Resale Value of Guns
- Thread starter Lord Soth
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TrapperReady
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- Jan 29, 2003
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Hard to say, and can be heavily influenced by region/season/new models/etc... . Anything new is going to lose a good chunk once it goes out the door. If you are really concerned about resale value, then I'd look for good-condition used pieces. That way, the bulk of the depreciation has already occured.
If you are looking at a specific type of gun, you can try pricing them in local stores or at gun shows, and then compare those numbers against auctionarms.com or some other similar site.
If you are looking at a specific type of gun, you can try pricing them in local stores or at gun shows, and then compare those numbers against auctionarms.com or some other similar site.
280PLUS
Member
i'm told the browning high powers hold their value...
blades67
Member
NIB unfired ones. Buying a gun based on resale value will only cost you money.
Ebbtide
Member
Do you mean to tell me I could lose money if firearms become my full time hobby? Blaaahhhh....non-sense!
The only good thing about new guns is they never loose all their value, but in the end will be worth exactly as much as a used gun.
In the easy come easy go world of modern firearms I always try to buy slightly used.
Rembrandt
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- Feb 1, 2003
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- 4,657
Question: What new guns have the highest resale value?
1- Guns with low production numbers
2- Guns with high quality workmanship
3- Guns with a classic design (can't be a turd in the punch bowl)
If the basic gun posesses three out of three of these basic ingredients, prices will appreciate accordingly.
A 10/22 that has been produced in the millions will not command the prices that a high quality Winchester 52 that has had limited production numbers will. A few guns will attain the "cult" status (Luger & SAA Colts) and will always bring top dollar.
1- Guns with low production numbers
2- Guns with high quality workmanship
3- Guns with a classic design (can't be a turd in the punch bowl)
If the basic gun posesses three out of three of these basic ingredients, prices will appreciate accordingly.
A 10/22 that has been produced in the millions will not command the prices that a high quality Winchester 52 that has had limited production numbers will. A few guns will attain the "cult" status (Luger & SAA Colts) and will always bring top dollar.
10-Ring
Member
Why buy new if you're already planning to sell it? You're better off buying used letting someone else take that hit
Standing Wolf
Member in memoriam
I always figure money spent on a firearm is gone. If that turns out not to be the case, fine, but the only way to realize the increased value of a firearm is to sell it, and I'd rather not.
Redlg155
Member
From what I've seen is the higher the initial price of a weapon, the more you lose in resale value compared to lower priced weapons. I think we all have seen where somone has paid $1200 plus for a weapon only to sell it for less than a thousand.
I would think the all time highest resale value of any type of weapon type would be pre ban AR15s. One day they are worth $600, the next $1200. A post ban Bushmaster today will cost you $699.00. You can expect to pay close to $1500 for a factory letter verifiable pre ban Bushmaster.
Moral to the story? Stock up on AR15 lowers. At an average price of $100 for a stripped lower, just about anyone can afford one. You never know what the next "crime" bill will bring.
Good Shooting
Red
I would think the all time highest resale value of any type of weapon type would be pre ban AR15s. One day they are worth $600, the next $1200. A post ban Bushmaster today will cost you $699.00. You can expect to pay close to $1500 for a factory letter verifiable pre ban Bushmaster.
Moral to the story? Stock up on AR15 lowers. At an average price of $100 for a stripped lower, just about anyone can afford one. You never know what the next "crime" bill will bring.
Good Shooting
Red
CleverNickname
Member
It's hard to find a transferrable machinegun that hasn't increased in value. My Vector Uzi's increased ~$700 in value in the 10 months I've owned it.
Hkmp5sd
Member
A lot of it is due to luck or fads...
Other than things like custom guns, guns previously owned by famous people or low production runs, some things than can increase the value of your firearm are:
The movie industry helps sell and resell certain firearms. Dirty Harry's S&W .44 created a huge demand, thus higher value, handgun. Same with the Beretta from Die Hard and Lethal Weapon, and the Glock 17 from Die Hard 2. Black Hawk Down made everyone wanted a M4 clone. Miami Vice helped cause the wonder-nine craze of the 80's.
Rumors of bans on certain catagories of guns also increases the desirability and value of the effected guns. The assault weapon ban caused the value of those guns to double or triple overnight, long before it was actually signed into law in 1994. All of the hype and proposed bans of the .50 BMG have made people want to get one now, just in case it gets banned.
High profile crimes also can effect the demand and value of a firearm. Following the North LA shootout, everyone wanted an AK-47 clone. The Secret Service agent holding the Uzi over John Hinkley in 1981 resulted in a surge in Uzi carbine sales. Those that did by an Uzi carbine also benefited from the AW ban raising the value even more.
My MP5SD and M16A1 are around 5-6 times what I paid for them. Of course, it's been a little longer than 10 months.
Other than things like custom guns, guns previously owned by famous people or low production runs, some things than can increase the value of your firearm are:
The movie industry helps sell and resell certain firearms. Dirty Harry's S&W .44 created a huge demand, thus higher value, handgun. Same with the Beretta from Die Hard and Lethal Weapon, and the Glock 17 from Die Hard 2. Black Hawk Down made everyone wanted a M4 clone. Miami Vice helped cause the wonder-nine craze of the 80's.
Rumors of bans on certain catagories of guns also increases the desirability and value of the effected guns. The assault weapon ban caused the value of those guns to double or triple overnight, long before it was actually signed into law in 1994. All of the hype and proposed bans of the .50 BMG have made people want to get one now, just in case it gets banned.
High profile crimes also can effect the demand and value of a firearm. Following the North LA shootout, everyone wanted an AK-47 clone. The Secret Service agent holding the Uzi over John Hinkley in 1981 resulted in a surge in Uzi carbine sales. Those that did by an Uzi carbine also benefited from the AW ban raising the value even more.
My MP5SD and M16A1 are around 5-6 times what I paid for them.
Of course, it's been a little longer than 10 months.Leatherneck
Member
You guys *SELL* guns? What's up with that?
TC
TFL Survivor
Guns are for buying, silly!
TC
TFL Survivor
Guns are for buying, silly!
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