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Gun leasing: Would you do it?

Discussion in 'General Gun Discussions' started by DMK, Aug 5, 2007.

?

Would you lease a gun?

  1. Sure, I'd do it

    19 vote(s)
    14.7%
  2. No, I prefer to own my gun

    110 vote(s)
    85.3%
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  1. DMK

    DMK Member

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    What if gun companies offered leasing like they have for cars. You go to your gunshop, pick out your gun, and take it home. You can carry it, shoot it, compete with it, hunt with it, keep it in your home for SD, or whatever. However, you can not modify it or do anything to it except clean it. (Accessories and optics available and included at time of lease)

    If there is anything wrong with it (excluding abuse), they will fix it or replace it at no additional cost.

    At the end of a period (let's say a one year or a certain number of rounds whichever comes first) you turn the gun back it and do it all over again with another.

    Would you do it?
     
  2. fletcher

    fletcher Member

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    I'd much rather own my gun (and anything else in my possession) outright. So, no, I wouldn't do that.
     
  3. CajunBass

    CajunBass Member

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    I'd say it would depend on how much they wanted for a lease. Let's face it most guns are relatively inexpensive. How much would you pay to use one for (example) a year, vs owning it for as long as you wanted?
     
  4. JP from Phoenix

    JP from Phoenix Member

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    I think it would be a good idea short term for a couple of months to try things out but the way guns depreciate it would probably be a bad deal for everyone just like leasing pretty much anything
     
  5. Blackbeard

    Blackbeard Member

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    Leasing doesn't get me grandfathered in against bans, so I'll own.
     
  6. fastbolt

    fastbolt Member

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    I know of one major manufacturer who was considering such a program, if not offering it, to LE agencies.

    The basic idea was to lease the weapons for a specific number of years, and then the agencies would have the option of either exchanging them for new models, renewing the lease, or else buy them at a significantly depreciated rate.

    Interesting idea for LE weapons procurement.
     
  7. lee n. field

    lee n. field Member

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    That's what warranties are for.

    A gun won't get clapped out under normal use withing a few years like a car would. I expect to keep my current guns for the rest of my life.
     
  8. SG Merc

    SG Merc Member

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    I'm kinda feeling the same way CajunBass does. Guns aren't that expensive and a leasing program would have to be pretty inexpensive for it to be a benefit to the borrower.

    Plus you'd be opening yourself to the position of allowing a company to demand the return of all the guns they own at their (or the government's) leisure.

    The way I see it: Guns that are in private hands should be personal property, and not owned by a company or the state.
     
  9. jeepmor

    jeepmor Member

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    oops, double tap.
     
  10. jeepmor

    jeepmor Member

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    If you could lease them for say, a month or so to hurl enough lead downrange to get a good feel for it, then yes, I'd consider it.

    For a year, no. I won't even lease a car because ownership has it's privileges, leasing means you have to treat everything like an egg. I'm hard on eggs.

    I do think it's a great idea for LE agencies. Having a manufacturer take care of the service is usually a good deal. Unless of course, it's a car, then no, dealerships notoriously have the worst mechanics. On that note, well, maybe I should rescind the manufacturer statement.:scrutiny:
     
  11. tinygnat219

    tinygnat219 Member

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    I hate throwing away money on something like a lease. At the end of the period, you don't own anything. Purchasing is MUCH better. I don't lease cars, places to live, or anything else.

    Monthly payments to pay off a loan are a pain, but at the end of the loan, you have something.
     
  12. Technosavant

    Technosavant Member

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    Leasing is really only a good idea for those who prefer to swap cars pretty often, but it doesn't take much for that to be a bad financial decision (too many miles, one idiot with a slurpee in the backseat, etc.). You're pretty much just paying depreciation, maybe a touch more.

    However, the situation you seem to be describing isn't a good leasing example- most guns won't depreciate significantly unless your round count gets to the point of wearing it out (sure used guns are worth less initially, but if the model range get significant changes, you can actually make money with them). The monthly fee would have to be incredibly low, lest you end up in a "rent to own" arrangement- where you end up renting it and slowly building up equity, but by the time you own it, you've paid 5x the actual original value.

    There are other issues to work out- what if you have to use it for SD and the police keep it for extended periods as evidence? This would muddy the ownership waters.

    Layaway makes more sense, especially when you can get a quality used gun for a couple hundred bucks. No point in leasing something that inexpensive.
     
  13. fastbolt

    fastbolt Member

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    I also can't see any relative benefit in ordinary folks leasing firearms.

    First, they're still owned by someone else. That raises some interesting potential issues.

    Second, there would likely be some manufacturers' provisions regarding prohibited/unapproved modifications, as well as potential monetary costs for 'excessive' wear, or perhaps the use of ammunition other than approved new/factory ammunition in the leased firearm.

    I expect many individual, private owners wouldn't desire to be restricted to only using their firearms in the 'box-stock' condition ... much in the way many LE agencies impose such things upon their folks using issued weapons. ;)

    Maybe it might be different if we were talking about a really high-end, big game hunting rifle, or shotgun ... or perhaps specially produced and modified competition pistols. Factory Custom Shop/Performance Center support and attention might be attactive for some competition-minded folks. Dunno.

    Doesn't interest me, though. Aside from having issued weapons to withstand the daily rigors of work/duty activities, I also prefer to own my firearms.
     
  14. alucard0822

    alucard0822 Member

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    For LE, or security forces, it would probably be a good idea, they basically would pay a monthly fee for weapons to use, and basically send broken ones in to be exchanged for refurbished ones. This high volume lease is similar to how companies would lease cars and sevice contracts for travelling sales men and women. Leasing a pistol or two to many individuals, like vehicle leases of this type has fairly high liability, and the leasee would pay for it as "insurance" against abuse, and defaults to the contract, as the leasing party has actual "ownership"of the firearm. To make it profitable, the entire cost of the gun would probably have to be paid thrugh lease payments in a fairly short ammount of time (1-2 years), with a down payment or security deposit to cover the loss in value between a NIB and "average condition used" gun, and reaquisition costs. To top it off you would probably be required to shoot only new manufactured ammo, and would be charged for any "neglect, excessive wear or abuse". For the average joe, renting a gun at the range for $5-$10 that you may be interested in is probably a better way of going about it, if you don't have the money right then and there, then perhaps buying with a credit card, and paying the bank back is a better way.
     
  15. The Deer Hunter

    The Deer Hunter Member

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    The "thing" behind leases are the fact that cars break down. My guns don't, and you can sure as heck bet I wouldn't ever decide to use one that does.
     
  16. iamkris

    iamkris Member

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    I see this as a viable program for those that don't become "attached" to their weapons.

    LE, Security, etc. fall into that category.

    A few shooters do too...potentially competitors that are high use, low sentimental value to their choices. This is a small segment, however.

    A very few shooters may be high turn kinda folks...I'll bet that is a relatively small percentage.

    If you are wanting to focus on non-LE type customers, the most viable biz models/use cases I see are

    1) Try-before-you-buy type people -- for the person that is not sure they'll like the gun but want to get more time with it than range rentals can provide -- an "option to buy" may be viable here

    2) New shooter programs - not sure if they'll like shooting and guns at all...low commitment for them -- an "option to buy" may be viable here

    3) Don't have the money to buy lots of guns but want to play with a lot -- not crazy about this group

    That's how I see it...and I voted "NO" to the poll
     
  17. fastbolt

    fastbolt Member

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    Dunno about that.

    I can certainly appreciate your sentiment, however.

    Without trying to contradict your opinion and observation, I'd offer that when you're considering a fair number of similar make/model firearms, especially handguns, being in use by a cross section of different users, then it's not exactly unknown for mechanical issues to occasionally develop. Especially when you're talking about 100, 500, 2,500, 10,000 or more of them ... and especially when you're considering the wide range of owners/users which may be using them.

    While a knowledgeable and experienced individual owner (or user), taking proper care of a firearm, may never experience such an issue, such issues may still sometimes occur ... and may more likely occur when less knowledgeable, experienced or prudent folks start using such firearms, which are just mechanical devices, after all.

    Pick a brand/model/caliber of pistol in common service use by LE agencies and you can find examples of parts breakage, wear, etc., .etc. Things happen. That's one of the reasons most major manufacturers who do a lot of LE/Gov business have developed armorer training/certification programs and support. ;)
     
  18. goings_51

    goings_51 Member

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    I could see a market for say a 6 month lease program with tiers. You could trade within tiers as often as you want. For example: Tier 1 - $500 or less, Tier 2 - $501-$750, and so on.

    You pay a fee, say 10% of the purchase price, for the top end of your tier. You take 1 gun to try out, take it home, clean it, carry it, etc. If you don't like it, try another. At the end of six months, hopefully, you know what you really want. It would be a lot cheaper than having to buy something to find out if you like it or not. Also, with renting you don't get to clean t or carry it. It may also work out to be cheaper for those that like to shoot a lot of different types of guns as well.

    In any case, I can't see anyone actually doing this because of liability concearns.
     
  19. VARifleman

    VARifleman Member

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    No, for the same reason I won't lease a car...modification restrictions. I like the gun/car to work for me, not for who the designer thinks I am. I just chopped a bit off my shotgun stock and threw on a new buttpad. I like magwells on 1911s. I like my rifle stock that's been molded with pocket knives, files, and sandpaper. I like my MGW shifter. I like my big brakes. I don't believe in "well enough", it either works for you or it doesn't.
     
  20. FuzzyBunny

    FuzzyBunny Member

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    I would like to rent a full auto for a month or so.

    A corporation could do that with out much problem.

    FuzzyBunny
     
  21. arcticap

    arcticap Member

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    The only problem that I have with the idea is the name of the "transfer" being called a lease.
    To me, it would be less of a lease and more like a "subsidized sale and guaranteed buy back program".
    The ownership of the gun should actually be transferred in the event that the owner wants to keep the gun, with the user only paying for as long of a period of time as he decides to keep the gun.
    Then, if he tires of it and decides to hand it in, the rest of the purchase price wouldn't need to be paid as long as the wear & tear was acceptable.
    This would be part of the buy-back terms and conditions.
    Some nice guns are very expensive, and this would make them more affordable to try them out and increase sales.
    But to characterize a program like this as a lease doesn't sound right to me. I just can't see a potential criminal committing a crime with a "leased" gun. He would need to own it outright IMO, even if the purchase was subsidized by the manufacturer or seller.
    Otherwise, I think that it's a good idea, particularly for expensive target pistols, target rifles, and expensive competition shotguns for trap, etc...
     
    Last edited: Aug 5, 2007
  22. sacp81170a

    sacp81170a Member

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    VARifleman has it right. I'd no more lease a gun than I'd lease my clothes. I want it to fit me, not what someone else thinks is the best fit for the "average" person.
     
  23. Scanr

    Scanr Member

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    I voted yes, but my thoughts were on renting. In Nevada we have to qualify with each type of gun on our ccw, I would want to shoot a type before I bought it.
     
  24. Neo-Luddite

    Neo-Luddite Member

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    No--I wouldn't lease a vehicle either. I must admit though, it's an odd concept that hasn't been explored before. Now, I've heard that criminals rent guns--I've heard this repeated often as gospel--but I've always thought that a bit hard to swallow.

    Even high-end guns are not out of reach of those of modest means in the way that a Corvette or Porche might be.
     
  25. Feanaro

    Feanaro Member

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    Pay money and then not own it? No thanks. Wouldn't do it with a car, wouldn't do it with a firearm. It is MUCH cheaper to buy, in the long run, and I don't have to deal with a list of "approved" modifications. Now, I might consider renting/leasing a double rifle if I were going on an African Safari... but I'd probably rather own it.
     
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