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In Mexico, just over 20 percent of the population has resorted to efforts to pay for any type of expense.
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It is estimated that on average 13 million Mexicans resort to pawning per year.
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On average, 50 percent of the pawn in Mexico is made up of all kinds of objects, tools, gadgets and more, while the rest is jewelry.
The global health emergency, military and sociopolitical conflicts worldwide, as well as the scarcity of raw materials, have forced a large part of the people to face a growing economic crisis, which has forced consumers to seek the best Purchase options, so now a content creator took on the task of testing how convenient it is to shop at a pawn shop.
For most people, turning to pawn shops is the way to obtain immediate liquidity that allows them to face any setback, according to the National Survey of Financial Inclusion it is estimated that at least 20 percent of the national population resorts to pawning or selling goods to face the lack of income; Also, according to the study “The market for pledge loans in Mexico”, Nearly 13 million people resort to the effort each year, which usually acquire amounts close to 600 thousand pesos.
In accordance with Prendamexjewelry accounts for half of all pawned goods, while the other 50 percent is made up of electronic items, digital devices, cars, tools and other objects such as gadgets, which have grown by up to 70 percent within the effort, so finding something of value at low cost within these establishments may be possible.
Is it convenient or not to buy in pawnshops?
As such, the benefit of pawning an item is the chance to get it back; however, it may be the case that this does not happen, so pawn shops choose to put various items for sale, which have been valued and verified, usually at a low cost.
This is the reason why now a TikTok creative took on the task of checking (in his experience) how convenient it is to buy within these places.
@newadults Is it convenient to buy products in pawnshops? ???? The net? No… sometimes the difference is no more than a thousand pesos, a thousand times it will be better to buy something new and with a guarantee. Although sometimes they have good deals. The thing is always to search and compare prices. ???? #N#NewAdultsE#EndeavorD#Moneyc#purchasesl#lifehacksA#Adulthacksm#moneyd#moneyA#SavingA#Independent Adult ♬ Neither please – Pedro Infante
As can be seen in the short video, the creator uses as an example a stove with six burners and an oven, which on average, in a pawn shop, has a price of around 6,790 pesos, while the same item in some established stores it was more expensive or cheaper, with a price variation of no more than a thousand pesos.
Given his price census, the creative concludes that, in general, you can get a discount of 200 pesos or even find higher prices than those offered in completely new products with a guarantee.
However, within the digital conversation, it has been pointed out that sometimes within these establishments you can find good deals and even devices that can last for years, so they recommend consuming inside second-hand stores under the premise that They are products with use and without guarantee.
“I took out an Xbox 360 in a pawn shop, I used it, enjoyed it and traded it for a Play 3 and put many games in it, then I sold it.” the pozole
For consumers, having purchase options is relevant, since there are several options, they can take care of family spending, so they turn to content creators on a daily basis to learn regarding all kinds of shopping experiences, putting to test establishments such as SAM’S and Costco, 7-Eleven or Oxxo, where various comparisons are made, which allows users to take care of family spending.
@foodiedigger1 Costco vs sams parte 1! PIZZAS!!! #parte1 #costco #pizzas #always #episodio1 #sams #comparison #vs #foryou @tastinghillo @RebeO ♬ Cooking – Oleg Kirilkov
Today, for millions of people, having various consumption options allows them to do more with family spending, since by making more informed purchases, savings can be generated with which to face unforeseen events in the future.
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