This is the third and final update on AR price tracking.
On December 28th I decided to track the final sales price of ARs to determine when we may peak on the current crazy price situation. I tagged bids on GB for a standard Bushmaster 16" E2S NIB-- no used guns, no special add-ons like optics, just a vanilla .223 that would typically retail prior to the crisis at something under $1000.
I took an average of those bids on days where I was able to find at least six representative transactions that closed for this rifle. I did not include any data where the final bid was under the reserve, nor did I include any data from sellers who did not have at least one point of feedback.
The averages over the last three months are as follows:
As you can see, the prices peaked on December 29th, dipped and then another local high point on January 14th, the day before the 23 presidential executive orders were announced.
Prices have been decreasing since that time, and have been hovering around $1000 over the past week.
My assessment is that the price bubble for AR's has been deflated. While ammo prices are still generally high, the price of AR's appear to be at or near their retail offerings. I'm concluding the study of AR prices given this conclusion.
Have you been patient enough to wait for this trend to play out to make a purchase of an AR, or did you pick one up when it was 2x retail? Or, did you take advantage of the trend and sell an AR at the peak?
On December 28th I decided to track the final sales price of ARs to determine when we may peak on the current crazy price situation. I tagged bids on GB for a standard Bushmaster 16" E2S NIB-- no used guns, no special add-ons like optics, just a vanilla .223 that would typically retail prior to the crisis at something under $1000.
I took an average of those bids on days where I was able to find at least six representative transactions that closed for this rifle. I did not include any data where the final bid was under the reserve, nor did I include any data from sellers who did not have at least one point of feedback.
The averages over the last three months are as follows:
As you can see, the prices peaked on December 29th, dipped and then another local high point on January 14th, the day before the 23 presidential executive orders were announced.
Prices have been decreasing since that time, and have been hovering around $1000 over the past week.
My assessment is that the price bubble for AR's has been deflated. While ammo prices are still generally high, the price of AR's appear to be at or near their retail offerings. I'm concluding the study of AR prices given this conclusion.
Have you been patient enough to wait for this trend to play out to make a purchase of an AR, or did you pick one up when it was 2x retail? Or, did you take advantage of the trend and sell an AR at the peak?
in due time in due time
