Buying used guns to sell question
Firearm & Gun Forum - FireArmsTalk.com > General Firearms Forums > NFA/Class 3 & FFL Discussion > Buying used guns to sell question

Reply
 
LinkBack Thread Tools Display Modes
Old 02-21-2011, 06:32 PM   #1
Feedback Score: 0 reviews
 
Join Date: Feb 2011
Location: Burlington,NY
Posts: 86
Default Buying used guns to sell question

so you look up the value of the gun based on condition in the blue book, what percentage do you pay the seller? like 60% of retail?

what on a consignment, keep 20%?

i have no clue ,so cue me in as to what is the fair and going business practice in the gun shop.

Thanks

__________________
KeithB is offline  
 
Reply With Quote

Join FirearmsTalk.com Today - It's Free!

Are you a firearms enthusiast? Then we hope you will join the community. You will gain access to post, create threads, private message, upload images, join groups and more.

Firearms Talk is owned and operated by fellow firearms enthusiasts. We strive to offer a non-commercial community to learn and share information.

Join FirearmsTalk.com Today! - Click Here


Old 02-21-2011, 07:41 PM   #2
Moderator
FTF_MODERATOR.png
Feedback Score: 0 reviews
 
JonM's Avatar
 
Join Date: Nov 2009
Location: Rochester WI,Rochester WI
Posts: 17,414
Liked 5512 Times on 2879 Posts
Likes Given: 358

Default

Depends on who is doing the buying and what the gun is. The bluebook is a reference price. When I sold my ruger sr556 I got a little more than blue book. Most gunshoos will offer 50% of bb value and will often down play its value

It varies greatly just depends on the shop. Same for consignment sales.

__________________

"Gun control: The theory that a woman found dead in an alley, raped and strangled with her panty hose, is somehow morally superior to a woman explaining to police how her attacker got that fatal bullet wound." — L. Neil Smith

The problem with being stupid is you cannot simply decide to stop doing dumb things...

JonM is offline  
 
Reply With Quote
Old 02-25-2011, 12:08 AM   #3
Feedback Score: 0 reviews
 
Join Date: Oct 2007
Location: Moseley,Virginia
Posts: 46
Default

I think it depends more on the area than anything else. A gunstore I worked at for a while after I retired from real work would lowball all day long. I got some good deals because management was so cheap. Like the Savage 311 for $60'cause they offered the guy $30 when he came into the gunroom where I was he was complaining and I just asked how much he wanted. I also got a Colt Python 8 3/8" bbl NEW in box still had the tag on the trigger guard $250.

If they could not buy it at their very undervalued price we could negotiate with the customer, we just had to go outside the store to make the deal so the seller could not come back and claim it was the store that bought the gun.
Consignments in this area are usually 20%-25% of selling price. Special orders are $25, and trasnferrs are $50 (customer buys gun and has it shipped to your shop) no gun store in this area will give much more than 1/2 of bluebook.
One store offered me $500 for the Python!

__________________
rustycrusty is offline  
 
Reply With Quote
Old 03-02-2011, 01:26 PM   #4
Feedback Score: 0 reviews
 
Join Date: Dec 2010
Location: Portland,Or
Posts: 33
Liked 1 Times on 1 Posts

Default

I think the shops around here are about 30% I charge 10% or $25 what ever is greater. I hope to have some money so I can buy things outright rather then deal with a consignment.

__________________
Ilv4xn is offline  
 
Reply With Quote
Reply

Thread Tools
Display Modes


Similar Threads
Thread Thread Starter Firearms Forum Replies Last Post
Question on Buying a used revolver northhike Revolver Handguns 8 01-02-2010 03:49 AM
When buying a used AR15... question aliendroid AR-15 Discussion 1 09-16-2009 12:37 AM
buying my first gun. big legal question. JackMarshell Politics, Religion and Controversy 15 07-24-2009 02:41 AM
Question about buying a used shotgun JoeCool General Shotgun Discussion 5 04-15-2009 03:29 AM
Credit card company: No more buying guns sculker The Club House 4 02-07-2008 08:17 PM