How To Pawn, Buy, and Sell Instruments in NYC

Paradise Pawn is one of the only local small businesses that provides both instrument repair services and buys/pawns used instruments. Our team here at Paradise Pawn also sells new instruments alongside buying and selling used ones. If you live in the NYC area and have questions about selling an instrument, buying a new instrument, or what our current inventory is, please give us a call or continue reading to learn how these services work. 

Where To Buy New Instruments in NYC

A common misconception about pawn shops that work with instruments is that they only work with used instruments. Here at Paradise Pawn in the Bronx, that is not true. We actually sell both used and new instruments as well as instrument accessories, including amps. Here are some of the music brands we sell. 

If you want to know what we have in our inventory, please come down to either of our locations in the Bronx, or feel free to contact us in advance so that we can discuss what we carry and help you find the instrument you are looking for. 

Where Can You Get Instruments Repaired in NYC

Our Paradise Music brand is one of the only small businesses in the area that provides instrument repair services. Our team provides repair services for a variety of instruments. If you have questions about our repair services, please give us a call or keep reading for more information. 

Where Can YOu Sell or Pawn Musical Instruments in NYC?

Our Paradise Music brand buys and sells used instruments. If you are looking to sell an instrument that you no longer use, we can give you a quote for it. Likewise, you may be able to use an instrument as collateral for a pawn loan. Granted, whether you are selling or pawning, it is very important that your instrument is in great condition, works properly, and has resale value. Like with reselling anything to our pawn shop, you can expect fair prices that are based on the intrinsic value of your instrument. We also recommend bringing any accessories with your instrument, including cases, as that can help add value to the item. 

Learn More About Pawning & Selling Instruments

Common Questions About Selling Watches in NYC

Pawn loans are based on a percentage of an item’s potential resale value. If you sell an item outright to a pawn shop, you will get more for the item since the pawn shop will be able to sell it. However, for a loan, they will provide less money, since they are only holding the item as collateral until you are able to pay off that loan and its interest. To figure out how much an instrument you have will be worth, consider how much it could be sold for by a reseller.

Here at Paradise Pawn, we buy and sell used instruments in the Bronx. Where you choose to sell is very dependent on your goals. For quick cash, a pawn shop like ours is often the best choice. We are able to quickly appraise the item based on its resale value and get you your cash. However, if your goal is to maximize profit, it might make sense to hold on to the item. Sometimes you will be able to find another local musician who is looking to pay more. However, this is both time-consuming and requires a lot of work on the seller’s part.

No, different pawn shops have different specialities. In fact, it is always best to find a pawn shop that specifically works with certain types of items. This ensures that their team is experienced and equipped to provide an accurate appraisal and evaluation of what your item is worth. If you sell to a generic pawn shop that doesn’t work with instruments, there is a chance you will get a much lower cash payout. Here at Paradisw Pawn, we specialize in instruments. We buy and sell used instruments, and sell new instruments as well. We also have a sister business, Paradise Music, where we sell accessories, including guitar strings.

If you are a musician looking for an instrument at a great value, we’d highly recommend working with a pawn shop like ours. Our shop specifically works with instruments and musicians, and our sister company Paradise Music also provides both new instruments and a variety of accessories that musicians need. Our team loves working with local musicians here in NYC and the Bronx, and we are happy to answer your questions about our inventory.