Worth More Money: Your Gun Collection or Your Vehicle?

Worth More Money: Your Guns Collection or Your Automobile?

  • Gun Collection

    Votes: 130 59.9%

  • Automobile

    Votes: 87 40.1%
  • Total voters
    217
  • Poll closed .
E

EdInk

New member
I noticed alot of people have very nice gun collections (or at least pictures of them.) It made me wonder, how people afforded them? I am guessing that most of the collections took years to establish and the collection is in relative proportion to your income. I was curious Though, if we had any "hood-rich" guys that may own 3 NIB Colt Pythons but drive a 1980's AMC Gremlin that breaks down all the time?

BTW: Just because your gun collection is worth more than your car doesn't make you "hood-rich" by default You can have a perfectly fine automobile and a huge gun collection.
 
My firearms collection was worth quite a bit more up till about 3 months ago. That's when I traded off my POS pickup and got a new car, now they're about the same.
 
I have been collecting for quite some time. personal truck is a 07 1 ton dodge mega cab. So you can guess at how many firearms i have
 
KBB says my car is worth 15K. That's about what my collection is worth.

I know this because I keep a binder, called appropriately "My Gun Book", for insurance purposes and for my wife, (in case I croak), that contains a picture and some vital info on each gun I own. This way she'll have an idea of what each gun as well as my whole collection is worth. I do this because she has no interest what-so-ever in my hobby and would be completely in the dark as the real values.

Each gun has such info as; cost, accessories added, where purchased and when, condition, serial number, caliber, date manufactured, and so on.
 
Interesting question. Probably my gun collection is worth more than my car collection. At the least they would be neck and neck. Heck, either one is worth more than my house. When you have a real good paying job and work a lot of crappy jobs in a lot of crappy places, you can afford to have both. Ever been on the North Slope or Moose Jaw in the winter? Saudia Arabia or Iraq in the summer? Also, if you start at a young age and add to your collection as time goes by, don't sell any of them, you can collect a heap of guns in 35 plus years.
 
This really isnt fair but... my '87 Honda civic is only worth 300 bucks.... I wouldnt have much of a gun collection at that price.
 
My gun collection is worth twice what my vehicles are. Since the vehicles are depreciating value assets, and I have no plans to buy another for a couple of years, this will only get more exaggerated....'course by then I will have added several guns and another safe to the fold.
 
I drive a Dodge Ram pickup that's almost 10 years old and has 150K miles on it. With any luck I'll still be driving it 10 years from now when the odometer ticks over 300K.

Yeah, my guns are worth more, and I'm perfectly OK with that.
 
"Hood-rich"
Click to expand...

He-he-he. I like that!

Since I've never sold any guns that have been passed down to me by family or given to me by friends, those guns alone probably equal the value of my vehicle's. This has been a collection thats been 40 yrs in the making.
Then I've bought a few:o.

Whoops, did I mention I lost all these guns in a boating accident when I lived on a boat up in the Antarctic:(;)
 
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not sure, but i think a hi-point would be worth more than my cars current value... how much are junkyards paying these days anyway?
 
Vehicles.

I actually HAVE the car that is my namesake - bought it 25 years ago or so when it had little value. And there are a few other old clunkers that get knocked around in. Plus my primary vehicle and the wife's vehicle. Then there's the tractors, backhoe's etc.

But, for most people gun collections increase in value where automobile value go down like a brick. Especially if you buy lightly used guns on the cheap then hold them for decades. ;) The trick is to buy good quality and HOLD IT. That's why I just shake my head in bewilderment at the people that trade guns around and lose 1,2,3,$400 on each transaction.
 
My limited gun collection was worth more than my Jeep 4X4. On March 1, 2010, the Lovely and Charming decided she needed a new Cadillac to celebrate her pending retirement, so the car is now worth much more than the gun collection. In Mid March The Lovely and Charming did add a M-27 to my collection, so both of us made out well.
 
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Perhaps a better question would have been money spent instead of worth. A brand new car drives off the lot and loses a way higher percentage of value compared to cost than most firearms and depreciates at much higher rate for the first 5 or 6 years.
 
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