New Handgun Rip-Offs

Elwood Epps: COLT SAA Nickeled $2372 CDN
US Price: $1424 US

Our cost on this gun from our distributor is $2,156.00.

Ellwood Epps - SPRINGFIELD XD-45ACP TACTICAL $903 CDN
US Price: $540 US

Our cost on this gun from our distributor is $820.91.

Please explain to us how a markup of less than 12% on a Colt Single Action Army, and of less than 10% on a Springfield XD is beyond reasonable.

I invite anyone to visit Wal-Mart, or Canadian Tire, or any other retail outlet and find markups on any product of this type of retail value that are lower than what we charge at Epps.

Don't like the Canadian prices? Here is what you do.

Buy a store, pay all you employ, keep the lights on, pay the taxes for the business, for the guns, buy business licence, pay for the firearms licence, pay someone to do all the paperwork required to buy and sell firearms, pay all the shipping and the import fees.
Go ahead, I dare you!

You forgot to mention the $1,000.000 of insurance paid annually to keep the store open, but I think you've hit it pretty much on the head from there. Thanks for the support!
 
Our cost on this gun from our distributor is $2,156.00.



Our cost on this gun from our distributor is $820.91.

Please explain to us how a markup of less than 12% on a Colt Single Action Army, and of less than 10% on a Springfield XD is beyond reasonable.

I invite anyone to visit Wal-Mart, or Canadian Tire, or any other retail outlet and find markups on any product of this type of retail value that are lower than what we charge at Epps.



You forgot to mention the $1,000.000 of insurance paid annually to keep the store open, but I think you've hit it pretty much on the head from there. Thanks for the support!

So it's the distributor that is the reason for the high prices,,,,I see

and you pay "$1,000.000 of insurance paid annually to keep the store open"

how much do you guys make a year if you pay $1,000,000.00 for insurance alone, I didn't realize gun stores made millions per year, maybe I need to look at getting into this business


sorry is that 1 million per year, or 1 thousand per year, your decimal point is confusing
 
This is like crying about the price of cars in the US compared to here or any consumer products for that mater. Go live in the states and be done with it.
 
So it's the distributor that is the reason for the high prices,,,,I see

and you pay "$1,000.000 of insurance paid annually to keep the store open"

how much do you guys make a year if you pay $1,000,000.00 for insurance alone, I didn't realize gun stores made millions per year, maybe I need to look at getting into this business

"millions per year"

You do know the difference between gross income and net profit right?

If you had bothered to think about what you are reading before you spouted off, you would realize that making $150 on a gun is not a lucrative business...

If you sell 1000 of $1000 guns with $100 profit, you have a 1 million dollar per year business in gross sales with $100,000 in gross profit.

Now out of the $100,000 gross profit, you have to pay staff, overhead, etc... That leaves you net profit which is minimal. If you do more sales, you need more staff and pay more overhead.

Gun stores are not a short cut to getting rich in Canada.
 
I don't blame the dealers. Like I said my cell phone rates are the same way. I am a cell phone dealer and everyday someone asks me about american rates, and why ours are so crappy. The anwer is population density, and just the population differences. The purpose of my post was to inform the OP that there is other options. Now depending on what I'm buying, it is sometimes worth the customer service and warranty to buy locall. At the same time as soon as my contract is up with Rogers I am going to get myself one of Verizons unlimited North America Plans. Unlimited North American calling for about 20 bucks more than my current cell phone plan.
 
http://www.ableammo.com/catalog/product_info.php?products_id=91406
http://www.ellwoodepps.com/new_firearms_colt.asp
So your cost from your distributor for the Colt is 43% more than the retail price in the US at Able Ammo? That doesn't make sense.
Our cost on this gun from our distributor is $2,156.00.



Our cost on this gun from our distributor is $820.91.

Please explain to us how a markup of less than 12% on a Colt Single Action Army, and of less than 10% on a Springfield XD is beyond reasonable.

I invite anyone to visit Wal-Mart, or Canadian Tire, or any other retail outlet and find markups on any product of this type of retail value that are lower than what we charge at Epps.



You forgot to mention the $1,000.000 of insurance paid annually to keep the store open, but I think you've hit it pretty much on the head from there. Thanks for the support!
 
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"millions per year"

You do know the difference between gross income and net profit right?

If you had bothered to think about what you are reading before you spouted off, you would realize that making $150 on a gun is not a lucrative business...

If you sell 1000 of $1000 guns with $100 profit, you have a 1 million dollar per year business in gross sales with $100,000 in gross profit.

Now out of the $100,000 gross profit, you have to pay staff, overhead, etc... That leaves you net profit which is minimal. If you do more sales, you need more staff and pay more overhead.

Gun stores are not a short cut to getting rich in Canada.

He said he pays 1000000 dollars a year in insurance. There is no possible way he PAYS that. You read the post. And these expenses are paid out of profit so gross doesnt matter.
 
My thought on the $100 per gun thing - wouldn't all gun dealers in Canada simply do that then instead of buying from Canadian distribution? Since it is clearly so much easier and cheaper?

Somehow I doubt it is that cheap or simple.

Let us know though, and educate us.
 
I dont think any of you work for free... its normal for a retailer to expect some sort of financial gain from his business... I think we have socialists amongts us!!!
 
you guys call and confirm for yourselves, I have been there done that, and I don't need to confirm the price, I have already paid it twice, as has my brother, and I will probably pay it again in the new year.....

You want to know, call, they are open until 9 p.m.


I am going to go and fondle my AR15, that was purchased at Ellwood Epps

have a good evening....
 
Glock 23 = $474.99USD, in Canada with aftermarket barrel, $999.00 CAD before GST. I would think that the vendor's up here would receive some type of credit for the original Glock barrel that would go towards the aftermarket product.
 
Colt Prices

I assume Arms East has the same Colt Distributor as Ellwood. Ellwood says they paid 43% above US retail to their distributor for their COLT Revolvers.

I just bought a HC Colt Special Combat Government .45 from Arms East, a sponsor here.

It retails at Impact Guns (link below) for $1635.99US
I paid $1935CDN at Arms East, a difference of only $300 over retail in the US.

If Arms East claimed the same distributor markup, they would break even at $2338.

You figure it out.
http://armseast.com/store/index.php?main_page=product_info&cPath=21_28&products_id=132

http://www.impactguns.com/store/098289011688.html
 
Glock 23 = $474.99USD, in Canada with aftermarket barrel, $999.00 CAD before GST. I would think that the vendor's up here would receive some type of credit for the original Glock barrel that would go towards the aftermarket product.


You ever tried to sell a factory barrel in the US.. Would probably cost more to ship it then the thing is worth....
 
Its one thing to complain about higher gun prices in Canada, but I see people taking their business south of the border to maybe save a few bucks instead of supporting our gun dealers here -
Wouldn't supporting our Canadian gun dealers be conducive to creating a Canada with less stringent gun laws ??
How about buying local, keep our money in Canada, help to build our gun shops/dealers....they in turn will help our cause.

Of course we can whine about the higher prices here, spend our money elsewhere, and in a few years we have 1/2 as many gun dealers, how high are the prices gonna be then ?

I don't think we as gun enthusiasts should let cost/money be the total end all be all factor that drives our decision to purchase.
Hell, its only money.

Also it is my experience that it costs a helluva lot more to operate a business in Canada than in the U.S. Gun prices aside, our overhead and cost of doing business are way higher.....thats a generalized statement I know.
 
The large price differential is not usually at the retail level but at the distributor level. This is true in other markets as well (computer hardware, photographic equipment, variosu electronics).

I can't speak to the channel route for firearms as I haven't looked into it but for many things (such as electronics) the price differential comes from multiple distributors. For example a product made in Japan is shipped to their main North American distributor in the US who adds a profit and sells it to the Canadian distributor who adds a profit and sells it to the retailer who adds a profit. By the time it reaches the end user it is considerabley more expensive due to an extra layer of distribution.

That said there are some seemingly outrageous price differences in some firearmm makes and models, and if it isn't the retailers making the money, some distributor somewhere is price gouging. Even more frustrating is te apparent lack of availabiility of some models when they can be had in a large number of outlets in the US with little searching.
 
Its one thing to complain about higher gun prices in Canada, but I see people taking their business south of the border to maybe save a few bucks instead of supporting our gun dealers here -
Wouldn't supporting our Canadian gun dealers be conducive to creating a Canada with less stringent gun laws ??
How about buying local, keep our money in Canada, help to build our gun shops/dealers....they in turn will help our cause.

Of course we can whine about the higher prices here, spend our money elsewhere, and in a few years we have 1/2 as many gun dealers, how high are the prices gonna be then ?

I don't think we as gun enthusiasts should let cost/money be the total end all be all factor that drives our decision to purchase.
Hell, its only money.

Also it is my experience that it costs a helluva lot more to operate a business in Canada than in the U.S. Gun prices aside, our overhead and cost of doing business are way higher.....thats a generalized statement I know.

I am a student, that due to circumstance must live on my own and not on res or a student house. You talk from a single perspective. I can't afford to pay 200 - 400 dollars more on a gun thank you. And I made 27,000 last year. I can't imagine how students working minimum wage jobs survive. Anyway, I can only have so many Norinco's. I love em but when I can buy used handguns in the states like Glocks, and Springfields for the same price, I will take advantage.
 
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