How to price a rifle?

[Waterfowler75]

Reposting from another thread as I put it in the wrong forum apparently….

I want to sell a decent quality rifle but I’m not sure how to price it. First response on original thread was to keep an eye on Gunbroker. I’ll look at that site.

It’s a solid and accurate rifle, it’s just too much gun for me. (300 mag). My searches don’t show many equivalent models.

Secondary question- what’s the best way to avoid getting ripped off in a remote transaction?

Thanks for the advice in advance.

 

[RockAndSage]

Gunbroker for realistic market pricing, USPS money order for 100% certainty of not being ripped off. Price the gun at 30% below market value if you want it to move fast.

 

[Axlrod]

So the advice you were given, was to get pricing from GB, and you haven't. Now you want more/different advice on how to price it??

 

[Waterfowler75]

So the advice you were given, was to get pricing from GB, and you haven't. Now you want more/different advice on how to price it?

Correct, seeking all options. GB has nothing comparable in the last few weeks, and was a single reply of advice before thread was deleted.

 

[Waterfowler75]

Gunbroker for realistic market pricing, USPS money order for 100% certainty of not being ripped off. Price the gun at 30% below market value if you want it to move fast.

Thanks I’ll keep. Checking GB.

 

[Axlrod]

Correct, seeking all options. GB has nothing comparable in the last few weeks, and was a single reply of advice before thread was deleted.

Ok so go to GB and then Advanced search then completed. This is real world what someone paid. Take emotion and opinion out of the equation.
Or post on GB with good pics, you will get what it's worth.

 

[OneShot]

I’d just google the gun you’re trying to sale and add “for sale” in your google search. I’ve had guns I was listing to sell come up on multiple forums and it gave me an idea what it was worth.
What gun are you looking to sell?

 

[Waterfowler75]

I’d just google the gun you’re trying to sale and add “for sale” in your google search. I’ve had guns I was listing to sell come up on multiple forums and it gave me an idea what it was worth.
What gun are you looking to sell?

This is good advice thanks. I don’t know why I didn’t think of this or GB. Lots to learn. Typically I would have a friend that was a dealer sell it on consignment but he’s not taking anything in right now due to a slow market. (According to him).

It’s a Bergera premier highlander 300 mag. Too much gun for me. Afraid of it. lol.

 

[pods8 (Rugged Stitching)]

USPS money order for 100% certainty of not being ripped off.

They aren’t 100% unless you allow time for the bank to truly verify it, there are forged money order scams and the banks will revert the funds if it turns out to be fake even if they initially accept it.

 

[Machingeaneer]

There are multiples of the same rifle in several different calibers that have been listed and sold on here. If you're gonna list it here I would use those as your starting point.

 

[Halligan]

I’m interested in the how to not get ripped off question as well.
As it pertains to pricing, lots of good advice so far but this is my system.

Price= replacement cost + cost of alterations (then adjust for demand)

Using my 1970’s M70 for example (bought used, 100% bluing)

$500 (buy) + $450 (stock refinish, glass bed/float, recoil pad)= $950

Based on demand/customer, the range will be $750-$1k resale. Some guys who do their own work won’t value it based on a pro doing it, but others will. Then you have the fanboys of the particular model, and those who could care less.

At the very least the formula gets you in the ball park, or helps you find a price floor for the minimum you should take without getting too nuanced.

Note that repairs don’t get included, as they are to retain baseline functionality