Being an FFL in WNC, I charge $30 which breaks down to $28.10 for my troubles and $1.90 sales tax.
Some folks think they can beat my selling price on a new gun by going online and buy the same thing and save money.
That equates to their online price, plus shipping, plus sales tax (GB collects 7%) plus my $30 transfer fee. Are they saving money? Maybe, maybe not.
The $30 is about my profit on a firearm I sell. Now since NC now collects sales tax on "labor" (the transaction) I loose $1.90 of my profit. I been charging $30 since I started the business in 2005. If I sell a firearm from my inventory, no transaction fee is charged, just my County Sales Tax rate of 6.75%.
Some folks think they can beat my selling price on a new gun by going online and buy the same thing and save money.
That equates to their online price, plus shipping, plus sales tax (GB collects 7%) plus my $30 transfer fee. Are they saving money? Maybe, maybe not.
The $30 is about my profit on a firearm I sell. Now since NC now collects sales tax on "labor" (the transaction) I loose $1.90 of my profit. I been charging $30 since I started the business in 2005. If I sell a firearm from my inventory, no transaction fee is charged, just my County Sales Tax rate of 6.75%.