Transfer Fee Increase

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eOR said:
If you arrived at the 6.3% using the same math you used to come up with a $7.50/mile "standard cost of vehicle operation", you might want to have someone else check your figures.
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I arrived at that because that's what it is.

As far as the cost for vehicle operation you're clearly not taking the tire wear, oil consumption, fuel cost and rate of consumption, depreciation of the vehicle for every mile put on it and the other tangible, real world expenses and costs.
 
50 dollar transfer fee? heh. no thanks. that reminds me of the guy around here who tried to tell me he charges a 10% fee. i told him to have a nice day and went to the guy i've been with since. 20-25 is fair. it doesn't take long and it isn't a hassle.

50 bucks? heh. forget that. you dont do enough in the process to make it worth it for me. it doesn't matter what the gun is or how much it costs, that doesn't have anything to do with you. you aren't selling the gun or charging a premium based on the type of gun. you are providing a steady service of paperwork.
 
As far as the cost for vehicle operation you're clearly not taking the tire wear, oil consumption, fuel cost and rate of consumption, depreciation of the vehicle for every mile put on it and the other tangible, real world expenses and costs.
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So my 1999 F-250 Super Duty with 125,000 miles has cost

$937,590

to operate since it was new???

I assure you, with maintenance, tires, insurance, it did NOT cost me $8000+ to drive to Corpus Christi from Jacksonville..
 
Please explain how that $7.50 a mile is justified..

My parents own a trucking company. If we could GROSS $7.50 a mile loaded for a Semi, we would be doing VERY well. We get far less than that, and make a profit.

Please enlighten me as to how it costs $7.50 a mile to operate a normal personal conveyance.
 
payments per mile is generally around .45 cents, not anything in the dollars. that includes general vehicle wear as it is prescribed by the IRS for governmental use. while thats the gov ceiling as of last summer 06' for reimbursement, it's not far above that in overall costs. thats actually quite costly if you consider how quickly it adds up.

ETA:
anyone who says its 7.50 a mile is being delusional.
https://secureapp2.hqda.pentagon.mil/perdiem/faqmilea.html
The Internal Revenue Service (IRS) establishes a tax ceiling on reimbursement for travel by car. The General Services Administration (GSA) then sets the mileage reimbursement rate for Federal employees and uniformed members at or below that ceiling. Currently the $.445/mile rate is at the ceiling established by the IRS.
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I got paid $0.15 a mile to drive my vehicle on PCS orders. Yes, 15 CENTS a mile. And it covers expenses..

Heck, for $7.50 a mile, I can damn near drop off anything that will fit in the cabin anywhere you need it with a SH-60B. At cruise speed that works out to $3.00 a mile for fuel, and we are talking a large twin engine turbine powered helicopter..
 
Far too many "customers" take advantage of an FFL by abusing the ability to transfer out of courtesy.
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How is it taking advantage? I don't go to my gunstore for advice, buying help, or to fondle the guns. They are making $25 for a little time on paperwork. They can take it or leave it.
 
You're not taking a lot of factors into account.

I'm not here to give a lecture on economics, the tax code or anything else (but I might want to think about having a seminar for a few of you.)
 
The local gun shop where I just did a transfer charges $35 for new guns and $25 for used guns, plus $5 for NICS. There are some pawn shops that will do it for $25, but I know I can trust these guys and think that's worth the extra $10.
 
Most gun stores don't have that high of a mark up on their new inventory.

My store's markup runs right at 6.3%.

How do you keep the doors open with such a low margin on products.

BTW, if every in my area starts charging $50 per transfer, I'll spend the money for a FFL and incorporate into my business (margin here is 20%-30%cost me nothing but my time, overhead already figured in and charge $25 and get all the business here.
 
greenfurniture,

i dont know where the heck you're pulling this dream number of over seven dollars per mile on vehicle wear, but its crap.

http://www.aaapublicaffairs.com/Assets/Files/2006328123200.YourDrivingCosts2006.pdf

according the AAA the cost per mile of a large sedan with a low yearly total travel rate is still less than a dollar a mile. those numbers mesh pretty well with the pentagon's explanation of IRS costs so it seems like my numbers have some good backing to them.
 
I'm not personally bashing anyone,

But if someone told me it cost $7.50 a mile to operate my pickup truck, when that number is insane. Heck, even if I "paid" myself $100 per hour, and figured that into the cost per mile, it would not even be close.

And the same person told me it cost me ~$190 dollars to save ~$100 by getting a pistol transferred through a local FFL for less than $50, I would seriously question their accounting skills..


WHAT THE HECK MATH DID THEY TEACH YOU IN SCHOOL?

And how often do you get audited by the IRS?
 
KennethLew said:
How do you keep the doors open with such a low margin on products.
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Everything on the floor, including the floor have been paid for 100%. We finance nothing. We also deal in high volume, we are in the top 5 of dealers in the state. In addition we also offer several instructional courses, full line gunsmithing, custom coatings and finishing, an indoor range and we build custom weaponry for LEO/Gov't.

I started the company five years ago with $500 and a 19 year old rookie employee in an unmarked building on a side street of a small town. Business was good. Two years later we moved into the location of the oldest gun store in the area.

ciglon said:
greenfurniture,

i dont know where the heck you're pulling this dream number of over seven dollars per mile on vehicle wear, but its crap.

http://www.aaapublicaffairs.com/Asse...gCosts2006.pdf

according the AAA the cost per mile of a large sedan with a low yearly total travel rate is still less than a dollar a mile. those numbers mesh pretty well with the pentagon's explanation of IRS costs so it seems like my numbers have some good backing to them.
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Yes, yes, yes. I could pull up a number of links to support my case as well, but the basic fact is that many of them don't factor in many of the variable. My figure combines the true cost, which includes the average wage earned by those doing the driving, annual time spent driving and so on. It's quite easy to wrap your mind around it if you would only stop being so myopic.

Thumper723 said:
I'm not personally bashing anyone,

But if someone told me it cost $7.50 a mile to operate my pickup truck, when that number is insane. Heck, even if I "paid" myself $100 per hour, and figured that into the cost per mile, it would not even be close.

And the same person told me it cost me ~$190 dollars to save ~$100 by getting a pistol transferred through a local FFL for less than $50, I would seriously question their accounting skills..


WHAT THE HECK MATH DID THEY TEACH YOU IN SCHOOL?

And how often do you get audited by the IRS?
Click to expand...

This coming from the guy who claimed to make in excess of $450,000 a year and later backed down to $50k a year when confronted?

The cost to transfer your weapon, based upon the figures that YOU gave me proved my point that you actually LOST money on the transaction. This is nothing new and people do it every single day. My purpose it to educate these people so in the future they will have a gun store to buy from.
 
GreenFurniture, the man did not have one AR in stock. And even if he did im pretty sure he was not going to sell me the gun i bought for a couple hundred off of msrp along with the 1000 rounds of ammo i also got in the deal. The sad truth is i believe that alot of guns shops are pricing themselves out of business. Ive always believed in selling a higher quantity at a better value then a less quantity at a higher price. And when you provide excellent service, word spreads, and fast.

Speaking of which i would like to thanks Paul Phillips at mscfirearms.com. He helped me with my first purchase over the internet and was top notch to talk to and deal with. I highly recommend him for anybodies transaction needs in the northern Illinois area.
 
redranger1 said:
he sad truth is i believe that alot of guns shops are pricing themselves out of business. Ive always believed in selling a higher quantity at a better value then a less quantity at a higher price. And when you provide excellent service, word spreads, and fast.
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You are exactly right.
 
My question is why are the shops raising the transfer cost? The place i Used to deal with(I will no longer shop there), went up to $35 from $25. I just found a place for $15.

Are they trying to get rid of people doing the transfers or just trying to squeeze a some more money out of people. I am sure the cost of the transfer hasn't changed. I can see raising the cost if your costs go up. But is is worth losing loyal customers over.

Brion
 
The new gun business in East Tennessee is fairly competitive. I believe the 6.3% margin is probably correct on new guns. There are a number of stores that sell lots of guns and they do it with good customer service and moderate prices. I'm sure the margin is considerably higher on accessories since people don't scrutinize those prices so carefully.
 
So GreenFurniture, does the lack of integrity that you have exhibited here with your half-truths and misrepresentations extend to your business as well?



Thumper, don't waste any more of your time trying to have a rational discussion with GreenFurniture. Like the old saying goes: "Never argue with an idiot. They'll drag you down to their level and beat you with experience."
 
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