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I've seen new 6920's going for $750. But even still, I say don't touch it. The glut of firearms in the market will eventually get sponged up and prices will rise.
Re: Colt, the M4 feed ramp cuts, the 4150 vanadium bbl, the heavy buffer spring, the way the gas key is staked, and the quality of the finish process on the metal is well above average for garden variety/off the rack AR's. You can certainly match this yourself in a custom build, no doubt about it. But suggesting Colt rifles are overpriced marketing hype is simply not accurate. I haven't built many AR's, but I can tell from 12 years in manufacturing how something was made just by looking at it.
In this life I've found it's usually true that you get what you pay for. YMMV.
Re: Colt, the M4 feed ramp cuts, the 4150 vanadium bbl, the heavy buffer spring, the way the gas key is staked, and the quality of the finish process on the metal is well above average for garden variety/off the rack AR's. You can certainly match this yourself in a custom build, no doubt about it. But suggesting Colt rifles are overpriced marketing hype is simply not accurate. I haven't built many AR's, but I can tell from 12 years in manufacturing how something was made just by looking at it.
In this life I've found it's usually true that you get what you pay for. YMMV.