PAWNING VERSUS SELLING MUSICAL INSTRUMENTS
If you have a musical instrument and need cash, we offer options to pawn or sell. Pawning means we hold on to your musical instrument as collateral in return for a cash loan of like value. When you repay the full amount, we give your instrument back in the same condition as before.
Selling means that we buy your musical instrument outright, and you get to keep the cash without having to pay anything back.
We even take very high-end professional instruments and are willing to loan large amounts of money against them after verifying authenticity and substantiating market value.
THE BENEFITS OF PAWNING
Pawning is an easy way to get the emergency funds you need without making a big commitment. When you pawn your brass, wind, string or other instruments with us, we keep them safe and protected. If you return and pay the loan and interest within 30 days, the loan is closed and your instrument is returned.
At The Vault Jewelry and Loan, we know the value of instruments on the market, and we also know what they mean to you. If you’re having trouble paying the full amount within 30 days, we make it easy to extend your repayment period for as long as you need (up to indefinitely) simply by paying the interest.
THE BENEFITS OF SELLING
When you sell, you get the agreed-upon value of your instrument paid to you without having any interest or ongoing payments to consider. Selling is an excellent way to convert your unused objects into cash, and we often buy musical instruments people have inherited, lost interest or outgrown to give them another life.
With selling, it pays to prepare. Taking the time to clean your instrument, learn a little about its background and locate the case and accessories will typically make it easier to negotiate a deal that makes sense for everyone. If you change your mind soon after selling, you can easily buy it back for the listed price.
WHY BUY MUSICAL INSTRUMENTS FROM A PAWN SHOP?
Buying a used musical instrument from us offers advantages for musicians of any skill level. Our inventory includes options from the most recognized names in the industry. They are listed for less than the cost of purchasing new, and our prices are always open for negotiation.
We also offer the added benefit of buying in-person with the aid of an experienced professional — something you won’t get when you buy online. This typically means you can handle the instrument, check the condition and even test it out, all before committing to a price.