Trapshooters Forum banner

Status
Not open for further replies.
1 - 20 of 36 Posts

·
Registered
Joined
·
21,600 Posts
Discussion Starter #1
I would say most dealers that offer financing go thru seperate outside lenders. I would seek financing on his own and get the best rate possible then he can get the gun anywhere he chooses.
 

·
Registered
Joined
·
9,921 Posts
Suggestion for your friend. Purchase the best quality gun that he can afford to purchase with cash. If it's a Remington 870, so be it. A personal friend of mine sells high grade shotguns. One day I asked him if most of his customers pay cash? I was surprised to learn that he said many finance these guns. I can understand financing a home, maybe even a vehicle, but a gun, no. Just think, he finances a gun, than learns he can't shoot it. He most likely will take a big loss, with interest. It's his money, he will do what he wants, but I am speaking with 40 hours of shooting, and 40 years of banking experience behind me.
Steve Balistreri
 

·
Registered
Joined
·
120 Posts
Dupont-KGuns in Florida offers one point nine persent three year finance with twenty persent down. These are used guns that have been gone over by in house gun smiths.I have bought two guns there, an was very happy with Dupont.Hank
 

·
Registered
Joined
·
3,671 Posts
No need to finance---There are many great,cheap shooters out there---A friend of mine bought a BT 99 used for $500.00---He just broke 99---missed the last bird---There are many 1100s out there also---You won't find many new ones much better---I have a mod 12(y) that smokes em for $650.00 + shipping
I shoot K guns and I'll tell you my old superposed,mod12,and 1100s shoot great.

Don't finance---work your way up---JMT--SJB---
 

·
Registered
Joined
·
2,625 Posts
I've done two through Jaqua's and paid them off in 90 days and it was a nice way to go if you know you're gonna have the money soon. If you don't get it paid in 90 it goes to like 20% so you might just be better off putting it on a low-rate credit card.
 

·
Registered
Joined
·
650 Posts
I don't think financing a gun is a wise choice, however, many think nothing of financing a 40k dollar truck to have it only be worth a quarter of that after 5 years or so. My guess is that a high dollar K or P gun would not depreciate 75%.

Lyle
 

·
Registered
Joined
·
1,236 Posts
Buy the best you can afford with CASH. If you can't afford it you do not need it. I looked for a used high end gun that I could afford, and still enjoy the shooting that goes with it.
 

·
Banned
Joined
·
7,659 Posts
I don't want to look like a smug person,but in all seriousness interest keeps poor people poor & rich people richer. Honestly, gun cost is the cheapest factor in competitive trapshooting. If you have to finance a hobby---don't do it!!! When my wife & I lived on a cruising motor yacht for six years,people always asked us what did fuel cost & I said fuel was the cheapest aspect of the equation.

Family first, friends second, money third---toys way last (if you are on a budget) I'm not one to talk, never had a budget in my life-been too successful or lucky !!!

Phil Berkowitz
 

·
Registered
Joined
·
21,600 Posts
Discussion Starter #15
People buy 4-wheelers, motorcycles, boats and all kinds of other high dollar toys on credit daily and nobody bats an eye. If its what you want, i would see no difference in financing a gun than all the other toys. Just be sensable and smart when doing so. If its something you can pay back in a resonable amount of time i see no issue. If its omething thats gone make you and yours struggle weekly, forget it.---Matt
 

·
Registered
Joined
·
801 Posts
I put an $11000.00 K-80 on a very low interest rate Visa at the Grand. Sure glad I didn't ask some of you if it was OK to do that. My grandfather always said if you can't pay cash you can't afford it....that was like 50 years ago and he died owning nothing. The guy asked who finances gun purchases, and he's basically told if your too poor to pay cash you need to shoot a second hand 870 express. If you can afford the payments and it's something you want, buy it.GaryL.
 

·
Registered
Joined
·
15 Posts
With halkguns you can also test drive the gun you are interested in purchasing. I think you just have to get pre qualified and pay a nominal fee and they will ship you out a gun to try. Also if you can finance a gun with them at 1.9% for 3 years why would anyone pay cash for it?
 

·
Registered
Joined
·
1,137 Posts
EB, Shotgun Specialties, we have 12 month zero interest, same as cash. 24 and 36 month at 11.9%. This is on new and used for qualified apps. I'm at the Mo Fall Hdcp vending. cell signal is weak, my email is [email protected] or next week, 1-800-344-7468
Thanks, Doug
 

·
Registered
Joined
·
326 Posts
So everyone that owns a K gun that costs $20,000+ paid cash for it? Some people on here are so full of sh*t. If he wants to finance a gun, that's his choice. He didn't ask for your opinions on financing. I think it's stupid to finance a used car that costs less than $3 or $4,000. Some people are trying to build their credit. But if you can get 1.9% financing, what the h*ll is wrong with that??????????????????????????????????????????????????????????????

Rhett
 
1 - 20 of 36 Posts
Status
Not open for further replies.
Top