" Not many people have a class III license like that because they are not only hard to obtain but are expensive."

Not really. Most believe this to be the case, but it is an untrue statement. ( Well, partially. Lemme explain )

You're not buying a license, per se. You only need a Class III license to sell or manufacture NFA devices. To purchase a NFA device, you merely need:

An approved Form 4 from the BATFE with your $200 Tax Stamp affixed to it. Most expensive stamp ever :|

A corporation, trust, or CLEO ( Chief Law Enforcement Officer ) card signoff and background investigation by the FBI.

Once those two are satisfied, you are free to go pick up your firearm or device. That's it.

Where the TRUE expense comes into play is the cost of the device. In the case of a full auto firearm, they are easily in the three to five digit range in price. I've seen your typical Mac-10 run about $3000, where a full blown M60 ( belt fed machine gun for you non military types ) will set you back about $30,000. The typical M16 style weapon will run in the ~$15,000 range.

Short barreled rifles / shotguns and suppressors are much cheaper. Same paperwork and rules, just not the silly prices.
Why anyone would want a full auto considering the price of ammo these days is beyond me.

Last edited by Daye; 12/16/12 03:51 PM.