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Talk about ammo gouging

HansGruber said:
There’s another reason for retailers pricing an in-demand item (in this case, ammo) high:

It actually keeps more of it available for more buyers.

If the price it cheap, people will come in, buy it all, and resell it. Even if retailers ration it, people find work arounds (and we’ve seen people here talk about doing just that in other threads)—have friends, wives, kids, etc buy ammo for them—not necessarily for reselling, but because “the price is good, and I need more”.

However: if the price is high, people will buy just what they need to get by, there won’t be a profit margin in reselling, so there will be more for others.

In a way, it actually prevents gouging (the hyperinflated resale market).
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Yes, is one business tactic. It works well to a point.
But, buying at high retail and selling for twice of what paid at higher price isn't good business from what have been seeing at some places. Essentially can be considered gouging. Both can create higher inflation especially when combined with with what KillerFord1977 stated.

Usually best solution is to slack off or avoid product so market can stabilize at lower more realistic prices.
 
Well...about an hour ago I grabbed a box of 50 S&B 230gr FMJ .45ACP at a LGS/ pawn not far from here... $34.99.
They only had about a dozen, and no standard 9mm (which stands to reason due to popularity; there was 4 boxes of HD in 9). But a fair selection of other stuff, if in limited quantities.
Young man behind the counter said he thinks things are loosening up some.
We’ll see.
 
KillerFord1977 said:
Millions of new gun owners that never bought ammo have no clue that 9mm was $8.00 for a box of 50.

so any price the store sells it for, the new consumer has no price comparison from “a previous purchase ”, so the store can get top dollar
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Or what a box of Federal 20 gauge 3" Supper Magnums cost either, but now I'm starting to sound like my dad.

Best Products.JPG
 
Bassbob said:
I bought 2 a half hour ago. $52.xx w/ tax and shipping.

Thanks for the head's up brother.
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👍 Got my two box "ration" last night. :)

The way retailers are "rationing" ammo lately reminds me of back around '77-'78 time frame while we were deployed to the Mediterranean. When we pulled into Naples, Italy, we would head to the small Naval Support Activity to shop the NEX (PX to you Army guys :) ). Anyway, we were issued cigarette ration cards on the ship, and I recall being able to buy just two cartons of cigarettes at the NEX, and they would punch the card. This was so (as we were told) we wouldn't deplete the stock for those stationed there in Naples. Oh, when the ship had "sea store" cartons in the ship's store (available once were at sea), they were only $3.00 a carton.
 
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I just looked at Cheaper Than Dirt again, and Man... they are still high as a cat’s back..
I’ve only bought from them a few times - I prefer supporting LGS - but they’ve lost my biz completely...
 
SimonRL said:
Picked up two boxes of Sellier and Bellot 115 gr FMJ for $33.00 a box earlier. If there had not been a two-box limit I would have definitely gone for more.
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Seems steep to me. I bought some Winchester white box a couple months ago for $16/box. Barring some sort of catastrophic emergency I won't be spending $30+ on a 50 round box of 9mm ball ammo.
 
So as a follow up off to a local LGS I went yesterday that had a Springfield M1A socom 2 16” barrel it had a fixed stock and the hand guard was heavy tactical, it was chambered in .308 for slightly over $2,000.00 what a beautiful rifle. Unfortunately I wasn’t in a position to buy it. I hope it’s still available in a couple weeks after I get my bonus check. I can only hope.
 
Ammo situation will be like gas was 10-15 yrs ago (I cant quite recall the year of that crunch). Gas was , like, $1.60/gal, and shot up to almost or at $4.00 within a year.
When it dropped to $2.00- what, approx 2 yrs later? - everyone went “whew! Thank goodness!” I had to remind friends that No, we weren’t back to ‘normal’ - normal had changed for good. They’d forgotten already...
Is ammo gonna be the same? Drop back down, but from here on at least $10/box higher than before Covid.
 
TidalWave said:
Ammo situation will be like gas was 10-15 yrs ago (I cant quite recall the year of that crunch). Gas was , like, $1.60/gal, and shot up to almost or at $4.00 within a year.
When it dropped to $2.00- what, approx 2 yrs later? - everyone went “whew! Thank goodness!” I had to remind friends that No, we weren’t back to ‘normal’ - normal had changed for good. They’d forgotten already...
Is ammo gonna be the same? Drop back down, but from here on at least $10/box higher than before Covid.
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Hans believes ( and I pretty much agree with him) that the new normal will be about a 50% increase from pre covid prices.
 
Bassbob said:
Hans believes ( and I pretty much agree with him) that the new normal will be about a 50% increase from pre covid prices.
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Yeah, I concur...25-50%...
only thing is, we all pretty much HAVE to buy gas.
Once demand/supply corrects, we’ll be able to shop around more for our ammo. That’ll help.
But manufacturers will never let it go down to the old price levels.
 
Bassbob said:
Hans believes ( and I pretty much agree with him) that the new normal will be about a 50% increase from pre covid prices.
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Agreed, is why stated to slack off buying ammo. Is about only way seen to combat inflationary pricing.
Is typical trend to most any inflated product like gasoline. - It's an often repeated cycle.

May hurt somewhat now, but we'll likely see results of higher price ammo later once dust is cleared if don't slack off now? It may not feel like it currently, but consumers still set actual prices. Way over priced "whatever" can sit on shelf and collect dust as far as I'm concerned.
 
BobM said:
Agreed, is why stated to slack off buying ammo. Is about only way seen to combat inflationary pricing.
Is typical trend to most any inflated product like gasoline. - It's an often repeated cycle.

May hurt somewhat now, but we'll likely see results of higher price ammo later once dust is cleared if don't slack off now? It may not feel like it currently, but consumers still set actual prices. Way over priced "whatever" can sit on shelf and collect dust as far as I'm concerned.
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Same here. I need more ammo, but technically I'm not at emergency status. My bar for panic mode is probably pretty high. My wife, bless her heart, has carved out some spending money for me from the budget because she sees how sad I get when people we know are getting thousands in stimulant money. My first inclination was to drop about 2k on ammo. I reconsidered and I'm going to spend it on hardware instead. :)
 
TidalWave said:
Yeah, I concur...25-50%...
only thing is, we all pretty much HAVE to buy gas.
Once demand/supply corrects, we’ll be able to shop around more for our ammo. That’ll help.
But manufacturers will never let it go down to the old price levels.
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One thing with and to conserve gas to help is to consolidate, plan routes and trips in loops.
Living out in BFE will train persons pocket book pretty quickly.
 
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