How to price a rifle to sell?

[uneducated_outdoorsman]

I’m looking at changing out rifles and my Winchester M70 EW is still
In great nick. I just don’t know how to price it to sell? People that like them, love them. However I don’t want to out price what’s it’s actually worth. Sub 500 rounds in my ownership, unknown before that.

Any help is appreciated

 

[Jagged77]

I’d say take a look at recently sold similar examples, take consideration of the calibre and round count and highlight anything that makes it a particular desirable example. If it’s run of the mill with a barrel that’s halfway through its life or more then don’t set your sights too high! Having said that, list it and see how you get on. You can always come down in price - it seldom goes the other way. Also price what it’s worth to you - I take it you want to make way for an upgrade? Therefore your price might reflect how quickly you want it to sell. I listed one for free last year and had no takers!

 

[Tim.243]

I’m looking at changing out rifles and my Winchester M70 EW is still
In great nick. I just don’t know how to price it to sell? People that like them, love them. However I don’t want to out price what’s it’s actually worth. Sub 500 rounds in my ownership, unknown before that.

Any help is appreciated

Ask your local gun shop for a trade in price that will give you a guide, people start dropping prices of kit after a while on here so when they do it was too much for starters.
2/3rd of what you paid for it as you want to sell it and move on, it is time to let someone else enjoy it.

 

[Pedro]

Have a look at such sites as Guntrader and Gunstar to see what they are being advertised for to give you a baseline figure. If yours is in excellent condition then add a bit. If you want a reasonably quick sale then reduce a bit. But bear in mind that advertised prices might not be quite what they actually sell for. Although for popular rifles, it probably worth sticking to your guns (pun intended).

It's not an exact science. Basically you want to hit that sweet spot where you are happy with what you get and the buyer is happy with what is paid.

 

[uneducated_outdoorsman]

Ask your local gun shop for a trade in price that will give you a guide, people start dropping prices of kit after a while on here so when they do it was too much for starters.
2/3rd of what you paid for it as you want to sell it and move on, it is time to let someone else enjoy it.

I like that ethos, cheers for the reply and advice

 

[uneducated_outdoorsman]

Have a look at such sites as Guntrader and Gunstar to see what they are being advertised for to give you a baseline figure. If yours is in excellent condition then add a bit. If you want a reasonably quick sale then reduce a bit. But bear in mind that advertised prices might not be quite what they actually sell for. Although for popular rifles, it probably worth sticking to your guns (pun intended).

It's not an exact science. Basically you want to hit that sweet spot where you are happy with what you get and the buyer is happy with what is paid.

Agreed, thanks for the advice.

 

[patjack]

Be prepared for a shock, most dealers seem rammed with rifles-shotguns they can not shift and often won't or are not interested in purchasing unless you almost give them for free, it's a buyers market if you are very lucky 50% of the new price appears the norm if a private sale.

Not helped by falling numbers of people renewing their SGC-FAC's.

 

[Stevie/P]

Be prepared for a shock, most dealers seem rammed with rifles-shotguns they can not shift and often won't or are not interested in purchasing unless you almost give them for free, it's a buyers market if you are very lucky 50% of the new price appears the norm if a private sale.

Not helped by falling numbers of people renewing their SGC-FAC's.

I agree with this what I can’t understand is why dealers are asking ridiculously high prices for second hand rifles it makes no sense no wonder nothing is shifting.

 

[Greenmist]

60% of new price as a guide, be prepared to take less. Calibre and maker also affects price, some are more popular than others

 

[Ronin]

You will be looking at 50% of new price plus or minus dependant on condition for private sale

As a trade in you will be looking at 3-350 for a 1000 rifle

Less popular brands will be less as dealer value items they can “move on”

Winchester unfortunately are not popular despite there being absolutely nothing wrong with them

Has it the claw extractor - stainless- what caliber

 

[Shabz]

Advertise it on here for what you paid for it and reduce it by £5 per day until you sell it. Like a reverse auction. I’ve done that before and it worked well.

 

[Sniper308]

all depends on the popularity of the item for sale. Tikkas and sako tend to hold better value, other items you’ll easily lose 40%. Night vision and thermal are notorious for loosing value. As are custom built rifles.

 

[swagger700]

50% normally

 

[uneducated_outdoorsman]

Be prepared for a shock, most dealers seem rammed with rifles-shotguns they can not shift and often won't or are not interested in purchasing unless you almost give them for free, it's a buyers market if you are very lucky 50% of the new price appears the norm if a private sale.

Not helped by falling numbers of people renewing their SGC-FAC's.i

Be prepared for a shock, most dealers seem rammed with rifles-shotguns they can not shift and often won't or are not interested in purchasing unless you almost give them for free, it's a buyers market if you are very lucky 50% of the new price appears the norm if a private sale.

Not helped by falling numbers of people renewing their SGC-FAC's.

Is the number of firearm owners declining rapidly?

 

[uneducated_outdoorsman]

You will be looking at 50% of new price plus or minus dependant on condition for private sale

As a trade in you will be looking at 3-350 for a 1000 rifle

Less popular brands will be less as dealer value items they can “move on”

Winchester unfortunately are not popular despite there being absolutely nothing wrong with them

Has it the claw extractor - stainless- what caliber

M70 extreme weather - claw extractor - full stainless and fluted barrel, .308.
I bought pre owned as my first rifle and it’s worked a treat but now I know what I like/don’t like and fancy building up something.

 

[billy_boyle_2010]

I think it probably depends on the calibre a bit.

Some people probably have a rimfire slot they haven't got used to filling- so if your gun is interesting it may get attention.

Similarly- If your calibre is very rare- and the gun at least a bit different- again I think it's probably OK to sell.

But common guns in common calibres- harder. A significant percentage of shooters just won't risk a used gun. Especially given how hard it is to ensure you haven't got a lemon- and the risks to the barrel that moderators which haven't been removed pose.

It amazes me that every gunshop doesn't have a range avaliable. Most people wouldn't buy a car without at least some reassurance the thing actually drives. And if something goes wrong with a car- you can raise he'll and the dealer will normally sort it pronto.

A gun shop that considers 1 single brand of ammo managing what- 1-2 MOA @ 100 to be acceptable would annoy me.

 

[billy_boyle_2010]

I agree with this what I can’t understand is why dealers are asking ridiculously high prices for second hand rifles it makes no sense no wonder nothing is shifting.

In truth I have some sympathy for them. The used gun demand and resale seems to be decreasing year on year. They may well have paid a premium for the guns and can't face selling them at a loss.

Plus- if they are cheaper than new- and some buyers just won't risk buying used- they may not sell that many more even if they really dropped their prices? I don't know.