Your winning bid plus 24.5%.
Exactly. That's pretty standard for online auctions. Keep that in mind when you're bidding. Know what you're willing to pay and give it a try. I've gotten some incredible deals in online auctions.
Thanks for the head up! I have never done any auction before so please help me understand. Is there a reserve minimum amount for the auctions? Could I win an auction If I am the only bidder for a firearm for $50 at the end of time?
Shouldn’t this be over in the vendors section considering it’s going through a company that receives a profit from the sale, requires 4473, and isn’t a person to person sale?
I may be incorrect but I believe it means that if you bid $1000 and win you pay $1000 + 15% + 9.5% for Kevin, so on $1000 gun you pay right at $1250. Remember that when you bid.. Then theres the shipping and FFL if shipped.
Why is this auction company putting things (and then promoting) in the classifieds?
I understand what the buyer pays, just trying to figure out why the extra “buyer’s premium”. I mean, if the auction company is all ready getting a commission, then?I may be incorrect but I believe it means that if you bid $1000 and win you pay $1000 + 15% + 9.5% for Kevin, so on $1000 gun you pay right at $1250. Remember that when you bid.. Then theres the shipping and FFL if shipped.
If the folks running the auction need to clear more money, why not just raise the commission instead of adding another fee.
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