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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.
Zombie-like Nursing Home Fat Ankles
  04/17/26
"hehe!"
Wine exhilarant senate brethren
  04/17/26
They should be put in charge of all proles. Imagine how capa...
frum provocative ceo
  04/17/26
these people are the easiest to rip off, which is indeed cou...
Wine exhilarant senate brethren
  04/17/26
...
Lilac den
  04/17/26
Yeah, how can any business make money making loans at 200 pe...
Wonderful fiercely-loyal yarmulke
  04/17/26
...
jade impertinent office
  04/17/26
...
Wine exhilarant senate brethren
  04/17/26
...
Charismatic Frisky Legend
  04/17/26
...
blue round eye jew
  04/22/26
any small business will run circles around wagecucks once yo...
Passionate Tattoo State
  04/17/26
It’s almost entirely predicated on lending to poor tra...
Beady-eyed dopamine
  04/17/26
i wonder how much of their business is fencing stolen shit.
Wine exhilarant senate brethren
  04/17/26
I think it's a very small portion. For criminals trying to m...
adventurous chocolate university jap
  04/17/26
When I did criminal law, the local cops had inventory system...
Stubborn Sweet Tailpipe Principal's Office
  04/17/26
is that gasoline i smell?
Alcoholic Step-uncle's House
  04/17/26
buy high sell low
sickened galvanic stead selfie
  04/17/26
lol i RAN here to make this exact post word for word
Charismatic Frisky Legend
  04/17/26
...
sickened galvanic stead selfie
  04/22/26
if they advance ranks six times they turn into Queen Shops w...
histrionic idiotic box office
  04/17/26
Underrated
Stimulating Dingle Berry
  04/21/26
...
histrionic idiotic box office
  04/22/26
i wonder if their business has been hurt by facebook marketp...
Charismatic Frisky Legend
  04/17/26
hurt by availability of more non-traditional financing, help...
jade impertinent office
  04/22/26
agreed. what a scourge. i didn't see it coming like this, ...
Charismatic Frisky Legend
  04/22/26
It’s like asking how Junkyards make money lol
Splenetic range
  04/22/26


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Date: April 17th, 2026 10:39 AM
Author: Zombie-like Nursing Home Fat Ankles

Dealing with the worst in society.

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



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Date: April 17th, 2026 10:40 AM
Author: Wine exhilarant senate brethren

"hehe!"

(http://www.autoadmit.com/thread.php?thread_id=5857806&forum_id=2Reputation#49823201)



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Date: April 17th, 2026 10:56 AM
Author: frum provocative ceo

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=2Reputation#49823227)



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Date: April 17th, 2026 11:12 AM
Author: Wine exhilarant senate brethren

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=2Reputation#49823273)



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Date: April 17th, 2026 11:15 AM
Author: Lilac den



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



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Date: April 17th, 2026 10:57 AM
Author: Wonderful fiercely-loyal yarmulke

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=2Reputation#49823230)



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Date: April 17th, 2026 1:06 PM
Author: jade impertinent office



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



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Date: April 17th, 2026 3:07 PM
Author: Wine exhilarant senate brethren



(http://www.autoadmit.com/thread.php?thread_id=5857806&forum_id=2Reputation#49823748)



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Date: April 17th, 2026 4:57 PM
Author: Charismatic Frisky Legend



(http://www.autoadmit.com/thread.php?thread_id=5857806&forum_id=2Reputation#49823808)



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Date: April 22nd, 2026 1:57 AM
Author: blue round eye jew



(http://www.autoadmit.com/thread.php?thread_id=5857806&forum_id=2Reputation#49833659)



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Date: April 17th, 2026 10:59 AM
Author: Passionate Tattoo State

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=2Reputation#49823236)



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Date: April 17th, 2026 1:04 PM
Author: Beady-eyed dopamine

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=2Reputation#49823555)



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Date: April 17th, 2026 3:09 PM
Author: Wine exhilarant senate brethren

i wonder how much of their business is fencing stolen shit.

(http://www.autoadmit.com/thread.php?thread_id=5857806&forum_id=2Reputation#49823750)



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Date: April 17th, 2026 4:14 PM
Author: adventurous chocolate university jap

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=2Reputation#49823783)



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Date: April 17th, 2026 4:25 PM
Author: Stubborn Sweet Tailpipe Principal's Office

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=2Reputation#49823792)



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Date: April 17th, 2026 2:28 PM
Author: Alcoholic Step-uncle's House

is that gasoline i smell?

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



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Date: April 17th, 2026 3:08 PM
Author: sickened galvanic stead selfie

buy high sell low

(http://www.autoadmit.com/thread.php?thread_id=5857806&forum_id=2Reputation#49823749)



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Date: April 17th, 2026 4:58 PM
Author: Charismatic Frisky Legend

lol i RAN here to make this exact post word for word

(http://www.autoadmit.com/thread.php?thread_id=5857806&forum_id=2Reputation#49823810)



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Date: April 22nd, 2026 10:44 AM
Author: sickened galvanic stead selfie



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



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Date: April 17th, 2026 4:19 PM
Author: histrionic idiotic box office

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=2Reputation#49823787)



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Date: April 21st, 2026 11:36 PM
Author: Stimulating Dingle Berry

Underrated

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



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Date: April 22nd, 2026 1:46 AM
Author: histrionic idiotic box office



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



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Date: April 17th, 2026 5:04 PM
Author: Charismatic Frisky Legend

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=2Reputation#49823811)



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Date: April 22nd, 2026 10:50 AM
Author: jade impertinent office

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=2Reputation#49834073)



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Date: April 22nd, 2026 10:54 AM
Author: Charismatic Frisky Legend

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=2Reputation#49834085)



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Date: April 22nd, 2026 10:46 AM
Author: Splenetic range

It’s like asking how Junkyards make money lol

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