Quick question regarding private sales / transfers

[StoneRoots]

Do you pay at the time of paperwork, or do you pay when you pick it up? I only ask because if you pay first and for some reason are denied, what recorse would you have to get your money back?

Thank you. -SR

[old45guy]

You pay at the time of paperwork. If you think you are going to get denied you shouldnt be buying a gun to begin with

[punisheryayarea]

most store have a restocking fee it can be 40-60% somtimes

[StoneRoots]

I have no fear that i will be denied. I just purchased a Ruger GP100 last month with no problem. I just have never completed a private party transfer. Thank you for the help. -SR

[halifax]

Do you pay at the time of paperwork, or do you pay when you pick it up? I only ask because if you pay first and for some reason are denied, what recorse would you have to get your money back?

If you are talking about the money you pay to the FFL for the paperwork and DROS, I really doubt there is any recourse for getting your money back. The $25 DROS fee is not recoverable. The dealer fee may be negotiable but good luck with that.

[StoneRoots]

If you are talking about the money you pay to the FFL for the paperwork and DROS, I really doubt there is any recourse for getting your money back. The $25 DROS fee is not recoverable. The dealer fee may be negotiable but good luck with that.

Im speaking in regards to payment of firearm. Do you pay at paperwork, or at pick up after the 10-day waiting period?

For example, if I were to purchase a $900 handgun through a private party and pay for it during paperwork, than what recourse is there for me if for some reason I am denied?

[StoneRoots]

Also, how do you add reputation to another member via completing a sale?

Thank you. -SR

[MiguelS]

You pay for your firearm before to the seller.

You pay for $10 (dealer fee) and $25 (DROS) at the time of the paperwork.
If denied, you lose the DROS and will have to another $25. I am not sure of the $10, that is a good question to ask the dealer.

If you get denied, what happens to the money you paid for the gun? As a seller, why would it be his issue, you cannot get a firearm. Can anyone answer that? But then again, I would just give you back the money and post on iTrader that could not complete deal due to denial.

As for the iTrader. Go to the sale thread, then on the right side of the first post, you will see "iTrader X/YY%". Click on the X and then a new window will pop up and there is a link to leave feedback.

[Sig357]

Also, how do you add reputation to another member via completing a sale?

Thank you. -SR

Click on the members "Itrader". (See top right corner of this box) Then click on "submit feedback"

[ke6guj]

Im speaking in regards to payment of firearm. Do you pay at paperwork, or at pick up after the 10-day waiting period?

For example, if I were to purchase a $900 handgun through a private party and pay for it during paperwork, than what recourse is there for me if for some reason I am denied?

If I sell you a gun PPT, I'm getting my money before I do the paperwork with the FFL. If you get denied, its not the seller's problem. The seller might be willing to allow you to back out of the deal, but would need to be compensated for the time and hassle. Plus it would need to be DROSed back to the seller, adding another 10-days to the seller's hassle.

[MiguelS]

If I sell you a gun PPT, I'm getting my money before I do the paperwork with the FFL. If you get denied, its not the seller's problem. The seller might be willing to allow you to back out of the deal, but would need to be compensated for the time and hassle. Plus it would need to be DROSed back to the seller, adding another 10-days to the seller's hassle.

What is your re-stocking fee?

[ke6guj]

30%

[nn3453]

Im speaking in regards to payment of firearm. Do you pay at paperwork, or at pick up after the 10-day waiting period?

For example, if I were to purchase a $900 handgun through a private party and pay for it during paperwork, than what recourse is there for me if for some reason I am denied?

None. You shouldn't try to do a transfer if you are likely to be denied. There is a way to figure out ahead of time if you will be denied. I don't remember the process, but there is a form for this. It is not the seller's fault for selling a gun to someone who's failing a background. Don't make it his problem.

I doubt any sane person would allow you to DROS a gun without cash in hand. No dealer will do this either if it were a new gun. When you do the paperwork, you are the owner. You may not be able to take possession but that's a whole other can of worms. Ask any dealer what he thinks about paying after the 10 day wait. Chances are he will tell you to find another gun store.

Hope that helps.

[pogo]

Im speaking in regards to payment of firearm. Do you pay at paperwork, or at pick up after the 10-day waiting period?

For example, if I were to purchase a $900 handgun through a private party and pay for it during paperwork, than what recourse is there for me if for some reason I am denied?

Hi, you got some good answers from the Calcrowd about what to do if you are denied, I've always paid for and have been paid for guns when the paperwork starts.

Or are you asking about when to pay the $900 to the seller because you're concerned that the private party's gun itself will be flagged as questionable during the search and waiting period and you won't be able to take possession? I've never heard of or had a problem in that regard.

[Noel]