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Posted: 10/18/2017 4:48:55 PM EDT
[#1]
20%
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Posted: 10/18/2017 5:28:33 PM EDT
[#2]
There is no "official" percentage. A lot depends on (a) how much business you've done with the dealer, (b) exactly what it is you are selling, and (c) whether you are willing to do a consignment deal.
I'd say 20% is average. If you're a regular customer, and it's a gun that can be sold quickly, you might get by with 15%. And some dealers just won't do business with anyone who won't take a 25% cut. On a consignment deal, where the dealer doesn't front you any money, you might be able to only pay them 12-15%. I've handled the estates of several MG-owning shooting buddies and only charged their heirs 10%, most of which goes to cover overhead (photography, creation of and placement of ads, etc.) as well as the time I spend answering emails and phone calls, taking additional photos, etc. When you are selling a high-four or five-figure gun, you get a lot of tire-kickers ... and even the serious buyers can be nit-picky. Unless the dealer already has a customer looking for your exact model, selling MGs for full market value can be a time-consuming project, and meanwhile they've got their money tied up in your gun. Generally, they earn that markup. Your Mileage May Vary. |
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Posted: 10/18/2017 9:31:16 PM EDT
[#3]
I would say 20% would be high, but it seems fair. A realtor gets about 7%. 7k on a 100,000 sale is about the same ammount of work as 6k selling a 30,000 m16rr. 14k on a 200,000 house is pretty close to a 70k rare belt fed. It sounds like a lot, but they do a lot of work.
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Posted: 10/18/2017 9:44:02 PM EDT
[#4]
Quoted:
When selling a machine gun to a dealer, what is the loss of market value - aka what is the trade in value vs selling price? Depends on the dealer. Believe it or not, a lot of the big collections are sold at 50% or less of FMV. They get away with this because the dealer can pay cash on the spot, and the seller does not want to deal with selling lots of guns on at a time. As a result, a lot of big dealers will not even deal with a single guy selling a single gun, unless it is easy-peasey and probably 1/3 off min. |
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Posted: 10/20/2017 7:46:40 AM EDT
[#5]
I contacted frank to "sell" my m16 just for fun once and he offerd about 80% of market value. So if you buy a MG you should be able to sell it to a dealer and break even after about 2 years of ownership
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Posted: 10/20/2017 2:26:26 PM EDT
[#6]
In the summer of 2015, I decided to trade my factory Colt M16-A1 in on a Thompson SMG.
I was offered $22K by the dealer just to buy the gun from me and $23K in trade toward an in stock Thompson. I believe they were going for about $24K at the time. |
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Posted: 10/21/2017 10:23:38 AM EDT
[#7]
Quote HistoryQuoted:
Depends on the dealer. Believe it or not, a lot of the big collections are sold at 50% or less of FMV. They get away with this because the dealer can pay cash on the spot, and the seller does not want to deal with selling lots of guns on at a time. As a result, a lot of big dealers will not even deal with a single guy selling a single gun, unless it is easy-peasey and probably 1/3 off min. Quote HistoryQuoted:
Quoted:
When selling a machine gun to a dealer, what is the loss of market value - aka what is the trade in value vs selling price? Depends on the dealer. Believe it or not, a lot of the big collections are sold at 50% or less of FMV. They get away with this because the dealer can pay cash on the spot, and the seller does not want to deal with selling lots of guns on at a time. As a result, a lot of big dealers will not even deal with a single guy selling a single gun, unless it is easy-peasey and probably 1/3 off min. The few times I've sold machine guns, most dealers weren't even interested in talking to me, but that was quite a few years ago (last time was in 2011) when there were a lot more machine guns in the market place. The landscape is more lean now, so dealer attitudes may have changed. Best of luck! MHO, YMMV, etc. ETA: One of the city of St. Louis, MO PD Model 1927 Thompsons is for sale now at $47.5K. |
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