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The Range
Firearms Chat
Excess inventory of used firearms?
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<blockquote data-quote="Fr Mulcahy" data-source="post: 4342298" data-attributes="member: 42567"><p>Back to the OP's question, yes, I have seen prices soften on used guns, and have seen larger inventories.</p><p></p><p>During the pandemic, a lot of free money was floating around, and a more limited supply of used gun inventory. Used gun prices went up as a result, and a lot of guns were sold. That free money is now gone (although we still have the adder to the national debt), and people are having a harder time paying their bills. At the same time, the used gun inventory is up by millions. So there's more supply and less demand. So either gun prices go down, or fewer guns are sold.</p><p></p><p>It's kind of like the baseball card market in the mid-1990's. At the start of the decade, cards sold for Beckett value. By the end of the decade, you couldn't give them away.</p><p></p><p>Of course, cards have no intrinsic value while guns do, but you get my point (I hope).</p><p></p><p>And that's all I know about that.</p></blockquote><p></p>
[QUOTE="Fr Mulcahy, post: 4342298, member: 42567"] Back to the OP's question, yes, I have seen prices soften on used guns, and have seen larger inventories. During the pandemic, a lot of free money was floating around, and a more limited supply of used gun inventory. Used gun prices went up as a result, and a lot of guns were sold. That free money is now gone (although we still have the adder to the national debt), and people are having a harder time paying their bills. At the same time, the used gun inventory is up by millions. So there's more supply and less demand. So either gun prices go down, or fewer guns are sold. It's kind of like the baseball card market in the mid-1990's. At the start of the decade, cards sold for Beckett value. By the end of the decade, you couldn't give them away. Of course, cards have no intrinsic value while guns do, but you get my point (I hope). And that's all I know about that. [/QUOTE]
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