buckstix
(.400 member)
10/09/13 01:49 PM
Re: A quick buck..

Quote:


Rigby

The day you start worrying what someone bought a gun for that you are interested in is the day you will probably walk away from a very good deal on a Double Rifle, not because it isn't a good deal but because in your mind they are making too much profit on it. And you will be the loser.




Funny thing is ... "You never remember the guns you bought ... You only remember the guns you could of bought."

I've had many occasions where I watched someone buy a gun ahead of me, and then told the new owner to give me a call when he was ready to sell it. Several have commented that since I knew the price they paid, they were reluctant to sell it to me fearing I'd be upset with their profit. I assured them that the price "they" paid, had little to do with the price that "I" was willing to pay.

In one example, I witnessed the new owner paying $1500 for a rifle, and a year later, he sheepishly offered it to me for $3000, thinking I would begrudge him doubling his money. I snapped it up for the $3000 offer, knowing I would be selling it in the future for $5500. Everything stays in balance.

When I ponder a purchase, I add 10% to my "willing to pay price" every time I "ponder" if I should buy it or not. After 3 or 4 ponders, it usually goes home with me.

This approach has gotten me a lot of great iron over the years, and created my "signature".



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