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Gun Trade Ins

Discussion in 'General Gun Discussions' started by KGod, May 16, 2007.

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  1. KGod

    KGod Member

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    Whats do gun shops normally give on firearms in excellent condition. 50%?

    Im trying to trade in a ruger p89 and a Hi Point 9mm for a walther p22

    any idea what i could get out of them, both guns are flawless.
     
  2. realmswalker

    realmswalker Member

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    where do you live and how much for the p89?
     
  3. cousinelmer1

    cousinelmer1 Member

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    prices on trade in

    as little as possible, your location could have some impact.
     
  4. kingpin008

    kingpin008 Member

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    Considering they retail for less than $200 new, I can virtually guarantee you won't get jack for the Hi-Point, no matter where you are or what condition it's in.

    As for the rest, the other commenters had it right. The profit margin for firearms is pretty slim, and the money they'd make off of the sale of your used guns are generally not worth their time.
     
  5. KGod

    KGod Member

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    I am in columbus ohio. Ive had a couple good offers on my pistols
     
  6. KGod

    KGod Member

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    also what do you think a nice private sale price would be

    Hi point c-9

    Ruger p89 1 ten rd clip and 1 15rd clip

    both are in perfect shape
     
  7. kingpin008

    kingpin008 Member

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    Dude - The Hi-Point is not going to net you much of anything. They can be had super cheap brand new, and aren't exactly high quality to begin with.

    The Ruger, I don't know. But unless you live in a state where face-to-face sales are allowed, you're going to have to go through a dealer either way.

    Also, not to be a jerk or anything, but in this instance they're not "clips", they're "magazines. Some guns take clips, but neither of yours do. Some folk will really get on you for that kind of thing, and when attempting to sell guns it helps to be as knowledgeable as possible when talking to possible buyers.
     
  8. john1911

    john1911 Member

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    100% P89 has a Blue Book value of $380.00 (stainless $425.00). Hi-Point C-9 $110.00 for 100%. Prices fall as condition falls. It's been my experience that most shops will offer 50%-75% depending on how fast they think the item will move. Private sell should net you 80%-90% Of BB (depending on your area). Depending on your dealer, it would be possible to trade both for a P22.
     
  9. 230RN
    • Contributing Member

    230RN Marines raising the left-leaning Pisa tower.

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    A word: With one exception, I have never sold, traded, or given away a gun I did not regret disposing of.

    The exception was an H&R 949 nine-shot revolver. It could not hit a barn from the inside. Setting off firecrackers was a better way to make noise.

    Most regretted:

    Colt Airweight Commander in .38 Super.

    Colt M1917 .45 ACP revolver.
     
  10. Ala Dan

    Ala Dan Member in memoriam

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    Sorry Sir, and not meaning to hurt your feeling's; but MOST firearms dealers
    (including myself) don't want any Hi-Points on their inventory. As too your
    Ruger, it just depends on condition~? ;)
     
  11. evan price

    evan price Member

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    Kgod: I am in Columbus and have a P22. If interested in trading for both, PM me.
     
  12. hotpig

    hotpig Member

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    The blue book is a rough guide. A new P-89 costs a dealer much less than the book shows.
     
  13. ProficientRifleman

    ProficientRifleman Member

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    what to expect...

    Just have it in mind that your dealer is going to offer you 50-60 percent of what you paid at retail for your gun.

    He isn't trying to insult you.

    He needs to buy your gun at a level where he can sell it as a used gun and still turn a profit on it.

    If you are not willing to trade, just buy your new one and enjoy both.
     
  14. TexasP226

    TexasP226 Member

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    I see a lot of Hi-Points 'round these parts in shops.

    I was also offered $450 for a NIB unfired FN Five-SeveN that cost me nearly $900. The dealer had a NIB on the shelf already for around $950. I wanted $700 for it, and I could probably get that selling to an individual (the gun is no longer for sale BTW). You'll never get near what you could from an individual as you will a shop.
     
  15. MrDig

    MrDig Member

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    The gun shop I trust the most regarding trade ins said this, "we need to make money and can't if we give you an honest retail price for your firearm." they also said "take the fair retail price of the firearm and divide by half, thats about what we will give you."

    So for example I have a shotgun that retails for $150.00 used (Common price for most mossberg 500s) If I sell it to the gun shop I would get $75.00 at best.
    The point to this is forget about what you paid NIB for a firearm. Most of the time the minute you are OTD with a firearm its value drops in half. One round or a 1000 through it you won't get half of what you paid for it. Just for having the pleasure of taking it out the door. I realize that this is not always the case and if you are fairly familiar with the store owner you may make some deals happen. But those kind of relationships take years and some hard earned cash to build for the most part.
     
  16. Rumble

    Rumble Member

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    Some of it may depend on what they know will move, too. I just traded in a used Beretta 90-two (.40 cal, nice gun, but the caliber wasn't for me) toward a used Glock 30. They offered me $375 for the Beretta--this may sound bad, but I bought it used myself for $450. So I took a loss, but it wasn't too painful.

    However, they seem to sell a lot of Berettas, so maybe the owner decided he could move the 90-two without too much hassle.
     
  17. FortyCalGlock

    FortyCalGlock Member

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    In the future...

    If you buy a more desireable firearm, you will get a better resale.

    If you buy a more desirable vehicle, you will get a better resale.

    If you buy a more desirable_______, you will get a better resale.

    My .02
     
  18. akodo

    akodo Member

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    thing is, I hear people talk about a gun 'in perfect condition'

    well, those people seem to want 'factory new in box' prices, or almost that amount, which to me, I'll just buy a brand new gun for a tiny bit more.

    Second part is, it's pretty rare that these 'perfect condition' guns are 'perfect'

    Now, they may be perfectly fine, in good working order, etc, but can you really tell me exactly what the difference between perfect, excellent, fine, very good, etc, is and why you catagorize your gun as you do? is there absolutely not one tiny little ding anywhere? one spot where you didn't get all the gunpowder cleaned out absolutely perfectly?

    Remember, a gun that is 100% original, 100% functional, 99%finish is still graded 'Excellent' using the NRA scale, not 'perfect' The only type of guns I would consider calling perfect would be new in box never fired guns.




    Now, this all isn't to say there is no use selling used guns. Used guns are great especially for hard to find guns where one cannot go out and buy a new in box equivalent.

    But normally, people who are buying used are looking for a deal. This means either you sell to the actual buyer at 75-90% of what a new one would cost, or you sell to a dealer for 50% of what a new one would cost, then when a guy shopping for that specific model comes in, the dealer can sell either one of his own brand new guns, or resell your older used gun.


    Here is my recommendation. Keep the Ruger P89, sell the hi-point in your local newspaper or something, or sell it to a buddy who is interested in guns but doesn't have one yet, for $80.

    then save money and buy the walther p22
     
  19. spartan55

    spartan55 Member

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    locally here

    At most big business gun dealers here, I get offered 70% of 70%:barf:

    If you have a choice find a small, local privatly owned dealer, who only stays in business by treating customers right, and getting that repeat business.
     
  20. Zen21Tao

    Zen21Tao Member

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    It also depend greatly on whether or not you are using them as a trade on another gun.

    For example, I have a friend that had a CZ 97 priced on consignment at $595. He saw a used Kahr he wanted for $499. The owner told us that he paid $450 for the Kahr so he couldn't go down any on price. Here is the deal my friend and the store owner reached.

    The store owner went down to $455 for him and he used the CZ he had on consignment as a straight up trade for the Kahr. The consignment terms were that the gun store would get 15% of the price he sold the CZ at. Since it was at $595 that would have been around $90 leaving my friend about $505 if it sold. The Kahr after tax and NIC call came out to around $485.

    This worked out great for both sides. My friend got his Kahr for close to what he would have made if his CZ sold while the gunstore owner made $20 on this sale and can pocket a $110 profit on the CZ when it sales.

    Other than trading your gun towards something else, there are three ways you can sell your guns. (1) To the gunstore itself (2) On consignment in a gunstore or (3) advertised yourself over the internet or some other medium. I have found that with the internet you don't get as much as on consignment because their is much more competition (availability of same gun) out there and buyers online are usually more gun knowledgeable. While you can make more on consignment you still have to pay for the shelf space you use. One of these two options would probably be you best bet.
     
  21. KGod

    KGod Member

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    Thanks for the info guys, im selling the hi point for 100, and keeping the ruger, i want to keep at least one 9mm for ccw.

    Thanks!
     
  22. Essex County

    Essex County Member

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    My local shops give about 2/3 of what you paid. I did the same when I was a stocking dealer............Essex
     
  23. K5mitch

    K5mitch Member

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    The only trade with a gun shop I have ever done was my Taurus .357 tracker. I had fired well over 1300 rounds through the revolver and was meticulous with my maintenance. I would say the gun was at/above 90% condition cosmetically. I found a SA Mil-Spec that was listed as "used" for $475. The 1911 appeared to be at 97-99% while I was handling it. With trading the Taurus, I only paid $225 for my 1911. Enough margin for the shop to make some money off the Taurus, and I got a good deal on a 1911.

    Turns out the 1911 had maybe a few rounds fired through it, if any. No wear marks on the barrel, hammer, or safety. It didn't even look like it had been field stripped (no marks at all on the slide release).

    Used firearms is a lot like used cars. You get more from a private sale than a dealer trade-in. But having dealer rapport can be beneficial to both parties.
     
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