AR Sponsor
Posted: 6/2/2005 12:34:48 PM EDT
|
As I read through the threads, I feel that many people think that every firearm they purchase will increase in value. I have (and had) many firearms in my safe over the years, most are shooters and unless I fell I "stole" it when I bought it, I don't look at them as money makers. Don't get me wrong, I have them as investments but my 401K and my properties are doing much better to make me money. I have 2 questions for the group. 1. Do you feel the most firearms increase in value? (after being fired) and 2.Would a "brand name" complete rifle bring a better resale compaired to a fabricate unit. (for dollars spent) wadayathink? |
collectors 
|
Any product they are still making more of will never be an investment and will never appreciate in value, regardless of what it is. Any substitute/like kind product to what you own that they are making more of will cause whatever you own to not be an investment. This applies to everything. Examples: Land - great investment, they are not making any more of it Gold/prcious jewels - in the long run value goes up, however could fluctuate if more is found etc. But ypically it fits the scenario Old AR's like SP1's etc - not an investment, as long as there are like and substitute guns out there, you're really old AR will never appreciate in value. Vehicles - dont even ask, definately the worst buy a person can make This scenario does not fit for people who buy a product below market and sell it at market or a little above. That is not an investment. An investment is something that appreciates on its own. |
|
1. Too many variables to give any kind of yes-no answer. a. What kind of gun is it? b. Is it still available? c. How much did you pay for it? (did you get a great deal on it or over pay?) d. Was it kept in good shape? e. How long have you had it? As you already pointed out, there are much better investments but often, you can make a profit buying, using and then selling firearms. Would I buy a gun specifically for that purpose? Usually no but I could see a few situation were I would. Some of my guns are still worth what I paid for them. Some more and some less. What I do like about this hobby is, generally speaking, you won't loose much on a firearm if you do sell it down the road unlike some other hobbies. Many other hobbies involve taking heavy looses when the timer comes to thin out and\or upgrade. 2. Just watch the EE for a while and you will see that factory built rifles almost always have a higher resale value. IMO, the best way to sell a home built AR and get the majority of your money back is to sell it the same way you bought it, as parts. Just my $.02 |
AR Sponsor