Cabela's and Gun Trade ins

When it comes to selling old, or used firearms..it comes down to..profits vs Time.
Unless you are selling a rare model, war trophy, special edition, low serial number, hard to find, etc firearm, the longer you are willing to wait, your chances of getting more money for it increases.

If you want it gone fast..for whatever reason, you have to expect to get far less than retail. If you are not in a hurry, places like Gunbroker are the better choice.

If you like to gamble, a live auction is the most fun, but the most risk as well.

If you are not doing a consignment, and selling to someone like Cabelas...expect to take a bath. It's just capitalism, it's not personal. Need cash fast? It will cost you.

Just how it is.
As I have said, it has nothing to do with cash. It's about credit for trade. In any case I have decided to stand pat with what I have
 
Bought a few used rifles thru Cabela's over the years, never got a bargain but happy with all I got.
Anyone who thinks they're not getting a fair price from trying to sell to someone who's gonna turn around and immediately put it back out for sale needs to stick to a private sale. Buy anything from a pawn shop and try to immediately sell it back, you'll be lucky to get half what you paid.
I have a small privately owned gun shop nearby who does the best deals on trade ins and outright cash sales. Half his inventory stock is used. Compare that to cabela's where their used sales are just a fraction of their total sales.
 
Like many Cabela's my local store offers a trade in where you can trade an older gun for a new one.of course they won't tell you how much they pay because they say that that depends on the gun and the condition and blah blah blah. have any of you had experience with trading in guns to Cabela's?

I worked there, so first hand experience. Send a PM if you want to know how the KCK store did things.
 
I have only once brought guns to the relatively local Cabelas to possibly sell, and I shall never do that again.

I had two that at the time I thought I should part with. One was a matching numbers gun and two magazines Bulgarian Makarov pistol plus holster, nearly mint condition.
The other was a 1909 Argentine Mauser in 7mm Mauser. Beautiful tiger stripped stock, in very good condition.

The makarov I can't remember why I had a hankering to sell it, but that's was what was on my mind. The mauser, as beautiful as it was, I had had a very bad sprain in my forearm,
and couldn't even lift it, so at that time, it had to go. (in hindsight, I should have just kept them, but oh well)

So, I first took them to my LGS I do most of my business with to get a value of what he would buy them for. It was low, so I went to Cabelas to see what they would offer me. After letting them know I had a couple of firearms to bring in, a tall male clerk paraded my cased guns through the store to the back, proudly proclaiming loudly I had guns to sell to them! I was embarrassed to say the least. After an hour of them taking my guns to the back, the original clerk emerged, giving me the "great news" that they could give me a $100 each! The way he said it, was like he was giving me the deal of the century! I politely said no, and this time no parade out the door of Cabelas.

Later I sold them for more then what the mighty C offered me, but still left a bad taste in my mouth thinking back on that. Other then doing window shopping, and checking on their dwindling ammunition stock while my local Bi-Mart and Ace Hardware has them beat in stock and price, I just never go in there hardly anymore.
 
I put anything I want to sell on consignment at my LGS for a cost of 20%. They are a full-range shop (vintage muzzleloaders all the way to the newest stuff) with high foot traffic, and an active GB account. Most everything moves in one to four weeks, and I pick-up my check. No fuss, no bother, and I am supporting a local family-owned small business where I have been a customer since age 11.
 
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It's not just about profit, it's liability. If they miss something when they inspect it and it doesn't work it may need an expensive repair or if it blows up on the next owner, that's a lawsuit.
I knew a gun dealer that needed insurance for his business but it was too expensive. So his solution was to have the building as a separate business in his wife's name. He would rent the building from his wife which protected his building in a lawsuit. He would then take out a loan from the bank to purchase his inventory because the interest rate was cheaper than insurance. If he got sued they would get the inventory and the debt attached to it because it's ultimately the banks property.
 
I tried the consignment at a local gun shop a few years ago. A Winchester marked M1 Garand. I had to do the 4473 and it sat for a couple months with no takers. I ended up getting it back, (another 4473...) and a member here bought it.
Not everywhere has local gun shops that do much business.
 
I do know with Sportsman’s Warehouse the math is even more murky. They will offer more if you trade to buy a gun sitting on the shelf. The murkiness comes from the fact they push that warranty program. Actuarial tables and what not come into play and if it’s something that’s known to get RMA’d a lot in a short period of time, they’ll either won’t offer you anything, or a low amount.

None of the Sportsman's Warehouses around here will touch a used gun with a 10 ft pole.
 
My Cabelas has a rust pitted Maverick 88 security they want over 400 dollars for.

Also had Remington 788 that was in fair condition for 650.

A CZ g2 side by side shotgun for 1,600!!
Sportsmans Warehouse down the road has one for 650.

One old man employee smelled like weed when he walked by. I mean like bad. My son said he must be the one that prices their used guns.
 
One old man employee smelled like weed when he walked by. I mean like bad. My son said he must be the one that prices their used guns.
:rofl::rofl::rofl:
Like Bush Pilot wrote - none of the Sportsman's Warehouses around here (that I know of) have any used guns.
I've traded/sold a few guns to Cabela's over the years. I always done a little better selling guns through consignment at local gun stores. Trading/selling guns to Cabela's was always quicker and easier though, so I've never minded much (or for too long) if I was out a few bucks.
 
Bought a few used rifles thru Cabela's over the years, never got a bargain but happy with all I got.
Anyone who thinks they're not getting a fair price from trying to sell to someone who's gonna turn around and immediately put it back out for sale needs to stick to a private sale. Buy anything from a pawn shop and try to immediately sell it back, you'll be lucky to get half what you paid.
I have a small privately owned gun shop nearby who does the best deals on trade ins and outright cash sales. Half his inventory stock is used. Compare that to cabela's where their used sales are just a fraction of their total sales.

I’ve had better luck through private sales and gun shows.
 
I put anything I want to sell on consignment at my LGS for a cost of 20%. They are a full-range shop (vintage muzzleloaders all the way to the newest stuff) with high foot traffic, and an active GB account. Most everything moves in one to four weeks, and I pick-up my check. No fuss, no bother, and I am supporting a local family-owned small business where I have been a customer since age 11.
This how I do it now days. My LGS takes 15% and my items always sell within a week or 2. Much better than trading it to him for less cash. If there is something I want I apply my funds to it with no tax added since tax was already paid on the money. Sometimes I just leave my cash on account so I can use it later . The key is pricing and between myself and my LGS we agree on a price that's fair and will move the firearm. No more tire kickers, answering ignorant questions or non paying bidders. I don't have to worry about shipping either and now days that's a pia. The only thing I have to do is pick up a check...
 
I’ve bought guns fro Cabelas and Bass Pros for many years. Would I sell my guns to either, heck no. I’d rather give the members on several different forums a shot at it, rather than sell to them. If forumites don’t want them, I know several reputable auction sites that get a decent price for them.
 
I tried the consignment at a local gun shop a few years ago. A Winchester marked M1 Garand. I had to do the 4473 and it sat for a couple months with no takers. I ended up getting it back, (another 4473...) and a member here bought it.
Not everywhere has local gun shops that do much business.

Interesting, I have never had to do a 4473 for consignments. Only time I fill out a 4473 is when one is transferred to me...
 
Interesting, I have never had to do a 4473 for consignments. Only time I fill out a 4473 is when one is transferred to me...

You definitely should have filled out a 4473 and the FFL definitely should have done the NICS check if he returned any firearms to you that you had on consignment with the FFL. The reason for this is the FFL has to log the firearms into their A&D, which will require a NICS check and 4473 when a firearm is returned to you.

Basically, the owner did a transfer/background check, when I brought it in and then when I got it back. Didn't cost me anything but I thought it was kinda odd.. o_O

I'll admit that it has been 20 years since I had my Type 2 Pawn Broker FFL. A Type 2 FFL can do a 4473/NICS check on persons that are pawning a firearm, that is optional and not a requirement to do so. A 4473 and NICS check is always mandatory when returning a firearm when kept overnight no matter what type of FFL the shop has.

When I had my Type 2, I would not do a NICS check when people pawned firearms if I knew the person and also knew that they were good to go and always passed the background check. Now if a person came in that I did not know and/or they acted a little nervous or were shady looking, then I would definitely do a 4473 and NICS check when taking their firearms in. That stopped a lot of thieve from trying to hawk stolen guns at my shop. And if they refused to do the background check I would let the local PD know so they could then investigate and check the firearms to see if they had been reported stolen.
 
No way would I let them take my gun to the back out of my sight.
Either they examine it out front or I go to the back with them.
 
You definitely should have filled out a 4473 and the FFL definitely should have done the NICS check if he returned any firearms to you that you had on consignment with the FFL. The reason for this is the FFL has to log the firearms into their A&D, which will require a NICS check and 4473 when a firearm is returned to you.

Never had one returned to me. Everyone I have taken to the LGS for consignment has sold. I get it if he returns it to me because he had to log it. I guess I should have made that point clear...
 
Never had one returned to me. Everyone I have taken to the LGS for consignment has sold. I get it if he returns it to me because he had to log it. I guess I should have made that point clear...

And that is correct when you give a Type 1 FFL gun to put on consignment, they do not need to a background check. The same goes for taking a gun to a gunsmith for repairs since they have to have a Type 1 FFL too.

Doing a NICS check and having the person fillet a 4473 is optional for a Type 2 Pawn Broker FFL when receiving a firearm in on pawn but is not required.

Guys with current Type 1 FFLs can answer if doing a 4473?NICS is even an option for them upon receiving a firearm.
 
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