School me on selling private sale with a dealer

wizzer368 said:

If I take a gun to a dealer for a private sale do I only have to show up the one time to drop off the gun and do paperwork. Do I have to comeback when the approval comes in to sign it over or is that just for the gun shop and the buyer?

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doofoo said:

In my personal experience, if a dealer has to sign your firearm in on his A&D book - he's going to take a cut of your sale, beyond the transfer. This will vary depending on the vendor though. If someone will hook you up, great.

One option you do have instead of going to a MDSP Barracks for a P2P transfer is to have the dealer submit the paperwork. You hold onto the firearm until the transfer comes back not disapproved (or after 7 days) and then release the firearm.

Some dealers will do this, just ask around. Not sure what effect 281 & all the license crap has on the process above, but I used it last year.

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• For handguns, buyer will need HQL - seller does not;
• Magazines with a capacity over 10rd cannot be transferred, sold, etc;
• ~Stuff about copycats, ALGs, and named banned rifles goes here~ this part is messy so someone else can elaborate.

rob-cubed said:

The dealer will charge *something* to log in and out of his bound book and hold onto it for a week. Usually whatever their standard transfer fee is. The only other difference is the buyer does the paperwork with the dealer listed as the seller. I've done this before when the buyer and I lived too far away to make a second trip worthwhile.

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adit said:

Don't forget the Sales Tax.....

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rob-cubed said:

No sales tax required! The dealer is providing a service by handling the transfer as a middleman, no different than buying a firearm online and having it shipped to him for paperwork. Consignment is different, as you are buying directly from the dealer vs a private sale.

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adit said:

Once that dealer is listed as the seller he is required to collect sales tax.

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adit said:

Once that dealer is listed as the seller he is required to collect sales tax.

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