An observation, a rant, and a question. (topic: used gun prices)

Discussion in 'General Firearm Discussion' started by Russianfist, Apr 27, 2011.

  1. Russianfist

    Russianfist Active Member

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    First I realize that this topic could turn inflamitory but that is not my intent. I am simply exploring the current trend of rising used gun prices.
    Over the past few months I have noticed a disturbing trend here on the boards of used firearms for sale from private sellers asking absurdly high prices for used firearms. More often times than not these sellers are asking more for a firearm that I can purchase brand new from a dealer. Example: I saw an used SKS for sale here recently where the seller is asking $350.00 firm. I found the same thing from a dealer for $269.00. That's just the tip of the iceberg.
    Its not uncommon to find someone asking $500.00+ for a used WASR 10. This trend isn't just restricted to imports but domestics as well. Most bare bone AR's go for around $800.00. I found a dealer who sells them under $600.00. This is dissapointing to say the least. It almost feels that people see what its selling for on gun broker and feel that is a fair price for their item not realizing that GB is exorbidently high cost and not the beromiter for the commercial market. So my question is this: what fuels this trend? Is it a sellers market here in the northwest? Is it just plain greed? Or simpllly uniformed sellers asking to much?
    Again, I don't intend this to be an inflamitory question but more exploring what the root cause is.

    What are your opinions?
  2. chizuck

    chizuck Member

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    I find Gun prices in my area, even at dealers are high. I go to lewiston Id on a regular basis and the prices are considerably lower on just about everything. For example I have been looking for a couple pistols, and in my area they are selling for 350 to 500 bucks at dealers and boards alike. Go to lewiston and one of the pistols i have been looking for setting in the case for 250 bucks. For whatever reason prices are higher then surrounding areas.

    That is just what I have seen

    At the same time though people can ask whatever they want, that does not mean we have to buy it.
  3. jayleno

    jayleno Member

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    Honestly, I think people are pushing the values trying to set a trade limit - "I think my AR's worth $800 in trade, and about $600 to sell." I know that when faced with trade goods, several of the folks I've dealt with have "changed" the acceptable value of the gun they're holding to get something that would also retail for less than the value they've advertised their gun at.
  4. pioneer461

    pioneer461 Active Member

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    Guns, as with anything else, are only worth what someone is willing to pay for them. If no one is willing to pay the prices you mentioned, the prices will be lowered. Until then, that is what they are worth.
  5. foggood11

    foggood11 New Member

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    Agree with pioneer461 - prices are market driven. Keep shopping around until you feel you are getting what you want at the price you're willing to pay.
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  6. chemist

    chemist Well-Known Member

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    Market driven or not, it's irritating at least to see guns (and even ammo) being offered for resale at higher than the new prices. But then, we here in NW OR have Keith's, and they can beat the heck out of just about anybody's prices. If you can stand to deal with them.

    I just looked at a guy's ad for a used Bersa Thunder .380 CC a few days ago, offered for $300. Last I checked Keith's they were in stock, for $289 NIB. I thought about sending him a PM, just a friendly FYI, but the last time I did something of the sort it went rather badly.
  7. Mark W.

    Mark W. Bronze Supporter Bronze Supporter

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    Keiths has good prices sure but they aren't the only ones that do. I ordered a pistol through Wild Bills in Mollala and its costing me the same as it would at Keiths. Course for me I'm not out 2 hours of driving only 40 min and the gas money. And Bills a fun guy to talk to if you can get him to stop trying to do 11 things at once....
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  8. coupeowner

    coupeowner Member

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    There is currently a Draco listed for $550, and another painted one for $450. Last I checked (5 minutes ago) they were still available for $350 from classic arms (maybe cheaper elsewhere). Another $50 and you get 3 additional magazines and a case. Buyer beware I guess.

    But if you can't wait a few days to get it?
    Or don't want to deal w/ the FFL? (that part scares me a bit)
  9. PDXSparky

    PDXSparky Well-Known Member

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    I have a couple of thoughts in response to your post. First, about your example, are you sure you are comparing apples to apples? Maybe the "firm" seller was including more than just the gun such as additional mags or ammo in their price, whereas the dealer is only selling the basic gun.

    About pricing used guns. Suppose the seller of the high priced gun initially payed too much for the gun. That might lead them to think that the gun has a higher value to everyone else as well.

    In the end, I agree, like most things, the market will determine the eventual selling price. If you think a price is too high, either respectfully offer less, or don't buy.
  10. gunnails

    gunnails Active Member

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    The to sale adds are free, I am happy to say.

    If Joey charged for each add similar to say the Oregonian, the prices would drop.

    Folks are just fishing.
  11. Russianfist

    Russianfist Active Member

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    Yeah, both Yugo's, both unfired....matching numbers! I wouldn't have overlooked something like that.
    I could point out that some sellers were foolish and purchased firearms and ammo during the Obama panic and rather than just take it in the shorts like they should they keep the local market falsely inflated over the long term.
    I would say that anyone supporting such sellers is helping to fuel the problem.
  12. coop44

    coop44 Well-Known Member

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    I went to cabela's yesterday and actually found their prices to be refreshing compared to what I normally see here.
  13. sheepdip

    sheepdip Bronze Supporter Bronze Supporter

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    two of the last rifles i sold on here sold for more than i was asking, could have kicked myself. once you start at said price it is hard to go up
  14. mjbskwim

    mjbskwim Well-Known Member

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    At the tiny Sequim show,a guy I have seen around has a table with another.The first sells knives and "survival gear".Sure
    Anyway,they had a Glock 21 "as NIB" Never fired?.

    How much?........700....How much?????......NIB,never fired night sites....NO PAPER WORK...700

    Brother that is maybe a $650 gun new,so used it's a $575 gun max

    NO PAPER WORK 700

    Sorry it's a $575 gun

    I guess no paper work is worth a buck 25?
  15. sadiesassy

    sadiesassy Active Member

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    Education and time is the key. On guns I am looking for - I have fairly good idea of what I can get it for new and then look at used prices on GunBroker to see what used and new guns actually sell for. My preference would be to buy local.
    But I see lots of used guns go for premium prices. NOw is that people reacting to a gun and not knowing the real price?

    When I sold a couple guns - I used the Gunbroker and the Bluebook to come up with a price.

    But I agree some of the prices are not realistic. As a good reference - go onto Gunbroker and check the sold section - most guns do not sell.
    It would be interesting to see what would happen if people had to pay to make the actual posting- That would cange things.
  16. DoubleTapDrew

    DoubleTapDrew Well-Known Member

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    To some people it may be. Not defending it, just saying if people really believe it's going to come to the point ATF pulling 4473s from dealers and knocking on doors, the fact they paid a bit too much becomes irrelevant.
  17. mjbskwim

    mjbskwim Well-Known Member

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    Well the buyers read these type boards,specifically the political section and the prepared sections.They they get themselves in a frenzy,thinking if they don't buy now,it won't be available ever again
    And the sellers read the same boards and raise the prices.Then you go to the newspaper adds and the Little Nickel types and see the out of work guys selling stuff for bargains to feed the family.

    Like a shop owners said yesterday,just wait and see what happens if Oboma gets re-elected.
  18. 22many

    22many Well-Known Member

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    It's not only guns. It's anything gun related. I've seem people asking more for the ammo than what you can buy it at the store for. Holsters, scopes, ect, ect, go for higher used. Go figure.....
  19. Dan-Dee Sales Inc

    Dan-Dee Sales Inc Active Member

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    Here are some things to consider. You purchase the gun online, a lot of places charge 2-3% for using plastic. The draco is a heavy handgun and it must go air or USPS insured. $30-$50 to ship air. The dealer is going to have a transfer/background fee. It all adds up pretty fast. Firearms always seam high to the buyer and low to the seller. Kind of like buying a house or selling a house.
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  20. jbett98

    jbett98 Bronze Supporter Bronze Supporter

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    If you are using Gunbroker for the value of a particular firearm, look under the "Going, Going Gone" listings. That gives a realistic price paid in past auctions, not the wishful "Buy it Now" values some people place on there items.