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Posted: 7/16/2010 6:31:07 PM EDT
Are gun and pawn store crazy?  I walked into my local gun store a few weeks ago and I saw WASR-10 for over $600! So today I took my WASR-1063 to a local pawn store to see how much she worth. I have no intention whatsoever to sell, I merely trying to see what kind of price I will get.

The guy at the pawn store basically told me that my rifle was worthless to him.  That it was going cost him more than it worth.  I know he was bullshiting me, because he have another WASR-10 on the rack for $600! I guess one man treasure is another man garbage.  The guy pointing out that my rifle was full with flaws.  To the contrary my rifle have function flawlessly, except for one stovepipe and one FTF.

So what do you guy think?  Are all the gun and pawn store like this.  Are all of them so out of touch with reality?
Link Posted: 7/16/2010 6:36:32 PM EDT
[#1]
I think the schmuck bought into the one that he has for more than what it's worth during the maobama scare of '08/'09.  They dealer cost for about half of what he's asking now and he's hosed.
Link Posted: 7/16/2010 6:36:44 PM EDT
[#2]
Quoted:
Are gun and pawn store crazy?  I walked into my local gun store a few weeks ago and I saw WASR-10 for over $600! So today I took my WASR-1063 to a local pawn store to see how much she worth. I have no intention whatsoever to sell, I merely trying to see what kind of price I will get.

The guy at the pawn store basically told me that my rifle was worthless to him.  That it was going cost him more than it worth.  I know he was bullshiting me, because he have another WASR-10 on the rack for $600! I guess one man treasure is another man garbage.  The guy pointing out that my rifle was full with flaws.  To the contrary my rifle have function flawlessly, except for one stovepipe and one FTF.

So what do you guy think?  Are all the gun and pawn store like this.  Are all of them so out of touch with reality?


Yeah....a local shop is selling WASRs for 560.  Instead of that BS, I bought from AIM and had the same shop transfer it in for me.  I was surprised that they didn't ask me what I paid for it when I went to pick it up.

Then again, they may not give a shit since the KNOW they will sell that 560 dollar (not OTD price btw) WASR to some uninformed person.
Link Posted: 7/16/2010 6:39:29 PM EDT
[#3]
I have never once found a good deal on anything firearm related at pawn shops. The only items I have found that you can get a deal on are power tools - but those are most likely stolen. It pisses me off when ever I see pawn shops ripping people off with their overpriced, shitty guns. But I guess if people are stupid enough to buy 'em so be it.
Link Posted: 7/16/2010 6:50:30 PM EDT
[#4]
Quoted:
Are gun and pawn store crazy?  I walked into my local gun store a few weeks ago and I saw WASR-10 for over $600! So today I took my WASR-1063 to a local pawn store to see how much she worth. I have no intention whatsoever to sell, I merely trying to see what kind of price I will get.

The guy at the pawn store basically told me that my rifle was worthless to him.  That it was going cost him more than it worth.  I know he was bullshiting me, because he have another WASR-10 on the rack for $600! I guess one man treasure is another man garbage.  The guy pointing out that my rifle was full with flaws.  To the contrary my rifle have function flawlessly, except for one stovepipe and one FTF.

So what do you guy think?  Are all the gun and pawn store like this.  Are all of them so out of touch with reality?


You brought your rifle in to basically waste the guy's time.  So, he likely just wasted yours in turn.  What did you expect?
Link Posted: 7/16/2010 6:55:47 PM EDT
[#5]
Why would a pawn shop or a gun shop pay anyone retail for a used gun?
Link Posted: 7/16/2010 7:08:56 PM EDT
[#6]
They don't care anything about what they sell as long as they can make as big a profit as they can.
All they are waiting for is some gangbanger wanna be to walk in and think its 'off da hook' and buy it.
Link Posted: 7/16/2010 7:34:07 PM EDT
[#7]
I worked in one for almost two years and it is sickening. My boss/owner said if I know it's worth 800 retail even used as is then I am to never give more than 200 bucks. He said to cover his costs and to pay me. I had alot of heartache in that job. I was fired for paying out to much on items when I never even gave half of the true retail value on anything. When I was younger I had a very expensive gold chain I used to wear around like I was roller. well when I needed money for that 3000 dollar gold chunk I was offered 180 dollars for it. If you've ever seen pawn stars the people that come in thinking they have somthing worth alot and around my area everyone thinks their junk is worth a fortune. They find out it's not That is hard to deal with. As always stated it may not be worth somthing to them but it may be priceless to it's family!
Link Posted: 7/16/2010 7:41:11 PM EDT
[#8]
their not all crazy, i bought my WASR for $400 from a gun stor,e $100 cheaper than any other local store.
Link Posted: 7/16/2010 7:41:52 PM EDT
[#9]
I didn’t tell him upfront I was just trying to get a price check.  I went in, I ask if I would to sell this to you how much will I get? I never expected to get full retail value on her. I actually expected to get no more then $150 for her, probably less.  But to actually tell me my rifle was worthless is a little much, especially when you have the same item on the rack right behind you for $600.  But again I never expected to be offer anything close to that.

About wasting his time, how am I wasting his time exactly?  I very sure that hundreds of people walk into that store every week and do nothing more than browse and ask questions.  Is it wrong to ask questions and browse?  Again he have another WASR on the shelf, in the same condition as mine with same fit and finish, and somehow that worth $600! Don’t get me wrong you do have a value point Rayman1.
Link Posted: 7/16/2010 8:03:06 PM EDT
[#10]
It depends on the gunstore you go to. I just bought an AMD65 from centerfire for $399, when it arrived, the FFL I had it sent to had the same AMD65s on the wall with a list price of $899.99 . I walked into a different gunstore today looking for some ammo and the most expensive AK they had was an $800 VEPR and a $585 milled MAK90 with the cheapest AKs being a $300 Norinco Hunter, and a $330 WASR.

Pawn shops are always out of their minds though. I always see used 10/22s going for more than new because it has a cheap china scope on it or some crappy aftermarket stock.
Link Posted: 7/17/2010 10:28:31 AM EDT
[#11]
A local shop here has a preban Chinese AK.... no Poly or Norinco markings? that is a beater at best for $1200 and keeps repeating its a preban !!! Who cares, here in Indiana preban means squat and the condition is less than 50% so good luck with it.
Link Posted: 7/17/2010 11:18:37 AM EDT
[#12]
Quoted:
I have never once found a good deal on anything firearm related at pawn shops. .


Ruger 10/22s with metal trigger guards for $100.00 to $125.00 is what I buy at pawn shops. Beats buying a new one for $200.00 when I am just going to rebuild it and the new ones have the plastic trigger guard group. Ones I would cruise would also have Makarov pistols for $150.00-$175.00 and they would knock the price down for me due to LEO status at the time.

Link Posted: 7/17/2010 1:05:34 PM EDT
[#13]
Some of the best deals I have ever gotten were from pawn shops.  Like the $65 Remmington p17 [that was hung up with $85 Moisin Nagants...]
Link Posted: 7/17/2010 2:19:23 PM EDT
[#14]
I remember about a year ago I when't to a pawn shop and I was trying to find a SKS for no higher then 300. The guy told me you'd never find a SKS for under 300 which at the time was total BS(there where a bunch for 200 at the time for private sell).

he tried to get me to buy a WASR for 800, told him no thanks. They did have new cobra 380's for 140 not bad.

I recently saw a CAI Tantal for 800+ at impact guns then checked on there website and they were 599.

Not to mention the gun show, used CAI Tantal for 700, High Point 995 with no sights for 250, someone need's to go there with fair prices they would clean up.

The best place I've gone to around hear is Gunnies in Orem my tantal was 450. They have AR's starting around 600 & 91/30's for 89, Great Store.

Pawn Shop's usually buy and sell at unfair prices, thats how they make a profit.
Link Posted: 7/18/2010 12:40:03 AM EDT
[#15]
Pawn Shops are seriously a hit or miss.

About 3 years ago, I picked up a used (like-new) HK P9 in .45acp for $399.00 and a used S&W 29 .44 mag for $375.00, but lately since all the pawn shops in my area are owned by one company... Cash America, they suck sooooooo bad with pricing that I don't even waste my time even looking at them anymore.  

I did eye an used new Ruger 10/22 in very good condition, but after seeing that price of $300.00, I laughed and said I'll just go to WalMart or Sports Authority and pick up a brand new one for $225.00...  They will not even come down on their pricing until its been on display for over 90 days and than only to a max of 10%!!  

For the last two years, I haven't bought any firearms from a Pawn Shop, just used DVDs and Blu-Rays.
Link Posted: 7/18/2010 4:18:28 AM EDT
[#16]
I don't even go to pawn shops anymore.  I have never seen a deal on anything at one.
Link Posted: 7/18/2010 5:00:42 AM EDT
[#17]
The last gun I bought at a pawn shop was a beretta 391 sporting shotgun....box was marked "unfired" like-new...asking 799.

I asked the counter guy to field strip it for inspection, which prompted him to pretend like he didn't know how to do it.  He had another sales guy come over and "wrestle" with it a little then finally get it apart to reveal PLENTY of residue and a dinged bore.....so much for "unfired"

I got them to knock it down to 699 based on the real condition and the embarrassment of their being outed in their ruse.  Ordinarily, I wouldn't have bought it just on principle but this particular shotgun has been very hard to locate in used status.
Link Posted: 7/18/2010 7:45:52 AM EDT
[#18]
$600 is the going rate, if not a little low at all the gun shops around here.  I found everything to be almost double the price for what it is online.  7.62x39 is $8 a box in every gun store, saw a used Norinco SKS for $475 in a store the other day.  I just wonder if these shops actually have distributors or do they just order from aim surplus and then mark the price up.
Link Posted: 7/18/2010 9:24:55 AM EDT
[#19]
I remember when a WASR would go for under $400. With the Obama won and the unfounded fear kicked in, many gun sellers were making a killing due to the fear-mongering. I guess some were too busy counting their money to notice the fear/prices dropping and some got stuck with now overpriced guns on their rack.

$600 for a new Wasr is not a bad price, even by today's prices. I think its bull shit that he thinks your gun is worthless. It is part of his sales pitch to take it off you hands at a fraction of the price...and then sell it for $600.
Link Posted: 7/18/2010 10:09:30 AM EDT
[#20]
Not all pawn shops are rip-off's waiting to happen.  I recently bought one in Northwest Arkansas and invite anyone to check out my prices.  On used guns, I try to price them at auction prices plus a little wiggle room or very close.  On a few they may be higher, depending on what we have in them.  I don't think we have anything priced higher than retail on used guns.  If a knowledgeable buyer can show me where I am too high, I will give fair consideration to their price/offer.

Yes, I do pay significantly less than retail price for the guns and then mark them up to around 75% of retail, but I would not stay in business long without a profit.  Between building rent, insurance, labor, utilities etc.  The first $9000 per month is spent before a dime of profit is seen.

By the way, I do transfers for $20 and I am happy to do them.
Link Posted: 7/18/2010 10:12:34 AM EDT
[#21]
Saw this and it made me smile.  If you've seen the show, you know it fits:







 
Link Posted: 7/18/2010 11:12:15 AM EDT
[#22]
Quoted:
I remember when a WASR would go for under $400. .......
$600 for a new Wasr is not a bad price, even by today's prices. ...


You can get them for $399 all day...all you want too..
$399 WASR
Link Posted: 7/18/2010 11:34:45 AM EDT
[#23]
Quoted:
Quoted:
I remember when a WASR would go for under $400. .......
$600 for a new Wasr is not a bad price, even by today's prices. ...


You can get them for $399 all day...all you want too..
$399 WASR


$365.00 WASRs at Dunhams today and Monday.

Link Posted: 7/18/2010 3:53:18 PM EDT
[#24]
A Pawn Shop owner friend of mine told me that his rule on purchases is to pay no more than 40% of wholesale. So if you bought a gun "Retail" for $150 and it sold "Wholesale" for $100 you are only getting $40 on a pawn at best. They may give a few bucks more to purchase, but probably not much if any. Just FYI....

AIRBORNE!!!!!
Link Posted: 7/18/2010 4:48:55 PM EDT
[#25]
Quoted:
Quoted:
I remember when a WASR would go for under $400. .......
$600 for a new Wasr is not a bad price, even by today's prices. ...


You can get them for $399 all day...all you want too..
$399 WASR


LOL. Let me clarify. I meant at actual gun shows (never known to have the best rock bottom prices).
Link Posted: 7/18/2010 8:19:16 PM EDT
[#26]
I'm lucky to live near a pawnshop that's pretty good. The owner seems to know the value of what he sells, but his prices are very reasonable, and on occasion, I've scored some really good deals: a Pre-64 Winchester M94 for $300, and a Winchester M97 for the same price. They only charge $10 for FFL transfers, and that's the place I always go.

Another pawnshop in town is the typical whitetrash magnet, run by greedy scum, but I was fortunate to score a Martini-Henry there, when the owner thought it was a .303 Enfield. I had no qualms about taking advantage of their ignorance.
Link Posted: 7/20/2010 8:38:41 AM EDT
[#27]
I have never once found a good deal on anything firearm related at pawn shops.

My experience is just the opposite. It's all the gun shops/ranges that are rip offs.
Link Posted: 7/20/2010 2:13:57 PM EDT
[#28]
Why is any of this surprising?
They are in business to make money. They don't give two shits what the item is, or what you think of it, or even what it is actually worth. What matters is how much someone will pay for it. That's the problem. Ignorant, uninformed buyers pay too much for things they know nothing about. Capitalism at work. I don't blame them at all for having overpriced stuff. If I could make 200 dollars extra on a sale to an idiot, then by god I'd wait for him to come along too.
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