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The Range
Firearms Chat
Selling your guns to a store, how far will I have to bend over?
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<blockquote data-quote="Schlafftablett" data-source="post: 4075669" data-attributes="member: 47874"><p>Everyone is saying you’ll get 50% of retail… but that NEW retail and were talking about used. Like it or not the industry standard is that, just like a car, as soon as a gun sells it is used and worth less than new regardless of condition.</p><p></p><p>For some reason, people want to look at guns as an “investment“. The problem is 99% of guns actually lose value as soon as they are purchased. Now, they may appreciate somewhat over time but that is usually on par with the rate of inflation or in direct proportion to the increase in cost of a new replacement. The only time a firearms’ value tends to outpace inflation is when there is something very specific about it that makes it rare such as limited production numbers, exceptionally high quality, or that specific gun‘s condition vs ALL of the similar copies.</p><p></p><p>When people trade firearms in, they always claim that it was only shot by a little old lady on Sunday, thinking that will make the gun worth more. The reality is, people tend to vastly overestimate how much they shoot. Almost every one of my customers will sit there and tell you how many tens of thousands of rounds they fire in a year but you never see them buy ammo and literally every gun they ever bring in for any reason is also basically brand new and unfired. That means most guns that are traded are of similar, high condition.</p><p></p><p>As far as quality, perception is reality. Products from companies, such as Taurus, SCCY, Rossi, Anderson, Savage, and several others generally function on par with their sale price but the overall perception of their quality tends to be very low and their second hand price tags absolutely reflect that.</p><p></p><p>The most popular guns are usually also the ones that are produced in the highest numbers. Pretty much anything that says Glock, Sig, HK, or S&W on it will at least hold its value because of their overall high quality and good warranty, but very, very few will ever actually appreciate as a collectible simply because of the huge numbers produced.</p><p></p><p>With all that said, you have to look what a gun is actually selling for on the used market and then expect to take $100-$150 less than the most common sale prices. If your firearm books for over $1000 used, I would add at least an additional $100 to that deduction and $100 more for every $1000 jump thereafter.</p></blockquote><p></p>
[QUOTE="Schlafftablett, post: 4075669, member: 47874"] Everyone is saying you’ll get 50% of retail… but that NEW retail and were talking about used. Like it or not the industry standard is that, just like a car, as soon as a gun sells it is used and worth less than new regardless of condition. For some reason, people want to look at guns as an “investment“. The problem is 99% of guns actually lose value as soon as they are purchased. Now, they may appreciate somewhat over time but that is usually on par with the rate of inflation or in direct proportion to the increase in cost of a new replacement. The only time a firearms’ value tends to outpace inflation is when there is something very specific about it that makes it rare such as limited production numbers, exceptionally high quality, or that specific gun‘s condition vs ALL of the similar copies. When people trade firearms in, they always claim that it was only shot by a little old lady on Sunday, thinking that will make the gun worth more. The reality is, people tend to vastly overestimate how much they shoot. Almost every one of my customers will sit there and tell you how many tens of thousands of rounds they fire in a year but you never see them buy ammo and literally every gun they ever bring in for any reason is also basically brand new and unfired. That means most guns that are traded are of similar, high condition. As far as quality, perception is reality. Products from companies, such as Taurus, SCCY, Rossi, Anderson, Savage, and several others generally function on par with their sale price but the overall perception of their quality tends to be very low and their second hand price tags absolutely reflect that. The most popular guns are usually also the ones that are produced in the highest numbers. Pretty much anything that says Glock, Sig, HK, or S&W on it will at least hold its value because of their overall high quality and good warranty, but very, very few will ever actually appreciate as a collectible simply because of the huge numbers produced. With all that said, you have to look what a gun is actually selling for on the used market and then expect to take $100-$150 less than the most common sale prices. If your firearm books for over $1000 used, I would add at least an additional $100 to that deduction and $100 more for every $1000 jump thereafter. [/QUOTE]
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