I bought it a year ago and have only fired about 60 rounds with it. It is in great condition and has zero problems. I want to sell it fast, probably to a gun shop. How much can I expect to get for it and will a gun shop even buy it? I don't care if I get a little below what it is worth. I'd rather sell it fast.
Will a gun shop buy it from me?????
2007-08-06 13:47:57 · 8 answers · asked by Anonymous in Sports ➔ Outdoor Recreation ➔ Hunting
If you take it to a gun shop you can expect to be offered about 60-75% of what you paid for it. If you are lucky.
If you take it to a pawnshop, they will offer about 40% of what you paid for it if you pawn it, and maybe 50% if you sell it outright.
Your best bet is to take it to a gun show, or post it in a local advertiser and ask about the same thing you paid for it. Be willing to knock off a hundred or so to make it move fast.
Good luck. I've had to sell guns to pay bills so I know it is no fun.
Doc
2007-08-06 21:59:28 · answer #1 · answered by Doc Hudson 7 · 1⤊ 0⤋
Dealers only buy guns at wholesale or below and sell them at retail. It's not because they're trying to rip you off, but because it's what they do for a living. Since there are several different models of the .500 magnum (from the snub nose to the gigantic performance model).. the question can't be answered accurately with the given info. If the gun is in near mint condition.. as it should be with only 60 rounds thru it.. I would expect to pay about 100 to150 less for it (from the new price) as a consumer. It's much like a car.. some people are willing to pay a great deal more for a new car than a slightly used one. If you price the gun too close to the new price.. the buyer will opt for the new just for the novelty of it. I know you're trying to sell it quick.. but if you'd simply advertise it in your local papers classified section.. I bet you'd sell it in a week or so. You could also try selling it on your local craigslist
http://www.craigslist.org/about/cities.html
2007-08-06 18:55:45 · answer #2 · answered by JB 2 · 1⤊ 1⤋
You will lose big bucks if you try to pawn it. Most shops take newer handguns on consignment like I do in my shop. I understand you want to sell it fast.But do you want to take a loss because you want quick cash? To get the prices listed below I used a Dealer Data base that is considered a firearms industry "Bible" for gun values based on age and condition. You can rely on these figures as being accurate with no guess work
MSRP $1,186.00 ,X frame,5 Shot,D/A 4" or 8 3/8" Barrel, Full Shroud,Stainless Steel,Recoil Compensator,Adjustable
Sights, Drilled & Tapped for Scope,Hogue Custom Sorbethane Grips, Gun Introduced in 2003
100% $925.00
98% $775.00
95% $675.00
90% $585.00
80% $480.00
Because of the shear novelty of this gun, I would say there is a good chance a Dealer would buy it from you. You would obviously get a much better deal if you sold it to a Dealer and maybe more if you sold it privately, and not a pawn shop, unless desperate. Good Luck!
2007-08-06 14:17:25 · answer #3 · answered by JD 7 · 3⤊ 0⤋
Smith And Wesson 500 Price
2016-10-07 09:32:28 · answer #4 · answered by ? 4 · 0⤊ 0⤋
I can understand you wanting to sell it; I have a friend who bought one on a friday, shot it twice, and traded it off the next day at a gun show; along with a box of shells and two fired cases. Beauty is in the eye of the beholder. It was new and unfired, cost him 550; he traded it and got his 550 out of it. Depending on the gun store you may get about 350 or so.
2007-08-07 02:10:37 · answer #5 · answered by acmeraven 7 · 1⤊ 0⤋
Cant tell you wants its worth but I can tell you that I have seen many used 500 S&W and 460's for sale locally at 550 to 700 dollar range depending on what all came with the gun. some had scopes included in the sale.
2007-08-06 20:21:19 · answer #6 · answered by Jon 4 · 0⤊ 0⤋
S&w 500 Price
2016-12-13 05:44:15 · answer #7 · answered by ? 4 · 0⤊ 0⤋
1
2017-02-23 04:41:53 · answer #8 · answered by Thisure 3 · 0⤊ 0⤋