Timonium Fairgrounds October 3 & 4

[LoneRanger]

If you don't think I am being charged 3% from the credit card company I wil be happy to show you statements!!! I guess you have never found something at a gun show for a price you thought was reasonable? I for one NEVER increase my prices at a show, my prices are the same at my shop as the shows. In fact I will usually work with a buyer at shows to make a sale, sometimes it might only be $10, sometimes more if I can and not lose money. I don't buy inventory to sell it at cost!!!!!!

I used to find things reasonable......not so much over the last couple of years...

If you are paying 3%...you need a different credit card processor......even PayPal is only charging something like 2.7%.

 

[Bean Guy]

Credit card companies charge two to four percent to process transactions, yes it's a "cost of doing business". Like all the other costs it needs to be factored into the sellers price.

I have no problem with sellers explicitly adding the fee on credit card sales. Its not fair to the guy who pays cash to have to have credit card fees built in to his price. Gas stations do it. Don't want to pay the extra, then bring cash!

Running a business is more than a full time job. I was kidding around with a client and mentioned to him that the nice thing about being self employed is that you get to pick which 12 hours a day you work, and he responded - What, are you working half days? Of course the sellers at shows should make a few bucks.

Every body wants a deal, and many want to see themselves as great horse traders, who haggled and got a great buy. Of course they want the seller to make a profit, but hey, just not so much on them. The next guy should pay.

 

[LoneRanger]

Credit card companies charge two to four percent to process transactions, yes it's a "cost of doing business". Like all the other costs it needs to be factored into the sellers price.

I have no problem with sellers explicitly adding the fee on credit card sales. Its not fair to the guy who pays cash to have to have credit card fees built in to his price. Gas stations do it. Don't want to pay the extra, then bring cash!

Running a business is more than a full time job. I was kidding around with a client and mentioned to him that the nice thing about being self employed is that you get to pick which 12 hours a day you work, and he responded - What, are you working half days? Of course the sellers at shows should make a few bucks.

Every body wants a deal, and many want to see themselves as great horse traders, who haggled and got a great buy. Of course they want the seller to make a profit, but hey, just not so much on them. The next guy should pay.

It is all in how it is presented......instead of charging a premium to use a credit card......offer a discount for cash....consumers view one positively and one negatively....

 

[Sundazes]

The real question is why that every time there is a Timonium show thread, it turns into the same argument(s) every time.

 

[Bean Guy]

It is all in how it is presented......instead of charging a premium to use a credit card......offer a discount for cash....consumers view one positively and one negatively....

Great point!

 

[FFBWMD]

It is all in how it is presented......instead of charging a premium to use a credit card......offer a discount for cash....consumers view one positively and one negatively....

All of my firearms are marked as "cash price", how's that?

 

[FFBWMD]

I used to find things reasonable......not so much over the last couple of years...

If you are paying 3%...you need a different credit card processor......even PayPal is only charging something like 2.7%.

Have you tried finding a credit card processor that will deal with a business selling guns? Most wont because they don't want any liability, by the way Paypal is very ANTI gun. If Paypal finds out you are using their processing for guns you will lose your account. So, impress me with some more of your wisdom

 

[protegeV]

All of my firearms are marked as "cash price", how's that?

Works for me.

I think what LR was saying is to advertise the cc price and a sign with 3% discount if paid in cash.

Of course, everyone wants to be able to the converse and advertise the lowest possible price. That's for anything, not just guns. That why you'll see car dealerships pricing so varied. Some advertise the price with all available incentives (including ones that most people don't qualify for) Yet others advertise the real price and explicitly state so.

 

[LoneRanger]

All of my firearms are marked as "cash price", how's that?

Meaning you then charge me some percentage more to get the consumer protection of my American Express card? As a consumer, I view that as a negative and probably would not buy from you. I personally prefer not to carry around large sums of cash around with me.....in this day an age there is just no reason to.

 

[FFBWMD]

I can understand you not carrying cash, evidently you don't purchase anything unless its free

 

[LoneRanger]

I can understand you not carrying cash, evidently you don't purchase anything unless its free

Not it all, it seems only small gun dealers want to charge me a premium to use my debit or AMEX card. Had no problem using it to buy ammo at Harrisburg Bass Pro Saturday morning.......

 

[protegeV]

Not it all, it seems only small gun dealers want to charge me a premium to use my debit or AMEX card. Had no problem using it to buy ammo at Harrisburg Bass Pro Saturday morning.......

Have you seen the gun prices at bps? Laughable. You'd need a 10% or more discount to get near lgs prices for the things I've looked at....

 

[faze]

Have you tried finding a credit card processor that will deal with a business selling guns? Most wont because they don't want any liability, by the way Paypal is very ANTI gun. If Paypal finds out you are using their processing for guns you will lose your account. So, impress me with some more of your wisdom

Wow! I had no idea that they canceled accounts for someone doing something legal. Mostly because I don't really use PayPal... Is that in their ToS or is that just some unwritten liberal b/s rule?

 

[LoneRanger]

Have you seen the gun prices at bps? Laughable. You'd need a 10% or more discount to get near lgs prices for the things I've looked at....

Depends what you are looking at......10/22 takedowns are $350 at BPS.....they were a mere $400 at the Timonium show.....

I have bought multiple shotguns in the past that were on sale plus came with BPS gift cards if I used my BPS Visa....

 

[protegeV]

Depends what you are looking at......10/22 takedowns are $350 at BPS.....they were a mere $400 at the Timonium show.....

I have bought multiple shotguns in the past that were on sale plus came with BPS gift cards if I used my BPS Visa....

Yeah prices vary, and I even admitted that a couple vendors had really high prices. But that was not the case with ever dealer and it's certainly not the case with all of our IPs normal business.

 

[FFBWMD]

I believe it is their policy, suffice it to say I haven't been willing to risk it. there was a thread a while back about big banks that NFA Trusts . I had to use a completely different bank for my business because Bank of America nor M&T will deal with firearms sales. I had to sign a waiver with the bank I use that I would not do credit cards over the Internet for gun sales.

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[FFBWMD]

Depends what you are looking at......10/22 takedowns are $350 at BPS.....they were a mere $400 at the Timonium show.....

I have bought multiple shotguns in the past that were on sale plus came with BPS gift cards if I used my BPS Visa....

You didn't look at mine then, it was priced at 350.00

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[faze]

I believe it is their policy, suffice it to say I haven't been willing to risk it. there was a thread a while back about big banks that NFA Trusts . I had to use a completely different bank for my business because Bank of America nor M&T will deal with firearms sales. I had to sign a waiver with the bank I use that I would not do credit cards over the Internet for gun sales.

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Wow... That's unbelievable. How is this not illegal? I guess it's covered under the "we don't have to do business with you" thing that businesses have the right to say?

 

[FFBWMD]

It could certainly be a rumor, but I heard this year's ago before I was a dealer. I do know some banks are not 2A friendly

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[LoneRanger]

You didn't look at mine then, it was priced at 350.00

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I saw it......but that was the cash price....