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People are nuts on used gun pricing
- Thread starter rennocneb
- Start date
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If it is in really good shape and shows as good as new with all the documents I'll generally feel like I'm getting a good deal if it is 20 or 30 under the cheapest available new price. This is for Glocks, mp, etc if it has scuffs scrapes bruises or spray paint I'm generally not interested.
Most used great condition CZ's I'm happy to buy at around the 20 to 30 off mark, but I've paid closer to retail for oddballs. I like the Omega trigger so I've paid very close to retail on used omegas rather than wait for the next run.
I want at least 100 off of Sig's, because other than the 1911s I'm unimpressed. I would like a 226 Sao legion but I'm not coming close to retail, personal value sort of thing.
AR15s are the wildcard today. You can regularly pick up a Colt 6920 for under 8 but used everyone wants over 9 and often into the 1k mark with cheap optics. It is difficult as a seller to keep up with all of the sales on ar's tho.
Five-seveN's always seem to keep their value and increase in value if you trade one off.
Most used great condition CZ's I'm happy to buy at around the 20 to 30 off mark, but I've paid closer to retail for oddballs. I like the Omega trigger so I've paid very close to retail on used omegas rather than wait for the next run.
I want at least 100 off of Sig's, because other than the 1911s I'm unimpressed. I would like a 226 Sao legion but I'm not coming close to retail, personal value sort of thing.
AR15s are the wildcard today. You can regularly pick up a Colt 6920 for under 8 but used everyone wants over 9 and often into the 1k mark with cheap optics. It is difficult as a seller to keep up with all of the sales on ar's tho.
Five-seveN's always seem to keep their value and increase in value if you trade one off.
I'm just saying that people can ask anything they want for something and it's a waste of time to fret over it. If someone buys up all of the local stock in .22lr and then tries to double the price because they've cornered the market, then that is wrong in a lot of ways. But when someone is selling a commodity item like a G17 and wants double the value, who cares. Either they really don't want to sell it or they have no idea what it's real value is. The market will pay a price that is fair in the end. That's the beauty of unmanipulated capitalism. For instance, I have a Glenfield Marlin 25 that my father bought for me back in the 1970s. On a good day, it's probably worth $125. But, if someone liked it and asked me to sell it to them, I think they'd have to offer over $3000 before I'd even begin thinking about it. Would they think that I'm a thieving asshat? Probably, but as the owner of the item, it only need to consider what it's worth to me and not what it's worth to a buyer.
Without quoting anyone, I'm starting to see a theme here. Sometimes, depending on the buyers attitude, the price is not going to be discounted.
Without being elitist, I've been known to have two prices in mind. You're a known person, you get the BIN price. You're a known gunshow "aisle dealer" or have a personality disorder, you are NOT going to like my price.
Having met some folks on INGO as a buyer and a seller I've been pleasantly surprised. Never met a bad one.
Forgot to quote Busted, he is a wizard.
"Well I bought a Phillips & Rodgers Medusa revolver in the mid 90's for around 650 and sold it a couple years ago on GunBroker for 3,200. I'd say that was a pretty good investment. Also the Smith and Wesson 76 I bought for 2,200 are now going for 7,000. There's several examples out there, but your not going to find it with the run of the mill Glocks, Springfields XD's, Sig's etc. You got to look for the unusual, plus condition, condition, condition. Boxes and manuals always add value. I don't understand why people throw that stuff away."
Without being elitist, I've been known to have two prices in mind. You're a known person, you get the BIN price. You're a known gunshow "aisle dealer" or have a personality disorder, you are NOT going to like my price.
Having met some folks on INGO as a buyer and a seller I've been pleasantly surprised. Never met a bad one.
Forgot to quote Busted, he is a wizard.
"Well I bought a Phillips & Rodgers Medusa revolver in the mid 90's for around 650 and sold it a couple years ago on GunBroker for 3,200. I'd say that was a pretty good investment. Also the Smith and Wesson 76 I bought for 2,200 are now going for 7,000. There's several examples out there, but your not going to find it with the run of the mill Glocks, Springfields XD's, Sig's etc. You got to look for the unusual, plus condition, condition, condition. Boxes and manuals always add value. I don't understand why people throw that stuff away."
Thanks for the reply.
Do you think there are any new firearms on the market today that will be worth triple or quadruple the initial cost in 20 - 30 years?
In all of that those are now collectors and not current offerings. Ingo is not a serious collectors site.
Hilarious how people think the AR market is screwed up. Just because some cheap China made parts and a flood of low end guns hit the market doesn't mean my 1000 dollar plus rifle isn't worth anything. That's funny right there.
If that's truly the case I'm going shopping! Pick me up some Barret and Noveski.
If that's truly the case I'm going shopping! Pick me up some Barret and Noveski.
This does not diminish your rifles worth it just adds a degree of difficulty if you should choose to move it/them. I have several in the safe that I will set on until all this gets settled. I do not have the big name rifles but all mine a builds with serious parts and do to my own insanity am upside down in them.
grunt soldier
Master
Church has covered it below. It doesn't make your 1k gun worth nothing but does make it worth less. All depends. I have seen a couple DD factory rifles go under the 1k Mark.
If yours is a home build or rock river factory it is not equal to that DD or as you put it Noveske.
jgressley2003
Expert
Why did you walk away? Because you thought the guy was getting ripped off? I’ve never bought from Gallery, but after seeing their fees added in their prices don’t seem that great a lot of times.
I watched a study done on human nature a while back.
This researcher set himself up in an open air mall and began carnival barking.
He said he was going to raffle of a $20 bill.
What ever the selling price ended up, that is what he would sell it for, even for a loss.
There is only one caveat.
Not only does the highest bidder win the $20 bil, but the person who ends up bidding second place still has to pay!
O.K. Ready? Here we go, and the bidding began.
Two or three people thought they'd get a fresh $20 for cheap, so they bid low, then someone would out bid them, and they would bid again.
Soon I think it became more of a situation of, "I don't want to come in second, and have to pay for nothing", so they would bid again...
In the end, the highest bidder got a brand new $20 bill for only $29! but the second place guy was also on the hook for $25!
Then everyone was told this was a study on human nature and they were all given their money back.
It was an interesting example of how people let themselves get sucked into a bad situation, realize it, and still dig the hole deeper!
Not everyone on this planet are Mensa candidates.
This researcher set himself up in an open air mall and began carnival barking.
He said he was going to raffle of a $20 bill.
What ever the selling price ended up, that is what he would sell it for, even for a loss.
There is only one caveat.
Not only does the highest bidder win the $20 bil, but the person who ends up bidding second place still has to pay!
O.K. Ready? Here we go, and the bidding began.
Two or three people thought they'd get a fresh $20 for cheap, so they bid low, then someone would out bid them, and they would bid again.
Soon I think it became more of a situation of, "I don't want to come in second, and have to pay for nothing", so they would bid again...
In the end, the highest bidder got a brand new $20 bill for only $29! but the second place guy was also on the hook for $25!
Then everyone was told this was a study on human nature and they were all given their money back.
It was an interesting example of how people let themselves get sucked into a bad situation, realize it, and still dig the hole deeper!
Not everyone on this planet are Mensa candidates.
I buy off of gallery regularly, we have two competitive shops in the Columbus area that make for some great deals after fees even. I walked because it wasn't a rare pistol I was looking at, so I just felt that I'd be happier putting my money into a shop that didn't have salesmen gouging the uneducated. I do the same at brick and mortar shops too. I honestly don't remember or didn't look at the sign on the booth so I'm not trying to smear anyone.
I believe in fair prices for quality used firearms. I will likely never shoot out a barrel on an ar, so if it is a quality factory piece I'll come close on retail, if it is a quality home build from a quality person I'm very likely to give asking if it is under what I would pay for the parts individually. Used doesn't mean run out, especially in modern firearms.
very recent examples; Saigas and VEPRs but those are artificially induced inflation.
Ive said it before and will say it again I do not believe you shot your AK/AR and most handguns 'less than 100 times' I accidentally shoot that much each time I go out. So on any current production guns I'm not paying near MSRP, if I can go get it under MSRP new in most (non bass pro) cases
halfmileharry
Grandmaster
This could be a Special Purpose LE Edition carried by Melvin Purvis to take down Dillinger making it a rare Glock collectors item.
Might have blood from a Spotted Owl on it too.
Might have blood from a Spotted Owl on it too.
After looking I'm finding ammo secondhand to somehow magically double in price... I don't understand how green tip can be had from brownells at .25 a round and when people offer it in a trade they expect .75cents to $1 per round???? Maybe the fact they opened it and poured it all into a harbor freight ammo can that has had some unknown goo dripping on it making it as sticky as the booth at an old waffle house ups the value. Selling ammo may be a nice buffer for my 401k
There are many studies that show people are very motivated to avoid loss. Often more motivated to avoid losing something (taking a loss) than they are by obtaining something that would benefit them (reward).
A lot of sales training incorporates these themes to the seller's advantage.
venenoindy
Master
In Armslist you see the extreme of things, people selling used guns for more than brand new and people wanting to pay nothing for your stuff.
