Anyone interested in buying and selling guns legally needs to be in possession of a Federal Firearms License (FFL). If you fall into that category, then you may already be aware that there are 3 distinct FFL Classes, each of which has their own benefits. The Class 1 license is mainly for importers of weapons, while the Class 2 license is for manufacturers and dealers at the factory level. These don’t really apply to the average buyer and seller of guns, which is why the Class 3 weapons license may well be the way to go.
The Class 3 license is an absolute must if you want to buy and sell weapons, which includes full automatics. While you might assume that a license that is so far-reaching would be a costly purchase, you will be surprised to learn that you can get one for as little as $200. There are, as you might expect, a few stipulations in place, but they are not so severe as to prevent all but a few from being able to obtain a Class 3 weapons license. It is worth investing some money on a guide that shows you exactly how to obtain your license so that you can quickly take advantage of all the benefits.
If you are planning on getting into the business of buying and selling anything, you want to be sure that you can make a decent profit with every sale. With a Class 3 license, you get that, as you are looking at only paying 70% of the price that you would pay if you were purchasing the same weapon in brick and mortar guns store. That leaves an awful lot of room for profit, and you should have no problem recovering your investment towards the cost of the license with just a few sales.
Real money can be made by those people who have the knowledge and skill to manufacture their own weapons. Part of the cost of buying manufactured weapons covers the costs of paying the people who make them. With a Class 3 FFL, you are absolutely free of the burden of manufacturing and concentrate on selling the weapons and make a profit.
It’s not just the weapons themselves that can be sold, as there is a lot of call for accessories, too. Items like gun stands and silencers can be sold when you own a Class 3 license, and all those items can help build your buying and selling business. The first step in doing all the things we mentioned here is knowing what it takes to obtain the Class 3 license. It is always a good idea to be fully prepared, and if that means investing a few dollars to make sure that you are in a position to get your Class 3 FFL, then that is exactly what you should do.