Selling on Gunbroker
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Poper
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That's because it doesn't cost anything to keep relisting the item until it sells. IMHO, it is lazy, greedy and obstinate sellers that mostly employ this strategy. They don't really care if they sell the item.
A friend in the new car business will not keep a unit on the lot that doesn't sell within a specific time frame. He will do whatever it takes to move it as it is taking up the space and resources of something that WILL sell. He says it is important to turn over the inventory. His philosophy is faster turnover makes more profit. Deadweight inventory costs profit. He's been at it over 40 years, so I take his word for it.
YMMV.
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hemiram
Member
Every so often, I see an auction on GB that confuses me. Say there is a clean used, in nearly new condition Glock, or other in production gun, that is widely available new and instead of buying one of the new ones listed right next to the used one, a couple of people will bid to the point the used gun is more than a new one is. I don't understand it, except maybe it's like when my grandmother would be driving on the highway and just refuse to be passed. She would get really angry, and repeatedly pass the car that dared to pass her again and again. Her last car wasn't all that powerful,and some guy in a new GTO blasted by her and she couldn't catch him, which just enraged her. She actually asked my dad if her would loan her the money to hop up her car. He laughed at her when she told him why.
FFGColorado
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I sell a fair amount of stuff on ebay and to some, it's the "thrill of the chase", kinda like gambling and competition to some, to bid on stuff.
hemiram
Member
I know why they do it, but I don't understand how they make sense of it after doing it once. If that makes sense?
OP
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HB
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As long as the seller feels he’s getting a good deal, he’ll come back for more. Thats why I’m trying to find the best way to sell on GB!!
He's asking about people buying used guns for more than a new one costs. On local websites that are used to arrange face to face sales you see that where someone wants to buy a gun in a private sale with no paperwork. Since a gun bought on GunBroker would be shipped to a local dealer for transfer that wouldn't be the case. I think the explanation is that a lot of people are impulsive or dumb and overpay for things without doing the most basic price research.
Elkins45
Member
I’ve bought a few guns on GB. Given that (a) you can’t examine it (b) you have to pay shipping (c) you have to pay the FFL transfer fee I always bid lower than I would be willing to pay if I saw the gun in a local shop. I would never pay the “full” price for a gun on GB unless it were a new gun I can’t find locally. I bought my S&W 69, Springfield Armory 1911 and a Walther P99 that way, but they were from the same seller and were significantly less expensive than buying locally even with adding the $40 for shipping and transfer.
My point is that I wouldn’t expect the average bidder to be willing to give the full market price for a used gun unless it is something uncommon, or a niche product like my AR that was a “loophole” gun. I would much rather sell a gun here on THR or a local face-to-face show if I wanted to get the market price.
My point is that I wouldn’t expect the average bidder to be willing to give the full market price for a used gun unless it is something uncommon, or a niche product like my AR that was a “loophole” gun. I would much rather sell a gun here on THR or a local face-to-face show if I wanted to get the market price.
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