HCP renewal price increase?

[jeff43]

Got mine in the mail today, when did they raise it to $75?

[TripleDigitRide]

Recently renewed mine for $75. They sent me a refund for $12.50.

[rmiddle]

Got mine in the mail today, when did they raise it to $75?

 

Are you sure you have confirmed the number of years you are renewing for?  They are working to sync everyones renewals to their birthdates in 5 year cycles.  Aka 20,25,30,35,40, etc.

 

Thanks

Robert

[Garufa]

Are you sure you have confirmed the number of years you are renewing for?  They are working to sync everyones renewals to their birthdates in 5 year cycles.  Aka 20,25,30,35,40, etc.

 

Thanks

Robert

 

Unless you're like 24 or 29, etc. then it's 6 years for $75.  They really simplified it.

 

The change took effect February 19 of this year.

 

https://www.tn.gov/safety/article/handgunmain

Edited December 24, 2015 by Garufa

[rmiddle]

Unless you're like 24 or 29, etc. then it's 6 years for $75.  They really simplified it.

 

The change took effect February 19 of this year.

 

https://www.tn.gov/safety/article/handgunmain

 

That was what I was attempting to say.  I you are 24 or 29 they will renew you to 30 / 35 and it will cost 6 years.

 

Thanks

Robert

[jeff43]

Ok, I guess that's why it's higher.I didn't know they changed it.
Thanks

[Oh Shoot]

Ok, I guess that's why it's higher.I didn't know they changed it.
Thanks

 

Price is set by statute, which has not changed. It's just the varying time lengths which was enacted to sync with the 5 year DL renewals. Which now of course it won't, since our idiots changed the DL to 8 without changing the HCP part.

 

- OS

[xsubsailor]

 I got screwed by the new law. Renewed mine, $50 but it expires in 3 1/2 years, same as my drivers license.

[krunchnik]

I wonder what will happen when mine is due-1 year left on my HCP but 2 years on my DL.That will put it only 1 year apart.

[Oh Shoot]

I wonder what will happen when mine is due-1 year left on my HCP but 2 years on my DL.That will put it only 1 year apart.

 

They'll either short or lengthen the renewal period to hit the 5 year DL thing. But DL will change to an 8 year renewal so they'll still not be in sych anyway.

 

- OS

[rmiddle]

I wonder what will happen when mine is due-1 year left on my HCP but 2 years on my DL.That will put it only 1 year apart.

 

They most likely will renew you in for six years so the 2 dates match up.

 

Thanks

Robert

[Oh Shoot]

They most likely will renew you in for six years so the 2 dates match up.

 

Thanks

Robert

 

But they won't match after 2016, because most driver licenses change to 8 years instead of 5, and the HCP change doesn't account for that.

 

Am I the only one who gets that?

 

- OS

Edited December 25, 2015 by Oh Shoot

[Bad Habit]

Just pony up and get the lifetime license and you won't have to worry about when to renew it or if they raise the fees.

[tartanphantom]

Just pony up and get the lifetime license and you won't have to worry about when to renew it or if they raise the fees.

 

 

I doubt they would go up appreciably. If you do the math, the lifetime license only makes since if you are under age 40 and expect to live past age 80.

 

$500.00 (lifetime rate) / 12.50 (the current per-year fee rate) = the equivalent of 40 years worth of prepaid licensing fees.

 

For those of us over 50, it's not really economic sense. The per year rate would have to increase to $17 or more for older folks to break even.

However, for young whippersnappers and millennials, the lifetime is not necessarily a bad deal though-- except that, just like the 5-year renewals, it could be suspended or revoked for any number of reasons, and if that ever happened,  I seriously doubt that you'd get any kind of pro-rata refund.

Because of this potential revocation factor, I prefer to pay as I go, thank you very much.

Edited December 25, 2015 by tartanphantom

[10P8TRIOT]

My HCP renewal was $87.50 with an expiration date of 04/13/2023. This is a little over 7 years after my previous HCP expiration date (02/23/2016) and exactly 5 years after my DL expiration date (04/13/2018).

Edited December 28, 2015 by 10P8TRIOT

[krunchnik]

I was considering opting for the lifetime HCP but I dont know if I will make till older than dirt stage-I stand a better chance of being just dirt.Its a lot like I am an NRA member paid up till 2024-any more than that I will consider myself lucky.

[TripleDigitRide]

A lifetime HCP would benefit younger people and those who are willing to pay for the convenience of never needing to worry about it again. If I had $500 to blow, I'd do it in a heartbeat. 

[hipower]

Well, mine expires in 2018, if I make that long. Wonder what the cost will be then? Regardless though, I sure couldn't get the benefit of the "lifetime" cost.

[Grunt67]

They'll either short or lengthen the renewal period to hit the 5 year DL thing. But DL will change to an 8 year renewal so they'll still not be in sych anyway.

 

- OS

 

 OS, that's kinda like fixing something, then breaking it again before it leaves the shop.

[DWARREN123]

Why does those the state not just put it on the DL as a endorsement?  Do it like motor cycle or any of the others they put on.

Edited January 16, 2016 by DWARREN123

[netmindr]

TN HB1424 (https://legiscan.com/TN/bill/HB1424/2015) was just introduced to lower the lifetime from $500 to $200.

[Trekbike]

TN HB1424 (https://legiscan.com/TN/bill/HB1424/2015) was just introduced to lower the lifetime from $500 to $200.

I'm betting that never passes since the State stands to lose revenue in the long run.