GUN Why do gun shops charge more for credit purchases?

Discussion in 'On Topic' started by Accordinly Done, Nov 18, 2003.

  1. Accordinly Done

    Accordinly Done OT Supporter

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    Recently went in and saw 2 prices on each item and it seemed that credit was about 3% higher than cash.
     
  2. kellyclan

    kellyclan She only loves you when she's drunk.

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    Because the credit card companies charge them about 3% of the total sale price for using the the CC company.

    In order to advertise lower prices, most shops list a "cash" price. Firearms sales is a pretty low profit margin business, so complaints about passing the cost to customers are rare.
     
  3. taco

    taco Guest

    They are breaking their contract with the credit card company by doing that.
     
  4. Platinum_Thunder

    Platinum_Thunder Reliability for life and liberty

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  5. Furner

    Furner New Member

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    they can charge whatever they want.
     
  6. kellyclan

    kellyclan She only loves you when she's drunk.

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    You're correct, but as i said above:
    "Firearms sales is a pretty low profit margin business, so complaints about passing the cost to customers are rare."
     
  7. Accordinly Done

    Accordinly Done OT Supporter

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    I have only noticed this in one shop and online
     
  8. Pure Energy

    Pure Energy Guest


    It's all in the wording. Most shops will have a sign that says something like: "Prices reflect a 3% cash discount" The price isn't "higher" with a c, it's "cheaper" with cash.



    OMG!!! I just found the gun show loophole :squint:
     
  9. Furner

    Furner New Member

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    Now watch the feds write a law prohibiting a cash discount.
     
  10. J_75

    J_75 New Member

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    The federal gov't didn't implement any law to make it appear the prices of cash and credit sales are the same......the credit card companies did....it's the cost of doing business with them.

    It's how they make their money, and no one is forcing a store to accept credit.
     
  11. Furner

    Furner New Member

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    I understand that, but after a ban on cosmetic features, whats next?
     
  12. Accordinly Done

    Accordinly Done OT Supporter

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    Now that I think of it they said it was a SALE ......*fine print * cash only
     
  13. Furner

    Furner New Member

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    Ah, i see.
     
  14. Accordinly Done

    Accordinly Done OT Supporter

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    This is a scam!
     
  15. footratfunkface

    footratfunkface New Member

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    you're a scam.
     
  16. jrmy

    jrmy Guest

    may be b/c there is more crap and red tape they have to go through.
     
  17. Accordinly Done

    Accordinly Done OT Supporter

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    I am a scam
     
  18. footratfunkface

    footratfunkface New Member

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    your mom's a scam.
     
  19. kellyclan

    kellyclan She only loves you when she's drunk.

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    Oh snap! Guess what i saw! :eek3:
     
  20. spankaveli

    spankaveli OT Supporter

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    i see it on forums all the time

    "add 3% for paypal" etc etc
     

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