PMAG prices on the EE
- Thread starter hdave
- Start date
andrew3081
CGN Ultra frequent flyer
- Location
- Vancouver, BC
Common sense state that an used item will always be cheaper than a new one (unless it is a rare or discontinued item).
So how is the buyer ripping off the seller?
- Location
- East of Home, West of the Rest
I'm saying it goes both ways. If a seller sells something for less than market value, then the buyer is said to have got a good deal.
If the seller sells something for more than what he paid for it, then the seller is getting ripped off? Because the seller got forced to pay more? Because there aren't any to be had anywhere else?
New or used, if you can't find something, because it is rare or discontinued, the price will go up. Seen any $100 SKS-Ds lately? How about a Valmet Hunter or M78 for anything near what they went for new?
That is capitalism folks... freedom. The same thing we claim we should have more of as gun owners. Just don't expect it to be a free ride, or a bargain all the time.
- Location
- East of Home, West of the Rest
If its selling, then someone doesn't think it is overpriced. Not one of those $40 to $50 PMAG adds has made it off the "New Topics" search pages, let alone page 1, without getting changed to SPF. That is exactly what supply vs demand is.
Do I want to spend that much on PMAGs? Nope. But then again I didn't want to spend $25 to $30 on them either, not when they are less than that south of us. Shows what they are worth, and what the market here will take.
On a more positive note, I lucked out on Questar's Pmag buy 10 get one free with about $25 per mag pricing and -15%.
I made a recent and honest trade for 3 of my Pmags (@$25 value) for other items. It was a fair deal.
Thats what the EE is all about. Just us friendly CGNr's helping each other out.
I made a recent and honest trade for 3 of my Pmags (@$25 value) for other items. It was a fair deal.
Thats what the EE is all about. Just us friendly CGNr's helping each other out.
andrew3081
CGN Ultra frequent flyer
- Location
- Vancouver, BC
You still ignored the fact that use items sell for cheaper than new items. Also, even if the item is rare or discontinued...and no body wants it, it is worth nothing.
There is a difference between rare item and jacking up the price and that is why people are saying.
Pmags and the rest of the mags in the States went up in price because they will be discontinued if the ban is passed.
But in Canada, the 30 rounders pinned to 5 rounds will not be discontinued. People are panic buying or hoarding all the mags in Canada because they know they can make profit later. There is a HUGE difference between what is happening here and the States.
If there is a ban in Canada, the price of that item will usually drop and not raise...because we do not have the grandfathering clause.
@andrew...you answered your own questions (so to speak). Rare or discontinued...worth nothing if no one wants it...but worth lots if lots want it. You mention panic buying/hoarding...why shouldn't anyone be able to profit from fearful panic buying? No one is forcing them to buy the mags...they perceive a problem in availability is coming so they're buying up everything in sight...whose fault is that? The fact that they're spending the money on the mags is driving the price...if no one paid $60/mag on the EE then the price would fall...but they're not due to the sellling going on. Let the free market dictate the price...that's all I'm sayin'.
- Location
- East of Home, West of the Rest
If used items can't be found, they will sell for more than they were selling for new. That is what is happening on thee EE and is the reason this thread exists.
Unless a ban prohibits export of said mags across state or federal borders. Then watch mags values go through the roof. And you won't be getting any PMAGS or USGI mags from any US source. Such has been brought up by anti-gun US politicians as a possibility, non export.
Maybe it will happen, maybe it won't. If you think its gouging then don't buy. Stick to the sellers wanting to sell for $15 bucks a mag. That guy only had 200 messages in his inbox in 24 hours. Good luck.
andrew3081
CGN Ultra frequent flyer
- Location
- Vancouver, BC
Other countries make magazine as well. And if the ban goes through, the magazine will be the cheapest part...most semi auto or Ar15 will shoot up in price.
wasn't this covered once already? The only way to prevent it is to not support those selling PMAGS at ridiculous prices. If your willing to pay the crazy prices for PMAGs then go for it, if not just hang tight and wait, or substitute. Supply and demand is a simple concept, and is obviously in effect here... but when there is an increase in, substitutes will enter the market, and prices eventually settle again. For example the MSAR mags being sold by several CGN venders.
https://www.dlaskarms.com//product_info.php?products_id=398&osCsid=b89460be8d10f0df18ba3236c612ad34
Its even in the product description: "These mags break the monopoly in Canada for a quality magazine."
https://www.dlaskarms.com//product_info.php?products_id=398&osCsid=b89460be8d10f0df18ba3236c612ad34
Its even in the product description: "These mags break the monopoly in Canada for a quality magazine."
- Location
- East of Home, West of the Rest
Bingo.
Once the first few batches of PMags sold for such high prices, lots of folks (myself included) have decided now's the time to empty out that drawer of unused plastic. Either there will be so many people motivated to sell that the demand will be met and prices will fall, or new supply will come available and prices will fall. Or maybe any new supply will be so long in coming that prices will continue to rise. In the meantime, however long that is, the value of PMag "stock" is very high and people are free to decide if they will buy, sell or hold their shares.
It's been said a dozen times already, but no one is being forced to pay the asking prices - it's not like gas or food where the buyer is over the proverbial barrel.
It's been said a dozen times already, but no one is being forced to pay the asking prices - it's not like gas or food where the buyer is over the proverbial barrel.
There must be millions of them out there, they are not rare by any means. Supply may be low right now due to panic buying, but that does not in and of itself make them more valuable. I think its pretty sad when our own community is ripping each other off to capitalize on the current climate, and thats all it is. Retailers are another story...
And lest anyone forget, from Magpul's website:
PMAG® 30 AR/M4 GEN M3, 5.56x45 Magazine $14.95
PMAG® 30 AR/M4 GEN M3 Window, 5.56x45 Magazine $17.95
I would guess they are making them 24/7 by the truckload, so hold tight, they are coming.
mildcustom2
CGN Ultra frequent flyer
- Location
- Surrey, B.C.
It's supply and demand. Kinda like the price of gold. Is what it is and no amount of complaining will change it. Bought 10 LAR-15 mags a month ago from Questar, not because I need them now but because I knew they would be hard to find in the future.
Wait until you see that you can't get any US made black rifles anywhere in Canada in 6 months or less. US manufactures can't keep up with the demand in the US let alone Canada.
Economic Recession, more like Black Rifle Recession.
Oh and I may have a pair of 50 Beowulf mags for 200$ available
