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Used handgun trade-in prices

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[QUOTE=ejirgens;454982]I live in Orlando, FL and occasionally like to trade-in one of my handguns to help offset the cost of a new handgun. Has anyone else noticed that gun shops are giving you less on a trade-in? I realize they are in business to make a profit. The last purchase I made did not involve a trade-in, specifically for this reason.[/QUOTE]

I used to trade my used guns for partial payment on a new one, but over the last 10 years I have just
bought them outright. Some of the guns that I've traded ended up to be worth more than the gun I purchased. I sure do miss them! I once traded a Ruger P94 in 40 s&w for a Walther P99 in the same caliber. I made the right choice since I just couldn't group my shots with the ruger ,but the first time I shot the Walther I got 3 inch groups at 30 feet. I love it and it is my primary carry weapon most of the time.
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  1. Paladin63's Avatar
    Having worked at a gun shop the policy is to offer about 30% of what the gun retails at. The shop then marks up the 70% and entertains offers down to about 80% which leaves them with a strong 200=% increase on their investment.

    If you're looking to sell your gun and get closer to retail value, I recommend you 1) spend the few bucks and subscribe to Fjestads's (they are the Kelly's Blue Book of gun values) and then 2) list the gun for sale on one of the reputable gun auction sights.

    Avoid Gun's for Pennies (that's my personal advise) when looking to buy a new gun. It will not cost you pennies.
  2. Larry Faehling's Avatar
    Knowing what I know now, I would never get rid of a gun again. I'll buy more, and use some more than others, but I'd never get rid of a gun again. From now on, I'm keeping any gun I acquire.
  3. CC_Man's Avatar
    It's always smart to keep you guns unless you just don't use them. As a retailer will always give you less because the have to make a profit. I have been in gun shops when people bring in their gun that they have had for yrs. Once they get a quote most get offended but they will not give you the full value as they purchase a wholesale to make a profit for the store front. If you are wanting to get closer to retail sell your gun to a private buyer and always run the transaction through a FFL dealer.
  4. m444ss's Avatar
    I've been buying used guns since about 1983 and trading in guns since about 1995. In my experience, the margin on used guns is quite low, and the trade in value is really low. I have also noticed that, with the recent high demand for guns, used guns are getting more expensive as new guns are getting harder to come by. This being the case, I would think the value on trade-in would be a little higher than in the past, but it still won't be much.

    The only advice I can give: whatever you have to sell, see what it's going for if you can find it on a used gun rack somewhere (noting relative condition) or check online sites like gunsamerica.com and gunbroker.com. Again, remember you'll get less for it in trade as the gun dealer has to mark it up for overhead & profit when selling at the "going rate."
  5. gewehre's Avatar
    Quote Originally Posted by Larry Faehling
    Knowing what I know now, I would never get rid of a gun again. I'll buy more, and use some more than others, but I'd never get rid of a gun again. From now on, I'm keeping any gun I acquire.
  6. gewehre's Avatar
    Have only sold to relatives or gifted to immediate family. I don't ever sell guns to a dealer. I also have never sold a gun for less than I paid for it.
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