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AR15.COM
3/24/2009 12:06:59 PM EDT
If one were to walk into a gun shop and work a trade for handguns - I trade handgun A for dealer handgun B - does the WI 48hr waiting period still apply?
3/24/2009 12:26:39 PM EDT
[#1]
Yes it does. The dealer still has to follow protocol as if it were normal sale.
3/24/2009 2:54:13 PM EDT
[#2]
Quoted:
Yes it does. The dealer still has to follow protocol as if it were normal sale.


Correct.  Basically you just traded your old pistol in for cash and used the cash to buy the new one.
48 hrs still applies so you can "cool down."
3/24/2009 5:08:17 PM EDT
[#3]
You are most likely better off financially selling the gun here or on gun broker and then taking that cash to the dealer.
3/24/2009 5:11:51 PM EDT
[#4]
NEVER, ever trade-in a handgun at a shop.  You will get twice as much for it on the EE, paper, or craigslist.
3/25/2009 5:04:10 AM EDT
[#5]
Quoted:
You are most likely better off financially selling the gun here or on gun broker and then taking that cash to the dealer.


My purpose in asking was simply to get a second opinion for a co-worker.  He was under the impression that since the handgun he intended to trade was registered and a background check done at the time of purchase, that the previous background check (and waiting period) would suffice for the new handgun.  I tried to tell him it didn't work that way.

No question about selling a gun vs taking the hit on a trade.  I've told my co-worker that he'd be better off selling his Sig P220R and using the cash to put toward  the 4" 1911 he's in love with.
3/25/2009 7:45:53 AM EDT
[#6]
The only time the 48 hours does not apply is if you are redeeming a pawned handgun.  No waiting period.  The gun is already yours.  You are still subject to the State background check (in WI) and the $8 (or more) fee.
3/26/2009 9:58:46 AM EDT
[#7]
Quoted:
Quoted:
You are most likely better off financially selling the gun here or on gun broker and then taking that cash to the dealer.


My purpose in asking was simply to get a second opinion for a co-worker.  He was under the impression that since the handgun he intended to trade was registered and a background check done at the time of purchase, that the previous background check (and waiting period) would suffice for the new handgun.  I tried to tell him it didn't work that way.

No question about selling a gun vs taking the hit on a trade.  I've told my co-worker that he'd be better off selling his Sig P220R and using the cash to put toward  the 4" 1911 he's in love with.


First of all, the gun wasn't "registered" when he bought it. I hear this a lot too, from friends who don't know any better, and it's one my pet peeves. The only record of that exact handgun he purchased (make/model/caliber/serial number) is in the records ("bound book") kept by the FFL who sold it. There is no massive "database" nor "list" of who owns what.... at least not in WI.

The gun can be "traced" to him if he bought it from a FFL, NIB (BATF calls manufacturer to determine which wholesaler it was sent to, then from wholesaler they learn to which FFL it was sent to, from FFL they learn to which consumer it was sold to). Once the consumer disposes of it through private sale or trade, the "official" trace ends.... even if it goes back to another FFL. Unless that FFL goes out of business and turns in his records to BATF, there's no way to determine where it has gone. This is NOT a true "registration". In a true "registration" system, a LEO agency can look up your name and have a "list" of every firearm you legally own. If/when you dispose of it, ownership must be transferred and reported to the govt to keep that list current. Such a system is on the top of every gun banners list.... because once they know what everyone owns, only then can they confiscate them.

Secondly, background checks are only valid for 30 days. Any transaction that takes place more than 30 days from the date a BC was run requires a new BC (and a new 48hr waiting period in WI, if it's a handgun).

3/29/2009 4:29:52 PM EDT
[#8]
You can't sell firearms on craigslist. That is what there rules say anyways..
3/29/2009 9:45:11 PM EDT
[#9]
3/30/2009 2:23:58 PM EDT
[#10]
Quoted:
Quoted:
Quoted:
You are most likely better off financially selling the gun here or on gun broker and then taking that cash to the dealer.


My purpose in asking was simply to get a second opinion for a co-worker.  He was under the impression that since the handgun he intended to trade was registered and a background check done at the time of purchase, that the previous background check (and waiting period) would suffice for the new handgun.  I tried to tell him it didn't work that way.

No question about selling a gun vs taking the hit on a trade.  I've told my co-worker that he'd be better off selling his Sig P220R and using the cash to put toward  the 4" 1911 he's in love with.


First of all, the gun wasn't "registered" when he bought it. I hear this a lot too, from friends who don't know any better, and it's one my pet peeves. The only record of that exact handgun he purchased (make/model/caliber/serial number) is in the records ("bound book") kept by the FFL who sold it. There is no massive "database" nor "list" of who owns what.... at least not in WI.

The gun can be "traced" to him if he bought it from a FFL, NIB (BATF calls manufacturer to determine which wholesaler it was sent to, then from wholesaler they learn to which FFL it was sent to, from FFL they learn to which consumer it was sold to). Once the consumer disposes of it through private sale or trade, the "official" trace ends.... even if it goes back to another FFL. Unless that FFL goes out of business and turns in his records to BATF, there's no way to determine where it has gone. This is NOT a true "registration". In a true "registration" system, a LEO agency can look up your name and have a "list" of every firearm you legally own. If/when you dispose of it, ownership must be transferred and reported to the govt to keep that list current. Such a system is on the top of every gun banners list.... because once they know what everyone owns, only then can they confiscate them.

Secondly, background checks are only valid for 30 days. Any transaction that takes place more than 30 days from the date a BC was run requires a new BC (and a new 48hr waiting period in WI, if it's a handgun).


This subject bothers the heck out of me also,but for a kind of different reason.With people already thinking that guns are registered they will not put up a fight when the government really tries to get gun registration passed  through congress.