Ammo price gouging.....

Stu1205

Stu1205

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Three weeks ago in Florida, I saw Federal .223 going for
$400.00 for a bulk box of 1,000.

Today while setting up for a gun show in Memphis, I saw the
same selling for $800.00.

I am all for capitalism and free enterprise......
but this is pure price gouging.

I hope he goes home with his overpriced ammo,
but unfortunately someone will buy it. JMHO.

Stu
 
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Those prices are criminal. But it's because everyone is panicking and buying AR-15's. I got tired of playing that game, sold mine and bought a Rossi lever action chambered in .38/.357. Not much demand for these calibers.
 
Stu1205 said:
Three weeks ago in Florida, I saw Federal .223 going for
$400.00 for a bulk box of 1,000.

Today while setting up for a gun show in Memphis, I saw the
same selling for $800.00.

I am all for capitalism and free enterprise......
but this is pure price gouging.

I hope he goes home with his overpriced ammo,
but unfortunately someone will buy it. JMHO.

Stu
Click to expand...
Double you tee eff, (as the kids say these days), what "price gouging"? This isn't Cuba or the old USSR. If you don't like the price, don't buy it. The guy is free to charge what he thinks it is worth, and a buyer is free to buy it. Or not.

Would you sell your house for what you paid for it, or would you want what you think the current market value is?
 
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Warren Sear said:
Double you tee eff, (as the kids say these days), what "price gouging"? This isn't Cuba or the old USSR. If you don't like the price, don't buy it. The guy is free to charge what he thinks it is worth, and a buyer is free to buy it. Or not.

Would you sell your house for what you paid for it, or would you want what you think the current market value is?
Click to expand...

This is kind of what I have seen in Florida after the hurricanes.
People doubling and tripling the price of water,
batteries, and other needed items.

As I said in the OP, I am for capitalism and free enterprise,
but this is taking advantage of people fears and needs.
 
Last edited by a moderator:
If everyone would just relax....and quit panic buying. I don't blame the retailers for jacking up prices ( don't like it ) they are there to make money!!!

If you had a old car, lets say market value was $3,000.00, but you knew someone would pay $5,000.00, wouldn't you take the 5 grand? I would!

Best

Bob
 
if you go to gun broker and look at the auctions that started at a penny and are now up to $400 when 2 weeks ago it was selling for only $200, its not the sellers fault its the fault of the people going on a feeding frenzy, and you know what that leads to.. retailers now can see how much you are willing to pay...
 
My FFL is a friend and he will keep a lookout for what I want. He called me yesterday and said that he got some 9mm in but that it was overpriced. Told me to wait and he would call me when he gets some cheaper stuff. While I can usually get some stuff cheaper on line, I believe in keeping my FFL happy even if his price is higher than I can get it for on line.
 
Last edited by a moderator:
I certainly wouldn't pay $800 for a1k of .223 or $60 for a PMag. After Biden & crew get done next month, I may be wishing I did.
 
They have even run out of 22lr. That to me is a sign of bad times.
 
my home town gun store has a site on gun broker selling 7.62x39 ammo starting out at one cent and i know he sells them in store for $270 a 1000. so i would bid no more than $250 and kept getting out bid. the last time i looked all of the bids were over $350, so i made a run and picked up a case for $275 otd. and by the way the store normaly has 5-15 people in it at a time, today i almost didn't get in the parking lot and there must have been 40-50 people in the store. the cash registers had smoke comming out of them and the owner had a big grin on his face. i can't wait untill this "s**t" blows over..
 
Stu1205 said:
This is kind of what I have seen in Florida after the hurricanes.
People doubling and tripling the price of water,
batteries, and other needed items.

As I said in the OP, I am for capitalism and free enterprise,
but this is taking advantage of people fears and needs.
Click to expand...

If I lived in Florida I would be one of those selling water, batteries, and other needed items for double or triple what I gave for it. Now, if I saw someone who didn't have it through no fault of their own, I would probably give them some water and batteries. Anybody who lives in Florida and doesn't have a stock of those items at the beginning of hurricane season is an idiot.

There can be no such thing as price gouging in a free market economy. I have been stockpiling ammo and components for 20 years, seriously for ten years. I haven't had to take part in the panic, because I was prepared. Just because one isn't prepared doesn't mean someone else should do him a favor and sell his goods below market value.
 
Back around the year 2000 I used to think that Q3131 at $180 a case was pricey. Now I just think that those were the days.
 
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