1911 Firearm Addicts banner

1 - 13 of 13 Posts

·
Registered
Joined
·
858 Posts
Discussion Starter · #1 ·
So, I recently purchased my first gun off of gunbroker. The seller would only use guntab as payment. I had never heard of the company, and did an internet search but couldn’t find any actual reviews or discussion of the company, other than their website. I was a bit apprehensive, but continued with the purchase.

after completing checkout, I was emailed saying it would take a couple days to confirm funds and my FFL. In two days, I received another email saying they had released the funds and my gun would be shipped the next day. My friend, who is also my FFL, said they called him for a bit more information before it was completed.

the gun arrived today, 4 days after winning the auction. I know I’m just one user, but I was very pleased with the service of guntab. They advertise themselves as brokers for online firearms transactions. I hope this helps in case anyone else hasn’t used them and is in need of an actual users review, as opposed to company advertising.
 

·
Registered
Joined
·
858 Posts
Discussion Starter · #4 ·
So, whatcha get . . . . . ? :rolleyes:
Well, I believe you know exactly what I got, as I asked you a few questions. And, you were my inspiration for getting it.

66053550-77DA-46EC-8EA7-23E6157C0BB9.jpeg


A sistema 1927 that I won on gunbroker for what I believe was a good deal. I still don’t have it yet, hoping to head down to gun shop Monday or Tuesday.
 

·
...Terminal Addict
Joined
·
1,241 Posts
Thank you for the heads-up. Glad it worked out, and it looks like it was worth the leap of faith!
I had not heard of GunTab, and I probably would have been apprehensive of using the service.
 

·
Consider my signature line before replying . . . .
Joined
·
14,799 Posts
I know, but dang, I think you did good . . .

Always like additional pichers . . . .
 

·
Registered
Joined
·
412 Posts
It seems like they're operating as a sort of brokering service...only releasing funds to the seller once the receiving FFL has confirmed receipt. The mechanics of it interests me.

That said, did online purchases already involve a buyer, seller, and often two FFLs. Potentially also gunbroker. Did we really need another party involved?
 

·
Consider my signature line before replying . . . .
Joined
·
14,799 Posts
It seems like they're operating as a sort of brokering service...only releasing funds to the seller once the receiving FFL has confirmed receipt. The mechanics of it interests me.

That said, did online purchases already involve a buyer, seller, and often two FFLs. Potentially also gunbroker. Did we really need another party involved?
More of an escrow service.

I can only imagine that their fees must be less than Gunbrokers fees for processing payments or they wouldn't get much traction.

It definitely gives the buyer a bit more peace of mind and delays payment to the seller a bit. It also protects the seller against reversal of payment, for whatever reasons.

Z
 

·
Registered
Joined
·
412 Posts
They're charging 2.9% to the seller. Do they allow payment by card, or just linked bank account? I signed up but don't see anywhere they allow me to register a card.

Square is 2.9% for invoiced payments by card. PP is 3%. I've never used Gunbrokers payment service, I wasn't aware they had one.
 

·
Registered
Joined
·
1,244 Posts
Interesting. Did you pay extra to use the service? I know a lot of sellers in Gunbroker charge a CC fee. Would there be a fee on top of that? Thanks for the info


Sent from my iPhone using Tapatalk
 

·
Registered
Joined
·
858 Posts
Discussion Starter · #12 ·
They're charging 2.9% to the seller. Do they allow payment by card, or just linked bank account? I signed up but don't see anywhere they allow me to register a card.

Square is 2.9% for invoiced payments by card. PP is 3%. I've never used Gunbrokers payment service, I wasn't aware they had one.
The only option I could find was bank account. Kind of like using a check.
 

·
Registered
Joined
·
858 Posts
Discussion Starter · #13 ·
Interesting. Did you pay extra to use the service? I know a lot of sellers in Gunbroker charge a CC fee. Would there be a fee on top of that? Thanks for the info


Sent from my iPhone using Tapatalk
I’m sure the seller paid a fee, but my cost was just the winning bid amount.
 
1 - 13 of 13 Posts
Top