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Need some help pricing a gun

Discussion in 'Guns & Hunting' started by GoatFiddyone, May 13, 2011.

  1. May 13, 2011 at 1:38 PM
    #1
    GoatFiddyone

    GoatFiddyone [OP] Well-Known Member

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    I've got a buddy who owes me $700 for some car parts. He offered to trade me a Rock Island Armory Tactical 1911 with a Wilson match hammer and trigger and an aftermarket grip. I guess he polished the barrel and feed ramp.

    [​IMG]
    [​IMG]
    [​IMG]

    Is this a good deal for me?
     
  2. May 13, 2011 at 1:42 PM
    #2
    67gtonut

    67gtonut Well-Known Member

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    IMHO..... it's close....

    I would ask for $100 cash along with the RIA
     
  3. May 13, 2011 at 1:44 PM
    #3
    t4daddy

    t4daddy Well-Known Member

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    Not without some cash to boot. Those guns can be had for way less than $700.00, and the bits he has added are pretty cheap as well.
     
  4. May 13, 2011 at 1:46 PM
    #4
    river rat 69

    river rat 69 Well-Known Member

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    NO Chrome,3" NFab's steps,TRD skid,Wet okie's.011 grill, k&n,5100's,All this comes right off when the old lady says let's go get a NEW ONE!!!
    Used around 500 bucks in Fla..
     
  5. May 13, 2011 at 1:48 PM
    #5
    GoatFiddyone

    GoatFiddyone [OP] Well-Known Member

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    That's what I was thinking. I've heard these are decent guns but there are better options.
     
  6. May 13, 2011 at 1:48 PM
    #6
    t4daddy

    t4daddy Well-Known Member

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    Gunbroker.com new for less than $400.00.
     
  7. May 13, 2011 at 1:50 PM
    #7
    TacPro45

    TacPro45 Well-Known Member

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    Sweet gun!
     
  8. May 13, 2011 at 1:51 PM
    #8
    MattS67

    MattS67 Well-Known Member

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    I'd pay about $400 for it.
     
  9. May 13, 2011 at 4:52 PM
    #9
    Polymerhead

    Polymerhead Well-Known Member

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    Those Hogue wraparound grips cost about $15, if it helps. Not much of an add-on.
     
  10. May 13, 2011 at 5:05 PM
    #10
    kauaibuilt

    kauaibuilt U no kea but AINOFEA!

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    Check out my sig...
    budsgunshop.com for just over $400 new.
     
  11. May 13, 2011 at 10:19 PM
    #11
    thinkingman

    thinkingman Well-Known Member

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    He still owes you $300 cash.
     
  12. May 14, 2011 at 1:51 PM
    #12
    StZu

    StZu Where the White Women At?

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    ask him if he has another 300.00 gun to make things even.
     
  13. May 14, 2011 at 5:41 PM
    #13
    Packman73

    Packman73 ^^^^ 3%er ^^^^

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    Yup, that's a ~$400 1911.
     
  14. May 15, 2011 at 5:04 AM
    #14
    knayrb

    knayrb Well-Known Member

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    That and a boat load of ammo for the trade.
     
  15. May 15, 2011 at 8:46 AM
    #15
    meeestirg

    meeestirg Well-Known Member

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    yeah if you want the gun +ammo for the trade. $300 worth is roughly 1000 rounds +/-50
     
  16. May 15, 2011 at 1:04 PM
    #16
    Rip

    Rip Why wasn't I born rich instead of so handsome?

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    If the guy who polished the ramp isn't a gunsmith, chances are he's messed it up and you'll end up taking it to a 'smith to fix it.

    Ask him to sell it for $700 and give you the money.

    Rip
     
  17. May 15, 2011 at 7:43 PM
    #17
    bjmoose

    bjmoose Bullwinkle J. Moose

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    Switching from valuation to advice -

    I've had the experience of "hard up" friends owing me money. The fact that he's making the offer shows that he's hard up for the cash and knows he's unlikely to have it in hand anytime soon. How long has he owed you?

    On the one hand, you turn it down and *maybe* he'll come up with the full amount. Maybe. On the other, you may never end up collecting anything.

    Your best bet may be to take it plus some ammo or cash. Tell him you'd like to help him out but... and then show him a few realistic valuations (not this thread but maybe some of the links in this thread - making sure to allow for shipping/taxes/transfer fees you'd have to pay on any online purchase) and ask him what else he can throw in to complete the deal?

    If you take the gun plus the promise of, say, 300 later, you're less likely to end up collecting that 300. In his mind, he paid you off the full value when he gave you the gun (because that's how much its worth it in his mind) and paying the "unfair" remainder of the amount will take a lower priority vs. other obligations.

    It's all part and parcel of lending friends money... "Lend money to a friend only if in the end you're willing to lose one or the other."

    EDIT: final thought - you didn't originally give him cash right? Car parts? How did you arrive at that value? Any chance you were personally overvaluing them as much as this your pal is overvaluing this piece?
     
  18. May 16, 2011 at 6:32 AM
    #18
    GoatFiddyone

    GoatFiddyone [OP] Well-Known Member

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    I'm actually giving him a pretty sweet deal on the parts. They are Kooks long tube headers and catless mid pipes plus an AEM brute force intake from my GTO. I already gave him a slamming deal on the car and he had cash. I don't think he is too hard up, he just paid cash for the car and that cleaned him out. I already told him that I would rather have the cash and he was cool with it. Thanks for the help and advice folks.
     
  19. May 16, 2011 at 6:46 AM
    #19
    OH-MAN

    OH-MAN Well-Known Member

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    The pistol stock is the lower end of the 1911 spectrum.
    Adding parts helps. Unskilled installation, grinding, fitting is a crapshoot at best.
    If you have a professional gunsmith around have it checked.
    Nothing worse than having a messed up 1911.
     
  20. May 16, 2011 at 8:49 PM
    #20
    azgunrunner

    azgunrunner Well-Known Member

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    Dealer cost is $415.00. Gunbroker has multiple listed for $475-500.

    wilson match hammer runs $35.00, worthless unless you have the match sear and spring. The trigger in the picture is the stock trigger that comes with the gun. The Houge wrap around grips are like $20.00.

    So at best you've got $500 at dealer costs.
     
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