insanity at local gun shop!

Status
Not open for further replies.
And before I forget: "High capacity" is a liberal term meant to instill fear in the unwashed masses so lets try to get away from sounding like liberals. Most all ar type rifles come with a "standard capacity" magazine in the 30 rd variety.

Like most other firearm related stuff, I'm a stickler on using proper terminology.... :)
 
Don't forget the good people at Brownell's.

Who are out of stock!

Woman goes to the butcher and asks how much his roast beef is. "$5 a pound," he says.

The woman says, "But the butcher down the street only charges $4 a pound."

The butcher asks, "Then why not buy it from him?"

She replies, "Because he's out."

"I see," said the butcher. "Well, when I'm out, I only charge $3 a pound."
 
LGS which is also a pawn shop is selling .223 for $1 per round. The owner laughs/brags about how much he sells. He also only keeps one AK and a few ARs on the shelf at any given time to keep the panic going. Prices are OK on non AWB guns, but you still need to know what you're looking for or you'll get ripped off. Walmart is completely out of everything.

But the silver lining is that I have spread my wings a bit and tracked down two much smaller mom and pop styled gun/hunt/outdoors places that are truly friendly and charge reasonable prices.

Had we not hit this panic, I'd probably still be in the dark regarding the smaller shops. so some good has come from all of it perhaps.
 
We have many gunshops where I live. My lgs sells at normal prices. The biggest gun shop we have (whose name I will not mention) sells at whatever the market will bear. Needless to say they have forever lost my business and the business of many of my friends.
 
The reputable shops have kept their prices the same. The only thing they've done is limit how much you can buy at one time. For example, 2 box limit for each caliber, only 2 mags per transaction, etc. I'd rather deal with that than these other guys gouging. One store is selling Glock mags for 50 bucks each. I went down the road and picked up two at $34 each instead.

To each his own on "market value". I know I'm watching who gouges and will be shopping elsewhere when things get better.
 
We have one local shop that had AR's advertised for a Saturday sale for $799 on Thursday then when Saturday arrived he changed them to $1799. His store your choice to buy or not but if I had went after one for $799 and he told me sorry they are now $1799 it would be the last time I was in his store. I will still purchase from him as he did not do this to me. But it will be less and only what is a good price where before I considered him a GOUGER I would have paid a little more just to get it. Another local shop still sells his AR's for the before price as he gets them in, I believe I will purchase a little more there. (He had 8# Varget Saturday for $149)
:)
 
From just a couple of the pawn shop/gun stores I have looked into they are selling used guns (all) above new prices and new at astronomical prices. Got kicked out when the sales person said isn't that a deal $469 on a used Walther P-22 my reply, I could purchase that same model brand new for about $370 + tax just down the road didn't sit well. I guess I should have just stopped at that and not commented on the rest of their stock but the only thing even close to actual market price was a Mosin Nagant for $150
 
You want insanity from a local gun shop ? how about 6500 for a 223 scar, 3100 for a sig556 scm.Didnt dare look at the IMI Galil in 308 :what:
 
JohnKSA
Are they actually SELLING those mags for $120, or are they ASKING $120 for them?

As a seller, I can ask for the moon for something all day long, whether I get my price is something different.

IF they are selling and getting that amount, then they have their product priced right for the market in that area. If not,the they will need to reevaluate their price
 
"Quote:
Originally Posted by PoPo22
I constantly hear BS justifications from dealers....
Yet some, perhaps even most, of the justifications have merit.

David E,
Does that mean every shop is looking out for the customer? Of course not, but if a store has $40 on a Pmag or $12.99 for a 20 rd box of .223, it doesn't mean they've jacked up all the prices.

The store I referenced is long out of PMags, as they can't find any to replace their stock. They are one of the few places to have 9mm in stock but they are still selling it at their pre-panic prices.

They found some 5.56 (as opposed to .223) coming in from Israel and bought it up. Their price was $11.99 per box because they were able to send a truck to the dock to pick it up. It seems some people think that unless they sell it for the pre-panic $8.99 price, they are gouging. "

David E,
I agree if someone has to pay extra for an item that they are entitled to make the margin of profit they normally would, that's not an issue. If they are actually caring for their customers they can make less and take care of their customers, that is laudable.

If on the other hand they triple or quadruple their profit margin to take advantage of the "panic", I will no longer support that vendor, like everything else it is a choice made from principles. If they can survive in the "long haul" without my business then more power to them, but they will lose "this" steady customer for the rest of my life and I'll wish on them what they deserve, in my opinion. People justify these type practices by saying "that's just smart capitalism", they can sell it for whatever profit they want, but not to me.

This is exactly why this country is in the state its in now (in my opinion), no moral compass, no principles, just politicians babbling empty words and promises. If one wishes to believe this way then so be it, we each have a choice and draw our line in the sand according to what we believe. Good Luck.
 
Our cost on everything hasn't changed at the gun shop I work at so we price everything exactly the same as we did prior to the madness. We have trouble keeping stuff stocked but our policy is that we don't price gouge.

We get a lot of customers wanting to put guns on consignment and asking ridiculous prices, we simply tell them to sell their guns somewhere else and try to sell them if they aren't willing to ask a reasonable price.

I also do all the online Gunbroker listings for our shop and we have a bunch of black rifles on auction right now and when I list them I start the auction at the MSRP and let the people bid up as much as they are willing to pay.
 
Are they actually SELLING those mags for $120, or are they ASKING $120 for them?
I strongly suspect that they are actually moving mags off the shelves at that price. Panics make that kind of thing possible.
 
I didn't say they were gouging.

I didn't make any commentary at all, in fact. I was merely responding to the thread title and providing a local example of insanity at a LGS.

Regardless of whether it's panicked people buying mags for 4-5x what they're actually worth because they haven't planned ahead and/or don't know of other sources, or whether it's a local gun store price-gouging, or whether it's alien mind control, it's still insanity.
 
Maybe, but they are buying them for exactly what they are worth at that moment in that location, and if they are willingly paying the asking price, then that is not insanity.....at least to them.
 
So, they are selling items at market price right now? What's wrong with that? They should sell them below market value so someone can come and buy them cheap and then resell them for a profit?

And when he does that, and he either can't get more inventory, or the wholesale cost has risen so he can't buy new inventory, then what? He then goes out of business.
You can't try to side with the "free market" argument as a way to tell people that they are wrong for boycotting a store for selling items at current "market value". Those people choosing to boycott are in fact exercising their power within that free market to boycott that store. That store is free to gouge (or sell at market value...however you wanna see it), but the consumer is also perfectly free to not shop there as well as do their best to convince others to do the same.
 
Maybe, but they are buying them for exactly what they are worth at that moment in that location, and if they are willingly paying the asking price, then that is not insanity.....at least to them.
First of all, I haven't said, nor do I believe that the gun shop is doing anything illegal. The magazines belong to them and they can price them any way they want.

I think that you believe I am saying that the gun store is doing something criminal and that's causing you to defend their actions when no defense is really necessary.

With that out of the way:

1. Willing compliance with a demand is not evidence that the demand is reasonable or "sane". A person can comply willingly with an insane request or demand for a number of reasons.

Let's look at just one possible reason by examining the definition of the word "panic".

Panic: Sudden uncontrollable fear or anxiety, often causing wildly unthinking behavior.

"Wildly unthinking behavior" is quite an apt description of "insanity".

2. The idea that "sanity" can be defined, one person at a time based on what the person in question feels is sane or insane (as you imply when you say "at least not to them"), is, to say the least, problematic. If the standard of sanity for a person is how that person feels about his own actions at the time in question, then no one is ever insane and no one ever does anything insane.

3. The idea that the mags are worth exactly what they're marked because panicked people are willing to pay the price is not really consistent with reality. During this same timeframe, I found one online retailer selling the identical item (which was in stock--at least for awhile) for $25 + shipping, and there were (and still are) several other local gun stores (within 10 minutes drive) selling the same items for less than half of the marked price at the particular local gun store in question. The people are paying $120 aren't paying that price because the mags are worth exactly what they're marked but because the people are panicked, because they don't know where else to get them and because they think if they don't get them instantly they might not ever have the chance again. None of those things makes the mags worth $120, it just means that the people buying them are not acting rationally, or do not have sufficient information to make a rational decision. In other words, insanity.
 
Last edited:
Some hoarders who are manipulating market prices will be able to sell their goods at inflated prices before they run out of idiot buyers and some will not.
 
LGS which is also a pawn shop..... keeps one AK and a few ARs on the shelf at any given time to keep the panic going.

You think he's got a few cases of ARs in the back and trickles them out to "keep the panic going?"

But the silver lining is that I have spread my wings a bit and tracked down two much smaller mom and pop styled gun/hunt/outdoors places that are truly friendly and charge reasonable prices.

Unfortunately, these shops will be the hardest hit because they won't be able to restock anytime soon.
 
just plain stupid....

the AWB will (most likely) be up for votes in March. It won't even make it thru the Senate but if .... it will fail with near certainty in the House.

Once the AWB is defeated an AR ban is pretty much off the table for the near future. Maybe they bring it up for votes again in 2yrs or so... maybe they won't.

That being said: once it's clear that AR's won't be banned on a federal level within any short/mid-term time-frame... prices will collapse.

That guy who bought 4 x SIG M400s for $1,000/each will at some point have to sell them because he needs to pay rent/fuel and whatnot. So there will be quite a few AR's being on the market. New production will stay high and with no ban in near future they won't sell that quick...

My year-end bonus will be paid out in March and I'm planning on getting a nice AR in April ... if prices are still very high - I just wait a few more months :evil:

p.s. that guy who is selling .223 for $1/rd will also no longer see his business when ammo suppliers have caught up with production. Especially as a "ammo ban" is even less likely than a AR ban
 
Status
Not open for further replies.
Back
Top