If you're in need of cash and you've been looking around your home for things to pawn, don't forget about your expensive basketball shoes. It's possible to pawn basketball shoes as long as they are valuable and in good shape. Here are things to know.
Call Around To Find The Right Pawn Shop
You might need to call pawn shops to find one that accepts basketball shoes. When you find one, ask about what you need to do to the shoes before bringing them in, and what you can expect with the pawning process. That helps you be prepared so you get the most money for your shoes.
Assess The Value Of The Shoes
Like anything else you want to pawn, the shoes need to be in good condition. That means the heels shouldn't be worn down and the shoes shouldn't have any other damage. If the pawn shop accepts shoes in poor condition, you may not get very much money for them.
You'll also want to pawn basketball shoes that cost in the hundreds of dollars when they were new. The more valuable and in-demand the shoes are, the more money you'll get for them, and the more likely the pawn shop will want them.
Clean The Shoes And Eliminate Odors
The pawn shop might not accept the shoes if they have foot odors or if they are dirty. Spend time cleaning the shoes to get rid of dirt, stains, and scuff marks. Also, use a sanitizer on the insides to eliminate bacteria and odors. If you're not sure how to clean basketball shoes, then look up directions on shoe manufacturer websites or call someone who might know so you don't use products that harm the shoes.
Understand How The Pawn Process Works
It's important to understand that the pawn shop isn't going to give you full value for your shoes because they want to make a profit if you don't come back for the shoes and they need to sell them. Determine beforehand the lowest price you're willing to accept. Also, make sure you understand the terms of the arrangement. If you don't pay off the pawn loan on time, the shoes will be put up for sale. If you don't wear and don't care about the shoes any longer, then you may not care about getting them back. However, if you want the shoes back, be sure to pay your loan back on time.
Consider Trading For Different Basketball Shoes
You're probably not the only one trying to pawn basketball shoes. Once your financial crisis is over, you might want to return to the pawn shop to look for a pair of basketball shoes to replace the ones you pawned. When you're in need of high-quality basketball shoes, you may not need to pay full retail price if you can find what you want at your pawn shop for a lower price.