To trade or not to trade? That is the question.

[Just One Shot]

I have a car for sale and I have been offered a number of rifles, shotguns and pistols that combined are worth a few hundred dollars more than what I'm asking for the car.

Some I would keep but the others would require me to do the leg work to try and sell them and there's no guarantee that I'll be able to get the current value or that I'll even be able to sell them at all.

Plus, the guy lives out of state which would require him to come to me since I won't transport that many firearms across the state line.

The guy is seems to be on the up and up. He stated all the guns are legal and he has a CC license that he is willing to display if I decide to make the deal.

Here's a list and the prices he said is blue book. I don't have one so I'm asking if the prices are correct?

Rifles:
MARLIN CAMP 45 CARBINE .45 CAL. W/RED DOT ILLUMINATED SIGHT $360

WINCHESTER MODEL 70 .308 WIN W/BUSHNELL SCOPE $450

MOSSBERG MODEL 500 12 GA. SHOTGUN FOLDING STOCK W/ PISTOL GRIP $265

SAVAGE MODEL 12 TARGET .223 BULL BARREL TASCO SCOPE AND FOLDING BIPOD $510

BUSHMASTER MODEL#XMI5-E2S 1” S.S. BULL BARREL BIPOD W/BUSHNELL SCOPE $1500

UNIVERSAL ARMS M-1 CARBINE .30 CAL. $225

RUGER 1022 .22 CAL. STAINLESS $265 NEW ---NEVER SHOT

Pistols:
SMITH AND WESSON MODEL #3913 9MM S.S $500

1969 COLT COBRA .38 SPECIAL NICKLE PLATED $500

GLOCK MODEL #19 PRE-BAN HI- CAP .9MM $500

AMT BACK-UP .45 CAL. $300

REMINGTON XP-100 .223 W/ILLUMINATED RED DOT SIGHT (Converted by gun smith from a .221 according to him) $450


I did some searches and found some listed slightly lower and some slightly higher.

Total is $5,825.00

I'm wanting $5,200.00 cash for the car.

In your opinion, $625.00 worth the effort of selling off the guns I don't want to keep?

Thoughts?

 

[Birdmang]

In my opinion selling the guns to make a profit would be a waste of time, but I don't have much time, but to each their own.

 

[Speedo66]

I don't know how many you intend to keep, but that's a lot of guns.

Many are "niche" guns that you may have a hard time selling, and I wouldn't think they'd be quick sales. You may be holding your money in them for a long time.

If you need the capital immediately for something else, I'd pass.

 

[Just One Shot]

I don't Need the cash but a little extra spending money would be nice for those times when a good deal on guns or ammo shows up.

 

[natman]

BTW it would be illegal for you to buy the guns directly from someone out of state. FWIW.

 

[wrong-eye/dead-eye]

I agree without a federal gun license in your name or some one in your state that has one. I would definetly stay away from this deal. You know you can contact your favorite gun dealer, and find out what his fee would be to make this transaction . If you think it isn"t worth it then nether is the deal.

 

[jnyork]

Deal does not pass the smell test, the guy is setting you up to commit a Federal felony by taking possession of guns that were illegally brought into your state, plus the fact that the ATF might frown on the deal as you being "engaged in the business" without an FFL. Run.

 

[Mags]

MISINFORMATION REMOVED. The guns sound like a pretty sweet deal to me.

 

[hmphargh]

I'd do the trade, but require the firearm transfer to go through an FFL and have the other party pay the transfer fee.

 

[Just One Shot]

Deals off.



I didn't want to hassle with finding and paying for an FFL to help me to aquire all those guns from out of state.



Thanks for the responses!

 

[natman]

[Quote of misinformation by The Real Mags removed.]

The determining factor is whether or not the buyer and seller are residents of the same state. If they are not it is a Federal felony for them to sell guns directly to each other, regardless of how they get to the buyer.

 

[Sam1911]

The law says:

(B1) To whom may an unlicensed person transfer firearms under the GCA?
A person may sell a firearm to an unlicensed resident of his State, if he does not know or have reasonable cause to believe the person is prohibited from receiving or possessing firearms under Federal law. A person may loan or rent a firearm to a resident of any State for temporary use for lawful sporting purposes, if he does not know or have reasonable cause to believe the person is prohibited from receiving or possessing firearms under Federal law. A person may sell or transfer a firearm to a licensee in any State. However, a firearm other than a curio or relic may not be transferred interstate to a licensed collector.

[18 U.S.C. 922(a)(3) and (5), 922(d), 27 CFR 478.29 and 478.30]



(B2) From whom may an unlicensed person acquire a firearm under the GCA? [Back]

A person may only acquire a firearm within the person’s own State, except that he or she may purchase or otherwise acquire a rifle or shotgun, in person, at a licensee's premises in any State, provided the sale complies with State laws applicable in the State of sale and the State where the purchaser resides. A person may borrow or rent a firearm in any State for temporary use for lawful sporting purposes.

[18 U.S.C. 922(a)(3) and (5), 922(b)(3), 27 CFR 478.29 and 478.30]

Or, to quote NavyLT:

If any firearm is transferred between residents of two different states (notice the word is resident, not physical location), and an FFL is not used, the recipient of the firearm violates 18 USC 922(a)(3) and the transferor violates 18 USC 922(a)(5). There are no exceptions for rifles/shotguns. There are no exceptions for family members. There is no exception for contiguous states.

The only exception for permanent transfer is if someone dies and the firearm is passed on as an inheritance. The only excpetion for loaning is that you can borrow a gun from someone outside of your state of residence, but it is still against 18 USC 922(a)(3) to bring that borrowed firearm back into your own state of residence.

http://www.law.cornell.edu/uscode/18...2----000-.html

The guns are probably worth it, but you've got to do it right.

-Sam

 

[Mags]

Wow, I am so wrong on this. I am sorry.

 

[Art Eatman]

Deal's off.