Midwest Guns in Mishawaka up North....
Midwest Gun Exchange and Range Specials | Now - January 23, 2020
If they're afraid to post the price it's probably too much.
I'm not positive but rumor is Midwest is selling them at $500 over MSRP.
Midwest Guns in Mishawaka up North....
Midwest Gun Exchange and Range Specials | Now - January 23, 2020
If they're afraid to post the price it's probably too much.
I'm not positive but rumor is Midwest is selling them at $500 over MSRP.
Maybe I'm not up to date on the new Pythons, but why would someone pay $500 over MSRP for a handgun that apparently has been recalled for problems?Regarding these gun shops that are selling Pythons for over MSRP, there are a few ways to look at it.
1. More power to them if someone is willing to pay $500 over MSRP then have at it.
2. Seems pretty crappy that we finally get a Python at a pretty fair MSRP & the LGS are trying to price gouge.
LGS can do whatever they want, but I’ll be taking notes on who is trying to price gouge & I won’t be spending money there in the future.
Regarding these gun shops that are selling Pythons for over MSRP, there are a few ways to look at it.
1. More power to them if someone is willing to pay $500 over MSRP then have at it.
2. Seems pretty crappy that we finally get a Python at a pretty fair MSRP & the LGS are trying to price gouge.
LGS can do whatever they want, but I’ll be taking notes on who is trying to price gouge & I won’t be spending money there in the future.
How magnanimous of the gun stores to charge an extra $500-$1,000 to see that the guns are distributed in a fair manner!Want to be that guy pony up, but please do not malign local dealers doing their best to allocate a scarce product, the scarcity is likely a big headache for them, constant calls and negative comments for something they don't have, likely eat up any money above MSRP.
How magnanimous of the gun stores to charge an extra $500-$1,000 to see that the guns are distributed in a fair manner!
They do what they do and either suffer consequences for their actions or people won't care. Ethics should matter, I believe, but maybe that's just me. I know one thing, they don't need anyone carrying the banner for them. Why do you feel so compelled?Then answer the question, how do you want them to do it? We want to hear your better way.
We talk about the same issues in the bourbon thread. This always comes up when demand exceeds supply. What does the S in MSRP stand for? All the whining about supporting the LGS does not want them to engage in capitalism? To sell their goods for what real market value is? Sometimes in life things are valued higher than their physical worth, in this case say to a similar Smith or Ruger.
Would it make you feel better if Colt had made the MSRP higher? But then in a year or two it would have looked like they were wrong and had to reprice the guns and get bad press. If Colt made the MSRP say twice that of the competition they would have been accused of gouging even though that price is a common price for their old used guns. What should Colt have set the MSRP?
If you own the goods how would you distribute them?
They do what they do and either suffer consequences for their actions or people won't care. Ethics should matter, I believe, but maybe that's just me. I know one thing, they don't need anyone carrying the banner for them. Why do you feel so compelled?
Panties in a bunch, there Ingomike? Lol
I’d rather them put it up for auction. Let the fools race to part ways with their money. Having a current production item sitting on your shelf with a price $500 above MSRP looks bad.
There are plenty of LGS that have sold these new Pythons for 10% BELOW MSRP. BTW
A relationship is a two way street. Most times around this site, it’s “spend a little more & support your local LGS. Think long term.” Which I do. Well in this case, the LGS needs to think long term.
How many patient, loyal customers (that spend a little more on a regular basis) are passing up on that Python marked $500 over MSRP, so you can sell it to some fool with more money than brains that came running in the door “cause the Rick Grimes gun is being made again, derp.”
It’s tells me they have a short-sighted business model. That guy that just overpaid for a Python won’t be back to your LGS. Probably will only shoot it a handful of times & then never again once the luster of this hyped return wears off. Because that is simply the type of person that pays over MSRP for something that is currently available & will continue to be available in the near future.
I'm certainly not upset in any way, as I explained above just think it unfair to accuse shops that sell them at market value of gouging.
I'm trying to figure out just why it "looks bad" for LGS selling their goods at market value. Do the guys selling old Pythons for $3-5K look bad? They certainly did not pay that much for them. Are they gouging?
I think it is unethical because it is. It is also unethical to pay a little old lady pennies on the dollar for the collection that her late husband accumulated. I wouldn't want my shop to have that kind of reputation. I would rather have the reputation that I owned a fair shop. Indynic has it right. Like I said before, companies that unreasonably raised their prices during ammo shortages, earned a reputation. I remember and won't buy anything from them.I will try to answer your question. I believe the suggestion that a LGS selling the Python for a market value that is above MSRP is somehow doing something wrong or unethical is just completely unfair. They are just participating in capitalism and I fail to see how that is unethical. Some shops may have a different business models and sell at or even below MSRP, that too is their right. And no I do not expect to see a shop owner posting on here trying to set the record straight that it is not wrong nor unethical to sell at market value they would be mocked as self serving. I am just a member here, I have little relationship with any LGS, but believe they should be somewhat defended from accusations I do not believe them guilty of.
Why do you believe it is unethical?
You are comparing apples to oranges. A Python made prior to 2020 has not been in production for quite some time, which makes it a collector piece which drives the value. Any way you look at though, it’s a USED gun. An LGS doesn’t have to be a Colt dealer to have these on the shelf & MSRP simply doesn’t apply.
Oh, so if you own one you can sell it for market value but a gun store cannot sell it for what it is worth. I'm comparing the same model gun that has a following, for good or bad, that drive up prices. Good for me but not for thee...
These new Pythons are current production, brand new from the factory. They have an MSRP. And yes, it is “suggested.” But, in many cases manufacturers have a policy that if you sell their products above MSRP, you could risk losing dealer status. So, “suggested,” is more like “strongly suggested.”
What you are are suggesting is illegal, called price fixing. What that means is the US government will not let the manufacturer of goods determine what price they are sold for. That is why it is a suggested price, but thankfully, that law exists. You have benefited greatly from it by allowing dealers to sell at the price they determine not the manufacturer because usually the price goes down, not up.
MSRP is not established to limit how much money a seller can make on an item. It is to ensure that the intended market is captured because the item is designed at that price point. So, by selling at above MSRP, Colt is missing out on its intended market.
This puts future sales at risk, all so an LGS can make some additional profit margin. Once again, an LGS that does this has a short-sighted business model.
None of that supersedes the price fixing laws,
These new Pythons are current production, brand new from the factory. They have an MSRP. And yes, it is “suggested.” But, in many cases manufacturers have a policy that if you sell their products above MSRP, you could risk losing dealer status. So, “suggested,” is more like “strongly suggested.”
MSRP is not established to limit how much money a seller can make on an item. It is to ensure that the intended market is captured because the item is designed at that price point. So, by selling at above MSRP, Colt is missing out on its intended market.
This puts future sales at risk, all so an LGS can make some additional profit margin. Once again, an LGS that does this has a short-sighted business model.
I think it is unethical because it is. It is also unethical to pay a little old lady pennies on the dollar for the collection that her late husband accumulated. I wouldn't want my shop to have that kind of reputation. I would rather have the reputation that I owned a fair shop. Indynic has it right. Like I said before, companies that unreasonably raised their prices during ammo shortages, earned a reputation. I remember and won't buy anything from them.
Directly from the Federal Trade Commission Website:
”The key word is "suggested." A dealer is free to set the retail price of the products it sells. A dealer can set the price at the MSRPor at a different price, as long as the dealer comes to that decision on its own. However, the manufacturer can decide not to use distributors that do not adhere to its MSRP.”