Class III sale

dajowi · February 8, 2009, 01:05 AM

I'm considering selling a MAC-10 to a CIII dealer. Is my assumption correct that such a sale is no different than any other product? Filling out some paperwork and collecting the money at the time of sale? Also is it true that a Military Armaments Corporation made suppressor is basically of no value once it's been used? That's what I've been told.

David Hineline · February 8, 2009, 02:17 AM

It will transfer to the dealer on tax paid form 4, once the forms clear the ATF about 10wks or more, then the dealer can take possesion of the gun.

It's not worthless because it has been used, your silencer is worthless because it is outdated. No one is going to pay a good price for your outdated silencer, and pay the tax on it, when they can pay a good price for a new silencer and the same tax.

Your MAC originally sold for about $75, the only reason it is worth selling is becasuse of the ban.

dajowi · February 8, 2009, 07:29 PM

I sort of figured that the sale and payment could take place in one day since I would be selling to a Class III dealer. I had considered selling the gun sometime back but it seemed to be a big hassle. It seemed likely that I'd take a bath in sale. Now I find out that the suppressor I pad about $450 plus the $200 tax stamp isn't worth anything. It seems that the "bath" just got bigger. If someone had told me that it was going to be as hard to sell it, as it was to buy it I might have reconsidered the purchase.

VUPDblue · February 8, 2009, 11:29 PM

Why? Someone 'sold' it to you. Why would you think that you selling it to someone else would be any different?

David Hineline · February 8, 2009, 11:43 PM

The gun is worth 3-4000 dollars so unless you paid more than that you are not taking a bath.

February 8, 2009, 01:05 AM	#1
dajowi Senior Member Join Date: November 2, 2005 Posts: 1,196	Class III sale I'm considering selling a MAC-10 to a CIII dealer. Is my assumption correct that such a sale is no different than any other product? Filling out some paperwork and collecting the money at the time of sale? Also is it true that a Military Armaments Corporation made suppressor is basically of no value once it's been used? That's what I've been told.

February 8, 2009, 11:29 PM	#4
VUPDblue Senior Member Join Date: December 18, 2005 Location: Central Indiana Posts: 1,981	Why? Someone 'sold' it to you. Why would you think that you selling it to someone else would be any different? __________________ Silencers have NEVER been illegal !

Thread Tools	Search this Thread
Show Printable Version Email this Page	Search this Thread: Advanced Search

February 8, 2009, 02:17 AM	#2
David Hineline Senior Member Join Date: December 23, 1999 Location: South Sioux City, Nebraska Posts: 704	It will transfer to the dealer on tax paid form 4, once the forms clear the ATF about 10wks or more, then the dealer can take possesion of the gun. It's not worthless because it has been used, your silencer is worthless because it is outdated. No one is going to pay a good price for your outdated silencer, and pay the tax on it, when they can pay a good price for a new silencer and the same tax. Your MAC originally sold for about $75, the only reason it is worth selling is becasuse of the ban.

February 8, 2009, 07:29 PM	#3
dajowi Senior Member Join Date: November 2, 2005 Posts: 1,196	I sort of figured that the sale and payment could take place in one day since I would be selling to a Class III dealer. I had considered selling the gun sometime back but it seemed to be a big hassle. It seemed likely that I'd take a bath in sale. Now I find out that the suppressor I pad about $450 plus the $200 tax stamp isn't worth anything. It seems that the "bath" just got bigger. If someone had told me that it was going to be as hard to sell it, as it was to buy it I might have reconsidered the purchase.

February 8, 2009, 11:43 PM	#5
David Hineline Senior Member Join Date: December 23, 1999 Location: South Sioux City, Nebraska Posts: 704	The gun is worth 3-4000 dollars so unless you paid more than that you are not taking a bath.