If you’ve ever needed cash fast, then you might want to give a pawn shop a try. They’re known for giving out loans on items banks and credit unions won’t touch.
Having said that, if you’ve got a used TV for sale, you’re in the right place. Pawn shops like GEM Pawnbrokers can get you a good price—and they’ll also give you four months to pay back the loan so you can get your TV back in time for The Walking Dead season premiere.
Why Sell Your TV to a Pawn Shop?
If you’re looking to sell used electronics for cash, you might wonder what makes a pawn shop a good choice. Why bother with the hassle of going to a pawn shop when you could just throw it up on a resale app?
The fact is that pawn shops have a ton of advantages over selling to a random stranger online. Pawn shops are a lot safer, for one thing. For another, pawn shops like GEM Pawnbrokers have an expert staff that can help you get the best price for your flat screen TV.
Pawn shops will also let you get your TV back up to four months later. Try that tactic with a stranger you met on a resale app? No way.
GEM Pawnbrokers also has 24 convenient locations around NYC and Long Island. So, if you’re in the city, there’s a pawn shop that buys TVs near you. Why wait for someone online to contact you when you can drive to your nearest pawn shop and sell your flat screen TV?
What Pawn Shops Look For in a TV
If you’re taking your flat screen to a pawn shop that buys TVs, you’ll need to remember a few tips.
First, completeness counts. If you have the original cords and remote that came with the TV, you’ll get a better price than you will without them. If you happen to have the original box or even the Styrofoam packing pieces, rest assured you’ll be getting a very good price for your flat screen TV.
Of course, the price you’ll get for your flat screen TV won’t just rely on how complete and clean it is. The pawnbroker will also look at the brand of the TV and its screen size.
If your flat screen TV’s brand is:
Congratulations! You’ve got a brand of flat screen TV that is in demand. You’ll also get a reasonably good price if your flat screen TV is a Vizio or a Sharp.
Pawn shops that buy TVs will also pay more for a bigger screen. If your TV’s screen is less than 26 inches, you’d be lucky to get over $50 for it. If your screen is greater than 42 inches, though, a pawnbroker like GEM might offer you over $200, provided the TV is one of the brands mentioned above.
If you’ve got a flat screen TV you need to sell, Contact GEM Pawnbrokers. Our friendly staff will help you determine the value of your TV (and any other items!) and help get you an instant cash loan with no credit needed. Call us at 718-596-5626 or stop by one of our 24 convenient locations in NYC or Long Island.
The post What’s My Flat Screen TV Worth? A Rundown of What You Can Expect appeared first on Gem Pawn Brokers.
FAQs
Set the price of your TV at 20-30% off of the current selling price. Take the current list price of the TV and multiply it by 0.2 or 0.3 to find the discount. Subtract that amount from the list price to find the asking price for your TV.
What is the average life of a flat screen TV? ›
On average, most TVs tend to last around 7 to 10 years of frequent usage. Even at its maximum brightness, a TV can easily last for up to 100,000 total hours of use. TVs are built to last. Major manufacturers like Samsung, LG, and Philips, amongst countless others, pride themselves on the quality of their TVs.
How do I get rid of my flat screen TV near me? ›
Donate your working televisions to a local charity or second-hand store. Utilize a TV recycle pickup service to conveniently dispose of your old television. Call 1-800-GOT-JUNK? to do all the heavy lifting for you and ensure your TV is properly disposed of.
How much can I get for a 50 inch TV at a pawn shop? ›
Pawn shops that buy TVs will also pay more for a bigger screen. If your TV's screen is less than 26 inches, you'd be lucky to get over $50 for it. If your screen is greater than 42 inches, though, a pawnbroker like GEM might offer you over $200, provided the TV is one of the brands mentioned above.
How to calculate depreciation of TV? ›
Depreciation is calculated by subtracting the residual value from the initial asset value and dividing the result by the estimated useful life. For instance, let's say you buy an LCD TV worth Rs. 2,02,500 with a useful life of 5 years and be recycled for Rs. 14,000 at the end of this period.
Which old TVs are worth money? ›
Some rare sets, such as the Transvision kits and the Viewtone sell for $1,500 or so. Sets that are hard to find, such as the DuMont "Doghouse" RA-103 and the RCA 621 are worth $300-1,800 More common sets, such as those from 1949, are generally worth $100-200.
How much gold can you get out of a flat screen TV? ›
Not very much. In fact, almost none. Gold, at $1900 per troy ounce (31.3 grms), is too costly to use very much of it in any electronic device. The cheap TV sets will use tin plating where gold might be used in the higher end TVs.
What shortens the life of a TV? ›
These can include dust, high temperatures, power surges, and other environmental factors. A TV's life can also be shortened by misuse. If you were to leave your TV on when not in use, its lifespan would be significantly shortened. Be sure to place your TV in a suitable room, and take frequent care of it!
Is it worth fixing a flat screen TV? ›
If you want to reduce waste or have a simple fix, repairing your TV is worth it. However, sometimes the cost of repairs can exceed the cost of a new TV. Therefore, depending on the age of your TV and the parts you need to replace, replacing your old TV with a new model is more cost-effective.
Why is it so hard to get rid of an old TV? ›
Another reason getting rid of your old TV can be difficult is that they're considered e-waste, or electronic, waste items. The fact is that older television sets contain harmful chemicals that can pollute the environment if they are put into landfills or other improper disposal locations.
Bring your flat-screen TV to an electronics recycling center to properly dispose of it. Don't throw the TV in the trash—that's illegal in many places because it contains toxic materials. If your flat-screen TV still works, consider selling it or donating it to a secondhand store.
What is the difference between a flat screen TV and a smart TV? ›
What is the difference between a smart TV and a regular TV? Standard flat screen TVs are not equipped with internal internet connectivity, which allows users to conveniently access various apps and other smart features.
How much are TVs usually worth? ›
Some brands make TV's to last longer, some have a better success rate, and some brands make their TV's with more options to choose from. Sony, LG, and Samsung are some of the top brands when it comes to TVs. They can sell used anywhere from $75 to $1,000.
What is a good price to pay for a TV? ›
But how much should you actually spend when purchasing a new TV? The vast majority of TV sales are for screens that cost under $1,000. It's a competitive segment of the market and, as Paul Gagnon, the director of TV Sets Research for IHS Markit told us a few years ago, most TVs in the U.S. sell for around $400 to $500.
Do TVs have resale value? ›
TVs have gotten so inexpensive there just isn't much of a market for used televisions these days, especially if the TV wasn't that expensive to begin with. While there are some exceptions, here are a few general rules: It's probably worth something if: It's a high-end TV from the last five years or so.
Is it cheaper to fix a flat screen TV or buy a new one? ›
It's also important to consider that sometimes the cost of repairs can approach or exceed the value of the TV, especially for older models. In such cases, it might be more economical to invest in a new television. Always consult with a professional technician to get an accurate quote for your specific TV issue.
