Income Tax time...

S

Sheriff Gotcha

New member
So I am new to owning firearms. I made my first purchase last July (2012) and bought a second this past January, both handguns. Well now I am in search of something else, a rifle, and have a spending limit of around $2,000. The one I am looking at is ranging from $1600 to $1900 on gunbroker.

I was going to wait until my income tax return to make my purchase. After some thought I got the idea that maybe that is not the best time to buy a gun as everyone will be getting a chunk of money back and may be looking to do the same thing as me.

Long story short I had a few questions about the buying cycles of guns and as such was wondering if you fine people here could provide answers for me.

- Do guns go up in price around income tax time usually? Since it may flip from a buyers market to a sellers market.

- Do you think the extra 3 or 4 months from now till tax season would make the price drop on a Tavor as more inventory hits the market?

- Is there a yearly pattern to how gun prices raise and lower or is it pretty much randomly?

Thanks for any information provided, it's very appreciated.
 
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With handguns and "assault" rifles the only trends in prices tend to be political winds. Mention a ban and prices skyrocket. When things calm down prices drop.

With hunting rifles and shotguns I have noted a seasonal trend. There are lots of guys who head to the pawnshop in August to buy a used deer rifle. After deer season they sell it cheap to pay for Christmas. They use their tax return to buy a turkey gun in March, then sell it cheap in June to pay for a summer vacation. The cycle starts over in August every year.
 
JMR has the pawnshop cycle exactly correct. Other than hunting seasons, there really is no effect on prices except the next political push for gun control. The pawnshops don't play with their prices much, either, unless they haven't made a sale all week.

So I'd just go get your new rifle when you can afford it and find what you want. The difference in cost by waiting for some kind of white sale isn't enough to risk losing your dream gun to another buyer.

Do ask for a discount, though, and be tough. Cash is king.
 
Well that makes me feel better then, I think I will just wait it out till tax time. As well I suppose I have to keep an ear open to make sure no gun legislation is coming through the pipeline.

Thanks for the information and advice.
 
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