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General => General Discussion => Topic started by: terravista on August 03, 2012, 01:40:01 PM

Title: Buying at Cash Converters
Post by: terravista on August 03, 2012, 01:40:01 PM
Hi
Does anyone have experience when buying at Cash Converters or similar Pawn/Lending shops?
They have prices marked on items, but is that a starting point for bargaining, or do they stick to that figure?
I know a couple who have sold gear to them, and they felt they got screwed over in the prices received. They went back to the store a couple of days later, and the goods were marked up roughly 300%. This would indicate some wriggle room to negotiate, without hurting them too much.
Cheers
Ian
Title: Re: Buying at Cash Converters
Post by: Mace on August 03, 2012, 01:55:03 PM
Not that Ive ever purchased anything from them, but the Shepparton Cash Converters often has 30/40/50% OF (insert Electrical/Jewellery/etc) TODAY signs out the front!

Title: Re: Buying at Cash Converters
Post by: rotare on August 03, 2012, 02:01:22 PM
I normally avoid crap convertors like the plague, as most of their stuff is rubbish, or rediculously over priced.

Having said that, I have brought a few hard to get items from them over the years and never paid their stickered price on any item.  Just politely give them an offer, and usually the kid serving you will go see the older kid (the manager) to determine whether they will accept it.

Title: Re: Buying at Cash Converters
Post by: Burnsy on August 03, 2012, 02:05:53 PM
I often buy power tools from them when I see a brand new makita or something there and alway manage to get a fair bit knocked off the price.  If it is something obscure that I want but know has been there a fair while (over six months) I will offer half the price, been lucky a few times.
Title: Re: Buying at Cash Converters
Post by: BigJules on August 03, 2012, 02:43:14 PM
I once sold them a camera I no longer wanted, but got very little for it. I feel for tradies every time I walk in and see all the power tools, as I'm sure they come out of the back of some poor b4stards ute.

Everything is negotiable. I ask for as discount when I buy milk  ;D
Title: Re: Buying at Cash Converters
Post by: Burnsy on August 03, 2012, 02:47:25 PM
I believe cashies record all serial numbers and notify police of such.  I once walked into the local one and found my recently stolen wetsuit hanging in there.  Told them it was mine, they called the police, they arrived, filled out a  form and took it home ;D

I find the best time for real bargains on power tools is after Christmas, heaps of new gear at good prices.
Title: Re: Buying at Cash Converters
Post by: Bird on August 03, 2012, 03:24:51 PM
Its known as Crime Converters round here..

They collect serial numbers. But you always hear nightmare stories of people trying to get their Shit back.

How many tradies have their $20k of tools listed by serial #? I know my old neighbour didn't...  He found all his tools at a Sutho Shire store, but the cops wouldnt do Shit, considering the store is next to Dunkin Donuts, and Crime converters, it wasnt as thought they had to go far...

As for buying from there, I agree with people dumping their dud stuff there...
Title: Re: Buying at Cash Converters
Post by: Chippy76 on August 03, 2012, 05:19:16 PM
Its known as Crime Converters round here..

They collect serial numbers. But you always hear nightmare stories of people trying to get their **** back.

How many tradies have their $20k of tools listed by serial #? I

I have all my tools serial numbers recorded, engraved and photos taken, after all, if I lose them I lose my ability to work ... cheap insurance really ...

Cheers Chippy :D
Title: Re: Buying at Cash Converters
Post by: GLC on August 03, 2012, 05:21:41 PM
Always negotiate at cashies, start at 30% and let them tell you how ridiculous that price is and then get them to make their best counter offer, take at least 10% off that and let them go talk to their "boss" (read go twiddle their fun or have a good laugh at the price they are stitching you up with) and you should get close.
Title: Re: Buying at Cash Converters
Post by: Jason75 on August 03, 2012, 05:43:16 PM
Once had some fishing rods knocked off from home and found them in the local cashies. Paid $65 for one of them new and found it there for $80, considering it was more than 3 years old I didn't realise rods gained value over time :o:))
Title: Re: Buying at Cash Converters
Post by: Jenko67 on August 03, 2012, 05:46:14 PM
Just be careful... most grubs go there to pawn stuff they don't own without the permission of the said owner...... understand what I am trying to say??
Title: Re: Buying at Cash Converters
Post by: macca on August 03, 2012, 06:30:17 PM
I know they never pay more than half what they sell it for
Title: Re: Buying at Cash Converters
Post by: speewa158 on August 04, 2012, 10:08:11 AM
l have puruhased from Crime Converters but only if l know what the item is worth & worth to me . Haggle is the way to go with them  :cheers:
Title: Re: Buying at Cash Converters
Post by: jeb1900 on August 05, 2012, 05:16:46 PM
If you want to be horrified, youtube the TV show called Hardcore Pawn.  Makes you think shopping at Cash Converters is like shopping at David Jones.
Title: Re: Buying at Cash Converters
Post by: terravista on August 06, 2012, 01:27:48 PM
Thanks people.
It pretty well confirmed my ideas.
I am looking for some archery equipment, so there's not too much can be tricked up to hide faults.
I saw some items in there that seemed to be not much cheaper tha new goodies, and thought they might have room to move, but if a bluff is called, I know what to do.
Cheers
Ian
Title: Re: Buying at Cash Converters
Post by: speewa158 on August 07, 2012, 04:05:40 AM
Terravista  The sticker price is just that stuck up to really try you out . If you dont ask you dont get  :cheers: