How to transact money During PPT/FFL

[gothtac]

I can't find this anywhere on the boards, could be I'm just missing it... if so apologies.

The question for the folks doing this a bit. How do you successfully transact funds for something like a person to person live PPT ? Steps would be helpful.

1. DO the FFL handover
2. Check an ID (CA says to do this i think)
3. SIgh a receipt, write what happens if DROS rejects, etc...
4. GIve all the money right then up front and go separate ways.

Do you do partial amounts?
Do you do checks or cash ?
Is it cool to have someone at the FFL / gun shop inspect the gun before you move forward?

sorry, but I have just not done one of these.

thnx

[kemasa]

Normally, the people meet, the buyer inspects the firearm and if it is acceptable, they go to the FFL and the seller gets the money. Some FFLs get weird about the money and where the firearm gets inspected, but I don't get why, so ask the FFL.

The seller has to sign the DROS at the start.

Any other details can be arranged.

[CSACANNONEER]

I meet at a FFL, hand the seller cash outside the store, walk in and do a PPT. Sometimes I hand cash while in the store. Hell, I've been know to paypal the total to a calgunner I had never met a month prior to even setting up a date to do a PPT. He held the firearms until he made a 6 hour trip down here to do the PPT. It really depends on how you want to do it. Of course, don't even suggest something stupid like paying part now and part after pick up.

[71MUSTY]

I meet at a FFL, hand the seller cash outside the store, walk in and do a PPT. Sometimes I hand cash while in the store. Hell, I've been know to paypal the total to a calgunner I had never met a month prior to even setting up a date to do a PPT. He held the firearms until he made a 6 hour trip down here to do the PPT. It really depends on how you want to do it. Of course, don't even suggest something stupid like paying part now and part after pick up.

^^I have done this.

But usually we meet at the LGS (Avoid big chains with stupid rules when possible) Inform Employee we are doing a PPT.

Make sure you have all your needed documents ready in advance.

I inspect the weapon (not with a microscope) and tell the LGS to start PPT.
I then hand the seller his cash in an envelope so he can inspect (count) it if he wishes and make a joke "Be careful, the ink is still wet". Or "Here's your roses"
Most chuckle, only one guy looked like he wanted to hit me.

LGS does the paperwork and we leave.

QED.

[Mayor McRifle]

I meet at a FFL, hand the seller cash outside the store, walk in and do a PPT. Sometimes I hand cash while in the store.

[71MUSTY]

Exactly. OP, it doesn’t have to be complicated. But I do put the cash in an envelope. The coolest sellers take the envelope and put it in their pocket without counting it.

^^TRUE^^^One called me later to tell me I overpaid his $15.00 (I didn't have change). I said have beer or two on me. His rifle (now mine) was so BAAAD it was worth it.

[SkyHawk]

Cash in hand before any paperwork gets started. And I like to have my sellers count it, because if there is any question as to the count of bills I want it addressed and resolved right then, and not later. So I ask them to count it.

Most FFLs are OK with cash changing hands in the store, but some are not so you need to handle it outside.

[Tyke8319]

Exactly. The coolest sellers take the envelope and put it in their pocket without counting it.

With all due respect, please do not come into my store and tell me you want to buy that rifle on the shelf, hand me an envelope and not expect me to examine and count it.

Can you imagine a car dealer doing that...??

Just doesn't make sense...

And, honesty has nothing to with it. Mistakes happen.

[gimmejr]

With all due respect, please do not come into my store and tell me you want to buy that rifle on the shelf, hand me an envelope and not expect me to examine and count it.

Can you imagine a car dealer doing that...??

Just doesn't make sense...

And, honesty has nothing to with it. Mistakes happen.

Some people dont get sarcasm.

Sent from my SM-G900P using Tapatalk

[71MUSTY]

With all due respect, please do not come into my store and tell me you want to buy that rifle on the shelf, hand me an envelope and not expect me to examine and count it.

Can you imagine a car dealer doing that...??

Just doesn't make sense...

And, honesty has nothing to with it. Mistakes happen.

We were talking about PPT's Not retailers.

[kemasa]

Communication in a text based medium often has problems.

[Chewy65]

I would suggest first determining whether or not the chosen FFL delivers should the buyer end up an undetermined. Also, will the FFL return the firearm to the seller should the buyer's application be denied, if the seller 's status goes to undetermined.

[condor]

I've done quite a few PPT's, and my method is to inspect the gun and agree on a price with the seller. We then go into the store and do the PPT. After we are out of the store I hand the seller the money. It's my understanding that if money changes hands in the store it's considered an in-store transaction, and a whole 'nother set of rules apply. I pay in cash and count it right then. That way money hadn't changed hands and the PPT went south for some reason or another...

I also ask for the sellers DL#and a simple receipt. I sold to________ for __$____ 1ea. S/N______ MAKE____________ Model________

Seller Signs and dates it.

I've never had anyone complain, and it gives me a little evidence of the cash transaction...

[Cokebottle]

Of course, don't even suggest something stupid like paying part now and part after pick up.

This.

It's not the seller's problem if you can't pass background.
Don't *expect* the seller to give you a refund if you don't clear BG.

[Cokebottle]

It's my understanding that if money changes hands in the store it's considered an in-store transaction, and a whole 'nother set of rules apply.

Nope. That's a made-up policy from the FFL, there is no legal basis for it.