Remington XCR .300 WSMs - Value?

B

BearClan

CGN Regular
Rating - 100%
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Location
Iqaluit, Nunavut
Hi folks,

I've been trying to sell two Rem M700 XCRs (both 300 WSMs) since December - a "regular" one purchased in 2007 (less than 100 rds,including 50 rds for barrel break-in) and a "camo" RMEF edition purchased in Fall of 2008 (exactly 154 rds, including 50 rds for barrel break-in). The RMEF version had $250 extra work done on them - bolt lugs lapped, Rings Lapped, and trigger set to 2.5 lbs. Both guns are in excellent condition, were/are immaculately cared for, and both were only used for Load Testing (never used for hunting).

I am asking $900 for the "regular XCR (comes with Lee Dies+STD rings bases)(~76% of price of new gun), and 1150 for the XCR RMEF (comes with RCBS+Leupold STD rings~92% of prince of new gun without extra gunsmithing work). Are these prices Reasonable? Excessive? Too Generous? My lack of success in selling any one of these guns has me wondering about the reasonableness of my asking prices.

Any advice would be greatly appreciated? (BTW SHACK, thanks for introducing me to this great site - while its nice "communicating" with our US neighbors about guns/reloading, I look forward to communicating with fellow Canucks).
 
I've only done a Couple of sales on the EE, and from my experience I was asking too much for a shotgun I had and I never sold it, ended up trading it. Then I sold my glock, m44, And a .22 for about $50-$75 less than I would have wanted to, and all 3 items sold in a day.

It's all about price, if the price is right your items will sell, and fast.

It's not what they are worth to you, it's what they are worth to someone else.
 
BearClan said:
Hi folks,

I've been trying to sell two Rem M700 XCRs (both 300 WSMs) since December - a "regular" one purchased in 2007 (less than 100 rds,including 50 rds for barrel break-in) and a "camo" RMEF edition purchased in Fall of 2008 (exactly 154 rds, including 50 rds for barrel break-in). The RMEF version had $250 extra work done on them - bolt lugs lapped, Rings Lapped, and trigger set to 2.5 lbs. Both guns are in excellent condition, were/are immaculately cared for, and both were only used for Load Testing (never used for hunting).

I am asking $900 for the "regular XCR (comes with Lee Dies+STD rings bases)(~76% of price of new gun), and 1150 for the XCR RMEF (comes with RCBS+Leupold STD rings~92% of prince of new gun without extra gunsmithing work). Are these prices Reasonable? Excessive? Too Generous? My lack of success in selling any one of these guns has me wondering about the reasonableness of my asking prices.

Any advice would be greatly appreciated? (BTW SHACK, thanks for introducing me to this great site - while its nice "communicating" with our US neighbors about guns/reloading, I look forward to communicating with fellow Canucks).
Click to expand...

You're tryin to sell these 2 guns to the states...?

First off, everything in the states is approx. 10-20% cheaper than Canada. Secondly, Firearms in Canada are approx. 30-40% more expensive than in the states. You'll have to sell to Canada to recoup your costs.

I see that you are a new member here, so welcome! There is an equipment exchange section of the website as well where you can post an ad.
 
Hi Enigmatic1,

Sorry for the Confusion I caused. The answer is no - I am not trying to sell these guns to US Customers. I make reference to the U.S. only to highlight the fact that I was unaware that Canada had forums similar to the US ones I enjoy (i.e., 24hourcampfire and Nosler Forum).

I am trying to sell them locally here in Iqaluit, Nunavut (since December), and on the Firearms Canada website (since March).

I am now awaiting "approval" to join the equipment exhange. Hopefully, I will be posted there soon.

Thanks
 
Timing and market saturation also play a role in selling things. Going into hunting season would be a good time to sell guns like that, or around tax refund time can sometimes work. But the old addage of "what's it worth to the buyer?" does play a role. When you get your EE set up, remember to post pic's, this helps a lot! Good luck.
 
IMO you're too high. The extra work you had done really means nothing to the average buyer, so you won't get any more money for it. I think you'd do well to get $800 a piece for them, $700 is more likely.

As nice as the finish is on the XCR, most buyers would rather spend $699 on a new SPS SS than pay the premium for the smooth finish. I bought an XCR last spring, only because the SPS SS doesn't come in .338WM.
 
Will be posting and ad on this site tonight (must waita as my gun pics are saved on another computer).

Thanks for the sound - As I am in no particuluar hurry to sell these guns, I guess I will sit tight and keep prices the same and only consider lowering my prices (a) after the next hunting season and (b) if there I recieve no interest (i.e., clear indicators that buyers think my asking prices are unreasonable).

Thanks for the input guys (and gal(s)?) and take care.
 
Thanks Blargon,

While discouraging ($700-$800 = 33%-41% off the price of new XCR with out even considering the value of leupold rings+reloading dies), I guess I have to consider that this might be what buyers would consider reasonable. $700 for each gun was exactly what I was offered as a trade in value.

As I said in my last post, I plan on waiting until after the fall hunting season to make decision about whether or not to drop my prices (or perhaps the wisdom of selling these rifles). Hopefully I will find somebody looking specifically for an XCR or and XCR RMEF. One silver lining - perhaps having to drop my prices will be a good excuse to wring a little more fun by shooting these rifles a little more.
 
I would take a second look and consider one for $700 and would think $800 to be fair. Selling a used gun is tough. I have a rifle that I wouldn't take under 850 bucks for but would be lucky to get $700 on the used market. So it sits in my safe. if you are not in a hurry you can ask what you want there is always someone out there that will pay. I just watched a family members truck sell for a price we told him he was crazy to ask. Guy was happy to pay that and didn't even want a test drive. You know what they say theres a sucker born every day.
 
Given a willing seller and a willing buyer at the right price it will sell. If no one is looking for that particular item even going too low will not find a buyer. Of course, timing is everything when someone sells an article in "six minutes"; obviously two people were too willing.
 
What is more wise approach

(a) to offer freebies with my gun as I am currently doing (Leupold Rings/Bases + Dies),

or

(b) selling the Leupold Rings/Bases, scopes, and Dies seperatetly in order to build up a good "trader rating".

I agree with Jayph - selling a used gun is tough.
 
BearClan said:
What is more wise approach

(a) to offer freebies with my gun as I am currently doing (Leupold Rings/Bases + Dies),

or

(b) selling the Leupold Rings/Bases, scopes, and Dies seperatetly in order to build up a good "trader rating".

I agree with Jayph - selling a used gun is tough.
Click to expand...

Offer two prices. One with all the goodies, one for just the bare rifle. Let the buyers decide.

As a general comment, selling firearms is only tough when people expect to get most or all their money out of it. Not going to happen.

Like buying a new truck and selling it next year. Even if it sat in your garage all year and has no miles on it, you're still taking a hit on it.

Safe to assume that you will get 60-65% of a new one, but if a buyer can pick up a new one for $100 more, they will. Same goes for adding custom parts and gunsmithing. Not likely to get that value back...
 
BearClan said:
What is more wise approach

(a) to offer freebies with my gun as I am currently doing (Leupold Rings/Bases + Dies),

or

(b) selling the Leupold Rings/Bases, scopes, and Dies seperatetly in order to build up a good "trader rating".

I agree with Jayph - selling a used gun is tough.
Click to expand...

If you're trying to a sell a rifle that can be bought fairly easily at a store, then the only thing you can really offer as an incentive is a lower price. If you have a rifle that's not commonly available (i.e., so popular that dealers are always out-of-stock) or is discontinued then you have a much better chance of selling at a better price. As has already been said, you're unlikely to recoup any of your gunsmithing costs unless the work was done by a well-respectived/well-known 'smith --- otherwise, gunsmith work and customizations can actually be a liability as sellers may be leary of the quality of the work.

One thing to remember is regional variances in store prices. Just because something costs you $1000 at your local store doesn't mean it'll cost the same across the country. The EE is a national forum so you generally have to measure your prices against the lowest available.

Rings and dies in common calibers are easy to come by so can be tough to sell seperately at a good-for-you price. A mid-to-high quality scope can usually be sold for more seperately than included with the rifle.

It can be tough going selling on the EE as a new member if you're not willing to move down on your price. I'd recommend participitating in the forums for a while and perhaps buying a few odds-and-ends to build up your trader rating --- I'd certainly be cautious buying from someone I didn't know who had just signed up this month and had a 0 trader rating.

Good luck and welcome.
 
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