Soft Market?

[Philinsocal]

Is it my imagination or is the secondary market particularly soft right now? It seems as if even off roster guns are languishing on the market despite being listed at about 85% of what they used to go for a few years ago.

[The Gleam]

Yes - because rates have skyrocketed, economy is slowing, (smart) people are shoring up their debts and deficits - and the general days of 'free money/free credit' are starting to subside, while volume of availability/supply has increased as the impulse buyers during the panic-spree and fabricated shamdemic shortages has also retracted.

Some will tell you it's because many suspect the Roster is on a precipice of failure and shopping for caskets, but that's just wishful thinking; regardless, it could be influencing the easily impressionable to withhold their cash from any purchases that would have been off-Roster interests.

Yet, that explanation doesn't fly, because such reduction in purchasing and pricing is happening with all sorts of firearms where the Roster has no impact. I'm seeing a price relaxation (finally) on Garands, FN49s, SVT40s, Winchester Model 70s, Pythons, even on off-Roster items from the 1980s/1990s/2000s - not huge reduction over the past few years' of nonsense pricing, but noticeable drops.

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[Not-A-Gun-Grabber]

Likely because a lot of people are selling 2020 panic bought guns.

[tuna quesadilla]

Yeah. Pick your case:

Biden's inflation at an all-time high.

Jan-March slump in spending after people drained their wallets travelling for the holidays, buying gifts for the holidays, and paying their tax bill.

Supply chain issues finally starting to ease up after the past couple years of mayhem.

Democrats continuing to blather about gun control, but not imminently threatening to pass anything that will affect you right this moment.

[DArBad]

With the present state of the economy (several big banks in the red, the stock market what it is) many people are being laid off, income tax filing deadline just around the corner, cost of living high, interest rates high, people losing their homes, etc. etc. etc. buying an over priced handgun would be the least of purchase priority, don't you think?

[tuna quesadilla]

Yes - because rates have skyrocketed, economy is slowing, (smart) people are shoring up their debts and deficits - and the general days of 'free money/free credit' are starting to subside, while volume of availability/supply has increased as the impulse buyers during the panic-spree and fabricated shamdemic shortages has also retracted.

Some will tell you it's because many suspect the Roster is on a precipice of failure and shopping for caskets, but that's just wishful thinking; regardless, it could be influencing the easily impressionable to withhold their cash from any purchases that would have been off-Roster interests.

Yet, that explanation doesn't fly, because such reduction in purchasing and pricing is happening with all sorts of firearms where the Roster has no impact. I'm seeing a price relaxation (finally) on Garands, FN49s, SVT40s, Winchester Model 70s, Pythons, even on off-Roster items from the 1980s/1990s/2000s - not huge reduction over the past few years' of nonsense pricing, but noticeable drops.

---

Yeah, now someone just needs to tell the damn CMP they can come back to reality... $700 for a pitted-to-hell Rack Grade that they're selling "As-Is" with no after-sale support

[The Gleam]

Likely because a lot of people are selling 2020 panic bought guns.

That's absolutely happening. Big increase in volumes of used Glocks, HKs, SIGs, Rugers, and such that can be found on the Roster, so this is obviously arising as people now struggle to pay bills and the "gun thing" was a passing fad for them in the first place.

Yet, they won't be getting recouping that $1,200 they spent on an on-Roster Gen 3 Glock from their local LGS during the shamdemic no matter what how much "know what they got".

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[The Gleam]

Yeah, now someone just needs to tell the damn CMP they can come back to reality... $700 for a pitted-to-hell Rack Grade that they're selling "As-Is" with no after-sale support

No doubt!

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[Philinsocal]

With the present state of the economy (several big banks in the red, the stock market what it is) many people are being laid off, income tax filing deadline just around the corner, cost of living high, interest rates high, people losing their homes, etc. etc. etc. buying an over priced handgun would be the least of purchase priority, don't you think?

Yes, I definitely agree. That said, it seems as if the price for many new guns has increased at least 15% over a few years ago. This is what I find perplexing. I guess its just a good time to buy used as long as you know exactly what you want.

[Philinsocal]

Likely because a lot of people are selling 2020 panic bought guns.

Definitely! The market is flooded.

[Mr. Blue]

Sig 365 . Brand new in box. Only 500 rounds shot through it. $1800, FIRM. Will trade for HK SP5.

[DolphinFan]

Fairly priced guns always sell.

[Tarmy]

Yep, cause the Dems are doing such a great job with the border, crime, funding the police, incarceration and all things that make CA a great place to live again.

Yep, that is why the gun prices are dropping, I am sure of it.

Take THAT to the bank…er...never mind.

[ap3572001]

Fairly priced guns always sell.

I agree with You on that 100%. Desirable, out of production handguns is very good +, original condition, sell without any problems for pretty good money. Pre lock Smith and Wesson revolvers in 38/357 with 4 inch or shorter barrels , Colt Government models and Commanders from 70's and 80's, etc , all sell very easily and for good money. Market is soft on used guns that are readily available new today.

[jyo]

First, I don't think the market is flooded with guns---I just think people are scaling back a bit with the future looking uncertain and inflation stealing your money weekly. Things got out of hand a couple years back, and the used market is adjusting to the new demand... Second, I do believe fair priced items definitely sell better than overpriced items---you can see this in the real estate prices and what's actually selling---overpriced houses are not selling either---again, it's just the market adjusting to current values...
During the "Hot" times a couple years back, I adjusted my personal inventory by selling off several guns at what I thought were stupid high prices---nobody tried to bargain, they just said yes! Many folks thought this was the new normal, but it was just panic buying---now the market has cooled, by a bunch actually... $1,200. dollar Glocks? Gimme a break...