Resale values - going up? going down?

T

tomwalshco

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Have a bunch laying around that are dust collectors. Nice guns, just don't really need them.

Need to bank roll a truck repair. Don't have to sell any, but would make it easier to handle. Believe values are down and supply is up. See twice as many now on local postings than even a year ago. And may good guns seem to languish much longer that you would expect, and probably sell for much less than asking.

Lots of guys bought a bunch (like me) when there was plenty of work and overtime, etc. Now people need the dough to pay their gas bills.

Anybody see resale values going up in the future and a reason why? Doubt anything political will change until the election. All seems to be economy driven. Lots of broke people running around out there, sadly......
 
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Anybody see resale values going up in the future and a reason why?
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Resale value of what? What you are selling certainly matters.

Personally though, I don't see values sky rocketing on much of any thing in the near future.
 
doesn't matter, really. If used Colts go up, so do used Glocks and used Hi-Points. Not talking anything exotic or antique.
 
We're in a recession. Resale prices are going to be low because folks don't have much discretionary income.

If you have to sell, you have to sell. But now isn't the best time.

Maybe after the next election, assuming we get somebody who knows something about economics? That's just a preliminary time frame. Until then, hold onto your guns as long as possible.
 
From now through the end of next April is typical "dead time" for selling.
It can be excellent for buying however.

Christmas & holiday expenses, credit card bills that hit in January, Winter utility bills and finally April 15th - all add up to make it a bad time of year to sell.*

*Exception - tax refunds.
Tax refunds can be a wild card.
 
It's my impression that prices on used firearms have generally declined over the past year or so. But that's coming off of the run up in prices from a few years ago.
 
In general, I agree with Casimer.

There are exceptions; for instance, Colt Python and vintage rimfire S&W revolver prices seem to be continuing to increase without any signs of slowing down, and a few milsurp rifles are spiking because supplies of fresh ones seem to be drying up (e.g. Mosin-Nagant M44s). However, for run-of-the-mill firearms that aren't uncommon and collectible, I too have seen prices go down. For instance, sanity has certainly returned to the hi-cap semi-auto pistol and EBR markets. :)

In terms of future prices, I honestly don't see them going up unless the economy improves, and even then, some of the gains will be wiped out by inflation.
 
For the most part the price of used guns are down. The economy is still not good and people are uncertain about the future. This leads to less disposable income and less spending of what disposable income people have.

Some guns which are collectors items, discontinued models, Mil-surp which is drying up etc.... are holding steady but IMHO not really going up which is better than the avg Glock, S&W or Ruger.

Those who have the cash to spend know this and are looking for deals which in turn drives the market down even further. Things that IMHO would have sold 3 to 4 years ago right away now sit unsold or end up being reduced.
 
Prices on the "classics" are going up. Prices on "tool" guns and military style guns have drooped a little.

By classics, take for example the Colt Python. A shooter with obvious signs of wear will sell well over $700. Classic Colts have been climbing in value. I haven't tracked S&W - I don't think they've gone up as much, but could be wrong.

On the other hand, AR's, AK's, and various clones of "assault-style rifles" made in the US are not going up in value, but dropping in price on the used market. The threat of a ban would reverse both of these trends.
 
Cash is king now and more important in the future and fewer people will have it
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Not true....

The real problem is that there's too much cash being printed, with just the word of the US goverment as to what it's value is.

It's a house of cards that could topple if the world market shifts away from using the US dollar as the world standard.

There's also a huge danger that some foreign power could collect US printed money and sit on it.
Hussain did that.
For every paper dollar that sits idle outside our borders, another one has to be printed to keep the money in circulation.
Well - not exactly one for one - but - you get the idea.
 
Well, you could stockpile krugerrands, but I don't think Wally's takes them for grocery purchases.

I, for one, think the geniuses in power now will get re-elected. If half the people are getting free stuff and you throw in unions, teachers, government workers, students, soccer moms, ballots in Spanish, Occupy types and the like - too many to overcome no matter how bad Limbaugh and Savage tell you they're going to get stomped. Did I leave anybody out?

That gives these turds 4 more years to pry 'em outta your hands. They might even dig up ole Charlton Heston to get his. Prices, I guess, will start moving up.............

"Democracy will last until the public realizes that it can vote itself wealth from the public largesse." Alexis de Tocqueville (1805-1859)
 
Depends on what you are selling. Try looking for a Marlin 1894C in .357. Prices of used ones are going up about $50 per month. Ridiculous. In August average price $450. Now. $650.
 
My HK P7M8 keeps going up up up.

It was around $1,600 to 1,800 in January and I see the same condition pistols going for around $2,000 to $2,200 now.
 
Currency.............might as well be toilet paper
Gold...................same thing as currency, but heavier and more bloated in price.
Silver.................version of chrome, stainless steel, and nickel that tarnishes - also bloated in value
Platinum.......... need it to convert carbon monoxide to carbon dioxide other industrial purposes, used in jewelery, and very corrosive resistant.
Palladium...........need it to refine and purify hydrogen, substitute for platinum for industrial and jewelry purposes.
Rhodium...........highly corrosive resistant, used to put bright, tough, silvery finish on other metals - very brittle - hard to make bars, coins out of, but possible
Colt Python............ pretty to look at, "man-jewelery", hand fitting that is too costly to replicate in the age of plasti-guns. Will increase in value over inflation
Colt SAA 1st gens.............. Colt. They don't make 'em anymore. Quality. Hard to find un-touched good examples. Will increase in value over inflation.
Bren Ten..............hard to find. They don't make 'em anymore. Cost too much now, and will cost even more next year.
Korth Revolvers........... too expensive, inflated price. Ridiculous amount to spend on mid 20th century revolver, impossible to find good ones, will cost you even more next year.
AR15............even if they ban them, there are so many out there that it's like investing in sand.
AK47 (and such).............Unless they are original imports, same as the AR15.
SCAR-17.......that's a good bet for the future, but it's still a gamble.
 
New S&W last year, retailed for $1700+, this year $1450. real value $800 if I sold

New S&W $1450 last year, retailed for about $1200-1300 now. Real value$800 if I sold.

Both I lose about $300ea. That's if I sold.

Just take my word for it. They are still high end guns though.
 
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Personally no buying for me anytime soon---hours were cut back and still paying huge child support----kids will be lucky to get anything for Christmas after the other bills are paid.:(
 
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