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Old 10-09-2017, 01:51 PM   #1
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Default How much should I expect to lose selling to a gun shop?

I have a couple guns I want to sell and as far as I see it the path of least resistance to sell to a gun shop. I was going to take them to Marengo and see what they say. Maybe I can trade them in on some thing they have used. My question is how much under market value should I expect to be offered?

My first gun is a .38 S&W Bodyguard with a crimson trace laser and hogue grips. It's a useless gun to me and the novelty wore off. New I think they are over $400 so can I expect $300? I would like to just trade it for a .22 M&P compact they had on the wall.

The 2nd is a Taurus model 66 .357. I honestly have no idea what they are worth. I moving this gun to make way for an R8.

I just don't want to be offered pennies on the dollar, does anyone have any experience?
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Old 10-09-2017, 01:55 PM   #2
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I'd guesstimate 50% of current value, honestly.
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Old 10-09-2017, 01:58 PM   #3
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I'd guesstimate 50% of current value, honestly.
Think they'd be willing to trade? They have a .22 compact for $300 on the wall. They are $330 new...
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Old 10-09-2017, 02:08 PM   #4
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Quote:
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I'd guesstimate 50% of current value, honestly.
This is very accurate
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Old 10-09-2017, 02:08 PM   #5
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Armslist and FOID transfer. It is so easy and you will definitely get more for them.
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Old 10-09-2017, 02:25 PM   #6
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Got $450 for my GLOCK from someone off Armslist. Easy peasy.
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Old 10-09-2017, 02:26 PM   #7
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Got $450 for my GLOCK from someone off Armslist. Easy peasy.
Sold my Sig 1911 and Beretta Nano on armslist. Then sold my Sig 716 to some joker on here......hehehe
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Old 10-09-2017, 02:40 PM   #8
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Hmmmm, I might give that a shot but the thought of selling a gun privately gives me the creeps.
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Old 10-09-2017, 02:48 PM   #9
 
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I've traded a couple I didn't feel like messing with, 50% of what the shop sells them for new it spot on
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Old 10-09-2017, 07:31 PM   #10
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50% is about right.

Problem with Armslist is, tons of scammers and people wanting to pay with wire transfers or money orders from out of state.

I tried selling my brand new mossberg 930 SPX which retails for 700+ not including tax and FFL fees, which includes 150+ rounds of ammo, a case, couple of mods, etc for a while now, with only 1-2 bites of lowballers.

I'd say, sell privately. Shields are a dime a dozen and S&W can validate that with the amount of rebates submitted.

Cabela's in Hoffman estates had a special on shields for about $300 new and used were around $250 not too long ago. I'd say, keep it or WAIT until the sales end to find a good buyer.
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Old 10-09-2017, 08:14 PM   #11
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Marengo Guns is decent with their offers, not great but much better than any other place I've been to and they will definitely give you a bit more if you are buying something else from them.

Think of it as piece of mind that you are paying for
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Old 10-09-2017, 09:56 PM   #12
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I bought an XD45 off a guy who was getting offered 250 from Megasports and Rinks. That should be a decent price index IMO. This was before the whole sell out IL thing too.
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Old 10-10-2017, 01:06 PM   #13
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Marengo Guns is decent with their offers, not great but much better than any other place I've been to and they will definitely give you a bit more if you are buying something else from them.

Think of it as piece of mind that you are paying for
That's what I'm hoping for. I'll probably hear what they have to say this weekend.
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Old 10-11-2017, 10:16 AM   #14
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It's just like selling a used car, you're always going to make more selling it privately rather than taking a hit from a dealer.

When I was at Gander, we went by book value. Just like with cars, we looked up the average retail price in the used gun value book, figure out what we would sell it for, then offer 45% of that. Some dealers may go 50%, but don't expect much more.
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Old 10-11-2017, 07:31 PM   #15
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Quote:
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Hmmmm, I might give that a shot but the thought of selling a gun privately gives me the creeps.
That's why you get a gun shop involved. Any legit buyer probably won't mind that. It's like $25-$50 down here for the shop to handle the legality and make the transfer.

Have the buyer suggest a gun shop near him and contact them.
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