Canadian $ and used rifles.....WTF?

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My post was meant to evoke emotion and conversation about used gun prices here in Canada and in particular on our beloved EE . I have bought and sold lots here too. I do understand supply/demand, market price,rare and exotics and currency price fluctuations. I do believe that:

-the only MK 12 mod 0 in Canada is probably worth close to the $15,000 asking price and seriously considered it !
- A McMillan Tac 50 should go for around $15,000 and if I could shoot it at my range would have it in my safe.
- that a 4th pick male XXL Pitbull puppy from Champion bloodlines should be $4500

So yeah, I get all you guys say and agree to most. What I don't understand is how a $600 CZ which is not a particularly rare or special item can be considered to offer up at the ridiculous prices I have seen. How a SAN rifle (btw, I have 3) can be worth more than what one paid with 500 rnds down the pipe. This is what perplexes me about the used firearms market. I was intentionally sarcastic and did so to evoke emotion and debate and apologize to those I offended ( unless of course you were the guy wanting $1500 for the $600 CZ ) ��
 
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Just like in RE industry, let's call it bubble. Some people were lucky to buy before it happened. Rest are pulling their hairs. Another group is laughing all the way to the bank.
 
rajczak_kashka said:
My post was meant to evoke emotion and conversation about used gun prices here in Canada and in particular on our beloved EE . I have bought and sold lots here too. I do understand supply/demand, market price,rare and exotics and currency price fluctuations. I do believe that:

-the only MK 12 mod 0 in Canada is probably worth close to the $15,000 asking price and seriously considered it !
- A McMillan Tac 50 should go for around $15,000 and if I could shoot it at my range would have it in my safe.
- that a 4th pick male XXL Pitbull puppy from Champion bloodlines should be $4500

So yeah, I get all you guys say and agree to most. What I don't understand is how a $600 CZ which is not a particularly rare or special item can be considered to offer up at the ridiculous prices I have seen. How a SAN rifle (btw, I have 3) can be worth more than what one paid with 500 rnds down the pipe. This is what perplexes me about the used firearms market. I was intentionally sarcastic and did so to evoke emotion and debate and apologize to those I offended ( unless of course you were the guy wanting $1500 for the $600 CZ ) ��
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i don't see why this is hard to understand, People sell at prices they think someone is willing to pay. Whether it's stupid high or stupid low to you doesn't matter. if you aren't willing to drop that dough or you aren't the seller you aren't part of the equation. no one cares. I can throw an old fridge out on the lawn and put a $15,000 price tag on it right now and no one would whine and moan about it all day like you do. no one would buy it and most would laugh at me, but there's no rhyme or reason to the private market. you are literally wasting energy trying to think about this. FFS some guy a while back got 55,000 on kickstarter to make a potato salad.

Then you also gotta take into account how many people are "hurting for money" and need to sell off their collection or the wife is gonna be mad. they don't wanna sell. they're gonna throw up an add with a ridiculous price just to say "well I tried!"

TLDR: if it tickles their fancy there are some people who will pay ridiculous prices for very mundane things
 
Just look at the ammo prices if you really want to see greed. A few hoarders drove up prices and they are not coming down anytime soon. To think manufacturers were incapable of ramping up production to meet demand well think again. They like it just the way it is with the same production and higher profit. They are in it together, protected by US govt. import restrictions. It's Corporate greed at it's finest. It doesn't surprise me that a few gun owners would ask outrageous prices but but unlike the ammo suppliers it is not a monopoly. It only works if there is someone willing to pay.
 
Gouging seems to be the new way to deal. On the ee if the price is too high I don't get mad, I just don't buy. It's become a money making tool for some people. Prices used to seem to reflect actual value of a used item. Times change. There are still decent deals to be had and they get snapped up quickly.

What really bugs me are guys like cabelas. They will sell you 10 boxes of 100 primers but won't sell you 1 box of 1000 at the reduced rate. That is really gouging!
 
Kraco said:
Not really. Devaluation in this case is based on the original price, in the books. Also, my last year's loony, today is still worth $1. However, the market may and probably will up the selling price of your 1 year old Honda.
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yes really, because I can sell that civic on the US market now easily and get an extra 20-25% because of our weak dollar.

There is a huge amount of cars being exported to the US right now, at least on the west coast.
 
Evil_Edie said:
i don't see why this is hard to understand, People sell at prices they think someone is willing to pay. Whether it's stupid high or stupid low to you doesn't matter. if you aren't willing to drop that dough or you aren't the seller you aren't part of the equation. no one cares. I can throw an old fridge out on the lawn and put a $15,000 price tag on it right now and no one would whine and moan about it all day like you do. no one would buy it and most would laugh at me, but there's no rhyme or reason to the private market. you are literally wasting energy trying to think about this. FFS some guy a while back got 55,000 on kickstarter to make a potato salad.

Then you also gotta take into account how many people are "hurting for money" and need to sell off their collection or the wife is gonna be mad. they don't wanna sell. they're gonna throw up an add with a ridiculous price just to say "well I tried!"

TLDR: if it tickles their fancy there are some people who will pay ridiculous prices for very mundane things
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Thank you for the common sense injection. It's unbeliveble how many brains are rotten with this communist fetish here.
"Don't give me this supply/demand BS"....fu#%€ no wonder that the freaking socialists are taking over this country piece by piece, if we have the artists like that on the conservative forum of the gun owners. Free market is completely abstract idea for bunch of people here.
 
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Life's short to worry about this. If I can't justify the price based on my knowledge and the 'want factor', I just simply pass on by. It all comes down to are you the "buyer" or the "seller"? Just my opinion.
 
Too many think the values they see on U.S. auction sites apply here. Equal number think the Blue Book of Gun Values applies here too.
That new model civic is now $30,000 because Honda expects to get paid in U.S. dollars. And you'll never sell a year old car for what you paid for it.
 
Prices change, a basic Norinco 1911 can be found on the EE for $200 shipped mostly because of SAM's entering the market.
The better finished SAM's has pushed down the demand for Norinco's and even if you paid more for a Norinco years ago they are worth less today.
Vz's were cheap when they were restricted only, price went up a bit with the non restricted imports and today there is a limited supply.
 
rajczak_kashka said:
Okay...so... WTF does a "tanked" cdn $ have to do with selling used guns into the CDN market place? I am seeing guys trying to unload CZ's used for well over double what they paid new! SAN's for more than retail and some alluding to to a low dollar for reasoning. If I paid $600 for my CZ new(which they were) WTF makes it worth ( in their eyes) $1200-$1500 now....lol. Guys....please... explain this nonsense. And don't give me the BS of "what the market will bear" or "supply and demand" either....
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You read my mind. What a bunch of BS and bold attempts at gouging.

TW25B
 
mikethebike said:
ok i buy a car, say honda civic, i pay 24000$ for it
one year passes it is now worth say 19200$ seems fair? thats 20% off sounds fair to me.

ok but now the dollar tanks, that new model civic is now 30000$, holy sh!t!
my car, who is still 1 year old is now worth 24000$, why is that? well 20% of 30000 is 24000$ so still same amount of fair.

The fact that i am selling a one year old car the same amount that i paid for it 1 year ago is absolutely no concern in this calculation.

now say the dollar really tanked really bad, yah, new model civic is now worth 40000$
1 year old civic is worth 32000$, yep
you just made 8000$, yep

the reason why your goods are now worth more IS BECAUSE the dollar tanked! Thats why inflation is super dangerous when the dollar drops, because people buy STUFF in exchange for their saved dollars, because the dollar is worth less, and the more they do this the more the dollar is worth less, and you cascade into a spiral.
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I disagree. Your math adds up, but you're neglecting the fact that your one year old car, is USED and a year old. We all know you didn't pay $40k for it so don't try to ask $24k for it as it is not a depreciated model that was purchased at $40k. What also gets me is people asking retail for their stuff, and by retail I mean current prices for a used item. Your used gear is not worth new price, it is worth far less.

TW25B
 
The value of a used item has no direct coronation to what you paid for it. I know that may seem counterintuitive but it is how it is. The value of a used item is, however, directly related to the cost of buying an equivalent item brand new. People buy used to save money over buying BNIB.

Your argument that the used price is correlated to the original purchase price only works in one direction. The flip side of your argument would be that people that paid over a grand for a Glock 17 way back when we had a 50 cent dollar should be able to sell their used gun for more than it costs to buy a new one at current market prices.
 
krausb said:
The value of a used item has no direct coronation to what you paid for it. I know that may seem counterintuitive but it is how it is. The value of a used item is, however, directly related to the cost of buying an equivalent item brand new. People buy used to save money over buying BNIB.

Your argument that the used price is correlated to the original purchase price only works in one direction. The flip side of your argument would be that people that paid over a grand for a Glock 17 way back when we had a 50 cent dollar should be able to sell their used gun for more than it costs to buy a new one at current market prices.
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thats exactly my point, current value of any goods must be evaluated on current market value in current market $ and current prices, not past value, past dollar, past whatever.
if we want to talk about future calue, thats something else considering inflation and interest.
past value is for historians and for the good old days folks.
 
mikethebike said:
thats exactly my point, current value of any goods must be evaluated on current market value in current market $ and current prices, not past value, past dollar, past whatever.
if we want to talk about future calue, thats something else considering inflation and interest.
past value is for historians and for the good old days folks.
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Exactly!! Not sure why some folks struggle with that... ;)
 
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