:06 PM
Author: Green Site Really Tough Guy



(http://www.autoadmit.com/thread.php?thread_id=5857806&forum_id=2)#49823557)



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Date: April 17th, 2026 3:07 PM
Author: alcoholic toilet seat



(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: cerebral personal credit line theater



(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: Titillating Hissy Fit Nursing Home



(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: Diverse trust fund

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: hairraiser hospital

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.

(http://www.autoadmit.com/thread.php?thread_id=5857806&forum_id=2)#49823555)



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Date: April 17th, 2026 3:09 PM
Author: alcoholic toilet seat

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: Massive Hominid

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."

(http://www.autoadmit.com/thread.php?thread_id=5857806&forum_id=2)#49823783)



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Date: April 17th, 2026 4:25 PM
Author: white violent bawdyhouse nowag

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 2:28 PM
Author: Shivering headpube sanctuary

is that gasoline i smell?

(http://www.autoadmit.com/thread.php?thread_id=5857806&forum_id=2)#49823718)



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Date: April 17th, 2026 3:08 PM
Author: Jet-lagged deer antler ticket booth

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: cerebral personal credit line theater

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)



Reply Favorite

Date: April 22nd, 2026 10:44 AM
Author: Jet-lagged deer antler ticket booth



(http://www.autoadmit.com/thread.php?thread_id=5857806&forum_id=2)#49834053)



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Date: April 17th, 2026 4:19 PM
Author: talking mexican circlehead

if they advance ranks six times they turn into Queen Shops which are much more lucrative

(http://www.autoadmit.com/thread.php?thread_id=5857806&forum_id=2)#49823787)



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Date: April 21st, 2026 11:36 PM
Author: Topaz stirring famous landscape painting forum

Underrated

(http://www.autoadmit.com/thread.php?thread_id=5857806&forum_id=2)#49833514)



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Date: April 22nd, 2026 1:46 AM
Author: talking mexican circlehead



(http://www.autoadmit.com/thread.php?thread_id=5857806&forum_id=2)#49833647)



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Date: April 17th, 2026 5:04 PM
Author: cerebral personal credit line theater

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 10:50 AM
Author: Green Site Really Tough Guy

hurt by availability of more non-traditional financing, helped by emergence of easy-to-access legalized gambling.

(http://www.autoadmit.com/thread.php?thread_id=5857806&forum_id=2)#49834073)



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Date: April 22nd, 2026 10:54 AM
Author: cerebral personal credit line theater

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: dashing bearded legend

It’s like asking how Junkyards make money lol

(http://www.autoadmit.com/thread.php?thread_id=5857806&forum_id=2)#49834059)