Overpricing is ridiculous.

[Meta]

Some call it gouging, some call it staying in business. Here's a thought experiment for you:

Let's say I'm a dealer and need to make a profit to stay in business. I buy 5 AR pattern rifles for my cost of $1000 each. I mark them up 20% to $1,200 to sell, leaving some room for discounts or negotiations. Now, if the price to replace those rifles rises to $1,200 before I sell them due to a very high demand, I HAVE to raise my prices to $1,440 to keep my profit margin and have enough money left to go and replace my stock to continue to be in business.
Same with gas prices. Let's say I put 100,000 gallons of gas in my tanks for a cost of $300,000. I price in a 10% profit margin on each gallon and offer each gallon at $3.30. Now, oil prices rise suddenly on the market due to an instability in the middle east, refinery fire in the region, etc. My replacement cost might now be $3.30 per gallon! I have to raise the price on the gas I have in the ground to make enough profit to be able to buy more gas to replace what's sold AND make a slight profit after. If I didn't do this I could end up losing money for the year. I'm not a speculator of oil prices, I need to make a margin on each gallon and not chase the price while in effect losing money on each gallon when you account for my replacement cost.

 

[Safety First]

Notice it's a new seller with zero feedback? Telltale signs of a speculator.

...... and there is already a bid for $3000...... 'A fool and his money are soon departed'

 

[HKGuns]

Freedom isn't free Gents.......You're also free to pass on the prices which will bring prices down. As long as there are idiots thinking the end of the world is coming there will be people who take advantage of them. BTW: We're all still here on the 22nd, go figure.

 

[f4t9r]

Gun shop here had 9mm for 10.99 a box on Monday morning, by afternoon same batch was marked up to 19.99. Suppy and Demand and panic buying, they were taking advantage of it.

 

[browningguy]

It's only ridiculous if you were caught unprepared and feel the need to stock up RIGHT NOW, like the other couple fo million unprepared people seem to want to do.

For people that are prepared it's just a gentle breeze on a lovely spring day.

 

[taliv]

i think just about everything that can be said has been said and 'gouging' is a little far off topic for rifle country. so we'll put this one to bed