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How are you guys determing prices?

Discussion in 'General Firearms Forum' started by Raz-n-co, Feb 19, 2013.

  1. Raz-n-co

    Raz-n-co

    29
    0
    Sep 3, 2012
    I am conflicted!!!! :dunno:

    I am looking to sell some guns to fund other projects.
    Prices are all over the place, I feel like I am gouging people, but then I can't replace these items for the same money.

    I see people saying I'll pay reasonable prices? How are you determining reasonable in today's market?
     
  2. sappy13

    sappy13

    2,666
    1
    Sep 30, 2007
    Bremen, GA
    Sell fir current market value. They want it. You have it. And like you said, if you sell for pre panic values you can't replace it

    posted using Outdoor Hub Campfire
     

  3. 4 glocks

    4 glocks

    1,950
    50
    Jun 29, 2010
    I think the best place to sell now is on Gunbroker.
    I sold a couple guns in the last two months and could not believe what they sold for. Just put a starting price with the least you would take and see what happens. You do need to factor in GB fees and FFL fees(buyer pays). This way you are not price gouging anyone just letting supply and demand determine the price. I sold a mint Ruger service six for about $300 more than I expected and the buyer was very happy with it. I time my auctions to end on the weekends when more people are at home.
     
    Paul53 likes this.
  4. 427

    427

    6,997
    0
    Nov 23, 2009
    KUMSC
    If someone willingly pays your asking price, you are not gouging.

    "Reasonable" prices are whatever someone will pay - whatever that is.

    Price it high, especially if you can't replace it at any price - you can always lower your price.
     
    Last edited: Feb 19, 2013
  5. Bruce M

    Bruce M

    42,099
    13,366
    Jan 3, 2010
    S FL
    My guess is that for the vast majority of people who are purchasing guns right now, the purchases are a luxury, rather than a necessity. Based on that presumption I would not feel guilty asking towards the upper end of the price spectrum. My guess is that prices will stabilize and even come down a bit on some things such as sixty dollar Glock magazines.
     
  6. 3rdgen40

    3rdgen40 .45 fanatic

    7,705
    2
    May 3, 2008
    Arkansas
    The higher the price the more determined these idiots are to buy it.The number of morons paying $2K and up for $800 AR's just amazes me.
     
  7. itisbruno

    itisbruno Devious Member CLM

    34,140
    22,378
    Mar 6, 2005
    Raccoon City
    Good advice, set a reserveor starting price @ your bottom dollar and a "Buy it now" price hundreds of $$ more ... never know what some PEOPLE WILL PAY
     
    Last edited: Feb 20, 2013
  8. Create accounts on gunbroker and gunauction web sites.

    Do an advanced search for guns that have actually sold, not just the ones people are listing.

    That will give you an idea of the market value.

    Remember anyone buying off those sites is also paying shipping and a dealer transfer fee on top of the price listed.

    posted from my stupid smart phone, please excuse any spelling mistakes.
     
    Last edited: Feb 20, 2013
    J.R. Bob Dobbs likes this.
  9. PVolk

    PVolk

    1,437
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    Oct 2, 2009
    Michigan
    I use GunBroker to gauge current value. I figure an auction site will show the prices people are actually currently paying, not just listing value or advertised/asking price.
     
  10. AK74play

    AK74play

    1,604
    3
    Jun 26, 2010
    Indiana
    I cant even comprehend why gun owners are gouging other gun owners and making it harder on anyone looking for anything. Panic caused the shortage, it didn't make them cost more. This is personal preferance and the day will come when they will wish they hadn't done it just like befor. To me no gun is worth 1 penny more than what it Blue Books for, just like automobiles. If your stupid enough to pay it you dont understand that their not the only game in town. It's a big country out there and there are still some willing to sell for real prices.
     
  11. 427

    427

    6,997
    0
    Nov 23, 2009
    KUMSC
    Who sets the prices/values for blue book and what's that figure based on?

    If you say market value, the market changed - drastically- with the election and sandyhook -those values at the time of printing are no longer valid.
     
    Last edited: Feb 20, 2013
  12. M2 Carbine

    M2 Carbine

    22,444
    6,927
    Dec 21, 2002
    Texas
    As a matter of fact I'm selling a gun this week.
    I don't especially want to but a lady I'm helping with her shooting wants the gun. Third time this has happened.

    With a couple extra mags, some spare parts, and a 40 S&W conversion I probably have $500 plus in the gun.

    I'm selling it for $250, a good price and I'll probably throw in some 9mm ammo.

    I just figure what's a fair price and maybe sell it a little below that.
    I don't care what the current situation happens to be, like the current shortage. I just do what I think is fair or I wouldn't be selling the gun.
     
    Last edited: Feb 20, 2013
  13. Raz-n-co

    Raz-n-co

    29
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    Sep 3, 2012
    Here is an email string from this dork.


    On Feb 20, 2013, at 4:50 AM, replyrequested@armslist.com wrote:

    Message from: co556guy@gmail.com

    Message regarding: p230
    I'd be interested at around $400, which is what this pistol is actually really worth unless you are trying to sell to someone who isn't legal....

    On Feb 20, 2013 5:59 AM, wrote:
    Really? Show me where you can find one for that price with 500 rounds of ammo and buy it.
    I've had 9 people ask about, can't be that over priced.


    On Feb 20, 2013, at 7:12 AM, Adam Belew <co556guy@gmail.com> wrote:

    Then sell it to them.

    On Feb 21, 2013 7:22 AM, wrote:
    Adam,
    Just thought I would let you know, I sold my .380 it to the first guy that emailed for $800. It's funny he was excited & more than willing to pay that. So much so he wanted to know if I had anything else to sell.

    Thanks for your "expert" opinion. Next time if you don't want to pay the going rate don't, but don't bother legitimate sellers, just move on.


    Hans,

    Glad you got your asking price. Glad i didnt pay it. What it is worth to me, what it is worth to the guy trying to buy in a panic and to a guy in mumbai is going to be different.

    I offered a sum that i was willing to pay. I got outbid. Im ok with that.

    Im free to offer whatever i want. You are free to accept or reject. I will not stop offering what im willing to pay when i see something i desire, but i dont NEED to buy, which puts me in a good position.

    ------------------------------------

    soo........... How would you guys respond to this?
     
  14. I would say "Thanks for your interest in my auction(s). Please continue to check back, as I might list something at a price you are willing to pay."

    And I would not solicit/encourage/accept email offers while the listing is active. It is an auction. If they want it, let them bid against others who might also want it. If no one else bids, they by definition got it at a price they were willing to pay.


    Posted using Outdoor Hub Campfire
     
  15. method

    method

    4,217
    289
    Mar 27, 2002
    Cleveland, OH
    Why would you respond to it?

    Like others have said, check recent completed auctions.
     
    G23c likes this.
  16. Raz-n-co

    Raz-n-co

    29
    0
    Sep 3, 2012
    I should have just let it go... But it's really bugging, I know it shouldn't.

    mehttp://www.glocktalk.com/forums/images/smilies/tempted.gif

    I sold the gun and ammo for the going rate on gunbroker to a great guy locally. Great suggestion!!
     
  17. Lvs1935

    Lvs1935

    762
    585
    Jan 24, 2013
    What he said. If the bidding goes up you have no reason to feel bad about it. Any item is worth what someone is willing to pay. I only get irritated when somebody has a stupid opening bid to start with.
     
  18. Ruggles

    Ruggles

    10,280
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    Jun 13, 2005
    Tejas
    And there are some really crazy starting prices out there. Many you see with 0 bids with 2 mins left on auction. :rofl:

    People are either overly greedy or out of touch on some of these auctions.
     
  19. Warp

    Warp ΜΟΛΩΝ ΛΑΒΕ

    16,337
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    Jul 31, 2005
    Atlanta
    The most accurate method would be to put it on an auction site and let the market sort it out.

    Start with a low opening bid, perhaps what you paid for the item back in a normal market, and no reserve. You get what you get.
     
  20. 4 glocks

    4 glocks

    1,950
    50
    Jun 29, 2010
    Yes just let it go. I have been selling online for several years and you get all kinds of BS offers, armslist is the worst.

    I have had several people make offers on a gun and when I said yes they backed out of the offer.

    The BS is just part of the game. You can always say no,
    every time I did someone always came along paid my price with time.

    Gunbroker is the way to go.