Heartbreak at Gunstop today

[Squib Joe]

Gouging is defined as something done by the seller, not the buyer. In a case like this, the owner of the 1911 is the seller and the only one capable of "gouging".

If you have a better term for a buyer taking advantage of a seller that's uninformed or under pressure to sell let me know.

I don't think you're giving the guy selling his gun enough credit. From what I've experienced, most gun owners are well aware that they're going to get much less selling to a shop. They choose to do so because it is fast, generally risk-free, and more convenient than listing it on Gunbroker or trying to find a private party to buy the gun.

[xd ED]

....A price was offered, the seller accepted the price.

Yep; buyer or seller could have said 'thanks, but no thanks', and walked away. Neither did. It's called commerce.

[plblark]

Gouging is defined as something done by the seller, not the buyer. In a case like this, the owner of the 1911 is the seller and the only one capable of "gouging".

If you have a better term for a buyer taking advantage of a seller that's uninformed or under pressure to sell let me know.

Personal responsibility?

It's irresponsible for anyone to demand a high Salary when there are CLEARLY cheaper options available in India or elsewhere. I mean, someone will do it cheaper elsewhere so it's immoral to charge what you think it's worth and take advantage of your employer who is uninformed and under pressure to get the work done?

[gyrfalcon]

I was told lowballing would be a better term... Anyhow it would be funny to walk in with the 31st Edition Blue Book of Gun Values which they use minus 30+% to estimate how much they'll give you for a firearm, then compare their floor prices to the same book.

[Squib Joe]

Anyhow it would be funny to walk in with the 31st Edition Blue Book of Gun Values which they use minus 30+% to estimate how much they'll give you for a firearm, then compare their floor prices to the same book.

Or stay at home and read some Adam Smith instead. Not as funny but there is some good insight into how a free market economy works.

"Nobody ever saw a dog make a fair and deliberate exchange of one bone for another with another dog."

Book I, Chapter II, pg.14, Wealth of Nations

[ComradeBurg]

Gouging is defined as something done by the seller, not the buyer. In a case like this, the owner of the 1911 is the seller and the only one capable of "gouging".

If you have a better term for a buyer taking advantage of a seller that's uninformed or under pressure to sell let me know.

Personal responsibility?

It's irresponsible for anyone to demand a high Salary when there are CLEARLY cheaper options available in India or elsewhere. I mean, someone will do it cheaper elsewhere so it's immoral to charge what you think it's worth and take advantage of your employer who is uninformed and under pressure to get the work done?

Exactly.

There really is no such thing as a high or low price, just the price you can get and the price you can't get out of something. If you believe you can get more money by selling a firearm to somebody else then by all means go sell it to somebody else.

[Pezhead]

So if somone says the gun is worth $1000.00 and buyer pays $1000.00 how much should it be sold for $800.00? If he wants to stay in businees they might have to sell it at $1200.00. That's to much money and not worth it, I'll give you $1000.00. Next time you visit the store it may be closed.
I used to work at a Hallmark store now since closed. When we where clearancing the items out one customer said something to effect that they where sorry to see us close. They liked the candels we sold and where buying them on clearance. Usually they bought them wholesale because they could get them cheaper than what we normally sold them for. Then they wondered why we where closing.
Yes everyone wnats to get the best deal but sometimes we don't.

[gyrfalcon]

There really is no such thing as a high or low price, just the price you can get and the price you can't get out of something.

Those prices of course being a high and a low price...

[Heffay]

What was the gun worth to the seller? Seems like $500 was just about the right price point for him.

The system works. There is no "right" price. That implies that everyone is the same, and we aren't.

[m4andxdisbliss]

By far the dumbest conversation/argument I've read on these forums.. and I bet I'm half most peoples ages on here.

Totally pointless...

[gogopher]

Another possible motive by the seller is that by selling to GunStop he gets the peace of mind knowing that gun went through an FFL. He does not have to hope that the transaction/buyer is legitimate. Seller gets to wash his hands and walk away with cash. I have been reluctant in the past to sell handguns to private parties PTP/PTC or not. Only takes one ooops to make you look really silly in the media, or to the long arm of the law.

[gyrfalcon]

By far the dumbest conversation/argument I've read on these forums.. and I bet I'm half most peoples ages on here.
Totally pointless...

Funny I was thinking the same about your comment. Well at least you've contributed your part to it.

...The system works. There is no "right" price. That implies that everyone is the same, and we aren't.

I won't agree that the system works all the time, but I'll agree with the rest of it... Not too long ago a number of comments were posted on the topic of inflated or unfair prices at gunshows by many vendors. Apparently most of the people replying here believe that there can be no such thing as making too much, or having too high of a profit.

[plblark]

The nice thing is that the market works. If they burn too many people, word gets out. IF their prices for trade-ins or for guns for sale are too far out of the norm, word gets out.

Word on Gun Stop: They're consistent and they're reasonably priced.
Want better money trading in a gun? Shop it around. Try Gander.

[macphisto]

Want better money trading in a gun? Shop it around. Try Gander.

QED

[m4andxdisbliss]

By far the dumbest conversation/argument I've read on these forums.. and I bet I'm half most peoples ages on here.
Totally pointless...

Funny I was thinking the same about your comment. Well at least you've contributed your part to it.

I'm sure your the type that would argue about the color of the sky too... Someone needs a life...