My business doesn’t thrive on poor people. My business thrives on yuppies. They buy a Ferrari, but don’t have money for petrol.
— Roy Peretz
A pawn shop is a business who loans money – or pays cash - to people who bring in valuable items such as jewellery, gold, watches, cameras, musical instruments, televisions or computers.
The Money Show’s Bruce Whitfield interviewed Pawn Shop SA host and pawn shop owner Roy Peretz for his weekly "The Science Of" feature.
Listen to Peretz in the audio below (and/or scroll down for more quotes from it).
I will not buy anything I can’t sell.
— Roy Peretz
You buy a laptop today; tomorrow it’s worth half the price.
— Roy Peretz
People who come to us are not bankable. Banks won’t help them.
— Roy Peretz
You can bring your car to us; you can still drive it but we’ll give you money.
— Roy Peretz
I’ve pawned two Ferraris this year.
— Roy Peretz
We have huge problems with security.
— Roy Peretz
We look at the pictures on your phone to ensure you didn’t steal it.
— Roy Peretz
The oddest thing I’ve ever been asked to pawn was a vibrator.
— Roy Peretz
Click here (then“like” the page) to follow Bruce on Facebook.
Enter your email address in the form below to receive a newsletter containing the most-read articles of the week from Bruce Whitfield’s The Money Show every Friday morning in your inbox.
Read More
George Glynos, head of research at ETM Analytics, says the those lockdowns are likely to be extended for longer than 21 days.
Musician and television host at Republiek van Zoid Afrika says because of COVID-19people are all the same now.
Charities Aid Foundation Southern Africa CEO Gill Bates says the main concern is those organisations that are on the fringes.
World Wide Worx MD Arthur Goldstuck gives tips on what to do during an interview on Skype or something similar.
Africa’s most developed economy is heading for a very cold economic winter, says Absa Senior Economist Peter Worthington.
The story behind Cash Converters and its pawn star CEO Richard Mukheibir…
Popular articles
According to the Department of Health, this is an increase of 31 from the previously reported cases
Musician and television host at Republiek van Zoid Afrika says because of COVID-19people are all the same now.
Charities Aid Foundation Southern Africa CEO Gill Bates says the main concern is those organisations that are on the fringes.
World Wide Worx MD Arthur Goldstuck gives tips on what to do during an interview on Skype or something similar.
George Glynos, head of research at ETM Analytics, says the those lockdowns are likely to be extended for longer than 21 days.
Pupils are able to access the podcast lessons at anytime that is suitable for them in the comfort of their homes.
Deputy Minister Hlengiwe Mkhize spoke about how containment measures can be isolating for those who rely on the support of others.
The family says the former Jam Alley presenter passed away in her sleep.
EWN reporter Mia Lindeque says the grandmother says if there wasn't a lockdown people would have stopped the culprits.
Dispak Group has pledged 10,000 face shields to the Gauteng Health Department and another 10,000 to healthcare workers.
