Pennsylvania Firearm Owners Association
Page 2 of 3 FirstFirst 123 LastLast
Results 11 to 20 of 23
  1. #11
    Join Date
    Nov 2007
    Location
    Belly of the BEAST, Pennsylvania
    (Montgomery County)
    Posts
    2,162
    Rep Power
    21474853

    Default Re: Who makes all the money on a gun sale?

    Quote Originally Posted by gnbrotz View Post
    MSRP was $788. Their "full price" was $858, knocked down to $838 without me asking.
    That was just to set the "hook" on your purchase.
    Very common sales tactic. Made you feel some sort of obligation and like you were "getting hooked up and looked after".

  2. #12
    Join Date
    Oct 2012
    Location
    Douglassville, Pennsylvania
    (Berks County)
    Posts
    8,847
    Rep Power
    21474854

    Default Re: Who makes all the money on a gun sale?

    From what I have heard, marines55 does
    If you are not part of the solution, you are part of the problem. Where do you fall?

  3. #13
    Join Date
    Oct 2009
    Location
    Ambridge, Pennsylvania
    (Beaver County)
    Posts
    2,342
    Rep Power
    21474851

    Default Re: Who makes all the money on a gun sale?

    All pricing is set on volume. Period. Be it the buying from a wholesaler or buying direct.

    That is the way now. For just about everything. It's all about big retailers and volume.

    Being a small shop with a wholesale account I can tell you that profits on a gun let's say under $1000 just sucks. There is only really decent money on guns 1200 or more. Of course this is at my discount level.
    www.Steelvalleycasting.com is your new home for coated bullets and custom ammo.

  4. #14
    Join Date
    May 2007
    Location
    Chambersburg, Pennsylvania
    (Franklin County)
    Age
    51
    Posts
    11,714
    Rep Power
    21474863

    Default Re: Who makes all the money on a gun sale?

    Quote Originally Posted by icp4life162005 View Post
    That was just to set the "hook" on your purchase.
    Very common sales tactic. Made you feel some sort of obligation and like you were "getting hooked up and looked after".
    There was no hook to set. I made contact. Asked for a specific model, times two, then asked for the out the door total so I could bring the right amount of cash. I only looked up the MSRP as a reference, and would have happily payed their "full" price.

    I don't haggle on guns, new or used. If the price is too high, I simply move on.
    Get your "Guns Save Lives" stickers today! PM for more info.

  5. #15
    Join Date
    Nov 2007
    Location
    Belly of the BEAST, Pennsylvania
    (Montgomery County)
    Posts
    2,162
    Rep Power
    21474853

    Default Re: Who makes all the money on a gun sale?

    Quote Originally Posted by gnbrotz View Post
    There was no hook to set. I made contact. Asked for a specific model, times two, then asked for the out the door total so I could bring the right amount of cash. I only looked up the MSRP as a reference, and would have happily payed their "full" price.

    I don't haggle on guns, new or used. If the price is too high, I simply move on.
    I understand your side, just explaining how/why he "helped" you out with that extra discount without you even asking.

  6. #16
    Join Date
    Feb 2010
    Location
    Levittown, Pennsylvania
    (Bucks County)
    Posts
    9,293
    Rep Power
    21474858

    Default Re: Who makes all the money on a gun sale?

    I had posted this situation once before, but it is interesting so here goes. Son obtained a gift certificate for $200 from a LGS and gave it to me for a birthday present. It was clearly marked "expires in one year from issue date". (I think that is a pretty shitty business model).

    Thompson Center came out with a Compass in 6.5 Creedmoor. I saw them advertised online for around $270. This LGS wanted $399 and had to order it from Smith and Wesson (which had taken over TC). I told them it was available for $270 elsewhere and was met with accusatory disbelief "I can't buy it for that". Faced with an expiring certificate, I had to agree to the price. Evidently, his ability to acquire (wholesale slot) was low, and the customer's money high.
    There are two kinds of guns. Those I have acquired, and those I hope to.

  7. #17
    Join Date
    Nov 2007
    Location
    Belly of the BEAST, Pennsylvania
    (Montgomery County)
    Posts
    2,162
    Rep Power
    21474853

    Default Re: Who makes all the money on a gun sale?

    Quote Originally Posted by Bang View Post
    I had posted this situation once before, but it is interesting so here goes. Son obtained a gift certificate for $200 from a LGS and gave it to me for a birthday present. It was clearly marked "expires in one year from issue date". (I think that is a pretty shitty business model).

    Thompson Center came out with a Compass in 6.5 Creedmoor. I saw them advertised online for around $270. This LGS wanted $399 and had to order it from Smith and Wesson (which had taken over TC). I told them it was available for $270 elsewhere and was met with accusatory disbelief "I can't buy it for that". Faced with an expiring certificate, I had to agree to the price. Evidently, his ability to acquire (wholesale slot) was low, and the customer's money high.
    I'd have sold the gift card and bought the rifle elsewhere.

  8. #18
    Join Date
    Dec 2008
    Location
    Scranton, Pennsylvania
    (Lackawanna County)
    Posts
    2,864
    Rep Power
    21474852

    Default Re: Who makes all the money on a gun sale?

    "expires in one year from issue date".

    The federal Credit CARD Act of 2009 requires that gift certificates and store gift cards be valid for not less than FIVE years. for five years. Issuers can charge an "inactivity fee" if the card has not been used within 12 months, but that amount is regulated too. See 15 U.S.C. 1693l-1.
    "...a REPUBLIC, if you can keep it."

  9. #19
    Join Date
    Jul 2009
    Location
    Plymouth Meeting, Pennsylvania
    (Montgomery County)
    Posts
    2,594
    Rep Power
    5795835

    Default Re: Who makes all the money on a gun sale?

    To be pedantic, lets define a term: Profit.

    This profit exists after the following considerations: Cost of Goods Sold, Labor, Depreciation (if applicable), rent, utilities, bank fees, shrinkage (stuff disappearing from the store, theft, loss etc), taxes, finance charges if applicable. There is a lot there.

    The choice goes like this... Do you like having a local gun shop? If yes, buy from them. If No, do not buy from them. It really is that simple.
    Join the groups protecting your rights from the fools trying to take them from you!

  10. #20
    Join Date
    Oct 2012
    Location
    Douglassville, Pennsylvania
    (Berks County)
    Posts
    8,847
    Rep Power
    21474854

    Default Re: Who makes all the money on a gun sale?

    Quote Originally Posted by Steve_NEPhila View Post
    To be pedantic, lets define a term: Profit.

    This profit exists after the following considerations: Cost of Goods Sold, Labor, Depreciation (if applicable), rent, utilities, bank fees, shrinkage (stuff disappearing from the store, theft, loss etc), taxes, finance charges if applicable. There is a lot there.

    The choice goes like this... Do you like having a local gun shop? If yes, buy from them. If No, do not buy from them. It really is that simple.
    This is true and you have no idea how much the overhead is for a retail store. I can't understand how they even turn a profit.
    If you are not part of the solution, you are part of the problem. Where do you fall?

Page 2 of 3 FirstFirst 123 LastLast

Similar Threads

  1. Replies: 7
    Last Post: February 23rd, 2022, 09:58 PM

Bookmarks

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •