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armilite
Member Posts: 35,483 ✭✭✭
Bought a gun from redstradingpost a while back and found them to be outstanding GB sellers. We bitceh about bad sellers and buyers all the time so I think we should tell each other about the good ones too.
Comments
http://www.gunbroker.com/Auction/ViewItem.asp?Item=91544037
Bear in mind that he may not give you feedback until he receives the firearm. So if he doesn't pay by the end of the layaway, and you resell it. You could get a negative feedback. But that would be my only reason why I would hesitate
Most folks buying guns are either in the business or shooters/collectors. If a buyer is short on cash, let him work out the terms of a loan with a bank. Nothing good can come from fooling around with financing.
Neal
just relist and do it again and again if need be
win, win
Meh. Unless you are a member of the Walmart Walton family, I'd tell him "no".
Most folks buying guns are either in the business or shooters/collectors. If a buyer is short on cash, let him work out the terms of a loan with a bank. Nothing good can come from fooling around with financing.
Neal
+1
So it depends on what his offer is if I would do it, or not.
Lay it away on your credit card or do without would be my take.
I was thinking along the lines of saying that if he makes an initial payment of $500 I would send him the upper half as I can ship that directly to him. Say a second payment of $500 4-6 weeks later would get him the scope. The last payment of $400 I would ship the lower to his FFL. I think that way we earn each others trust. There is no guarantee that something out of the ordinary (my death, his death, theft of the rifle or something else ) would happen in between the time to complete the deal. If something happened to me there would mostly be no way the deal would go through. My wife and daughter don't have a clue as to what I do on line. Say if he doesn't come through on the last payment at worst I still have the lower half and that wouldn't bother me one bit. Still waiting for his reply.
IMO there is no need for all that. I wouldn't piece mill out the rifle, that is just asking for headaches down the road.
Take his down payment, the rest over 90 days with 1/3 of balance every 30 days or what ever terms you agree to. Make it clear he needs to be sure he can do it as he will forfeit any payments sent if he fails to fulfill the contract. Make it clear you want him to pay in full so he doesn't lose his money but that you will keep what he paid and relist if he fails to make full payment.
I've sold a lot of things on time, including houses. I do not want to repossess, I want people to make good and get what they need/want. But I will repossess if I have to, no other way to do business. Some people sell on time hoping they can keep what's been paid and resale, I'm not one of them. I want people to make good and am glad I could help them do it. Sure I make money, but they get what they need too.
I was thinking along the lines of saying that if he makes an initial payment of $500 I would send him the upper half as I can ship that directly to him. Say a second payment of $500 4-6 weeks later would get him the scope. The last payment of $400 I would ship the lower to his FFL. I think that way we earn each others trust. There is no guarantee that something out of the ordinary (my death, his death, theft of the rifle or something else ) would happen in between the time to complete the deal. If something happened to me there would mostly be no way the deal would go through. My wife and daughter don't have a clue as to what I do on line. Say if he doesn't come through on the last payment at worst I still have the lower half and that wouldn't bother me one bit. Still waiting for his reply.
your heart is in the right place, but you are making a difficult situation into a horrible situation this way
many ways it could go wrong, one is what if he decided to end the deal and keep the upper, now you have incomplete parts to sell off
quote:Originally posted by armilite
I was thinking along the lines of saying that if he makes an initial payment of $500 I would send him the upper half as I can ship that directly to him. Say a second payment of $500 4-6 weeks later would get him the scope. The last payment of $400 I would ship the lower to his FFL. I think that way we earn each others trust. There is no guarantee that something out of the ordinary (my death, his death, theft of the rifle or something else ) would happen in between the time to complete the deal. If something happened to me there would mostly be no way the deal would go through. My wife and daughter don't have a clue as to what I do on line. Say if he doesn't come through on the last payment at worst I still have the lower half and that wouldn't bother me one bit. Still waiting for his reply.
IMO there is no need for all that. I wouldn't piece mill out the rifle, that is just asking for headaches down the road.
Take his down payment, the rest over 90 days with 1/3 of balance every 30 days or what ever terms you agree to. Make it clear he needs to be sure he can do it as he will forfeit any payments sent if he fails to fulfill the contract. Make it clear you want him to pay in full so he doesn't lose his money but that you will keep what he paid and relist if he fails to make full payment.
I've sold a lot of things on time, including houses. I do not want to repossess, I want people to make good and get what they need/want. But I will repossess if I have to, no other way to do business. Some people sell on time hoping they can keep what's been paid and resale, I'm not one of them. I want people to make good and am glad I could help them do it. Sure I make money, but they get what they need too.
Scout's idea I think, is the best way to handle it.
Sometimes you find just the right item at just the wrong time (when you don't have all the money) Take a non refundable deposit (at least a third) and give him 90 days to come up with the rest but don't send anything until the last payment is made "On Schedule".
Just my opinion.
If you are a private seller, why hassle with it?
quote:Originally posted by armilite
I was thinking along the lines of saying that if he makes an initial payment of $500 I would send him the upper half as I can ship that directly to him. Say a second payment of $500 4-6 weeks later would get him the scope. The last payment of $400 I would ship the lower to his FFL. I think that way we earn each others trust. There is no guarantee that something out of the ordinary (my death, his death, theft of the rifle or something else ) would happen in between the time to complete the deal. If something happened to me there would mostly be no way the deal would go through. My wife and daughter don't have a clue as to what I do on line. Say if he doesn't come through on the last payment at worst I still have the lower half and that wouldn't bother me one bit. Still waiting for his reply.
your heart is in the right place, but you are making a difficult situation into a horrible situation this way
many ways it could go wrong, one is what if he decided to end the deal and keep the upper, now you have incomplete parts to sell off
Just saying incomplete parts are never a problem as I always have projects in the works. I have a pretty neat project going on right now and the only part I waiting on is a muzzle brake. If he defaulted on the lower I could use that as well, just saying.
It worked for me
Ros
And he hounded me with e-mails ect. with sick baby, wife in hospital, wrecked car, blah blah. screw that. EVERYONE has an excuse and I have heard them ALL.
Some gun stores do layaway and it pops up in their auctions. They have a whole system in place that complies with all applicable laws and regulations with all necessary disclosures and paperwork. Complying with BATF is hard enough. Do you really want to bite off compliance in another mine field that I've never even seen described or discussed here??
Unless you are set up to do layaway then doing so on a one off basis is just asking for trouble. Just say "no, I'm selling a gun, find your financing elsewhere."
Final thought. If I got that question it would be a red flag that someone's trying to buy something they really can't afford and they are trying to make part of that my problem. I make it a rule not to take on others problems, I have enough of my own and my family's to deal with.