NFA Transfer Etiquette Question

booger

October 09, 2003 10:53

Transfering NFA weapons is a rather delicate matter often involving thousands of dollars so the jist of the question is what's normally the amount sent to the seller?

Do you send half plus transfer fee to get it started then the other half upon the green light or paid fully plus fee then wait. Seems to be a leap of faith on both ends no matter how you slice it. As a buyer I'd hate to send the full price to someone, then patiently wait months while it's still not mine. As a seller though, the shoe would be on the other foot.

A negotiable item or set in stone?

Them ducks is wary.

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  nmyers

  October 09, 2003 11:48

  You have a rare perception of the problems that both buyer & seller have.
  
  There are no hard-and-fast rules; while some may call it a negotiated agreement, in this sellers market, the seller will usually be the one who determines how much money is paid up front. I think that the majority of sellers request full payment up front; after all, it could take 6 month, & still be denied.
  
  If you are worried about the money, then you need a different hobby. NFA weapons are toys -VERY expensive toys - but still, they are just toys. While it's true that they have appreciated a great deal in the last 15 years, they should not be considered an investment; a legislative ban (not that far-fetched) could wipe out your investment in a heart beat. If you haven't satisfied all of your financial obligations, spending money on a machine gun is a poor choice.
  
  Neal
  
  "Expensive fun isn't always fun, but it's always expensive."

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  Spring Creek

  October 09, 2003 12:52

  Anything other than "full" payment will depend upon your relationship
  with your Class III dealer.
  My first purchase (Uzi SMG and Suppressor) required full payment.
  After only "42 days", I was the "proud" owner.
  Subsequently, since my dealer knows me better and numerous purchases;
  a down payment will suffice.
  Class III owners in a particular area tend to be a fairly "close knit"
  group and honesty and integrity is expected!

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  booger

  October 10, 2003 19:14

  Where'd my post go? Page two already, thanks for responding guys. boog
  
  Them ducks is wary.

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