If you have a used gun that you want to sell, you're probably ready to start looking for potential buyers as soon as you can. Some like to act as private sellers when selling a firearm, and it is possible to find a private individual to sell to. However, there are safety and legal risks that go along with selling a gun in this way. Selling to an FFL dealer -- such as your local pawn shop -- is often much better than performing a private transaction. It's a great way to sell your firearm in a much quicker time frame, and it's safer and less risky, too. If it's your first time selling a gun to a pawn shop, or if you just want to know what to expect, these are a few useful tips to keep in mind.
Choose the Right Pawn Shop
In general, selling your gun to a pawn shop has many benefits over private sales. However, every pawn shop is not equal when it comes to selling your gun. When looking for prospective buyers, you should look for a pawn shop that pays great prices. If you're in or around Hampton Roads, there is one pawn shop that Virginia residents can count on for anything and everything related to guns: Chesapeake Pawn and Gun.
There are a few reasons why it's important to sell to the right pawn shop. For one thing, you'll want to be sure that the pawn shop is actually interested in buying your gun, since some pawn shops deal with more guns than others. You'll also want to pick a pawn shop that will abide by federal law and laws that are in place by the State of Virginia. Lastly, you'll want to choose a dealer that values your gun just like you do and who will pay the most. Luckily, Chesapeake Pawn and Gun checks off all of these boxes, making us one of the best pawn and gun stores in the Commonwealth of Virginia. Whether you're in Chesapeake or in the surrounding area, such as Virginia Beach, stop by with your gun to sell it today.
Do a Little Research
It pays to do a little research about the gun that you're selling before you visit a pawn shop. Then, you'll have an idea of what is and isn't a fair offer, and you'll have a little bit of negotiating power. For example, as you can probably imagine, if you're selling a like new gun (such as a new GLOCK), it's going to be worth more than some of the older and more worn-out firearms in your gun safe. Some firearms have a higher retail price than others, and some older guns -- such as certain vintage or antique firearms -- can fetch a high price at pawn and gun stores like Chesapeake Pawn and Gun. Doing your research beforehand can also help you determine which guns to sell; if you have a collection and want to get the highest price while still keeping one or more firearms for home defense, doing your research will help you figure out how to get the most money.
Prepare Your Gun and Yourself
Look through your gun safe for any guns that you're interested in selling. We buy semi-automatic firearms, long guns, handguns...pretty much anything. Once you've decided which guns you want to sell, take a minute to make sure they're unloaded and to put the safety on. Put them in a secured case before bringing them in, and always remember basic gun safety when in public spaces like our gun store.
You'll also need to make sure you're ready to sell your firearm, too. Luckily, this is easy. All you really need to do is bring in your government-issued ID. This is required when you sell anything to us, including a firearm.
Consider Your Alternatives
Selling to a superior pawn shop in Hampton Roads, such as Chesapeake Pawn and Gun, makes a lot of sense if you no longer want your gun. However, if you're looking for an alternative, we can help with that, too. For example, many gun owners who don't actually want to sell their firearms -- but who desperately need cash as soon as possible -- come to us to inquire about a pawn loan. Because we are a pawn and gun store with a federal firearms license, we are able to offer collateral loans on firearms. We'll determine the amount we would pay you if we were buying your gun, but we'll offer you a cash loan in that amount instead. This allows you to get your firearm back later, once you've repaid your loan, so it's an alternative for you to consider. If you're ready to sell your firearm to a pawn shop, don't hesitate to visit Chesapeake Pawn and Gun today. We're ready to help you with each step of selling your gun!