What's keeping the price of handguns up?
With the huge shortage of ammo I can't understand how come the price of handguns has continued to either raise or stay constant. I would love to buy a new piece, but until there is a steady supply of ammo, I feel I would just be throwing away my money, right? What do you think? What good is a new pistol if I can't find the ammo for it?
Buy your your new gun and relax. The ammo will return, albeit, it might be higher priced than it used to be.
There's a lot of speculation and conjecture as to why the ammo shortage. Even those in the know, don't really know for sure.
I'm quite lucky. I bought ammo years ago, when I had my FFL and I was able to get what I wanted and rock-bottom pricing. Free shipping was included, if you met the minimum required purchase. It was delivered on a pallet and it was stacked about 6' high.
Anyways, the ammo shortage has pretty much run it's course. Now, it's just a matter of time until we start seeing it again, stacked tall and deep on the store shelves.
Due to various factors handgun sales have soared in recent months making the demand increase which tightens up the supply. As paratrooper said with ammo so it will go for weapons..........
It is doubtful that ammo and weapon prices will go back to the per-panic prices however in all likelihood they will subside some........
Actually, in N E Ohio anyway, handgun prices have been steadily coming back down. In the last couple of months, I've bought both a M&P9C ($509) and a 9 Shield ($419) from my LGS. Fin Feather Fur in Canton currently has M&P9C's on sale for $499.
Sorry, that's $499 for the 9C's! (Stupid fat fingers!!)
I too believe guns and ammo prices will subside. I do believe that one of the big differences to come will be that we as consumers will remember the venders/ store owners that tried to rape us during this ammo/gun shortage. My two cents!
Simple Economics 101: supply and demand.
Yes, there are certainly some dealers engaging in price gouging and the best thing to do is to cease doing business with them and get the word out about their practice during these times. The dealers in my area are reputable and are keeping their prices for both firearms and ammunition in line with their distributor costs (one in particular is a rock solid reputable business). So remember the good ones and punish the bad ones. The market will cull the herd.
...Well, in the matter of handguns, there are also government regulations and taxation involved. These factors, too, increase prices needlessly.
For instance: Certain handguns cannot be imported. Some of these "forbidden" guns, which are perfectly acceptable when manufactured here, would come at low price from low-wage countries; but instead the makers have to set up high-wage assembly stations here, thereby needlessly jacking-up the price.
This is a form of de facto prohibition, making the prices of certain guns too high to be easily afforded by "the common herd." But the funny thing is that, like most forms of prohibition, it doesn't seem to be working particularly well.
Here in N.J. there is hardly anything in the way of handguns on the shelves, if you're lucky enough to find one it's typically a higher-end (expensive) model and the price has been jacked to offset the business's lost income due to the ammo shortage. Once you factor in the wait time for a Pistol Purchase Permit (up to 6 months in some locales here) what you looked at last night might not be on the shelf when the time comes and FORGET getting any 9mm, .380, .22, .45, .38 special, .32 or .40 caliber ammo for your new purchase, you better be prepared to use it as a bludgeon for the foreseeable future (in your own home of course since NJ doesn't issue CCW permits).
Small shops MUST make up for their losses, their best time of year is "hunting season" otherwise they depend on the sales of ammo to "shooters" who hit the range regularly (after all how often do most buy firearms, other than during the "panic" of the past year?) so to offset the lost "ammo income" in addition to scarcity of product and fear of civil unrest/confiscation/prohibition prices have skyrocketed (even FFL transfer fees, some dealers here are charging $75-$100 for firearms NOT purchased in their stores).
As a side note: I returned last Monday after spending four (4) weeks just south of Daytona in Florida, while trying to pick up some .45 caliber ammo for my neighbor in N.J. (no luck in weeks of trying at multiple stores) I found most gun shops had plenty of both semi-auto handguns and revolvers, prices were lower than N.J. but handgun cartridges for 9mm, .380, .45, .40. .38 special, .32 and .22 was nonexistent. I met a few guys at Walmart, they took turns each day after work to check stock and buy for themselves and their friends/neighbors/co-workers rotating the duty each night, if you weren't there when it was delivered or within a few hours of it's being placed on the shelves you didn't get any.
If we want to exercise our 2nd Amendment Right's on a regular basis we may have to resort to using Civil War-style blackpowder pistols (won't THAT drive the anti's crazy?).
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