LGS rant

[evlblkrfl]

Must be High Desert Guns. The former owners/employees were good people. Not sure about these guys yet.

[heidad01]

You say he won't stay in business long because he speaks the truth.
I watched one of the most popular guns shops in my area lowball a senior citizen with his old SS colt 1911. Gave him about $250 and took the guys spare ammo for free. Tells the guy they really are not worth much and old guy sheepishly sells his old military heirloom to the shop.
I watched and said nothing as I was picking up my previously purchased 700.
When old guy leaves, I ask how much he wanted for it sight unseen, and he declined telling me he'd clean it up and get a grand for it.
I told him, "You got a steel!"
He gave me a look. And I just let it go.

Anyhow, that is how you stay in business.
Someone has to pay for the electricity and so forth.

I have seen similar cases of robbery several times and especially at Martin Retting shop in Culver City.
Doing business is one thing but robbing the old folks and the uninformed in this way is highly immoral if not illegal.

The value of a gun is not what it is worth.

It is what it will sell for in today's market.

The FAIR value of a gun (unless if it is antique/collectible) is the total sum of the cost of gun and any attached accessories priced today if you were to buy them new, less some percentage for being used and not new in the box.
Google the individual items and add the prices, then depending on condition of the gun, subtract some percentage for being used/second hand. Just because I like my gun does not add even $1 buck to the value.

That said, the shop owner was a Dick. It is good business practice to refuse something by saying that you do not think you can make a dollar in this deal and give a reasonable explanation with a smile. No need to offend anyone.

[diverwcw]

The market will take care of itself. If you price it at what you want and it doesn't sell, that means it's too high. I suppose the owner could have been more tactful about it but he doesn't want something sitting on his shelf forever. The longer it sits on the shelf, the more it is handled by the lookie lous and the more rack rash it gets, the more he (the owner) will be held responsible. Better to list it on CalGuns and see if you get any nibbles.

[firemanjoe]

Must be High Desert Guns. The former owners/employees were good people. Not sure about these guys yet.

Yes, I knew the old owners well and they were very nice people and I gave them lots of business.

[AceGirlsHusband]

Forget about it.

[Wnick308]

The value of a gun is not what it is worth.



It is what it will sell for in today's market.

This is what it comes down too, I've seen a lot of nice custom built/high end rifles sit on the shelf for a long time do to price. Most people want to customize their gun by them selves so I can see this rifle being hard to sell.

[drkphibr]

An LGS is going to want to pay the least for a gun as possible. Selling it on consignment means they want it to move, not just take up space, so the price needs to be one what will entice folks for a reasonably fast sale (and profit for the LGS).

People who buy guns (just like cars) and invest in customizations and such will generally (sure, there are always exceptions) not see the return on their value, simply because what the seller values doesn't necessarily translate into what the buyer values or is willing to pay for.

Look at the "upgraded" commodity poly guns you see in the classifieds that are 40% above new sales price because they have a few "options" installed. There seems to be a tendency to try and not only recoup all costs invested but also a premium for the time/effort to do said customizations.

The best judge of price on a for sale desirable item is how long it sits or gets bumped. Little or no interest means it's over priced. Under priced (more rare these days) or HIGHLY desirable will generally go pretty fast from what I've seen.

[Win231]

Rather surprising that the owner would be such a douche.

I left my spotless Wilson CQB on consignment - which included 10 Wilson mags & custom grips ($2,900). The idiot store manager told me I had to lower the price because the expensive guns just sit for a long time & take up space. As an example, he pointed to the Kimbers & said "They don't sell & they use up "Real Estate." I needed cash at the time, so I said, "Let's try $2,600 & see what happens." He wanted the price even lower.

It was sold in a few minutes. Pretty stupid of him, since the store gets more when the price is higher.

[I Swan]

I think I know which shop this is now but I'd still like the OP to tell us. Why not?

[No Step On Snek]

I realize that the $2500 is a bit of a stretch, and I understand that everyone, including me, believe their rifles are worth more because of how we take care of them; but like anything, start high and work your way down. I wasn't really going to put it in the shop on consignment, I was just curious and for him to say it the way he said it was the most irritating. Not necessarily the content of what he said. If it doesn't sell for my bottom dollar, like some have said, I'll just keep it.

Joe, first off name the shop because the guy sounds like a jack off instead of explaining it a bit more professionally.

But $2.5k.....you're about $1k too high for a used common rifle.

[ChuckDizzle]

One thing you'll learn about popular customization items, whether it is a guitar, gun, motorcycle or whatever is that your own mods and customization are a negative value to any potential buyers.

For most in the market for a 700 they already have a fairly decent idea of how they want to customize the rifle for their particular wants and needs. Your custom set-up is a negative to those people because not only is it full of parts they don't want there is the risk they were installed poorly by a kitchen table gunsmith.

[Midtown]

http://www.calguns.net/calgunforum/s...=Remington+700

I'm not easily offended and if someone lowballs me, the worst I can say is no.

You sure about that?

[MotoFahren]

http://www.calguns.net/calgunforum/s...=Remington+700

I'm not easily offended and if someone lowballs me, the worst I can say is no.

I'll give you $1,200 cash.

[firemanjoe]

One thing you'll learn about popular customization items, whether it is a guitar, gun, motorcycle or whatever is that your own mods and customization are a negative value to any potential buyers.

For most in the market for a 700 they already have a fairly decent idea of how they want to customize the rifle for their particular wants and needs. Your custom set-up is a negative to those people because not only is it full of parts they don't want there is the risk they were installed poorly by a kitchen table gunsmith.

Everything was installed professionally and is torqued per manufacturers specs. Oh and for everyone asking, it was high desert guns and ammo

[Win231]

One thing you'll learn about popular customization items, whether it is a guitar, gun, motorcycle or whatever is that your own mods and customization are a negative value to any potential buyers.

For most in the market for a 700 they already have a fairly decent idea of how they want to customize the rifle for their particular wants and needs. Your custom set-up is a negative to those people because not only is it full of parts they don't want there is the risk they were installed poorly by a kitchen table gunsmith.

Exactly why I rarely consider a used gun.