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Gun Sale Myths Debunked: Truths about Selling Used Guns

January 13, 2025
8
2 revolvers and what looks to be a pistol displayed on an ammo box

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Table of Contents

General Questions & Answers

Is selling guns illegal?

Selling guns isn’t illegal, provided you follow the rules in your area. For example, if your state allows the private sale of shotguns, you’re not violating a law by putting yours up for sale.

Can I sell guns I’ve inherited?

Yes, you can generally sell guns you’ve inherited. If you’re not knowledgeable about guns and want to get the best price for them, take them to a gun dealer or appraiser. We can do that for you. You can even sell a gun collection to us with dozens of inherited guns.

Is selling guns on GunBroker legal?

Yes, it’s typically legal to sell guns on GunBroker. Just make sure you aren’t selling a firearm that’s listed as federal contraband or that you aren’t selling it to someone who’s ineligible. In other words, review the laws in your area to be sure!

Do guns have resale value?

Yes, guns generally have resale value. That value is dependent on factors like its make and model, condition, finish, and historical significance. The average resold gun can sell for at least 50% of its retail price, in general.

Are guns worth investing in for later resale?

Guns can be worth investing in for later resale. However, they can be hard to move at times, which puts them among the less dependable investments. The best guns to invest in for resale are arguably the ones with strong collector communities and limited supply for the foreseeable future, e.g. discontinued, high-demand guns.

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DISCLAIMER: Cash for Arms provides these guides to help readers but does not claim to offer legal advice. We aren’t lawyers and recommend you see your own lawyer or local authority for guidance to the laws. Those laws may also change faster than we can guarantee updates to the text.

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We value your interest in our services. Due to regulatory requirements, we can only accept contact information from individuals 21 years of age or older. However, individuals aged 18 and above are eligible to sell firearms through our platform. If you are between 18 to 21 years old, please exit this pop-up and refrain from providing your phone number. Those under 18 should leave the website. We appreciate your understanding and cooperation in adhering to these guidelines.

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We value your interest in our services. Due to regulatory requirements, we can only accept contact information from individuals 21 years of age or older. However, individuals aged 18 and above are eligible to sell firearms through our platform. If you are between 18 to 21 years old, please exit this pop-up and refrain from providing your phone number. Those under 18 should leave the website. We appreciate your understanding and cooperation in adhering to these guidelines.

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