Anytime!
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Just what in the heck.....
- Thread starter Nat
- Start date
Unfortunately that's just how it works. People see it's a 10/22 and don't see the value of all the custom parts you added to it. Same as when you see a custom Glock on here. Nobody wants to buy a $600+ Glock even if it has a fancy trigger, upgraded barrel, and Trijicon sights.
The definition of "fair market value" of Item X is what an interested, willing, financially able buyer would pay for it, and this price must also be one a motivated seller would sell it for. That implicitly means "the interested buyer" must be among that number of people who WANT item X. It's on their shopping list.
Now, if such an interested buyer says "I'll trade you my Item Y for your Item X" we cannot assume the owner of Item X is even interested in Item Y. He may not be in the market for one of those. The price / value might have to be heavily in his favor.
So, bottom line, the "FMV" dollar amount will often apply to only ONE of the guns in the proposed trade, but the other gun isn't really wanted by one party, so you can't expect it to be traded at full market value.
Now, if such an interested buyer says "I'll trade you my Item Y for your Item X" we cannot assume the owner of Item X is even interested in Item Y. He may not be in the market for one of those. The price / value might have to be heavily in his favor.
So, bottom line, the "FMV" dollar amount will often apply to only ONE of the guns in the proposed trade, but the other gun isn't really wanted by one party, so you can't expect it to be traded at full market value.
Depends on how many bodies are on that proven killer Hi-Point...Example: you list a Glock. I offer in trade a Hi-Point. Heaviness is in your favor.
The time I'd say it makes sense is say you have a new AR15 that retails for $500. Well it's worth $500 (+tax/shipping really) but no one is likely to pay you that (since they can order/buy one themselves for that price). So maybe you'd be willing to sell it for $400 cash or willing to trade it for another same value firearm ($500 TV).
But to take a $500 firearm and say the trade value is $700 because you've rubbed your greasy hands on it, you're an idiot.
The answer to this problem is stop wasting money trying to buy skill, training and good practice is where it's at. You can have a stupid accurate 10/22 for not much money. Burning $1500 on a custom 22LR semiauto and expecting to get your money back out of it is insanity.
Truthfully, or at least in my opinion, custom is always a risk. You may put $600 worth of custom parts on a gun and it may worth that add on to you. But unless my tastes are like yours, I may not be inclined to value the gun the same as you. Often I buy a gun and set it up for me. I understand that many will not like it as much as me and so I take a lot of those parts back off before I trade or sell it unless the seller specifically asks for them or I have no other gun that those parts could be used on.
