View Single Post
Unread 01-27-2010, 06:09 PM   #6
alvin
User
 
Join Date: Jul 2007
Location: US
Posts: 3,843
Thanks: 132
Thanked 729 Times in 438 Posts
Default

Let's assume $800 can be sold for each gun through other channels, (e.g. on gunbroker.com). The goal is to cut one gun's cost from $800 to $400. Then $800 x 3 + $400 = $2800. Considering 15% BP, the bidding cap is around $2400.

If RIA has reserve on the group, the reserve should be lower than their lower-end estimation. Of course, the final price is decided by the market. If people buying these for reselling, they are unlikely to bid high. They must calcuate cost and profit. It's a business, not hobby anymore.

===

[Edit] If acquired at $6k, averagely each goes to $1500, immediate profitable reselling becomes mission impossible.
alvin is offline   Reply With Quote