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Gun trade in value

Discussion in 'General Gun Discussions' started by avs11054, Jul 19, 2011.

  1. avs11054

    avs11054 Well-Known Member

    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?
  2. rellascout

    rellascout member

    Its like my underware.....

  3. avs11054

    avs11054 Well-Known Member

    haha...i get it now...on what?
  4. rellascout

    rellascout member

    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.
  5. N003k

    N003k Well-Known Member

    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.
  6. rellascout

    rellascout member

    What if is it very unique.... :evil:
  7. mrslim

    mrslim Active Member

    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.
  8. Ohio Gun Guy

    Ohio Gun Guy Well-Known Member

    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.
  9. oneounceload

    oneounceload member

    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
  10. rule303

    rule303 Well-Known Member

    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.
  11. Shienhausser

    Shienhausser Well-Known Member

    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.)
  12. avs11054

    avs11054 Well-Known Member

    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.
  13. lono

    lono Well-Known Member

    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.
  14. Larry Ashcraft

    Larry Ashcraft Moderator Staff Member

    Underwear, maybe? :confused:
  15. xdfan_nc

    xdfan_nc New Member

    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.
  16. Sam1911

    Sam1911 Moderator

    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.
  17. Redlg155

    Redlg155 Well-Known Member

    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.
  18. PapaG

    PapaG Well-Known Member

    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.
  19. sixgunner455

    sixgunner455 Well-Known Member

    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.
  20. Bubba613

    Bubba613 member

    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.

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