Asking more than MSRP ?

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  • rhinoabe

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    Nov 29, 2008
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    Jennings Co.
    I use Gun Genie to give me the general idea of the retail price of a new gun. While looking today i noticed that some dealers are asking more than MSRP. This i do not understand. Why ask for more when there is plenty in stock?
     

    Bill of Rights

    Cogito, ergo porto.
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    Apr 26, 2008
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    Where's the bacon?
    I use Gun Genie to give me the general idea of the retail price of a new gun. While looking today i noticed that some dealers are asking more than MSRP. This i do not understand. Why ask for more when there is plenty in stock?

    Free enterprise system. A business owner has the right to make stupid decisions. OTOH, it might be that that gives them bargaining room without losing any real profit. :dunno: Which, yes, is "greed".
     

    MrFive

    Plinker
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    Jan 29, 2010
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    Hamilton County
    Depends. Im sure they can ask more for hard to find firearms, but then you have certain dealers on the West side who shall remain nameless that rely on the name recognition to get suckers in the door.
     

    Que

    Meekness ≠ Weakness
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    Feb 20, 2009
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    Blacksburg
    I don't understand how this is considered greed when it's a suggested retail price from the manufacturer? What if the retail operator doesn't want to accept the manufacturer's suggestion? Did anyone provide a suggested price to the manufacturer to sell to the dealer? It just doesn't seem right to me.

    If the MSRP on a Gen 3 G23 is $475 and store A sells it for $499, is that bad? What about if store B sells it for $510? As a consumer, it's my choice which store I purchase from. It's also my responsibility to bargain with them and if they refuse to reason, then I can walk.

    I am not a business owner and I don't understand everything about business, but how this is greed is beyond me, but I'm willing to learn.
     

    malern28us

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    Dec 26, 2009
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    Huntington, Indiana
    I don't understand how this is considered greed when it's a suggested retail price from the manufacturer? What if the retail operator doesn't want to accept the manufacturer's suggestion? Did anyone provide a suggested price to the manufacturer to sell to the dealer? It just doesn't seem right to me.

    If the MSRP on a Gen 3 G23 is $475 and store A sells it for $499, is that bad? What about if store B sells it for $510? As a consumer, it's my choice which store I purchase from. It's also my responsibility to bargain with them and if they refuse to reason, then I can walk.

    I am not a business owner and I don't understand everything about business, but how this is greed is beyond me, but I'm willing to learn.

    Sorry to say this but I see both sides. There is no real right answer. You either want to have prices dictated to you (socialism or communism) or free market system (capitalism.) No one says you have to pay the price asked. Best way to get it for your price is not to buy it and let it sit there. The seller will get the hint when it doesnt sell.
     

    Que

    Meekness ≠ Weakness
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    Blacksburg
    Sorry to say this but I see both sides. There is no real right answer. You either want to have prices dictated to you (socialism or communism) or free market system (capitalism.) No one says you have to pay the price asked. Best way to get it for your price is not to buy it and let it sit there. The seller will get the hint when it doesnt sell.

    I see both sides, too. I don't go to many stores, but I only know of one that I would label as a greedy retailer. As for the rest, I would say they have a price point that is acceptable and if they must bargain, they leave room to do so. If the buyer doesn't inquire as to the best deal they can offer, that's gravy for the store.
     

    Que

    Meekness ≠ Weakness
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    Feb 20, 2009
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    I use Gun Genie to give me the general idea of the retail price of a new gun. While looking today i noticed that some dealers are asking more than MSRP. This i do not understand. Why ask for more when there is plenty in stock?

    Can you provide an example of the MSRP and the price you have seen in retail stores?
     

    malern28us

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    Dec 26, 2009
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    Huntington, Indiana
    I see both sides, too. I don't go to many stores, but I only know of one that I would label as a greedy retailer. As for the rest, I would say they have a price point that is acceptable and if they must bargain, they leave room to do so. If the buyer doesn't inquire as to the best deal they can offer, that's gravy for the store.

    In case it didnt come across the way I intended. I agree with your first post.
     

    irishfan

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    11   0   0
    Mar 30, 2009
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    in your head
    I use Gun Genie to give me the general idea of the retail price of a new gun. While looking today i noticed that some dealers are asking more than MSRP. This i do not understand. Why ask for more when there is plenty in stock?

    There are a few dealers around who like to make maximum profit which is acceptable unless people take their dollars elsewhere. It is absolutely fine to price something like a firearm as high as you choose but free enterprise will usually regulate the prices to a reasonable amount.
     

    WebSnyper

    Time to make the chimichangas
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    Jul 3, 2010
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    127.0.0.1
    Its simple supply and demand. The old saying goes, "How much will you take for that?" Answer: As much as you will give me. "How much will you give me?" Answer: As little as you will take.

    Its up to the consumer to be educated. The places with lower prices will gain from a smaller margin on volume. The places with higher prices will make more margin on each sale, but do less volume. Its capitalism. I try to be educated on most purchases, but there are plenty of people who won't research and will walk in and buy.

    Its like asking why the same candy bar cost $1.50 in a gas station store, but is $0.50 some where else.
     

    redneckmedic

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    Jan 20, 2009
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    Greenfield

    Because there are suckers who will pay it.

    I teach CPR, I can generally charge about $55 a head depending on the level of certification. Once a year there is a convention in town for OBGYNs.... they recertify as a convienence to themselves during this convention and pay $275 a person. Why? They aren't learning a higher level of standardized CPR. In fact you only have to recertify in CPR every two years. So they are paying $550 for a $50 card!!! They pay it because some charges it. Man I wish I could get inside that gig.... Puns intended :D
     
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