Originally Posted By tony_k:
Originally Posted By cyborg543:
I've been trying to guess how high M16s will go before the average buyer either cannot or will not buy one.
It's practically the ideal MG to own, cheap to run, a niagra river of parts and accessories, it's the current bad ass USGI main battle rifle, made by a first rate famous maker. There's no down side of any kind.
30K? who knows?
I won't presume to tell you what will
happen ... but here's something that could
More and more MGs will be owned not be individuals, but by corporations set up to own them, with several individuals chipping in and, in return, getting stock shares that reflect usage, according to proportions. If this does happen, all MGs could eventually climb over 100k.
This is what happened with private aircraft.
Back in the '60s, the going price for a nice used 1940's Taylorcraft BC-12 two-seater was $2,000. A high-school buddy of mine who was obsessed with flying bought one for that when he was 16, in 1967. He had worked hard every summer, nights, weekends to raise the $$$ over several years. A lot of money at the time, when new Mustang convertibles were $3k, but still do-able for a high-schooler who worked hard and knew how to save.
The product liability lawsuits drove the private aircraft manufacturing industry almost to extinction. What few were still being built had huge pricetags, to cover the liability issues. And insuring an aircraft is also a huge expense today.
So what happened? More and more, a few buddies got together, pooled their money, and bought a plane, usually using a corporation to keep things straight and legal. The price and insurance was impossible for one person, but with five people each paying 20%, it's do-able. Besides, you don't use a private plane every day of the year –– and avgas ain't cheap, either. So each of the five partners gets 72 flight days each year, and that covers their Flying Jones.
I know some guys who already do this with more expensive MGs, through corporations. It's also a great way to own a piece of a small collection –– say, an M16, an MP5 and an M60 –– for a total of $15k instead of having to shell out $75k.
But one side effect of ownership through partnerships: It allowed the market price of the shared item to keep climbing and climbing, way beyond what the average individual could afford.
So, I guess we'll see how high MGs go .... but I really don't think M16s will level off anywhere near $30k. Just my prediction; Your Mileage May Vary.