Cash Converters pricing madness

Maybe it's changed, but it used to be:

Proof of i.d.
Sign a piece of paper saying you hadn't stolen it.

That's it.

Then you'd get £20 for a bike costing £400 new.

Maybe £20 is all you need🤔

Still is pretty much that verification or atleast it was up until a few years ago, I know a couple people who had some rough years that'd rob mostly electronics from one store then sell on to the likes of CC, Cex etc. CC would take any government issued forms (ie housing benefits, benefit claim paperwork, etc) as proof of both ID and address - not that it's Oceans Eleven levels of espionage but I'd heard that people living in halfway houses and the like would often have their paperwork go missing to be used as ID at those stores.
 
when I worked at a Cashconverters, it was two forms of ID. If it needed work, yes it would be bought cheap but if it was good, it would be more

The retail was usually 2.5x the purchase price. VAT would have to be paid on any profit

Interestingly, if the purchase price code is still used, both bikes were bought at £25 each but 'BK' could also just be short for 'bike'
 
when I worked at a Cashconverters, it was two forms of ID.

And plenty of bike thieves don't mind showing genuine proof of id, because their short-term needs come 1st, and the police already know who they are.
The bike will probably never be recovered, and bike theft is hardly ever prosecuted anyway.
 
And plenty of bike thieves don't mind showing genuine proof of id, because their short-term needs come 1st, and the police already know who they are.
The bike will probably never be recovered, and bike theft is hardly ever prosecuted anyway.


Like I said, I worked in a cash converters for about 3 years, maybe you are are not reading things properly. There was ID required, there was also video cameras. The locals were well known to us and the police stopped by to check for stolen goods of all types on a regular basis. We didn't accept power tools without chargers,, kit missing remotes or obvious drops and damage etc etc

When you get down from that oh so pious high ground and join the normal world, life is what it is, there are people that slip through the net and dont have bank accounts and relied on pawning their goods for a few weeks for that bit of extra cash.

Sneer all you like, at the time a job was a job, I was a step up from claiming off the state or in a hostel. Managing to go from being homeless at 19 to working in Cambridge and within 3 years being able to buy my first house.

So in all seriousness, wind your neck in
 
Like I said, I worked in a cash converters for about 3 years, maybe you are are not reading things properly. There was ID required, there was also video cameras. The locals were well known to us and the police stopped by to check for stolen goods of all types on a regular basis. We didn't accept power tools without chargers,, kit missing remotes or obvious drops and damage etc etc

When you get down from that oh so pious high ground and join the normal world, life is what it is, there are people that slip through the net and dont have bank accounts and relied on pawning their goods for a few weeks for that bit of extra cash.

Sneer all you like, at the time a job was a job, I was a step up from claiming off the state or in a hostel. Managing to go from being homeless at 19 to working in Cambridge and within 3 years being able to buy my first house.

So in all seriousness, wind your neck in
Youve had a rough journey mate, more power to you for getting back into even ground
 
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