The difference is that unlike higher dollar firearms, it costs Hi Point next to nothing to build their guns because all of the materials used are extremely cheap.Ah, and how old was US Repeating Arms when it went down the tubes and Winchester was cast about? What about Marlin, Remington, or SA? Redfield? Kimber? Hopkins and Allen was one of the largest handgun manufacturers in the world at one time - died and was absorbed by Marlin almost a hundred years ago.
Pontiac has been around....eh never mind. Ditto for Mercury & Plymouth.
Lifetime warranties are so often worth the paper they are printed on. How's that Bryco warranty doing now? One lawsuit and Hi Point changes hands, washing itself of all previous liabilities, and poof, warranty is gone.
Couple that with a low price that is attractive to a very large group of people but still yields a nice profit and you've got a very profitable firearms company.
I seriously doubt that Hi Point is going anywhere any time soon. They are the only gun chambered in a respectable round that you can get for $150 brand new with a lifetime warranty that is actually capable of lasting over 1,000 rounds.