Guns lose value

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Yeahya

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I'm all for good deals! Although I actually love the fact that glock does not offer any crazy low deal to sell a new glock 19 for 350. This keeps the value of the gun on resale relatively high. S&W? 239 for a shield, really? I think that's about the price of a Keltec P11! Considering I paid a little over 400 for mine really tears me up. Not that it's a collector piece or anything but it really makes me think twice about buying another S&W! Just set a fair price and stick with it! Obviously over priced when I bought it. Just makes me feel a little sketchy on the price of all your guns. You just devalued your own product!
 
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S&W needs to sell guns today or perish.They will do whatever it takes to move product. They do not sell used guns,so they care very little about that market,just like most manufacturers. Supply and demand controls the used gun market prices. I pay attention but rarely see the justification in some of the incredible sale values on some guns.Same as cars and other commodities. It's a crazy world. Enjoy what you have and don't worry about what it's monetary market value may be. :)
 
In my observations, when the factory has offered rebates in the past (such as on J frames) the net purchase prices obviously go down, but it hasn't seemed to translate to consistently lower used gun prices on those models. Perhaps the rebate recipients haven't been motivated to flip their new guns quickly? In any case, it's nothing to worry about, just the way of the business world. Enjoy your Shield!
 
Yeahya said:
I'm all for good deals! Although I actually love the fact that Glock does not offer any crazy low deal to sell a new Glock 19 for 350. This keeps the value of the gun on resale relatively high. S&W? 239 for a shield, really? I think that's about the price of a Keltec P11! Considering I paid a little over 400 for mine really tears me up. Not that it's a collector piece or anything but it really makes me think twice about buying another S&W! Just set a fair price and stick with it! Obviously over priced when I bought it. Just makes me feel a little sketchy on the price of all your guns. You just devalued your own product!
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Believe me, I share your concern. As investment/collectible guns, 98% of plastic guns are the absolute pits. The "why" part is pretty simple: They can pump them out all day long for chump change while the market determines the selling price. There is no intrinsic value there. The value of plastic guns is based on real time market demand and usefulness only. It's why I've sworn off all plastic guns for other than immediate needs. In my case, that means cheap, lightweight "mouse guns" for pocket carry only. :o For everything else, from this point forward, it's all-metal guns only for me. :)
 
BAM-BAM said:
I imagine that all the manufacturers had prep'ed for a Hilary/Dem. win.... and a panic!

I hear gun sales are down......

Lots of stock to move....... and there's no TJ Max for guns!!

:D
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According to the background check numbers, gun sales aren't down nearly as much as the press would have you believe... but maybe it's a case where even a small change in demand hurts gun manufacturers a whole lot. Or to your point, maybe they were geared up for a different election result which would have exploded demand and that's the real issue. ;)
 
They offered a sale. So what. Glock doesn't.....ever. That's their thing and it's cool too but I've never bought a new Glock. I buy them used at a cost of about $300 +/- $50. To me neither is a collectable but that's not why I bought them.

I managed to stumble into the 642 sale a year ago or so. I bought one. I don't know what they cost before or what they cost now because I didn't buy it to compare prices

So you missed a sale. No big deal. We all do. Ammo sales, mag sales, gun sales, car sales....etc. Buy something today only to find out that next month they're having a sale

Sent from my XT1650 using Tapatalk
 
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lonestar57 said:
I remember folks paying out $600 to $700 when the Shield first hit the market because they had to be the first kid on the block to have one. Maybe that'll make you feel a little better.
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Way back when, I thought I got a super-bargain at $400.00 for my first Shield! :) Then we got my good wife's Shield for $300.00. :eek: Now, I'm seeing $219.00 after rebate! :eek: :eek: :eek:

Next year, I'm expecting 2/$99.00 out the door. :D
 
I was talking to the FFL I deal with, who happens to own a gun store. All of the manufacturers are hurting, thus those that sell them are hurting. That just leads to rebates or/and cheaper prices. They are like the rest of us, whatever it takes to make a living. If you are worried about S&W's as an investment, keep hanging around, and read everything you can about what you are thinking of buying. And, use the search engine, also ASK questions.
 
A few months ago I bought an ANIB 642 for $299.00. Which was a good deal made possible because the same LGS was selling brand new 642s for $349.00. Last week the same shop had another 642, also at $299.00. So, the lower price on the new guns pretty clearly has been reflected in the price of used guns of the same model.

One other thing that I have noticed, although I can't draw a direct correlation, is that suddenly some 3rd Gen semi autos have shown up on the market. That could be due to owners giving them due to age (of the owner), but it could also be people trading up for new (not necessarily better) guns.

New gun sales are down, so some manufacturers are offering repeats and other incentives to increase sales. At least S&W is, and if it works, expect others to follow.

murphydog said:
In my observations, when the factory has offered rebates in the past (such as on J frames) the net purchase prices obviously go down, but it hasn't seemed to translate to consistently lower used gun prices on those models. Perhaps the rebate recipients haven't been motivated to flip their new guns quickly? In any case, it's nothing to worry about, just the way of the business world. Enjoy your Shield!
Click to expand...
 
Every time I take my wife to the outlet mall, I look for the "S&W Factory Outlet" store to no avail. I'd even go into a Glock outlet store just to walk around. Alas, there is no such thing.

I'm still waiting for "Guns R Us" to open.

BAM-BAM said:
I imagine that all the manufacturers had prep'ed for a Hilary/Dem. win.... and a panic!


I hear gun sales are down......

Lots of stock to move....... and there's no TJ Max for guns!!

:D
Click to expand...
 
In a bubble pack at your local Costco!
These bargain basement prices on Shields have tempted me. But then I just go down to the gun safe and caress my no rail 3953TSW and the moment passes. :D

TTSH said:
Way back when, I thought I got a super-bargain at $400.00 for my first Shield! :) Then we got my good wife's Shield for $300.00. :eek: Now, I'm seeing $219.00 after rebate! :eek: :eek: :eek:

Next year, I'm expecting 2/$99.00 out the door. :D
Click to expand...
 
"I look for the "S&W Factory Outlet" store to no avail."

Ah..times have changed. There use to be a S&W factory outlet in Kittery Maine and one in Springfield,Ma..right at the "factory". Imagine that! Now..you have to buy through a distributor/gun store or on the used market. Welcome to 2017...
 
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Breakaway500 said:
"I look for the "S&W Factory Outlet" store to no avail."

Ah..times have changed. There use to be a S&W factory outlet in Kittery Maine and one in Springfield,Ma..right at the "factory". Imagine that! Now..you have to buy through a distributor/gun store or on the used market. Welcome to 2017...
Click to expand...

I forgot about the store. I was there a few times, although never bought a gun. The prices were okay, but they didn't undercut the retail channel either. It's a shame that they closed that and the range to the public.

K Frame Keith said:
Haven't lost any money on my pre-lock Smith revolvers.
Click to expand...

:D Neither have I. I've sold two this year within a day or so of listing them. One I made a substantial profit on and the speed at which the buyer snapped it up made me wonder if I hadn't under priced it a bit low.
 
Breakaway500 said:
"I look for the "S&W Factory Outlet" store to no avail."

Ah..times have changed. There use to be a S&W factory outlet in Kittery Maine and one in Springfield,Ma..right at the "factory". Imagine that! Now..you have to buy through a distributor/gun store or on the used market. Welcome to 2017...
Click to expand...

There was a S&W store in Myrtle Beach in 2001, don't know when it closed.
 
While I agree somewhat with O P on set fair price. Also let the
Other side get back in power you will. See value come back up.Rember the shortages of .380 rounds and firearms 2008?
 
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