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How do pawn shops make money? It seems like a colossal pain in the ass
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Date: April 17th, 2026 10:39 AM Author: lilac death wish hominid Dealing with the worst in society. (http://www.autoadmit.com/thread.php?thread_id=5857806&forum_id=2),#49823198) |
Date: April 17th, 2026 10:40 AM Author: charcoal lay mother "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: Red Irradiated Trailer Park 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: charcoal lay mother 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: overrated piazza goal in life (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: buck-toothed center tattoo 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: Spectacular Friendly Grandma (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: charcoal lay mother (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: beta rigor reading party (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: which is what makes time travel possible (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: drab nighttime base 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: Chest-beating range 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. |
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Date: April 17th, 2026 3:09 PM Author: charcoal lay mother 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: Swollen Scarlet Bawdyhouse Juggernaut 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." |
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Date: April 17th, 2026 4:25 PM Author: mewling elastic band 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: cerebral very tactful lettuce roast beef 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: sooty rigpig international law enforcement agency 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: beta rigor reading party 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) |
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Date: April 22nd, 2026 10:44 AM Author: Reinhold Messner (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: grizzly bat-shit-crazy weed whacker 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 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: Juan Eighty (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: beta rigor reading party 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: LathamTouchedMe 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: Kenneth Play (emotional girth) 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: cowgod It’s like asking how Junkyards make money lol (http://www.autoadmit.com/thread.php?thread_id=5857806&forum_id=2),#49834059) |