5280 Armory

[Storm]

I'm going to chime in here on the 3% surcharge. I don't like it, but with the advent of the internet it's difficult to keep a decent profit margin in the firearms business. Every time, a customer charges something on a credit card the vendor is charged that 3%. Now they could factor that into the cost of doing business and increase their prices across the board, or they can give you a discount if you pay cash/check.

Now, I don't want to have to pay for someone else using a credit card when I buy something, if I'm paying cash. If you choose to use the convenience of a CC, then you should pay for that.

WRT local gun dealers in general, I've seen a few go out of business in the past few years and it's nice to have someplace within driving distance to shop, fondle, window shop. In addition, WRT 5280 in particular, there's not a lot of gunstores (to my knowledge) that not only have such a large inventory on hand, but are also a Class 3 with SBR's and Suppressors. The only other class 3 stocking dealer I've been to is Jensens. And while 5280's prices aren't rock bottom, I'm willing to pay a small premium to have a place within driving distance that I can pick up accessories, ammo, a gun, or some odd part I need. There is some value in being able to hold the gun you're interested in your hand and see if it suits you.

Regards,
Storm

[Great-Kazoo]

I'm going to chime in here on the 3% surcharge. I don't like it, but with the advent of the internet it's difficult to keep a decent profit margin in the firearms business. Every time, a customer charges something on a credit card the vendor is charged that 3%. Now they could factor that into the cost of doing business and increase their prices across the board, or they can give you a discount if you pay cash/check.

Now, I don't want to have to pay for someone else using a credit card when I buy something, if I'm paying cash. If you choose to use the convenience of a CC, then you should pay for that.

WRT local gun dealers in general, I've seen a few go out of business in the past few years and it's nice to have someplace within driving distance to shop, fondle, window shop. In addition, WRT 5280 in particular, there's not a lot of gunstores (to my knowledge) that not only have such a large inventory on hand, but are also a Class 3 with SBR's and Suppressors. The only other class 3 stocking dealer I've been to is Jensens. And while 5280's prices aren't rock bottom, I'm willing to pay a small premium to have a place within driving distance that I can pick up accessories, ammo, a gun, or some odd part I need. There is some value in being able to hold the gun you're interested in your hand and see if it suits you.

Regards,
Storm

try machine gun tours off 6th in lakewood or beararms in windsor.

[clublights]

in Colorado it is illegal to have a CC surcharge.


maybe let them know that. you can give a discount for using cash but not a surcharge for using a CC .

I know that seems silly but that is how the law is written.

[clublights]

COLORADO POSSESSES A "NO SURCHARGE RULE" FOR CONSUMER PURCHASES
"[N]o seller...may impose a surcharge on a holder who elects to use a credit or charge card in lieu of payment by cash check or similar means..."
Statute: Colo. Rev. Stat. Ann. § 5-2-212(1) (West)

Discounts for Cash Payments are allowed in Colorado

"Discounts offered to induce payment by cash, check or other means not involving credit card are not finance charges if offered to all prospective buyers and disclosed clearly and conspicuously in accordance with regulations."

Statute: Colo. Rev. Stat. Ann. § 5-2-212(2) (West)

Statute: (See Colo. Rev. Stat. Ann. §§ 5-1-301(16), (16.5), (24), (43) (West)).1

[alan0269]

in Colorado it is illegal to have a CC surcharge.


maybe let them know that. you can give a discount for using cash but not a surcharge for using a CC .

I know that seems silly but that is how the law is written.

If I recall correctly, there are signs posted throughout the store along the lines of:

All prices reflect a 3% cash discount. Anyone not paying by cash will pay the standard price.

That would legally fall into what you are saying.

As far a Green Mountain goes, the only time they charge 3% more for CC use is on consignment firearms.

Personally, I don't mind the "cash discount" as (as previously posted) you are not paying a 3% CC transaction fee that is already added into the sales price. I will almost always try to make sure I have enough cash to cover what I want to buy when I visit a local gun shop, as I know they have fees they have to pay for accepting credit cards and it is hard enough these days to make a decent profit as a small business without adding that cost of doing business.

[CMP_5.56]

CMP 5.56, from what you're saying, it's almost tempting to go back. But I refuse to shop somewhere that is going to charge 3% because I use a credit card. That's just pure BS!

The gun business is like most these days, low mark up to stay competitive. Credit card companies charge between 3.5% and 5% for companies to process their cards. To a small business owner that is a lot. And the other places that say they don't charge that extra 3%, they just tack it on the end of the price. I'm sorry some people have had negative experiences with them, but personally they have treated me well.

In this economy I don't begrudge a small business owner the right to feed their family.

[CMP_5.56]

+1
And no, unless you are buying on Gunbroker hardly anybody charges for c/c use.
I purchased a Barrett 99 and a Socom II there and yes, tax + c/c fee do add up.
I went looking into buying a Barrett 82 (another $8000.00 gun) and, since I already bought over $6000.00 in guns,I asked them for a break.
They offered to take like $150.00 off!
They lost my business.
End of story.

If I had the money for an $8000 dollar gun I guess a break wouldn't mean a whole lot to me. Aside from that in this markets competitive pricing nobody makes insane profit on firrarms, so giving half their profit away probably doesn't seem too tempting. I wouldn't do it if I owned a business.

[bellavite1]

If I had the money for an $8000 dollar gun I guess a break wouldn't mean a whole lot to me. Aside from that in this markets competitive pricing nobody makes insane profit on firrarms, so giving half their profit away probably doesn't seem too tempting. I wouldn't do it if I owned a business.

Nobody asked for a 50% discount.
It is called customer appreciation.
I ended up buying the same gun on Gunbroker, for almost $800 cheaper, no c/c fee.
I guess if somebody is so hot for a gun that they cannot wait for a few days for it to be shipped, they will pay for the convenience.
Me, I learned my lesson.

[CMP_5.56]

Nobody asked for a 50% discount.
It is called customer appreciation.
I ended up buying the same gun on Gunbroker, for almost $800 cheaper, no c/c fee.
I guess if somebody is so hot for a gun that they cannot wait for a few days for it to be shipped, they will pay for the convenience.
Me, I learned my lesson.

I didn't say you asked for a 50% discount, I said he probably would not like taking 50% less profit. The firearm is $8000 to you the end user, that is not what the shop owner makes on your purchase. Probably more like $500 in this competitive market.

[Colorado Luckydog]

To top it off, I looked at my reciept this morning and it is stamped in bright red "NO RETURNS". I think that is BS also.