Thinking about pawning or selling your guitar? Then you are in luck: today we bring you a quick but comprehensive guide with everything you need to know to get cash in exchange for your guitar.
From basic questions such as “Would a pawn shop buy a guitar?” to more specific information, such as the factors that go into determining the amount of money a pawn shop offers for your guitar, here’s everything you need to know about guitars and pawn shops.
Would a Pawn Shop Accept a Guitar?
This is a basic question, but one that’s worth answering.
The short answer is yes, pawn shops accept guitars. As we explained in our previous post “How Does a Pawn Shop Work?”, the process is very straightforward: you bring your guitar into the pawn shop, the pawn shop makes an offer and you decide whether to accept it or not.
If you pawn your guitar, you can get it back after you pay back your loan. You can also decide to sell your guitar to the pawn shop. In that case, you cannot get the guitar back, but in some cases you may get more money than if you pawned it.
If you want to learn more about the pawn process in general, we suggest you take a look at our FAQ page to get more answers.
Some of the most common brands of guitars you can find in a pawn shop include, in no particular order:
However, as we’ll see in the next section, the brand of your instrument is only one of the factors that come into play when determining the money a pawn shop offers to pay for your guitar.
How Do Pawn Shops Determine the Value of Your Guitar?
When you bring your guitar into a pawn shop, there’s something you have to keep in mind: pawn shops are businesses, and as such, they exist to make a profit.
This means, first and foremost, that your guitar has to be in good condition if you want to pawn it or sell it.
A poorly maintained or unusable guitar has few potential buyers, so make sure your guitar is playable and in the best possible condition before pawning it.
Also, remember that certain factors that impact the money you can get for your guitar are beyond your control.
A good example is if the pawn shop already has in its inventory several models of your guitar. Again, a pawn shop is a business, and most businesses wouldn’t be in a hurry to re-stock a product that isn’t selling well.
On the flip side, there are some things that can increase the value of a guitar. For example a guitar autographed by a famous musician may be worth more than an equivalent, non-autographed guitar. However, in that case, you’ll need to provide some type of verification to certify the authenticity of the autograph.
At the end of the day, the best way to get a sense of how much money you get for your guitar is by visiting a reputable pawn shop.
At AJ’s Super Pawn, we determine the worth of the items clients bring by considering things such as:
- Current appraised value
- Current condition
- Our ability to sell the item
We are the Inland Empire’s largest pawn shop, with locations in Pomona and Chino, California. Feel free to drop by!
Why Use a Pawn Shop to Pawn or Sell Your Guitar?
There are several reasons why it makes sense to use a pawn shop to get cash for your guitar.
First of all, if you are not ready to part ways with your guitar (a common sentiment among musicians), pawning is a smart way to use your instrument to get that fast loan you need while knowing that you can always get the guitar back if you repay the money before the loan’s due date.
And even if you can’t pay off your loan on time, you still have options. In some cases, you may be able to get an extension on your loan. With an extension, you are required to pay the interest owed and get a replacement loan on your guitar.
A replacement loan has the same terms and length as the original loan and (at least with AJ’s Super Pawn) you can extend your loan as many times as necessary to redeem your instrument.
Need more reasons? We’ve got you covered.
With a pawn shop, you can get the cash you need regardless of your credit history. Everything is confidential, without credit checks or lengthy approval processes — the only thing that matters is the worth of your guitar.
Plus, a pawn shop offers a more secure, controlled experience than classified ad websites.
Wrapping It Up
To sum it up: pawn shops accept guitars, and the money you get for your instrument will depend on several factors, including current appraised value, condition, and the ability the pawn shop has to eventually sell the item.
Choosing a pawn shop to get cash for your guitar is a smart option because it allows you to get your instrument back when you pay off your loan.
If you decide to sell your guitar, pawn shops can help too. A pawnbroker may be able to offer you more money if you sell your guitar as opposed to pawning it.
The best way to know how much you could get for your guitar is by contacting a pawn shop in your area. With over 40 years of experience and locations in Chino and Pomona, California, the team at AJ’s Super Pawn, will be happy to answer all your questions!
Looking to Pawn a Guitar in Pomona or Chino, California? Contact AJ’s Super Pawn!
If you are looking for a dependable, trustworthy pawn shop in Southern California. Look no further than AJ’s Super Pawn.
We have locations in Pomona and Chino California. Give us a call today (Pomona: (909) 622-0334 , Chino: (909) 465 5456) or fill out the contact form to get in touch with us.