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LGS is trying to make a low ball offer on my Sig

Discussion in 'Handguns: Autoloaders' started by Flfiremedic, Aug 31, 2010.

  1. Flfiremedic

    Flfiremedic Well-Known Member

    Wanted to trade a basicly new Sig P220 Elite, 3 mags, and a holster for a Savage rifle that retails at $799. Said he'd go $400 at most...says Sigs just don't sell. Does he know something I don't?
  2. whatever

    whatever Well-Known Member

    He knows his bottom line and what he needs to turn a profit. He doesn't make any money trading guns...he makes money SELLING them.
  3. Geordie

    Geordie Active Member


    In your area. Do what I do, make a counter offer. If you can't live with his offer say thanks and walk away.

    ABTOMAT Well-Known Member

    Gun stores always lowball. especially in trades. Sell that Sig private party and get that Savage for a few bucks.
  5. Flfiremedic

    Flfiremedic Well-Known Member

    Yeah...guess I'll wait till a gun show and try to sell...or try gunbroker.
  6. wow6599

    wow6599 Well-Known Member

    Not buying this for a second. They make MORE money if you trade in a gun like the OP's wanting to trade in. So they give you $400 for the Sig and you add another $400 on top of that for a Savage? Really.....come on. Essentially they're getting around $1000 for a Savage that probably cost them $625+/-. He will resale the Sig for $600 + the $400 you throw on top to make the deal.

    Some shops are worse than used car lots.
  7. TexasRifleman

    TexasRifleman Moderator Emeritus

    They do what they can do to make money, can't really fault them for that.

    The customer can always just turn and walk away.

    I've never had an offer for a trade-in that didn't make me laugh out loud. I usually just shake my head and say "no thanks".
  8. Flfiremedic

    Flfiremedic Well-Known Member

    He screwed up...couldn't find the price in the blue book so I helped him. Saw the As new used Retail price $1k.
  9. Deaf Smith

    Deaf Smith Well-Known Member


    Buy low, sell high. That is the way of the business world.

    If he trades even, at the most he makes nothing while his cost for things like utilities and rent still take a toll.

    Gun shops usually give you about 1/2 of what he gun would cost them if they ordered a new one. Then they up the price to almost the same as a new gun (some up it even more) and then maybe give a bit on selling.

    And that is why I rarely trade guns at gun shops anymore. I'll talk them down some for a cash deal, or do a lay-away, but trade... nope.

    Only with the guys in the IDPA/IPSC where I shoot will I trade guns. And we usually just do a fair trade.

  10. thezoltar

    thezoltar Well-Known Member

  11. CPshooter

    CPshooter Well-Known Member

    Or you could do the obvious and sell here on THR. I've sold several guns and always received what it was worth. Why bother with the LGS???

  12. yep, gunshops are not charitable institutions. not sure why people walk in there expecting their gun's weight in gold....
  13. wow6599

    wow6599 Well-Known Member

    No disrespect, but $400 for a $1000 Sig with all the extras? What should one expect for that?
  14. rscalzo

    rscalzo Well-Known Member

    Shops around here have so many used guns they stopped taking them in. Two local very active shops barely have any room in their cases. A big turnaround from a year ago. So prices are not going to be high. Best bet is a private sale.
  15. MikeNice

    MikeNice Well-Known Member

    The guy said $400 because he expected you to try talking him up. He never would have traded even. He wants to make as close to double on a used gun as possible. Mainly because used guns sit on the shelf longer than new guns. That means every second it sits there it takes up room a new gun could be using. That means he is actually taking on an "opportunity cost."

    Most people I know never buy used unless it is a gun they just have to have or it is a rarity.
  16. TexasGunbie

    TexasGunbie Well-Known Member

    Do you ever watch Pawn Shop on History channel??

    Guy comes in with something worth 10g!

    The pawn shop guy offers 2g and said "It's worth 10g at most, but if I put it in an auction to sell, it will cost me 10 percent. And I am not sure if it will sell for 10g at the auction."

    Go post it on a gun trading website, you'll get better offer that way. What holster do you have? if it's only 50 bucks when you bought it, then consider it worth 10 when you do a trade, because a holster that fit you might not fit someone else.

    Some people even treat holsters as freebies, unless you are talking about some nice fine cowboy leather holster.
  17. dpends on the condition and average resale value (which is higher with older euro sigs). not to mention most gunshops sell higher than 10% over cost, especially used, despite what they tell customers.

    if it's not what you're looking for, simply go to another shop, or sell it yourself.
    Last edited: Aug 31, 2010
  18. DustyVermonter

    DustyVermonter Well-Known Member

    I could never sell a gun at a gun shop.

    I have a sentimental attatchment to all of my guns and would only sell them according to what they are worth to me if I absolutely had to, Which would be MSRP or higher, which is unreasonable so I don't sell guns, I buy them.

    BTW, your LGS is the last place you want to go to sell a gun, gun shows too for that matter, how's that gun-show motto go: Did you just buy that beautiful work of art or are you trying to sell that POS?
  19. DustyVermonter

    DustyVermonter Well-Known Member

    My wife bought me an old pump action 12ga years ago for $150, a game warden confiscated it for "allegedly" having it in the loaded condition in my car, which technically it wasn't but anyway long story short I ended up having to pay $324 just to get it back.

    So in the end a $150 shotgun quickly turned into a $500 shotgun, but I couldn't just let them keep it for its sentimental value and the fact that it was a birthday present from my wife.

    BTW, when I got the shotgun back it was all dinged up and scratched from having been banging around in the back of the game wardens pick-up.....nice huh?
  20. TIMC

    TIMC Well-Known Member

    No different from trading in your car, a dealer needs to make money on it so if you expect fair value sell it yourself!

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