Power tools hold their value. A 3-year-old DeWalt, Milwaukee M18, or Snap-On tool can still fetch 40–60% of retail. Keep the battery and charger — shops pay less for the bare tool.
Michigan pawn law basics: max rate 3% per month · minimum redemption 60 days. Confirm with the Michigan Department of Insurance & Financial Services.
Showing the 10 highest-rated shops in Michigan that specialize in power tools.
Serving Metro Detroit for over 30 years, Motor City Pawn Brokers specializes in luxury handbags, jewelry, brand-name tools, and electronics with a reputation for fair dealing.
A specialty gaming-focused pawn shop in Kalamazoo with a thriving retro and modern gaming inventory alongside standard electronics and jewelry, part of a growing Michigan chain.
American Jewelry and Loan - Hazel Park in Hazel Park, Michigan.
American Jewelry and Loan - Pontiac in Pontiac, Michigan.
American Jewelry and Loan - Southgate in Southgate, Michigan.
American Jewelry and Loan - Lincoln Park in Lincoln Park, Michigan.
A two-location Lansing institution with stores on E Michigan Ave and MLK Blvd, Capitol Discount is Michigan's capital city's longest-running independent pawn and resale shop.
Detroit's iconic pawn shop featured on truTV's 'Hardcore Pawn,' owned by the Gold family. A major destination for pawn loans and resale on everything from jewelry to heavy tools.
Lansing's Dicker & Deal on Cedar Street serves mid-Michigan with a broad inventory of electronics, tools, and musical instruments at competitive pawn and resale prices.
Flint's go-to pawn shop on Corunna Road, Mega Pawn serves the greater Genesee County area with a large inventory of electronics, tools, and jewelry.