If you're a gun owner looking to sell your firearms for some extra cash, you might have heard the term "gun consignment" thrown around. But what exactly is gun consignment, and how does it work? What are the perks of utilizing gun consignment as a firearm owner looking to sell your gun? What are the drawbacks? Consignment is a pretty straightforward system, but you want to make sure that you are doing it with a partner that will protect your interest as the actual owner and make sure you get the real value of your gun. There are a number of gun consignment options you can utilize that will allow you to reach local buyers or even reach millions of people that are in the market for a firearm right now.
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CashForArms pays all up front costs and fees, and you get the final payout!
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For firearms valued at $750 or below, we advise considering our direct cash offer. However, should you prefer a different approach, our Prime Consign service remains available to you.
In simple terms, gun consignment is entrusting a dealer with the sale of your firearm on your behalf. The dealer is supposed to take care of everything from preparing your gun for sale, finding a buyer, and handling the payment and transfer process. In return, they take a commission or percentage of the sale price.
“In this article, we'll take a closer look at gun consignment and help you determine whether it's the right option for you.”
One of the main advantages of a consignment sale is that it can save you time and effort, as the dealer is supposed to take care of the entire selling process. Additionally, companies who specialize in firearms consignment can often help you sell your firearm for the most money, as they have expertise in pricing and marketing.
While gun consignment can be a convenient way to sell your firearms, it's important to consider some of the potential downsides. For instance, one of the main drawbacks of gun consignment is that it typically goes through local shops, which means that the market for your gun is only local to you. This can limit visibility and reduce your chances of finding a buyer quickly. In some cases, your gun may take months, or even years, to sell.
Additionally, depending on who you are working with, they may require a significant sales percentage which will decrease your take home money.
In this article, we'll take a closer look at gun consignment and help you determine whether it's the right option for you. We'll explore the benefits and drawbacks of gun consignment, the types of firearms that are best suited for consignment, and how to find a trustworthy dealer to get you a fair price. By the end of this article, you'll have a better understanding of gun consignment and whether it's the right option for you to sell your firearms.
Gun consignment sales offer a convenient method for firearm owners to sell their firearms through consignment stores, pawn shops, or third-party dealers. This means that you wait until the firearm has sold from their store to receive payment. The process generally consists of the following steps:
Begin by researching and identifying a trustworthy partner that provides gun consignment services. Ensure the business has a valid FFL, a strong reputation, and a track record in successful consignments. You will want to choose a company that will know how to market and sell your firearm for the best price. If you can find someone that has specific knowledge and interest in your make and model of firearm you will set yourself up for success.
After choosing your consignment partner, they will need to thoroughly evaluate the firearm and its condition, and begin researching the fair value to expect from the sale. Make sure you give them any pertinent information that may add to the value of the gun.
Following the evaluation and pricing research, the consignor should establish a fair selling price based on the gun's condition and current market values. This will give you an understanding of what you should expect to be able to sell the gun for in regular market conditions.
Next, the consignor assumes the responsibility of marketing the firearm to prospective buyers. This may involve listing the gun on their company website, showcasing it in their store, and promoting it within their network. Ensure you choose a consignment partner who has the ability to reach a broad audience and gain maximum exposure for your firearm beyond their local shop.
Upon finding a buyer, the dealer will manage the transfer of the firearm as well as the payment process. The seller, or consignee, can expect to receive a percentage of the sale price, minus any selling costs, dealer fees, consignment fees, or commissions.
We have crafted a world-class gun consignment option for our sellers that makes the selling process more efficient, effective, and rewarding. Consigning with Cash for Arms offers many advantages, including:
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To provide you with additional peace of mind, we offer a guaranteed cash minimum for your consigned firearms. This means that even in the rare event of an underperforming auction or unforeseen circumstances, you'll still receive a predetermined minimum amount for your guns, ensuring that you receive a fair price even during a black-swan event.
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Our team of professionals manages all aspects of the consignment process, from evaluating your firearms to marketing and finalizing the sale. This comprehensive approach allows you to focus on other important matters while we take care of the rest.
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By choosing Cash for Arms, your firearms will be listed on a firearms platform which boasts over 3 million gun enthusiasts. This extensive network increases your chances of reaching a wider audience and ensures that your firearms get the attention they deserve.
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To further boost your firearms' visibility, our team writes expertly optimized titles, subtitles, and descriptions. This meticulous approach helps attract more interested buyers and increases the likelihood of your gun selling for more money.
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Our experts ensure that your firearms are in prime condition for sale by conducting a thorough cleaning and capturing professional photographs using high-end cameras, lenses, and custom lightboxes with black velvet presentations. This attention to detail showcases your guns in the best possible light, making them more appealing to potential buyers.
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Whether you have a single gun, a few guns, or an entire collection of guns, we will treat your sale like our own, and work tirelessly to get you top dollar. You will receive 85% of the net proceeds from the sale after auction fees and the cost of shipping. This ensures that you get the best possible price for your guns without any hidden costs. As a partner, when you win, we win.
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At Cash for Arms, we understand the importance of transparency and fairness in our fee structure. Our competitive and client-oriented fees are designed to ensure that you receive the maximum value from your consigned firearms. Our fees amount to only 15% of the net sales value, which is calculated as the sale price minus the auction fees (5% on average) and the cost of shipping (approximately $30 per gun).
This approach means you will receive 85% of the net proceeds from the sale, leaving you with a larger share of the profits while still benefiting from our comprehensive consignment services. We believe in building a partnership with our clients, and our fee structure reflects this philosophy – when you win, we win.
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At Cash for Arms, we pride ourselves on being more than just gun buyers and consignors – we are firearm curators. Our team is passionate about treating your property as if it were our own, handling your firearms with the utmost respect and care. This dedication ensures that your valuable possessions receive the protection they deserve throughout the entire consignment process. Yes, we buy guns, but we do a whole lot more!
So what does this mean for you? Instead of taking your gun to multiple local shops or spending Lots of time researching to find out who will market your gun well for you, you can give us the information and let our team expertly market your gun to millions of people who are in the market right now. We handle all the transactions and transfer fees and you get a check and get your gun sold fast for a guaranteed price.
When considering firearms consignment, there are several factors that you should keep in mind to ensure that you have a positive experience. Here are some key factors to consider:
It's crucial to find a reputable and experienced dealer that you can trust to handle the sale of your firearm. Look for a consignment store with a good track record and a large number of positive reviews from past customers. Also, when you speak to the business or visit their shop, interview them on their method for selling. Ask whether they will primarily target local buyers or utilize online auction platforms to reach a much larger audience.
Ensure that the dealer you choose is fully compliant with all federal, state, and local laws governing the sale of firearms. This includes proper licensing, background checks, and following the correct transfer procedures. Working with a dealer who adheres to these legal requirements helps protect you from potential legal issues. Cash for Arms is legal in all 50 states and has a clean record of hassle free sales.
Understand the consignment fees that the dealer charges for their services. Fees can vary and may include a flat rate, a percentage of the sale price, or a combination of both. Clarify these fees upfront to avoid surprises later on.
Gun consignment fees vary depending on the dealer or consignment service you choose. On average,estimates state that the typical gun consignment fee to be between 18%-22%. We have seen some dealers charge fees all the way up to 30% of the net sales value.
It's essential to research and compare different consignment services to find a fee structure that aligns with your needs and preferences.
In our consignment system we let you keep 85% of the proceeds while doing all the marketing, shipping, transfer paperwork, and taking care of transfer fees for you!
Before committing to a dealer, review the consignment agreement carefully. This document should outline the terms and conditions of the consignment, including the responsibilities of both parties, fees, the duration of the agreement, and the process for handling disputes. Make sure you are comfortable with the terms before signing the agreement.
Cash for Arms has a reputation as a trusted option for gun consignment due to its commitment to providing a hassle-free selling experience, ensuring legal compliance, offering competitive consignment fees, and delivering outstanding customer service. By choosing Cash for Arms, you can be confident that your firearms are in the hands of experienced professionals who will work diligently to secure the best possible outcome for your consignment sale.
There definitely are some benefits to marketing your firearm through consignment. Although there are a few drawbacks as well. We are going to hit the high points on why this is such a good option for most people looking to sell their Gun
Consigning your firearms eliminates the need for you to pay to advertise, negotiate, and ship the firearms yourself. The dealer takes on these responsibilities, making the process hassle and cost-free for you. Additionally it usually gives you a good inroad with gun shop owners that could possibly land you better deals if you choose to buy from them in the future, but that depends on the people you decide to work with.
Choosing to consign your firearm typically results in a higher return compared to trading it in. Since consignment dealers are experienced in valuing and marketing firearms, they can help secure a better selling price for your firearm. We have found that our consignment option gets great results for our clients and is worry free because of our guaranteed minimum payment.
When it comes to your money, consignment offers a safer approach. The consignor should only receive their commission after they successfully sell your gun, ensuring that your financial interests are aligned with the dealer's efforts to secure the top dollar for your firearm. Additionally, when you sell your firearm with Cash for Arms, you get an added layer of financial protection. With every consignment, we offer a cash minimum guarantee, meaning that even if your auction underperforms, you know your bottom line.
By consigning your guns with a reputable dealer, you gain exposure to a larger pool of potential buyers, increasing the likelihood of a successful sale. Dealers often have established networks of firearm enthusiasts and collectors, as well as a strong online presence, which can help attract more interest in your firearms. Cash for Arms, for example, professionally markets consignors' firearms on a marketplace with over 3 million gun enthusiasts.
Not only this, but consignment with a specific gun sales partner eliminated marketing your firearm to people that are not in the market. This means more opportunities for sale and less unconvinced tire kickers.
Consignment dealers are skilled in appraising firearms and setting appropriate prices based on current market values. This expertise helps ensure that you receive a fair market value for your gun, rather than accepting a lower offer in a private sale or trade-in.
Buyers also benefit from the gun consignment process, as they can access a diverse range of firearms at competitive prices, often lower than those found in retail stores. Additionally, consignment shops ensure the firearms they sell are accurately described and in good condition, providing the new owner with confidence in their purchase.
In conclusion, gun consignment offers an attractive option for both sellers and buyers, simplifying the selling process, ensuring fair market values, and providing access to a wider range of firearms for enthusiasts and collectors.
Now, let's take a look at the potential drawbacks.
While gun consignment offers several benefits, it's important to be aware of the potential risks involved. Here are some of the key risks to consider:
Most gun owners know of a story where a gun shop was broken into and someone’s consigned gun was stolen. Consigning your firearms basically puts ownership of them in the possession of a third-party business. While reputable dealers take measures to prevent theft, fire, or damage, there is always a risk that something could happen wrong to your firearm. Ensure that your consignment agreement includes protection for you so that you get paid even if your firearm is stolen, lost, or damaged.
At Cash for Arms, we take the security of our inventory very seriously. However, if anything happens to your firearms during the consignment process, we cover our consignors and pay them an agreeable fair price for their guns.
Depending on the terms of your consignment agreement, there may be a delay in receiving payment for your firearm. This could be due to factors such as the time it takes to find a buyer or the processing time for paperwork after the purchase. Cash for Arms guarantees payment within 30 days of our receiving your gun, as we process and auction the items we receive very efficiently.
As a gun owner, you are responsible for complying with all applicable laws and regulations. Consigning your firearm doesn't absolve you of this responsibility. Make sure you work with a dealer who is knowledgeable about these requirements and can help ensure that you're in compliance with the law. When selling your gun to a local buyer, your dealer's store may be required to run a background check on the person who buys it.
Make sure you are knowledgeable about the requirements in your state and are convinced that you have partnered with someone that will follow the laws and regulations related to the sale of your firearm.
Consigning your gun nationally is a huge benefit in most cases. In your area there may not be much interest in your firearm, but in another state it could be a hot item that isn’t supplied well. This is the primary benefit. Additionally, on a nationwide market may receive significantly more for your gun than if you sold it locally because there are more people competing for that item.
Each of these national gun consignment options has its unique strengths and offerings. By considering your specific needs and preferences, you can choose the consignment service that best aligns with your goals and expectations, ensuring a successful and satisfying experience.
Yep, still here. Cash for Arms offers both buying and consignment services for firearms, catering to your specific needs. If you want to sell your guns quickly for a cash offer, we can accommodate that. If you choose to partner with us for consignment we have an easy streamlined process with a guaranteed monetary return in a specified amount of time.
By opting for firearms consignment with Cash for Arms, you'll enjoy several advantages, including a guaranteed cash minimum, a stress-free selling experience, access to a large pool of potential buyers, market-ready preparation, expertly optimized listings, and personalized care.
Cash for Arms is dedicated to maximizing your sale value, making a positive difference in our clients' lives, and providing you with the peace of mind that your firearms are in good hands.
Rock Island Auction Company is one of the leading auction houses for antique and collector firearms. They specialize in consigning high-quality and rare firearms, curating an impressive inventory for discerning collectors.
With a well-established reputation and a comprehensive marketing strategy, Rock Island Auction Company can help you reach a wide audience of serious collectors and enthusiasts, ensuring that your consigned firearms receive the attention they deserve.
Lock, Stock, and Barrel is another respected option for gun consignment. They have experience in handling a variety of firearms, from antique pieces to modern guns, and can provide expert advice on the consignment process.
Their team is dedicated to providing personalized service, ensuring that your firearms are appraised accurately and marketed effectively to potential buyers.
When choosing a local gun consignment option, prioritize reputable gun shops that demonstrate a commitment to reaching a broad audience of potential buyers. This approach will help ensure that your firearms receive the attention they deserve and increase the chances of a successful sale.
While local consignment options can provide convenience, it is crucial to weigh their benefits against the potential drawbacks, such as limited marketing reach and expertise.
National consignment services like Cash for Arms, Dunlap Gun Consigners, Rock Island Auction Company, and Lock, Stock, and Barrel can offer wider exposure, expert appraisal, and marketing services, which may ultimately result in a more satisfying consignment experience.
Many local gun shops offer consignment services for firearms, providing a convenient option for those who prefer to deal with a nearby store. Before choosing a gun shop for consignment, inquire about their marketing strategies and sales reach. Keep in mind that some gun shops may only sell firearms locally, which can limit your potential buyers and lead to longer waiting times, delays, and possibly lower prices.
Pawn shops are another local option for consigning firearms. However, it is essential to exercise caution when considering a pawn shop for gun consignment. While they may accept firearms, their primary focus often lies in other areas, and they may lack the expertise and resources to accurately appraise, market, and sell your guns. Moreover, pawn shops may not be able to reach a wide audience of potential buyers, which can negatively impact the sale of your firearms.
When choosing a local gun consignment option, prioritize reputable gun shops that demonstrate a commitment to reaching a broad audience of potential buyers. This approach will help ensure that your firearms receive the attention they deserve and increase the chances of a successful sale.
While local consignment options can provide convenience, it is crucial to weigh their benefits against the potential drawbacks, such as limited marketing reach and expertise.
National consignment services like Cash for Arms, Dunlap Gun Consigners, Rock Island Auction Company, and Lock, Stock, and Barrel can offer wider exposure, expert appraisal, and marketing services, which may ultimately result in a more satisfying consignment experience.
Whether you are consigning rifles, shotguns, or handguns, our goal is to help make the selling process simple and easy, all while helping you achieve competitive market pricing. By carefully considering your options and selecting the right consignment service, you can ensure a smooth and successful transaction.
Remember to take into account factors such as marketing reach, expertise, fee structures, and the overall reputation of the consignment business. This way, you can be confident that your firearms will be sold at the best possible price and that you'll be paid fairly for your valuable possessions.
Talk to us, look into a gun consignment shop, or consult with a consignment service provider in person to discuss your needs and make an informed decision about the best course of action for selling your firearms. Happy selling!
If you are the rightful and legal owner of a firearm, you are able to sell it. If you are unable to legally possess firearms, due to prior felonies or other reasons, you will need to find a friend or family member to facilitate the sale on your behalf. We recommend familiarizing yourself with your local laws.
Sometimes gun enthusiasts regret the decision to sell their guns. If you accept our offer but then decide that you want to keep your guns instead, you can always change your mind before sending the items to us. Once we receive the items, however, we issue payment and the transaction is complete, so changing your mind after that point is not possible.
Your privacy is of the utmost importance to us. We are not required to and do not report the sale of firearms to the government. The transfer of ownership is handled by our FFL and we ensure your privacy during this transaction.
No, this is not a federal gun buyback program. We are a private company that buys firearms from individuals and dealers for resale.
Yes, we are a federal firearms licensee, licensed by the ATF. Our FFL can be confirmed by visiting the ATF’s FFL Lookup Tool, and typing in 1-59-XXX-XX-XX-52473.
Cash for Arms is a federally licensed dealer (FFL) . We are a federal firearms licensee ourselves, so you will be dealing directly with an FFL (us), and do not need to go through a second FFL/gun broker. It means we will be also your transfer agents/gun broker. Regarding this, you can conduct a background check on us if you want to verify this information. You can ask your local gun store for some legality details.
If you are the rightful and legal owner of a firearm, you are able to sell it. If you are unable to legally possess firearms, due to prior felonies or other reasons, you will need to find a friend or family member to facilitate the sale on your behalf. We recommend familiarizing yourself with your local laws.
Sometimes gun enthusiasts regret the decision to sell their guns. If you accept our offer but then decide that you want to keep your guns instead, you can always change your mind before sending the items to us. Once we receive the items, however, we issue payment and the transaction is complete, so changing your mind after that point is not possible.
Your privacy is of the utmost importance to us. We are not required to and do not report the sale of firearms to the government. The transfer of ownership is handled by our FFL and we ensure your privacy during this transaction.
No, this is not a federal gun buyback program. We are a private company that buys firearms from individuals and dealers for resale.
Yes, we are a federal firearms licensee, licensed by the ATF. Our FFL can be confirmed by visiting the ATF’s FFL Lookup Tool, and typing in 1-59-XXX-XX-XX-52473.
Cash for Arms is a federally licensed dealer (FFL) . We are a federal firearms licensee ourselves, so you will be dealing directly with an FFL (us), and do not need to go through a second FFL/gun broker. It means we will be also your transfer agents/gun broker. Regarding this, you can conduct a background check on us if you want to verify this information. You can ask your local gun store for some legality details.
The transfer process of your guns varies by state, so we encourage you to familiarize yourself with your own local law. In most states, the transfer process is simple and straightforward, and customers don’t need to do anything but sell their guns to our gun-buying service -- it’s as simple as that. In some states, you may need to complete and submit some documents to your state, which is why we give you a bill of sale with our FFL on it so that you can complete that transfer when needed. We are dedicated to complying with the law during every transaction.
Yes, like most other local gun shops, we do sell guns. Our business model is purchasing firearms from individuals and then reselling them online to our network of hundreds of thousands of gun buyers.
To buy a gun from us, you can participate in our penny auctions with no reserve price on various gun auction platforms. When you win, we accept payment with a credit card, personal check, certified check, or money order.
We do not offer formal gun appraisals, but we would be happy to make you an offer.
You can access our FFL using the EZ lookup tool at the top of our website. You can also see that the ship-to address on the labels we will send you is the same address as our registered FFL. Basically, any person who sells firearms is secured to transact with us, even first-time sellers.
Yes, we buy guns and gun accessories. However, if you only want to sell an accessory to us, it would need to carry substantial resale value in order for us to be able to make a competitive offer.
Yes, we buy gun ammunition. However, we are not able to make a competitive offer for your ammunition unless the value of the ammo is more than $200 (unless you’re selling other things to us). We can still make you an offer, but the fixed costs of each deal may eat into the offer substantially. If you have rare ammo or a large quantity or it, then we would be able to make a fair offer to you for your ammunition by itself.
Yes, we buy all kinds of black powder weapons, including black powder rifles and black powder pistols.
We are not currently buying NFA Class 3 weapons or other firearms that fall into this category. However, we are in the process of getting licensed for it and are expecting to have this ability in the coming months.
Yes, we do buy air guns of all kinds.
We are a national firearm buyer and do not currently buy BB, airsoft, or paintball guns. If you need to sell any of these items, we recommend using eBay or Craigslist to find a buyer.
Yes, we buy all kinds of hunting and sporting gear. As long as the resale value of your gear is more than $200, we can make you a competitive offer for it.
Yes, we buy our clients’ entire gun collections. We can also buy part of your gun collection, or help you maximize the value of your collection through our Cash Consignment program.
Yes, we buy collections of all sizes and values. If you'd like to sell your gun collection, click the 'Sell a Gun Collection' button at the top of this page.
To sell your gun online in Cash for Arms, first, you need to submit your guns for sale here on our website. Once we receive the information about the gun you want to sell, we will make a money-in-your-pocket offer for the gun within 24 hours. If you accept the offer, we provide pre-paid shipping labels and instructions. Upon receiving the gun, we will inspect them and if everything is as described, will issue your payment within 24 hours via ACH direct deposit transfer to your bank account or check.
To get an offer for your gun, just fill out the submission form on our website. After that, our team will send a cash offer within 24 hours of your submission. If you don't want to use the online form, go to the bottom of our site and click the ‘Print Submission Form’ button. Then fill out the form and email it to us at support@cashforarms.com or fax it to (904) 484-9899.
If you don't want to use the online form, we have a more traditional option for you. Go to the bottom of our website and click the ‘Print Submission Form’ button. Fill out the form and email it to us at support@cashforarms.com or fax it to (904) 484-9899. Then, we will send you an offer to buy your guns. Make sure to include pictures. A good picture is very important for us to assess your gun.
If you would like to speak to one of our gun specialists about selling your guns, you can schedule a 15-minute consultation by clicking here. We encourage you to submit your guns for an offer first, and then, if you are happy with your offer, or have questions, a consultation may be more helpful at that point. If you are trying to get a formal appraisal or answer other questions about your guns, you can try going to your local gun shops.
We buy guns quickly, and the speed of the process is up to you! If you accept our offer, we will provide shipping instructions, and as soon as we receive the items, we will send payment within 24 hours. The faster you can get the items to us, the faster you'll get paid!
The ownership transfers once we review your guns, check them in, and issue your payment.
When we buy guns, we either keep the guns for our own investment vault or resell the firearm to buyers who are legally eligible to purchase them. We ensure all sales comply with local, state, and federal laws.
Payment email is sent after items are received. The customer selects the payout method in the email: ACH transfer, Print out a check for the same-day mobile app or bank teller deposit, or Paper check mailed with no transfer fee.
Our goal is to provide a fair offer to every seller, and we routinely pay more than other options. It is impossible to give a precise number without evaluating each individual firearm, so please submit them at our site cashforarms.com, and we will send a fair offer promptly. For our clients who believe their weapons are worth more, we offer a cash consignment program. Here are the details:
Payments are issued within 24 hours of the date of receiving and processing the firearm.
Shipping is easy. We provide pre-paid shipping labels and instructions once you accept our offer, and then you are responsible for shipping the firearm to us.
If a package is damaged by the carrier, or lost in transit, we stand by and cover our sellers, honoring the full payout. However, if the items are damaged due to poor packaging, an insufficient box that was too small, or too weak for the items, then a reduction would take place as insurance doesn't cover careless packaging.
To ship your ammo, you will need to pack it securely in a completely separate box on its own. Ammunition isn't allowed to be shipped in the same box as guns, so it has to go by itself. You will affix a special symbol to the box, and then ship it to us.
