Absolutely! iPhones are popular items at pawn shops because of their high demand and resale value.  This article will guide you through everything you need to know about pawning your iPhone, from understanding pawn shops to getting the best deal.

Can You Pawn an iPhone?

Yes, pawn shops readily accept iPhones as collateral for loans. For those unfamiliar, iPhones are smartphones designed by Apple. They’re known for their sleek design, powerful features, and user-friendly interface.

Pawning or Selling Your iPhone

There are two main options: pawning or selling your iPhone.


You receive a loan in exchange for your iPhone. The pawn shop holds onto your phone until you repay the loan with interest. If you don’t repay the loan, the pawn shop keeps your iPhone.


You permanently sell your iPhone to the pawn shop for a one-time cash payment.

Tips For Getting The Best Deal

Here are the tips that you need to follow to get the best deal:

  • Shop around: Get quotes from several pawn shops before making a decision.
  • Research your iPhone’s value: Check online marketplaces like Swappa or Gazelle to get an idea of your iPhone’s current market value.
  • Present your iPhone in good condition: A clean, undamaged phone will fetch a higher price.
  • Include accessories: The original box, charger, and headphones can increase your offer.

What to Do Before Pawning or Selling?

Confused what you should do before pawning? Here are the steps you must follow:

  • Back up your data: This ensures you don’t lose important photos, contacts, and other information.
  • Factory reset: Erase all your personal data from the phone.
  • Remove your iCloud account: This prevents the phone from being locked.

Choosing the Right Pawn Shop for Your iPhone

Let’s choose the right pawn shop for your iPhone:

  • Reputation and experience: Choose a reputable pawn shop with a history of fair dealing.
  • Other items accepted for pawning or selling: Look for a pawn shop that accepts a variety of items, in case you want to pawn something else in the future.


Pawning an iPhone can be a quick and convenient way to get cash.  By following the tips in this article, you can ensure a smooth transaction and get the best possible deal for your device.

Commonly Asked Questions:

Can I Pawn a Blacklisted iPhone?

No, pawn shops cannot accept stolen phones.

Do I Need My ID to Pawn an iPhone?

Yes, you will need valid government-issued identification.