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Discussion Starter #1
Folks,

Do you use a general pricing formula for purchase of used handguns. For instance do you offer 80% of what it might cost new? I am not talking about rare guns or collector's items. Guns, such as the Ruger Vaquero, that is easily obtained. I will visit my neighbor tonight to look at a few. His guns are usually in very good condition, and I want to give him a fair price and not insult him. On the other hand, I have seen guns go for almost new price at auctions, and I would just as soon buy new.
Just thought I would throw this out for some opinions.

Flipper 17
 

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Any guns price is determined only by what someone is willing to pay for it at that moment....it seems to me that 50-75% is the norm but it can be much less or a little more. A good idea check on gunbroker what someone asks and then what the bid really is...economics in an area plays a role also... Lots of variables, just make sure YOU transfer the firearm even though it's a private sale, why put yourself through a headache for a few bucks, if the guy I 'm buying from or selling to refuses to do a background check, no sale !!
 

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Grice gun shop will generally give you 60% for a trade in.Anything above that would be a fair offer.
 

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Discussion Starter #4
Thanks for the feedback. I always go through FFL when buying a gun, but still it is good advice.
Flipper
 

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yeah, but no such formula works for S&Ws

Yeah, maybe you can do that with Ruger and certainly Taurus & Rossi. But when you start dealing with S&Ws, allot of that goes out the window. Pristine New-in-box (NIB) Pinned & Recessed (P&R) numbered models can go for twice what the new "Classic" line sells for. Even it it's not NIB and has been fired, this can be true if it's a rare model variation. The problem is, most folks don't know and so they just think "Why, that price is ridiculous".

Like 2 inch model 19s - very rare. Or 5 inch Model 1950 .44 Target - sky high$$

Even beat up 2 inch model 10s go for premium.

Ya just gotta know. I think that in general, Gunbroker prices are high for such guns because they get a nationwide audience of bidders. But for gun store finds, I think gunbroker prices minus 20% is a good starting point.
 

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Blue Book of Gun Values - IMO most guns which have been fired and decently cared for fall in the 90% to 95% range in the book. Many gun shops will give you book value less 25-40% So I would say for a private transaction book value less 25%- 20% would be a fair offer
 
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