''You can tell they are overpriced by the flood of cheap imports and home grown companies hitting the market with their competitive products.
Oh wait, there arent any of those...''
There was. Some were poor quality and some were decent, but they ended up with the "saturday night special" label and were generaly put out of business.
Guns that are "too cheap" get purchased a lot by lower income areas. Lower income areas often have more violent crime for a given region. The result is a lot of the guns used in crimes in those areas (often stolen) end up being primarily guns only low income people would buy leading to the conclusion the cheap gun is the problem.
The restrictions of course don't work (and would restricting a constiutional right be acceptable if they did?), but that does not matter with antis' logic.
We have seen the same places now just using higher quality firearms in crimes in spite of the bans, but still the result remains the same when a firearm is priced low.
Low price firearms end up used in more crimes because they are purchased by more low income areas with high crime. So there is more of them to be stolen and misused in the places where the highest amount of theft and misuse happens. If however cheap firearms are not available, the people still purchase more expensive models that still end up used in crime.
In fact when the average criminal used a cheap .25 that jammed all the time the criminals were less dangerous. Now in places without cheap or poor quality firearms because they have been legislated from existence criminals are primarily armed with quality reliable firearms in more destructive calibers.
Many "junk guns" were of poor quality, but a savy consumer could locate many that were reliable especialy with lower pressure cartridges or strong steel in important areas and they were perfectly safe.
Compare those "saturday night special" or "junk" guns with a polymer gun that melts at even lower temperatures, can withstand even less pressure, but have higher costs (and have better quality control). A Glock (a fine reliable design) cost little more than $100 to make some years ago. Some of the machinery is expensive and needs maintenance so that should be factored into raw material costs, but in general making something with plastic molds even with small metal parts is cheaper than making something of solid metal. The metal components of plastic guns are the primary cost in materials.
They could sell such a product well under the price tag of quality steel firearms, but instead they simply make more profit.
It is obvious why many companies were happy to move from quality metal or metal and wood firearms and develop quality polymer guns, or at least do so in addition to thier regular lineup.
A Smith & Wesson or Ruger revolver costs more to make than one of thier polymer semi auto lineups, but they can price them similar. Meaning they have far more profit potential on the polymer market.
If companies were to sell those firearms for just above cost however they would quickly be the "criminals' choice". Not really because more criminals were choosing them though. Simply because more lower income people would purchase them, the people most often victimized and stolen from. So the violent criminals would predominantly be using what they aquired from thier most common victims. Whatever the poorest segment of society is armed with is usualy what become the most common guns used by criminals.
Antis would point out that brand was used in the majority of crimes. People would bring lawsuits against them, and pressure legislators to ban "saturday night specials" and "junk" guns.
They would be targeted just for providing a low cost firearm just like the "ring of fire" gun companies were.
Various excuses, tests and other techniques would be used to add other logic behind such bans to make it sound acceptable and not discriminatory.
Just like the CA "approved list" tests. The whole purpose of the approved pistol list in CA is to artificialy keep firearms at least a certain minimum price. They outlaw cheap guns by banning the most cost effective materials for low pressure designs.
When companies deviate from that minimum price they can suffer additional wrath.
It really is no different than the origins of the "saturday night special" term. Which originaly refered to guns so cheap that even poor blacks could afford them. Hence the original source: "Niggertown Saturday Night". Most blacks at the time of that saying could only afford the cheapest of firearms because they were usualy the lowest income bracket.
Of course since most crime victims are in the lowest income areas the firearms that would end up stolen and then used in most violent crime would be those poor blacks' guns. So a term was coined for those "too cheap" firearms.
So the bottom line is if anyone forms a company to mass produce an ultra cheap firearm and sells it for just over cost, planning to make just adequate profit from sheer bulk sales
they will be targeted. They will be harassed by the ATF disproportionately. They will be harassed by lawsuits disproportionately. They will be hassled with more legislation targeting them or thier firearm models.
So it becomes a market few want to exclusively cater to.
It becomes the most infringed portion of the market.
As for imports?
Various pieces of legislation are specificly designed at limiting the flow of cheap imports. Sometimes importers find ways to work within those intended limitations and still import cheap firearms, but the intent of legislation is to stop it. Why do you think the point system exists for imported handguns?
One reason is to exclude cheap firearms.
Why do you think it gives fewer points for something in .380 or less? Because lesser calibers are easier to build cheap firearms for. Most cheap handguns in previous times used such calibers. Calibers that can reliably function in simple cheap blowback designs. They cannot simply say "no guns that are too affordable", so they figure out what the most affordable guns have in common and they restrict models with those features with things like less points on the point system.
(If a handgun does not have enough points it cannot be imported into the US.)
China was a source of cheap (decent quality) firearms. Thier imports were greatly restricted. From AK designs, to knockoffs of many proven reliable designs. Norinco produced lots of cheap guns sold in bulk.
Cheap guns are not welcome and reasons to restrict that import were found. All thier other cheap products are fine, but firearms? No, cheap firearms are not welcome.
Poison pet food, dangerous baby formula, toxic toys, none of it results in long term bans. Guns are different.
It goes on and on.
The import restrictions on various rifles is designed to limit the importation of cheap affordable and capable firearms. They are designed to ban cheap "assault weapon" imports even of firearms perfeclty legal in the US. They don't always succeed as companies create models with features that still meet the minimum import requirements just to export to the US, but the intent was to ban them.
That is why people have to buy nuetered designs and then add various numbers of American parts if they convert them
to stay 922(R) compliant. They cannot just be imported in a configuration that would be perfectly legal in the US because the import laws are designed to prohibit those type of weapons. Nor can accessories or changes that are perfectly legal just be done without buying several unnecessary "American" parts in addition just to have the right part count.
So you cannot just import crates of bulk AKs in standard configuration (and semi auto only.)
That limits many surplus rifles around the world from being cheaply imported to the US and sold cheap.
If you try to cater to the ultra affordable segment of the market and soley provide the cheapest firearm the market will buy many people will be unhappy with you and make things difficult for you.
Here is an excellent demonstration of what I am saying written in a very anti-gun manner:
http://www.pbs.org/wgbh/pages/frontline/shows/guns/ring/companies.html
An article discussing the growth of the "ring of fire" companies. It is written in the early 90's by left leaning PBS individuals and this was the anti mentality that motivated the steps that have essentialy destroyed that market since then.