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Old 08-02-2018, 12:08 PM
dogboy99 dogboy99 is offline
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Default Looking for opinion of value if sold.

Thinking of selling my SW MP15 sport first Gen. with the 5R, 1:8 melonite factory barrel with metal sights. I purchased this new & I am original owner. I have put through it about 400 rounds of 5:56 & it is in excellent condition. Add ons are:
Timney skeletonized 3 lb. trigger
Houge rubber grip
Extended charge handle
Full quad picatinny rail
Vortex strike fire II red/green dot scope
Flashlight with side mounted activation switch
3- 30 rnd. magpul mags
Soft case included.
Single sling

I have about $1,350 in it. What do you think it would be valued for a purchase at a gun show vs private sale?
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Old 08-02-2018, 12:34 PM
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Don't get mad, but around here you've got a $500-$550 rifle and a $100 -$150 red dot optic for a private sale. I doubt my LGS would buy it outright. AR prices around here have been steadily dropping of late . . .
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Old 08-02-2018, 12:51 PM
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Some of the pawn shops are starting to put up signs indicating they will not take AR15 platform rifles. They have them stacked up to the ceiling and can't ever sell one. Remember when the sign used to read they wouldn't take VCR's. Funny thing. I guess if you had a Colt SOCOM, they would take it, but a Smith. . .not likely.
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Old 08-02-2018, 12:54 PM
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Everybody getting new ones are going with the free floating system now too.
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Old 08-02-2018, 01:38 PM
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Not much due to current market. Keep it and enjoy shooting it until the market changes. I have several ARs tucked back in the safe I got for fees. Other than my AR10 and my Ruger piston AR the prices would be about the same. Not what you want to hear unfortunately.
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Old 08-02-2018, 01:46 PM
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Agree on what others have stated. You have a rifle that has hit rock bottom in value and even pawn shops aren’t taking them... you will need to stick it back and wait for the next Dem attack on our gun rights to break even...
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Old 08-02-2018, 02:12 PM
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When everyone thought Hitlary would become the President, they dumped an irrational volume of money in to AR's and AR lowers. Every manufacturer that could make them went in to overtime and built a zillion and everyone bought as many as they could justify. And this happened AFTER a spate of awful and high profile mass shootings where many clamored for more "gun control on evil assault rifles." All this means that the pool of AR's in the nation grew at a ridiculous rate.

The market is FLOODED in a way that we have never seen and the "value" and resale of used AR's is basically pathetic.

There has literally never been a worse time to attempt to sell a used AR if your goal is getting "top value."

In your situation, you have two choices I think: keep it or get used to the idea that you will get chump change compared to what you spent on it.
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Old 08-02-2018, 04:10 PM
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Gun markets in general are full of guns bought because of the political climate but AR types are by far the worst case of value lost. I would sit on it and enjoy it until the market rebounds which may be awhile.
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Old 08-02-2018, 06:09 PM
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To the OP.
I have that very same rifle. I was very surprised at it's accuracy when I got it. Much better then the ARs my shootings friends were getting.
About 1700 rounds of handloads and factory stuff so far, and not one moment of trouble with it. I'm glade I got the early model.
Mine's a keeper.
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Old 08-02-2018, 07:00 PM
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Thanks guys for the opinions. looks like I will be keeping it in light of such a crappy climate for supply/demand at this time. Yeah it is a great rifle & very accurate.
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Old 08-02-2018, 08:06 PM
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If you need some cash, take off the aftermarket mods and red dot and sell them separately. Put the rifle back to OEM condition. You’ll NEVER get their value back as a package but will do better selling separate.

You might be able to get $1000 (for it all) from a buyer who understood what they were buying.

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Old 08-03-2018, 08:59 AM
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Keep it, and enjoy it and don't regret it. I once sold a gun for much less than it's value and regret it to this day.
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Old 08-03-2018, 12:45 PM
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This is not directed toward you littleriver1. It's just a generic viewpoint using this statement:
Quote:
I once sold a gun for much less than it's value and regret it to this day.
I think we've all made this statement at one time or another. It's not completely accurate. What it probably should state is, "I once sold [something] for less than I might have sold it for to someone else."

Value is a fluid thing and changes depending on the people involved, their experience and the depth of their pocket. Value is determined by only two people; the guy with the stuff and the guy with the currency. Whenever something is sold, that's its value. It doesn't matter what some book or some friend said, if money and merchandise exchanged hands, that was the value of the thing at that moment.

I once sold a Marlin rifle for $600. According to the "Blue Book" it was worth $350 in 100% condition. Nothing is ever in 100% condition. According to what most will tell you, I sold it for more than it was worth. That obviously isn't true, because it was worth $600 to at least two of us. I didn't want to sell it, but getting that price allowed me to buy an AR for my father-in-law and seeing his grin was worth every penny.

I once sold a Browning BT-99 to a friend for $650. The "Blue Book" said it was worth $900. So what? He didn't have the full price and it was worth it to me to see him with a good shotgun.


Value is fluid. The worst thing you can do is to sell something and then after the sale go looking for similar transactions on the internet. If you're the buyer I promise you'll find lower prices and if you're the seller you'll find higher prices. So what? Be happy with the transaction or don't make it. You'll only find regret when looking behind.
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Old 08-03-2018, 12:56 PM
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Quote:
Originally Posted by dogboy99 View Post
I have about $1,350 in it. What do you think it would be valued for a purchase at a gun show vs private sale?
You've customized a $500 gun. You'd be lucky to get half your money back..

This is why I don't change any AR that I've had.
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Old 08-03-2018, 01:16 PM
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What timing...
Making my bi-monthly LGS/Pawn shop run.
Bought this Tuesday.
Bushmaster XM15E2 as new condition.
$425 drive out.
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Old 08-03-2018, 01:47 PM
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I sold one of my never shot Sport I with quad rails, V-Tack sling, and Bushnell red dot for $700 a few months back. Considering I paid $650 before tax and background check fees, I lost money on the deal. But, it was to a good friend of 30 years, and you can beat the 1:8, 5R.
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Old 08-03-2018, 10:39 PM
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If you want to customize any gun be aware that you are doing it for yourself. You can't ever get back the money you put in it. Same is true for a lot of things. However as someone suggested you might well sell the parts by themselves and make out OK. The gun itself is a keeper right now. You'd be giving it away considering the market. It's too good of a gun to give away. I thought the same thing about my SKS for years. Now the thin is worth 8X what I paid for it. Be patient. Guns are for shooting, not selling. There may come a time you can sell it for nearly what you paid but if that time comes I suggest you might need one yourself.
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Old 08-04-2018, 12:53 AM
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I may not know the answer to the OP's question, but reading everyone's response has got me thinking seriously about taking a good hard look at some of the AR's at my local pawn shop.

I've never really seriously considered owning one, largely because of the prices they were going for, but if the market is really at the bottom, now may be the time to buy
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Old 08-04-2018, 05:04 AM
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Quote:
Originally Posted by BC38 View Post
I may not know the answer to the OP's question, but reading everyone's response has got me thinking seriously about taking a good hard look at some of the AR's at my local pawn shop.

I've never really seriously considered owning one, largely because of the prices they were going for, but if the market is really at the bottom, now may be the time to buy
Buy name brands.

Geoff
Who owns a S&W and a PSA.
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Old 08-04-2018, 07:55 AM
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Bought a Gen 1, 1:9 twist barrel yesterday for $333.00 + tax from a pawn shop, in "As-New" condition. Has Magpul rear sight and magazine. It has probably twenty rounds fired, if that. Prices are dropping fast.
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Old 08-04-2018, 08:16 AM
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Quote:
Originally Posted by Rastoff View Post
This is not directed toward you littleriver1. It's just a generic viewpoint using this statement:I think we've all made this statement at one time or another. It's not completely accurate. What it probably should state is, "I once sold [something] for less than I might have sold it for to someone else."

Value is a fluid thing and changes depending on the people involved, their experience and the depth of their pocket. Value is determined by only two people; the guy with the stuff and the guy with the currency. Whenever something is sold, that's its value. It doesn't matter what some book or some friend said, if money and merchandise exchanged hands, that was the value of the thing at that moment.

I once sold a Marlin rifle for $600. According to the "Blue Book" it was worth $350 in 100% condition. Nothing is ever in 100% condition. According to what most will tell you, I sold it for more than it was worth. That obviously isn't true, because it was worth $600 to at least two of us. I didn't want to sell it, but getting that price allowed me to buy an AR for my father-in-law and seeing his grin was worth every penny.

I once sold a Browning BT-99 to a friend for $650. The "Blue Book" said it was worth $900. So what? He didn't have the full price and it was worth it to me to see him with a good shotgun.


Value is fluid. The worst thing you can do is to sell something and then after the sale go looking for similar transactions on the internet. If you're the buyer I promise you'll find lower prices and if you're the seller you'll find higher prices. So what? Be happy with the transaction or don't make it. You'll only find regret when looking behind.
Well said but knowing it doesn’t change anything. I still regret it plus a lot of other youthful indiscretions. A fact of life I learned young is that no one has a lot of regard for other peoples regrets.
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Old 08-04-2018, 12:22 PM
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Let me put it as you simply as I can, first of all I have put a lot more into my first Gen than you.

Second I see no reason for me to sell it since I like what I did to it and I am satisfied with it's performance and looks.

Thirdly I will never in my life time get what I put in to it, so basically what I am trying to say it will stay in my possession till they day I die.

If it was me I would hold on to it and enjoy, only you and you alone can make that choice. Good luck on your choice.
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Old 08-05-2018, 01:34 PM
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Quote:
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Let me put it as you simply as I can, first of all I have put a lot more into my first Gen than you.

Second I see no reason for me to sell it since I like what I did to it and I am satisfied with it's performance and looks.

Thirdly I will never in my life time get what I put in to it, so basically what I am trying to say it will stay in my possession till they day I die.

If it was me I would hold on to it and enjoy, only you and you alone can make that choice. Good luck on your choice.
Yup I decided to hold it. I still have all the original pieced, :trigger, hand stock, etc. so putting it back to stock is no big deal. It is set up way better than I ever imagined at this point & to sell at such a loss , well I couldn't sleep well on that, so its a keeper .
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Old 08-05-2018, 01:54 PM
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Don't get mad, but around here you've got a $500-$550 rifle
Wow...your local market is HIGH!
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Old 08-05-2018, 02:00 PM
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Wow...your local market is HIGH!
Well, the polymer framed home builds have flooded the market at $400, so steel fetches a little premium . . .
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Old 08-08-2018, 04:07 PM
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I have a S&W Sport II AR that I paid about $600 out the door when they first came out. I also added a Nikon 3x9x40 P223 scope. I know the market is down and I would lose money if I sold it. I'm not that excited about the 1/9 twist rate but at the range it shoots fine. I also have 2 PSA AR-15's with 1/7 twist stainless barrels that cost me about $100 less at the time of purchase.
I like all 3 of them and I don't plan on selling any. To me it doesn't matter what the market is when I buy a gun it's more that I want it and it will be in my collection of rifles.
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Old 08-08-2018, 05:35 PM
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Well, the polymer framed home builds have flooded the market at $400, so steel fetches a little premium . . .
I built a couple of those, back when generic m4geries were
over $1200.

Radical Arms is putting out stuff now, with the typical 1st-time-
buyer-mods, for around $475.

The market's doing what a market should, IMO.
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Old 08-08-2018, 08:55 PM
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I had an old I fired bushmaster m2.... wanted an m4 style instead. For $478, I bought all the parts to build a 2nd gun. Now I will have a 16” collapsible stock m2 shtf gun, and a scoped 20” target AR. Funny thing, last gun show, I could have bought a like new (could have passed for new) Anderson for $500. Saw another at $500, and another at $525....this was gun show prices. ( negotiable)

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Old 08-10-2018, 12:13 AM
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Quote:
Muss Muggins wrote:
Well, the polymer framed home builds have flooded the market at $400, so steel fetches a little premium . . .
Steel?

The upper and lower receivers of an AR are typically made from aluminum. I am not familiar with anyone making them from steel.
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Old 08-10-2018, 12:19 AM
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Quote:
dogboy99 wrote:
Thinking of selling my SW MP15 sport first Gen. with the 5R, 1:8 melonite ... barrel with metal sights. I purchased this new ... have put through it about 400 rounds of 5:56 & it is in excellent condition.
Well, considering you didn't customize it the way I would have wanted it customized, I consider all of that - apart from the Red Dot - to be worthless.

And it is used rifle. You say that it has about 400 rounds through it, but without a forensic inspection who can tell? You might have put 4,000 rounds through it for all anyone knows.

This is a bad time to be selling an AR. If you can, hang on to it and wait for values to recover.
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Old 08-10-2018, 12:23 AM
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Steel?

The upper and lower receivers of an AR are typically made from aluminum. I am not familiar with anyone making them from steel.
Excuse me. Metal . . .
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Old 08-10-2018, 03:12 PM
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Right now, a S&W AR-15 Sport II with dust cover, forward assist and MBUS is only $550 brand new. Yours is worth less than a new one.

The modifications and accessories add exactly NOTHING to value, but rather detract from value, other than the red/green dot sighting system.

IMHO, the whole setup is worth somewhere slightly under $500 - unless you have a rich friend who enjoys overpaying for used assets.

I am very sorry to deliver this bad news, but you already knew that from the other responses to your inquiry.
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Old 08-10-2018, 05:51 PM
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When you buy a gun brand new it will in most cases will be worth less than you paid for it. So my S&W Sport 2 is worth less than I paid for it but my scope and scope mounts are almost still worth what I paid for them. The scope and mounts are worth far more than other upgrades to the AR 15 upgrades out there.
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Old 08-10-2018, 08:32 PM
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You will never recoup the money you lay out on about 90-95% of guns you buy.

Right now you can forget it when it comes to ARs.

Now in few years when the Liberal/Democrat backlash is in full effect, it might be worth its weight in gold.
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Old 08-13-2018, 08:07 PM
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Well, considering you didn't customize it the way I would have wanted it customized, I consider all of that - apart from the Red Dot - to be worthless.

And it is used rifle. You say that it has about 400 rounds through it, but without a forensic inspection who can tell? You might have put 4,000 rounds through it for all anyone knows.

This is a bad time to be selling an AR. If you can, hang on to it and wait for values to recover.
Your arrogance is worthless to me
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Old 08-13-2018, 08:27 PM
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Your arrogance is worthless to me
Maybe, but like it or not, he’s got a point . . .
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Old 08-13-2018, 11:45 PM
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Wow...your local market is HIGH!
While he didn't make any of his statements very gently, the sentiments he expressed are exactly what anyone who wouldn't want the exact same mods you have made to the rifle, and what anyone who doesn't know you well enough to trust your word 100% would think in looking at the gun.

Not what you wanted to hear and not delivered in the most polite or considerate manner, but there is some truth to the perspective he expressed. The suggestion not to sell an AR in the current market (if you can afford to wait) is good advice.
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Old 10-16-2018, 12:26 PM
dogboy99 dogboy99 is offline
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Went to a local GS this Sunday & brought the rifle in for trade without flashlight or red dot. Best offer was $400. I am not selling that cheap. I tried to trade in for a G20 for carry in bear country, which I will be in for a few months, & dealers were selling those new for about $550 (don't want a used 10mm) on average. I guess I'll just buy the G20 for cash & store the rifle in the safe when away. Funny thing is they were selling MP 15 sport 2's asking from $500-650 new.
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Old 10-16-2018, 12:31 PM
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. . . Best offer was $400. . . Funny thing is they were selling MP 15 sport 2's asking from $500-650 new.
That's what the market bears nowadays, which this thread very thoroughly explained . . .
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Old 10-16-2018, 03:41 PM
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Be very interesting to know how many were sold the last few years including home and gun store built versions. Bet it would be a really large number. Probably be interesting to know the amount of ammo as well!
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Old 10-16-2018, 03:52 PM
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Dogboy,

You actually got a pretty good trade in value for the MP15. Most
LGS usually will give around 2/3 of what they can sell a used gun for. If you really want the G20, let them have it for 400, put a little more to it, and get something you really want.
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Old 10-16-2018, 10:26 PM
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Dogboy,

You actually got a pretty good trade in value for the MP15. Most
LGS usually will give around 2/3 of what they can sell a used gun for. If you really want the G20, let them have it for 400, put a little more to it, and get something you really want.

You could be right I'll wait until the next show on thanksgiving weekend & hit the place early on opening day.
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Old 10-17-2018, 08:38 AM
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dogboy.

Its all pretty relative. A brand new MP15 SportII is selling for around 550 stock with no accessories. As I said, most LGS will
figure their trade in price at about 2/3 of what they can sell a used gun for. The 400
is a good deal for you, since the're going to try to sell yours for close to what a brand new in the box rifle sells for. I really don't think the'll get the 600 some dollars the're planning on selling yours for. With prices at where they are today, you'd be hard pressed to get more for your rifle, since you took it back to stock. If you left the accessories on, they would probably give you the same and be glad to take it in. Most LGS place no value on user installed accessories (not factory) in that you customized it for yourself. The next buyer may not want them or go a different route. So, the options you installed are basically not valuable to a new buyer, but only to you.


As others have said, take your options off when trading it in and sell them separately to someone who wants them. Be prepared that you might not get what you paid for them since (once again) the're used

The used market and trade in market can be brutal. Its tough to acknowledge that we paid too much for firearms or accessories. Often we put way more into a firearm than it is economically worth it. Take the S&W SD9VE. A great gun at
275. Add a grip sleeve, new Apex internals to it, make it suit you, and find out you could have bought a S&W M&P 9mm 2.0
for everything you paid for the S&W SD. Is it a loss? NO! You
improved it for what you wanted it to do. Does it make financial sense? Not really. But how did you know down the road what would turn you on, or what you might pursue in the future.


If you really like the G20, and don't really care for the Sport2 anymore, just trade it in and get what you really want. I cant tell you how much money I lost trading stuff for stuff I really wanted at the time. Its all part of the hobby. You're not into firearms to make money right?
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Old 10-17-2018, 01:02 PM
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True words. Not looking to make $$ & I'm realistic about the values in todays climate. I'm okay with it up to a point. I think I'm just going to hang onto the Sport 1 as it is a great rifle. I just have no use for it except range & I haven't shot her in years, became a safe queen in a sense. The G 20 I will utilize in the outdoors as a back up to wildlife. Its small (relatively), easier to carry, & 15 rounds of 10mm should do the trick. Personal defense I have my G26 or S&W 638.
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Old 10-17-2018, 01:18 PM
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Afraid I have the same report. My most trusted LGS will not even make an offer on an AR for trade unless it is something really special, or a known customer. They've had some pretty angry responses, so just stopped making offers. They will put one on consignment, but the ones that are there over $500 have been there way too long.

Keep it for now. There will be another manufactured crisis, and a brief window to sell. Just keep your eyes and ears open, and act fast if you want it gone.
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Old 10-17-2018, 08:39 PM
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Dogboy,

You have to remember that LGS, pawn shops, gun show dealers
are all there to make money. They will do business in what makes sense to them. If the're not making money, then they won't be in business long. The used gun market can be very eye opening and brutal especially in how they figure their trade in prices against guns they have in stock.


Only you know your finances, and what you want to do going forward. If you're just absolutely sick of the Sport or really don't care about it in the future, trade it in. If you really like it, and can fund the G20 without it, then by all means keep it.


S&W makes a fine rifle, and makes a ton of them. The problem is that when you add accessories for your tastes, the accessories might not be what the next owner likes or wants. The only way to recoup value on your accessories is to sell them separately and outright to someone who really wants them.
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Old 10-17-2018, 09:15 PM
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I tell guys to keep their original parts when assessorizing their
new guns. Makes no difference if AR or a lever action. The best
way to sell most guns is in original form. The "custom" built stuff
is worse and always has been. A guy has a bolt action rifle made
up to his specs. Fancy stock, aftermarket trigger, premium
barrel, ect- ect. This doesn't include labor of Smith. You would be
lucky to recover cost of the barrel chambered and installed. If the
rifle is chambered for your pet wildcat it's worth even less. Now
with Guns made of plastics and stampings coming of assembly
lines like fish sticks, very few of them will be worth anything in
the future unless it is do to a political situation. There were a lot
of ARs bought for over $2K in last scare.
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Old 10-18-2018, 01:57 PM
dogboy99 dogboy99 is offline
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I tell guys to keep their original parts when assessorizing their
new guns. Makes no difference if AR or a lever action. The best
way to sell most guns is in original form. The "custom" built stuff
is worse and always has been. A guy has a bolt action rifle made
up to his specs. Fancy stock, aftermarket trigger, premium
barrel, ect- ect. This doesn't include labor of Smith. You would be
lucky to recover cost of the barrel chambered and installed. If the
rifle is chambered for your pet wildcat it's worth even less. Now
with Guns made of plastics and stampings coming of assembly
lines like fish sticks, very few of them will be worth anything in
the future unless it is do to a political situation. There were a lot
of ARs bought for over $2K in last scare.
I have all of the original parts so no problem bringing back to store bought condition. Its an oxymoron like modifying a corvette that brings great improvements & performance to the original platform but when you want to sell it no one wants a modified car, but they want a performance car at the same time.
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Old 10-18-2018, 07:10 PM
Ackley1952 Ackley1952 is offline
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Ak 47 sell for more . Sks almost as much . And mini 14's are 200 bucks higher. Supply and demand really works . It will be years before demand catches up and then only if the 240 manufacturers of lower receivers stop producing now !!!! Sorry guys but facts are facts .
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Old 10-18-2018, 09:30 PM
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Quote:
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...when you want to sell it no one wants a modified car, but they want a performance car at the same time.
The problem with modifications is a potential buyer doesn't know if they were done properly. With an AR, it's easy to tell if they were done right, if you know what to look for. If you're new to the AR, then you have no idea what's good or not.

This is why an unmodified gun generally brings more money. A potential buyer at least has some confidence it will work. Even more, if it does have a problem, they have a company to go to. If the gun has been modified, the owner is on their own to get it fixed if there's an issue.
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