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I am going to place two Sig pistols on consignment at LGS and would like some opinions on appropriate values:
1. P225-A1(23 Feb 17) 9 mm pistol has been fired but still appears new. Comes in case with everything, but the manual is missing the warranty card.

2. M11-A1(6 Oct 18) 9mm pistol absolutely new direct from Sig factory. I read this pistol was issued to Naval Aviators. Comes with three mags, instruction book, warranty card and lock. Lowest price I have seen on line is $949 but that might be high.

There is nothing wrong with these weapons, I simply have a surplus. This is NOT a ploy to get offers, I plan only to sell on consignment at local shop. Any thoughts would be appreciated.
 
Posts: 2047 | Location: East Central Toadsuck, Florida | Registered: September 04, 2010Reply With QuoteReport This Post
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The market is saturated. You'll be doing good to get $650 each.
 
Posts: 92 | Location: Central Ohio | Registered: January 12, 2004Reply With QuoteReport This Post
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The 225 was recently 599.99, new at SMGW
 
Posts: 1507 | Registered: November 07, 2013Reply With QuoteReport This Post
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Picture of sourdough44
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I’m not big on doing consignments, but I do have one gun at a shop now. It’s also a very slow time of year.

Most shops charge 10-15% of the sales price. Once I factor that in, I can usually do better on Armslist. I recently sold 2 Browning BARs, a 243 & 30-06 on Armslist.

On consignment you usually have to do a background check to get your gun back, if it doesn’t sell.

My current consignment gun is a Japanese Browning A-5 12ga, 26” barrel with removable choke.

Some buyers don’t want to meet in a parking lot for an Armslist sale. I met a friend a few months ago, moving out of the area. He said if I didn’t buy his 3 guns he was heading to Cabelas to take what they offered. I told him I didn’t need them, but would pay a bit more than Cabelas.

We decided to keep the Ithaca(Lewis) double-barrel 16ga.
 
Posts: 6547 | Location: WI | Registered: February 29, 2012Reply With QuoteReport This Post
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Online prices vs. local prices can vary, the gun shop you're consigning with should have a good idea what price something will move at.

Consigning is certainly better than selling it to the gun shop, the most money direct to you would be through Gunbroker/Armslist but then you have to deal with a lot of BS.

Keep in mind that you're selling used guns. You will not get a New price.


Arc.
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Posts: 27124 | Location: On fire, off the shoulder of Orion | Registered: June 09, 2004Reply With QuoteReport This Post
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Excellent, knowledgeable feedback. Thanks to all. The LGS only charges a flat fee of $30.00 for 90 days and so far everything has generally sold in a month. This allows me to lower price a bit, selling the gun and bringing more business into the store. Gun shops are really struggling to stay in business these days.
 
Posts: 2047 | Location: East Central Toadsuck, Florida | Registered: September 04, 2010Reply With QuoteReport This Post
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quote:
Originally posted by arcwelder76:

Keep in mind that you're selling used guns. You will not get a New price.
The M11-A1 is brand new shipped from Sig factory to the same dealer who would sell it for me. I still might not get new price and should be realistic as you suggested. Very sound feedback, thank you.
 
Posts: 2047 | Location: East Central Toadsuck, Florida | Registered: September 04, 2010Reply With QuoteReport This Post
That's just the
Flomax talking
Picture of GaryBF
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You need to accept the fact that are going to lose money. If you price the gun so that you recover the consignment fee, it will never sell. There is a lot of competition. Other buyers know about Bud's and GrabAGun.
 
Posts: 11875 | Location: St. Louis, Missouri | Registered: February 04, 2008Reply With QuoteReport This Post
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Grabagun selling M11-A1 for $1045. I was thinking of $849 for a sale price. However, limited market since everyone wants cheaper striker weapons.
 
Posts: 2047 | Location: East Central Toadsuck, Florida | Registered: September 04, 2010Reply With QuoteReport This Post
Get my pies
outta the oven!

Picture of PASig
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I was told that if I had bought a new pistol and never fired it or hardly even touched it and brought it back that they CANNOT sell it as “new” or at a “new” price.

It’s a used gun now, in new condition, but used.


 
Posts: 35160 | Location: Pennsylvania | Registered: November 12, 2007Reply With QuoteReport This Post
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That is what dealers tell customers or they would be taking returns all the time. I think the demarcation point is when the firearm is legally transferred. I will get guidance from the dealer today. Thanks for heads up and reality therapy. The price might have to go down a bit more.
 
Posts: 2047 | Location: East Central Toadsuck, Florida | Registered: September 04, 2010Reply With QuoteReport This Post
That's just the
Flomax talking
Picture of GaryBF
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Shame on you for not shooting it. Wink
 
Posts: 11875 | Location: St. Louis, Missouri | Registered: February 04, 2008Reply With QuoteReport This Post
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GrabAGun just quoted me $858.99 for a new M11-A1
 
Posts: 11 | Registered: February 17, 2018Reply With QuoteReport This Post
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My new M11-A1 is in the LGS priced at $849.
 
Posts: 2047 | Location: East Central Toadsuck, Florida | Registered: September 04, 2010Reply With QuoteReport This Post
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