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Price for a Taurus millennium 40

Discussion in 'Handguns: Autoloaders' started by gunlaw, Oct 17, 2020.

  1. gunlaw

    gunlaw Member

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    I have a friend who wants to sell a Taurus millennium 40. He says is like new in the box. Not sure what to offer. Can’t find any comparable for sale right now. What would be a fair offer. Sorry no pics.
     
  2. Meeks36

    Meeks36 Member

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    250-400. Depends on where you are located. Have seen them going for $250 in GA used.
     
  3. gunlaw

    gunlaw Member

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    I was thinking $250.
     
  4. CapnMac

    CapnMac Member

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    Depends.
    Is there any 40sw available in your area right now? Then Go low.
    A dream gun you always wanted? Offer more.
    Without photos, actual condition, etc., then $250-275 seems fair.
     
  5. gunlaw

    gunlaw Member

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    I like the 40 cartridge and I think the pandemic has put a little squeeze on my friends finances. I have plenty of 40 ammo.
     
  6. glove

    glove Member

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    I sold one about 6 months ago, So a good sale range would be between $200 - $300. Also there is a recall on that pistol.
     
  7. gunlaw

    gunlaw Member

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    What is the recall?
     
  8. Trunk Monkey

    Trunk Monkey member

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    I think asking him for $300 to take it would be fair if he gives you some ammunition too.
     
  9. gunlaw

    gunlaw Member

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    If he has ammo I agree. I already have quite a bit of 40 but more ammo is always good.
     
  10. Trunk Monkey

    Trunk Monkey member

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    I think you may have misunderstood my post. I think he should give you 300 bucks to take the gun off his hands.
     
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  11. Buckeye63

    Buckeye63 Member

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    Taurus had a recall awhile back .. something about drop-bang ... they were/are ? Doing exchanges
     
  12. walnut1704

    walnut1704 Member

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    Google "Taurus Settlement". Technically it was not a recall.
     
  13. doctorj77

    doctorj77 Member

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    I paid $320 for a PT-145 Mil Pro some years back. When I called Taurus to get a dob...... I was a little suprised to hear my gun was identified in a series of pistols part of a class action lawsuit. Apparently someone dropped their Taurus and it went of. Don't recall if death or just injury occurred, but that sparked the beginning of a real ugly legal battle. Taurus did some testing and concluded that a large range of their guns made from 1997 - 2013, if dropped under the right conditions were susceptible to 'possibly' discharging. That covered the PT-111, 132, 138, 140, 145, 745, 609, 640, 24/7.......... spanned between Gen1-3. Might be a few more models in there. So they gave the customers a couple options.

    1. Owners could relinquish their firearm for a cash payment of $200.00 per pistol identified in the Class. They'd send in gun, get a check in return. Average wait time was 6-12mo. Which by mid 2018 they'd stopped doing this because they settled the lawsuit.

    2. Or Owners could select a 'Enhanced' Warranty where customer still sends in pistol, and Taurus attempts to repair it. But there was a catch, IF they cannot repair it (and most cases they couldn't), Taurus could not legally send the defective firearm back to the customer in such a state for liability reasons. So IF they could not fix it, they would supplement the owner with a replacement pistol not part of the recall. I heard some very rare cases where people got a PT-1911, which I think was a ooopsie, but 99% the time it was the PT-111 G2C 9mm.

    This really peaved owners who spend $450-550+ for their guns back in the day, only wait 1-3yrs and be told "sorry, but here as a consolation prize we can give you a less expensive gun but still shiny". ........... That kind of rocked the loyal Taurus fanfare and became a tough pill to swallow. Silently most owners proclaim they'd just hold onto their gun at that point, as it wasn't worth it. Some owners went into denial on what they're willing to accept for it and will still sell it for near retail.

    So to the OP's question, what's a fair price? Its only worth what someone is willing to pay for it. Think of it this way, many many guns in the past were not drop safe and they work just fine and nobody got hurt. But then the owners were never under the illusion they could drop the gun and not fear consequences. But for a gun that was intended/designed to be drop safe, and turned out possibly isn't, that presents a huge gamble of liability. And if someone were to get injured as result, well accepting the consequences could be part of the price tag. Does that mean these guns are unsafe? No not at all. There's just a uncalculated risk associated where under the right conditions something that shouldn't happen, could happen. That's all.

    Me personally, I wouldn't pay anything more than $200 for it. Because if it breaks, or has to be sent into the factory for unrelated issues, you will never get the pistol back. At best you'll get the replacement pistol, which to be honest I don't know what they're handing out these days, Spectrum maybe? I'd probably just take a pass on it at that point.
     
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  14. glove

    glove Member

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    See post #13 above or check out Taurus USA web site.
     
  15. gunlaw

    gunlaw Member

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    Thanks for the input. Very helpful.
     
  16. Sovblocgunfan

    Sovblocgunfan Member

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    I had a PT-145 that I liked, but sold because I was concerned I wouldn’t be able to move it later should the time come to sell it post-recall. I traded imto a PT-1911, so that was an okay deal for me.

    if your friend tried to move the pistol in a store they might offer $100 or so for it. Depending which “generation” it is i could imagine it being a $250 pistol here, but it’d have to be stone mint.
     
  17. Yo Mama

    Yo Mama Member

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    I had the same experience with a pt145 I've posted about it before. TAURUS is a garbage company with zero concerns given for the buyer.

    Op,there is a reason your buddy is getting rid if it, to get a better gun.
     
  18. If1HitU

    If1HitU Member

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    I'd say $250.00 to $300.00
     
  19. gunlaw

    gunlaw Member

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    The consensus seem to be $250. I’m ok with that because I think my friend needs the money and won’t accept a loan. Thanks for your help.
     
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