Trade value
- Thread starter BigShep85
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Deaf Smith
Member
Well those who buy and trade guns have to keep them in inventory and hope to find someone to buy them later.
So they have trade and sell price. They prefer cash cause you can spend the money now, and not hope later to get the money selling the gun.
Deaf
So they have trade and sell price. They prefer cash cause you can spend the money now, and not hope later to get the money selling the gun.
Deaf
ColtPythonElite
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I see those terms used in the local gun traders and don't really get them either.
rcmodel
Member in memoriam
Same reason I can't go to a car dealer and buy a $40,000 truck with my $30,000 Retail trade-in and only pay $10,000 difference.
Dealer says new truck, is $40,000 minus a $6,000' incentive' from the manufacture.
So the new truck is now $34,000!
So I think, WOW, my $30,000 truck trade-in, minus the $6,000 incentive, I can get a new truck for only $4,000.
But it don't work that way folks.
My new truck is gonna cost me $15,000 + trad-in, or more!
Dealers give you wholesale on your trade-in, and sell it for retail.
They have to in order to make a profit and stay in business.
Same with guns, and anything else you buy new and sell used!!!
rc
Dealer says new truck, is $40,000 minus a $6,000' incentive' from the manufacture.
So the new truck is now $34,000!
So I think, WOW, my $30,000 truck trade-in, minus the $6,000 incentive, I can get a new truck for only $4,000.
But it don't work that way folks.
My new truck is gonna cost me $15,000 + trad-in, or more!
Dealers give you wholesale on your trade-in, and sell it for retail.
They have to in order to make a profit and stay in business.
Same with guns, and anything else you buy new and sell used!!!
rc
Say I have a gun for sale for $500. That is the going rate for this gun used. The thing I want for this gun is $500 cash so I can buy exactly what I want. The only way I will "settle" for something else other than $500 cash (which is what I really want) is if it is worth more than $500.
RetiredUSNChief
Member
Because "value" is relative.
JeeperCreeper
Member
Cuz you don't make instant money off a trade... It's like an investment. Trades don't pay the bills, at least for vendors/dealers
Styx
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To me, I use the term"trade value" only when I'm trading a gun exclusively. I do that to give others an idea about what I'm willing to trade for. Also, if someone has a gun worth $200 and wants to trade it for mine that has my stated "trade value" of $500, they'll know that they owe me $300 cash.
I've seen other on ArmsList, using the same logic I wrote about above, say that their gun has a trade value of $600, but they'll take $550 in cash. That means they prefer cash and will take a lose, but if you want to trade a $300 gun, you'll owe them $300 on top of the trade. Basically, they're trading the gun at a higher price than they're willing to sell it outright in cash for.
I've seen other on ArmsList, using the same logic I wrote about above, say that their gun has a trade value of $600, but they'll take $550 in cash. That means they prefer cash and will take a lose, but if you want to trade a $300 gun, you'll owe them $300 on top of the trade. Basically, they're trading the gun at a higher price than they're willing to sell it outright in cash for.
huntsman
Member
Trade value is how bad I want something 
I know what I'm into my gun for and I know what I value the new gun at, so the question is how bad do I want new gun(that's what determines the cash outlay).
I know what I'm into my gun for and I know what I value the new gun at, so the question is how bad do I want new gun(that's what determines the cash outlay).
guyfromohio
Member
Instead of listing a trade value, I generally put that trades will be MSRP to MSRP. That gives a good indication of dollar differences independent of the great or terrible deal that either party got when they purchased it. I always have the option of declining. This only works for current production firearms though. Once production ceases, the game changes.
The gun shops that I visit here that take trades offer about 55%-60% of the going used price for a given gun if taken in on trade. It also has to be something that will sell as fast at their popular inventory. They are not interested in trading money with you for free. Can't blame them for having to make money.
The silliness comes in when individuals (not dealers) come at you with the same ploy. Guy wants $500 cash or $550 trade value. I also want $500 cash for $550 trade value for my gun. We're at am impasse. Only if he REALLY wants my gun will he trade, and vice versa. We can't BOTH claim the high ground.
Usually it doesn't mean anything. Just someone that knows he probably is not going to get his cash price. And, the "trade value" doesn't mean anything either.
In my experience it's all barter for trades. People sell guns for different reasons. My favorite is the guy who states, "Want to sell so I can buy another gun". About 75% of the time, he will trade with you.
In my experience it's all barter for trades. People sell guns for different reasons. My favorite is the guy who states, "Want to sell so I can buy another gun". About 75% of the time, he will trade with you.
mgmorden
Member
Yes but from the same perspective their $200 gun may have $275 "trade value" - so they only owe you $225.
Granted, when you're working with a dealer, its different. A dealer when taking in a gun one way or another can't give you market value - he has to sell it and make a profit. However, when its just two individuals, I see no point. If one individual claims a higher "trade value" the other can do the same thing and they cancel each other out.
Sav .250
Member
Trades are what you make out of them.
doeesnt it boil your noodle when someone has to insist on absurd cash values?
say they have a brand new just off the factory line sw model ten classic.
never used, just packed at the factory and sent out. its easy to figure out what its worth.
you say have a brand new unused rifle with the same msrp/street value,
and then they agree the guns are equal value but suddenly want you to pay out a few hundred in cash as well for your "even trade"
say they have a brand new just off the factory line sw model ten classic.
never used, just packed at the factory and sent out. its easy to figure out what its worth.
you say have a brand new unused rifle with the same msrp/street value,
and then they agree the guns are equal value but suddenly want you to pay out a few hundred in cash as well for your "even trade"
Shadow 7D
Member
Trade Value
depends WHERE/what
a trade between collectors, I've traded something that cost me more than the value of what I traded it for. I had little attachment to what I traded, and while it was more valuable money wise, what I traded it for is rather hard to find, rather esoteric gun wise, and not really valuable, as it just a 'crappy old gun' except to someone like me, who wants it as an example of how a certain type of action developed.
In a gunstore, they are exchanging inventory, so you get the bump in 'trade-in value'
because they are counting the gun wholesale against wholesale, money is being made, and since you getting a 'bump' which is really a discount in the retail price, the overall transaction is a net +, you get better than rock bottom wholesale on the gun you trade in, and he sells a gun at retail...
depends WHERE/what
a trade between collectors, I've traded something that cost me more than the value of what I traded it for. I had little attachment to what I traded, and while it was more valuable money wise, what I traded it for is rather hard to find, rather esoteric gun wise, and not really valuable, as it just a 'crappy old gun' except to someone like me, who wants it as an example of how a certain type of action developed.
In a gunstore, they are exchanging inventory, so you get the bump in 'trade-in value'
because they are counting the gun wholesale against wholesale, money is being made, and since you getting a 'bump' which is really a discount in the retail price, the overall transaction is a net +, you get better than rock bottom wholesale on the gun you trade in, and he sells a gun at retail...
mgkdrgn
Member
You are -selling- retail. The gun shop -buys- wholesale, -sells- retail. (that is how they pay the phone bill and keep the doors open) You're never going to make a deal.
Shadow 7D
Member
Had a gun I'd been looking for, a Rasheed, found one, had issues, guy just wouldn't deal
wouldn't deal
wouldn't deal
So... call him back about a week or so later, the Rasheed, missing the sight slider, issue with the bolt, bent oprod (still functioned but...)
He'd sold it, got less than 200 for it. Saw it later that week, at a dealer, talked to him bout it, explained what I knew about the rifle, and the owner laughed, first, doesn't matter that I knew his purchase price, he had it, if I wanted it, I'd pay his price, second, he laughed at the seller. He'd really wanted the money, talked about how people were interested.... the dealer explained how it works, he buys at wholesale price.... guy tried to dicker for a better price, dealer told him flat out, not from a gunstore.
I called the guy back, and laughed at him, said, that 350, 150 more than you got was a decent price for a rifle with lots of issues... he wanted to whine about how he'd been screwed. Told the guy too bad you didn't bother to call me back, and hung up. I was a bit pissed, no way was I going to pay over twice what I felt was an honest offer for a gun that had been gone over, at least internally, by bubba, and was missing parts.
ACP
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- 1,334
They give you more in a trade because anything you buy in the store has already been marked up, i.e. guaranteed profit for the dealer.
The cash price is always going to be lower because they have to mark that up before they put the gun in the case; more profit for the dealer.
It's called capitalism, the American way of life.
BTW, I usually get 60-65% of NIB for my "cash" deals (much less at Cabela's -- NEVER sell a firearm there if at all possible.)
If I put a clean gun in the box on consignment I try to get 75-80% NIB, since I have to give a potion of my sales price to the dealer.
The cash price is always going to be lower because they have to mark that up before they put the gun in the case; more profit for the dealer.
It's called capitalism, the American way of life.
BTW, I usually get 60-65% of NIB for my "cash" deals (much less at Cabela's -- NEVER sell a firearm there if at all possible.)
If I put a clean gun in the box on consignment I try to get 75-80% NIB, since I have to give a potion of my sales price to the dealer.
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