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Joined: Dec 2009
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OP
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Joined: Dec 2009
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After 4 months, I just got a response to an offer I made to purchase 120 acres of hunting land adjacent to my camp. Raising some cash would help make this a comfortable purchase.
I have 3 AR-15's; a Bushmaster HB target model, a S&W M&P-15A and a Colt 9mm 6450, along with about 40 good quality hicap magazines.
Since I don't shoot 3-gun or expect to confront hordes of the undead under a bridge on an abandoned freeway anytime soon, I guess I could live without these guns, especially with the prices they are bringing these days.
What would you do, and what would be the best strategy for determing prices and selling them ?
Life is like a purple antelope on a field of tuna fish...
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Joined: Nov 2009
Posts: 1,727
Campfire Regular
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Campfire Regular
Joined: Nov 2009
Posts: 1,727 |
Personally, I'd sell the bushmaster and colt and keep the S&W. The S&W can pull triple duty for plinking, home defense, and hunting while still being able to upgrade the upper reciever to a heavy caliber like 450 bushmaster, 6.8SPC, or 300 blackout.
Don't sell all three. You never know what need may arise in the coming years with the rumblings going on financially, and economically.
I don't drink or Smoke. I spend my money on gunpowder and gasoline.
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Joined: May 2007
Posts: 14,653
Campfire Outfitter
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Campfire Outfitter
Joined: May 2007
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Prices are coming down. I'd sell, especially to buy good land.
They're still making ARs, but God ain't making any more dirt.
your flippant remarks which you so adeptly sling
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Joined: Jan 2004
Posts: 3,168
Campfire Tracker
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Campfire Tracker
Joined: Jan 2004
Posts: 3,168 |
The high prices you're seeing are what people are asking, not what they're getting! I was at a gun show last weekend and I don't think one AR sold the whole time. People think they can get some rediculous prices but I haven't seen anyone buying at those prices.
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Joined: Oct 2012
Posts: 1,053
Campfire Regular
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Campfire Regular
Joined: Oct 2012
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Sell all 3 and buy the land. That's a no brainer. In 6 month's you aren't going to get half what you can now for the ar's but in 6 month's you could make money off the land. Land will never lose value.
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Joined: Dec 2011
Posts: 570
Campfire Regular
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Campfire Regular
Joined: Dec 2011
Posts: 570 |
I'd be putting them up for sale. I sold the one I had and got 3 Ruger left hand stainless rifles in 223, 300 Win mag, and 375 Ruger plus a bit of cash left over. In your case, I would buy the land, you can always get another AR in the future.
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Joined: Jun 2008
Posts: 13,357
Campfire Outfitter
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Campfire Outfitter
Joined: Jun 2008
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How much is the land? If selling the rifles only makes a small dent in the morgage then NO don't sell the guns. If by selling the guns you are getting enough capital to buy the land free and clear then YES sell them.
Like dmsbandit said keeping the S&W wouldn't be a bad thing.
Eat Fish, Wear Grundens, Drink Alaskan.
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Joined: Feb 2012
Posts: 1,450
Campfire Regular
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Campfire Regular
Joined: Feb 2012
Posts: 1,450 |
Personally, I'd sell the bushmaster and colt and keep the S&W. The S&W can pull triple duty for plinking, home defense, and hunting while still being able to upgrade the upper reciever to a heavy caliber like 450 bushmaster, 6.8SPC, or 300 blackout.
Don't sell all three. You never know what need may arise in the coming years with the rumblings going on financially, and economically. +1
I predict future happiness for Americans if they can prevent the government from wasting the labors of the people under the pretense of taking care of them. -Thomas Jefferson
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Joined: May 2011
Posts: 2,207
Campfire Regular
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Campfire Regular
Joined: May 2011
Posts: 2,207 |
If a couple of my AR's were the only thing standing between me being able to afford to buy more ground or not, it would be a no brainer for me.....sell......sell....sell...
Laws aren't preventative measures. In other words, more laws won't prevent gun crime from happening.
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Joined: Jan 2005
Posts: 57,494
Campfire Kahuna
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Campfire Kahuna
Joined: Jan 2005
Posts: 57,494 |
Dunno cost of land, but here selling all 3 would not buy you an acre even so I wouldn't even consider it.
Heck selling a gun or three unless it paid for a substantial portion of land wouldn't even be considered.
We can keep Larry Root and all his idiotic blabber and user names on here, but we can't get Ralph back..... Whiskey Tango Foxtrot, over....
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Joined: Dec 2002
Posts: 22,274
Campfire Ranger
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Campfire Ranger
Joined: Dec 2002
Posts: 22,274 |
No pressing things I need to buy now. I wouldn't mind trading off a 6940, but it would be for a very specific want item of similar value. If I sold it I'd have to ask the current silly prices, to then go buy what I wanted.
Only the OP knows his exact situation, and has to weigh the pros & cons. I personally don't see AR prices back where they were for a number of months, maybe a couple years - and that could unfortunately change with a politician's whim.
"...the designer of the .270 Ingwe cartridge!..."
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Joined: Jan 2005
Posts: 57,494
Campfire Kahuna
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Campfire Kahuna
Joined: Jan 2005
Posts: 57,494 |
On the other hand no telling what an AR to spare might be worth later down the line in a really bad situation..... could be worth more than gold...
We can keep Larry Root and all his idiotic blabber and user names on here, but we can't get Ralph back..... Whiskey Tango Foxtrot, over....
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Joined: Nov 2012
Posts: 322
Campfire Member
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Campfire Member
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Joined: Jan 2005
Posts: 57,494
Campfire Kahuna
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Campfire Kahuna
Joined: Jan 2005
Posts: 57,494 |
If I understand it rihgt, he is talking about buying MORE land.
For that I'd never sell a gun to fund 1/2 of 1% of the price if that probably.
We can keep Larry Root and all his idiotic blabber and user names on here, but we can't get Ralph back..... Whiskey Tango Foxtrot, over....
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Joined: Jan 2006
Posts: 7,205
Campfire Tracker
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Campfire Tracker
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Shoulda sold em last month, they arent bringing near what they were then.
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Joined: Nov 2012
Posts: 322
Campfire Member
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Campfire Member
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Shoulda sold em last month, they arent bringing near what they were then. Same thing around here prices falling.
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Joined: Nov 2009
Posts: 2,958
Campfire Regular
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Campfire Regular
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Posts: 2,958 |
Shoulda sold em last month, they arent bringing near what they were then. +1 Same deal here in South Dakota prices have dropped 3-4 hundred on guns that were 1800 3 weeks ago. Magnum Man
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Joined: Jun 2008
Posts: 13,357
Campfire Outfitter
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Campfire Outfitter
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Not here you can pretty much name your price.
Eat Fish, Wear Grundens, Drink Alaskan.
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Joined: Jan 2004
Posts: 3,168
Campfire Tracker
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Campfire Tracker
Joined: Jan 2004
Posts: 3,168 |
You're not worried about Zombies? I've been to the U.P. and know what people are up there you might want to reconsider your thoughts about Zombies!
Just giving you crap as living in the 906 is a dream of mine!
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Joined: Jan 2011
Posts: 4,831
Campfire Tracker
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Campfire Tracker
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Regardless of crazy prices, land is always worth more. If you really need the cash to swing it, I'd sell. So long as you can really afford it. Couple grand for rifles shouldn't make or break the finances if you can really affors the land. Unless it's so cheap that few grand will pay off a decent portion. In which case, I want your land broker!
Seriously, if it were me, the land is worth it. But I'd try to keep one rifle (the S&W) if I could.
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