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widespread price-gouging

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  • zenfly

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    Jul 26, 2013
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    Jeff Quinn ( GunBlast.com - Table of Contents ) discusses widespread price-gouging of guns and ammunition by unscrupulous dealers.

    -I've heard of people charging $70 for brick of .22lr and actin' like they were doing someone a favor.-
    -I've heard of 15 guys standing in line at 7:00am in Wal-Mart and buyin' 3 boxes of ammo apiece. Then they all go outside and put the ammo in the same vehicle. They're buyin' for some dealer who's gonna jack it up for 4 times what they paid.-
    -You walk into some place and some guy wants to charge you $2000 for a $800 AR, well, what you say to him is your business but I can guarantee you I will never spend a single cent in that place.-
    -Gun and ammo manufacturers have not raised their prices 400%. It's the dealers who have been taking advantage of their customers during this Constitutional Crisis. There are some dealers who have not raised their prices this whole time. It's a free market, sure. But the market will return to normal and, when it does, remember the folks who did you right and the folks who tried to stick it to you. Those places that did good by their customers are where you need to be spending your money in the future.-
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    Mic

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    Jan 3, 2009
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    Capitalism is letting the.market decide. When people try to stick it to you and you dont forget about it, that is capitalism.
    I love how people try to screw other people and.hide behind capitalism.
     

    ag1052

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    Sep 9, 2013
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    Who is paying 4 times the rate on ammo? The only way to break this cycle is for people to stop paying the outrageous rates and then the resellers wont have 15 guys go to Walmart to clear it out. As long at people keep paying crazy rates there will be people to keep clearing the ammo off the shelves just to jack up the price.
     

    CitizenSeven

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    Apr 28, 2013
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    Nothing is worth anything but what someone is willing to pay for it. The average of many such price/benefit choices is the "market value", and it can fluctuate wildly over time depending on shocks to supply and/or demand. I got into guns at the perfectly wrong time from a price perspective, but I don't consider what I paid for ammo/guns back in February and March unfair. I thought there were going to be serious restrictions, such as a return to the AWB, and if I wanted to exercise my 2A that's the price I had to pay at the time. Apparently, that was the general market consensus then, and hence the increased prices.

    One can rail against the stupidity of the herd driving up prices, and in this case, you'd have a good point. However, politically it could have gone the other way, and such choices would have been eliminated or made much more difficult with onerous bureaucracy (i.e. NFA). Hindsight is 20-20 after all, and the fundamental rule of any exchange is that the seller wants to maximize price while the buyer wants to minimize it, with both operating under varying influences driving the desire to make a sale/purchase.
     

    Texan2

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    Capitalism is letting the.market decide. When people try to stick it to you and you dont forget about it, that is capitalism.
    I love how people try to screw other people and.hide behind capitalism.
    What you are seeing in the firearms market is the very definition of capitalism.
     

    Southpaw

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    Mar 30, 2009
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    Guadalupe Co.
    Capitalism is letting the.market decide. When people try to stick it to you and you dont forget about it, that is capitalism.
    I love how people try to screw other people and.hide behind capitalism.

    So then let the market decide and rally against the jackasses paying $70 for a brick of 22! Stop them and you stop artificially inflated pricing. If you choose not to use a vendor because of it, that's your choice, but don't sit there and leave out the fact that people buying at those prices don't have the greater effect on pricing.

    How long can a vendor have for sale $70 bricks or whatever item at whatever inflated price point, without a fair amount of people buying it within a set amount of time?
     

    zenfly

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    Jul 26, 2013
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    Who is paying 4 times the rate on ammo? The only way to break this cycle is for people to stop paying the outrageous rates and then the resellers wont have 15 guys go to Walmart to clear it out. As long at people keep paying crazy rates there will be people to keep clearing the ammo off the shelves just to jack up the price.

    Exactly.. Thats why we all bought many bricks of 22 and hundreds of pounds of all other needed ammo yrs ago..the writing was on the wall.. It did affect my life greatly though because I'm reluctant to shoot like I used to..
     

    navyguy

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    Oct 22, 2008
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    Ammo is in short supply, but respectable vendors have not jacked their prices up to rape the consumer, they just don't have as much in stock as they used to. Most have raised prices a bit (10 - 15% or so), and although I don't like that, I understand that's how business works. They (the vendors) are no doubt paying more from the manufacturer. It's the flippers and a few unscrupulous vendors that are trying to take advantage of the situation. As pointed out, they can charge any price they want. No one has to buy at the inflated prices. It's the people paying their prices that exacerbates the situation.

    Guns on the other hand have settled down. AR's are becoming more available and are back down to close to where they were pre-Sandy Hook.

    This recent incident is obviously not going to help.
     

    T-FAST

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    6   0   0
    Mar 9, 2011
    1,077
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    San Antonio, TX
    I'm not seeing much gouging on the retail side, but I do see it in the private sales. Doesn't bother me though. I know what I want to pay, If I cant find it for my price, I wait till I do. Now if I was a retailer, I would sell it for the highest price people are willing to pay, that just business.
     

    txinvestigator

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    May 28, 2008
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    Jeff Quinn ( GunBlast.com - Table of Contents ) discusses widespread price-gouging of guns and ammunition by unscrupulous dealers.

    -I've heard of people charging $70 for brick of .22lr and actin' like they were doing someone a favor.-
    -I've heard of 15 guys standing in line at 7:00am in Wal-Mart and buyin' 3 boxes of ammo apiece. Then they all go outside and put the ammo in the same vehicle. They're buyin' for some dealer who's gonna jack it up for 4 times what they paid.-
    -You walk into some place and some guy wants to charge you $2000 for a $800 AR, well, what you say to him is your business but I can guarantee you I will never spend a single cent in that place.-
    -Gun and ammo manufacturers have not raised their prices 400%. It's the dealers who have been taking advantage of their customers during this Constitutional Crisis. There are some dealers who have not raised their prices this whole time. It's a free market, sure. But the market will return to normal and, when it does, remember the folks who did you right and the folks who tried to stick it to you. Those places that did good by their customers are where you need to be spending your money in the future.-
    This poop again?

    Socialist much?
     

    Brains

    One of the idiots
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    Apr 9, 2013
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    I've got a couple local gun stores I really like, who haven't added much if any to their prices. They'll have my business for the long haul obviously. They've limited the amount of ammo they sell at a time, and good customers have limited what they buy, to try and ensure we can all continue to enjoy shooting as a hobby. So it doesn't bother me one bit if folks raise prices, especially if they're being forced to lose income because they cannot move the volume they used to. They're entitled to make a living, and if they're balancing what they could potentially make against what they feel is doing good by the folks who supported them, well that's all the better. Supply and demand isn't calculated on one box of ammo, or on one gun. They don't get to pay a lower light bill because they don't have anything to sell, right?
     

    Southpaw

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    Mar 30, 2009
    17,862
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    Guadalupe Co.
    I guess you could say the same things about a guy selling ice for 20$ a bag of ice after a hurricane

    I do. Why is it his concern that you can't afford his ice? As long as folks are buying it at that price, then none.

    If you need assistance in a time of disaster because you hadn't prepared or where unable to prepare, then you should have moved to an area where the government could serve your ice needs better. I guess the ice man could just not sell any ice all together. Would that be better?

    But yet again.. if no one paid $20 a bag, how long do you think the ice man would be able to hold that pricing? Not very long, as his cost of maintaining the ice would skyrocket and would eventually put him out of business, just as it would to ammo vendors that had raised their pricing to historic levels during the panic.
    Inventory cost money to maintain, without money coming in from sales, it will only be a matter of time before that vendor decides to go out of business, falls into massive debt or lower their prices.
     
    Every Day Man
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