Colt LE6920...wholesaler dealer cost

I am wondering if anyone has the dealer cost of a Colt LE6920 at one of the current firearm wholesalers. The reason I ask before anyone gets offended is that I am looking to purchase one and the first local dealer that I checked with gave me a price of $1,029 plus tax. I am just seeing if I need to check around with other dealers for a better price or to just go ahead and let him order it for me. In other words, if the wholesale cost is $1,000, I would have no chance for a better price, but if the wholesale cost is $900, I might need to check around. Thanks for any help in this matter.

 

Its your call, because its your money.

But, maybe another opinion......


There is a guy on the other end of the desk trying to make a living.

Price is obviously part of any transaction. But is it a gun shop you frequent?

Do they have good service?

I have seen some people spend hours at the LGS, asking the proprieter many questions on an interested gun, then ALWAYS buy on the net to save $15-$30.

It may not work for your local situation, but LGSs are good to support when possible

 

that is the EXACT price for that gun on budsgunshop.com which I usually find to have quite favorable prices. I wouldn't expect any dealer to offer one at much less than that price, and that is, actually the best price I remember ever seeing on them....

 

That's about right...only way to do better is to be LE/MIL.

 

When LE/MIL buys in quantity, the bid cost on the contract is under $700, fully equipped, milspec. That is directly from the manufacturer shipped to the receiving inspection point with all documentation. And, full auto when required.

We don't get that. Our rifle would be shipped to a distributors warehouse, palletized in the boxes. That pallet gets broken down and reshipped 10 or 20 rifles to a large vendors warehouse, to be further distributed to an actual retail seller. The gun gets marked up at at least twice to cover the intermediate and final shipping and handling. The retailer has his price point to cover his overhead and make a profit.

Makers markup + distributor's markup + retailer's markup = selling price. You may find some cheaper, or even discounted when the public isn't buying quickly. You may find that the contract bid price could even be as low as $450, but the makers get concerned when sales are slow, too. Overall, we could be buying Norinco's which sell in Canada for CN$550, which is close to US$400. But those aren't allowed here now by trade treaty.

Which leaves us with the 100% US made and sourced versions. And since we won't work for less than $10 an hour, we can't expect to get $400 US made rifles. More like $1000, which we only have ourselves to blame with the cost of living we insist on and the multiple steps in the distribution chain that are now institutionalized.

Or, buy a S&W for $650. Which brings up the point, how much of what we are getting is based on reputation rather than actual superiority in manufacture? Does a Colt shoot $400 more accurately, or a deer shot with one $400 more dead? No, that's all about the ammo, not the launching tube, and it is very arguable there is a significant difference. What difference does exist is largely the amount of testing done to ensure the parts meet specifications - and that documentation is never provided to civilian buyers. Only per government contract.

At best, we buy the seller and move on.

 

Considering that Walmart sells them for $1,097, how much cheaper than the price you were quoted do you think you're going to find it?

 

That is a good price. Buy it.

 

Another thing to keep in mind is that if you buy locally, there will be a sizeable tax tacked on. I recently bought an $1100 rifle from a local gun shop, and it was almost another $100 in taxes. If I got it online, I would have just paid shipping and a $10 transfer fee to an FFL.

 

Whenever you can beat Walmart's price, do it. Their retail price is often less than many others' wholesale price. At $1029 jump on it.

 

This is the reason that the states will eventually push to tax all Internet sales transactions.

Many states have laws that require you to claim these kinds of purchase and pay the appropriate sales taxes to the state. Compliance is likely extremely low when states fail to actively enforce them.

 

Your guy is under what I would quote you.......and isn't making squat on that gun based on the distributor pricing I am seeing.

 

I think that the quoted price is at or near the bottom.

 

I'd agree, that's a good price. A local FFL sells them at $1050 with some regularity. You could also try www.grabagun.com to not pay local sales tax. They typically ship to your local FFL in 3-4 days.

 

For the record, at today's exchange rate, $550 Canadian is about $502 US.

There are plenty of off brand copies which sell for much less. I agree with your notion of buying (Colt) the original makers product.

 

I bought mine for $995 from GT's in Austin. Best price I have seen lately.

 

BBush, that is really a good price. You are going to pay in that neighborhood. I wouldn't hold out to try to save $10-15.

 

thought about building your own? i have 6920 and 6720 uppers on LMT lowers with magpul furniture built each one for 1000 or less. and i had to buy bullet buttons $20 each to stay legal

 

Buy one at that price before your local supply runs out, you then have to wait and will pay more. Spending too much time trying to save 20 or 30 bucks is silly in today's consumer and political climate.

 

+1

I bought my 6920MP delivered, no shipping for 1035 back in OCT12, as I had an idea of the craze. Theyre worth it...

https://www.youtube.com/watch?v=ilDfAqDNUe4

 

OR they trade in their mini-14s and get them for less than $100, so Colt can call Ruger and say "na-na-na-boo-boo".

 

I think the dealer is giving you a good price and would buy it. Plus with the it being a local transaction, you can inspect it before paying for it.

 

Lot's of variations of the "6920" anymore. Here's one for $999.99

http://www.cdnnsports.com/firearms.html?brand=364

 

Our local Wal Mart has them on sale for $899.00, normally $1039.00

Far cry from them being listed for $3,000 on gunbroker 18 months ago

 

Look at it this way: Just before the last panic season, I found one for about $1250. As I was thinking about it, the Sandy Hook shootings occurred, the usual hacks dusted off their gun ban speeches - and all of a sudden they were going for $1750 IF you could find one. That's what I paid, and they became even scarcer and much more expensive for quite a while. Now that the price is right again - don't wait until the NEXT panic.