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FFL Transfer fee?
- Thread starter mr.steve
- Start date
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penguinship
Plinker
The problem with rk is that unless you're buying something like <$300, sales tax is probably going to end up being more than the transfer fee elsewhere ($25 in my example)
Why would LGS do transfers on the same guns they sell at a price less than the profit from the gun? I get it if it is a used or hard to find firearm for a customer. I can also see some FFL’s that exist to do transfers for profit. I just don’t get why anLGS would facilitate sales for the likes of Buds Guns?
Does a LGS know what they are getting in as a transfer before UPS or Fedex show with it?
I would not know as I have never been involved in any part of a transfer. I am trying to understand why from a business perspective, I just cannot see a logical business reason why any LGS would do them other than for good customers.
Probably can see mire reason for RK than most since their product spread is so great it can be a lost leader.
penguinship
Plinker
Better to get a smaller profit than potentially no profit. Also, they don't need to tie up money to buy inventory.
Nope. I can tell you with confidence that many an LGS gets the mail, open a box, and it has someone's old pea shooter in there with a crappy photocopy of a driver's license and some leftover Amazon packing materials. Some stranger following the tracking number will usually show up a few hours later and ask if you have their gun.
I fail to see how a $25 charge is enough for the work, record keeping, and liability. Certainly not in my value system. In a previous thread we discussed and laid out the legal steps to be followed by the FFL. For example, when the typical HVAC contractor wants $150-$200 to just show up at your house to diagnose your problem $25 bucks seems small to me.
bowhunter911
Plinker
a couple days ago i went to my LGS/FFL guy to pick something up, he told me his mark up on guns in the shop isn't much, and he would make around $20 profit selling me something he already had in stock in the shop, or make the same $20 for just doing the transfer, so it makes no difference to him if i buy something he has in stock or if i order something online and have it shipped to him.
How much were they 11 years ago?
It depends on the site. But some places have pre set up FFL dealer networks that have the fee listed.
Also some places have their own website listing the fees.
Then that is not a very good business if that is the case that he makes $20 on a gun. I have heard that kind of story for years but makes no business sense to me at all. I suspect LGS makes 20-35% on a sale depending on demand for specific items. That equates to $100 on a $500 gun. $20 on a $500 is 4%.
Then give me another opinion, that is the topic of discussion…
shootersix
Master
- Mar 10, 2009
- 4,315
- 113
When I worked at a shop, we got transfers that were mysteries! And we hated it!
At least a call from the buyer to let us know something was coming was better than a gun showing up without any information!
We actually had guns show up with nothing but the copy of the sellers ffl! No way to contact the buyer, we didn’t even know who the buyer was!…we had a guy call one time asking if we’d received his gun yet, we told him it’s been here two weeks!…he got mad, started cussing and asked “why the f*€* we didn’t call him!”…I asked “why the f*€* didn’t the seller didn’t give us any contact information” …he calmed down and apologized!
So my advice is, if you are going to have a gun transferred make sure the shop knows ones coming!
bowhunter911
Plinker
it is always busy when i go in there, and many new/different guns in stock every time i stop by, so he must go through a lot, im sure the gun business is just like every other business, very competitive, you have to beat the competitors prices in order to make money.
I think the idea is that if someone buys a gun, at near cost.. they will want ammo/accessories that may have more margin on them.
Some of the less scrupulous places will mag skim the extra mags sold with new guns. Then sell those separately.. pure profit on those. I am not going to out which places do that.. but its not any I know of in this thread
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