Never Sold A Firearm need some good Advice

[blacksmithden]

I recently sold a brand new scope that retails for just over $1300 cdn. It was brand new in the box...literally, I opened the box to take a picture of it still in the plastic, closed the box, and wrapped it up, ready to put an address on it. It had a few extras with it as well. My methodology was simple. I started out at the retail price. Buyer saves the tax, shipping, and gets some free goodies. A week later, I dropped the price by $100...I kept doing that until it sold. Guns and just about anything else are like houses. They will always sell if they're priced right for the market you're in. There are an infinite number of variables in the market and it's impossible to account for them all. If you are patient and keep lowering your price, eventually, someone will pull the trigger on it. If you have an absolute bottom dollar figure you'll accept for something, then keep lowering it and stop there. If it still doesn't sell, then the market just isn't there at the number you want. Don't feel bad about it....it is what it is. You have a choice at that point. Either leave it up for sale, or keep it and hope the market improves. There really isn't much more to it than that.....at least that's the way I've always done it.

When I'm a buyer, I look at what's for sale and I figure out a dollar figure that I'm willing to pay for it. If it gets lowered to that, then I jump on it. If it doesn't, oh well....there will always be other guns. I'm not really in the market for an AR15 right now, and like someone said...NEA doesn't have the greatest rep. Still if a good deal comes along, I'll go for it...I saw your ad, and I figured out what I'd be willing to pay for it (I'm not going to say what it is here. I hate making people feel like they're being lowballed, so I just wait to see if they drop the price on their own most of the time). Some of my guns are for investment. Some are for personal enjoyment. I don't mind sitting on a gun for a few years to see if the market comes up to the point where I might be able to make a couple of bucks on it. I am a dealer after all. I never spend money that I can't afford to sit on for an undetermined amount of time. There are various factors that come into play, and they change from time to time.

Anyway.....that's my perspective on buying and selling guns. Hopefully it helps.