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Old January 10th, 2013, 09:59 PM   #1
Bullhed78
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Default Price gouging or free market

I sold a CETME rifle recently for what I thought was very good money in less than 24 hours. I was happy and the buyer was very happy so it's a win win. It's got me thinking that I should sell my Sig AR for a healthy profit also. I'm still working on a bolt gun project and wouldn't mind having some extra coin to put into it. So, is it price gouging to list it at inflated prices or is it simple supply and demand economics? I don't necessarily want to be "That Guy" but if both parties are happy with a sale is it a win win?
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Old January 10th, 2013, 10:22 PM   #2
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Selling price is always whatever the market will bear. Start high and if you don't get any action, drop your price. Never feel guilty about an honest profit.
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Old January 10th, 2013, 10:28 PM   #3
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selling price is always whatever the market will bear. Start high and if you don't get any action, drop your price. Never feel guilty about an honest profit.
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Old January 10th, 2013, 10:52 PM   #4
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Supply and demand.......... make the profit while you can.
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Old January 11th, 2013, 12:11 AM   #5
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Or you can sell it to me at heavily discounted prices. I'd be happy, and the customer is always right
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Old January 11th, 2013, 08:11 AM   #6
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I sold a CETME rifle recently for what I thought was very good money in less than 24 hours. I was happy and the buyer was very happy so it's a win win. It's got me thinking that I should sell my Sig AR for a healthy profit also. I'm still working on a bolt gun project and wouldn't mind having some extra coin to put into it. So, is it price gouging to list it at inflated prices or is it simple supply and demand economics? I don't necessarily want to be "That Guy" but if both parties are happy with a sale is it a win win?
price & specs on said Sig AR?
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Old January 11th, 2013, 08:12 AM   #7
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Originally Posted by Bullhed78 View Post
I sold a CETME rifle recently for what I thought was very good money in less than 24 hours. I was happy and the buyer was very happy so it's a win win. It's got me thinking that I should sell my Sig AR for a healthy profit also. I'm still working on a bolt gun project and wouldn't mind having some extra coin to put into it. So, is it price gouging to list it at inflated prices or is it simple supply and demand economics? I don't necessarily want to be "That Guy" but if both parties are happy with a sale is it a win win?
Two of my rifles are running at double-triple what I paid for them. I'm seriously thinking about unloading them both right now.
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Old January 11th, 2013, 08:58 AM   #8
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I sold my ar for double what I paid.. That's the only reason I sold it...
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Old January 11th, 2013, 11:02 AM   #9
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price & specs on said Sig AR?
Sig Sauer M400 enhanced AR 15 carbine
5.56/.223
OD Green Magpul furniture
30 round Pmag
I still have the box and manuals
$1800
Email me if interested Bullhed78@yahoo.com
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Old January 11th, 2013, 01:10 PM   #10
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doesnt matter what the market is for them, its what someone will pay for what someone is asking, who knows you could be the guy that make the market price go up again.
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Old January 11th, 2013, 08:22 PM   #11
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doesnt matter what the market is for them, its what someone will pay for what someone is asking, who knows you could be the guy that make the market price go up again.
Ummmm....... That would be how the market works.
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Old January 11th, 2013, 08:29 PM   #12
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You didnt cause the market to get higher prices. Dont feel bad benefitting from the situation. Good for you having the right thing for sale at the right time.
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Old January 12th, 2013, 07:06 AM   #13
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Originally Posted by Bullhed78 View Post
I sold a CETME rifle recently for what I thought was very good money in less than 24 hours. I was happy and the buyer was very happy so it's a win win. It's got me thinking that I should sell my Sig AR for a healthy profit also. I'm still working on a bolt gun project and wouldn't mind having some extra coin to put into it. So, is it price gouging to list it at inflated prices or is it simple supply and demand economics? I don't necessarily want to be "That Guy" but if both parties are happy with a sale is it a win win?
You make the choice on what you perceive it as. whether right or wrong in the eyes of others ..You're the one that has to go to bed at night and be happy with the decisions you've made.
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Old January 13th, 2013, 11:42 AM   #14
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I am all for the free market and making a profit but you need to be very careful that you don't shit your own bed when you do it. When the market gets a huge boost like this you can destroy your own reputation and credibility in your small community when you try and profit off of the same people who have been cutting you deals on other stuff for years.

Pay it forward is the correct term. Making a profit is by no means a bad thing like so many people these days want to make it out to be but there are unintended consequences that do come with situations like this. There is a clear distinction between living the free market system and making a profit and price gouging. It becomes VERY clear when you sell your neighbor a $700 AR-15 for $2500 and then three weeks later it's only worth $700 again.

Is it your neighbors own damn fault for participating in that jackassery? Of course it is. Doesn't mean he won't feel resentment towards you for taking advantage of him and that will affect all interactions with him in the future. Just keep that in mind when you go to sell it to your best friend.
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Old January 13th, 2013, 11:54 AM   #15
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It's not price gouging. You're not forcing anybody to buy anything.
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Old January 13th, 2013, 03:41 PM   #16
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I just sold two more used PMAGS on Armslist for $80
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Old January 13th, 2013, 04:56 PM   #17
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Originally Posted by ss View Post
i am all for the free market and making a profit but you need to be very careful that you don't shit your own bed when you do it. When the market gets a huge boost like this you can destroy your own reputation and credibility in your small community when you try and profit off of the same people who have been cutting you deals on other stuff for years.

Pay it forward is the correct term. Making a profit is by no means a bad thing like so many people these days want to make it out to be but there are unintended consequences that do come with situations like this. There is a clear distinction between living the free market system and making a profit and price gouging. It becomes very clear when you sell your neighbor a $700 ar-15 for $2500 and then three weeks later it's only worth $700 again.

Is it your neighbors own damn fault for participating in that jackassery? Of course it is. Doesn't mean he won't feel resentment towards you for taking advantage of him and that will affect all interactions with him in the future. Just keep that in mind when you go to sell it to your best friend.
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Old January 13th, 2013, 05:18 PM   #18
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Thing is we're not really in a real crisis yet. It's a consumer freak out crisis as of now. Nothing's been done and probably won't until summer, if ever. It's not like we've actually been invaded or the zombies are at our doorsteps! People are freaking out because of what they THINK is going to happen, not what has actually happened. If you don't like the current freak out pricing then simply don't buy anything. If you think it's worth overpaying for something now to eliminate your risk of not being able to get something later then have at it! If you decide to buy shit at freak out prices then its on you. You can't blame someone for making money on over reactions.
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Old January 13th, 2013, 05:28 PM   #19
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Thing is we're not really in a real crisis yet. It's a consumer freak out crisis as of now. Nothing's been done and probably won't until summer, if ever. It's not like we've actually been invaded or the zombies are at our doorsteps! People are freaking out because of what they THINK is going to happen, not what has actually happened. If you don't like the current freak out pricing then simply don't buy anything. If you think it's worth overpaying for something now to eliminate your risk of not being able to get something later then have at it! If you decide to buy shit at freak out prices then its on you. You can't blame someone for making money on over reactions.
This.

And the thing is, there are still good deals out there on some things, if you spend the time to look.
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Old January 13th, 2013, 05:28 PM   #20
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Thing is we're not really in a real crisis yet. It's a consumer freak out crisis as of now. Nothing's been done and probably won't until summer, if ever. It's not like we've actually been invaded or the zombies are at our doorsteps! People are freaking out because of what they THINK is going to happen, not what has actually happened. If you don't like the current freak out pricing then simply don't buy anything. If you think it's worth overpaying for something now to eliminate your risk of not being able to get something later then have at it! If you decide to buy shit at freak out prices then its on you. You can't blame someone for making money on over reactions.
That's part of why I sold, I figure ill get the good money for it now and hopefully the ban never gets passes the house, than ill go buy a cheep one for if and when SHTF. And if the ban does happen then I'm out.
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