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Joined: Jun 2005
Posts: 13,234
Campfire Outfitter
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OP
Campfire Outfitter
Joined: Jun 2005
Posts: 13,234 |
Say you had some guns you wanted to offload. Nothing special or collectible.
If you wanted to go through your LGS, what have you guys had the best experience with?
Consigning or selling outright to the LGS?
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Joined: Jul 2007
Posts: 2,052
Campfire Regular
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Campfire Regular
Joined: Jul 2007
Posts: 2,052 |
Sell them here in the classifieds and don't pay 20% commission or get 60% value at the LGS.
"Social order at the expense of Liberty is hardly a bargain” de Sade
"He who'll not reason is a Bigot, he who cannot is a Fool, and he who dares not is a Slave."SirWilliamDrummond
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Joined: Oct 2004
Posts: 4,192
Campfire Tracker
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Campfire Tracker
Joined: Oct 2004
Posts: 4,192 |
Sell them here in the classifieds and don't pay 20% commission or get 60% value at the LGS. Yep.
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Joined: Jun 2020
Posts: 10,166
Campfire Outfitter
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Campfire Outfitter
Joined: Jun 2020
Posts: 10,166 |
If you’re not interested in selling them yourself. Consignment by a long shot over just selling them direct to a LGS.
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Joined: May 2016
Posts: 60,437 Likes: 12
Campfire Kahuna
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Campfire Kahuna
Joined: May 2016
Posts: 60,437 Likes: 12 |
You could sell them to your friends or their kids.
I wouldn't prick around with some LGS or gunbroker.
I am MAGA.
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Joined: Dec 2005
Posts: 10,285 Likes: 1
Campfire Outfitter
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Campfire Outfitter
Joined: Dec 2005
Posts: 10,285 Likes: 1 |
If you're going to take 20-25% off the sell price, take it to a GunShow ...............
MY LGS will drop $80K buying people out, I helped him unload his pickup after one of those deals, back seat was full, and the bed had them stacked in like cord wood...
He would likely take one of mine on consignment, or co-insignment for the grammatically challenged, but he has more 'work' in a consignment gun and a LOT less money coming out, than one that he owns....
YMMV
"...A man's rights rest in three boxes: the ballot box, the jury box and the cartridge box..." Frederick Douglass, 1867
( . Y . )
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Joined: Jan 2012
Posts: 45,029 Likes: 25
Campfire 'Bwana
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Campfire 'Bwana
Joined: Jan 2012
Posts: 45,029 Likes: 25 |
Sell them here in the classifieds and don't pay 20% commission or get 60% value at the LGS. Yep. 👍
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Joined: Nov 2008
Posts: 8,662
Campfire Outfitter
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Campfire Outfitter
Joined: Nov 2008
Posts: 8,662 |
Swifty
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Joined: Jun 2005
Posts: 13,234
Campfire Outfitter
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OP
Campfire Outfitter
Joined: Jun 2005
Posts: 13,234 |
Okay, we've got one vote in favor of consignment, one in favor of selling outright and everybody else preferred not to answer the question.
Thanks, guys.
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Joined: May 2011
Posts: 4,918
Campfire Tracker
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Campfire Tracker
Joined: May 2011
Posts: 4,918 |
IF one of the two, consignment by a landslide
guns to me are like legal crack
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Joined: Oct 2004
Posts: 26,562 Likes: 17
Campfire Ranger
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Campfire Ranger
Joined: Oct 2004
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Joined: Jun 2020
Posts: 10,166
Campfire Outfitter
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Campfire Outfitter
Joined: Jun 2020
Posts: 10,166 |
Sell them here in the classifieds and don't pay 20% commission or get 60% value at the LGS. Yep. This right here answers your question. 15%-20% consignment fee and dealer pays for the ads and shipping. It’s the easy button and the way to go IMO.
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Joined: Dec 2005
Posts: 10,285 Likes: 1
Campfire Outfitter
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Campfire Outfitter
Joined: Dec 2005
Posts: 10,285 Likes: 1 |
OK....
To get the most money, maybe, consignment...
Be aware, it's a 'Transfer' onto his books.... if, for some reason they don't sell, or you want them back it's also a Transfer and background check back to you....
"...A man's rights rest in three boxes: the ballot box, the jury box and the cartridge box..." Frederick Douglass, 1867
( . Y . )
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Joined: Feb 2009
Posts: 10,953 Likes: 4
Campfire Outfitter
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Campfire Outfitter
Joined: Feb 2009
Posts: 10,953 Likes: 4 |
OK....
To get the most money, maybe, consignment...
Be aware, it's a 'Transfer' onto his books.... if, for some reason they don't sell, or you want them back it's also a Transfer and background check back to you.... yep. I've "bought" the same gun 3 times now because it didn't sell on consignment, Which is pure BS in my opinion.
They say everything happens for a reason.
For me that reason is usually because I've made some bad decisions that I need to pay for.
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Joined: Jun 2020
Posts: 10,166
Campfire Outfitter
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Campfire Outfitter
Joined: Jun 2020
Posts: 10,166 |
Typically the dealer ask for a number of days for him to sell them on consignment and the seller agrees to a specified number. The dealer prices accordingly or starts at a penny bid with a given number of days until the closing bid. Buying them back if I didn’t want them to begin with wouldn’t be a concern. The dealer is motivated to sell them to make his commission.
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Joined: Feb 2001
Posts: 50,634
Campfire Kahuna
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Campfire Kahuna
Joined: Feb 2001
Posts: 50,634 |
OK....
To get the most money, maybe, consignment...
Be aware, it's a 'Transfer' onto his books.... if, for some reason they don't sell, or you want them back it's also a Transfer and background check back to you.... That varies by state.
Mark Begich, Joaquin Jackson, and Heller resistance... Three huge reasons to worry about the NRA.
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Joined: Aug 2007
Posts: 115,424 Likes: 13
Campfire Sage
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Campfire Sage
Joined: Aug 2007
Posts: 115,424 Likes: 13 |
If you have to ask, you’re gonna take it in the ass.
Sorry.
Trump being classless,tasteless and clueless as usual. Sorry, trump is a no tax payin pile of shiit. My young wife decided to play the field and had moved several dudes into my house
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Joined: Feb 2007
Posts: 11,774
Campfire Outfitter
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Campfire Outfitter
Joined: Feb 2007
Posts: 11,774 |
Different terms at different LGSs. The one I use, better off consigning,if you are not in a hurry to sell. Having said that, you need to be reasonable about the price you set for the consignment. At my LGS, the seller sets the price, likely with input from the LGS. Then the LGS adds $50 or so, depending on the value of the gun. That’s his commission. He does quite a bit of consignment.
Last edited by dale06; 10/28/22.
NRA Patron
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Campfire 'Bwana
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Campfire 'Bwana
Joined: Aug 2003
Posts: 39,117 Likes: 23 |
The LGS's by me - don't think I've ever seen a consignment so I don't think they take them.
Me
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Joined: Mar 2012
Posts: 1,147
Campfire Regular
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Campfire Regular
Joined: Mar 2012
Posts: 1,147 |
Consignment is a bonus for the shop. It allows them to display inventory without any capital investment.
If you sell to the shop outright, you will do good to get half the fair market value. Most shops, but not all.
I bought and sold used guns for a Pawnshop for three years. I'm not guessing at this.
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