User Panel
User Panel
User Panel
|
Posted: 12/14/2016 3:06:56 PM EDT
[#1]
just sell it.you'll be out the 200 bucks for the tax, but that is the choice you made
|
|
|
|
Posted: 12/14/2016 3:09:47 PM EDT
[#2]
Quote HistoryQuoted:
just sell it.you'll be out the 200 bucks for the tax, but that is the choice you made Actually I'll get my $200 back from the ATF. As I wrote in the original post, I've already verified this. It will just likely take 6-8 mos to get that money back. My question isn't whether I should sell it, it's am I going to have any issues selling it with my trust info on it? Does that pose any legal ramifications down the road or does it diminish the value, make it undesirable for a potential buyer, etc.? |
|
|
|
Posted: 12/14/2016 3:13:38 PM EDT
[#3]
Quote HistoryQuoted:
My question isn't whether I should sell it, it's am I going to have any issues selling it with my trust info on it? Does that pose any legal ramifications down the road or does it diminish the value, make it undesirable for a potential buyer, etc.? No legal ramifications, but it's no longer as desirable to a buyer with your stuff engraved on it. To be clear, *I* wouldn't want to buy a firearm with your custom engraving on it unless you gave me a real sweet deal on the price - it's just a marked-up, used gun, now. |
|
|
|
Posted: 12/14/2016 3:48:41 PM EDT
[#4]
Agreed its going to matter to who I think the buyers that are interested in this firearm are. I would look at filling your trust info with a epoxy, or solder then refinish for best value.
|
|
|
|
Posted: 12/14/2016 8:22:27 PM EDT
[#5]
No legal issues at all. But it will be worth less money since most people won't buy it with your info engraved on it unless it's a killer deal. The grey paint will probably cause similar issues with the sale.
|
|
|
|
Posted: 12/14/2016 8:34:06 PM EDT
[#6]
The $200 Tactical Gray Cerakote job hopefully increases the value, albeit to the right buyer. Regardless, it sounds like this is a losing proposition for me to try and sell it given the engraving and custom color.
|
|
|
|
Posted: 12/14/2016 9:37:17 PM EDT
[#7]
Quote HistoryQuoted:
The $200 Tactical Gray Cerakote job hopefully increases the value, albeit to the right buyer. Regardless, it sounds like this is a losing proposition for me to try and sell it given the engraving and custom color. Honestly, it would decrease it to everyone that didn't want that color. To be blunt, you will probably take a $30% hit. That's my opinion anyway. |
|
|
|
Posted: 12/14/2016 9:38:09 PM EDT
[#8]
double
|
|
|
|
Posted: 12/14/2016 9:40:16 PM EDT
[#9]
I don't want one in that caliber but I'd just go ahead and try and sell it for $50 less than they normally sell for used.
I would NOT waste anymore time or money trying to mess with your engraving. |
|
|
|
Posted: 12/14/2016 9:40:28 PM EDT
[#10]
Is taking a loss on it more important than just holding on to it and finishing the build? I think once you get done with it you'll probably like it a lot.
|
|
|
|
Posted: 12/15/2016 4:48:19 PM EDT
[#11]
Between the engraving and the cerakote, it'd have to be a steep discount to get me to jump in on it. While the cerakote is nicer than Arsenal's factory paint, the color is bad-wrong for an AK and it'd need to be corrected. The engraving is a nuisance of an eyesore, but that could be welded/soldered over and refinished too. But none of that is "cheap" so I'd be expecting around 40% off between blasting, filling the engraving, and refinishing. If the election turned out differently, maybe it'd have retained a good value, but as it stands you are going to take a beating.
Having done a bunch of Form 1 SBR builds on my trust, I've accepted that selling is going to either require taking them off the registry and refinishing, or selling at a painful discount. Have to make sure you really, really, really want it when you go that route. |
|
|
|
Posted: 12/15/2016 6:45:07 PM EDT
[#12]
Quote HistoryQuoted:
Between the engraving and the cerakote, it'd have to be a steep discount to get me to jump in on it. While the cerakote is nicer than Arsenal's factory paint, the color is bad-wrong for an AK and it'd need to be corrected. The engraving is a nuisance of an eyesore, but that could be welded/soldered over and refinished too. But none of that is "cheap" so I'd be expecting around 40% off between blasting, filling the engraving, and refinishing. If the election turned out differently, maybe it'd have retained a good value, but as it stands you are going to take a beating. Having done a bunch of Form 1 SBR builds on my trust, I've accepted that selling is going to either require taking them off the registry and refinishing, or selling at a painful discount. Have to make sure you really, really, really want it when you go that route. All fair points. Appreciate the input, guys. |
|
|
|
Posted: 12/15/2016 10:07:49 PM EDT
[#13]
Just my opinion, but I have yet to regret any SBR I have done. I've sold a couple due to necessity, but wish I didn't. These rifles really shine once cut down, I don't think you'd regret keeping it.
|
|
|
|
Posted: 12/15/2016 11:18:17 PM EDT
[#14]
Quote HistoryQuoted:
Just my opinion, but I have yet to regret any SBR I have done. I've sold a couple due to necessity, but wish I didn't. These rifles really shine once cut down, I don't think you'd regret keeping it. Probably will just keep it as it will require too much money and effort to make it sellable. I'd just be throwing money away. Hopefully once it is approved to get shortened and the barrel gets chopped and the gas restrictor gets drilled out, it will be a cool little PDW. |
|
|
|
Posted: 12/16/2016 3:38:13 PM EDT
[#15]
I think that's a pretty rifle, I like the color. If I was in the market for a 5.45 i'd sure make an offer on it.
You should keep it OP, these loss-of-interest-in-one/gotta-have-this-new-thing moments are so common for gun enthusiasts, but you'll be kicking yourself down the line if you sell it. Hang tight and just save up the money for the new thing you want. |
|
|
|
Posted: 12/16/2016 3:52:29 PM EDT
[#16]
Quote HistoryQuoted:
I think that's a pretty rifle, I like the color. If I was in the market for a 5.45 i'd sure make an offer on it. Quote HistoryQuoted:
I think that's a pretty rifle, I like the color. If I was in the market for a 5.45 i'd sure make an offer on it. Thanks Dragynn. Quoted:You should keep it OP, these loss-of-interest-in-one/gotta-have-this-new-thing moments are so common for gun enthusiasts, but you'll be kicking yourself down the line if you sell it. Hang tight and just save up the money for the new thing you want. I go through those moments a lot. It drives my wife nuts. It drives me nuts! And for the record, that *new* thing I want: PRI Mk 12 Mod 0 Retro Gen II. 
|
|
|
|
Posted: 12/16/2016 3:53:18 PM EDT
[#17]
This is exactly why I decided against going SBR. You can't even bequeath it without the recipient getting his own stamp and having it re-engraved. Plus, with the pistols you can get with the wrist brace, that can be freely traded to anyone who can have a hand gun, the SBR to me becomes irrelevant.
|
|
|
|
Posted: 12/16/2016 4:15:30 PM EDT
[#18]
|
|
|
|
Posted: 12/16/2016 5:05:24 PM EDT
[#19]
Quote HistoryQuoted:
This is exactly why I decided against going SBR. You can't even bequeath it without the recipient getting his own stamp and having it re-engraved. Plus, with the pistols you can get with the wrist brace, that can be freely traded to anyone who can have a hand gun, the SBR to me becomes irrelevant. Nothing needs re-engraved when you sell a form 1 SBR |
|
|
|
Posted: 12/18/2016 12:47:33 PM EDT
[#20]
|
|
|
|
Posted: 12/18/2016 2:08:56 PM EDT
[#21]
Quote HistoryQuoted:
Nothing needs re-engraved when you sell a form 1 SBR Quote HistoryQuoted:
Quoted:
This is exactly why I decided against going SBR. You can't even bequeath it without the recipient getting his own stamp and having it re-engraved. Plus, with the pistols you can get with the wrist brace, that can be freely traded to anyone who can have a hand gun, the SBR to me becomes irrelevant. Nothing needs re-engraved when you sell a form 1 SBR And using a trust negates the "You can't even bequeath it without the recipient getting his own stamp" Pretty sure even if you don't use a trust, there is no fee on the transfer after the owners death. |
|
|
|
Posted: 12/18/2016 4:05:32 PM EDT
[#22]
Quote HistoryQuoted:
Pretty sure even if you don't use a trust, there is no fee on the transfer after the owners death. No tax if it goes to an heir. If it's sold out of the estate to someone other than the heir, it's a tax-paid transfer. |
|
|
Win a FREE Membership!
Sign up for the ARFCOM weekly newsletter and be entered to win a free ARFCOM membership. One new winner* is announced every week!
You will receive an email every Friday morning featuring the latest chatter from the hottest topics, breaking news surrounding legislation, as well as exclusive deals only available to ARFCOM email subscribers.
AR15.COM is the world's largest firearm community and is a gathering place for firearm enthusiasts of all types.
From hunters and military members, to competition shooters and general firearm enthusiasts, we welcome anyone who values and respects the way of the firearm.
Subscribe to our monthly Newsletter to receive firearm news, product discounts from your favorite Industry Partners, and more.
Copyright © 1996-2024 AR15.COM LLC. All Rights Reserved.
Any use of this content without express written consent is prohibited.
AR15.Com reserves the right to overwrite or replace any affiliate, commercial, or monetizable links, posted by users, with our own.
