Search found 1 match

by TexasCajun
Wed Jul 03, 2013 8:50 am
Forum: General Gun, Shooting & Equipment Discussion
Topic: Purchasing a firearm on Gunbroker.com
Replies: 14
Views: 3730

Re: Purchasing a firearm on Gunbroker.com

OldCannon wrote:
Jumping Frog wrote:Most gunbroker dealers charge 3% for credit card. In those cases, pay via USPS money order.
Interesting fact: In Texas, it is ILLEGAL to charge a higher amount for a product if you use a credit card. This sucks, because it can take a huge chunk of what amounts to a very small profit margin (contrary to popular perception, the gun business isn't a high profit biz). Seller's can avoid this by stating that their prices reflect a "cash sale" price, although that's a grey area. The reality is that sellers "mark up" _all_ their items to adjust for the merchant fees they get hit with, so, technically, you're paying more if you use cash - it's just all buried in the "operating margin" on prices (another reason why these "internet only" sellers can offer firearms at far lower prices).
When I've dealt with either the LGS or merchants at gun shows, they usually tag their "price" and offer a cash/debit card discount.

And I totally agree with the post above about waiting until you can get the rifle without going into debt. If it's a good deal now, it will be a good (or better) deal later. The best bet is to make the purchase using a credit card (for the customary buyer protection features) and then immediately send an equal payment to the credit card to avoid/minimize the added interest.

Return to “Purchasing a firearm on Gunbroker.com”