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The Military-Style Rifle 'Bubble' May Have Burst
Business Insider ^ | 6-24-2013 | Rob Wile

Posted on 06/23/2013 10:18:12 PM PDT by blam

The Military-Style Rifle 'Bubble' May Have Burst

Rob Wile
June 23, 2013, 6:53 PM

Demand for military-style rifles like the AR-15 have peaked, according to one account (as Tweeted by NYCAviation's Phil Derner Jr.).

Nick Leghorn, the testing and reviews editor for TheTruthAboutGuns.com, says he recently attempted to sell another assault rifle, a 16" modified 300 Blackout rifle online.

But he found the market wanting, and ended up settling for an offer $700 below the list price.

He continues:

When I walked into the local Cabela’s and saw racks upon racks of AR-15 rifles (pictured above)(Can't post the Getty image) for sale, I knew why . . .

After the gun control scare earlier this year, demand for AR-15 rifles went through the roof. People were maxing out their credit cards on fears that America’s favorite firearm was about to be banned by the powers that be. This cleared the entire available stock of guns, and made manufacturers ramp up to meet demand.

It was good times for manufacturers, but now the AR-15 bubble has burst and things are looking downright depressing for manufacturers.

By now, everyone who “needed” an AR-15 has found one. Even if they emptied their bank accounts to do it, they have their rifle. But with sales slowing down, the price of an AR-15 is cratering. People are no longer willing to buy at the inflated panic-level prices, and dealers are starting to discount the guns in order to clear their shelves.

This development is a double-edged sword, of course. As Leghorn observes, this now means that anyone in the market for a cheap assault rifle will now likely be able to find one.

(snip)

(Excerpt) Read more at businessinsider.com ...


TOPICS: News/Current Events
KEYWORDS: ar15; assaultrifle; banglist; guncontrol; guns; secondamendment

1 posted on 06/23/2013 10:18:12 PM PDT by blam
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To: blam

I’m seeing them again at my local Wal-Mart.


2 posted on 06/23/2013 10:21:26 PM PDT by 2ndDivisionVet (I'll raise $2million for Sarah Palin's next run. What'll you do?)
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To: blam

That’s good news to me and my bank account.


3 posted on 06/23/2013 10:21:59 PM PDT by Windflier (To anger a conservative, tell him a lie. To anger a liberal, tell him the truth.)
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To: blam

Ammo is still wanting.


4 posted on 06/23/2013 10:23:35 PM PDT by Red Steel
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To: 2ndDivisionVet

Seeing any ammo to go with them?!


5 posted on 06/23/2013 10:23:40 PM PDT by 21twelve ("We've got the guns, and we got the numbers" adapted and revised from Jim M.)
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To: blam

The problem is ammo. People are a little weary of buying a thousand dollar rifle, average, that they cannot get ammo for, or afford to shoot.

I’m as happy as pie to see the racks fill up again. I’ll be happier to see the ammo fill up the shelves and go back down to normal again too.


6 posted on 06/23/2013 10:24:04 PM PDT by Dogbert41 (Thy Kingdom come!)
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To: Dogbert41

Saw 1K rounds of 5.56 at the gun store the other day for $699.


7 posted on 06/23/2013 10:27:09 PM PDT by smokingfrog ( ==> sleep with one eye open (<o> ---)
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To: 2ndDivisionVet
I’m seeing them again at my local Wal-Mart.

Maybe I've got to get a ways outside the Metroplex to find a Walmart that carries real firearms. The ones around the Dallas metro area only carry air rifles and ammo (which is completely out of stock, except for shotgun shells).

8 posted on 06/23/2013 10:31:34 PM PDT by Windflier (To anger a conservative, tell him a lie. To anger a liberal, tell him the truth.)
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To: blam
Saw this on I-40 outside Nashville on Saturday.
9 posted on 06/23/2013 10:49:22 PM PDT by DannyTN
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To: blam

The dynamic here in CA is a little different. They will start registration of “long guns” the first of next year, so the supply is still tight here on AR’s. Also, maybe this is happening, but go peruse the on-line sellers, and you still see virtually no AR’s or other rifles of that genre available. I will wait until I see firm evidence that they demand has actually diminished,


10 posted on 06/23/2013 10:53:04 PM PDT by vette6387
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To: blam
ARs were overpriced before the panic buying made it extra crazy.
11 posted on 06/23/2013 11:06:04 PM PDT by Goldsborough
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Yet another motivating article from BI. /s


12 posted on 06/23/2013 11:07:17 PM PDT by Gene Eric (Don't be a statist!)
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To: DannyTN

BFG ....


13 posted on 06/23/2013 11:08:17 PM PDT by Vendome (Don't take life so seriously, you won't live through it anyway)
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To: blam

They’ll clear the shelves the next time gun control comes up.


14 posted on 06/23/2013 11:14:34 PM PDT by wastedyears (I'm a gamer not because I choose to have no life, but because I choose to have many.)
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To: blam

This isn’t bad news. It will pressure manufacturers to produce bigger better rifles to provide market appeal in super saturated market and it could drive prices down on the higher end rifles which have been passed on by most folks previously d/t unreasonable prices-rifles like the SCAR and ACR for example.


15 posted on 06/23/2013 11:31:58 PM PDT by RC one
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To: Red Steel

Ammo’s the problem. My prepper daughter wants to buy a gun, but she figures why bother if she can’t afford to buy enough ammo to even train with it.


16 posted on 06/24/2013 12:56:08 AM PDT by AZLiberty (No tag today.)
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To: blam

The problem is no longer obtaining the firearms, it is the ammo.

There has to be more to the Gov’t purchase of ammo that is drying up the supply. Yes citizens have been purchasing ammo for the past 7 months like crazy, but I have to believe that there is Gov’t pressure on ammo companys to prevent selling new ammo to the civilian market.


17 posted on 06/24/2013 1:51:52 AM PDT by CapnJack
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To: Red Steel; 21twelve; Dogbert41

Wal-Mart, Meijer, Dick’s, Gander Mountain, MC Sports, and the little locals are still having ammo troubles, but Cabela’s has been eating their lunch. They have been maintaining HUGE (to me) stocks of 5.56, .223, 7.62x39, and .308 (among others), and sell 30.06 in Garand clips by the military-style can.

Still problematic: .22LR, .38SPL FMJ, maybe some others that I don’t look for.

At a gun show within the past month I saw 5.56 in military style cans, supposedly Lake City, and NOT for inflated prices. Tracers by the 20-rd military clip, too.


18 posted on 06/24/2013 2:50:44 AM PDT by ExGeeEye (It's been over 90 days; time to start on 2014. Carpe GOP!)
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To: blam

http://www.gunbot.net/ammo/223-556


19 posted on 06/24/2013 4:12:32 AM PDT by Jack Hydrazine (I’m not a Republican, I'm a Conservative! Pubbies haven't been conservative since before T.R.)
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To: blam
Bottom Drops Out of AR-15 Market
20 posted on 06/24/2013 4:27:04 AM PDT by Stentor
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To: Red Steel

Plenty of .223 and 5.56 ammo available. Right now, a deal on it is less than $.45 per round. Bet prices are online and in bulk. But, I can also pay more and buy from the local shops without too much of a problem. .22, 9, and other handgun ammo is still scarce.


21 posted on 06/24/2013 4:30:43 AM PDT by Solson (The Voters stole the election! And the establishment wants it back.)
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