Are guns creeping up in price?

[lemaymiami]

Let's see... the dollar is going up in relation to "the Euro"? Almost anything would be going up against the Euro, given their current problems.... The only thing I look at is real puchasing power by my country's currency. Maybe I've just lived too long (and I was an Army brat living in Europe in the fifties as a child in Germany, France, and Holland).

What I'd like to see in whoever succeeds our current administration is a belief that it's worth restoring our currency.... That of course would be a hard road that most politicians will be glad to talk about - but acting, that's another matter entirely (no matter which side of the political spectrum they come from).

Our ability to produce quality firearms and a civilian market to sustain them is directly related to the health of our economy, period. That's why it's occasionally worth looking at critically.

Here endeth the sermon.

 

[Aragon]

The US dollar has been strengthening against pretty much every major whole currency. Right now it takes 1.09 dollars to buy a Euro. When I visited Europe in 2010 it was 1.39, in 2012 it was 1.31. The story is the same with the Pound, Yen, etc.

Companies that export goods are worried that the strong dollar will hurt their sales and make their products less competitive. On the other hand it is a great time to travel or purchase imported goods.

I haven't been paying that much attention about the trend over the last couple of months but guns are much cheaper now than when I bought my first gun back in 1991.

Here is the 5 year chart for the Dollar vs Euro:
http://www.xe.com/currencycharts/?from=USD&to=EUR&view=5Y

Thanks for the sanity check! Some are programmed to attack the $ without actually doing any research at all...

 

[Garrobo]

Wait till

about 6 months before the next presidential election.

 

[MagnumDweeb]

All depends who you deal with. Gunbroker is out of control on prices but some people are paying them. Retail stores are keeping their prices up because they can. Pawnshops are laughable but they'll either make money or go out of business.

A buddy of mine owns a pawnshop and has remarked that he gets mad that I buy guns from everyone but him and that I won't sell him my guns. I reminded him that he doesn't pay **** for used guns, and his prices are outrageous, and he wonders hwy he can't make rent on his space (I'm also his defense attorney on his commercial eviction that the other side has royally screwed the pooch on).

I stopped by his shop a couple of months ago with three ARs I had bought off a guy who needed to pay his mortgage. For three ARs, a mix of basic grade ARs bought in the last ten years, and nine mags, I paid only $1,000. The guy had gone to three gun stores and they only offered him $600. He needed cash so I gave him cash.

I didn't tell my friend what I paid for them and he offered me eight hundred bucks for all three. I laughed in his face and told him I'd hold onto them for the next run on guns. I sold three older ARs in the last run for over $2,400 with four mags each. I had paid a total of $1,100 over the years (some people wish their 401k was doing that well). He remembers when I was doing FFL transfers to other shops because of gunbroker and in one week I transferred five pistols. He bitched and moaned that I should be putting my pistols in his shop on consignment and I had to explain to him I made more money this way, and he got the transfer fee on my end so it wasn't like he was getting nothing, and if I couldn't do business with him, I'd do business elsewhere.

So sit back, wait for the next recession when gun prices drop through the floor, go to gun shows early in the morning and only buy from grey beards (too many young guys asking above NIB prices on used guns to sell without paper to people who want guns without a background check). 2008 and 2009 I was able to buy lots of used guns at ridiculously low prices..

 

[DHJenkins]

Not for me.

 

[Gun Master]

Anyone notice over the past 3-6 months that guns have been steadily climbing in price? It seems like all of the brands are doing these small increases that aren't in themselves that much, but if you look back 6 months to a year, most everything has gone up substantially.
One exception that come to mind is Colt. but other than that Rugar, Springfield, Sig, H&K even Glock, seem to have risen.
Obviously everything goes up, but for a while we were flat to down on guns, about a year ago, but now it seems like ammo is down and guns are up?

Most commodities are increasing in price, except gasoline.

 

[JSH1]

Let's see... the dollar is going up in relation to "the Euro"? Almost anything would be going up against the Euro, given their current problems.... The only thing I look at is real puchasing power by my country's currency. Maybe I've just lived too long (and I was an Army brat living in Europe in the fifties as a child in Germany, France, and Holland).....

You must have missed the following part about the pound, yen, etc. The US dollar has been strengthening against most world currencies: UK Pound, Euro, Japanese Yen, Australian Dollar, Canadian Dollar, Indian Rupee, Brazilian Real, Swedish Krona, Russian Ruble, Mexican Peso, Swiss Frank... Name a currency used by a developed or developing country and odds are the dollars is strengthening against it. Bottom line: the dollar is growing stronger not weaker.

Whether your income and purchasing power is keeping up with inflation in the USA is a very different topic.

 

[1911 guy]

Quote:
Whether your income and purchasing power is keeping up with inflation in the USA is a very different topic.

And that's the issue. Discussing the world market does nothing to address the issue of your local market. Also does nothing to address the issue of wages keeping up with inflation. And the list goes on.

So yes, guns are going up in price, depending on your purchasing power and location. Or not, depending on your purchasing power and location.

 

[JSH1]

Quote:
Whether your income and purchasing power is keeping up with inflation in the USA is a very different topic.

And that's the issue. Discussing the world market does nothing to address the issue of your local market. Also does nothing to address the issue of wages keeping up with inflation. And the list goes on.

So yes, guns are going up in price, depending on your purchasing power and location. Or not, depending on your purchasing power and location.

• The dollar is stronger not weaker
• Adjusted for inflation guns cost less than they have in the past
• US GDP is has been increasing in real dollars
• Median income peaked in 2000 and has been declining since

The last issue is why many people are having a hard time making ends meet. However, the answer to the OP's question is no, guns are not getting more expensive.