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« Back to articles from category "Classifieds"

The following article was published in our article directory on December 12, 2011.
Learn more about SpinDistribute Article Distribution System.

Striking Great Deals: Cash in a Dash or Phones from Pawns

Article Category: Classifieds

Author Name: Sancus Treasures

People generally fancy Apple iPhones mainly because of its great features such as voice-enabled message sending and search functions or its dual core A5 chip. Additionally, owning an iPhone, particularly the high-end models, constitute bragging rights. The fact that Apple mobile products are known to be costly has elevated these items as status symbols or classic indicators of affluence . There is, however, another side of iPhones that even those who own one are not aware because buying either a brand new or pre-owned iPhone is not all a extravagance - it is a great investment idea. Apple iPhones command good prices even in pawn shops, and are, therefore, as reliable as cash in a dash . Shopping for iPhones from a pawn shop is also another great idea as long as you have a flair for great deals.

Based on the storage capacity of the 4S model, a brand new iPhone sells from $650 to $850. From the point of view as a seller, for sure , even for a slightly used unit complete with the box, peripherals, receipt and all that, it can not be sold at the original purchase price , say two weeks ago. Bigger pawn shops do not guarantee higher appraisal either. For all it is worth , however, newer phones get higher appraisals.

On the other hand, if you are inclined towards getting a new iPhone from the pawn shop, you are on the better end of the deal. The fact that pawn shops get their items at lower prices gives you a better chance of owning your dream Apple iPhone by investing fewer dollars than buying it brand new. It also helps to be aware that iPhones are hot items in the pawn shop, and you need to make sure that before you make the rounds of the shops in your area, you have enough cash to strike the deal once you find the iPhone you are looking for. Do not just look at the shelves - examine the unit you intend to buy; make sure that the charger works, the keys, sound, and voice commands are functioning; look for cracks, check the battery and verify if the iPhone screen is not damaged.

The most important hint that a prospective buyer of a pre-owned iPhone should keep in mind is that brand new phones this year are priced higher than the same brand new phone models that will be sold in the following year because newer models are being introduced in the market. For purposes of this discussion, consider that current prices of 15 GB, 32 GB a 64 GB are $649, $749, and $849, respectively, but buying the same model next year or two years hence will cost you lower. This is true whether the units are or newly manufactured or older stock from the first batch. In other words, the cost of current technology depreciates as fast as technological science advances.

It is important to do a thorough research when it comes to the price so that you will have a general idea of the prices for the same model of Apple iPhone in the next 7 years. You may compare the depreciated value of the brand new iPhone model with the same model of the pre-owned unit you intend to purchase from a pawn shop. There is a good possibility that pawn shop prices are much lower.

You will observe from your research that the approximate price of the same models next year would be $556, $642, and $728, respectively, and which would have all depreciated by 14.29% of their original selling prices this year. Accordingly, after two years, the same models will further be lowered to $285, $329, and $373, respectively, and which would have all depreciated by almost one quarter of their original selling prices this year.

About the Author: Sancus Treasures is an expert when it comes to Pawn Shop Items For Sale. To find great deals on pawn shop electronics, musical instruments, jewelry and more, visit Sancus Treasures, Pawn Shop Classifieds.

Keywords: Pawn Shop Items

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