Pricing and the current economy

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sailor723

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I was just watching a very nice looking blued Python on the EE. Offered at $1850 it took over 24 hours to sell. There is another one with a bit of wear at the muzzle that has been sitting for several weeks priced at 2600. A few months ago i think both these guns would have sold (the 1850 one in a minute or two). Between the the 75 cent dollar, $39 oil (and it's impact on Western Canada's economy), and the recent stock market free fall (people "feeling" poorer) do you see used gun market softening and values pulling back in the days and weeks to come??
 
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With the dollar set to stay weak for the foreseeable future I would think prices are going up. Prices seem tobe based on what a new one would cost, so if a new superboomer is $2000 then a used one is $1500. When the new price goes to $2500 because of exchange the used one goes to $2000. Stuff from Europe not as much, but stuff from the US will. Canada is a resource economy so a weak dollar is somewhat helpful to the economy, but the world around us is going through some tough times...
 
I know what you mean. I really hope I'm wrong but I have a growing feeling that Harper is toast. This economic downturn may be the final nail in the Tory's coffin. That, and the fact that they are a ten year old government that is looking increasingly tired

I think the best we can hope for is that with all the other issues facing a newly elected NDP government more gun control will go to the back burner.
 
I'm pretty much done with buying, I know.

I've just completed my small but comprehensive S&W collection. there's nothing out there that I really desire, and I'll have other expenses to look to, as well as wishing to put more into investments.

I don't think that Comrade Tom will do much with the firearms file - not from a minority position, and we still own the senate, at least for now.
 
then there 's the fact it is a PYTHON- there's a certain air of provenance to owning one( read elitist) and it's HAND FITTED and that makes it better than everyone else's revolver- you could put a the name PYTHON on a pos( spell check won't let me say it) and that so-called class of people would buy it- to tell the truth, it's of no greater benefit to the AVERAGE shooter than any other revolver, being a smith, ruger , or whatever- look at what jerry mikalecjk( forgive me jerry, I can't spell your last name) carries- it's a SMITH, and he's the best shot in the world and has been for some time- like owning a PURDEY double when what you really need is a benelli- as far as the election goes, from what you say, it won't be you that saves Canada - it'll be us western folks that get out and VOTE HARPER
 
Both of those Python's had some damage/wear on them and I know at least one of the sellers had no trader rating, that's what turned me off of them.
 
09outlander said:
Both of those Python's had some damage/wear on them and I know at least one of the sellers had no trader rating, that's what turned me off of them.
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Yes, the lack of trader rating held me back as well but the low price got me wondering if the used market is slowing down a bit in general. Hence my question about if people think the economy will cause used prices to fall. Guns are, after all, a discretionary item.
 
You think the oil patch situation is bad, just wait until Tommie the Commie gets in and new home construction grinds to a halt.

Between these two job producer's getting crushed, that's going to be an awful lot of 20-40 year old, under-educated males; broke, pissed and with nothing but time on their hands.

caramel said:
I think the political situation is a real deal breaker for many peoples... JP.
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Usually increasing prices shift down the demand curve as buyers see less and less value for a product. A slowdown in the economy should decrease the marginal propensity to consume - also shifting the demand curve down. Unless sellers start accessing new markets, such as exporting their firearms to the US, used guns should not mirror the gains in the US dollar and should only appreciate marginally. If this is correct, we should start seeing a glut of firearms on EE and the prices creeping down.
 
t-star said:
then there 's the fact it is a PYTHON- there's a certain air of provenance to owning one( read elitist) and it's HAND FITTED and that makes it better than everyone else's revolver- you could put a the name PYTHON on a pos( spell check won't let me say it) and that so-called class of people would buy it- to tell the truth, it's of no greater benefit to the AVERAGE shooter than any other revolver, being a smith, ruger , or whatever- look at what jerry mikalecjk( forgive me jerry, I can't spell your last name) carries- it's a SMITH, and he's the best shot in the world and has been for some time- like owning a PURDEY double when what you really need is a benelli- as far as the election goes, from what you say, it won't be you that saves Canada - it'll be us western folks that get out and VOTE HARPER
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I'm not a Colt true believer but in my opinion a well made gun with better sights works a h3ll of a lot better than a mediocre gun with wrong sights. Colt had lots of issues over the years and I expect some of the revolvers suffered from their carelessness. I have some guns that I can place 4 rounds in the same hole and the rest of my guns I place 4 shots within 4-6 inch groups. This is shoot one gun than pick up the other gun, back to back same target and range.
 
Heh -- Anybody seriously looking to buy a Python can't be too concerned about what they're spending. However the C$ is definitely in the doghouse for the foreseeable future...waiting will only mean vendors new imported stock will have higher prices.

I see a Sig P220 in .45ACP on the CanadaAmmo site for C$999 right now...it's been there for a while If I wanted one of those, I'd be jumping on that deal in a big hurry, 'cause I bet we'll never see that kind of price again.
 
A perfect storm...
The economy is going down the toilet so luxury items take the first hit; first to get sold and last to be bought.
The lack of certainty in the election questions how much do you either keep with that level of risk or how much of your current cash you add to that level of risk.
Harper isn't done yet but he doesn't have a slam dunk on is hands either...
I think these are the reasons so much quality kit is on the EE and why it isn't moving quickly...
 
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