Effect of the Economy on NFA Items

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  • Texas1911

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    This is a topic I noticed on HK Pro, and figured I'd bring it up here. Do you think that in light of the corrective economic situation we are in now we will see a stagnation, or possible lowering of the value of NFA items?

    The argument has some merit as people will generally have less overall income and expendable income (mainly due to saving). This will remove some of the buying market for the NFA items. However at the same time the wealthy may see NFA items as a profitable long term investment as they have in the past and correct any down turn in the market.

    What say ye?
     

    David

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    I dont know what's gonna happen. I know prices are dropping on most everything, except the extreme rarities. Obviously DDs, Supressors, SBR/SBS, and AOW are for the most part exempt since they can be made everyday anyday.

    I dont know if people will sell low to get cash and save; keep the prices where they're at going off previous prices; or if they're flatlining just because the value at what the market is at is all it can support.


    All I know is Im a buyer and not a seller, and I like what I see.
     
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    I think with the price of most NFA weapons, only the higher income brackets can afford them, and won't be affected as much as your average joe. As you said, there are also people who use them as investments, which for those people, there would be no reason to dump them at a loss unless they were in a pinch. I don't there's much to stop the increase in these weapons.
     

    Austin Cowart

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    well

    Even if we saw a 20 percent decline in prices you would still be spending 3200 on a mac 10 or 11 as opposed to 4000 so i dont honestly think it would make a difference seeing as you have that kind of money to blow in a recession. But who knows i mean 14,000 for an MP5 instead of 18,000 isnt a bad deal but i guess you dont need a new car or need to put a kid through college either.
     

    mac79912

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    makes me wonder if they are lowering the prices because they may try to ban these weapons.
     

    kingofwylietx

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    I don't think the expectation of a ban would lower an NFA items value, I think it would have the opposite effect. Generally, firearms are grandfathered.....so you would expect their value to increase significantly if new production/conversions were banned. This is what we saw with hi-cap mags and the Brady Bill.

    I think NFA items are fairly resistant to general economic trends. It is a niche market that is driven by desire, they are a luxury item. Some potential buyers or sellers may may be affected if they have a large percentage of their wealth in volatile real estate markets or the stock market.
     

    Texas1911

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    I don't think they will ban the automatic weapons. Alot of large corporations invest in them, as well as many other affluent people. They would be going up against the NRA's pocketbook members, and would get the hardest fight ever.
     

    David

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    I don't think they will ban the automatic weapons. Alot of large corporations invest in them, as well as many other affluent people. They would be going up against the NRA's pocketbook members, and would get the hardest fight ever.
    The NRA doesnt care for machine guns.
     

    David

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    They care about their income, hence when it comes to it, they will care about machine gun owners. That's where the money is.
    I think there's enough deer hunters and sport shooters to negate that flow.
     
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