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Reply #20: Thank you, everybody who voted. Here's the answer [View All]

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krispos42 Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Oct-18-07 12:35 PM
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20. Thank you, everybody who voted. Here's the answer
While fully-automatic firearms are available to the general public, they are not readily availble, due to relative scarcity of Title II firearms and strict and time-consuming federal application process.

Fully-automatic firearms are part of a class of firearms regulated by the National Firearms Act of 1934 called a "Title II" firearm.

Federally-licenced gun dealers have to pay $1,000 per year for a special extra classification called Special (Occupational) Tax to deal in Title II firearms, although you can buy them from one private owner to another. Many federally-licensed dealers do not deal with them at all.

Purchasing one first requires that you submit a request (in duplicate) to the Bureau of Alcohol, Tobacco, Firearms, and Explosives using BATFE Form 4. You have to include a recent photograph and an FBI fingerprint card with your fingerprints on it, and the local police chief, sheriff, state police head, or similar person has to sign off on the transfer. Then the BATFE decides whether or not to approve the transfer. And don't forget the $200 transfer tax.

The firearm described in ATF Form 4 must be on the National Firearms Registry, which was opened in 1934 and closed in 1986. New fully-automatic firearms are not available for sale to the general public.

This is in addition to any state requirements, which usually require approval and registration with the state police or state Department of Justice. Some states, such as Illinois and Delaware, completely prohibit private ownership of fully-automatic weapons.

As an aside, because the NFR is closed and the pool of legal Title II firearms is fixed, no new Title II firearms have been sold to the general public in over 20 years, so prices run according to supply and demand. An MP5 full-auto submachine gun, for example, will cost you $25,000. M16 assault rifle, $15,000. M60 machine gun, $33,000. World War II German MG42, $43,000. Six-barreled gatling-style "Minigun", $265,000.
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