Did Pawn Starts jump the shark?

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GoChiefs

Resident Maniac

16,754 posts
Aug 28, 2011 6:17 PM
bigkahuna;875968 wrote:but their border line crooks.
Most pawn shops are.
Aug 28, 2011 6:17pm
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queencitybuckeye

Senior Member

7,117 posts
Aug 28, 2011 6:43 PM
bigkahuna;875968 wrote:I've figured that out by watching the show. They low ball people by a BIG MARGIN when they buy and opposite when the sell. Obviously they're trying to make money, but their border line crooks.
Every day it's in the store costs money. The cost of an item is more than what they pay to get it.
Aug 28, 2011 6:43pm
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bigkahuna

Senior Member

4,454 posts
Aug 28, 2011 10:07 PM
queencitybuckeye;875996 wrote:Every day it's in the store costs money. The cost of an item is more than what they pay to get it.
I don't fully agree with that.

Buy it, put it at a fair price where you're still making a good profit and move it. If something is worth $175, don't try to sell it for $250+ especially if you bought it for $50.
Aug 28, 2011 10:07pm
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Steel Valley Football

Senior Member

4,548 posts
Aug 28, 2011 10:49 PM
I would not call doing a commercial "jumping the shark". In fact, it's the wrong term altogether. The correct term would be "selling out", ala Bob Seger w the chevy truck commercials. Though, Pawn Stars is a TV show, which by it's very nature is already commercialized.....so what's this thread about again? LOL. You don't like show? :)
Aug 28, 2011 10:49pm
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gut

Senior Member

15,058 posts
Aug 28, 2011 11:31 PM
bigkahuna;876162 wrote:I don't fully agree with that.

Buy it, put it at a fair price where you're still making a good profit and move it. If something is worth $175, don't try to sell it for $250+ especially if you bought it for $50.
Yeah, their carry costs are pretty low these days given where interest rates are. The bigger cost is the issue of floor space and insurance. But of course something that sells for $175 needs to be priced higher as most savvy people should negotiate the purchase price just like they do. If someone doesn't realize that is only the "suggested" price, then the old saying of a fool and their money applies.
Aug 28, 2011 11:31pm
Curly J's avatar

Curly J

Self Pwner in Training.

7,282 posts
Aug 28, 2011 11:33 PM
gut;876211 wrote:Yeah, their carry costs are pretty low these days given where interest rates are. The bigger cost is the issue of floor space and insurance. But of course something that sells for $175 needs to be priced higher as most savvy people should negotiate the purchase price just like they do. If someone doesn't realize that is only the "suggested" price, then the old saying of a fool and their money applies.
Pretty much this ^^^They haggle, you haggle.

Plus didn't they add on to the Shop lately or are going to.
Aug 28, 2011 11:33pm
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bigkahuna

Senior Member

4,454 posts
Aug 28, 2011 11:35 PM
Steel Valley Football;876194 wrote:I would not call doing a commercial "jumping the shark". In fact, it's the wrong term altogether. The correct term would be "selling out", ala Bob Seger w the chevy truck commercials. Though, Pawn Stars is a TV show, which by it's very nature is already commercialized.....so what's this thread about again? LOL. You don't like show? :)
It's just a pooper commercial.
Aug 28, 2011 11:35pm