Local Deal .38 Special 50cpr. Buy or hold ?

[Phillies]

I can get a local law enforcement "deal" for a 1,000 case of PMC 132 grain .38 special ammo for $500 OTD. 38 is the caliber I am lowest on but at current shooting paces I might have enough to last through one full Joe Biden term... but as a previous poster was just saying, 38 ammo now is impossible to find or if you do find it, it is almost a buck a round. Nobody can predict the future, but what do you think? Pass and hope prices come down when I eventually need some or but now at twice the pre covid rate ?

 

[Jeppo]

I believe I'd buy it. From what I'm seeing, it's worth much more than that.

Most ammo I'm seeing for sale is priced 3 to 4 times what I "was" paying before all this madness. By that metric, 50 cents is a bargain.

 

[weatherby]

You wait for the next bus....it may break down and never show up.

Sounds like you have a good supply so buy and sell half.
You'd be able to keep about half at pre covid price.

 

[Claymore33]

BUY it NOW

Even if prices from factory/retailer come down , there maybe a large tax put on handgun ammo that raises price even more.

 

[kbm6893]

.38 Special was cost effective to reload before COVID-19. Now the prices are even more out of control. $500 for 1000 rounds is a rip-off, but with today's prices it's not as bad a rip-off as other calibers. I'd hold my nose and buy it.

 

[Phillies]

You wait for the next bus....it may break down and never show up.

Sounds like you have a good supply so buy and sell half.
You'd be able to keep about half at pre covid price.

I never thought of that ! You guys sold me. I'll go buy it.

 

[glenwolde]

Well, I think I'd do my fellow shooters a solid and buy it and resell at cost limit 4.

 

[Bozz10mm]

Buy it. A bird in the hand...something something.

 

[Phillies]

Well, I think I'd do my fellow shooters a solid and buy it and resell at cost limit 4.

I'm theory knowing I could sell it helps me swallow that price. But in reality I'll be keeping the whole case... but I have some friends that shoot 38. If they need a box I would sell it to them at cost or maybe with a nominal finders fee lol

 

[Troystat]

Wow I am glad I reload, if you don't save the brass you might be able to sell it and recoup some of your cost.

 

[Green Frog]

If I weren't already glad that I'm a reloader, this thread would convince me. I'm not sure how many hundreds of HBWCs I've got stored up (at least a thousand though) and a few hundred SWCs before I have to start casting my own from the ton or so of lead and alloys in the basement. I already cast for and load the 32s of all sorts, and it looks like I'll need to start loading 9s and restart loading 45s. I followed advice I heard long ago with regards to components... "Buy 'em cheap and stack 'em deep."

With all my worries, my ammo supply isn't on the list.

Froggie

 

[SW Gun Guy]

You snooze, you lose. Go get it!

 

[robrossk]

I would buy that in a heartbeat.

 

[LostintheOzone]

I'm theory knowing I could sell it helps me swallow that price. But in reality I'll be keeping the whole case... but I have some friends that shoot 38. If they need a box I would sell it to them at cost or maybe with a nominal finders fee lol

Scalper.

I'd probably just buy it and know that I had enough to last a long time. 38 spl. isn't exactly made in great amounts anymore like 9mm. If it was 9mm or 45 ACP I wouldn't buy it. I bought a case of 22LR a few years ago and I have no idea how long it might take me to use that. At the time I thought it was a ridiculous purchase, but that changed. I do know I probably won't ever have to buy anymore and times like these that puts a huge smile on my face.

Consider that it costs about 0.20/rd to reload it once you're geared up so I don't think that's a bad deal.

 

[Johnnu2]

PASS..... and help support common sense and intelligence all at one time.

IMHO of course,
J.

 

[THE PILGRIM]

Funny you should mention PMC 132 Grain.
I recently bought 3 of the 300 Round Combat Packs.
Paid a little more that your paying.
Yes, I would buy it.
I own a number of 38-357s and shoot a fair amount of it.

 

[max503]

Threads like this make my stomach feel the way it did on a Monday morning when I was a kid and I didn't do my homework. We had a mean-*** nun for a teacher.

 

[haywood]

Buy it. You can always sell it.