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Second Hand Values


ChrisAsh
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Many posts on this forum quote the resale value of the three most popular guns Beretta, Browning and Miroko as the best buy as they hold onto their second hand value better than other makes

 

Looking at Guntrader without going into great depth of comparison, this would appear to be a dodgy claim at first glance and maybe just company loyalty taking over from facts.

 

Has anyone really studied the second hand values given as a percentage of new price to confirm this as a advantage to buying against a less well marketed make

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Not really studied it but experienced it. My first gun was a 2006 Browning 525 bought for 700, sold it for 950 to a shop 12 months later.

 

Given that it was 4 years old when it was sold, had about 15k carts though it (that was my shooting ) and it probably only lost 20% of its original New cost I thinks that's pretty good.

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It doesn't really matter what make of gun that you buy, if you take into account the 20% tax lost on a new gun.

 

Unless you bought a gun at a reasonable price and keep it for a few years, you might break even due to inflation, but I would not bet on it.

 

I've found that buying a gun is like buying cars, when you come to sell, you tend to loose a lot of money.

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I bought a Berretta 682 sliver action in 1993/4 for £850 just found the receipt I had it valued for insurance with my other guns last year £1100 as its immaculate still that to me is a good investment do that with a hatstand

 

My 525 was £950 2 years ago, cheapest one of same spec on guntrader at this time is £995 :hmm:

 

Buy Wisely......

 

I could have bought and sold 3-4 guns in the time i have had it and lost £150+ on each trade..... :oops: But i havent :P

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Guntrader prices are for people buying mainly from traders so actual price the gun owner would be offered I imagine must be at least 20-30% less than that just to give the dealer a profit

 

A insurance price is again a replacement price to buy and not really the price you would get selling

 

Private sales you cut out the trader so get more if you can find a buyer

 

I would assume fixed chokes would now be a lot harder to sell than Multi Choke as so many people like to fiddle or at least have the ability to

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But is the level of devaluation a good reason to choose any particular marque?

 

Yes, in time you might get back more on one gun than another, but if you buy the right gun in the first place, ie the one thats suits your purpose and fits you well, you probably wont get rid of the gun for many years - what are you really looking for - the gun that gives 100% satisfaction but drops a bit more in value, or the gun that is not ideal for you, but might get an extra £100 2nd/h value in 10yr?

 

No, first and fore-most, get the gun that fits and works.

 

If you want to cut the devaluation, just buy good used, after that the gun should hold value, as they are like cars - less 40% as you walk out the door with a new gun, but after that not much more as long as condition maintained.

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