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
A mid-year update on the companies we have profiled on Business Unusual.
The Money Show’s Bruce Whitfield interviews Nigel Casey, the new British High Commissioner.
Government’s irregular spending is robbing the poorest South Africans of R233 each and every month, says KPMG’s Deborah Tickle.
The Money Show’s Bruce Whitfield interviews uCook cofounder David Torr for his weekly “ShapeShifter” feature.
The Money Show’s Bruce Whitfield interviews futurist Graeme Codrington.
The story behind Cash Converters and its pawn star CEO Richard Mukheibir…
Popular articles
Ray White interviews Wayne Duvenage, Chairperson at the Organisation Undoing Tax Abuse (OUTA).
Wits associate professor of economics Christopher Malikane speaks to Azania Mosaka about the term that is being bandied about.
How did Ngebulana build his empire? The Money Show’s Bruce Whitfield interviewed him for his weekly “ShapeShifter” feature.
The broadened bill will see those who lose their jobs receive money for a longer period when they apply for unemployment benefits.
Flux Trends founder Dion Chang gives five reasons why he believes getting a degree is past its sell by date.
WIN R2000! But only if you can prove you're a whiz of the MTN Biz Quiz by answering the following three questions...
Is social trend Blesserfinder, where girls are allegedly matching up with rich 'benefactors' in exchange for sex, a real thing?
Patrick Soon-Shiong, son of Chinese immigrants to SA, is the world’s richest doctor and the wealthiest resident of Los Angeles.
