Seller’s Guide: Do Affordable Self-Defense Guns Hold Their Value?
Seller’s Guide: Do Affordable Self-Defense Guns Hold Their Value?
Do Affordable Self-Defense Guns Hold Their Value?
No, common, mass-produced guns, especially polymer frame pistols for self-defense, typically do not hold their value. Many guns, however, do increase in value over time, depending on the firearm. Some guns that have increased in value include old Colt revolvers, Winchester lever action rifles, and high-quality double-barrel shotguns like those made by Browning and Beretta. Dunlap Guns and cashmyguns.com has years of experience valuing the price of affordable self-defense guns and has built a reputation on offering the best and most fair price on used guns. See our reviews. Contact us to find out what your gun is worth.
What Are Affordable Self-Defense Handguns Worth?
Within the last 20 years or so new self-defense handguns have become very affordable and downright inexpensive. The reason for this is that most affordable self-defense handguns are mass produced with polymer frames. Handguns made by Hi-Point, SCCY, Taurus, Ruger, Kel-Tec, and Bersa are very affordable so anyone, no matter what your disposal income is, can afford a self-defense handgun. Since these self-defense handguns are so affordable they do not hold their value, nor do they appreciate in value. At Dunlap Guns we help educate gun sellers on the value of their guns. We offer the best price the market will allow on your used guns. Want to know the value of your gun? Contact us to find out the value your gun.
Gun Depreciation: How Much, How Fast?
Guns are like cars, computers, and cell phones. They all depreciate. We have all heard the adage that a new car loses 10 percent of its value when you drive it off the lot, and in the first year it can lose up to 20 percent of its value. Computers and cell phones depreciate since newer models with more features are constantly being introduced by the manufacturers, making older models less desirable. The same is true with affordable self-defense guns. So many of these low value handguns have been produced that there is a glut of inexpensive pistols. Another factor to consider is the post-pandemic used gun market. During the pandemic many guns were bought, and the price of guns was high because demand was high. Post-pandemic, there are hundreds if not thousands of low-cost handguns on the new and used market, and not as many buyers, so the price and value is low on these handguns.
Low Value Handguns
Many gun stores and pawn shop won’t give a gun seller top dollar on certain handguns, especially low-value handguns. Low-value handguns are difficult for a gun dealer to resell and many pawn shops and gun stores will give the seller a low-ball offer. The reason for this is because low-value handguns are hard to sell on the used market. If you are selling a gun and it is a low value gun should know that your handgun, like millions of others, is just not that valuable.
Some very popular low-value handguns are made by Hi-Point, Ruger, Kel-Tec, Bersa and Taurus. Add SCCY to the list, too. An owner of one of these handguns should not expect to get back what they paid for the pistol. Here’s a brief list of the average market price of some low-value handguns:
- Hi-Point C9: $110
- SCCY CPX-2: $185
- Taurus G2c: $189
- Ruger LCP: $180
- Kel-Tec P-11: $150
- Bersa Thunder 380: $190
- Heritage Rough Rider: $150
We’ve included the Heritage Rough Rider in this list even though it is not considered a self-defense gun but is a good example of another popular low-value pistol. Our team of experts at Dunlap Gun Buyers have appraised many low-value handguns and while the offer made might not be what a seller wants or expects, it is a fair offer on the market value of the pistol. We can help you determine the true worth of your low-value pistol. Contact us to find out the value your pistol.
Handguns That Lose Value Fast
Low value guns are handguns that don’t make sense to buy, especially if you plan on selling it. The value of these guns is very low. Cheap handguns like a Jennings Nine, Raven MP-25, Davis P-380, and Lorcin L9, are good examples of low value handguns. Yes, these guns are affordable and can serve in a self-defense capacity, but don’t expect these guns to appreciate nor even hold their value. More likely than not, you will not get back what you paid for it when you go to sell.
What’s The Value Of Cheap (Inexpensive) Handguns?
About 3 million Raven MP-25 pistols were manufactured and the average value of Raven MP-25 in either chrome, blue, or brushed nickel finish is about $168. For cheap pistols the value is all down hill. A 9mm Jennings Nine has an average value of $150 depending on the condition. The Davis P-380 is another example of a cheap sub compact automatic pistol. The P-380 is chambered in .380 ACP and has an average value of $130. Finally there is the Lorcin L9, a sub compact 9mm with a heavy slide to manage the simple blow back mechanism. The average value of a Lorcin L9 is about $100.
At Dunlap Gun Buyers cashmyguns.com we are experienced and fair when appraising low-value and cheap handguns. A seller may not want nor expect what the market value is on their recently purchased gun. Contact us to find out the value your pistol.