Author Topic: Buyers market  (Read 7084 times)

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Offline TerryCZ

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Re: Buyers market
« Reply #15 on: October 31, 2023, 05:58:44 PM »
I believe we have found ourselves in a buyers market. I walked into my LGS today and they had this Shadow 2 Orange, lightly used in the case for $1080. I paid $1170 out the door. A year or so ago I couldn't find these in stock under $1800.





lRight location at the right time or somebody wanted those sold quickly.
« Last Edit: November 01, 2023, 10:10:55 AM by Wobbly »

Offline SDDAVE

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Re: Buyers market
« Reply #16 on: October 31, 2023, 06:51:57 PM »
Unfortunately I'm not one of the buyers right now.
"The more I learn about people, the more I like my Dog"

Offline Thauglor

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Re: Buyers market
« Reply #17 on: November 07, 2023, 07:52:02 PM »
I've been selling a few rifles for some medical bills not covered by insurance, it is definitively a buyers market

Offline RSR

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Re: Buyers market
« Reply #18 on: November 07, 2023, 10:35:16 PM »
I've been selling a few rifles for some medical bills not covered by insurance, it is definitively a buyers market

Really depends on what you're selling and when you've been selling it.  Since the Gaza-Israeli matter's kicked off ammo and a whole lot "self-defense" weapons transitioned into a seller's market.  Not to the extent of a ban-driven seller's market, but much more so than it's been the past two years...

Offline Thauglor

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Re: Buyers market
« Reply #19 on: November 09, 2023, 08:17:42 AM »
I've been selling a few rifles for some medical bills not covered by insurance, it is definitively a buyers market

Really depends on what you're selling and when you've been selling it.  Since the Gaza-Israeli matter's kicked off ammo and a whole lot "self-defense" weapons transitioned into a seller's market.  Not to the extent of a ban-driven seller's market, but much more so than it's been the past two years...

That is true, I am into target shooting so most of them are not "self-defense" types, baring 556 ammo and some other times, this is a hobby for most people, so when things get expense and expendable income is limited, prices stagnate or fall

Offline RSR

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Re: Buyers market
« Reply #20 on: November 09, 2023, 08:28:08 AM »
That is true, I am into target shooting so most of them are not "self-defense" types, baring 556 ammo and some other times, this is a hobby for most people, so when things get expense and expendable income is limited, prices stagnate or fall

Yeah, limited availability long-range rigs are about the only "target shooting" rifles I've seen command premiums recently.
« Last Edit: November 09, 2023, 09:38:51 AM by Wobbly »

Offline crc4

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Re: Buyers market
« Reply #21 on: November 09, 2023, 10:17:45 AM »
It's always a buyer and seller's market. What I see now on various sites are high-dollar firearms and custom guns in the $1500 and up that the sellers are trying to sell for top dollar. Add to that the high-dollar 'tactical' (tacticool) items bought during the panic buying from 2019-2022.

Many of these sellers don't comprehend that all the expensive extras they bought above the stock gun's price are getting pennies on the dollars for these items in the used market. Generally, people don't want a custom gun unless they make it a custom gun.

The AR market is saturated with these guns. Someone bought an AR for $1000, added every expensive aftermarket accessory (over-the-top optics, lights, and 'military' coolness), replaced perfectly working parts with 'custom' parts that added little to nothing other than an attempt to impress others, and now have a $3000 firearm that might be worth 1500 at best.

I know that people buy firearms, spend the money to customize their guns, and believe their updates are worth every penny. But when those same people try to sell that gun, the reality is many of those updates are worth little to nothing to a buyer. Particularly when someone built that gun and acted as their own 'gunsmith.' Who wants to take a chance on someone who built their own gun unless they're a qualified, reputable builder? I don't and I'm not alone.

This is just one of the factors in today's market with used guns.

Offline crosstimbers

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Re: Buyers market
« Reply #22 on: November 09, 2023, 11:03:35 AM »
You're right. I'll add something to that, having worked in a pawn shop for a time after I retired. Don't think that a scope, accessories or extra magazines will factor into what you might get selling a firearm. The amount offered will be for the firearm alone. The scope may or may not remain on the rifle to sell, or be sold separate. Extra magazines will also be sold separate. The shop makes more money this way, though I never felt it was especially noble. I wasn't the boss and his house his rules. My understanding is most pawnshops are this way.
It's not saving any water if you have to flush it over and over....

Offline Derjg

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Re: Buyers market
« Reply #23 on: November 11, 2023, 07:13:02 AM »
Very beautiful

Offline RSR

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Re: Buyers market
« Reply #24 on: November 14, 2023, 06:27:57 AM »
It's always a buyer and seller's market. What I see now on various sites are high-dollar firearms and custom guns in the $1500 and up that the sellers are trying to sell for top dollar. Add to that the high-dollar 'tactical' (tacticool) items bought during the panic buying from 2019-2022.

Many of these sellers don't comprehend that all the expensive extras they bought above the stock gun's price are getting pennies on the dollars for these items in the used market. Generally, people don't want a custom gun unless they make it a custom gun.

The AR market is saturated with these guns. Someone bought an AR for $1000, added every expensive aftermarket accessory (over-the-top optics, lights, and 'military' coolness), replaced perfectly working parts with 'custom' parts that added little to nothing other than an attempt to impress others, and now have a $3000 firearm that might be worth 1500 at best.

I know that people buy firearms, spend the money to customize their guns, and believe their updates are worth every penny. But when those same people try to sell that gun, the reality is many of those updates are worth little to nothing to a buyer. Particularly when someone built that gun and acted as their own 'gunsmith.' Who wants to take a chance on someone who built their own gun unless they're a qualified, reputable builder? I don't and I'm not alone.

This is just one of the factors in today's market with used guns.

You're right -- ARs have been being dumped at huge discounts and the black rifle market is over-saturated.  However, that alone doesn't a buyers market make...

And the economics of pawn shops is a whole other deal -- on firearms, they tend to buy for the biggest ticket item in order to not lose money, and then consider everything else as gravy...
I don't think I've been in a pawnshop in over a decade, so this is probably outdated -- but, when you look at what they sell, their prices tend to span the gamut but priced to-sell, so splitting up items tends to allow them to offer each lower than otherwise and have several lower-priced items for budget-sensitive consumers and/or deal-seekers...
Basically, pawnshops are cashflow games pricing to the median and buying under that at whatever their margins necessitate, not maximizing market value of any given item. 

Offline ohiodff

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Re: Buyers market
« Reply #25 on: November 15, 2023, 08:22:55 PM »
I just picked up a Shadow 2 for $900, CZ #9 for me.  Guy said he had it for sale for a couple of weeks with no takers at $950.  I've seen some pretty solid prices on a large online broker site that shall not be named as well, seriously considering picking up a couple new .40 options.  Definitely seems like a good time to buy.
CZ P-07
CZ PCR - CGW
CZ 85 Combat
CZ SP-01 ODG
CZ P-06
CZ 97B
CZ P-10C
Colt King Cobra 6" .357 magnum
A bunch of inferior pistols

Offline Derjg

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Re: Buyers market
« Reply #26 on: December 10, 2023, 02:59:49 AM »
Looks really good

Offline Alcoy

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Re: Buyers market
« Reply #27 on: December 10, 2023, 07:12:31 AM »
I just picked up a Shadow 2 for $900, CZ #9 for me.  Guy said he had it for sale for a couple of weeks with no takers at $950.  I've seen some pretty solid prices on a large online broker site that shall not be named as well, seriously considering picking up a couple new .40 options.  Definitely seems like a good time to buy.

Looks like a very deal.  Time to update your “sig-line” 😁.

Offline compdocjoe

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Re: Buyers market
« Reply #28 on: December 12, 2023, 10:00:19 AM »
I noticed prices in my area have not only come down but a lot of choice pieces are sitting unsold!
I just scored an 75B Omega for 495 NIB with 4 factory mags!

Offline Derjg

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Re: Buyers market
« Reply #29 on: December 12, 2023, 10:46:41 PM »
Sweet!!