Defensive Carry banner

1 - 20 of 24 Posts

·
Registered
Joined
·
28 Posts
Discussion Starter #1
I'm new to the gun world and only have one right now. But before I have a small arsenal, I want to know what are the best ways to sell them to other good guys, if I needed to. A bill of sale, copy of drivers license, check for CCP, etc, what are the steps that need to be followed besides just collecting a wad of cash?
 

·
Registered
Joined
·
335 Posts
Nothing is required for a personal sale of a firearm. If it makes you feel better, you can create a bill of sale and include the personal information of the buyer.
 

·
Registered
Joined
·
46 Posts
I just sold my Kahr 40 to a local city cop...I made up 2 bill of sales ...put my name/address/phone/date

then I put his name/address/phone/date...

we both signed it and then he got a copy...I got a copy....done...

Steve
 

·
Registered
Joined
·
145 Posts
I don't know if this answers your question adequately or not -
It always seemed to me that playing it safe was worth maybe losing a few buck on a sale, so when I decided to sell my FNP40 and buy a Beretta, I just traded it in at an FFL. Easy transaction, clean, if the next owner has any problems it's Gander Mt's problem, etc. I feel I got a fair price from them, and like I say it was easy.
 

·
Banned
Joined
·
13,684 Posts
Specific web forums such as this one usually have a B/S/T forum. Many place ads in the local newspaper classifieds (I've done this a time or two). There are a few free sites for classifieds firearm listings such as this one: Gun Classifieds | Free Local Used and New Gun Classified Listings. Pistols, Rifles, Shotguns, Antique and Collectible Guns, and Gun Accessories. - gunlistings.org
You could always rent a table at a local gun show for $40-$50. Some local gun dealers around here will let you sell on consignment as well. Many opportunities. Private sales are still legal in most places.
 

·
Registered
Joined
·
28 Posts
Discussion Starter #6
I don't know if this answers your question adequately or not -
It always seemed to me that playing it safe was worth maybe losing a few buck on a sale, so when I decided to sell my FNP40 and buy a Beretta, I just traded it in at an FFL. Easy transaction, clean, if the next owner has any problems it's Gander Mt's problem, etc. I feel I got a fair price from them, and like I say it was easy.
I like that option, but how much do you "eat it" on trade in value? It seems that in person to person transactions you get most of your money back on the sale. At least by thats what I see when I look at classifieds, if they really do sell at those prices.
 

·
Registered
Joined
·
304 Posts
As the seller you have nothing to worry about. You get a check or paypal from the guy, cash it, hand over the firearm. The buyer has more to worry about as he hands over the money first. Selling is cake.

Most of my buyers are C&R, so I have a copy of their license on hand from the transaction. If it wasn't required I wouldn't even ask for that on a sale.
 

·
Registered
Joined
·
387 Posts
I ask to see a FL driver license and CWL if offering a handgun. OK, that reduces the number of potential buyers but assures me I have a sale to a resident over 21 and to someone less likely to misuse it. ... or I take the loss at a dealer.

Problem with a dealer is I generally wind up trading up rather than selling.

Long guns? I haven't asked for anything yet, but I haven't had offers from anyone without gray hair. An age check (driver license) would be a good idea if you hang with a younger crowd.
 

·
Registered
Joined
·
146 Posts
In a face-to-face sale, I'd document the sale with a bill of sale as noted earlier, with both peoples' name and contact information. If you sell on a website auction or WTS forum on a site like this one, then the gun will have to go to be shipped to an FFL. In that case you'll have a copy of the FFL you sent it to and he'll have to do the paper work on the other end for the transfer. So you'd have a paper trail there also. The downside is the high cost of shipping it overnight and the auction fees, if any.

The easiest way is to trade it or just sell it outright to a reputable dealer. Gander Mountain was mentioned previously. I have sold directly to them on a couple occasions. They calculated what they could sell it for, then gave me 70% of that figure. You take a decent sized hit there. But you also aren't paying the $60 or so dollars to ship it somewhere either.

Depending on what you sell, you kind of have to weigh all that out and decide which way makes most sense. No matter how you do it, I'd get a paper trail to cover yourself should the gun ever show up in a crime scene.
 

·
Registered
Joined
·
1,010 Posts
Some good advice in here, but honestly, I've only ever sold one gun, and regretted it ever since.
 

·
Registered
Joined
·
43 Posts
Guns are for buying not selling!!! I, like cj above, have only sold one gun and have regretted ever since.
MN
 

·
Registered
Joined
·
241 Posts
Why sell them? You don't have to feed them. They don't cost anything sitting the safe when not in use.
 

·
Registered
Joined
·
2,470 Posts
I would make a duplicate bill of sale. One for him and one for me.
Check his ID.
Do the exchange in a public place for your protection. (not your house.)
 

·
Registered
Joined
·
2,206 Posts
I make up two bills of sale, one for each of us. I get a copy their driver's license. I get a copy of their carry permit or in MN we also have what is called a "Permit to Purchase a Handgun". This will show a background check was performed and they passed. I do not sell to anyone that does not have these forms or permits.
 

·
Registered
Joined
·
1,165 Posts
Nothing is required for a personal sale of a firearm. If it makes you feel better, you can create a bill of sale and include the personal information of the buyer.
Not so in NC with handguns. Buyer has to have a permit from his local sheriff or be in possesion of a valid NC CCL. Make 2 copies of it and his DL and KEEP a copy of them for your records.
 

·
Registered
Joined
·
1,298 Posts
The easiest way is to trade it or just sell it outright to a reputable dealer. Gander Mountain was mentioned previously. I have sold directly to them on a couple occasions. They calculated what they could sell it for, then gave me 70% of that figure.
The Gander by me say's, depending on the firearm, they will give 70%-85% of what they can sell it for. While personally I doubt they will go as high as 85%, I did get 75% on the one and only I sold to them and if you want/need a quick sale it isn't a bad way to go.

By the way, (not surprisingly) what they offered was by far higher then any of the mom n pop operations around me would have paid.
 

·
Registered
Joined
·
752 Posts
I just sold my Kahr 40 to a local city cop...I made up 2 bill of sales ...put my name/address/phone/date

then I put his name/address/phone/date...

we both signed it and then he got a copy...I got a copy....done...

Steve
I sold a firearm about 2yrs. ago and did the exact same thing. You had better cover yourself because if the person you sell your gun to goes out and commits a crime you had better be able to prove that the gun was not under your control, but thats just me.
 

·
Super Moderator
Joined
·
50,603 Posts
When I sell guns or vehicles, I make copies of both DL's, the buyers CCW (if he has one for a gun purchase), both sign it...file!
Avoid selling to dirtbags (having a CCW permit for guns helps).
 

·
Registered
Joined
·
1,121 Posts
I have purchased quite a few guns from my local store so he has always been fair with me. If I have a popular gun to sell I will use the consignment system where I set the price and the dealer gets 18%. That is not a bad deal since you then create a "credit" with the dealer similar to a car trade in and save the sale tax on that amount for your next gun.

I have always managed to sell in a reasonable amount of time. I usually only sell when I decide I need a new gun and am not 100% happy with that one. Just make sure that the store has serious foot traffic and the owner will push your products since he knows his next sale is moments after he sells yours.
 
1 - 20 of 24 Posts
Top