Hello, folks!

Your favorite neighborhood bodymassage has fallen victim to a confluence of unexpected bills and is tasked to procure a few hundred bucks on short order.

One of my more valuable (yet dispensible, if need be) possessions is my beloved AR-15, so she's up on the chopping block.

Anyone have a trusted pawnbroker that deals in gently-used firearms and doesn't charge an arm and a leg for loans? I've been suggested Picasso Pawn on S. Saunders, but I want to get a few opinions before I just start whoring out my little friend to sheisty pawn shops.

Thanks for your time,
bodymassage

[Edited on May 6, 2012 at 11:15 AM. Reason : P.S. - to clarify: I am pawning, not selling.]

5/6/2012 11:13:47 AM

$25

5/6/2012 11:14:52 AM

alright $30

5/6/2012 11:23:23 AM

If you want to loan me $500 for $30 I'll certainly take you up on it. I can offer a $1000+ rifle (that will legally have to be yours in the meantime) as collateral

(I mean hell, if you're serious)

5/6/2012 11:30:48 AM

Quote :

" I am pawning, not selling"

whats the difference?

5/6/2012 11:41:31 AM

Pawning is not selling

5/6/2012 11:44:18 AM

pawning is essentially taking out a loan with a pawnbroker with something of value greater than the loan as collateral.

So, for example, I take my AR to a guy, he deems it's worth $1100 dollars retail. This means he'll buy it at maybe $600-700. So, I can get a loan typically up to around that amount. We write up a contract and have, say, 30 days to pay back the money and I get my rifle back. If I default on the loan, it's his and he puts it up for general sale.

Typically they charge $20-30 per $100 borrowed as interest, and it's my understanding that if you can't pay the whole amount by the contract end you can pay off the interest and essentially "re-set" the whole deal.

Firearms are a little different though, and due to the penalties of buying/selling stolen weapons many pawnbrokers only deal with new guns. I'm assuming it requires a background check for me to pawn the thing, and another when I pick it back up as if I was buying it for the first time.

[Edited on May 6, 2012 at 11:51 AM. Reason : this is my understanding, anyway. I've never done it before]

5/6/2012 11:47:44 AM

^^Pawning is like getting a loan for collateral. However, after x amount of time, it goes up for sale.

5/6/2012 11:49:15 AM

5/6/2012 11:56:09 AM

bodymassaaaggggeee

5/6/2012 11:57:18 AM

I always wondered how pawn shops worked.

5/6/2012 12:50:53 PM

I've got a buddy who's an expert in antique arms and armory. Let me call him and have him come down here and take a look at it.

5/6/2012 12:56:04 PM

best I can do is 10$

5/6/2012 1:07:59 PM

tree-fiddy

5/6/2012 1:08:00 PM

lol "bodymassage"

5/6/2012 1:09:47 PM

20-30% eww

5/6/2012 1:29:46 PM

ill loan you $500 for $200.

5/6/2012 1:35:24 PM

Quote :

"I've got a buddy who's an expert in antique arms and armory. Let me call him and have him come down here and take a look at it"

haha

5/6/2012 2:42:19 PM

Okay, Walter, what are your concerns with this item?

5/6/2012 4:49:52 PM

Quote :

"I've got a buddy who's an expert in antique arms and armory. Let me call him and have him come down here and take a look at it."

I find it ironic that your profession involves helping bodies heal and your most valuable possession is meant to rip bodies to shreds. That is all, BYE

5/6/2012 4:59:51 PM

Quote :

"I've got a buddy who's an expert in antique arms and armory. Let me call him and have him come down here and take a look at it."

hahaha

5/6/2012 5:28:55 PM

5/6/2012 6:23:46 PM

Have you heard of something called..................





an emergency savings account?

5/6/2012 10:48:04 PM

Ray's Gun Shop in Newport is pretty legit when it comes to giving you a fair price for a used gun.

5/6/2012 11:33:44 PM

Savings is so 70s.

5/6/2012 11:35:48 PM

But honestly, when I go to work tomorrow I can do some research to see who in your area would be pretty good at helping you with that gun.

5/6/2012 11:37:02 PM

Is that what you get paid to do at work?

5/7/2012 9:49:48 PM

it was today

5/7/2012 9:50:36 PM

i loled

5/7/2012 10:40:05 PM

Quote :

" NORTH CAROLINA, the legal interest rate and the general usury limit is 8%. However, there is a provision for a variable rate, which is 16% or the T-Bill rate for non-competitive T-Bills. Above $ 25,000 there is no express limit. However, the law providing for 8% is still on the books- be careful and see a lawyer! "

http://www.lectlaw.com/files/ban02.htm

$40 on a $500 loan? Hmm...

5/7/2012 10:55:12 PM

oh the guy with the failure pizza parlor has all the answers

5/7/2012 11:46:56 PM

5/7/2012 11:48:32 PM