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Trade in Value

Discussion in 'General Glocking' started by Colt452zigzag28, Oct 23, 2012.

  1. Colt452zigzag28

    Colt452zigzag28

    42
    0
    Mar 28, 2011
    VA
    Recently was at a Gun Shop and was wondering what the trade in value of my Glock 22 Gen4 was.... Turns out they would give me $250... Is that a Joke??? :wow:

    I don't know why anyone would trade in guns if that is the case...Looks like I am going to need a bigger gun safe..
     
  2. Smokin45

    Smokin45

    500
    68
    Oct 15, 2012
    Dirty Duval, FL
    Try private sale? $250-$300 sounds about right for a trade in
     


  3. That's pretty good for trade in value. As Smokin45 said try a private party. Prolly get $75 to $100 more.
     
  4. Clutch Cargo

    Clutch Cargo Amsterdam Haze

    1,050
    0
    Nov 29, 2010
    DFW
    Cabela's will offer you 30% off the retail blue book price. Private sale is the way to go unless you really NEED to make a trade.
     
  5. D.S.Brown

    D.S.Brown Millennium Member

    790
    0
    Dec 24, 1999
    North Texas
    Yeah, a little economics lesson is needed. If the gun store offered you full blue book value for your gun, that would leave them ZERO profit margin. They can't sell it as new because it is not, the best they can do is break even. Since they're in the business to make money the latter is unacceptable.

    So they go in the opposite direction, and offer say maybe half of blue book, which then widens the profit gap by possibly as much as 100%, though most of the time it is 60% - 90% profit. For instance they take in your used gun at $250, and a couple of days later you see your former gun in their counter going for say $450 - $475. That leaves enough wiggle room usually between the choice of a new or used one say anywhere from $50 - $100, and thus a customer may justify the savings to be allocated to other things, i.e. buying some accessories for the used gun with the money he/she saved by buying used. Most importantly the substantial profit margin protects the gun stores interest, because everyday the gun sits in the case unsold, it's value depreciates, albeit slowly, but it does.

    I worked the counter of a gun range in Dallas for six years, that's how I know this.

    The best advice has already been given. Sell the gun privately, that way you will get the most for the gun. Good luck.

    Best,

    Dave
     
    Last edited: Oct 23, 2012
  6. kaech

    kaech

    418
    0
    Jan 26, 2012
    CG wisconsin
    Here in southern WI, u get 350 w/o Ns
    400 w/ns
     
  7. kaech

    kaech

    418
    0
    Jan 26, 2012
    CG wisconsin
    ^^^ but gen 4's also go for 599
     
  8. t4terrific

    t4terrific

    868
    146
    Sep 8, 2011
    Look for a gun trading web site in your state. You can easily get $450 for a nice Glock 22, more if you are patient or have some popular extras like night sights or extra magazines.

    Gun store trade ins are just too one sided. I advise anybody to never trade in at a gun store. They will usually only give 50-65% of what they will sell it for. Some firearms, that makes sense. They may not be able to resell them right away. Glocks are totally different. Used Glocks sell easily for just a few bucks less than new ones. I see Glocks with lots of wear sell for more than $400.
     
  9. Taycel

    Taycel

    4
    0
    Aug 24, 2012
    I would bury my Glock before I would let it go for $250 - trade or sale (unless my family was starving, of course). I traded my daughter's Ruger SR22 (I paid $310 OTD for it this summer) for a NEW Gen4 26 three weeks ago and the dealer - 1st time buyer from him - took the Ruger and my $275 OTD on the deal. :cool:
     
    Last edited: Oct 23, 2012
  10. Buckeye Glocks

    Buckeye Glocks

    170
    0
    Jun 29, 2008
    My LGS will give you 70% of what they can sell the gun for. So if they can sell a used Glock for $400 they will buy it from you for $280.
    Bottom line - private sale is best.
     
  11. gadgetnut259

    gadgetnut259

    799
    137
    Oct 8, 2011
    You will always make out better on a private sale...period. A gun shop has to make a profit and they can't sell your used gun for the price of new.
     
  12. Taycel

    Taycel

    4
    0
    Aug 24, 2012
  13. Just like the car market....you get screwed on a trade in.

    Sell it outright and you will get 400-425 easily.

    -brickboy240
     
  14. Finestkind

    Finestkind

    122
    3
    Apr 24, 2011
    All but 2 of the Glocks I own were purchased used through a gun or pawn shop. Cheaper than buying new. I know that i could not resale them for what I paid to a shop.


    Finestkind
     
  15. Bruce M

    Bruce M

    39,513
    10,345
    Jan 3, 2010
    S FL
    Not a joke but as stated a simple reality of trying to make a profit.
     
  16. t4terrific

    t4terrific

    868
    146
    Sep 8, 2011
    I bought a Glock 26, with new trijicons and 4 mags for $440. I can sell the pistol for $450 on Florida Gun Trader, and get $20-$25 on Ebay for each of the 3 extra magazines.

    That is, if I wanted to.
     
  17. dkf

    dkf

    5,435
    126
    Aug 6, 2010
    Then they will put that used Glock in the case for $500. I have seen $500 used Glocks in the case at my local Cabelas. Basically the reason why I will never buy a gun from Cabelas. My local shop sells new Glocks for under $500.:upeyes:
     
    Last edited: Oct 23, 2012
  18. SJ 40

    SJ 40

    13,346
    3,033
    Jan 17, 2011
    Vermont
    Agreed,Cabellas is some place I go for fishing gear,camping supplies and even boots. I may look at their guns but I have yet to ever see any gun that I would purchase from them, SJ 40
     
  19. SJ 40

    SJ 40

    13,346
    3,033
    Jan 17, 2011
    Vermont
    Agreed,Cabellas is some place I go for fishing gear,camping supplies and even boots. I may look at their guns but I have yet to ever see any gun that I would purchase from them. SJ 40
     
  20. Colt452zigzag28

    Colt452zigzag28

    42
    0
    Mar 28, 2011
    VA
    Ya not looking to sell the gun. Was just wondering what the trade in value was. Knew it wasn't going to be the original price in which I purchased. Then I went and looked at the new Glocks and saw that they were only priced around 450-550 depending on Cal and Extras.

    I agree with burying it before I trade it in. I'll end up keeping it in the end and either giving it to my Father or Sister who wants to be LEO also.