Do Guns Normally Hold Their Values?

[AutoDriver]

I purchased a Sig P230 in 1996 for $400. Today's new Sig P232 is $650-$700.
I purchased a Sig P239 in 1999 for $650. Today's new Sig P239 is $800-$850.
It seems that gun hold the values, only lose the dollar depreciation.
Is this same to other brands?

[yellowfin]

Buying used guarantees even better value retention.

[IPSICK]

Other than HK, I don't think the tupperware guns hold their value really well. IMO, this increases their usability.

[thai562]

I believe so. I am hoping that I am correct because this is how I justified spend money on guns.
I also believe that it only apply to high quality firearms, not the cheap low end pistols. Sig is one of those high quality firearm manufactures.

[rjf]

A good quality handgun = 1 oz of gold. since 1850 or there about.

[TurboChrisB]

Now that's an interesting observation.....never heard that one before....although...at $1550 an oz....I'd say it buys more than a "good quality" level of gun.....I'd place it more at top tier ish...

A good quality handgun = 1 oz of gold. since 1850 or there about.

[CSACANNONEER]

Since the USD has devalued over the last few years, it's not a fair way to gage real value. But since you asked the question, I'll give you my opinion. I believe that as long as you don't get wrapped up in the hype of a new model, the possibility of a future ban or buy doring a panic time (like the "Post-O" frienzy in '08), most firearms will retain their value or appreciate over time. Of course, similar to a vehicle or almost anything else, you first need to take into account the immediate depreciation of buying a brand new firearm and some of the original costs associated with buying retail.

I bought a used gun in '05 or so and it bluebooked for $600 in 98% condition. Now, it bluebooks for about double that. So, yea, many guns do appreciate over time.

[Thefeeder]

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Yes they do....but not all and some better then others.

If your good at the game, a collection will yeld good returns over the years.

Its about knowing the game of what to buy, for what price and its collectability and desirability down the road.

[RedFord150]

I have sold many guns over the years. In most cases, I broke even or made a very small profit. The exceptions were the cheap guns. Those went for way less than I paid.
Buy quality guns that you like. If you decide to sell later on, you will be OK.

[smle-man]

They appreciate but whether anyone has money to buy them is another question!

[MOONDAWG]

The top brands S&W, SIG, Kimber etc. tend to hold their values more than say Taurus or Ruger.

[viet4lifeOC]

Depends. On most other gun sites (glocktalk.com, CZusa.cometc) guns do not hold their value very well, especially semi-auto polymer guns like the glocks and XDs.

However, on calguns...prices on a used gun seems to go up. On many occassions, I've found people selling used guns for significantly higher price than for a brand spanking new exact model/maker even after including all the added cost/fees.

Must be something in the water.

[comblock]

I plugged your values in the inflation calculator online and the p230 went up $100 and the p239 is about the same adjusting for inflation. So not really an "investment".

[Alan Block]

Colt Anaconda I bought in 1998 for

475. I think it has appreciated a little. And yes I still have the box.

[triplestack3]

I plugged your values in the inflation calculator online and the p230 went up $100 and the p239 is about the same adjusting for inflation. So not really an "investment".

While true, it does beat leaving money in the bank, right?