Pawning a gun
Forum rules
Please keep it civil...
Please keep it civil...
-
- Member
- Posts: 100
- Joined: Sat Jan 21, 2012 5:35 am
- City: Otis Orchards
- State: WA
- Favorite Firearm: SR556
- Next Firearm: 300 win mag
Pawning a gun
Just wondering who in town gives the highest value for pawned guns.
- edzz
- SGT Premium Supporter
- Posts: 1834
- Joined: Sun Oct 28, 2012 6:36 pm
- City: Hayden
- State: ID
- Favorite Firearm: M-14
- Next Firearm: TBD
- SGT Supporter: Yes
- Location: North of CDA
Re: Pawning a gun
Go see Ron at
River City Pawn
505 E 6th Ave, Post Falls, ID 83854
(208) 457-9299
River City Pawn
505 E 6th Ave, Post Falls, ID 83854
(208) 457-9299
Ed
The Few
The Proud
Cum catapultae proscriptae erunt tum soli proscript catapultas habebunt.
The Few
The Proud
Cum catapultae proscriptae erunt tum soli proscript catapultas habebunt.
-
- Member
- Posts: 100
- Joined: Sat Jan 21, 2012 5:35 am
- City: Otis Orchards
- State: WA
- Favorite Firearm: SR556
- Next Firearm: 300 win mag
Re: Pawning a gun
I dont want to sell it
- bladebum
- Retired Global Moderator, SGT Administrator and Founding member
- Posts: 14106
- Joined: Wed Dec 30, 2009 1:14 pm
- City: Spokane
- State: WA
- Favorite Firearm: Glock 41
- SGT Supporter: Yes
- Location: Northeast Side
Re: Pawning a gun
+1
Fate whispers to the warrior, "You cannot withstand the storm" The warrior whispers back, "I am the storm"
"I am a sheepdog, I live to protect the flock and confront the wolf" Lt. Col. Dave Grossman
"Life is Short, Don't Waste It"
"I am a sheepdog, I live to protect the flock and confront the wolf" Lt. Col. Dave Grossman
"Life is Short, Don't Waste It"
-
- SGT Premium Supporter
- Posts: 932
- Joined: Sat Sep 28, 2013 4:47 pm
- City: spokane
- State: WA
- Favorite Firearm: M1A
- Next Firearm: Sig HK S&W
- Contact:
Re: Pawning a gun
I can give you a few thoughts on pawning as I worked for a local spokane pawnshop.
1st off as I remember it WA pawn interest is cheaper than ID, But that might have changed in the past year.
under 1k is like 13 to 15%
8% interest over 1k on a loan...per month! most loans are 90 days, so the true interest is 24% + fees like storage it can be 10$ storage for firearms. SO If I pawned my m1a for 1k, in 3 months it would cost me 24%+30$ storage+prep fees. So that 1k borrowed is now 1300 or 1400 depending on the fee's, to redeem it.
Price is a twitch thing though. If you have a good record with a pawn shop they will give you more than its valued at on a loan because you have been a good paying customer, if not you get the bottom price that they can find selling for on the internet. What you paid 10 years ago for that henry golden boy is irreverent to what they would have to sell it for. Loans are usual 1/3 or 1/2 of its actual worth, If a gun sells for 600 then expect 200 to 300 on a loan. Buying is usually 1/4 of value.
Pawn shops dont make money on selling things people have defaulted on, they make the money on returning customers paying off their interest on stored items.
Goodluck!
BTW I too have used ron at rivercity pawn on a few occasions, never pawned there though cause it was cheap in WA, but I liked the way I was treated.
1st off as I remember it WA pawn interest is cheaper than ID, But that might have changed in the past year.
under 1k is like 13 to 15%
8% interest over 1k on a loan...per month! most loans are 90 days, so the true interest is 24% + fees like storage it can be 10$ storage for firearms. SO If I pawned my m1a for 1k, in 3 months it would cost me 24%+30$ storage+prep fees. So that 1k borrowed is now 1300 or 1400 depending on the fee's, to redeem it.
Price is a twitch thing though. If you have a good record with a pawn shop they will give you more than its valued at on a loan because you have been a good paying customer, if not you get the bottom price that they can find selling for on the internet. What you paid 10 years ago for that henry golden boy is irreverent to what they would have to sell it for. Loans are usual 1/3 or 1/2 of its actual worth, If a gun sells for 600 then expect 200 to 300 on a loan. Buying is usually 1/4 of value.
Pawn shops dont make money on selling things people have defaulted on, they make the money on returning customers paying off their interest on stored items.
Goodluck!
BTW I too have used ron at rivercity pawn on a few occasions, never pawned there though cause it was cheap in WA, but I liked the way I was treated.
-
- Jr. Member
- Posts: 33
- Joined: Fri May 31, 2013 5:39 pm
- City: Cheney
- Favorite Firearm: Glock
- Next Firearm: .44 magnum
Re: Pawning a gun
If you're selling a gun and going through an ffl dealer is there still the waiting period for a pistol or can I walk out with it same day because it was still a private sale?
-
- SGT Premium Supporter
- Posts: 413
- Joined: Wed Feb 27, 2013 8:27 pm
- City: Airway Heights
- State: WA
- Favorite Firearm: marlin
- Next Firearm: .45
- SGT Supporter: Yes
Re: Pawning a gun
Pretty sure unless you have a CCP you will have the waiting period.
- Haynes and Sons Guns
- Local SGT Sponsor
- Posts: 6374
- Joined: Wed Jul 20, 2016 10:14 pm
- City: Spokane
- State: Washington
- Favorite Firearm: Glock
- Next Firearm: Hadron Enforcer
- Location: Spokane
- Contact:
Re: Pawning a gun
Still a waiting period, the second an FFL becomes involved, it is no longer just a private sale. Waiting periods are tricky in Spokane too, they tell you 10 business days, but if it comes in early, it is yours, which I have been seeing 4-5 business days or less. However there was a period not too long ago that they took a month, nothing you can do but wait, they are very specific at the state and county level, you cannot transfer in Spokane County until the paperwork comes back, no matter what the wait time.
Haynes and Sons Guns LLC
$35 Transfers- $25 Veterans, First Responders
PLEASE TEXT ONLY!
TEXT- (509)475-8125
We are members of and financially endorse and support:
The National Rifle Association, www.nra.org
The Second Amendment Foundation, www.saf.org
The Silent Majority Foundation, www.smfjb.org
The Conservative Ladies of Washington, www.conservativeladiesofwa.com
$35 Transfers- $25 Veterans, First Responders
PLEASE TEXT ONLY!
TEXT- (509)475-8125
We are members of and financially endorse and support:
The National Rifle Association, www.nra.org
The Second Amendment Foundation, www.saf.org
The Silent Majority Foundation, www.smfjb.org
The Conservative Ladies of Washington, www.conservativeladiesofwa.com
-
- Jr. Member
- Posts: 33
- Joined: Fri May 31, 2013 5:39 pm
- City: Cheney
- Favorite Firearm: Glock
- Next Firearm: .44 magnum
Re: Pawning a gun
But if I have ccp it's just like buying it brand new I can walk out same day the pistol
- Haynes and Sons Guns
- Local SGT Sponsor
- Posts: 6374
- Joined: Wed Jul 20, 2016 10:14 pm
- City: Spokane
- State: Washington
- Favorite Firearm: Glock
- Next Firearm: Hadron Enforcer
- Location: Spokane
- Contact:
Re: Pawning a gun
Yes, as long as you aren't delayed by the Feds.
Haynes and Sons Guns LLC
$35 Transfers- $25 Veterans, First Responders
PLEASE TEXT ONLY!
TEXT- (509)475-8125
We are members of and financially endorse and support:
The National Rifle Association, www.nra.org
The Second Amendment Foundation, www.saf.org
The Silent Majority Foundation, www.smfjb.org
The Conservative Ladies of Washington, www.conservativeladiesofwa.com
$35 Transfers- $25 Veterans, First Responders
PLEASE TEXT ONLY!
TEXT- (509)475-8125
We are members of and financially endorse and support:
The National Rifle Association, www.nra.org
The Second Amendment Foundation, www.saf.org
The Silent Majority Foundation, www.smfjb.org
The Conservative Ladies of Washington, www.conservativeladiesofwa.com
- Haynes and Sons Guns
- Local SGT Sponsor
- Posts: 6374
- Joined: Wed Jul 20, 2016 10:14 pm
- City: Spokane
- State: Washington
- Favorite Firearm: Glock
- Next Firearm: Hadron Enforcer
- Location: Spokane
- Contact:
Re: Pawning a gun
OH, btw, +1 for Ron at River City Pawn in PF! GREAT GUY!
Haynes and Sons Guns LLC
$35 Transfers- $25 Veterans, First Responders
PLEASE TEXT ONLY!
TEXT- (509)475-8125
We are members of and financially endorse and support:
The National Rifle Association, www.nra.org
The Second Amendment Foundation, www.saf.org
The Silent Majority Foundation, www.smfjb.org
The Conservative Ladies of Washington, www.conservativeladiesofwa.com
$35 Transfers- $25 Veterans, First Responders
PLEASE TEXT ONLY!
TEXT- (509)475-8125
We are members of and financially endorse and support:
The National Rifle Association, www.nra.org
The Second Amendment Foundation, www.saf.org
The Silent Majority Foundation, www.smfjb.org
The Conservative Ladies of Washington, www.conservativeladiesofwa.com
- Torakan
- SGT Premium Supporter
- Posts: 1368
- Joined: Tue Dec 28, 2010 4:42 pm
- City: CDA
- State: ID
- Favorite Firearm: AAC MPW
- Next Firearm: Uzi/MP5/Mac-10
- Location: Coeur D Alene, ID
Re: Pawning a gun
If you are a WA resident, can you pawn a firearm in Idaho?
Iraq Combat Veteran
Infantry Master Gunner
US Army Retired
Infantry Master Gunner
US Army Retired
- edzz
- SGT Premium Supporter
- Posts: 1834
- Joined: Sun Oct 28, 2012 6:36 pm
- City: Hayden
- State: ID
- Favorite Firearm: M-14
- Next Firearm: TBD
- SGT Supporter: Yes
- Location: North of CDA
Re: Pawning a gun
IIRC yes, Give Ron a call he can answer for sure.
Ed
The Few
The Proud
Cum catapultae proscriptae erunt tum soli proscript catapultas habebunt.
The Few
The Proud
Cum catapultae proscriptae erunt tum soli proscript catapultas habebunt.