If you have a DeWalt drill that you simply don’t need anymore or are looking for a little extra cash, you may want to know how much you can pawn it for. And luckily, in this article, we have absolutely everything you need to know about how much you can get when pawning a DeWalt drill!
You can pawn a DeWalt drill for anywhere between $50 and $400. How much you get depends completely on the tool itself, the market price, and the condition it’s in. Luckily, pawn shops usually pay more for DeWalt than other power tools as it is a coveted and beloved brand.
Read on if you want to find out exactly how much you can pawn your DeWalt drill for, as well as how to negotiate with the pawn dealer and a whole lot more. In just a few minutes, you’re going to have all the information you need about pawning DeWalt drills.
How Do I Know How Much to Ask for DeWalt Drill?
Before you start the process of pawning your DeWalt drill, you need to understand how much it could be worth.
First of all, you should know that a DeWalt drill is a great thing to pawn because it is such a popular brand name. So you certainly have something to offer if you have a DeWalt drill!
If your DeWalt drill was manufactured in the past three years, and if it is in new or like new condition, you can ask for 90% of the original price tag at the pawn shop.
However, if it is dirty, heavily used, or more than a few years old, you should ask for about 60% -75% of the original cost.
How to Negotiate With a Pawn Dealer for your DeWalt Drill
Next, it’s important to understand that you should always start high when negotiating with a pawl dealer.
It’s their job to try to get the lowest price possible, so before you go in, you should set a minimum price that you’re willing to accept so that you don’t leave with less money than you are comfortable with.
As you now know, newer drills in good condition could be pawned for almost 90% of what you originally paid. But if your DeWalt drill is very used and an older model, you should expect to get around 50% of what you paid.
Negotiation is an important part of the pawn process. Try your best to stand your ground even if they try to low-ball you.
How Much Can I Pawn a DeWalt Drill For?
Now that you know the price percentages of what you can ask for your DeWalt drill and how to negotiate with the dealer, you probably also want to know exactly what you can get at a pawn shop for your DeWalt drill.
Reports show that you can get anywhere between $50 and $400 for your DeWalt drill. But obviously, that’s quite a big gap!
Price Per Drill
So how much can you get for your DeWalt drill? Well, it depends on the type of drill and the condition it’s in.
But here are a few examples of current popular models and what you can get for them at a pawn shop if they are in new or like-new condition:
DeWalt Drill | 20 MAX XR Brushless Cordless Hammer Drill | 60V MAX* Mixer/Drill Kit With E-Clutch® System | XTREME 12V MAX* Brushless 3/8 in. Cordless Hammer Drill Kit |
Market Price | <$200 | <$300 | <$100 |
Pawn Price | $100 | $142-236 | $50 |
The good news is, if you want to find out exactly what your DeWalt drill might get at a pawn shop, you can use online platforms such as PawnBat.com to do the math for you!
All you have to do is enter the model name, condition of the tool, and if it’s missing any pieces or has specific issues. After that, the site will give you an exact estimate of what you can pawn your DeWalt drill for.
Of course, then you will still have to use your negotiation skills at your local pawn shop to get as much as possible for your drill. But at least now you have a price to work with.
The Bottom Line
So, let’s recap: How much can your pawn a DeWalt drill for?
While it completely depends on the model of DeWalt drill you have, how old it is, and the condition it’s in when you attempt to pawn it, you can usually get anywhere from $50 to $400 for your DeWalt drill.
And hopefully, you now understand how to figure out what it’s worth before you arrive, as well as ask for when you do arrive at the pawn shop, and also how to negotiate with the dealer.