Gun trade in value


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avs11054
July 19, 2011, 08:40 PM
If I am going to trade in some guns, what percentage of their used retail value should I expect to get? Will it differ for each gun? Are some places better than others to trade the guns in at?

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rellascout
July 19, 2011, 08:42 PM
Its like my underware.....

http://also.kottke.org/misc/images/un-depends.jpg

avs11054
July 19, 2011, 08:51 PM
haha...i get it now...on what?

rellascout
July 19, 2011, 08:59 PM
The make and model of the gun, condition and then your local market.

A good rule of thumb is that you can expect about 60% of the used retail value of the gun in trade.

For example a Glock 19 is a $450 to $500 gun used. You can expect to get no more than $300 in trade.

N003k
July 19, 2011, 08:59 PM
Age, Condition, how common it is, what season it is, the finish, the barrel length, the stock color, the color shirt you're wearing, the temperature (both inside and outside the store...), really, any and everything. Fair market value is key, but also consider if it's a hunting gun and if the hunting season just ended. If that shop has a ton of shotguns in all configurations, both new and used...they wont give you much for yours unless it's quite unique.

rellascout
July 19, 2011, 09:01 PM
What if is it very unique.... :evil:

mrslim
July 19, 2011, 09:14 PM
It probably all depends on the man behind the counter your dealing with. Im getting ready to trade in rifle of mine for a henry. My hope is that they will say "Sure that sounds like a good deal" :) But im prepared for the worst.

Ohio Gun Guy
July 19, 2011, 09:50 PM
My guess, if the most value is what you are after then sell them dont trade them in.....however that can be a hassle. If top dollar is not critical and low or no hassle is preferred then trade them in.

From what I've whitnessed at the gun counter, the shop buys for 50% or less. If you watch pawn stars, you'll get the idea.

oneounceload
July 19, 2011, 09:53 PM
60% on a good day, 40% from a pawn shop - they have to be able to turn it over and move it out of their inventory quickly

rule303
July 19, 2011, 10:26 PM
I generally offer 60% of blue book, sometimes more if I have a buyer in mind, or if it is a nice example of a hard to find item. If it is a hard to sell item it would be less, because I am going to price it to move so it is not taking up shelf space. If it is a run of the mill AR you paid $1200 for during the 08 panic, well... good luck.

Shienhausser
July 19, 2011, 10:32 PM
This is good information as I was curious also.

I would hate to get rid of a gun at all but I may in the future (I really want a 6" 586 to go with my 6" 686.)

avs11054
July 19, 2011, 11:55 PM
So in AZ if I choose to go to a gunshow and sell it, are there any specific rules I need to consider? What questions do I need to ask of a potential buyer? Do I need to see any type of ID? Do I need to use any forms like a bill of sale? Can I sell ammo with the guns? Sorry mods if I just morphed this into a legal thread.

lono
July 19, 2011, 11:58 PM
www.budsbuysguns.com check out this sister site to budsgunshop.com. They give you a price on many popular models without you entering any info what so ever.

Larry Ashcraft
July 20, 2011, 12:14 AM
underware :confused:
Underwear, maybe? :confused:

xdfan_nc
July 20, 2011, 09:55 AM
The LGS I use give a fair value. Knowing that they tag 10% on what they pay for new, we usually dicker around so that they could sell what I am trading and make 20% as they are taking a gun that may not sell as quickly as new one. If I do not feel I am getting a fair price I can try one the those gun auction sites too.

Sam1911
July 20, 2011, 10:04 AM
So in AZ if I choose to go to a gunshow and sell it, are there any specific rules I need to consider? What questions do I need to ask of a potential buyer? Do I need to see any type of ID? Do I need to use any forms like a bill of sale? Can I sell ammo with the guns? Sorry mods if I just morphed this into a legal thread.

You NEED to have no knowledge or reason to know that the buyer is NOT a resident of your state and/or a minor and/or prohibited from owning firearms.

If you want to be sure of the first one, you can check a driver's license or other photo-id.

Some folks ask to see a CCW permit to try and establish a bit of "good guy" background, but that's obviously not required -- nor really any of your business whether he does or doesn't have a permit.

You can write up a bill of sale if you want. Not required, though.

Redlg155
July 20, 2011, 02:10 PM
A private seller is always your best bet. Dealers will most often offer you $100 dollars less than their price from the distributor. Depending on condition, it can go down from there. It doesn't matter that he can buy a Kahr PM40 for $550 NIB and sell it for $700 plus. You will be lucky to walk away with $450.00.

As for AR15s, you will take a serious beating. Prices are down to $700 to $900 for brand name ARs for a NIB rifle. Value goes down even more if you have a kit built Frankenrifle.

PapaG
July 20, 2011, 04:50 PM
We use the blue book, agree on the percentage condition, and then, if the gun is something we think we can sell, usually offer about 80% of the blue book agreed upon value. We don't trade for Hi Points, Davis, Lorcin, or any of the "watch list" guns, and if the gun is in horrible condition, we politely decline. Some just want rid of the things and make us ridiculously low offers which we sometimes take. Right now, things are slow so we often turn down some things that would be sellers at a better time.
A used Gen 1 Glock will bring 350 in 95% condition, later gens a little higher. Examples in the past week: Remington550-1, 90% $100, sold for $150 later. Security Six 4", 98% with box and papers got the owner $300, sold for $379. We'll take a little less and go for return customers.

sixgunner455
July 20, 2011, 05:00 PM
Gunshow or consignment is your best bet, really. Consignment gets your gun in front of more people on a daily basis than most private sellers could contact, even if they were trying to sell the stupid gun all day long themselves. I sold one earlier this month that way, and got the exact minimum amount I was interested in selling it for.

Pretty easy to make deals at gunshows, too. Again, that's getting your guns out in front of people. I was at a gunshow in Tucson Saturday. Several guys walking around with guns for sale, some with little signs describing what they had. Makes it easy to approach the guy if he has something you want. And guys with tables will buy them sometimes, too, if they are interested in what you have.

Bubba613
July 20, 2011, 05:39 PM
The more time and hassle you want to put into it, the more you'll get it. One of the things you pay the dealer for in taking a lower price is for him to hassle with selling it.
In my shop I pay more for the things that I generally sell. If I dont have one in stock it is worth more to me. So if I don't have a Glock 19 in stock I would pay close to $400 for one in the box.
A 6" Ruger GP100 wouldn't get nearly the same attention from me because I have trouble sellign a gun like that. A hunting rifle or shotgun out of season I will need to just about steal to make any money on it.

Hunterdad
July 20, 2011, 05:49 PM
Honestly, be prepared to be disappointed.

Ignition Override
July 20, 2011, 10:20 PM
Yes, without a doubt.

Having carried my stainless/wood Mini 30 (very good condition) around three gun shows, where people want you to discount another $100 for Their benefit, I finally had luck on a local sale in a Sam's parking lot.
He already accepted the $550 firm price before he arrived.

The buyer saw it on "Thefiringline", "WTS" months ago. One problem is that a "FTF only" sale severely limits your market.

Fanky
July 20, 2011, 11:49 PM
If I ever have to sell a firearm, I only go to my LGS. He is usually pretty set on 70-80% of Bluebook value. I do a lot of business with him though, so I might do a little better than your average joe passing through.

nwilliams
July 21, 2011, 04:52 AM
Don't trade-in your guns! I can't stress this enough, it's worth taking a little extra time to sell your guns privately.

In my early days of gun collecting I bought a lot of guns and then traded them for other guns when I wanted something new. I lost a ton of money doing this and it took me a couple years before it finally dawned on me just how much money I was loosing by trading-in my unwanted guns and now I get sick to my stomach when I think of all the money I lost.

Gun shops will offer you perhaps 30-40% of the value of your gun depending on how quickly they think they can sell it and what kind of profit they can make. If a gun shop sells a brand new Glock 22 for $550 then they will probably offer you $300-$350 for your used Glock 22 because they know that they most they can probably sell your used Glock 22 for is $400-$475 and they want to make a profit.

When I want to get rid of unwanted guns I sell them privately or on Gunbroker. I still often loose money but there is a big difference between loosing 15-20% by selling than loosing 30-40% by doing a trade-in. There have also been times when I've come close to breaking even or gotten more than I paid by simply selling my unwanted guns.

avs11054
July 21, 2011, 08:15 PM
So I was looking at the sales prices of certain guns on gunbroker. If I go to a gun show, how closely should I expect to get to those prices?

Vaarok
July 21, 2011, 08:40 PM
Not very. Auctions are competitive sales and people don't bid logically. Lots of people see a rare whatever sell, then assume their common one is worth that. Other times a common whatever will sell for a ridiculous amount because two idiots decide to compare penis and wallet sizes, simply don't care what it costs because they need gratification, or are willing to pay above average market because it's an item not available near them.

Never trade guns unless you're honestly trading and know both what you're getting and what you're giving.

FROGO207
July 21, 2011, 09:20 PM
I tend to keep most of mine.:D But when I do want to get rid of something I will sell privately as this is the most profitable option. However I once traded a Dan Wesson 357 snubby for a 45 Colt and feel that I got the best end of the deal. The DW was more of a paperweight than a revolver as the trigger weight was at best 16 pounds.:barf: I buy from friends and their friends for reasonable prices when they need some ready cash. I always try to best the gunshop prices at least and i get a fair amount of offers.
As far as on line auctions go the finished auctions is where you go to find true value of your item not the current for sale items.

kimbershot
July 21, 2011, 09:33 PM
i look for deals before i buy anything. my goal is to buy low and if i sell--sell at what i paid for it or make some $$. this has allowed me to upgrade my collection of firearms. i only keep what i use--so most times i will buy something that i will trade/sell. this philosophy has allowed me to accumulate a dw valor and colt compact with my net out of pocket of zero$$.

when i sell outright, i use gunbroker. rifles and shotguns can go through the u.s. mail. handguns--i have a dealer who charges me 10.00 to send a handgun through the mail. this way, i can keep from paying the overnight fees that can be 50-70.00 (in addition to the auction price).:eek:

jeepmor
July 24, 2011, 02:19 AM
I'm going to buy a 600 new gun for 440 tmw that only has 300 rounds thru it. It might have dbl that by this time tmw after I get home.

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