i dunno if any1 is interested but ive been getting my guns on guns america and there is one guy who is letting us put guns on layaway till december 31st of 2009 with a 10% down and a payment of your choice every 30 days.. I dont work there and im not even from the same state but the guy is a great business man and the pistols ive been getting are better than discribed when they arrive its a great deal for this recession just thought id share the wealth! his business if union outfitter from west virginia.
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guns on end of year layaway till dec 31st 09
- Thread starter JMC1985
- Start date
Be carefull. What happens if he goes out of business, or gun laws change before you can take delivery of your lay-a-way, or your financial situation changes - you have lost your money.
Save your money until you have enough to buy the gun - and Im sure you will find it available for sale when you do.
Save your money until you have enough to buy the gun - and Im sure you will find it available for sale when you do.
Fox hit on some good points. Ussually companies that are hurting for business will start "thinking outside the box" and come up with new ideas to make it easier for their customers. It may be a legitimate idea or it may be an act of desparation.
It is an interesting idea though.
It is an interesting idea though.
seanc
NES Member
Here is the deal with layaways.. If the sale drags out to completion, it is a loser for the seller. Unless they have covered their cost for the item in the initial deposit, it could take them 30+ days before they are to the point of breaking even, and then in a lot of cases 3mo+ before they see any profit for the item. It ties up money, stock and space for long periods of time. It is very bad for attractive products and is really only good for their sludge inventory (to make it finally go away). 50%+ of layways never go through to completion.
On the upside..
@ 10% of layaways just get forgotten about (in many cases, the person that put the item on layaway is too embarrassed to ask for their money back or feels that they will get talked back into putting more money down or feeling obligated to buy the item). So, it can be a small profit source. Also, in many cases the money put down on layaway will not be refunded, store credit only..
Not that this is the situation.
I have known at least one place that will put the same item on layaway for several people. Collect the money as things go along. And then the first one that pays 100% gets the item. (playing the numbers and knowing that most laways never go through to completion anyway). Others wouldbe told something to the effect that the item on layway has either gone missing, your next payment wasn;t made on time, etc.. or has suffered a horrible accident and is no longer sellable (no cash refund, store credit only).
Being far away and not having direct access to the product is not doing you any favors. And to echo the above.. If you want it and can afford it, buy it. You will never get a great deal on any sort of layaway situation as you do not have the cash clout leverage.
Layaway is only good for holding an item that you are not sure if you really want and giving a bit of time to make a rational decision. Or for getting a person to buy something that they really can't afford.
On the upside..
@ 10% of layaways just get forgotten about (in many cases, the person that put the item on layaway is too embarrassed to ask for their money back or feels that they will get talked back into putting more money down or feeling obligated to buy the item). So, it can be a small profit source. Also, in many cases the money put down on layaway will not be refunded, store credit only..
Not that this is the situation.
I have known at least one place that will put the same item on layaway for several people. Collect the money as things go along. And then the first one that pays 100% gets the item. (playing the numbers and knowing that most laways never go through to completion anyway). Others wouldbe told something to the effect that the item on layway has either gone missing, your next payment wasn;t made on time, etc.. or has suffered a horrible accident and is no longer sellable (no cash refund, store credit only).
Being far away and not having direct access to the product is not doing you any favors. And to echo the above.. If you want it and can afford it, buy it. You will never get a great deal on any sort of layaway situation as you do not have the cash clout leverage.
Layaway is only good for holding an item that you are not sure if you really want and giving a bit of time to make a rational decision. Or for getting a person to buy something that they really can't afford.
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I've laid away guns since I was 18. Most good FFL's are happy to do it - especially if you pay on time. It gets inventory off their shelves to make room for new and gets cash in pocket. It's win/win...I'm sure there are exceptions.
seanc
NES Member
If you have proven yourself to be a good consistant customer and it gets you to come back and buy more then it is a win/ win.
It is a decision the seller makes to get you coming back and buying. If you have a good track record then for the seller it is a value add to a good customer. It also means that the seller is making less profit per deal (compared to selling outright to somebody) and making it a long term relationship sale.
The numbers don't lie. The longer it takes a seller to move an item, the less profit they make.
Layaway plans are typically a sales technique to encourage buyers to make impulse purchases of items they can't afford and are generally only beneficial to the buyer if there is significant possibility that the item may not be available at its current price when the money becomes available.
