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Tax on cosignment?

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  • #16
    TrailerparkTrash
    Veteran Member
    • Oct 2005
    • 4249

    sigpic

    It`s funny to me to see how angry an atheist is over a God they don`t believe in.` -Jack Hibbs

    -ΙΧΘΥΣ <><

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    • #17
      Fizz
      Senior Member
      • Feb 2012
      • 1473

      It's where you leave your firearm for sale at an FFL. They display and advertise to for you and otherwise handle the sale. The seller gets a larger audience to potentially sell to, gets to go 'hands off' and the LGS gets a commission and doesn't have to pay for the inventory like they do with traditional inventory with markup. FFLs likely make more on consignment than their own inventory, but even if they didn't their only cost is some storage space.

      I've never bought a consigned gun, the prices are never much better than retail.

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      • #18
        kcheung2
        Veteran Member
        • Aug 2012
        • 4387

        Originally posted by TrailerparkTrash
        What’s “cosignment?”
        Originally posted by Fizz
        It's where you leave your firearm for sale at an FFL. They display and advertise to for you and otherwise handle the sale. The seller gets a larger audience to potentially sell to, gets to go 'hands off' and the LGS gets a commission and doesn't have to pay for the inventory like they do with traditional inventory with markup. FFLs likely make more on consignment than their own inventory, but even if they didn't their only cost is some storage space.

        I've never bought a consigned gun, the prices are never much better than retail.
        If you look up, you just might be able to see the cotrails contrails of that joke as it's flying overhead.
        ---------------------
        "There is no "best." If there was, everyone here would own that one, and no other." - DSB

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        • #19
          Fizz
          Senior Member
          • Feb 2012
          • 1473

          Originally posted by kcheung2
          If you look up, you just might be able to see the cotrails contrails of that joke as it's flying overhead.
          I gave him the benefit of the doubt that the point wasn't a pedantic criticism of a clear, obvious and understandable typo...

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