over priced guns

[soontjen]

just wondering why private seller's gun' sare priced higher than trader's ?

i've seen 5 this week dearer than you can buy then from a trader

[Paddy Galore!]

off on a tangent, just found out how much a remmi 870 wingmaster is......£890! and that's not even walnut ***!

[Gordon R]

Depends on condition. Are we comparing like with like?

[Joe99]

I find people always tend to price things (not just guns, but cars, kit whatever) according to what they paid for it originally and not according to it's value to a prospective buyer. Traders are more in touch with what will sell in the current market.

[Muggins.]

I think people price things higher with the attitude of "You can bring the price down but you can`t raise it"

If you think it`s too much then make an offer, worst that can happen is you get told no ... or words to that effect.

[shaun4860]

There is one in the sales department at the minute,

 

It didnt cost what he is asking now when it was new

 

and no, im not telling, you can make your own minds up

 

[-oXo-]

off on a tangent, just found out how much a remmi 870 wingmaster is......£890! and that's not even walnut ***!

At that price how many would you like to buy? Ill sell you a few. Edited November 23, 2012 by -oXo-

[robbiep]

There is actually a name for this, it's called the Endowment Effect. Because you own it, you value it much more highly than if you didn't.

[Cannon]

There is actually a name for this, it's called the Endowment Effect. Because you own it, you value it much more highly than if you didn't.

 

I'll have to use that one next time I'm buying a gun.

[robbiep]

It's true, I first heard the term about 25 years ago in the motor trade.

The prices that people put cars up for sale for, they would never be willing to pay that money for the same thing, and yet they seem to expect that buyers are going to snap their hands off.

And 3 months later, when they are fed up with all the timewasters, con artists or 'sales agents' who have been in touch, they used to come back into the dealership and expect us to give the same p/x price we offered them originally !

[Cannon]

There's more leverage with private sales though. If you tell a private seller that what they're selling isn't worth what they're asking, and they find out that you're correct, they will often reduce the price to a more reasonable amount. Now try the same thing with a dealer or retailer. There seems to be some kind of opposite endowment effect when walking into a shop to buy things. Whether an RFD or car sales place, they seem to think they have a divine right to your hard earned. Not to be taken thick, just an observation

[Amazed]

Not knowing much of the trade in guns.

I tend to look about see what's the going rate and pice mine according to that depending on its condition and avalubilty.

If I am stuck I will ask one of the dealers on here, bosher or flazz who will usually point you in the right direction.

There will always be people that think anything they have is worth it's Weight in gold, these usually get avoided.

 

 

[gemini52]

What people seem to forget when you buy a brand new gun from a dealer,twenty percent of that will be vat,so if six months later you dicide its not for you and put it up for sale,you lose that amount,i bought a new maxus about eighteen months ago,paid 1,050 for it,so even if the guns mint you can only be looking at a asking price of around 750.00 if your lucky,then people will try and chip you down,

[Dekers]

ANYTHING, is only worth what someone is prepared to pay for it, if someone considers it overpriced then the odds are it will not sell, but who knows.

 

The market will ultimately decide it's value.

[Vince Green]

ANYTHING, is only worth what someone is prepared to pay for it, if someone considers it overpriced then the odds are it will not sell, but who knows.

 

The market will ultimately decide it's value.

 

Thats about it, a gun/car is worth exactly what somebody else is prepared to pay. My mate Gordon is into boats. He buys and sells but not as a business just a dabbler. He said the other week that you can't give boats away at the moment. There are so many on the market that people are trying to get rid of, some desperately, and few people are looking to buy.

 

So price and worth are very nebulous terms really

[Paddy Galore!]

At that price how many would you like to buy? Ill sell you a few.

i can only afford half of one at the mo

[officerdibble777]

I as in Walmart last weekend and saw a new 12 g shotgun for just over $100 ,Mossbergsyou can pick up for around $300 - $350

[scifiden]

double all asking prices if its left handed :angry:

[kingnewport]

yer like a beretta a302 for £500 in the sales.

A tad steep me thinks

[robbiep]

Leftie guns aren't always expensive. I picked up an absolutely lovely Bettinsoli Overland EL leftie a few months ago. Hardly ever used, £550.

Rifles/air rifles are the same. Quite often, you'll find traders are more realistic than private sellers, especially if they've had the thing sitting there for a few months

[e2000e2000e]

A lot of the time private sellers only sell a gun to try and fund an upgrade, so the will only sell if they can get so much for it, if not they will keep it! where as a dealer will sell for a profit and just try to keep his margin as high as possible!