Perfect summer hideaway rebate

LGS reports that beginning July 1 there will be a $75 rebate on all M&P centerfire pistols except Bodyguard.

I don't think it's a cash rebate this time. I read it's spare mags, ammo and a Caldwell mag charger.

Rebate

That's interesting. Carl's M&P ad clearly says $75 rebate. Maybe it's a different deal in MA.

So a $75 rebate and the accessories

Well thanks for the tip as I was contemplating an M&P 9 5in bbl in FDE so I will look to see what happens on the 1st!
Karl

I doubt it will be BOTH... but if it IS then I'm getting some more shields

I need to pick up an M&P9C someday but only because I already have half a dozen mags. A free mag deal doesn't do me much good unless I buy two,......but then there are even more free mags.

I saw that Springfield Armory was extending their deal so maybe Smith and Wesson is too. That's good news because I wanted to pick up another Shield in 9mm and an M&P 2.0 9mm.

icemn said:

That's interesting. Carl's M&P ad clearly says $75 rebate. Maybe it's a different deal in MA.

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You are right. Looks like a different deal for Massachusetts and probably one or more other restricted moonbat states.

Just curious, and I'm not knocking anyone, but what's with people buying multiple Shields? I've heard of some who already have six or more Shields and is planning on buying more. Why so many duplicates? Is it so that one can have a self defense gun in each and every room so that one is always in reach?
Don't get me wrong, I own a 40 Shield and a 45 Shield PC, and I have thought about getting a 9mm Shield so that could have one in each caliber. It's that good of a gun.
But many of the people writing in have several Shields in the same caliber. Just wondering why. Surely it can't be for resale value. This sale on Shields has completely ruined the trade in or resale value of Shields for some time to come.
Granted, with the $75 rebate the Shield has to be one of the biggest bargains ever but how many 9mm Shields can you shoot at one time?
Maybe it's me that's funny, but after having one of each caliber, I would rather spend money on something new that I don't already have, even though the Shield is a great gun at a great price.
There are so many neat guns out there and only so much money. Why spend it all on only one? You know that one of these days S&W will come out with a new and improved Shield 2.0 that everyone will have to have.

rbuzz said:

Just curious, and I'm not knocking anyone, but what's with people buying multiple Shields? I've heard of some who already have six or more Shields and is planning on buying more. Why so many duplicates? Is it so that one can have a self defense gun in each and every room so that one is always in reach?
Don't get me wrong, I own a 40 Shield and a 45 Shield PC, and I have thought about getting a 9mm Shield so that could have one in each caliber. It's that good of a gun.
But many of the people writing in have several Shields in the same caliber. Just wondering why. Surely it can't be for resale value. This sale on Shields has completely ruined the trade in or resale value of Shields for some time to come.
Granted, with the $75 rebate the Shield has to be one of the biggest bargains ever but how many 9mm Shields can you shoot at one time?
Maybe it's me that's funny, but after having one of each caliber, I would rather spend money on something new that I don't already have, even though the Shield is a great gun at a great price.
There are so many neat guns out there and only so much money. Why spend it all on only one? You know that one of these days S&W will come out with a new and improved Shield 2.0 that everyone will have to have.

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Well said. There is an interesting dynamic or "buyer psychology" talking place here. I fell into it myself way back when Shields started going for $300 instead of $400. I had to have a second one... and I bought it with the excuse that it would be for the good wife.

Well, this whole $75 rebate thing has sparked those sorts of feelings again and this time my excuse was going to be that we needed "no thumb safety" Shields instead of the originals.

The good news is that I got a grip and realized what was happening here. I wasn't making smart investments. I was buying losers that I totally didn't need. I was buying cheap plastic guns that S&W makes for next to nothing and I was still going to be paying too much for them even with the rebates! What the heck was I thinking?

So I've completely changed gears. I'm getting rid of all my Shields including my Shield .45, which I overpaid for dearly just before the rebate was announced. Like any bad investment, I'm cutting my losses and talking my lumps.

I've learned my lesson the hard way. No more plastic for me.

Yes, there is a different rebate for restricted states. $75 check will be it's form.

It will be interesting to see if this renews interest in the M&P compact series over the shields.

If I like a particular gun and it has a real use in my everyday life, I buy three: one for the car; one for the house; and one for spare parts in an emergency. By having one for each purpose, I'll be familiar with the gun in a high stress situation and I'll have a backup ready to go. That's my thing. The Shields fill that need for me.
I also found that as far as "cheap plastic guns" go, Shields are a value choice considering the reduced cost as a result of the rebate. Compared to other well known, proven reliable cheap plastic guns, the Shields have an advantage in my opinion.
As for these kinds of purpose-driven, last resort value guns, I want them in the three popular calibers: 9, 40 & 45. I want ammo availability when the zombies come. That's my thing.
And, as far as cheap plastic guns vs metal boat anchor guns go, the whole world's military, law enforcement and security industries have chosen the cheap plastic over the heavy metal after well documented exhaustive testing so who am I to swim against the tide?
To each his own.

I just really enjoy shooting my 45 Shield. May be cheap plastic, but it's a fun little gun.
I've held off picking up a 9mm so far for basically two reasons, I don't own any other 9mm so it's another caliber of ammo to purchase, and comments by others that once they shot the 45, the 9 took a back seat.
But 9mm is probably about the most common centerfire caliber worldwide, so at $200 it is probably a no brainer to pickup. I could wait for the new rebate, but I already have a Caldwell loader and you can pick up extra mags for $20 each so it would make better sense for me to take the current $75.
I better hurry up and decide, or just wait and see if S&W offers up 2.0 Shield in 9.

I enjoy shooting 45 and 380, but 9mm ammo cost the half


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I knew a Guy that bought multiples of the same gun and stashed them in every room. They were all stored empty. He carried around the loaded magazine. Someone else could access the gun but he had the bullets. I thought that was a pretty good twist.

TTSH said:

Well said. There is an interesting dynamic or "buyer psychology" talking place here. I fell into it myself way back when Shields started going for $300 instead of $400. I had to have a second one... and I bought it with the excuse that it would be for the good wife.

Well, this whole $75 rebate thing has sparked those sorts of feelings again and this time my excuse was going to be that we needed "no thumb safety" Shields instead of the originals.

The good news is that I got a grip and realized what was happening here. I wasn't making smart investments. I was buying losers that I totally didn't need. I was buying cheap plastic guns that S&W makes for next to nothing and I was still going to be paying too much for them even with the rebates! What the heck was I thinking?

So I've completely changed gears. I'm getting rid of all my Shields including my Shield .45, which I overpaid for dearly just before the rebate was announced. Like any bad investment, I'm cutting my losses and talking my lumps.

I've learned my lesson the hard way. No more plastic for me.

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I understand what you're saying. For me anyway, I'm not even remotely considering getting rid of my Shields. Plastic or not, I still feel that it is a quality gun worth owning. I don't refer to them as cheap, as that infers a lower quality, but I like to call them an "inexpensive" firearm.
To me the Shield represents a quality firearm at an inexpensive price that makes an excellent CC firearm. While I strive to take the best care of all of my guns, if something were to happen to one of my Shields I wouldn't feel it as much as if something happened to one of my S&W 945s or one of my Kimbers.
By making the Shield using plastic (actually polymer), S&W managed to make a lightweight, inexpensive, but yet quality firearm that appeals to millions of gun owners. Whether we like it or not, plastic is used in just about everything these days, and it's not the cheap plastic that we grew up with. Today's plastics are durable and in some cases have certain qualities over even all metal guns, especially their lighter weight and lower cost.
I can't recall where, but I remember reading that it was estimated that it cost S&W less than $50 to produce one of the "plastic" handguns in the M&P line, so if that's true, then S&W still makes a pretty good profit even after the rebate. Even if some may consider even that price as overpaying, you still get a quality gun that does everything that you could want from it at a far lower price than most all metal guns. Undoubtedly the Shield and the entire M&P line offer a great value for the gun owner today, especially with the current rebate on the Shields.
I took advantage of the rebate on my 45 Shield PC and plastic or not, it's one of my favorite handguns. But I don't need 6 or 8 of them. I'd rather save my money for a gun that is something that I don't already own.
I do understand why someone would want to own more than one so that they could have a handgun that they are familiar with in different locations, but for me anyway, I would draw the line at maybe 3, max. But to each their own.
Like I said before, someday S&W is going to come out with a killer new Shield 2.0 that I will want to buy. But until that time I will make due with the two that I have.

rbuzz said:

....what's with people buying multiple Shields?

Why so many duplicates?

Is it so that one can have a self defense gun in each and every room so that one is always in reach?

Just wondering why.

Surely it can't be for resale value. This sale on Shields has completely ruined the trade in or resale value of Shields for some time to come.

Granted, with the $75 rebate the Shield has to be one of the biggest bargains ever

....but how many 9mm Shields can you shoot at one time?

Why spend it all on only one?

You know that one of these days S&W will come out with a new and improved Shield 2.0 that everyone will have to have.

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All good questions to be sure. Its a matter of philosophies and yours are a bit different from mine. Of course, EVERYONES here will be slightly different even though we are of a like mind by being here.

No insult taken and no insults given in my answers below. Perhaps you and others may see a difference in thought pattern. Not worse...not better....just different

....what's with people buying multiple Shields? Whats with people NOT taking advantage of an incredible OPPORTUNITY

Why so many duplicates? Why not? One breaks, house burns down, gifts for family, truck gun, deer stand gun.
My family makes survival decisions together and 9mm is our chosen caliber, etc. Tons of reasons

Is it so that one can have a self defense gun in each and every room so that one is always in reach? Maybe, Xmas, graduation, loved ones, wifey, etc

Just wondering why. Others will have a different perspective than you. The reasons "why" are infinitesimal.

Surely it can't be for resale value. This sale on Shields has completely ruined the trade in or resale value of Shields for some time to come. Course not. The LAST thing in my mind is getting rid of what I just aquired and couldnt care less what the resale would be.

Granted, with the $75 rebate the Shield has to be one of the biggest bargains ever Now, this was not a question but THIS IS THE KEY to your thinking and everyone else's. The opportunity presented by S&W by overproducing and instituting the rebate has given the market an unparalleled opportunity that Im not sure we will ever see again. Buying this style gun from this manufacturer at a 200 dollar price point...its UNHEARD OF. We are talking HiPoint pricing here....and I have a few HiPoints but I assure you Im buying S&W instead of Hipoint for these prices.

Think that through a second. You have 200 bucks. You gonna buy a a HiPoint or a S&W??? Hmmmmmm??? Crazy to even consider the question.

....but how many 9mm Shields can you shoot at one time?FOUR....Me, Mamma, and the 2 boys.
So 4 9mm's or 4 - 45's. I only have 2 of each. I realize now that I need 4 more so you'll have to excuse me for a moment while I log into Palmetto

Why spend it all on only one? I would not judge ones financial position but I would hope that NO ONE spent it "ALL" on one

You know that one of these days S&W will come out with a new and improved Shield 2.0 that everyone will have to have. I love my guns, shoot for fun, and buy to increase my inventory. No insult intended but I couldnt care less about Gen1 Gen2 etc.

rbuzz said:

I remember reading that it was estimated that it cost S&W less than $50 to produce one of the "plastic" handguns in the M&P line, so if that's true, then S&W still makes a pretty good profit even after the rebate.

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According to their financial releases, S&W had a gross margin of 42.9% in the last reporting quarter. Granted, that margin is the mix of all sales across all their businesses. Saying that, I wonder whether it actually costs less than $50 to produce their pistols. If they pay manufacturing workers $25 per hour (all-in), and if the materials cost absolutely zero, it would mean they'd have to produce the gun with less than two hours of labor. When talking about the "cost" of a gun, we should include their buying cost of packaging, magazines and other accessories, etc.

Anyway, we'll know the updated numbers when they release their full year results in a few hours. Those number should include one month of rebates and surely they will be asked to explain something about rebates hit to margins.

Stay tuned!

rbuzz said:

I understand what you're saying. For me anyway, I'm not even remotely considering getting rid of my Shields. Plastic or not, I still feel that it is a quality gun worth owning.

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No question that the Shields are decent plastic guns competitive with other similar plastic guns from other manufacturers. If you need a plastic gun in that size, a brand new Shield is a very good buy right now... and apparently will be for months to come. I happen to think that S&W was pushed into these crazy low prices by the Taurus PT111 Millennium G2 pistol... but as we all know, friends don't let friends buy a Taurus.

rbuzz said:

I took advantage of the rebate on my 45 Shield PC and plastic or not, it's one of my favorite handguns. But I don't need 6 or 8 of them. I'd rather save my money for a gun that is something that I don't already own.

I do understand why someone would want to own more than one so that they could have a handgun that they are familiar with in different locations, but for me anyway, I would draw the line at maybe 3, max. But to each their own.

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And that was the issue/question I was addressing in my post. Namely, how many Shields do you need or should you buy at these current and now extended depressed "bargain basement" prices? Is the price now low enough that they should be bought for investment purposes alone? Does anyone really believe that they will go up in value later? I don't... so in my world I don't need more of them, regardless of price, than my good wife and I can carry or shoot.

I will admit it: I don't like buying guns that tend to sink in value like the Titanic went down. It's not my thing. And the good wife and I already have enough guns that we don't actually need to buy another gun... today or ever. In truth, I almost feel like a fad buyer who got burned... and that's not the kind of person I am.

So why am I selling off my Shields as we speak? Mainly, because I want to turn my bad investments into a good one. There are guns out there right now that I want and but can't quite afford. If I take my lumps now on all my greatly depreciated and still dropping Shields, I may be able to buy one reasonably nice all-metal gun from my Want List. That is my goal.

It's interesting to hear everyone's thoughts and reasoning on this subject.
The only conclusion I can come to is that it's up to the individual to do what's right for them, whether they want only one Shield or a dozen.
There is no right answer, just as there is no wrong answer. It's up to the individual.