crazy prices on used guns

[FMJ]

https://www.guns.com/search?keyword=remington%20788

In the early 1970's I bought a Remington 788 in .243 with a 4 power universal scope and 2 clips for $95.00 brand new in the box@ a local gun shop.Still have it, still shoot it with the same scope. I just can't believe the prices now a days. And i aint gonna get rid of it. Me and my sister have 3 pre 64 model 70 winchesters that our mom n dad left us. It's fun to look up older guns and their history.

 

[Ozarker]

And my 15 cent hamburger, 10 cent fries a nickel coke is $4,59! Tell me about it! Still have the used .455 Webley, it was about $25.00 back then, the AR 7 .22 was about $60.00 new!

 

[Belt Fed]

Used to buy military surplus bolt actions for 30 bucks, could buy a Springfield 1903 for less than a 100.

 

[GPS]

With inflation, many prices are on parity with prices long ago, but the trend is that used guns (like Milsurps) got more expensive as new guns got cheaper. The Ruger American would be $50 in 1968, but the Winchester Model 70 would be at lowest $600 new, if my research is correct.

 

[Ozarker]

With inflation, many prices are on parity with prices long ago, but the trend is that used guns (like Milsurps) got more expensive as new guns got cheaper. The Ruger American would be $50 in 1968, but the Winchester Model 70 would be at lowest $600 new, if my research is correct.

What did you use as the internal rate of return to justify your present value determination over the past 60 years?

 

[Belt Fed]

What did you use as the internal rate of return to justify your present value determination over the past 60 years?

I paid 400 for a Colt M16A1 rifle, 600 for a Colt M16A1 carbine and 600 for an H&K MP5 back in the early 80's. they are selling for 25 dollars more today

 

[Ozarker]

I paid 400 for a Colt M16A1 rifle, 600 for a Colt M16A1 carbine and 600 for an H&K MP5 back in the early 80's. they are selling for 25 dollars more today

I'd buy a truck load of H&K MP5's (9mm) for $625!

My Springfield Cruiser 12 ga that I picked up for $100 around '82 is now worth, maybe, on a good day, $100.

 

[Belt Fed]

I'd buy a truck load of H&K MP5's (9mm) for $625!

Gotta add the 200 dollar stamp too.

 

[Blackmesa96]

Yeah, and how many of us would have bought cases of SKS rifles back in the day if we could have predicted the appreciation. Or AKs? Or even 7.62 x 39 ammo?

Have a friend who bemoans that bricks of . 22LR don't cost what they did when he was a kid. For some reason gasoline, groceries don't get him nearly as upset. In inflation adjusted prices I will bet there's not a significant difference.

There's a lot of good 9mm pistols for under $300. That's Saturday night special pricing from the 70s.

 

[Oldmountaiman]

Yeah, and how many of us would have bought cases of SKS rifles back in the day if we could have predicted the appreciation. Or AKs? Or even 7.62 x 39 ammo?

Have a friend who bemoans that bricks of . 22LR don't cost what they did when he was a kid. For some reason gasoline, groceries don't get him nearly as upset. In inflation adjusted prices I will bet there's not a significant difference.

There's a lot of good 9mm pistols for under $300. That's Saturday night special pricing from the 70s.

Yep the day's old had lots of gold that was cheap and me and my Harley loved 95 cents a gallon for high test and a a brick of 22 LR under $4, ah yes the old days.

 

[KillerFord1977]

The 1977 Ford F250 Custom 351M 4 speed was $6311.60 in ‘77, so its all relative to inflation

 

[KillerFord1977]

Yep the day's old had lots of gold that was cheap and me and my Harley loved 95 cents a gallon for high test and a a brick of 22 LR under $4, ah yes the old days.

Gasoline this week in S Oklahoma was $2.23 a gallon for reg unleaded.
40 miles S in Texas was .70 cents more and CA week ago on my travels was $5.29 in N LA

Oklahoma prices on gas were a steal.

 

[Recusant]

Here's proof that surplus guns were first very affordable.

 

[KillerFord1977]

Here's proof that surplus guns were first very affordable.


View attachment 99932

So were trucks…

 

[Jsimon78]

The dollar doesn’t go as far as it did in the past. As one of my other comments I made on another post on how I’m always on GB looking for a deal. Yes I love auctions and when I’m in a zone with a good friend, people stand back and watch.

But back to reality. The dollar isn’t what used to be of the past. Inflation doesn’t help and the dollar been off the gold reserve doesn’t make it any better. I rather go back to 1990’s when I was making 4.25 an hour and had a life. Now I’m over 30 an hour and it feels like I’m trying to make stuff stretch.

 

[last2brake]

I just bought four tires for our pickup. They cost more than my first brand new car did

 

[Belt Fed]

Remember when gas stations had wars? was two that were across the street from each other that did all the time. I remember as a kid filling my motorcycle up for less than 20 cents . gas was 13 cents a gallon. that was back in 69 or 70

 

[Biggfoot44]

1. Everything is stupid expensive now .

2. The M788 in particular is very desirable and in demand , and has been since shortly after they were discontinued.

The scuttlebutt at the time was that since they were more accurate than M700 , Remington thought they were eating into their own sale of their more pricey rifles .

 

[GPS]

I paid 400 for a Colt M16A1 rifle, 600 for a Colt M16A1 carbine and 600 for an H&K MP5 back in the early 80's. they are selling for 25 dollars more today

Your early ones are worth a minimum of $1200 though. Unless NFA, then worth more than its weight in gold.

 

[Musashi]

Yep running around Detroit in the late ‘60’s in big block Chevys, Plymouths, Olds at $.25/gal. Bring back dimers night at the local tavern! A buck for 10 beers!