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Fair trade wanted

Flounder2Flounder2 Member Posts: 4 ✭✭
edited February 2008 in Ask the Experts
I have a beretta model 21A-22LR.... It is in exelant condition. I recently applied for my CWP and was wanting to trade this gun outright or as close as possible to outright. I am planning on going to a local gun dealer tomorrow to check around. My question is what type of gun would be a fair trade. I am wanting a higher caliber weapon for protection and one also of about the same size as I will be toating it on my person. I just dont want to go in there blind and trade him my gun for a piece of junk because I dont no any better... For instance would it be a fair swap to trade for a Kel Tec 9mm. Would both used guns be about equal in value???? Any advice on what would be a even swap..... Thanks.... Pens Fl

Comments

  • duckhunterduckhunter Member Posts: 7,687 ✭✭✭
    edited November -1
    Your Beretta is $100.00 tops. Don't get much of a big bore for $100.00
  • Flounder2Flounder2 Member Posts: 4 ✭✭
    edited November -1
    Your advice is painful.....but appreciated
  • lovethemcoltslovethemcolts Member Posts: 536 ✭✭✭
    edited November -1
    No disrespect intended or implied.

    There is no such thing as a fair trade at a gun dealer.

    When a dealer takes a gun in for trade he gives you the trade in value or AKA Wholesale value for it.

    The dealer on most cases still charges you the retail value on the gun you are purchasing.

    Example: Keltec retail value 500.00, Your Beretta retails for 500.00 but the dealer only gives you 375.00. Difference is you pay 125.00 and are usually taxed on this amount.

    A gun dealer is alot like a car dealer and this type of transaction requires them to make two sales as profit.

    My 2 cents worth, is you are better off to retail your gun and than bargain off the retail price of the gun you are looking to buy.

    If you are commited to not hasseling with making two deals than I suggest actually shop several gun shops and take the best offer.

    I wish you the best and enjoy your new gun down the road.

    Mike
  • rufe-snowrufe-snow Member Posts: 18,650 ✭✭✭
    edited November -1
    I doubt very seriously that a gun dealer will trade you straight across a KelTec P 11, for your Beretta. You would be better off IMHO to sell the Beretta, or put it on this auction. Generally as a rule of thumb a dealer will allow 50% of what he expects to get out of it, for trade in purposes, at the most. The popularity and saleability of the gun that your trading also has a lot to do with it.
  • ladamsladams Member Posts: 604 ✭✭✭✭
    edited November -1
    Remember the dealer is out to make as much money off you as possible... by giving you as little as he can for your gun.... then marking it way up..... and at the same time is trying to get you to pay as much as possible for the new gun you want. There is no such thing as a "fair trade". Sell your gun privately to someone.... then try to negotiate the price on the new gun you want.
  • tsr1965tsr1965 Member Posts: 8,682 ✭✭
    edited November -1
    quote:Originally posted by lovethemcolts
    No disrespect intended or implied.

    There is no such thing as a fair trade at a gun dealer.

    When a dealer takes a gun in for trade he gives you the trade in value or AKA Wholesale value for it.

    The dealer on most cases still charges you the retail value on the gun you are purchasing.

    Example: Keltec retail value 500.00, Your Beretta retails for 500.00 but the dealer only gives you 375.00. Difference is you pay 125.00 and are usually taxed on this amount.

    A gun dealer is alot like a car dealer and this type of transaction requires them to make two sales as profit.

    My 2 cents worth, is you are better off to retail your gun and than bargain off the retail price of the gun you are looking to buy.

    If you are commited to not hasseling with making two deals than I suggest actually shop several gun shops and take the best offer.

    I wish you the best and enjoy your new gun down the road.

    Mike


    When an honest dealer gives you a trade in allowance, you have to remember one thing...he is there to make money. They might use the bluebook value, then they subtract 20-30 percent from that. They have a lot of overhead in inventory, insurance, and utilities. They have to cover it, or you would not have a place to trade in at.

    To answer your question, your Beretta would be worth 100-120 dollars on a trade, and you could walk back in the shop an hour later, and expect to see 150-175 dollar tags on it.
  • GrasshopperGrasshopper Member Posts: 17,042 ✭✭✭✭
    edited November -1
    Go trade for what you want, if the gundealer is not a dic, I would and gladly trade for what I need/ want, it keeps the good ones in business. Whats wrong with that. You can develope a working relationship with he/she for a positive on both ends.
    I have seen dics on both ends/ buyer and FFL, but mostly good people...nambu
  • Flounder2Flounder2 Member Posts: 4 ✭✭
    edited November -1
    Thanks for all of the advice guys.
  • bobskibobski Member Posts: 17,866 ✭✭✭
    edited November -1
    gun dealers will give you better deals only if they know they can move it fast. if he is going to get caught holding a brick, he wont trade for it or will only trade if he gets it for pennies to a dollar to make it appealing to some other sucker.[;)]
    Retired Naval Aviation
    Former Member U.S. Navy Shooting Team
    Former NSSA All American
    Navy Distinguished Pistol Shot
    MO, CT, VA.
  • ladamsladams Member Posts: 604 ✭✭✭✭
    edited November -1
    At a gun shop I no longer do business with in I once watched the owner take advantage of a person big time. The guy had a NIB Sig with a value of around 1000.... the shop owner offered the guy 100 for the gun. To my surprise the guy took it. After the guy left the store the owner looked at me and said there is a moron born every min. That was the last time I ever set foot in that shop, I refuse to do business witha person like that.
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