How much should I expect to lose selling to a gun shop?

Lead Pipe

I'm Tiny Riiiiiiiiick
Joined
Nov 4, 2010
Messages
13,143
Reaction score
173
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?
 

1MEANGT

Braaaaaaap!!!
Joined
Mar 18, 2004
Messages
8,296
Reaction score
52
Armslist and FOID transfer. It is so easy and you will definitely get more for them.
 
OP
Lead Pipe

Lead Pipe

I'm Tiny Riiiiiiiiick
Joined
Nov 4, 2010
Messages
13,143
Reaction score
173
Hmmmm, I might give that a shot but the thought of selling a gun privately gives me the creeps.
 

1quick

Well-known member
Donating Member
Joined
Jan 29, 2008
Messages
20,069
Reaction score
684
Location
coal city
I've traded a couple I didn't feel like messing with, 50% of what the shop sells them for new it spot on
 

Grabber

Oh Hai
Joined
Dec 11, 2007
Messages
3,886
Reaction score
106
Location
Wheeling, IL
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.
 

IZZy

Powered by ES
Joined
Dec 15, 2007
Messages
38,986
Reaction score
2
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
 

Mr_Roboto

Doing the jobs nobody wants to
Donating Member
Joined
Feb 4, 2012
Messages
12,734
Reaction score
568
Location
Joliet
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.
 
OP
Lead Pipe

Lead Pipe

I'm Tiny Riiiiiiiiick
Joined
Nov 4, 2010
Messages
13,143
Reaction score
173
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.
 

Aron

Well-known member
Joined
Sep 1, 2005
Messages
13,990
Reaction score
15
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.
 

Flyn

Go ahead. I'll catch up.
Super Moderator
Donating Member
Joined
Mar 1, 2004
Messages
48,081
Reaction score
732
Location
Selling homes on the Gulf Coast of Florida
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.
 

Create an account or login to comment

You must be a member in order to leave a comment

Create account

Create an account on our community. It's easy!

Log in

Already have an account? Log in here.

Top Bottom