Ammo Price Gouging

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Went to try to buy .40S&W in Denver tonight. Of the three places I went, only one had any, but each box of 50 was $22 or more! :barf: I can get the exact same box in Colorado Springs for $12!!!:what::fire: This ammo shortage in some places is getting out of hand. I understand supply and demand (I am a business man myself), but almost 50% markup is gouging, I don't care how you try to justify it! :cuss: Anyone else have similar problems, agree?
 
That doesn't account for that much of a difference.
Are you sure the ammo you saw wasn't hollow points or something. I know I've been fooled byt the Winchester White Box hollow points before. I even got in an arguement at Wally World one night for being over charged for my ammo. (they had the JHP in the spot on the shelf for FMJ and neither I nor the cashier noticed the ammo type error. ( Well I didn't notice till I opened the box the next day).
 
Everything has been gouged for the past 6 months.

The biggest surprise to me, is that even with the economy the way it is, some people are still paying the gouge gun/ammo prices.

I'm just patiently waiting for it to all blow over.
 
i don't understand...is price gouging even possible in a free market?

price reflects demand. if the demand isn't there, the product won't sell. if you don't care to pay that price, you have the option of going elsewhere...or not buying, if you don't have the need
 
You're right, I guess it's an easier way of saying high prices. Price gouging occurs under certain circumstances, like a cornered market, but I don't think price gouging is the correct term to use in the current gun market.
 
Technically, it may not be gouging since it is not a basic necessity in a time of emergency or crisis, however, it is blatantly unfair to consumers at the least. The suppliers cost to procure ammo has not doubled in the past three months. Therefore, there is not a justification for the doubling in retail prices but for greed. Do not quote the "rights of the merchant to profit." While it is a valid and completely true point in free market economics, in recent years customer retention in value has been shown to make far more economic sense in the long term. If I am remembering my business texts correctly, the cost to generate a new customer versus retaining an existing one is three times greater. Therefore, companies should not take advantage of their customers for short term profit; those customers will go elsewhere.

Okay, I'll get off my soapbox now. :)
 
If you look at the prices of materials over the last few years I think for the most part the manufacturers have done a pretty good job of keeping prices down. The prices of Brass, Copper, Tin, etc.... have more than tripled in recent years.
 
If you don't like the prices, don't buy it. Look else where. You will always find one place higher in prices than in others. That is just the way it is.

Also do like I do, Reload.

But if you think the prices are high now, just wait, it is going to get worse.
 
A little info from Buds

My name is Marty, I work at Buds retail store. I checked on ammo prices to stock up and from our main ammo dist. 40 s&w was over $15.00 per box of 50(I think that was magtech). So I know everyone is mad about ammo prices (me included) but if anyone is gouging it isn't the dealers.So buy all the $12.00 stuff you can it won't be around long. I hope it comes back. We get blamed for gouging from time to time but then most of you realize that we don't.
 
Just stop buying and the price will go down. I dont care what your selling but if they can charge x amount for it and you pay, then its fine with me. Ya I dont like paying outrageous prices but I find alternatives. Reload, buy milsurp if you can find it (ive got about 400 round of 8mm from 1942, paid about $.10 a round VS a $1 a piece for new commercial loads).

And ya retail shops are paying more for there supply to so......
 
Try to come up with a logical definition of gouging.

Thank capitalism for allocating resources. Just think what would happen to supply if the seller did not raise prices as demand went up and supply either remained the same or lessened. Some one would go in and buy 10 boxes at $12 instead of 5 boxes at $24 ($120 for either purchase). That means that there would be less boxes for the remaining buyers.

Supply and demand
 
colorado - I agree that gouging is occuring. I've had to resort to buying online and have still found some good deals there.
 
It ain't gouging if you willingly pay the asking price...

You have to be forced to pay the price for it to be gouging. Therefore, unless it is something that you have to have to survive you cant really be price gouged on anything. One of the few items that comes to mind is gas, thats one they can screw you on, cause you aint getting by without it.
 
Economics 101.........

Ammunition, after all, is a commodity. When demand is high, and the supply chain doesn't have the required capacity to meet the demand, a situation of relative scarcity occurs, causing prices to rise.

This is true on two fronts at present; the cost of materials used for ammunition (call that Scarcity Issue I), and of course, the ammunition itself (Scarcity Issue II).

It ain't gouging, just good old fashioned capitalism.

isher
 
it is blatantly unfair to consumers at the least

then it is time for the opening of the Hissy fit!


Simply put... if you don't like the price... don't buy it. If someone does like the price.... they will buy it

Whew, that was a tough one. I almost had to get the Econ 101 book out to solve that mystery.
 
exactly. then the companys realized they were about to collapse the economy. All of a sudden, "oh, wait maybe we should lower the gas prices before america is crippled and we don't have our consumers anymore" and then all of a sudden, the price of a barrel of oil dropped and so did gas prices to a price that existed more than 5 years ago. Tell me suppliers aren't controlling the market AND supply to gouge the price
 
OH -- I see , it's not gouging. Sorta like when gasoline was over $4.00 a gal. two months ago ????

You have to be forced to pay the price for it to be gouging. Therefore, unless it is something that you have to have to survive you cant really be price gouged on anything. One of the few items that comes to mind is gas, thats one they can screw you on, cause you aint getting by without it.

I guess you didnt bother reading what other people had posted before getting emotionally upset and posting.
 
OH -- I see , it's not gouging. Sorta like when gasoline was over $4.00 a gal. two months ago ????

and yet you continued to pay it...or did you take some action to affect the price, like drive less, car pool or drive a more efficient vehicle. or maybe take a real leap and use public transit, bicycle or walk more
 
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