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Writer's pictureA&F Pawn Jewelry and Loan

iPhone 15 Pro for a loan or a buy: Here's what you need to know

Updated: Jun 10



When considering pawning an iPhone 15 Pro, several factors will influence the loan amount you can receive. Here's a breakdown of what you need to know:

Iphone 13 Pro Max
Iphone Loans @A&F Pawn
  1. Phone Condition:

  • Excellent Condition: Phones in pristine condition without any scratches, dents, or software issues are valued higher.

  • Good Condition: Minor cosmetic wear and tear can slightly decrease the value.

  • Functional Issues: Any hardware or software problems will significantly reduce the loan amount.

  1. Phone Status:

  • Unlocked vs. Locked: Unlocked phones typically fetch a higher price as they can be used with any carrier.

  • Reported Lost or Stolen: Phones reported as lost or stolen are not accepted by most pawn shops.

  1. Market Value:

  • The iPhone 15 Pro, being a recent model, has a high market value, typically over $1,000. However, pawn shops often offer loans at a percentage of this value, usually between 30% to 50%.

  1. Accessories and Original Packaging:

  • Including original accessories and packaging can increase the loan amount offered.

  1. Demand and Store Policies:

  • Some pawn shops may have specific policies regarding electronics, with some not accepting iPhones at all.

Given these factors, a pawn loan for an iPhone 15 Pro could range between $300 and $500, assuming the phone is in excellent condition and unlocked. However, the exact amount can only be determined after a physical inspection of the phone.


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