Gunbroker Idiot of the Day!

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Olympus

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This is why I refuse to buy any gun from GunBroker.Com. This is simply ridiculous! I'd like to reach across the computer and slap this seller....I mean honestly! I hope there isn't someone out there stupid enough to buy this. I just want to log on and send the seller a message about how big of a retard he is and why people like him are driving this current gun inflation through the roof.

http://www.gunbroker.com/Auction/ViewItem.asp?Item=120143915

Am I out of line on this or do other people think like I do?

:banghead:
 
Geez.........another example of the problems we face, but just remember an item is truly worth what someone is willing to pay for it. You can't put all the blame on the owners of the website or a store front in the website if someone freely chooses to pay what they are asking. While I don't agree with it and think this is absolutely ridiculous (a 1911 costing that much that is) but if people are willing to pay that much God help them but thats the way it works unfortunately.
 
Take it easy, it's Gunbroker. Free listings, so dealers can list their stock at outrageous prices, if it doesn't sell, no big deal, just gets relisted. If some sucker does bite, well, they made some money.
 
As I just stated in another thread...
An object is only worth what someone is willing to pay for it.
There are MANY 1911s on GB.
If someone decides to pay his price for that one... then guess what, it was worth the asking price.
To that person.

If I knew I could get double what I pay for for things I had... I would damn sure be making me some money right now.
You charge what the market will bear.
You charge too much, and people wont buy.
People are amazed and complaining about the prices of some guns right now... but if is not "fair market value", then they wont get their price.
These guns are not like a generator in the face of a hurricane.
There are objects that people are afraid they wont be able to get in the future.
If it is THAT important to them to have that object, they should have bought them earlier when the price was lower... or just step up to the plate and open their wallets.

I have seen many people screaming "PRICE GOUGING" at the current situation.
These people are wrong.
You can price gouge over something that is needed in daily life, gas, food, the bare essentials for survival.
You dont NEED an AR15. *Gasp* BLASPHEMY!!!
Nope... you dont need it, you want it.
Oh, you have the right to buy it... but that doesnt mean that you need it.
You can use all manner of other rifle out there, and a lower cost.


Jim
 
Dude it's a Taurus, not a Kimber. He's not going to get any bids, he'll learn his lesson.
 
So why do we care enough to rant over it?

The lessons to be learned (if any) are confined to the seller and the buyer. I have no skin in that game, and I will got get apoplectic over seein' capitalism in action.
 
I just think it's going a little too far with taking advantage of the current situation. I agree with capitalism and making a buck just like everyone else. But there comes a point when you take it too far. I agree that if you've got a product that's in high demand and there's a low supply of then you can pretty much set your price. But someone hit on the point I was trying to make already. It's a Taurus not a Colt or Kimber! And since someone else pointed out that there are MANY 1911s on gunbroker then there shouldn't be an excuse for a buyer to be uneducated on the going price for one. It's just a waste of an ad. Maybe I went a little to far by saying retard. But it's still frustrating.

It may be a free ad to post, but someone somewhere is likely paying for it. Unless gunbroker is operated totally fee-free by wonderful donations, somebody somewhere is having to pay something to keep the site running whether it be sponsors or advertising or what.
 
Take it easy, it's Gunbroker. Free listings, so dealers can list their stock at outrageous prices, if it doesn't sell, no big deal, just gets relisted. If some sucker does bite, well, they made some money.


So why do we care enough to rant over it?


Agreed.


And the people on GunBroker aren't driving up the price. The people on GunBroker are taking advantage of the "high demand+low supply=higher prices" situation to make a buck. And more power to them; such is our economic system.

Not sure that this really warrants a thread just because you're upset at someone on GunBroker exercising his capitalistic rights. Close the thread?
 
And the people on GunBroker aren't driving up the price. The people on GunBroker are taking advantage of the "high demand+low supply=higher prices" situation to make a buck. And more power to them; such is our economic system.

Actually, the way it works is simple. If I have an item to sell I look up the same item on GB, or any other auction site, and see what other people are asking for the same thing. Then I list my item for that price.

So, people who overprice their stuff encourages other people to also overprice their stuff and the net result is that everything becomes overpriced. Which then becomes the "normal" price for that item.

And, why should we care? Because it's guaranteed that there is some stupid consumer out there who will pay the overinflated price. This then encourages the sellers to continue their practices but even more so. Doesn't anyone understand that the "rebate" on the purchase of a new car means that the original price was too high by the amount of the rebate and even the seller knows it?

People need to get educated on the value of money.
 
people who overprice their stuff encourages other people to also overprice their stuff and the net result is that everything becomes overpriced.
So don't buy it and quit whining because you can't indulge your need for material consumerism. :)

Seriously - you talk about one side of capitalism (ability to inflate prices) but neglect the whole competition side, which is clearly demonstrated when demand for overpriced goods drops and inventories pile up. That's when price cutting and rebates begin, as suppliers work to shed excess inventory.

Doesn't anyone understand that the "rebate" on the purchase of a new car means that the original price was too high by the amount of the rebate and even the seller knows it?
Yes, we do. By your own logic, I'm not sure that *you* do. Rebates exist because the fair market value was too high, as evidenced by excess supply. The rebate is a means of increasing demand via a lower price.

But if everyone still pays the higher price and inventories are stable or dropping, then the higher price (aka 'consumer inflation') *is* the fair market value of the item whether you like it or not or can afford it or not.

I want a Ferrari. I think that they should cost $20K. Sadly, the market has placed their market value considerably above that. Whining on an internet forum that all these rich guys have inflated the cost of the Ferarri does me no good.

They're still not $20K, and never will be in my lifetime no matter how much I rail against it. The suppliers and the buyers have determined through buying and selling that which is the price range, which is how free markets work.
 
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Rob P
It only becomes the" normal price" if it sells. If I am looking on GB to get a feel for what something is worth, I only look at what has bids, or what has sold.
Car lots have been doing this for years. Everybody wants to get the last dime out of whatever they are selling, and just the opposite for buyers.
 
I fail to see the logic of using something like this to write off every single firearm listed on Gunbroker. My grocery store sells individually wrapped processed cheese food and although it disgusts me, I haven't stopped buying my beer and Cherrios there.

And by the way...this "custom" Ruger makes your Taurus seem like a deal. It is a custom shop piece that will shoot ultra light weight exploding bullets.

http://www.gunbroker.com/Auction/ViewItem.asp?Item=119620678
 
I don't think this is worth getting bent over... there are alot of guns that don't sell for their asking price on Gun Broker.

The way I look at is that there are 3 ways you can react:

1) Don't give it a second thought.

2) Be pissed and spend alot of energy on things that aren't in your control.

3) Get involved in an orginazation that wants to regulate what, when, where, and how much private companies or individuals can sell there goods for.

Personally I think #3 sucks. #2's not my cup of tea either.
 
Hey..that's a great price for a $500 gun...in New York City!

Honestly, Virginia Arms' "No sale final until you're satisified" policy is worth the few extra bucks...by "few" I mean $10-50 depending upon the gun. Their Glock prices are still $535 and have not changed for a decade. I could get a Glock 19 for $489 at a show, but then I cannot return it if there's trouble. I'd rather have one trusted store than go for the lowest price from some unknown vendor.
 
Ah, he's not so bad: he's got the Hi-Point listed for 125.00.

There's a pawnshop around here that routinely marks Hi-Point C9s at 395.00.

He doesn't sell a lot.
 
in the gunbroker ad said:
Destined to become the standard that all 1911 pistols are compared against, the Taurus 1911...

Yeah, I can see Bill Wilson, Les Baer and Ed Brown quaking in their boots right now. :D

(Not meant as Taurus bashing!)
 
The sad thing is some people don't do the research before they bid... then give a blanket "I got a 1911 for $800 statement."
 
It's real simple, if you think that's too much then don't bid/buy it.

If the market won't support a given price then it's time to reprice it. If they can get that much for it more power to 'em.
 
A while back when Johnny Carson was the Tonight Show, he told a joke about running out of toilet paper in New York. Well, everybody who heard it went Oops and ran out to buy some. Next night, Johnny's crew showed tape of empty shelves in NYC. Sheeple in action.

High priced firearms across the board is the same thing. Folks who didn't care suddenly will spend double or more because they are running scared - not because they NEED it. They heard a rumor that fueled fear and acted on it.

High prices and shortage scares do one thing good, they move people out of their comfort zone and get them to think about their real priorities. Some buy guns, most of us sit back and laugh. We already have it covered.

Looking forward to the next gas crisis with the same 6 cylinder Jeep I have now - I won't need to dump a Hummer just because it sucks gas and I suddenly woke up. Keep your wants in check and your needs prioritized.
 
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