Class 3 dealers
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Old 02-05-2012, 04:39 PM   #1
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Default Class 3 dealers

Any Class 3 dealers willing to answer a few questions? You can pm me if you like.

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Old 02-06-2012, 12:45 AM   #2
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Sure. Ask away.

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Old 02-06-2012, 02:23 AM   #3
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How long to get approved once I send in app & fee?
Once I obtain the permit do I have to pay NFA fees?
How much should I charge for Class 3 transfer?

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Old 02-06-2012, 02:25 AM   #4
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If I purchase a pre-86 MG and decide to keep it do I have to pay a $200 tx fee?

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Old 02-06-2012, 02:28 AM   #5
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If the local Chief LEO signs the paper for a approval of a post-86 dealer-demo for possible approval / demonstration what happens to the weapon after? Do I as a class 3 dealer pay the $200 tx fee?

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Old 02-06-2012, 02:40 AM   #6
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Quote:
How long to get approved once I send in app & fee?
Are you talking about the fee for the FFL and SOT or are you talking about something else?

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Once I obtain the permit do I have to pay NFA fees?
The SOT is 500 a year. That exempts you from having to pay anything else.

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How much should I charge for Class 3 transfer?
Depends on your area. I charge 25 bucks, others charge 50-100.
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If I purchase a pre-86 MG and decide to keep it do I have to pay a $200 tx fee?
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If the local Chief LEO signs the paper for a approval of a post-86 dealer-demo for possible approval / demonstration what happens to the weapon after? Do I as a class 3 dealer pay the $200 tx fee?
Its yours to keep. Its called a "dealer sample".

If you have a SOT you do not have to pay, The 500 a year fee covers it.
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Old 02-06-2012, 03:04 AM   #7
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Quote:
Originally Posted by HotGuns View Post

Its yours to keep. Its called a "dealer sample".

If you have a SOT you do not have to pay, The 500 a year fee covers it.
Your's to keep? Not necessarily true. You keep post 86 dealer samples as long as you keep the Class III FFL. You give up the Class III, you have to part with the post 86 samples. Pre-86 transferrable weapons you get to keep when you let the FFL lapse.
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Old 02-06-2012, 03:05 AM   #8
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I have my FFL THE SOT is the question?

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Old 02-06-2012, 03:08 AM   #9
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If July 1st is the due date to pay the SOT how long do you think I should apply in advance? Or should I apply after July 1?

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Old 02-06-2012, 03:13 AM   #10
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You keep post 86 dealer samples as long as you keep the Class III FFL. You give up the Class III, you have to part with the post 86 samples. Pre-86 transferrable weapons you get to keep when you let the FFL lapse.
Yep. that is correct.

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If July 1st is the due date to pay the SOT how long do you think I should apply in advance?
I did mine in June...to give them time to process it. Once they cask the check, you are good to go.
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