Layaway – Same-as-Cash or 6-Month Plan

Don’t pay interest! Layaway your next purchase. You lock in the sale price on day one and we remove the items from inventory. You may layaway multiple items and non-firearm items including magazines and ammunition. Layaway orders cannot ship until paid in full.

Currently, layaway is only available for in-store purchases.

We offer two layaway plans for purchases at Teancum Armory: a 90-Day Same-as-Cash plan and a 6-Month plan.

90-Day Same-as-Cash Plan

We offer same-as-cash layaway for up to a maximum of 90 days. There is a minimum order total of $200 in merchandise sales. A minimum down payment is due up front and is 25% of the total due including sales tax and shipping, if applicable. The remainder of the payment is due within the 90 calendar days from the purchase date. There are no scheduled payments, pay as you can up to and including the 90th day. Once you pay the remaining 75%, the merchandise is yours.

6-Month Plan

For higher-dollar purchases, we offer a 6-month layaway for a $20 fee for up to a maximum of six months. There is a minimum order total of $500 in merchandise sales. A minimum down payment is due up front and includes a $20 fee plus 25% of the total due including sales tax and shipping, if applicable. The remainder of the payment is due on the same calendar day six months from the purchase date (so a January 2 purchase would require full payment by July 2 of the same year). There are no scheduled payments, pay as you can up to and including the last day. Once you pay the remaining 75%, the merchandise is yours.

Layaway Policy

We reserve the right to refuse a layaway.

We do not perform a credit check.

When purchasing firearms on layaway, the person that signs the original agreement must be the same person that receives the firearm following the legally required paperwork and background check. Therefore, the purchaser cannot be a prohibited person and must provide a valid government ID.

For shipping firearm layaways, FFL submission is not required before placing a layaway order. However, we require the FFL license from your transfer dealer before we can legally ship the firearm.

Layaway orders do not ship until the order is paid in full. Layaways may take 2-3 business days to process and ship once paid in full.

You can layaway items that we do not have in stock provided we can order and receive them within the layaway period.

You may layaway multiple items on the same plan.

The layaway will lock in the current deal offered for the item at the time of the initial payment. Layaway orders cost the same as cash orders.

25% of the total purchase (including sales tax and shipping) must be put down at time of purchase and the balance is due within the specified time period.

We do not offer changes, exchanges, returns, substitutions, or additions to layaway orders. Simply place another order if need be. EXCEPTION: You may convert an active 90-Day Same-as-Cash plan to a 6-Month plan for a $25 fee due before the end of the 90-day period.

It is the customer’s responsibility to make the payments- we WILL NOT contact you.

Overdue layaway orders will be cancelled and ordered items returned to stock on the day after the the last day of the layaway period.

If your circumstances require you to terminate the layaway agreement and withdraw from the plan you will be charged a 25% restocking fee (your down payment) and the 6-Month $20 fee, if applicable.

In the event that the buyer receives a 4473 denial, the layaway plan is considered terminated.

If the layaway plan is terminated or expires, any funds received in excess of the restocking fee will be returned to the customer via business check within 30 days of termination.

By placing a layaway order, you agree that you understand and accept the above layaway terms and conditions.