Gouging gun prices

[hornadylnl]

For or against is fine.. All of you that think it is ok for people to act this way just wait until these people have something that you want.

/subscribe

Am I entitled to your property?

 

[cbhausen]

For or against is fine.. All of you that think it is ok for people to act this way just wait until these people have something that you want.

/subscribe

Lots of people have stuff I want. That doesn't obligate me to buy it if the price is too high. Since I don't steal, I guess I'll have to wait until I have the money and/or the price goes down. Simple.

And thanks for using the word "want". If the word was "need" the term "gouging" could apply (like in the case of jacked-up plywood prices as a hurricane approaches).

 

[hornadylnl]

Dealer costs of guns have not risen (for the most part to my knowledge) yet dealers are doubling or tripling their profit. If their prices reflected costs rising, I understand.

If the oil companies just decided to jack up oil cost because of the shortages we always hear about and cause gas to be $20 a gallon you would be ok with that? Free market and capitalism right?

Do you own any family heirlooms that don't have much market value but are priceless to you? If so, you owe them to me at market value. If you sell them to me at higher than market value, you're a gouger. If you won't sell them at all, you're a hoarder.

 

[Manatee]

Most gun shops sell their goods for a fairly small markup. Generally, well below MSRP. Why? Buyers are presented with a lot of information today: Gunbroker, blogs like this one, Bud's gun pricing, online retail pricing from shops like Indiana Gun Club.

When confronted with this information by a customer, a gun shop might meet or slightly better their price to sell their inventory to you.

You did very well! Congratulations.

But, today, the "shoe" is temporarily on the other foot. There is no available inventory. You can't get it from Bud's. And the gunbroker.com guys have jacked their prices up because they also believe in the "efficient market theory".

You aren't in the drivers seat today.

So, you can withold your dollars from the market until prices come down.

Or you can whine.

It appears that whining is winning out.

 

[hornadylnl]

Lots of people have stuff I want. That doesn't obligate me to buy it if the price is too high. Since I don't steal, I guess I'll have to wait until I have the money and/or the price goes down. Simple.

You mean we're not entitled to others' property at prices we want to pay?

 

[hornadylnl]

Most gun shops sell their goods for a fairly small markup. Generally, well below MSRP. Why? Buyers are presented with a lot of information today: Gunbroker, blogs like this one, Bud's gun pricing, online retail pricing from shops like Indiana Gun Club.

When confronted with this information by a customer, a gun shop might meet or slightly better their price to sell their inventory to you.

You did very well! Congratulations.

But, today, the "shoe" is temporarily on the other foot. There is no available inventory. You can't get it from Bud's. And the gunbroker.com guys have jacked their prices up because they also believe in the "efficient market theory".

You aren't in the drivers seat today.

So, you can withold your dollars from the market until prices come down.

Or you can whine.

It appears that whining is winning out.

Yep. But you don't hear them complaining when they're the seller making a good profit.

 

[cbhausen]

And for the record I was offered $1,000 cash on the spot at the 2A rally for my OD green/hard chrome Sub 2000 and I decided to keep it. The person making the offer was eager to buy it and he named the price. Would I be guilty of gouging had I accepted?

 

[DustyDawg48]

Who here is being forced to pay these high prices? I've not had a gun pointed to my head forcing me to buy a damn thing when I've looked at the INGO classifieds, Armslist, Gunbroker, gun shops, etc.

It's funny how I can go over to the General Political Discussion forum and read all the posts from those railing against socialism, welfare, entitlements, etc but as soon as the gun industry is affected, all the sudden capatilism isn't so grand.

I could make a fortune off of some of the stuff I have right now but I'll likely never list any guns or ammo on the INGO classifieds again. I'll burn it in a fire before I sell 22 ammo a buck a round to Marxists who think they're entitled to my property on their terms.

Who is John Galt?

+1,000,000

 

[hornadylnl]

And for the record I was offered $1,000 cash on the spot at the 2A rally for my OD green/hard chrome Sub 2000 and I decided to keep it. The person making the offer was eager to buy it and he named the price. Would I be guilty of gouging had I accepted?

Of course you would have been gouging. You're your brothers keeper. Therefore, you have a social responsibility to see that he doesn't overpay for something. That $1000 could have been his rent and grocery money. If you had taken it, his 6 kids would be starving right now. He's not smart enough to properly spend his money so it's your duty to watch out for him.

 

[thumperdogg]

Do you own any family heirlooms that don't have much market value but are priceless to you? If so, you owe them to me at market value. If you sell them to me at higher than market value, you're a gouger. If you won't sell them at all, you're a hoarder.

If I own something that is priceless to me and I don't want to sell it I won't, there is no fair market value for it because it is mine and it is priceless. If you were willing to pay more than market value for it, I would have to question why you are overpaying for it? Are you trying to avoid a background check?

Hoarding means stockpiling excessively for no reason. If you feel the need to keep 100,000rds for every caliber you own, feel free, those are for your needs. If you need 100,000rds for a caliber you don't own or intend to own, that is hoarding.

A respectable business tries to offer the best prices possible and keep return customers. A gouging business is all about making a quick buck, and will fail when the bottom falls out.

Ask whatever you want for your guns, but if you want $150 for a 33rd Glock mag you are a gouger and the intelligent few will not purchase it and lose all respect for you. Granted respect has lost its value in these times, hence all the idiotic crimes, so that may not mean anything to you, but it does to me.

 

[yotewacker]

Gouging is selling something that is used for more than what the MSRP on a new item is. People get scared and fall prey to the ones taking advantage of the scare, when they should just wait it out and in a few months you can have a new item for normal MSRP or less.

I feel the land scenario is not a good analogy, There is only one plot of land in said spot. So youre selling or buying something that is one of a kind. So the value can only be determined by what the seller is selling it for and if someone will pay that.

Guns are mass produced and can be had from the dealers for set MSRP like prices. You wait it out and you can usally find whatever you want at or below MSRP and something used, unless it's unique in some way, will decrease in value because it is used. And new versions are typically readily available. people didnt "invest" in 9mm Glocks they bought some and saw people selling at crazy prices and just jumped on the bandwagon. Most of them knew that they could sell high now and wait and get a new Gen4 in a few months for less than they charged for their Gen3 with 1,000+ rounds through the pipe oh and don't forget they only sold it with 1 magazine as well so there's $50/mag extra they can profit too. Or the others that did invest, found someplace that was selling at normal prices and bought everythign that they could then went to gunbroker and listed it for $200-300 more than what they just paid.

You can preach supply and demand and free market and capitalism .. But everyone knows that people can take advantage of situations. Thats why we have anti-monoploy laws and even back immediately following Sept 11th when all of the oil companies decided to cash in on the tragedy and charge insane prices for gas, just because they could. Thankfully they got their hands slapped and they were fined for gouging. If not we'd all probably be paying $8-10/gal now.

Sounds like me you are just jealous because you did not buy when prices are low..

Gasoline is a completely different topic. Which I will explain to you.

The gas people such as Exon would be the 6th largest country in the world if they were a country and not a business. They make loads of money, even at low margins to help us.

When they have some sort of refinery issue, such as maintenance, storm etc. They loose production. They are required to keep so much on hand for emergencies.

So to keep the supply demand down while these things occur, Exon simply raises the price to keep you from running to the store every day to buy milk. When in fact you could buy a couple,three gallons at once and save gas. Much gas is wasted by simply lack on common sense. They just want you for a few weeks at a time to slow your use up.

Gas is ran by private business, who else could run it?

Our own government can't run itself, how do you think they can make our gasoline system better>?

Free market works. Some call it greed. Some call it good business.

 

[thumperdogg]

I think we got a little confused in the complaint at hand. We should be attacking the idiots wasting their excess money on this stuff, more than willing to overpay, and driving the prices up.

Thanks to all the idiots!

 

[printcraft]

https://www.indianagunowners.com/forums/parts_and_accessories/274265-glock_17_mag.html#post3894497





Ever sell that $1.00 a round .223 there OP?

Irony - Wikipedia, the free encyclopedia

 

[hornadylnl]

If I own something that is priceless to me and I don't want to sell it I won't, there is no fair market value for it because it is mine and it is priceless. If you were willing to pay more than market value for it, I would have to question why you are overpaying for it? Are you trying to avoid a background check?

Hoarding means stockpiling excessively for no reason. If you feel the need to keep 100,000rds for every caliber you own, feel free, those are for your needs. If you need 100,000rds for a caliber you don't own or intend to own, that is hoarding.

A respectable business tries to offer the best prices possible and keep return customers. A gouging business is all about making a quick buck, and will fail when the bottom falls out.

Ask whatever you want for your guns, but if you want $150 for a 33rd Glock mag you are a gouger and the intelligent few will not purchase it and lose all respect for you. Granted respect has lost its value in these times, hence all the idiotic crimes, so that may not mean anything to you, but it does to me.

I haven't sold a damn thing during this latest madness and I've bought very little. I've bot 2 20 round boxes of Tula 223 ammo and 3000 40 cal bullets since December and much less than that in the last year.

I understand how capitalism works. Buy low and sell high. I don't buy things I don't NEED when prices are high and I buy what I want when it's low. In a few months, I plan to buy all kinds of stuff. And rest assured, the Marxists crying right now will be the same Marxists crying when the next panic comes along.

 

[hornadylnl]

I think we got a little confused in the complaint at hand. We should be attacking the idiots wasting their excess money on this stuff, more than willing to overpay, and driving the prices up.

Thanks to all the idiots!

What business is it of yours what I spend my money that I earned on what or how much I paid for it?

 

[42769vette]

Dealer costs of guns have not risen (for the most part to my knowledge) yet dealers are doubling or tripling their profit. If their prices reflected costs rising, I understand.

If the oil companies just decided to jack up oil cost because of the shortages we always hear about and cause gas to be $20 a gallon you would be ok with that? Free market and capitalism right?

I am not getting into this thread, but yes dealer prices have risen. This is fact. Not only have prices risen, but this year they are going to be expected to pay the same bills (rent, electric, gas, labor, interest, etc) with 1/2 the inventory.

Another thing to look at is take PSA for instance. Im not a PSA fan what so ever, but everyone got mad when they raised the price of their complete upper 100 bucks and made it 525ish. Yet you go on gunbroker (or ingo) and see the same thing going for 900. Why would PSA sit back and let joe blow make more on their work than they did?

 

[Manatee]

Ask whatever you want for your guns, but if you want $150 for a 33rd Glock mag you are a gouger and the intelligent few will not purchase it and lose all respect for you.

I've lived my entire life without a 33 round mag. I think I'll sue my parents for emotional cruelty. I should have been raised to NEED a 33 round mag.

On the other hand, I probably should thank my parents because they required me to practice my shooting skills and learn how to reload those under-capacity 17 rounders....

sniff

 

[223 Gunner]

The "panic" is fizziling fast. I think by April or May the gun market will be stablized.

 

[roisigns]

Ever sell that $1.00 a round .223 there OP?

Yes..but spent the money on 'overpriced' 308.

 

[printcraft]