Buyers market..?

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So I was talking with the owner of the small shop where my Garand has been on consignment for rhe past 2 months. He was saying that if it wasn't for the gunsmith work and teaching CCW classes he'd probably have to close. He mentioned a supplier and a couple shops that had closed in the last 2 years due to low sales.
Is this the situation elsewhere or is it just a NE Kansas thing..?
 
One of my local shops (Washington State) told me there is presently a glut of used guns. That sort of applies to this topic.
 
There is already a whole big mess of communists anxious to be the next president. The media will be going nonstop about how wonderful they all are. Every one of them wants to ban guns as much as they can get away with. You can count on gun sales to pick up as election gets closer. I would guess that you will start to see shortages and high prices on anything gun related about half way through next year.
 
I heard the same thing from a local shop that orders too much high $ tactical plastic. I also don’t understand how they can’t get items cheaper than I can find them. They wanted $550 for a $350 Ruger precision.22lr.
 
The basic problem, I think, is that the gun market got used to a perpetual state of panic. (This was true at least for the Obama years.) Now, it can't seem to adjust to a return to the norm. This is made worse because the panics left an oversupply of product in their wake. People bought guns that normally wouldn't have, and now these same people want to unload them.

Be patient and the panics will return.
 
I heard the same thing from a local shop that orders too much high $ tactical plastic. I also don’t understand how they can’t get items cheaper than I can find them. They wanted $550 for a $350 Ruger precision.22lr.

I kinda feel this. It seems like every lgs around is either Black Rifle LLC or attached to a pawn shop run by the same guys who used to post Craigslist ads that ended 'No Lowballers; I Know what I Got.'

I feel bad doing it but more often than not if I need something I wind up at a big box store.
 
Small brick & mortar shops can't compete with online wholesalers like Bud's, AIM Surplus, etc. Transfer fees won't keep the doors open.

Plus, the average age of people who engage in shooting sports is increasing faster than the number of people joining the sport. As participants die off, they're not being replaced.
 
Being open only three days a week means he is closed over half the time. For me it would most likely be very hard for me to stop in. My Saturdays are filled up with outside honey does getting ready for Spring. Sunday’s hopefully will be filled with a trip to the range.

Later this summer when the temperatures hit 100 degrees I am staying indoors enjoying the A/C. And this winter when it is below freezing with a bitter north wind I am staying with indoors where it is warm.

The market is in slump after several years of gun and ammo food fest. But to be only open three days a week means he is not a serious business owner.

Joe whose recommendation for self-defense is to step outside and fire two shots in the air from a double barrel shotgun just threw his hat into the ring so I agree that the market will be picking up next year.
 
What the Left doesn't understand is if they really wanted to hurt gun companies and gun stores and see more go bankrupt, they'd just leave guns alone and never talk about them. Panic sells. Joe Sixpack wants what someone tells him he can't have.
 
Times are hard in gun retail without the World's Greatest Gun Salesman, Barrack Obama, in office. But, not to worry, his understudy, "Shotgun Joe" Biden has announced he 's joining the 19 other Communists running against the Orange Abomination. Combined with a strong economy and lower taxes, the market should pick up.
 
The market has changed in a way where some shops are going to be stagnant or in decline. One of the gun shops in my University town is staffed by old white guys who will preach about Trump and the NRA to anyone who listens. That's great if you're already a member of the choir, but if you're a new shooter or someone who is just there to shoot rather than join the hen party politicking it can get annoying. Multiple times I've hesitated to bring new shooters to their indoor range because I don't want someone who's on the fence to have their stereotypes about gun owners confirmed.

That same shop will sell you a Glock 19 for $590 plus tax. I ordered one last year for $430 after shipping and transfer to another FFL. I would happily pay a little more to support the right local shop, but a 40% hike is ludicrous IMO. Ammo prices are even worse.

Meanwhile, not far down the road is another shop. No indoor range, but they're clean and well-lit. They sell cans, modern sporting rifles, tools for building your own AR, and are staffed by younger people, most of whom aren't white, some of whom are veterans, and some of whom present as gay or lesbian. When you walk in the door, they're there to help, not to sell or to tell you what your politics should be. Prices are a little more reasonable too. Their typical customer is a lot younger, including many of the students and professors from the college in town.

If gun shops want to survive, there's a decreasing number of places where they can get by on high prices, Republican politics, and Fudd lore.

And yes, now is a good time as a buyer to be purchasing $350 AR builds and 9mm practice ammo for $.16/round. I anticipate it will change next year, and plan to add some AOBC (S&W) and RGR to my IRA accordingly.
 
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The market has changed in a way where some shops are going to be stagnant or in decline. One of the gun shops in my University town is staffed by old white guys who will preach about Trump and the NRA to anyone who listens. That's great if you're already a member of the choir, but if you're a new shooter or someone who is just there to shoot rather than join the hen party politicking it can get annoying. Multiple times I've hesitated to bring new shooters to their indoor range because I don't want someone whose on the fence to have their stereotypes about gun owners confirmed.

That same shop will sell you a Glock 19 for $590 plus tax. I ordered one last year for $430 after shipping and transfer to another FFL. I would happily pay a little more to support the right local shop, but a 40% hike is ludicrous IMO. Ammo prices are even worse.

Meanwhile, not far down the road is another shop. No indoor range, but they're clean and well-lit. They sell cans, modern sporting rifles, tools for building your own AR, and are staffed by younger people, most of whom aren't white, some of whom are veterans, and some of whom present as gay or lesbian. When you walk in the door, they're there to help, not to sell or to tell you what your politics should be. Prices are a little more reasonable too. Their typical customer is a lot younger, including many of the students and professors from the college in town.

If gun shops want to survive, there's a decreasing number of places where they can get by on high prices, Republican politics, and Fudd lore.

And yes, now is a good time as a buyer to be purchasing $350 AR builds and 9mm practice ammo for $.16/round. I anticipate it will change next year, and plan to add some AOBC (S&W) and RGR to my IRA accordingly.

Yep, the shop I used for transfers for the past 2-3 years recently went under. They were relatively nearby work and had one of the lowest transfer fees around, but they were NOT friendly except maybe one guy. Walk through the door and it's a simultaneous turn and glare. One guy always wearing BDU type of camo and a tac vest or plate carrier or something, and would always talk sh*t about whatever you're having transferred.

Despite their terrible attitude, I wanted to support them and buy a G19 from them a couple years ago. Well they had one for $599 that was scratched up enough it looked used. I went elsewhere. Can't say I'm surprised they're closed now.
 
There is a local shop here who does a huge amount of volume for in and outbound transfers. I heard that was their bread and butter.

They hardly ever have new guns in stock. They do some gunsmithing and Ceracote.

Some other gunshop bought them out. I heard they raised their incoming transfer fee from $20 to $35. Not sure it they will make it.
 
The biggest gun shop in the USA (their words not mine) is fairly local and does a spot on the local news occasionally. They have no range, no fancy lighting, no ice cream or fancy cotton candy machine etc. They say things have slowed since the huge increase during Obama but are ok. I was in Buds in sevierville a month ago. It was packed but I honestly didn't see anyone buying. Plenty using the range. Online sales and such have certainly cut in too. Prices are low too. I've bought two sig 320 cpo guns for 300 bucks. (I prefer Glock but they were cheap...) Stores aren't making much per unit. In the last year I've bought sig 22x series, HK USP, Glock and Beretta and the most I've paid is 450 bucks. 10 years ago I don't think I could have gotten any of them for 450.

I can't imagine how that market would be. I work in textiles manufacturing and see changes in the market/ slow downs/material preferences etc. But The gun market is a different beast. John moses browning died nearly 100 years ago. Most every gun sold today is still using his designs. Innovation means cutting off 1/2 inch of grip and calling it a glock 423.2c.x. mos.gen.... you get the point(or if your another company just copy a glock as close as possible without getting sued for it
...looking at you smith) or taking a hundred year old 264 or 223 bullet and changing the case and powder and convincing everyone it's now suddenly more relevant. Or coming back out with a new version of a weapon that failed 50 years ago. How many markets are dominated by 50-100 year old designs. Cassette tapes, VHS, 14 foot satellites, carbureted cars, all 25 years old/all ancient history. 1911, AR, hi-power, mauser action, 10-22, sig 22x, any revolver (except the rhino) even the Glock is pushing 50. I'm not complaining, I prefer most of the older guns. Just making a point
The guns themselves aren't even viewed as consumabes anymore. I'd bet 90% of privately owned guns never even wear out a magazine or recoil spring, much less the gun itself. Most are looked at and traded like baseball cards. Even here on a gun/ shooting forum many of us have old guns that are still like new. It's not a problem to find a 100 plus year old gun and still use it.
I say all that to get to the point of market saturation. If nothing new (especially new and innovative) is coming, and our old ones aren't shot enough to wear out, then the market can't stay "Obama era". That was a bunch of old guys panicking and driving a market. We spent a bunch, so companies reinvested and came out with new (not innovative but new-ish) guns. (Your welcome btw) How many of us bitched about 22 ammo and kept looking for it. I opened up a new case a couple weeks ago, the date on it was 2004.
 
Brick-and-mortar stores generally are challenged these days. That's even more true in rural locales. Gun stores have their own issues in light of the post-spike dynamic others have mentioned. All in all, it's a challenging environment. IMO, smart gun store owners have to figure out things to sell besides another commodity polymer pistol or entry-level AR or winchester white-box ammo. They can and should stock those things, but they have to figure out something else.
 
^^^
I think that is why he is glad to be providing gunsmithing services...
Funny, back in the late 60's there were guns for sale at Sears, Western Auto and other places. I guess they would be considered the "big box" stores of the day?
The local gunsmith had a few guns and gear but he was a Gunsmith not a salesman...but being an old friend of my Mom's, I bought my first two guns at his shop. :)
 
Shanghai, I'm in your geographic area (NE Kansas), and I agree with others that it is not a "buyer's market," it's a "seller's folly," created by sellers who won't drop prices down from the panic times. I'm willing to buy, but the prices are, as others have said, staying up like there are no guns available. My most frequent shopping place for used guns, a shop where the owner will order anything you want new at 10% over his distributor cost (and I often order new through him), is slow moving the used guns in my opinion because they're priced like there was nothing else to sell.

Just this week, I was looking seriously at two used rifles; a CZ 452 heavy barrel AE KZM, and a Marlin 25 and made two return trips to further examine time. The Marlin is a beat up piece, rusted in several spots with a hard-to-close-bolt and a magazine that is difficult to seat, but it's priced at $169, far more than I would pay for it. And the used CZ452, which is in good shape but is missing the thread cap, is priced at $450. As much as I'd like another 452, I won't pay $450 when a spanking new CZ455 trainer can be ordered from Bud's for $333 cash (the heavy barrel version, admittedly is $448), and the 455 is just as accurate. I offered to trade a barely used PX4 Storm 45 with one 9 round and two 10 round mags, original box and accouterments straight up for the CZ 452, and the best offer he would make is $350 for the PX4 in trade for the CZ. Note that the PX4 Storm at Buds, is listed at $562, which is about what I paid originally. I didn't take the deal, obviously.

Now be aware, I've never purchased from Bud's and, with the exception of Gunbroker and an occasional can't-get-it-anywhere else from CDNN, I usually buy locally somewhere. But I use Bud's obviously, as a marker of what I ought to get for selling my used guns and buying other used guns. They should be somewhat less than new price in either case but could be close depending on condition. I wouldn't have expected $562 in trade for the PX4, but I did expect that the $100 profit minimum he could make on the gun and extra magazines from a $450 trade and added to whatever he had already marked up the CZ over what he paid would make it a desirable and I thought fair deal for both of us.
 
It's certainly a buyer's market right now. I browse Armslist almost every evening, as a whole I'd say used gun prices have dropped 15% over the course of 2 years. And used prices are only following the suit of new gun prices dropping over the last 3 years.

Demand is low with a Republican in the Presidency and the Republicans still controlling the Senate.
 
There is already a whole big mess of communists anxious to be the next president. The media will be going nonstop about how wonderful they all are. Every one of them wants to ban guns as much as they can get away with. You can count on gun sales to pick up as election gets closer. I would guess that you will start to see shortages and high prices on anything gun related about half way through next year.
Calling the Democratic candidates communists is offensive.
 
People bought guns that normally wouldn't have, and now these same people want to unload them
This makes no sense to me. If they bought it "just in case", now that they have it why would they sell it and not be ready if "just in case" actually happens?

I understand "churn" among shooters and to a lessor extent collectors, but if someone paid top dollar to get one "before they are banned" why sell it now and possibly be in the same position after an election or two?

Calling the Democratic candidates communists is offensive
Truth hurts. Communists are Socialists until they get in power, then they morph into Communists.
 
Shanghai, I'm in your geographic area (NE Kansas), and I agree with others that it is not a "buyer's market," it's a "seller's folly," created by sellers who won't drop prices down from the panic times. ....

Serious case of that with the LGS here. CCI minimags were still $23/box of 100 last year, while Sportsmans Warehouse had the same brick for $9. Now market price is like $6 but I don't know the LGS's current price to compare. I did buy a revolver from them even though it was like $80 more than Sportsmans Warehouse. They told me that they'd totally support my purchase for life etc. and when I came back a few days later with a problem they just said to send it to S&W. Then they had a "big deal" AR special. If I understand right, they took a Ruger lower and built a budget rifle from parts and were selling it for five-hundred something -- what would be a little over $600 out the door. Sportsmans Warehouse is selling M&P 15 Sport II for $469.99. But the worst thing is when I went in there one time and was looking at a six or seven different long guns out on the floor, the guy behind the counter basically asked if I'm going to buy something. He had an attitude like he was bugged by me looking at too many things and not buying. They're not in decline as far as I know because buying gun stuff is a religious duty around here, but if it wasn't for the fervent enthusiasm for all things gun, I don't know how they could do well.
 
They're not in decline as far as I know because buying gun stuff is a religious duty around here, but if it wasn't for the fervent enthusiasm for all things gun, I don't know how they could do well.

I wonder if that's what's going on around here. I swear every gun guy around says something about guns being an 'investment' all the time.

Everytime I hear that a little steam whistle goes off in my brain.
 
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