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Do Pawn Shop Buys Apple Watches? Everything To Know!

Do Pawn Shop Buys Apple Watches

Apple Watches are part of life and why shouldn't they be? You can use them to track rudimentary stats like heart beat to advance metrics like SPO2 (blood to oxygen ratio in your blood). There is no stopping to what these little watches can't do. However, for many people they have to make a difficult choice and some times in a short period of time.

Especially, when you take into account the current economic situation and how difficult it is for many to survive. So, if you are clutching onto your Apple Watch wishing there was some way to get some money out of it, then you are at the right place. Pawning an Apple Watch is one of the easy way you can take to get best return of value.

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You can pawn Apple Watches at your near by pawn shop but keep in mind that you will only get good value if your Apple Watch will be in good enough condition. Pawn owners are pretty famous for bringing value down over little problems.

Pawning Apple Watches!!!

There is no doubt that Apple Watches are pretty expansive – yes way above the average smartwatch you can find in the market. So, being an owner of one you have always option to sell it out. Now, we are not going to advocate that you sell yours immediately, but if you are thinking about it then hear this out: Pawning an Apple Watch can be a pretty good way to get good amount of money.

“But I have heard pawn shop rips you off”

– Someone could ask this

Well, if this is what you are thinking then you are not wrong. It is true that many pawn shop owners will try to get advantage of you, which is why it is very important that you act right in front of them. Don’t be vulnerable and make sure that you don’t show them any weakness.

How Much Can You Expect From A Pawn Broker?

Truth be told the money you will get in return greatly depends on the condition of your Apple Watch. To identify which you should know what kind of Apple Watch you have, so if you do that then this is how it goes: If you are the owner of the Apple Watch Ultra which at this point costs something near $800 and you have used it for 1 year then you can get 60% of its value. However, keep in mind that this percentage is not a formal industry standard, so you might not get this at your pawn shop.

But this is what you should strive to get for your watch. More so if it is not very old or in a condition which will bring down the value. Even though there is no doubt that pawn shops are more inclined towards racking up the luxury watches and Apple Watches do not fall in this category, since they are most used smartwatch brand there is demand for it. Make use of it.

Before You Pawn Apple Watch Know This!

As we are aware off that in order to get the best value in return your Apple Watch should be in ideal condition or near to it, you should carry out some basic chores before you head to the pawn shop. For your ease we have listed down few of them:

  • Clean the Apple Watch screen. Wipe it with cotton with drip of alcohol. Do both sides but remain cautious while wiping the sensors
  • Ensure that it is not connected to your iPhone.
  • Perform the factory reset to ensure that your watch do not have any data that you do not want to fall into wrong hands.
  • Remove the activation lock because this will not allow the other person (who will buy your watch) to use it, if you wont do it. Apple has made it very clear that only the original owner can remove the lock.
  • Gather all the accessories that you have of your smartwatch and ensure they are also in good condition. Commonly pawn brokers are quite fussy about the broken or detracting stuff so don’t give them any reason to bring down the value.

Keep in mind the best way you can get the ideal value in return is if your presentation of your Apple Watch will be of valor. As we mentioned above you should try not to give any excuse to a potential seller for offering you a low-ball offer. It is your watch. Make sure the other person see value of it.

Tips To Negotiate At Pawn Shop While Selling Apple Watch

Negotiating with pawn shop owners can be a skillful process. Remember that successful negotiation often involves finding a middle ground that both parties can agree on. Being well-informed, confident, and respectful can significantly improve your chances of getting a fair deal when selling items at a pawn shop. Here are some tips to help you negotiate effectively when selling items at a pawn shop:

  • Research the market value of your item before going to the pawn shop. This knowledge gives you a baseline for negotiation.
  • Understand that pawn shops are in business to make a profit. Be realistic about the value of your item, considering its condition, age, and market demand.
  • Different pawn shops may specialize in different types of items. Choose a pawn shop that deals with the kind of item you’re selling for a better chance of getting a fair offer.
  • Approach the negotiation with confidence, but also be courteous and respectful. A positive and respectful attitude can go a long way in negotiations.
  • Point out any positive features or unique aspects of your item that might enhance its value. Provide as much information as possible about its condition and history.
  • Start the negotiation with a realistic but slightly higher price than the minimum you’re willing to accept. This gives you room to negotiate while still getting a price you’re satisfied with.
  • If the pawn shop isn’t offering a price that meets your expectations, be prepared to walk away. Sometimes, this can prompt the pawnbroker to reconsider their offer.

In the end what will make the difference is how you conduct yourself while you would be there. Because you can do all the research in the world, but if you won’t be able to present your case in a manner which won’t do justice to your smartwatch then forget about good money. You wont even get a dime in there. It is all about making an offer the other person cannot deny.

Frequently Asked Questions

Depends on the condition and time used.

It greatly depends on the condition of your Apple Watch. But good chances are 60-70% of its original value.

Ezhan Javed

CMO At Chronoat

“What am I if not the words I write?” is something I’ve asked myself quite often. So, I feel it is my duty being CMO at Chronoat to not only write to inform but inspire.

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