Shooting Tom Posted January 22, 2012 Report Share Posted January 22, 2012 (edited) i have a browning 425 of which i would like to trade in for a new silver pigeon what should i be looking for money wise. Thanks ST Edited January 22, 2012 by Shooting Tom Quote Link to comment Share on other sites More sharing options...
sishyplops Posted January 22, 2012 Report Share Posted January 22, 2012 I guess you mean 425 ( by the looks of your guns listed) a grade 1 spec new can be had for a little over £1100 if you do some serious shopping and haggling, so the dealer will be buying new guns direct from the supplier at a fair bit less than that so they can make a margin on it, if he make 30%GP he's buying new at around £800 so to trade in you will need to be less than that , i guess around 600 depending on barrel length, multi choke or not and general condition etc, the 425 is a good gun and one that is sought after so push for about 700 but it depends on the value of the new gun, stick it on here for sale i bet it will go fairly quickly then you can do a straight purchase which gives you a distinct advantage, all the best with it Quote Link to comment Share on other sites More sharing options...
Shooting Tom Posted January 22, 2012 Author Report Share Posted January 22, 2012 Grade 1 Quote Link to comment Share on other sites More sharing options...
Browning 425 clay hunter Posted January 22, 2012 Report Share Posted January 22, 2012 I've seen a few at 750/800. Suppose condition comes into it aswell. Tight action and so on Quote Link to comment Share on other sites More sharing options...
Shooting Tom Posted January 22, 2012 Author Report Share Posted January 22, 2012 i would of said it is in good condition tight action, a few marks on the stock but would expect that from any used gun. Quote Link to comment Share on other sites More sharing options...
Gordon R Posted January 22, 2012 Report Share Posted January 22, 2012 I presume it is a 425, as I don't recall a 424. Lot of factors affect the price:- Fixed or multichoke? Barrel length? State of wood work - any cracks, dings - can they be steamed out or are they scratches / dents, with wood missing? Action - tight - from what you say. State of the blueing - worn, marked or as new? Age? They start at £795 from a shop. I would imagine they might start offers at £500 or £600 - depending on where you go and what you are buying. Private sale should net you more like what it is worth. Good luck. Quote Link to comment Share on other sites More sharing options...
Shooting Tom Posted January 22, 2012 Author Report Share Posted January 22, 2012 32 inc barrels, no blueing, little wear, multi choke, could loss most marks on stock. was looking for 600 as i am trading for new gun Quote Link to comment Share on other sites More sharing options...
Iggy Posted January 22, 2012 Report Share Posted January 22, 2012 Like the previous posted have said, many things affect the trade in value of a gun. In my experience the trade in value of your 'old' gun also depends on the value of the new gun you are buying and how 'keen' the dealers price is on the new gun. Again in my experience, the better/lower the price on the new gun (compared to other dealers) then the lower the trade in value on your current gun etc. Having said that, if your current gun is as described I reckon you should be looking at £600 min as a trade in I would have thought?? Good luck with the deal Iggy. Quote Link to comment Share on other sites More sharing options...
Shooting Tom Posted January 22, 2012 Author Report Share Posted January 22, 2012 thanks iggy Quote Link to comment Share on other sites More sharing options...
Dekers Posted January 22, 2012 Report Share Posted January 22, 2012 The important figure is what you need to find to buy the new one! It doesn't matter a fig if he offers you 50p for yours if he only wants £500 for the new one. Forget its trade in value, look at the differentials! "Here's my shotgun, I want that, how much do I have to pay you?" Quote Link to comment Share on other sites More sharing options...
HDAV Posted January 22, 2012 Report Share Posted January 22, 2012 (edited) 32 inc barrels, no blueing, little wear, multi choke, could loss most marks on stock. was looking for 600 as i am trading for new gun I would think you would get £800 privately for it easily as 32" is in vogue the question is why the change? Your spending £5-600 for what benefit? ok so govt will appreciate the £200 in VAT Edited January 22, 2012 by HDAV Quote Link to comment Share on other sites More sharing options...
Iggy Posted January 22, 2012 Report Share Posted January 22, 2012 I would think you would get £800 privately for it easily as 32" is in vogue the question is why the change? Your spending £5-600 for what benefit? ok so govt will appreciate the £200 in VAT Good point... What new gun are you looking at, out of interest? Quote Link to comment Share on other sites More sharing options...
BlaserF3 Posted January 22, 2012 Report Share Posted January 22, 2012 Regarding VAT I thought that used guns were VAT free. Any body really know? Quote Link to comment Share on other sites More sharing options...
sitsinhedges Posted January 22, 2012 Report Share Posted January 22, 2012 Regarding VAT I thought that used guns were VAT free. Any body really know? My local gun shop reckons that vat only applies to the profit on a S/H gun, ie what the shop has made on it rather than the whole amount it sells for :blink: Quote Link to comment Share on other sites More sharing options...
dodeer Posted January 22, 2012 Report Share Posted January 22, 2012 Used guns are VAT free... Quote Link to comment Share on other sites More sharing options...
billytheghillie Posted January 22, 2012 Report Share Posted January 22, 2012 Good point... What new gun are you looking at, out of interest? read his post---silver pig! Quote Link to comment Share on other sites More sharing options...
Iggy Posted January 22, 2012 Report Share Posted January 22, 2012 read his post---silver pig! Oops, sorry Quote Link to comment Share on other sites More sharing options...
billytheghillie Posted January 22, 2012 Report Share Posted January 22, 2012 happens to me as well, its this time of night Quote Link to comment Share on other sites More sharing options...
Paddy Galore! Posted January 22, 2012 Report Share Posted January 22, 2012 Used guns are VAT free... except the profit made on the gun, vat is applicable. Quote Link to comment Share on other sites More sharing options...
Browning 425 clay hunter Posted January 22, 2012 Report Share Posted January 22, 2012 Wouldn't the op be better selling private as he should get more than on a trade in and buying the silve pig cash from the shop, that way there's more room for haggling the price down. Where I buy from they don't budge on trade-ins but do on cash deals Quote Link to comment Share on other sites More sharing options...
HDAV Posted January 22, 2012 Report Share Posted January 22, 2012 Regarding VAT I thought that used guns were VAT free. Any body really know? My local gun shop reckons that vat only applies to the profit on a S/H gun, ie what the shop has made on it rather than the whole amount it sells for :blink: Used guns are VAT free... I have heard that there is VAT on the profit (but when i sold cars it only applied to those where Vat had been reclaimed on new sale) http://www.hmrc.gov.uk/vat/start/schemes/margin.htm They suggest using the margin scheme but most RFD's wont as everything other than secondhand guns will have normal VAT rules I think. This enables you to account for VAT only on the difference between the price you paid for an item and the price at which you sell it - your margin. You won't pay any VAT if you don't make a profit on a deal. You can still use standard VAT accounting for other sales and purchases such as overheads. However on a brand new Silver pigeon 1 ticket price is £1200, £200 is Vat, so trading in 425 at £600 for a £1200 SP1 your paying £600 for £400 worth of extra gun unless you have a really good reason to change quickly i would sell the 425 privately for £800 cheapest 32" 425 on guntrader is fixed choke trap gun and £795! Quote Link to comment Share on other sites More sharing options...
Paddy Galore! Posted January 22, 2012 Report Share Posted January 22, 2012 Wouldn't the op be better selling private as he should get more than on a trade in and buying the silve pig cash from the shop, that way there's more room for haggling the price down. Where I buy from they don't budge on trade-ins but do on cash deals horses for courses mate, on a popular gun like a 425 they might dance to his tune, i got almost all my money back on a worn 686 when i traded in for a new brown one. but if he wants to maximise his profit and is prepared to wait a bit/organise the sale then selling private can make a bit more. Quote Link to comment Share on other sites More sharing options...
danimal Posted January 23, 2012 Report Share Posted January 23, 2012 (edited) as a RFD i can assure you that we pay VAT on the profit you make on second hand guns Edited January 23, 2012 by danimal Quote Link to comment Share on other sites More sharing options...
HDAV Posted January 23, 2012 Report Share Posted January 23, 2012 as a RFD i can assure you that we pay VAT on the profit you make on second hand guns Does that mean you issue a VAT invoice on used guns? Quote Link to comment Share on other sites More sharing options...
Paddy Galore! Posted January 23, 2012 Report Share Posted January 23, 2012 Does that mean you issue a VAT invoice on used guns? only if the buyer is vat registered and the gun is for legitimate business use, then the vat can be recovered, otherwise what's the point? Quote Link to comment Share on other sites More sharing options...
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