SELLING YOUR EQUIPMENT?
If you just want to sell your item, we will buy your item outright. We typically offer 30-80% of the item’s value. This depends on the type of item, brand, and how fast the item will sell.
We always pay top dollar for name-brand items in great working condition.
List of Common Equipment Types and Brands: Trailers, Walker Lawn Mowers, Skid steers, Tractors, John Deer, Caterpillar, Komatsu, Hitachi, Volvo, etc..
One thing to keep in mind is that we want to make you the best deal we can, but also must consider pricing that allows us to move your item quickly so that it does not stick around and decrease in value as companies release new versions.
We can pay the most for items that tend to have stable values in the marketplace.
PAWNING YOUR EQUIPMENT?
A customer exchanges an item as collateral for a short-term cash loan. The item is returned to the customer after the loan amount and interest fees are paid. Sometimes, when a customer needs an extension on paying their loan, the item is held longer and the customer agrees to extend the terms of the loan for an additional length of time.
Idaho Pawn & Gold offers the best item-backed loans in the area. Our plans are flexible with a minimum repayment period of 40 days and a maximum repayment period of 10 years. Our interest rate is 2.9% per month or 35% APR when clients borrow 30%-50% of the liquid wholesale value of their pledged collateral over $10,000. For example, if you have an asset with a liquid wholesale value of $25,000 and borrow $10,000, your interest would be $291.66/month. If you borrowed the money for 3 months, your total payback amount would be $10,74. Loans greater than $50,000 can qualify for even lower rates. If you have any more questions please review our FAQ page or give us a call.