What has happened to the handgun market?
- Thread starter IMTHDUKE
- Start date
johnwilliamson062
Moderator
Well, I am seeing a lot of guys with their entire collection for sale locally. I seriously doubt they are tired of hunting and shooting. The REAL unemployment rate(not the unemployment rate) hit 15% a few weeks back and is climbing. Even the "real unemployment rate" excludes a half dozen categories of eople which don't have full time jobs.
I am looking at some great deal and I am passing them by because things are going to get really sweet in a few months. For one thing many states have extended unemployment, but are now in financial trouble and unlikely to do it again.
Availability has been improving
I think it has been about 4 or 5 weeks since I first posted that things were looking better around. They continue to look up.
VA Wal Mart Ammo Supply
6 weeks ago .22
3 weeks ago .45, .22
2 weeks ago .32, 45, .22
This week .44, .22. 32, 9MM, .45
I monitor other Wal Marts and two local gun shops. I've seen the same thing in those places. Place nearest me has lifted most restrictions on ammo other than 9mm ball ammo. They are even giving away 500 rounds of .223 with the purchase of an AR.
Guns have been getting better too. Started a little before the ammo started to improve.
I think it has been about 4 or 5 weeks since I first posted that things were looking better around. They continue to look up.
VA Wal Mart Ammo Supply
6 weeks ago .22
3 weeks ago .45, .22
2 weeks ago .32, 45, .22
This week .44, .22. 32, 9MM, .45
I monitor other Wal Marts and two local gun shops. I've seen the same thing in those places. Place nearest me has lifted most restrictions on ammo other than 9mm ball ammo. They are even giving away 500 rounds of .223 with the purchase of an AR.
Guns have been getting better too. Started a little before the ammo started to improve.
People are trying to cash in on the panic by selling guns at inflated prices. That worked on the panicked people.
The rest of us realize that the panic is not permanent and now that the panicked folks have run out of gun money, the people trying to cash in are going to have to readjust to reality if they want to sell anything.
I'm still seeing a lot of folks trying to sell used guns at prices above what they are worth new. They can try all they want...
The rest of us realize that the panic is not permanent and now that the panicked folks have run out of gun money, the people trying to cash in are going to have to readjust to reality if they want to sell anything.
I'm still seeing a lot of folks trying to sell used guns at prices above what they are worth new. They can try all they want...
carguychris
New member
+1, and I'd like to add to the "clueless dealer" hypothesis. IMHO we're about to see prices fall due to 2 more factors:
1) Dealers taking out loans to buy more handguns. The loans will be coming due and the dealers will have to move their inventory.
2) Dealers ordering 25 handguns in the middle of the panic in order to get 5. Guess what, the panic is over, and some of those dealers are going to be visited by a big brown truck carrying the other 20.
There is a central truth that is obvious to anyone who has studied past financial manias and panics.
When people start saying that prices of a commodity will "never" drop, not only are they usually wrong, they're usually spectacularly wrong, and a bunch of investors are about to take a bath.
I would fall into the catagory of a panic buyer who got what they wanted. Still shopping and enjoying shooting, trying to learn more about different rifles and make a few more purchases. Gunna wait till the ar craze slows down to buy one of those, hope you guys are right about this fall.
I agree with the sentiment that its worth paying a little more to not be left out if you got a late start, especially if you only buy stuff you like and plan to keep.
I agree with the sentiment that its worth paying a little more to not be left out if you got a late start, especially if you only buy stuff you like and plan to keep.