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1/13/2005 9:50:24 PM EDT
What do you think a NIB 6920 will be worth in a couple years? just curious
1/13/2005 10:02:43 PM EDT
[#1]
$1,200
1/13/2005 10:46:21 PM EDT
[#2]
Exactly what someone is willing to pay for it !
1/14/2005 4:33:21 AM EDT
[#3]

Quoted:
Exactly what someone is willing to pay for it !



+1

Dave
1/14/2005 4:42:23 AM EDT
[#4]
+1 on the above... but it also depends on whether or not the liberal commie bastards are able to get another AWB on the books....

just my .02
1/14/2005 10:09:48 AM EDT
[#5]
Want us to pick some stocks for you while we're at it?
1/14/2005 10:38:01 AM EDT
[#6]

Quoted:

Quoted:
Exactly what someone is willing to pay for it !



+1

Dave

+1
1/14/2005 2:47:19 PM EDT
[#7]
Doesn't matter, cause I'm not selling mine.


I doubt if it will go up much in value, but there will probably come a time when Colt decides that they NEED civilian $$$ and make unmarked 6920's available to everyone. That could cause a LEO marked gun slightly more valuable.
1/14/2005 3:21:39 PM EDT
[#8]

Quoted:
What do you think a NIB 6920 will be worth in a couple years? just curious



About 950.00 if they are still in business.
1/14/2005 3:38:58 PM EDT
[#9]
As long as the XM8 project is on hold, Colt will stay in business with the gubmint.
1/14/2005 4:20:18 PM EDT
[#10]
Their never going to quit making them as long as they have LEO officers in banned States to supply.


1/14/2005 7:52:39 PM EDT
[#11]
800 bucks. Thats what its worth now, yesterday, and 10 years from now. What some idiots will pay for it is another story.
1/14/2005 9:12:58 PM EDT
[#12]
I wanted one really bad. I was not willing to pay the inflated prices. My dealer got me one for $1000. I would have paid up to $1200. Even at $1000 I paid too much. What matters is that you enjoy it.
1/14/2005 9:19:47 PM EDT
[#13]
I doubt they will get any cheaper! Heck Colt just had a price increase and are pressuring their own distributors and dealers NOT to sell them to the public. With this new policy I would expect these guns to slowly start to become less available to the public thus driving prices higher. How high you say? Well only time will tell for sure, but I think we could see them at $1700.00 in a few years.
1/15/2005 8:02:04 PM EDT
[#14]
I doubt they'll get any cheaper. The pendulum swings, and we'll see another ban someday. The Colt guns brought a premium in the last, and they will again.

Even without the ban, it seems that the market will bear whatever the seller asks. Despite availability of LE6920s, albeit with delay, I was offered $4000.00 for two consecutively serial numbered 6920s. I don't see that getting a whole lot better, for buyer or seller.  
1/16/2005 8:04:38 AM EDT
[#15]

Quoted:
I doubt they will get any cheaper! Heck Colt just had a price increase and are pressuring their own distributors and dealers NOT to sell them to the public. With this new policy I would expect these guns to slowly start to become less available to the public thus driving prices higher. How high you say? Well only time will tell for sure, but I think we could see them at $1700.00 in a few years.



If people would stop buying them at the dealer inflated prices then the price will come down. I bought a NIB 6920 and didn't pay the rediculous price they are selling for now. I had plans on buying the 6721 and 6450 until Colt showed their true colors again, and to see the dealers jacking up the prices just turned me away from buying anymore Colts. I will be buying Bushy's and RRA for now on. I would like to know what makes a 6920 worth 400.00-500.00 more than a Bushy or RRA, I know it's not the little pony stamped on it. Maybe they turn into Gold in a few years or something like that. No flame intended, I'm just trying to figure out why the are supposed to be more special. can someone enlighten me.
1/16/2005 9:12:01 AM EDT
[#16]
Well let's see.

What was the price of a Colt SP1 when they first came out?

You know, when people laughed at the "plastic" gun.

I have noticed that firearms don't really seem to drop in value.
1/16/2005 9:51:24 AM EDT
[#17]
It IS all about that little pony on the receiver - 100% total and complete.

When it comes time to walk with that AR through the gunshow isles - what are you asked by almost everyone?  Is it a COLT?  Do they ask is it a Bushie, or RRA?  NO - COLT.

A week ago last Friday my NIB 6920 arrived that I had ordered back around the first of November.  Total price was $1070 (was originally quoted $970 but Colt had gone up $100).  Was this $400-500 more than a similarly configured Bushie M4A3?  No.

When it arrived I no longer had any "need" for my NIB 6520 A2 Govt Carbine.  I took it to the local funshow last weekend just to see what I could get for it.  Never took it out of the box.  Walked straight to a dealers table and traded it even for a NIB Armalite .308 AR10A4 carbine with the new lightweight infantry barrell, A2 flash hider and collapsible telestock.  Could I have done that with a Bushie or RRA?  Hell No.

Earl
1/16/2005 10:21:16 AM EDT
[#18]
ric,

there is no sure answer, but consider the following:

1) If there is no new AWB national-wide, the Colt LE6920 will likely be around $1300 to $2000 depending on source. I base this on general AR inflation over the past few years. The Colt will always command a higher rate than that of the other major competitors because, well.... its a better weapon than they have.

2) If there is a nation-wide AWB that goes into effect, then the price will slowly but surely rise by initially 25% or so, and ultimately to the $3,000 to 4,000 range for a NIB sample. I base this on what owners were charging late in the AWB years for similar products (an old, worn, LE style- since NO LE 's were available at all, ran between $2,000 and $3,500)

3) The wild cards are: a new assault rifle craze - meaning a style other than the AR or AK. The XCR could- although a longshot, take that role or a civie version of the XM-8, provided the XM8 becomes the M8 and the standard battle rifle of our armed forces. This would cause current AR prices to slump although not plummet.

And of course, supply. Colt, Bushmaster, RR, etc may just ramp up production and flood the market, and if so, prices will reflect it.


None of this is scientific, but if you follow history of this subject , I believe you will find fairly reliable trends.

Specifically with the LE6920......... since it is the hot model today due to its resemblance to our military M4,  may or many not hold in its popularity.

I hope it does, having a couple of them of my own already- but if it doesn't, it will only be because something new has taken its place, and in that situation....I hope to be in on that as well


My $.02
1/16/2005 10:23:48 AM EDT
[#19]

Quoted:
800 bucks. Thats what its worth now, yesterday, and 10 years from now. What some idiots will pay for it is another story.



+1000$800 used, $899 new, just as they were 3 months ago.
1/16/2005 11:01:50 AM EDT
[#20]

Quoted:

Quoted:
800 bucks. Thats what its worth now, yesterday, and 10 years from now. What some idiots will pay for it is another story.



+1000$800 used, $899 new, just as they were 3 months ago.



What a joke!  I wonder, would either of you guys pay $910 for one right now?   If so, then you're FOS.  Either way, you're ignoring supply and demand, and the reasons for it.  My dad got a big laugh when I bought my HK 91 for $1300 NIB, since that ugly stamped military rifle was "only worth $500".  Equally, my stock broker warned me that Microsoft was overvalued in 1994 (...since then it split many times).  Well, they may still think that these things aren't "worth" that much - but, their opinions are irrelevent.  The market dictates value, and the market isn't subjective.

Wake up and face reality.  You don't understand pricing at all.  You guys can throw a fit, pound the ground, and whine about 'idiots' overpaying for them - but, it won't change the fact that it's the best rifle in its class, and probably a good value above MSRP.

I'm a buyer at 1050-1150 right now - just because they're better rifles with more features and more demand then any of their Bushy/RRA etc counterparts.  And that's exactly why I built one and bought two in the last 9 months.  If I had more money, I'd certainly pay more if I had to.
1/16/2005 11:30:25 AM EDT
[#21]

Quoted:

Quoted:
800 bucks. Thats what its worth now, yesterday, and 10 years from now. What some idiots will pay for it is another story.



+1000$800 used, $899 new, just as they were 3 months ago.


I'm with Narc on this one. You guys are crazy. Colt is not going to lower it's prices and neither are dealers. Whether or not you agree with it, Colt does demand a premium on the market. Hell, look at their 1911s.  You could argue that Kimber or Springfield or S&W or who ever builds a better 1911 for the money, but you will never see Colt dropping it's prices to compete. And you won't see dealers cutting profit margins because a few people feel they are over priced.
BTW, gas prices won't be going back to $1.25 per gallon after the war either.
1/16/2005 11:36:14 AM EDT
[#22]

Quoted:
What do you think a NIB 6920 will be worth in a couple years? just curious



The more Colt makes, the lower the value over time. They are high right now cause they are in short supply, but in another year or so they will be common and cost a lot less.
1/16/2005 11:54:47 AM EDT
[#23]

Quoted:

Quoted:

Quoted:
800 bucks. Thats what its worth now, yesterday, and 10 years from now. What some idiots will pay for it is another story.



+1000$800 used, $899 new, just as they were 3 months ago.



What a joke!  I wonder, would either of you guys pay $910 for one right now?   If so, then you're FOS.  Either way, you're ignoring supply and demand, and the reasons for it.  My dad got a big laugh when I bought my HK 91 for $1300 NIB, since that ugly stamped military rifle was "only worth $500".  Equally, my stock broker warned me that Microsoft was overvalued in 1994 (...since then it split many times).  Well, they may still think that these things aren't "worth" that much - but, their opinions are irrelevent.  The market dictates value, and the market isn't subjective.

Wake up and face reality.  You don't understand pricing at all.  You guys can throw a fit, pound the ground, and whine about 'idiots' overpaying for them - but, it won't change the fact that it's the best rifle in its class, and probably a good value above MSRP.

I'm a buyer at 1050-1150 right now - just because they're better rifles with more features and more demand then any of their Bushy/RRA etc counterparts.  And that's exactly why I built one and bought two in the last 9 months.  If I had more money, I'd certainly pay more if I had to.



Take a breath Its a free country, you can get ripped off if you want too. Im not throwing a fit at all, I would not own a colt. I will stick with my POS 800 non colt rifle that is in my hands right now
1/16/2005 11:59:46 AM EDT
[#24]

2) If there is a nation-wide AWB that goes into effect, then the price will slowly but surely rise by initially 25% or so, and ultimately to the $3,000 to 4,000 range for a NIB sample. I base this on what owners were charging late in the AWB years for similar products (an old, worn, LE style- since NO LE 's were available at all, ran between $2,000 and $3,500)


I agree that prices would increase with a new AW ban, but not to that level.  When the AW ban was in effect, there were only one hundred thirty something true Colt R6721's.  They were selling in this range, and there were very few of them.  I doubt that NIB R6920's would go above $2000-$2300, just because there's alot more of them out there.
1/16/2005 1:04:30 PM EDT
[#25]

Quoted:

Take a breath Its a free country, you can get ripped off invest your money in a genuine Colt AR if you want to- Or you can buy a knock-off and save a few bucks. Im not throwing a fit at all, I would not own a colt. I will stick with my POS 800 non colt rifle that is in my hands right now



Both shoot well. But only one is the real thing.

After all, you can drive a Chevy Blazer, or an H1 Hummer. they are both SUV's, right?

my cracks are meant as a joke, Dave, but really................Ripped off?

That is a stretch.
1/16/2005 5:20:59 PM EDT
[#26]

Quoted:

Quoted:

Take a breath Its a free country, you can get ripped off invest your money in a genuine Colt AR if you want to- Or you can buy a knock-off and save a few bucks. Im not throwing a fit at all, I would not own a colt. I will stick with my POS 800 non colt rifle that is in my hands right now



Both shoot well. But only one is the real thing.

After all, you can drive a Chevy Blazer, or an H1 Hummer. they are both SUV's, right?

my cracks are meant as a joke, Dave, but really................Ripped off?

That is a stretch.




You really think an H1 is better than any Chevy?  Seriously, I really really dont see a $600 to $800+ difference in my rifle vs. my cousins colt in the same config. They look the same other than the color and the markings, they shoot the same, they weigh the same.... You're right though, its all in the eye of the beholder and ripped off is a bit strong. Enjoy your rifles, I know I will.
1/16/2005 7:37:13 PM EDT
[#27]

Quoted:

Quoted:

Quoted:

Quoted:
800 bucks. Thats what its worth now, yesterday, and 10 years from now. What some idiots will pay for it is another story.



+1000$800 used, $899 new, just as they were 3 months ago.



What a joke!  I wonder, would either of you guys pay $910 for one right now?   If so, then you're FOS.  Either way, you're ignoring supply and demand, and the reasons for it.  My dad got a big laugh when I bought my HK 91 for $1300 NIB, since that ugly stamped military rifle was "only worth $500".  Equally, my stock broker warned me that Microsoft was overvalued in 1994 (...since then it split many times).  Well, they may still think that these things aren't "worth" that much - but, their opinions are irrelevent.  The market dictates value, and the market isn't subjective.

Wake up and face reality.  You don't understand pricing at all.  You guys can throw a fit, pound the ground, and whine about 'idiots' overpaying for them - but, it won't change the fact that it's the best rifle in its class, and probably a good value above MSRP.

I'm a buyer at 1050-1150 right now - just because they're better rifles with more features and more demand then any of their Bushy/RRA etc counterparts.  And that's exactly why I built one and bought two in the last 9 months.  If I had more money, I'd certainly pay more if I had to.



Take a breath Its a free country, you can get ripped off if you want too. Im not throwing a fit at all, I would not own a colt. I will stick with my POS 800 non colt rifle that is in my hands right now



It takes a good imagination to claim someone was ripped off who bought two items for an average of 1075 each when they're selling for 400 more than that all over the place.

Oh well, I'm used to this debate.  I've had people argue with me about how Taurus is the same or better than Beretta; S&W p99 is the same or better than Walther's; Hesse is the same or better than HK; etc.   Look, there's nothing wrong with Kmart tools - but, I prefer to use what the pros use.  They hold their value better, and you don't have to worry about reliability.

I can't tell you how many times I've seen guys at gun shows walking around with their home built ARs or Korean-made M1As, and they always say the same thing.  "It's just as good as ____, and you'll save a hell of a lot of money."

My reply, "Not interested - but, good luck."
1/16/2005 8:17:10 PM EDT
[#28]

Quoted:

Quoted:

Quoted:

Quoted:

Quoted:
800 bucks. Thats what its worth now, yesterday, and 10 years from now. What some idiots will pay for it is another story.



+1000$800 used, $899 new, just as they were 3 months ago.



What a joke!  I wonder, would either of you guys pay $910 for one right now?   If so, then you're FOS.  Either way, you're ignoring supply and demand, and the reasons for it.  My dad got a big laugh when I bought my HK 91 for $1300 NIB, since that ugly stamped military rifle was "only worth $500".  Equally, my stock broker warned me that Microsoft was overvalued in 1994 (...since then it split many times).  Well, they may still think that these things aren't "worth" that much - but, their opinions are irrelevent.  The market dictates value, and the market isn't subjective.

Wake up and face reality.  You don't understand pricing at all.  You guys can throw a fit, pound the ground, and whine about 'idiots' overpaying for them - but, it won't change the fact that it's the best rifle in its class, and probably a good value above MSRP.

I'm a buyer at 1050-1150 right now - just because they're better rifles with more features and more demand then any of their Bushy/RRA etc counterparts.  And that's exactly why I built one and bought two in the last 9 months.  If I had more money, I'd certainly pay more if I had to.



Take a breath Its a free country, you can get ripped off if you want too. Im not throwing a fit at all, I would not own a colt. I will stick with my POS 800 non colt rifle that is in my hands right now



It takes a good imagination to claim someone was ripped off who bought two items for an average of 1075 each when they're selling for 400 more than that all over the place.

Oh well, I'm used to this debate.  I've had people argue with me about how Taurus is the same or better than Beretta; S&W p99 is the same or better than Walther's; Hesse is the same or better than HK; etc.   Look, there's nothing wrong with Kmart tools - but, I prefer to use what the pros use.  They hold their value better, and you don't have to worry about reliability.

I can't tell you how many times I've seen guys at gun shows walking around with their home built ARs or Korean-made M1As, and they always say the same thing.  "It's just as good as ____, and you'll save a hell of a lot of money."

My reply, "Not interested - but, good luck."



Hey, I admitted that "ripped off" is a little strong. It takes somebody with a really good imagination to compare my RRA build to Kmart tools. I have a Walmart Bushmaster too None of the "pros" ever use those brands. I have no idea where you came up with all that other nonsense . I could be wrong here, but I think the pros use all types and brands of weapons.  They do not limit themselves to colt. Are you also saying that colts do not fail? Interesting.
1/16/2005 8:47:18 PM EDT
[#29]
This argument will never go anywhere. Perfect example: a coin collector buys a quarter with a "value" of $25. Good for him. But me, I'm not a coin collector, so it's worth $.25. If you don't want a Colt, don't like Colt, won't buy a Colt, it's only worth what any other AR is worth. Just like that special quarter is only worth 25 cents just like any other quarter. The good news is, in a free country, you never have to buy what you don't want.
1/16/2005 8:55:46 PM EDT
[#30]

Quoted:
This argument will never go anywhere. Perfect example: a coin collector buys a quarter with a "value" of $25. Good for him. But me, I'm not a coin collector, so it's worth $.25. If you don't want a Colt, don't like Colt, won't buy a Colt, it's only worth what any other AR is worth. Just like that special quarter is only worth 25 cents just like any other quarter. The good news is, in a free country, you never have to buy what you don't want.



Agreed.
1/16/2005 9:28:39 PM EDT
[#31]

Quoted:

Hey, I admitted that "ripped off" is a little strong. It takes somebody with a really good imagination to compare my RRA build to Kmart tools. I have a Walmart Bushmaster too None of the "pros" ever use those brands. I have no idea where you came up with all that other nonsense . I could be wrong here, but I think the pros use all types and brands of weapons.  They do not limit themselves to colt. Are you also saying that colts do not fail? Interesting.



Actually, to be honest, I've never shot a RRA rifle, and I know their pistols are first class.  So, I'm sure the rifles are probably good too.  Interestingly, RRA pistols are the subject of this debate often times as well, since they're often deemed to be not "worth" the money.

The only ARs that I've owned are Colt and Bushmaster.  The two Colts that I've used extensively are both completely reliable.  The one Bushy that I had wasn't - so I sold it.

As far as what the pros use - we know what the US military uses.  That's good enough for me.  And surely Colts fail - just not as often as most others, thanks to rigorous military reliability standards.  

Let's take a step back and reevaluate this argument.  The whole point is that too many people feel free to judge Colt buyers as "idiots", at least for over-paying for rifles.  This may or may not be true - but, what is not arguable is that Colt rifles possess characteristics that make them more reliable and valuable, and their reputation at reputable shooting schools like Gunsite and Thunder Ranch back up that claim.

Ask yourself this:  Why does everyone compare their preferred brand to Colt?

It's the standard, that's why.  And it's justifiable.
1/16/2005 9:46:07 PM EDT
[#32]

Quoted:

Quoted:
What do you think a NIB 6920 will be worth in a couple years? just curious



About 950.00 if they are still in business.




1/17/2005 5:48:58 AM EDT
[#33]

Quoted:
This argument will never go anywhere. Perfect example: a coin collector buys a quarter with a "value" of $25. Good for him. But me, I'm not a coin collector, so it's worth $.25. If you don't want a Colt, don't like Colt, won't buy a Colt, it's only worth what any other AR is worth. Just like that special quarter is only worth 25 cents just like any other quarter. The good news is, in a free country, you never have to buy what you don't want.



Actually, this is the argument that will never go anywhere.  THe value of the $25 coin is not determined by how many people WON'T buy it for that price, it is determined by how many people WILL.  As long as the owner of this $25 coin has sufficient interested buyers (demand), it will retain that value.  You can double the world's population with 5 billion more folks like you who have no interest in coins, and so long as he has enough interested buyers, his coin holds value.

Also, the more popular an item you have, the easier it is to sell it for its value, because of the ease of finding interested buyers.
1/17/2005 9:14:49 AM EDT
[#34]

Quoted:

Quoted:
This argument will never go anywhere. Perfect example: a coin collector buys a quarter with a "value" of $25. Good for him. But me, I'm not a coin collector, so it's worth $.25. If you don't want a Colt, don't like Colt, won't buy a Colt, it's only worth what any other AR is worth. Just like that special quarter is only worth 25 cents just like any other quarter. The good news is, in a free country, you never have to buy what you don't want.



Actually, this is the argument that will never go anywhere.  THe value of the $25 coin is not determined by how many people WON'T buy it for that price, it is determined by how many people WILL.  As long as the owner of this $25 coin has sufficient interested buyers (demand), it will retain that value.  You can double the world's population with 5 billion more folks like you who have no interest in coins, and so long as he has enough interested buyers, his coin holds value.

Also, the more popular an item you have, the easier it is to sell it for its value, because of the ease of finding interested buyers.



True, the coin only holds an inflated value to a certain group of people. The rest of us sit around and laugh. Enjoy your coins.
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