Private Party FFL Transfer

[ray1970]

I think they can charge only $10 for the BGC, but whatever they like for the transfer activity.

I'm not sure, but here is the actual wording in the law.

"A licensed gun dealer may charge a fee for services rendered pursuant to this section, which fee shall not exceed ten dollars."

My personal interpretation of that is that they are not allowed, by the law, to charge you more than ten dollars for their service. Plus, obviously, the mandatory $10 CBI fee that you would pay on any background check done in Colorado for any firearm purchase.

If a dealer wants to charge me more than $20 ($10 for the transfer and $10 for the CBI fee) I go elsewhere. And, in my mind, they are in violation of state law by charging me more. Probably why most of them just don't mess with it.

[bobbyfairbanks]

The FFL really doesn't make much on a person to person transfer. I'm pretty sure the actual law says they can't charge more than a ten dollar fee. You will pay that and the mandatory ten dollar fee for the CBI check which gouges to the CBI and not the dealer. I really can't blame them for not wanting to log things in and out of their books for a piddly $10. I avoid the big box stores as much as possible but I have been known to do a transfer at Gander Mountain on occasion even though I hope they go belly up soon. I really prefer to do all of my transfers at Noah's shop whenever I can (Ark Tactical).

This is bullshit regardless what the law is we all know most still charge 25-50 dollars for a transfer and lets say they do only charge $10. Most transfer take less then 3 min for you to impute. So the beer math on that is $3.33 a minute. That is dam good money. What do people behind the gun counter do the rest of the time. NOT much. This is just plain being a D bag.

[def90]

Takes them more than 3 minutes.. Private party transfers are a money losing proposition for most shops so why do it?

[DEAGLER]

Called centennial gun store awhile ago. They said $65 for transfer.

[Dave]

Called centennial gun store awhile ago. They said $65 for transfer.

Rapid Fire Bunker or Ark Tactical for transfers for me.

[Hoser]

From the dealer side of the house it is a pain in the ass.

You have to receive it from the seller, log it in your books, have the purchaser fill out a 4473, input all the info in the CBI site, ring up transaction and then log it out of your books.

That is why more places wont do it. It can easily be more than a 10 minute process.

Then there is the issue if what if the purchaser fails a background check. That is ugly.

Whistling Pines Gun Club on the east side of the Springs does it as long as one of the people involved is a member.

[rbeau30]

From the dealer side of the house it is a pain in the ass.

You have to receive it from the seller, log it in your books, have the purchaser fill out a 4473, input all the info in the CBI site, ring up transaction and then log it out of your books.

That is why more places wont do it. It can easily be more than a 10 minute process.

Then there is the issue if what if the purchaser fails a background check. That is ugly.

Whistling Pines Gun Club on the east side of the Springs does it as long as one of the people involved is a member.

And keep records, then write a check for your $10 fees you collected for the stupid law at the end of the year? Yeah to me sounds like a PITA. Perhaps this is what one of the intended side-effects of the law is?

[Dave]

And keep records, then write a check for your $10 fees you collected for the stupid law at the end of the year? Yeah to me sounds like a PITA. Perhaps this is what one of the intended side-effects of the law is?

Making it harder to transfer is one side effect they were after. Having a paper trail for firearms is another.

[bobbyfairbanks]

It is just like Ayn Rand. Why work, Why transfer guns?

[def90]

Then there is the issue if what if the purchaser fails a background check. That is ugly.

In that scenario the private parties are supposed to be able to walk out the door, transaction never happens, FFL doesn't log anything in or out..

https://www.ar-15.co/threads/110807-...transfers-etc)

Short version:
1) Buyer fills out 4473
2) FFL checks and records buyer ID, marks handgun/long gun/other (no SN# yet), and runs the BGC. CBI charges $10 at this point
3) If pass, FFL takes gun & confirms SN, enters gun into books, writes the SN# on the 4473, and logs the book out to buyer. Buyer/seller leave happy.
4) If fail, seller takes the gun and leaves. FFL did not take possession. FFL does not enter the gun into the books. 4473 gets filed (without SN/gun info).
5) If the seller ever gives "exclusive possession" to the FFL (see linked discussion threads on what this means), then seller has to pass a BCG to get their gun back. Seller still owns it, just can't take possession. If seller fails BGC, you'll have to work something out with the FFL (likely consignment, or find another buyer).