guns 4 pennies

Discussion in 'Feedback Forum' started by CSA95, Oct 18, 2011.

  1. CSA95

    CSA95 New Member

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    has anybody used this site before and is there some sort of catch to it? also how are the firearms so cheap?
  2. jack404

    jack404 Former Guest

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    simple answer , they aint ..

    this is s stooge suction as we call em here in OZ

    you buy your bid, if you bid 1 cent cool , but to buy that 1 cent may cost you $8

    from there terms page

    \

    see ??

    its not just the selling price in the auction but the fee's and levies they charge you , thats is split with the seller and it has the potential to cost way more than other auctions as to calculate a defined total is so hard to do . you spend more thinking you paid X but then there Y and Z and back to A ....
    Last edited: Oct 18, 2011
  3. carver

    carver Moderator

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    There just ain't no free rides! If it looks to good to be true, it probably isn't!
  4. CSA95

    CSA95 New Member

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    thanks for the info
  5. Jim K

    Jim K New Member

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    Everybody sells guns for pennies. I bought a gun last month that cost me 53,529 pennies.

    Jim
  6. jack404

    jack404 Former Guest

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    i had a guy buy a rifle off me in 5 and 10 cent pieces, honest!!!

    $600 worth
  7. Rhuga

    Rhuga Member

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    Bring back the days of the good old Saturday Night Special. If we could, maybe we could get the prices of the good guns down into reality from competition. I think that it was the big gun makers that did this with some false propaganda, cuz their greedy SOBs too. Of course, we also need to have Congress and Obama lower the taxes on tobacco and firearms.
  8. ampaterry

    ampaterry *TFF Admin Staff Chaplain* Staff Member Supporting Member

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    Wow, what a scam!!

    Carver is right - there ain't no free lunch!

    I remember some years ago a friend at work gave me the web address of a place that gave 100% rebates on purchases from their on-line store. They handled all kinds of electronics, and the listed prices were WAY above normal retail. I told him I did not believe this could be legit, but he said he knew guys that had bought stuff from them, and about four weeks later they would get their full purchase price back in the mail!
    Being sold on the above addage, I bought nothing from them, but this guy and several others at work did. They paid well over retail for a bunch of stuff, then waited for their 100% refund.
    Then one day the web-site ceased to be on the net.
    Then we read about it in the news - the outfit was a Ponzi scheme, using money from the excess prices paid by new purchasers to give the 100% refunds to the older purchasers until they had a very large 'float' of people who overpaid for the merchandise, then they took the money and skipped - -
    My friends at work all got the merchandise, but never got the refunds. They paid about 50% OVER what they could have bought their items for elsewhere, all because they wanted to get them free.

    I will stick to Amazon, Sam's Club, and other businesses I KNOW who charge a fair price for quality merchandise.
  9. ampaterry

    ampaterry *TFF Admin Staff Chaplain* Staff Member Supporting Member

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    I did a decent search on this outfit, and found ONE person that was happy with the gun he bought through them, even though it took him several months to actually get it; he credits the DEALER with his pleasant experience, not the guns4pennies site.

    It seems that just about every firearms site on the internet has discussed them, and ALL agree they are a scam, just like all the penny auction sites.

    Just think about it -
    You buy the right to place 1000 bids, and pay $680 bucks for them.
    You find a gun you are interested in, and raise the bid by one penny 500 times, and end up the winner at $65.18.
    You send the dealer $65.18, and he sends you the gun.
    Your 500 bids had already cost you $340, so the total cost of the gun was $405.18, which you are happy with.

    Same scenario, except someone bids one cent more than you did, and you do NOT get the gun. You don't have to pay the $65.18 for the gun, of course, but you DID spend $340 for the 500 bids you bought and used!

    And the winning bid of $65.19 shows there were 6,519 bids total on the piece, which at the cheapest price of 68 cents each brought in $4,432.19 to the auction site.
    They split this with the dealer who sold the gun for $65.19, which means he got $2,281.65 for the gun, and the scam auction site got 2,216.46 for providing the 'service'.
    And those are the CHEAPEST bids available!

    Interesting side note -
    The BBB has no record of them at all.
    But they do have a record of a "pennies 4 guns" in Beaumont, TX - no complaints, no reports.
    Is anyone here in Beaumont able to verify if this is a legit company and just a coincidence?
  10. ampaterry

    ampaterry *TFF Admin Staff Chaplain* Staff Member Supporting Member

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    I also think that a bunch of Guns & Ammo subscribers need to contact them and complain about their accepting advertising for a scam like this -
  11. ampaterry

    ampaterry *TFF Admin Staff Chaplain* Staff Member Supporting Member

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    I moved this from the Technical info forum because I believe it needs to be widely circulated - -
  12. bamajoey

    bamajoey Well-Known Member

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    Best thing to do if you want to buy a gun is find a reputable dealer and make a purchase. Like some one has already said "if it sounds too good to be true, it probably is"
  13. jack404

    jack404 Former Guest

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    this sort of auction was started in new zealand which quickly made these sites illegal , then they came to Australia and now they have spread ..

    buyers beware , if its seem to good to be true it probably is

    look for the hook

    and be safe folks
  14. cpttango30

    cpttango30 Guest

    I ran into pennies4guns.com as well. A guy won a Judge and a Mossy 500 JIC he got both quickly and then the site folded up and the 10 people who won other guns never got them.
  15. jack404

    jack404 Former Guest

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    theres been some bad stories here about folks using the penny auction system

    lot's , paying for the privilege of not winning can add up fast

    i've mates who have ended up donating $100 or more before catching on ..

    then try getting a refund on the bid packages .. read the T's and C's (if they actually publish it all , many insist you become a member first , there by ensuring you agree to the terms and conditions , which is mainly about indemnifying them .. )

    worst part i found is you join , you leave you get added to the mailing lists folks sell to casino and worse spam .. my inbox is full of it .. as if the jihadi death threats aint hard enough to sort .. at least some of them are entertaining , i really gotta post a "best of" jihidist death threats eh ..

    i'm not joining any more to find out , if they dont publish everything , i dont wish to know and will say the same to all who ask ..

    it may be 100% legal , but that dont make it honest .. or needed to be "allowed"
    Last edited: Jan 9, 2012
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