Excess inventory of used firearms?

[Chief Sapulpa]

This was posted on the Taurusarmed forum today:

“drove to one of Oklahoma City's largest gun stores today for the express purpose of selling a couple of firearms. (Details about the types and why I chose to sell them at a gun store instead of private sales are not pertinent to the thread.) The store's assistant manager and one of his sales reps, both of whom helped me, said that they were swamped with used firearms. They added that their biggest competitor was facing the same problem.

People are selling quality (in other words, not cheap or junk) used guns - AR-15s, AR-10s, hunting and shooting rifles, shotguns, revolvers, semi auto pistols - like they've never seen before. For all of the used guns that were on display, they had far more in storage, waiting for shelf space before being displayed.

I replied that in the world and circumstances in which we live, this was surprising. They agreed. They surmised that inflation is hitting folks harder than what is being reported. Valuables of all kinds are being sold to put food on the table, pay the bills, and keep a roof over people's heads. I reckon that if there's a silver lining to this cloud, it's that there may be some nice gun bargains out there.

The prices they quoted for my guns were so low, I politely declined and took them back home with me, with their complete understanding.

Has anyone else seen anything similar in your area?

See less”

 

[GnometownHero]

This was posted on the Taurusarmed forum today:

“drove to one of Oklahoma City's largest gun stores today for the express purpose of selling a couple of firearms. (Details about the types and why I chose to sell them at a gun store instead of private sales are not pertinent to the thread.) The store's assistant manager and one of his sales reps, both of whom helped me, said that they were swamped with used firearms. They added that their biggest competitor was facing the same problem.

People are selling quality (in other words, not cheap or junk) used guns - AR-15s, AR-10s, hunting and shooting rifles, shotguns, revolvers, semi auto pistols - like they've never seen before. For all of the used guns that were on display, they had far more in storage, waiting for shelf space before being displayed.

I replied that in the world and circumstances in which we live, this was surprising. They agreed. They surmised that inflation is hitting folks harder than what is being reported. Valuables of all kinds are being sold to put food on the table, pay the bills, and keep a roof over people's heads. I reckon that if there's a silver lining to this cloud, it's that there may be some nice gun bargains out there.

The prices they quoted for my guns were so low, I politely declined and took them back home with me, with their complete understanding.

Has anyone else seen anything similar in your area?

See less”

Yep all collectible stuff is being dumped by people who are needing cash and fancy guitars and guns have been over valued in recent years

 

[dlbleak]

Sounds like any of the big gun shops including Sooner State Pawn. The back room in stocked full.

 

[GlockPride]

Now is the time to be buying, gents. Weird times, weird times for sure.

There may be a bump in Nov when they cheat again and install Harris in Jan. But, most enthusiasts are already stocked to the brim. I mean, I wants lots more guns, but how many do I NEED? N + 1.

 

[Fyrtwuck]

Now is the time to be buying, gents. Weird times, weird times for sure.

There may be a bump in Nov when they cheat again and install Harris in Jan. But, most enthusiasts are already stocked to the brim. I mean, I wants lots more guns, but how many do I NEED? N + 1.

I’ve been asked the same old question. “ How many do you need?”

The answer is, it’s not a matter of need, it’s what I want.

 

[capnkirk462]

Oh here is an idea, they could take them to gun shows and sell them for reasonable prices.

 

[GlockPride]

Oh here is an idea, they could take them to gun shows and sell them for reasonable prices.

I’d rather them save their money from buying a table and pass the savings on to us here. 😊

 

[rickm]

Its not really how many you need or want but how many can you afford.

 

[Firpo]

I’m always open to buying, my issue is I have different taste than most….at least I’d say that’s true by what most are selling. I don’t do ARs or Glocks or cool Tactical anything. Heck, I’d say 90% of what’s in my safe is 70-130 years old.

 

[Rez Exelon]

I mean, obviously based on supply and demand, the shops are reselling them cheap.


Oh...

Hrmmm.

Wait. What?

They are still marking them up and that's why they have an excess of inventory?