Sell a gun to have "new gun cash"?


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Ignition Override
May 9, 2011, 02:30 AM
How popular is this method to acquire quick cash for a different type, or a duplicate etc?

Even if you could save money over a few months (or more) for a favorite sort, would many guys or gals sell something just to avoid the need to be very patient?

The temptation is that a road trip though a few small towns could otherwise lead to hasty, impulsive ATM withdrawals after a surprise in a shop with milsurps etc (i.e. Whittaker's in KY).

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RichBMW
May 9, 2011, 05:17 AM
I'm reluctant to sell any of my guns because the return on the original investment is not impressive. A local gunshop offered $150 for my nearly new Ruger LCP if I traded it on a new Ruger LC9. That's half of what I paid for it. And I don't sell guns to the guy waiting in the parking lot of a gun show who wants to buy a gun for more money but could never pass a background check.

scythefwd
May 9, 2011, 07:49 AM
I sold a chinese sks, a FEG P9r, and a mossy 500 with 2 barrels to fund my bow, with a lot left over.

Sold my Stevens 840 and my rossi m68 to fund a CZ Rami in 40.

Will I regret any of it... maybe the stevens 840. Though I'll probably get something made if I really start to miss it. Something like an stevens 200 with a .30-30 barrel.

WVleo
May 9, 2011, 08:57 AM
Selling guns to fund other gun purchases is very popular if You read the forums or Your local Buy/sell/trade papers. But if You trade at a gunshop or sell at a pawn dealer they are looking to make the profit off the deal. Better to sell privately to reap any finiancial gain from a earlier purchase to fund the next one. Guns are tools and I like some tools better than others and sometimes a tool outlives it's owners use for it and You need another type tool. ....WVleo

PX15
May 9, 2011, 09:00 AM
JMOfartO:

Being old, retired, and poor, I have found that often "selling a gun" to finance a "new gun" has become a necessity.

I'll qualify that by saying that I won't sell a gun I LIKE to buy a different gun, but IF I am not using a particular gun anymore, or I have duplicates, or if I have just lost interest in a gun, for whatever reason, I'll certainly part with it to buy a new love. (lust?).

For example I had three "A" grade HK P7's. Unique, desirable, often hard to find at a reasonable price.. I didn't expect to ever part with any of them...

I now have ONE "A" grade HK P7...

What happened?

Well, as good as the classy HK P7 is, it's not the best choice for a cc 9MM pistol.. Top heavy, low capacity, unusual "squeezecocker" design that is just contrary to what I've preferred for decades in my self defense choice..

I hope to always keep my remaining P7, but I sold the other two to finance new interests..

I bought a new HK P2000sk (V3) with the proceeds of one, and a NIB 22cal. Winchester 63 (Miroku) with the other. :D

I'm happy, happy, happy with my decisions.. I have two different firearms that I actually shoot and enjoy, and I HAD two extra P7's gathering dust in the gun safe. (for 3 years actually).

I still have my personal pleasure plinker P7, but I simply didn't need THREE, two of which I never shot..

So I would suggest you keep what you love, and sell what you don't, to finance a new love.....

What I try to never do is just SELL a gun, unless I intend to replace it..

But that's just me..:)

Best Wishes,


Jesse

Ala Dan
May 9, 2011, 09:16 AM
After a few year's of selling/trading/swapping, I have finally nailed down my
collection to what I really want; and I can't see doing any of the above just
to finance another firearms project~! Maybe the right gun hasn't come along;
and tempted me just yet, I don't know~? :uhoh: :scrutiny: ;)

CajunBass
May 9, 2011, 09:33 AM
I used to sell/trade guns all the time. Yes, I sold/traded off guns I wish I hadn't, but at the time, I saw something I wanted more.

Now, I can't really think of anything I've got that I'd sell or trade.That doesn't mean I wouldn't, it just means I can't think of any that I'm willing to put on the block NOW. I also doubt I'd get enough for them to make it worthwhile.

These days I just depend on layaway. My favorite dealer offeres 90 days, with 20% down. Works well for me.

Sav .250
May 9, 2011, 09:45 AM
Different strokes for different folks. "Shooters " are always up for movement.
"Collector" pieces ............stay!

ForumSurfer
May 9, 2011, 09:56 AM
I have a few "keepers" and a few "not-keepers."

If I am unsure of whether I will like a particular gun or not, I'll search high and low until I find a used one that I know I could resell for the same price or more.

Why be patient to save money and not sell anything when I have guns that I'm not particularly fond of? I won't sell one at a loss, but if I can get the original purchase price or within $50, I'm ok with that. Once you factor in ammo and gear prices, all of my weapons are giant money pits, anyway.

I am in trouble, though...I sold my last "not-keeper" yesterday.

Yarddog
May 9, 2011, 10:03 AM
"[Sell a gun to have "new gun cash"?]"

Years ago when I lived pay check To Pay check & the yunguns needed school stuff or
somthing or another.

Not in this point in my life, Ive sold alot of guns and regret MOST, Now I only buy, And
it's going to be a deal at that ; )
Y/D

hso
May 9, 2011, 10:08 AM
Happens all the time.

ForumSurfer
May 9, 2011, 10:27 AM
Ive sold alot of guns and regret MOST

That's it, right there! I don't regret selling any of mine.

My father is my polar opposite. He's kept every single weapon he ever bought or inherited, yet he only shoots one or two of them. I shoot all of mine. If I don't like to shoot it, it goes away. Let's face it, if it has sat in your safe for a year without being shot while other weapons are getting shot on a monthly basis or less...you don't like shooting it as much as you think you do.

I could afford to keep them, but I can try many different types since I trade often. Trading is another good option. Times are tough and I've discovered there are many people like me. It is really easy to trade one gun for another of a completely different type when they are valued the same, thanks to wonderful trading posts like the one here.

HGUNHNTR
May 9, 2011, 10:32 AM
I do it all of the time to keep the inventory fresh. I really enjo having new firearms to shoot. Eventually their will become a point when the guns you have are in the collection because you reall enjoy them. The process of refining my collection based on my specific taste has taken decades, and I really am enjoying what I have...not to say any of them couldn't go down the road to make room for something new. :)

ambidextrous1
May 9, 2011, 10:40 AM
Like most others, I've regretted selling some of my guns; but I have quite a few firearms that I haven't fired in over five years. I'm going to sell them and buy fewer guns, but guns that I'm likely to shoot regularly for a few years.

USAF_Vet
May 9, 2011, 10:46 AM
Maybe when my collection gets much bigger, but I really haven't sold any guns, to fund another or otherwise.

JoelSteinbach
May 9, 2011, 10:54 AM
Over the years I have purchased many guns on impulse, Thinking WOW that really looks great. I have shot every one that I bought over the years. I recently sold 5 handguns that had only been shot once, that I have had for many years at a large profit over my initial investment. Most of my guns are keepers, even though they have been in the sefe for many years, but because of many fond memories I will let them stay in the safe

22-rimfire
May 9, 2011, 11:18 AM
Sell a gun for quick cash, sure. That's why you see so many guns at pawn shops and why friends or coworkers come to you for a quick sell. Selling a gun has little impact on my overall finances, so I do not sell unless I simply don't want the gun anymore. I own one firearm that I would currently sell if an opportunity came up.

I used to buy and sell all the time and enjoyed it a lot. Didn't make much money, but it kept me in the game and it was fun. It also gave me a reason to attend gunshows regularly. I do not sell online.

I keep a modest cash reserve available for impulse buys. I prefer cash. If I use an debit card or write a check, I deposit the money at my first opportunity to even the books out again. But that is rare. There are currently no firearms that I need.

Flynt
May 9, 2011, 11:21 AM
My policy is to keep life simple; don't live with clutter and extraneous possessions, whether it's junk in the garage or extra guns. However, I rarely succeed in practice. I get a rush from scoring a reallly cool gun or accessory. Gunshows and online sales make buying really easy -- too easy. I buy a lot of stuff with the intention of making space for it by selling the redundant items -- I've got 7 "pig guns" for example -- but the selling part never seems to happen. It's a PITA to take pictures, post the ad, meet a potential buyer, etc., so I always procrastinate. In the meantime, I fall in love with another beauty and buy it. PLEASE HELP ME! :D

PX15
May 9, 2011, 11:29 AM
FWIW:

Another reason I've found for "selling" to "buy" is when your interest fades for one genre of firearms as another emerges...

For example, I'm an old fart (almost 69) and the pleasure I had for decades shooting my pistols has faded along with my eyesight and steadiness of hand..

But..

Blessedly, my appreciation for rimfire rifles (my first gun at 12 was a single-shot 22 rifle) has emerged as I can see well enough with a rifle to target plink (casual) just fine..

Additionally, the ever increasing prices of centerfire ammunition has taken a lot of the fun out of shooting those larger caliber firearms while I can still (today at least) buy a bulk pack of Federal 22's (550rds) for less than $20.00..:D

I'm still holding on to my favorite pistols/revolvers (20+), but I've replaced several pistols/revolvers that I simply either did not enjoy shooting, or had multiples of anyway with some pretty nice rimfire rifles..

Everyone needs at least one 22cal. rifle... That's why I have 7... :cool:

I say, keep what'cha like shooting... Sell the rest and buy some more of the ones ya like...

No offense to those who don't see it my way.. I'm right and never let facts sway my opinions.

Jesse

http://i9.photobucket.com/albums/a73/Laserlips/100_2347.jpg

rocky branch
May 9, 2011, 11:39 AM
As a youngster, that was business as usual.
Sold, traded many I wish I coulda kept.

Later years I managed to accumulate more pieces.

Now retired and smaller income, I have slowed downa lot.

I got stuff I ought to sell as it is taking up space.

I have to think twice and budget a bit before anything new, though.

788Ham
May 9, 2011, 11:50 AM
I've had quite a few firearms I wished now I'd never have parted with, Browning BDA .380, Ruger Single Six .22, always wanting something else, not what I really wanted after the sale. I've got a couple of rifles that hardly see daylight now, but will never part with them, handed down family members, the quality being 100 times better than those made today. Buying a used one, supposedly hardly shot, then finding you have to invest 35% more into it to get it running like new, definitely not good. As I've gotten older, I now want what I have, the new shiny ones don't really have that sexy, needed now appeal. YMMV

welldoya
May 9, 2011, 11:56 AM
I used to buy and sell a lot. Nowadays not that much. But I did learn that the thing to do if you sell a gun is put the money away until something comes along that you want. Otherwise, it just goes for groceries and school clothes for the kids.
I sold a couple of guns that I didn't shoot much about a month ago. I put the $850 aside. That way when I see a deal on something I want, I can jump on it. I buy most of my guns used and only when it's a good deal.

clance
May 9, 2011, 12:07 PM
How popular is this method to acquire quick cash for a different type, or a duplicate etc?

Even if you could save money over a few months (or more) for a favorite sort, would many guys or gals sell something just to avoid the need to be very patient?

The temptation is that a road trip though a few small towns could otherwise lead to hasty, impulsive ATM withdrawals after a surprise in a shop with milsurps etc (i.e. Whittaker's in KY).

It depends. I'm currently auctioning off a Remington LNIB 11-87 Premier 20ga. on GunBroker.com trying to raise money for a Parker Bros. DHE 20ga. in need of restoration but mechanically sound.

What would you do with if you were in this position?

MrWesson
May 9, 2011, 01:14 PM
I'm reluctant to sell any of my guns because the return on the original investment is not impressive. A local gunshop offered $150 for my nearly new Ruger LCP if I traded it on a new Ruger LC9. That's half of what I paid for it. And I don't sell guns to the guy waiting in the parking lot of a gun show who wants to buy a gun for more money but could never pass a background check.


You sold your LCP to a dealer for 150 and the dealer then sells for 350 at the gun show and the guy in the parking lot offering 250 is the bad guy..?:rolleyes: I know this is the high road but :banghead:

MachIVshooter
May 9, 2011, 01:58 PM
I used to NEVER sell guns. But as I've gotten older, my tastes have changed some, or I've found one that I'd bought didn't fulfill it's purpose to expectations.

I would only urge someone to consider carefully how available the desired new weapon is/will be and how difficult it may be to replace the one you're selling.

oldbear
May 9, 2011, 02:02 PM
In my much younger days, I often sold one handgun to get the nest "must have" gun. I don't regret selling many of them but I really!! wish I had not sold my ring hammer Browning H.P.

Now at my somewhat advanced age I've come to understand that selling handguns is not as easy as it once was and as soon as I sell one I want it back.

ForumSurfer
May 9, 2011, 02:12 PM
I've got a couple of rifles that hardly see daylight now, but will never part with them, handed down family members, the quality being 100 times better than those made today.

That isn’t always the case. I have more than one 100 - 150 year old pieces of junk that I inherited. Several handguns and long guns made today rival or best quality firearms that are decades hold...and the reverse is also true. Quality is dependent on the craftsmanship and components of the firearm and has nothing to do with the age.

Another reason I've found for "selling" to "buy" is when your interest fades for one genre of firearms as another emerges...

Another great reason. I also do this as my children's interest in different areas emerges. They will remember the time we spent and the don't need a hunk of steel and wood to do so IMO. I keep a few memorable ones to pass on, though...just because. But for the most part, I want to keep them and myself shooting. I don't need to accumulate dozens of weapons that never get shot to do so. The safe is already borderline over-crowded.

This is one of those things that there isn't a right or wrong way to do it, except for maybe selling a weapon at %80 loss to the pawn shop/dealer. To each his/her own on this one, whatever keeps us happy and shooting is right.

SwampWolf
May 9, 2011, 02:52 PM
Sell a gun to have "new gun cash"?

Selling an existing gun in my inventory just to gin up enough jingle in my jeans to pay for the latest gun gleam in my eye has always been a recipe for regret. The thing is, I've never acquired a firearm unless I really wanted it at the time (that is, I don't invest in "trade stock"). So, whenever I decide to get rid of a gun for whatever reason, it means that I'm parting with a gun that, at least at one time in my life, I really wanted. And, because my wants and tastes don't change that much over time, I always end up regretting losing a treasure I already had because I was too cash-poor at the time to finance the "latest and greatest" or the "goldest and oldest".
How diabolically easy it is to rationalize reasons for getting rid of a treasured existing gun via trade or selling it solely because you don't have enough cash to buy the newest gun on the block! So I now exercise a little more patience and a little less lust. I keep the guns I have and only acquire new ones when I can afford them. Of course, there's always lay-away...:evil:

wallerus
May 9, 2011, 05:41 PM
I have sold over 3/4 of my collection to try to keep a business alive that was doomed anyway.

Never more

If it comes to me it stays with me until I be dead.

GRIZ22
May 9, 2011, 06:02 PM
I'm reluctant to sell any of my guns because the return on the original investment is not impressive.

You need to keep them long enough if you're looking for a return. The Colt Commander I bought used for $125, the S&W Model 19 for $130, and even the Chinese SKS I paid $75 will all give me some return on what I spent.

I see nothing sinister about selling a gun to finance a new purchase. It can be a case of the only way to get the money up, many don't have limitless funds for gun purchases. You may have the cash but sell a gun you don't use to buy something you will or want.

Buying, selling, and trading guns is meant to be.

Ignition Override
May 9, 2011, 10:40 PM
It would be easy to replace that Mini 30 (sold FTF), other than the wood/stainless looks.
Plenty are still being built, and with better sights, thicker barrels.

The Yugo 48A Mauser could be sold (also FTF only), because I quickly learned that aperture sights had spoiled me and do not care for the Yugo's sights at all.

The main motivation is my impression that actual WW2/Korean-era rifles are no longer being built:scrutiny:, will never get any younger or cost less.

nwilliams
May 10, 2011, 03:11 AM
I sell guns all the time to fund new guns.

Of course when you own as many guns as I do (let's just say a lot more than a dozen) it's often quite easy for me to find one or two guns that I can part with due to lack of use and then use the money to buy something I might use more often.

The one thing I will not do anymore is trade guns in for other guns. In my younger years of gun collecting I did this a lot and it took me a couple years of doing it before I realized what a mistake I was making. If you trade a gun into a gun shop you are guaranteed to loose 30-40% of what you paid for that gun, it's loose loose situation for you and gun shops love it.

When I discovered Gunbroker and started using it to sell any unwanted guns it was soon apparent that I should have been doing it this way all along. Most of the time when I sell a gun on GB I'll loose less than $100 of what I paid originally. In many cases I got such a good deal on the gun to begin with that when I sell it I make a profit or at least break even, usually this happens when I find a used gun at my local shop for a great price and then later decide to sell it.

So buying and then selling later doesn't bother me in the least. There are quite a few guns in my collection that I refuse to part with but there's always a few that I'm willing to sacrifice when I come across a new gun that I simply must have and don't have the cash on hand to buy it outright. I'm a huge fan of gun layaway, with a little money down the gun is yours and you have time to pay it off and if need be it gives you the time needed to sell a gun or two in order to make that happen.

doc2rn
May 10, 2011, 04:09 AM
Pretty much have all I want or ever need, but I still have 3 I could trade if the mood struck me for a must have gun. Like others have said, if its not a shooter for me it goes in the trade pile.

earlthegoat2
May 10, 2011, 08:42 AM
I buy first and sell later. I have what I want to sell planned out in advance but I do not have what I want to buy planned out, just a price range.

This way I can still impulse buy within reason. If I cannot move the item I want to sell for the price I want then that is just the risk I take.

Im a bottom feeder though too so risk is balanced out that way.

chez323
May 10, 2011, 09:18 AM
The answer is yes and know........ I never sell the guns I like/love. Well that's not true, my divorce kinda forced me too. But since then the only guns I've sold are ones that I didn't really like or become attached too. I may see a good deal on a gun that I'm sorta interested in, buy and then find out it just wasn't for me. So I sell it to finance a purchase of something I'm more interested in. One of those things where the deal was too good to pass up sorta thing. I'm sure everybody has at least one of those impulse buys in their purchasing history. LOL Anyways, if I'm not into that gun I see no reason to hang on to it when I could sell it buy something else.

GRIZ22
May 12, 2011, 01:48 AM
If you trade a gun into a gun shop you are guaranteed to loose 30-40% of what you paid for that gun, it's loose loose situation for you and gun shops love it.


That is a big mistake as you state. Nothing wrong in trading guns in a FTF deal. Everyone usually goes home happy.

mr_goodbomb
May 12, 2011, 04:53 AM
I've bought musical equipment for 10+ years, and have bought and traded for so long that I can't keep track of how many guitars and basses I've owned. Probably more than 100, easily. It's always a shame when I remember that the same can't be done with firearms. It seems like every place that you can sell them, other than private sales, which are restricted to local or require expensive transfers, is basically selling it for half price. Locally, it's even less, with all the shops being high priced, gun stores and pawn alike, and giving very little for sales and trades.

BigN
May 12, 2011, 05:52 AM
No. I keep a stash of cash in my gun safe for toy purchases, guns, fishing equipment, or just a quick infusion of cash for my pocket. I have a certain amount I maintain. When that's spent on whatever, I build it back up to the required amount by taking as much as I can from a paycheck and putting it back. When it's back up to where it should be, I can buy something else :-) There aren't any guns here I'd like to sell.

BigN
May 12, 2011, 05:55 AM
No. I keep a stash of cash in my gun safe for toy purchases, guns, fishing equipment, or just a quick infusion of cash for my pocket. I have a certain amount I maintain. When that's spent on whatever, I build it back up to the required amount by taking as much as I can from a paycheck and putting it back. When it's back up to where it should be, I can buy something else :-) There aren't any guns here I'd like to sell.

Jonah71
May 17, 2011, 11:36 AM
I've traded quite a few over the past 2-3 yrs., but the only one I've sold for the cash was a taurus UL .22mag 2" bbl. I'm just too attached to the ones I have left, and it would take something I wanted very much for me to consider a trade at this point. Even though I've made a few good trades, most of the time, even though I "trading up", I feel like it wasn't the smartest thing to do economically. Most likely there aren't any new or different guns in my near future because I would have to pay cash. I'm traded out.

montanaoffroader
May 17, 2011, 10:57 PM
I've sold a few in order to buy other guns. I have some I will never get rid of, and some that I'm not quite so attached to. I'm slowly building up my collection of "keepers" though. The older I get, the more I want to hang on to........:)

doc540
May 18, 2011, 11:31 PM
You bet'cher bippy....to buy another gun I'll sell one faster'n a minnow can swim a dipper.

pockets
May 19, 2011, 09:27 AM
I don't sell/trade much these days. Seems like most every gun I've sold or traded over the decades, I regretted getting rid of. Some I ended up buying the same model again.
I have a side-business that I do specifically for funding guns, guitars, vacations, etc...toys and fun. If I see something I like, I already have the funding sitting in an account to buy it. I don't have to sell one to buy one.
I have dozens of firearms; some are shot often, some rarely get shot, some of them were just bought to shoot a little and look at a lot.
Different streaks for different freaks.
.

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