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I thought it was just friendly capiltalism...

Discussion in 'General Gun Discussions' started by againstthagrane, Nov 15, 2008.

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  1. againstthagrane

    againstthagrane Member

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    but holy crap was i wrong!

    i called my (former, as of today) favorite gunshop to ask them how much the ps90s were going for and they told me they are selling a tri rail with a fake suppressor for $2800! i call today to speak to someone to get a better deal and guess what. it's now $3100! for a ps90 with a $150 FAKE suppressor! were talking a $1600 mark up! and $300 of it was in one day. needless to say i will not be purchasing ANYTHING from there ever again. it's a shame they have the most EBRs in the city, and with those prices they're likely to keep them all.
     
  2. Hoppy590

    Hoppy590 Member

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    sounds like you need to find a new shop.
     
  3. SaxonPig

    SaxonPig Member

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    Nobody ever said Capitalism was friendly.

    Supply and demand.

    If the Commies in Congress ban new guns then these were a good deal. If they confiscate them then it was wasted money. If no new laws are forthcoming then you should get a good deal on one eventually.

    If there was a gun I really wanted I wouldn't wait until after a known Communist and gun hater got elected (and we all knew it was coming for months).
     
  4. GTFord1

    GTFord1 Member

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    There are a ton of PS90s on Gunbroker a helluva lot cheaper than that.
     
  5. Rshooter

    Rshooter Member

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    DoubleStar lowers were going for $99.00 last week. $189.00 this week anywhere that has them. That's almost 100%.
     
  6. cassandrasdaddy

    cassandrasdaddy Member

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    100 % =markup is low in most industries what business is it that you gentlemen work in
     
  7. PTK

    PTK Member

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    I put together a SBR PS90 for less than that, along with 2k rounds of ammo, a spare barrel, and ten mags. :scrutiny:
     
  8. Bubba613

    Bubba613 member

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    Anyone of course is free not to buy at any price. I would bet the gun shop will have trouble replacing their inventory. So they need to get maximum value out of what they do have. For those who gotta have one, here is one available.

    People need to stop thinking of gun shops as non-profit enterprises. Of course I own one so am biased.
     
  9. Kenneth Lew

    Kenneth Lew Member

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    Most industries that I'm familiar with has a cost of goods sold at 70% of the retail price. I would like to know what industries you are familiar with have a > 100% markup. If a product has that much profitability, there will be a lot of competition to drive the price down.
     
  10. PTK

    PTK Member

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    Jewelry, watches, suits (not ones from overseas), etc. Mostly luxury items - which higher dollar firearms are.
     
  11. jrou111

    jrou111 Member

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    There's a new PS90 for sale here at a shop for $1299. :D
     
  12. PTK

    PTK Member

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    Honestly, if you want that, BUY IT. $1300 is a VERY good deal for a NIB PS90.
     
  13. jrou111

    jrou111 Member

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    But...I...don't....want...one.... :D
     
  14. againstthagrane

    againstthagrane Member

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    yes a 100% mark up over cost would be normal in SOME businesses. definitely not all.

    a 100% markup over RETAIL is flat out robbery
     
  15. Zundfolge

    Zundfolge Member

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    Not if people are willing to pay it.

    "The Market Value" of any given commodity is based not on what it cost to produce something, nor what it cost wholesale. The market value is based on what someone will pay.

    If nobody will pay the price, then the price comes down.
     
  16. cassandrasdaddy

    cassandrasdaddy Member

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    a 100% markup over RETAIL is flat out robbery

    really? what are the other costs involved? i know retail business where its 300 percent.
    since you referred to it as a markup over retail i'm gonna guess you aren't in business
     
  17. armoredman

    armoredman Member

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    When i worked medical supplies, a great deal was 100% over cost. When I worked at the gunshop, firearms were likely the only item they didn't price that way. The money in firearms retail isn't the guns, it's the accessories and peripherials.
     
  18. Dravur

    Dravur Member

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    hmmmmm,

    Just bought a lower at Jensen's this week. THey were sold out of almost everything, My lower was $104 after tax..,. Same price they had before the election.

    Not all businesses jack the prices way up. On a side note. THey are sold out of almost everything.
     
  19. Mahnmut

    Mahnmut Member

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    Saw one at a shop here in Missouri for 995....guy must just be trying to move it.
     
  20. harmonic

    harmonic member

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    Punctuation and composition is your friend.
     
  21. Omaha-BeenGlockin

    Omaha-BeenGlockin Member

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    Went into my local pawn shop--has mostly military based things---had his prices all jacked up----screwed with lay-a-way --was 25% down then 90 days---now wants half down and only 30 days.

    Since I'm a gun nut---I already have pretty much all I want.

    He might get those prices--but not from me----maybe I'll go back in --in about 6 months when things get reasonable again.
     
  22. againstthagrane

    againstthagrane Member

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    please enlighten me. what business marks up all of their products 3x?

    i didn't realize that in one day the business's costs went up so dramatically to induce a $1000 hike in one day and a $300 three days later.

    i referred to it as marked up above retail because that's what it is.

    i'm not in the gun biz so i don't know what cost is on guns. i'm going to guess that it's about 75 to 80% of msrp. so a ps90 that used to go for 1500 on nov 3rd probably cost the retailer somewhere between 1150 and 1350. that would be the COST. the RETAILer would then mark it up to the MSRP of around 1500-1600. so if the retailer would then mark it up another 100% we would be right around $3000-3200. that would mean that it's marked up 100% over RETAIL. :p

    Save me the "if you wanted it so bad you should have bought it before the election" garbage. i don't have an unlimited supply of expendable funds to spend on guns like some of you "told ya so" types seem to have. i mean it would be great if i won $30000 a month before the election so that i could get every bannable(sp.?) thing i could think of, but unfortunately that didn't happen. not only that, but i have other hobbies and things going on in my life that detract from the gun fund. gibsons, fenders and mesa boogies aren't cheap either. fortunately they're not likely to be banned anytime soon.
     
    Last edited: Nov 18, 2008
  23. cassandrasdaddy

    cassandrasdaddy Member

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    jewelry cabinetry heck persian rugs are marked up 4 figures

    give you a good example locally gun shop sells 6 maybe 7 guns a day he has insurance payroll advertising and 3500 a month rent. plus he likes to eat whats his markup gotta be to survive? whats he gotta take in every day?
     
  24. Bubba613

    Bubba613 member

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    Never run a retail business, I see.

    Let's start with: mark up is the percentage of gross profit on the retail price of the item. So an item that costs the retailer $75 and sells for $100 has a 25% mark up.
    So there is no "100% mark up" on any item, unless it was free. Many many businesses mark up "keystone", doubling their cost of the item. Some more than that, especially in women's clothing and gift items.
    Guns are typically marked up by 1.24, giving a 19% mark up. That isn't much. Actually it sucks. Ammo is probably the same on the typical 9mm/40/45 range stuff. All that competing with Wal Mart hurts, and you have to carry it.
    So that leaves accessories. Of course, if the item is expensive, people will just order it off the internet and then complain about how the local guy was trying to rip them off.
    Finally, what would you consider a "reasonable" mark up? And what's it to you, anyway? You want the gun, buy it. If you can find one cheaper somewhere else, buy it there. If you think they'll be cheaper/more available in 6 months time, wait. What earthly difference does the dealer's profit make?
     
  25. againstthagrane

    againstthagrane Member

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    ok this particular gun shop does NOT advertise.

    i would assume that persian rugs are marked up so high because they are from a country that we have an embargo against, not to mention shipping. have you ever tried to move an 8'x15" foot persian rug? they have to weigh at least 100lbs. shipping across the atlantic for 100lbs isn't cheap.

    i'm kind of confused by your syntax, do you mean 4 figures as in four digits or 400%?


    additionally if you were to believe what EVERY gun store i've ever been to claims, they don't ever make money on the actual gun and that is not a big source of their income. just ask any random store to give you deal on a pistol. " i could give you 2% off if you pay cash, i don't make anything off of guns as it is...yada yada yada". so why the sudden greed? it's not like they were making a ton of money on the actual guns in the first place right? it's cashing in on people's fears in a big way and it isn't right. you may think it's right, and that's your wrong opinion(just a joke ;)) and you have your right to have it :)
     
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