Pawn Shops Grosse Pointe Woods
In Grosse Pointe Woods, pawn shops are often used for quick cash or to sell items like jewelry and electronics. Many locals also turn to nearby Detroit shops for a wider selection of services.
Grosse Pointe Woods, MI has 6 pawn shops in our directory. Top-rated options include Motor City Pawn Brokers, Zeidman's Jewelry & Loan, and iPawn Detroit.
Disclosure: This page contains affiliate links. We may receive compensation when you click certain links. This does not influence our recommendations.Contains affiliate links. Learn more
Filter by services
Motor City Pawn Brokers
View details15440 8 Mile Rd, Detroit, MI 48205, United States
Zeidman's Jewelry & Loan
View details2669 Gratiot Ave, Detroit, MI 48207, United States
Bim's Pawnbrokers
View details5676 W Fort St, Detroit, MI 48209, United States
What Grosse Pointe Woods Pawn Shops Accept
- ✓ Gold jewelry & watches
- ✓ Electronics (phones, laptops, tablets)
- ✓ Power tools (DeWalt, Milwaukee, Makita)
- ✓ Gaming consoles (PS5, Xbox, Nintendo)
- ✓ Musical instruments
- ✓ Firearms (where permitted)
- ✓ Designer items
Acceptance varies by shop. Call ahead for specialty items or large quantities.
Michigan Pawn Shop Regulations
Michigan pawnbrokers are regulated under Act 273 of 1917 (MCL 446.201-446.219). Interest exceeding 3% per month renders the loan void—borrower owes nothing and pawnbroker must surrender item. Storage fees of $3/month and usage fees of $1/month permitted.
Tips for Visiting Pawn Shops in Grosse Pointe Woods
- 1.Get quotes from multiple shops before deciding
- 2.Know your item's value - check eBay sold listings first
- 3.Bring valid government-issued ID (required by law)
- 4.Ask about interest rates and total repayment amount upfront
- 5.Keep your pawn ticket in a safe place
- 6.Ask about the redemption period and any grace periods
- 7.Ask if they report to credit bureaus (most don't)
Frequently Asked Questions
What can I pawn in Grosse Pointe Woods?
Common items include gold, electronics, and tools, which are often accepted at local shops.
Which pawn shops in Grosse Pointe Woods are well-reviewed?
Check out Motor City Pawn Brokers and Zeidman's Jewelry & Loan for trusted options nearby.
How much can I get for gold?
Offers vary by weight, purity, and current prices. Pawn shops typically pay below spot value - get multiple quotes to compare.
What ID do I need?
Valid government-issued photo ID (driver's license, passport, or state ID).
