What are you doing people?

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Trying to make money off of sheep instead of arming the fellow man at FAIR price.

It's not gouging it's selling at the going price. Just like gasoline prices go up when the supply is low.

If the price didn't go up do you think there would be anything to buy now? What good would your "fair" price be if the shelves were empty?
 
I guess we all don't see my point. For as long as I can remember I bought and sold used guns for .65-.75 cents on the msrp dollar, not everytime, but mostly. And I understand more than most about how awesome it is to sell something for what you paid for it. BUT having an AR (that for the last 5years was worth $500) and selling it for $1500-2000 isn't capitalism, isn't playing the market, isn't being a good American. It's flat out taking advantage of someone. Playing on someone's FEAR to jack up prices on goods that are marginal at best. Feeding fear, panic and taking advantage of it is a tactic communist and terrorist use. Before the 2nd amendment came to be I'm sure people weren't trying to sell there rifles at BS prices and saying the government is coming to get theses so give 300% of what I paid for it. Using people's ignorance against them is wrong, if you only knew how many people asking after a shooting "I thought those guns were illegal how'd they get them" or see an AR at my store and ask if it legal to buy one or what the wait period is. Instead of taking advantage why aren't we educating people on guns. I don't know maybe I live in a time long passed.
 
I guess we all don't see my point. For as long as I can remember I bought and sold used guns for .65-.75 cents on the msrp dollar, not everytime, but mostly. And I understand more than most about how awesome it is to sell something for what you paid for it. BUT having an AR (that for the last 5years was worth $500) and selling it for $1500-2000 isn't capitalism, isn't playing the market, isn't being a good American. It's flat out taking advantage of someone. Playing on someone's FEAR to jack up prices on goods that are marginal at best. Feeding fear, panic and taking advantage of it is a tactic communist and terrorist use. Before the 2nd amendment came to be I'm sure people weren't trying to sell there rifles at BS prices and saying the government is coming to get theses so give 300% of what I paid for it. Using people's ignorance against them is wrong, if you only knew how many people asking after a shooting "I thought those guns were illegal how'd they get them" or see an AR at my store and ask if it legal to buy one or what the wait period is. Instead of taking advantage why aren't we educating people on guns. I don't know maybe I live in a time long passed.
Have you looked into supply and demand? Nobody is putting a gun to people's head and making them pay extra. Now, in say a year, if someone comes in with a gun they paid $2k for, are you going to offer them 65% of $2000, or 65% of the value of the gun?
 
It's flat out taking advantage of someone.

I would disagree. (I'm not buying or selling anything right now, by the way.) The buyer is paying a premium to insure that they don't get left with nothing if Feinstein's bill goes through. $1500 would be a small price to pay for a weapon that you could never buy again. I don't think that's likely, but it's piece of mind and they are willing to pay it. If half the sellers out there decided to "be honorable" and not sell their AR's are these "inflated prices" there would be fewer AR's on the market and the price of the remaining AR's would go even higher.

I agree that there are some out there using over-the-top rhetoric to feed the mass hysteria and that is unacceptable. Education on the what has happened with gun bans in the past and what exactly is being proposed is important and I hope people are taking the time to educate themselves before spending money on these items. No one knows what the landscape will look like by summer. In the remote chance that a transfer bad does go through, these high prices will be "the good old days".
 
The overall one sad thing about it is the cheap AR's are the ones that are mostly going at the truely insane mulitples of their normal price. Looking at GB a few hours ago I found that the basic low end (previously $700-$800) Busmasters were selling for only slightly less than the higher end AR's that would normally sell for $1200+. If seems many of these higher end AR's, particulalry from the less well known brands are selling at only sliglhtly inflated prices (1.5 times normal market or less).
 
Infidel4life11:

So your idea of being a good American is to pass up the opportunity to make a profit and sell your weapons for .65 cents on the dollar when the market is dictating two or three or four times that. How that does equate to being a good American? Maybe it makes you a good Comrade. ;) These people are now scrambling to buy weapons that most of us on THR KNEW would eventually be a target of this administration in a second term. All that was needed to justify what is about to happen was a "good" crisis. I remember someone once saying that a good politician "Never lets a crisis go to waste."

But back to the OP's point, if I had an extra AR, I don't know what I would do. I might see if one of my friends needed one and sell it to him at a small markup from what I paid. I might post it online and get everything I could for it so I could buy extra ammo or another gun I wanted. I don't know. The point is it would be my choice, and it would be someone's choice to buy that AR from me at the "inflated" price; or not. As long as the potential buyer knows EXACTLY what he is getting and he agrees to pay the asking price of his own free will, nobody is getting screwed. However, if a third party steps in and says you can only sell your AR for X amount and the potential seller does not feel that is a fair price for HIM to sell it at, then guess what, no ARs for you! Now everyone is getting screwed! The market will be devoid of ANY ARs. How is that fair to someone who waited too long and is now wanting to purchase an AR?

Sure I think it is dumb to pay $2,400 for a $800 AR, but I'm not about to ask for the government to step in and fix it. That is the only way you could control it.

For those of old enough to remember, Jimmy Carter tried to control gas prices. "As always happens, when the government tries to circumvent the laws of supply and demand to artificially set a price, the supply dries up. No one will continue selling a product after the profit has been taken out. It's too bad Jimmy Carter never studied Economics 101." Quoted from "http://www.low-cost-gas.org/gasoline-price-history.html"

You can't protect people from themselves. I have enough to do with protecting myself and my family from idiots and oblivions.
 
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Hi Point is in existance because of the last ban. No external magazine.
Maybe off topic but wasn't Hi Point Firearms, also known as Beemiller (Distributed by MKS Supply) was in business in 1992 actually founded on February 18, 1992 well in advance of the 1994 assault weapons ban? Not that it matters much. I remember selling some of their early stuff.

Ron
 
Infidel4life11:

Let me be clear that I do share your frustration with what is happening. However, my frustration is with the sheeple who failed to see this coming whereas your frustration seems to be directed at the people who did see this coming.
 
Market value is the price at which an asset would trade in a competitive auction setting.


Fair value is a rational and unbiased estimate of the potential market price of a good, service, or asset. It takes into account such objective factors as acquisition/production/distribution costs, supply vs. demand.


Market value is often used interchangeably with open market value, fair value, fair market value, or fair market price although these terms have different definitions


Market value and market price are equal only under conditions of market efficiency, equilibrium, and rational expectations.


So what we have going on is ARs are selling for Market Value/Price rather than selling for Fair Value/Price.


The OP has a point and some of the replies have confused Market value/price with Fair value/price.


It isnt always good. Look at the housing bubble that has largely resulted in the worst economy since the Great Depression.

Housing was selling for Market Value and not Fair Value.
 
Infidel4life11:

Let me be clear that I do share your frustration with what is happening. However, my frustration is with the sheeple who failed to see this coming whereas your frustration seems to be directed at the people who did see this coming.
true my friends, I agree people should of seen this coming. I just makes me sad now that this has come upon us. I don't mean to offend anyone.
 
So what we have going on is ARs are selling for Market Value/Price rather than selling for Fair Value/Price.


The OP has a point and some of the replies have confused Market value/price with Fair value/price.


It isnt always good. Look at the housing bubble that has largely resulted in the worst economy since the Great Depression.

Housing was selling for Market Value and not Fair Value.

Good post. I agree, but Capitalism in its purist form will always have people paying more than they normally would when demand far outpaces supply based on unforeseen events. In this case, although the actual event could not have been predicted, it was common knowledge that the current administration would eventually get around to gun control legislation. They were uber-patient and waited for the right trigger event.

As they say, the National Procrastinators Association currently has one million members; and two million more who have yet to join!

true my friends, I agree people should of seen this coming. I just makes me sad now that this has come upon us. I don't mean to offend anyone.

No offense taken. It's good to be passionate about something. Our country needs people with passion. The day may come where your passion for what you believe to be good and true is all that keeps you going.
 
BUT having an AR (that for the last 5years was worth $500) and selling it for $1500-2000 isn't capitalism, isn't playing the market, isn't being a good American. It's flat out taking advantage of someone. Playing on someone's FEAR to jack up prices on goods that are marginal at best. Feeding fear, panic and taking advantage of it is a tactic communist and terrorist use.

Wow, wow, wow!!! It is a capitalism, it is supply and demand rules. People a free to sell at any price and to buy at any price. Communists were the ones who made a speculation a crime.

I can understand a frustration of not being able to afford to get into the last departing train (I am in the same boat myself), but that's how it works. ;)

The demand is so high now that one can put a $600 rifle on GB with a starting price of $1 and it will fly away for $1800 or more. There are some guys selling their extra equipment on forums or via consignment at local shops with heavy markups, but those are droplets in the ocean. All the dealers have huge backorder logs at the moment and having hard time restocking, so we have yet to see their newly 'gouged' prices. ;)
 
Nothing is the best. If you're a member of this forum you do have firearms and some ammo. I will cut out shooting for fun, otherwise I won't pay inflated prices for ammo or a gun I don't already have. IF we survive a few years might have some good buys, if not as always I'll depend on me.
 
I am neither buying nor selling , so i must be that " next " gunowner a bunch of you will wail and gnash teeth about ... the horder .

Come on guys , I dont have an ar-15 either right now , but I don't resent the price they are bringing . I just won't buy one unless and until they come back down a longways towards the price they were selling for . Not a one of the " secondary market " retailers can force me to spend a cent .
 
How many people here refuse to buy things on sale, because it is taking advantage of the seller?
 
Ron... you are correct. I should say they became popular because the filled a niche nicely during the last ban.

Im not sure what I am... I had one... didnt like it... bought another one... dont like it much either... Now I have the better part of a third and I do not like it either. But... I will never get rid of any of them unless they all of a sudden cost me $600 a year to own... then I will take them out for a boat ride.
 
Ron... you are correct. I should say they became popular because the filled a niche nicely during the last ban.

Im not sure what I am... I had one... didnt like it... bought another one... dont like it much either... Now I have the better part of a third and I do not like it either. But... I will never get rid of any of them unless they all of a sudden cost me $600 a year to own... then I will take them out for a boat ride.
:) Years ago when we had the shop and worked the shows the guns (Hi Point) caught on real quick up here in Cleveland. Hell, many were made 50 miles down the road. One day I figured what the hell and tossed in a High Point .45. I swear the gun was a club! I think I finally sold that thing at cost and never bothered with another of their guns. They also sold direct at gun shows locally so most dealers had no use for them as we couldn't compete obviously. They are very, very affordable which is nice and I think my brother has a rifle, not sure which one. Yes, they did fill the post 94 nitch quite well for many.

As to this entire AR affair? I own a few and do not plan to part with any of them Actually two AR 15 types a Colt Sporter Target and a Double Star Corp which was just about given to me and actually with a Kreiger barrel shoots really well. My AR 10 is a built up ArmaLite. Anyway, no plans to part with any of my guns.

Ron
 
I guess we all don't see my point. For as long as I can remember I bought and sold used guns for .65-.75 cents on the msrp dollar, not everytime, but mostly. And I understand more than most about how awesome it is to sell something for what you paid for it. BUT having an AR (that for the last 5years was worth $500) and selling it for $1500-2000 isn't capitalism, isn't playing the market, isn't being a good American. It's flat out taking advantage of someone. Playing on someone's FEAR to jack up prices on goods that are marginal at best. Feeding fear, panic and taking advantage of it is a tactic communist and terrorist use. Before the 2nd amendment came to be I'm sure people weren't trying to sell there rifles at BS prices and saying the government is coming to get theses so give 300% of what I paid for it. Using people's ignorance against them is wrong, if you only knew how many people asking after a shooting "I thought those guns were illegal how'd they get them" or see an AR at my store and ask if it legal to buy one or what the wait period is. Instead of taking advantage why aren't we educating people on guns. I don't know maybe I live in a time long passed.
I do.

I think I'll term what isn't understood here as "sheepism".

Good luck, Infidel.
 
Selling your $500 AR for $1500 to someone is NOT taking advantage of anyone. They WILLINGLY paid your asking price, no open forced them to do so. Whether they panicked or not is not YOUR problem.
There is no such thing as gouging when it comes to guns
 
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Good post. I agree, but Capitalism in its purist form will always have people paying more than they normally would when demand far outpaces supply based on unforeseen events. In this case, although the actual event could not have been predicted, it was common knowledge that the current administration would eventually get around to gun control legislation.

Capitalism is an economic system characterized by private or corporate ownership of business/goods unlike socialism which would be government owned. Think General Motors vs Government Motors.

Fair Value vs Market Value and price gouging can occur in both a capitalism or socialism economic system.

Bottom line... the price increases really dont have anything to do with capitalism. It has everyting to do with maximizing profits (some may call it greed) which is desired in any economic system.
 
Well, I did sell a Colt HBAR that I've had for sale for 6 months, for a little more than I originally was asking. The buyer was glad to get it, 'cause he didn't have an AR. I'm also selling a Glock this weekend I've had for sale for about a month. I won't miss these firearms, the cash will go towards a S&W Model 19 and various revolver ammo when I find it. I saw .44 mag ammo at Wal Mart for $49 a box of 50. Who would of thunk it?
 
I guess we all don't see my point. For as long as I can remember I bought and sold used guns for .65-.75 cents on the msrp dollar, not everytime, but mostly. And I understand more than most about how awesome it is to sell something for what you paid for it. BUT having an AR (that for the last 5years was worth $500) and selling it for $1500-2000 isn't capitalism, isn't playing the market, isn't being a good American. It's flat out taking advantage of someone. Playing on someone's FEAR to jack up prices on goods that are marginal at best. Feeding fear, panic and taking advantage of it is a tactic communist and terrorist use. Before the 2nd amendment came to be I'm sure people weren't trying to sell there rifles at BS prices and saying the government is coming to get theses so give 300% of what I paid for it. Using people's ignorance against them is wrong, if you only knew how many people asking after a shooting "I thought those guns were illegal how'd they get them" or see an AR at my store and ask if it legal to buy one or what the wait period is. Instead of taking advantage why aren't we educating people on guns. I don't know maybe I live in a time long passed.

Where is this wonderful shop of yours that must currently be selling guns for half or one third of what everyone else is selling them for???
 
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