Affording guns

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wyocarp

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If the economy is as bad as the media is making it out to be, how is it that guys are buying the amounts of guns and ammo that are being bought?

Certainly the gun buyers are going to run out of money before suppliers run out of guns? Or at least I hope so. I didn't do any panic shopping. I buy a lot of guns and ammo on a regular basis although I did start putting more money into "assault" type weapons recently.

I lot of people are thinking gun prices are going higher. Don't you think that if the guns take a dramatic hike upwards that they are going to sit on the shelves after this initial surge in buying?
 
Me personally, I've been hit VERY hard by the economy, as I'm paid on a production basis, and right now production is at a standstill. What I'm doing is selling nearly everything I don't need to fund rational firearms purchases.

I have a lot of toys and stuff, that I doubt will ever be subject to any type of ban, like rc cars and trucks, that I'm selling on ebay or other ways. I can always re-purchase those at a later date, but I might not ever have another chance to buy a pistol or more ammo after this administration starts up.

Certainly I hope that I'm 100% wrong, but just in case, I'll take care of it asap.
 
Or, most likely, will get much, much cheaper. The rules of supply and demand will prevail. At some level an individual will satisfy his precieved needs for 30 rd. mags, 9mm ammo, EBRs, etc.
 
The economy isn't bad for everyone. My wife and I both work in the oil and gas industry, even in the industry down times in the 90's we both managed to keep jobs. The one time I got layed off I had job offers in 48 hours.

My wife and I live in a house that costs less than 9 months of our combined salaries, it was about 1.2 times our salaries when we bought it in 1997.

When I went car shopping last year I had offers for 100% financing on everything from Mercedes ML's to $40K ford pickups, one bank offered a $50K auto credit line and didn't care what I bought, wound up spending $18K for a Chevy Colorado. When my wife went car shopping earlier this year same thing, people were going to give us $50K in 100% financing for new Mercedes and BMW's, wound up getting a $17K Honda Fit.

Yes we have been lucky with our industry, but we also live well within our means. That means on a monthly basis I can indulge my two main collecting areas about as much as I want.
 
Keep alert to buy low and sell high. In distressed times like these prices are going to change overnight. People are probably going to pay the big bucks on their credit cards and then sell the gun when the bill comes due.

Funny though, they will be bailed out by the government when they can't pay.

jj
 
I cant speak for those who can actually afford to go out and purchase "assault" class weapons. However, I fell prey to the recent gun craze. I went out and purchased another .45 ACP, but with a 13 shot mag capacity. Then I bought 10 more 13 round mags, just in case some ridiculous restrictions were in the works. Was this truly necessary? Maybe not. Would my wife divorce me should she find out? Probably so. Personally, I threw down the plastic on this one. "Desperate times call for desperate measures" or so they say!;)
 
I hope that the majority of reputable dealers are not raising prices because of a panic on buying starts. If any in my area are, then that signals me to not deal with them now or in the future. In regards to affording guns, most middle income people would find it hard to pony up to $800 to $1000 cash at any time. There are options however, credit cards, layaway.
 
The "run" seems too be on "black-evil assault type rifles"; as I spent
most of the last three days showing these types of weapons to all
my clientale. As for me, I'm just holding on to what I already have,
taking a "wait and see" attitude; and holding on too my possessions
at all cost~! ;) :D
 
I like the fact people are squeezing their pockets to buy guns in mass numbers.

1. More guns out of FFL hands.

2. More AWB rifles that will be "pre-ban" if that a ban were to arise.


Go...Go...Go...stimulate our economy!

Buy USA made firearms!
 
I already sold all of my "less practical" guns. I'm thinking medical research, sperm donation, or good ol' panhandling. :)

How do you think people would react to a "homeless-looking guy" with a sign that said "Need to buy a gun before O____ bans them all. Anything helps. God bless"? :D
 
The Great Depression wasnt bad for everyone, either. But it was bad enough for nearly 40% of the country. Alot of people want what they want while they can - be it a possible ban or a possible economic bottom-up
 
Personally, I threw down the plastic on this one. "Desperate times call for desperate measures" or so they say!

Be careful with that. Panic - "desperate" - buying on credit seldom makes much sense. The phrase "threw down the plastic" is colorful, but paying interest is not very much fun. Don't ask me how I know. :)

Mike
 
Would my wife divorce me should she find out? Probably so.

Being single does have it's advantages.

Go...Go...Go...stimulate our economy!

In the last year and a half, I've stimulated the economy to the point that I think it needed to smoke a cigarette and take a nap for a while.
 
Yes..interest is no fun, per much experience on my part. However, my current purchase was due to "peer pressure" buying rather than buying based on sheer paranoia. Well, perhaps a bit of paranoia was involved. Either way, had I been TRULY overcome with paranoia, I would have walked out with an assault rifle!
 
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I pay off my credit as quickly as possible. Any accumulated interest goes widely unnoticed.
 
I think:

1. All this gun buying *may be* the only thing that has (so far) prevented this mild recession from slipping into a severe recession. With gasoline at $1.77 a gallon here, and nat. gas prices tanking too, I'm not so sure that you Houston guys are insulated either....

2. Gun people are either fairly well off, or they're "digging deep" to buy: liquidating other assets, extra jobs, borrowing from friends/relatives, using credit, etc. - engaging in "non-normal" financial activities - to finance the purchases.
 
Come up here to Northern Indiana the RV Capital of the world and see what the economy is like. Workers laid off, some plants working 1/2 days a week, lots of plants sitting idle, construction tanked, retail tanked. Its not good folks and they just said on tonights local news it's gona get worse. Be prepared I'd rather have a full belly than a M16. I'd also wather be out of dept than putting more guns or ammo on my cretit card.
 
I haven't yet been too affected by the economy. However, I'm preparing for the worst while hoping for the best.

I haven't bought any new guns or ammo. I'm stocked up well enough for my purposes. Also, I've basically stopped shooting. I've been doing more dry fire drills for free. I need my extra money to sure up my investments and rainy day money. Yes, firearms can be viewed as investments, but they're not all that liquid.

All gun enthusiasts I know were already stocked up well. So, I don't understand the extra purchasing from gun enthusiasts. However, I can understand new (or casual) gun owners going crazy with the purchasing.
 
I usually don't TOUCH my credit card, and the current bill is under $100. I know that IF some legislation is set to go into effect TOMORROW, I'll use it, but the maximum spending limit isn't even enough for me to buy all of the things I'd want.

Consequently, I'm having a hard time deciding when would be a valid time to use it.

I'm going to err on the side of "in case of an emergency" and call the current situation "inadequate". :)
 
As long as people around the world continue to purchase slot car tires from me, I can afford to keep buying guns and ammunition. The slot car hobby supports my gun hobby (okay, and my slot car hobby also).
I do tend to shoot a lot of .22LR these days though. Ten times the number of rounds for the same cash outlay as centerfire. It's inexpensive fun and practice. The paper targets don't care what size the bullet hole is.
I do confess that I bought an AK-clone last week. I bought it because I've always wanted one, it was on #1 my list of guns to buy in 2009, it was on sale for a good price last week, the prices on them just keep rising, my wife told me to get it as her Christmas gift to me, and I made enough in slot car tire sales last week to pay cash for it. However, the purchase had nothing to do with anyone's perceived pending AWB.
 
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