How To Value A Used Gun?
Posted March 17 2012 - 06:58 PM
Posted March 17 2012 - 07:34 PM
As far as dealers go you are lucky to get 50% of the guns retail value. Most states make dealers hold trade in's until
the public safety (LE) folks check the guns paper trail, etc. That time eats profits so... The ONE consolation of trading
it in to a dealer is THEY have to deal with all that legal crap. Valuable? Yes, but is it worth such a big chunk of change?
Most likely not. I might post a "For Sale" sign including a picture at your gun club if they allow it. Best to sell it to someone you
know or are familiar with. Just keep good transaction records.
Posted March 17 2012 - 09:47 PM
- SMB 6.1
Posted March 17 2012 - 10:20 PM
Posted March 17 2012 - 10:38 PM
50% of value? I'll probably end up keeping it. Can never have too many guns right?
Yep, a gun you can sell for ~$499 will "normally" command 250-300$ as a dealer trade in. Of course there are exceptions. But the polymer handguns like the Glock's, XD's and M&P's are plentiful and in low demand "most places". So yes, keep it shoot it and wear it out!
Posted April 05 2012 - 04:52 PM
Now it seems the used ones are much higher than 50% the cost of new, there more like 60% to 70% price wise depending on what it is and the condition. Lets say it costs new at $1,000 the used priced was the norm of $500 now there more like $650 to $750.
There are no great buys on the used stuff anymore like there once was.
Motivation is the key to success.....
Remember on a bad day just throw the lure you never tried yet.....
Posted April 05 2012 - 06:50 PM
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