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PointnClick

Estimate/appraisal needed

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Back in 2007, the prices of AR's were rising due to the hostility toward the 2A by that incoming administration, and since I didn't have one, I decided to buy an AR. This article guided me, and I purchased a CMMG model MOD4 SA w/ a 16 inch chrome bull barrel, and free float rail system. It came with 2 standard 30 round mags. I stuck it in the back of my safe and basically forgot about it.

 

Now I have a bill to pay, and have reluctantly decided to sell it. My problem is that I don't recall what I paid for it and I have no idea what the current market is like. I see CMMGs priced from $800 to $1800, so I was hoping this assembly of experts could give me an appraisal. It is in brand new, literally never fired condition.

 

Any assistance would be greatly appreciated.

 

Thanx,

 

PointnClick

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Hold on to it.... Investment.... drive Uber make the money other ways... :segrin:

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I can't help you with the price, but I can tell you it is a buyer's market right now.

If you can sell something else, or find another way to get the funds, I would wait if I could.

 

ARs are funny though.

Except for a few sales, the very highest tiers of AR's manufacturers seem to be able to sustain their premium prices.

I do not know where CMMG fits into that hierarchy.

 

There will be more knowledgeable people along to help. Good Luck. Hang on if you can.

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Go to the auction sites and see what they are going for. Hard to give you an estimate with no good photos. ON CMMG's website a new one is $999 but you have to deduct for the condition. With no pictures wouldn't even guess.

Edited by gshayd

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The thing you will be up against is many folks will lean toward the less spendy new AR's that currently sell for around $400.

 

I'd suggest you find another way to fund yourself. Second job, sell something else maybe?

 

If you must sell that rifle then be prepared to get less than you may be thinking for it. The simple fact is you are only ever going to get for it what somebody is willing to pay. Not necessarily what you or somebody else may think it's worth.

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Go to the auction sites and see what they are going for. Hard to give you an estimate with no good photos. ON CMMG's website a new one is $999 but you have to deduct for the condition. With no pictures wouldn't even guess.

 

Literally new-in-box, never-fired condition. I could take photos, but as I said, it's a virgin... don't think it's ever had a magazine inserted.

 

 

The simple fact is you are only ever going to get for it what somebody is willing to pay. Not necessarily what you or somebody else may think it's worth.

 

Yes, that is one of the true constants of the universe, isn't it...?

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As advised look at the over-priced gunbroker for same to get an idea. Or look at the exact same model new and knock off 20% if you need to quick sell.

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The description you gave doesn't push its value up beyond the least expensive CMMG rifles you've found for around $800. Especially if it's used (even if not fired, it's still used).

 

If you could show a picture, people here can look at components and may be able to tell you if what you have is a higher end or lower end CMMG rifle.

 

I'd try to sell it to good friends or family first for whatever you consider a reasonable price.

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In all honesty, I'd not look to get much more than $600-$650 from what you have posted here and what options it's got....

 

AR's are a dime a dozen and more people want the cheap ones.....

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It is still a used rifle when you trade in a gun you are only going to get 75 of its current worth at most. CMMG sells something like it for $995 brand new so you might get " lucky " and sell it for a max of $700.00 if it is the condition you say it is. Advertise it for that and see if you get any interested people. If not you may have to go as low as $550 would be my offer might go a little higher if I had some Pics and Specs. Right now you have a whole 2 posts on the forum.

 

Welcome to the forum

Edited by gshayd

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As I recall, we had one picked up during the last panic that we sold for about $700-$750 after it had sat around for a few years.

 

It really isn't a good market to be making money on AR's right now, particularly those in the "mid range" of prices. Of course that could change in days, weeks or months.

 

Don't you have anything else to sell that you won't lose money on or won't be missed? Like a kidney?

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As I recall, we had one picked up during the last panic that we sold for about $700-$750 after it had sat around for a few years.

 

It really isn't a good market to be making money on AR's right now, particularly those in the "mid range" of prices. Of course that could change in days, weeks or months.

 

Don't you have anything else to sell that you won't lose money on or won't be missed? Like a kidney?

This is what the market is going to bear out. Selling to any gun/pawn shop will not yeild god results. Most of them bought a bunch of cheap ARs in the lead up to the election and susequent school shootings. Bans have not materialized as of yet and dealers are crying the blues somewhat. Firearm purchases in general are up but the AR market is flat. If you got $500 from a dealer you would be doing good.

 

A private sale is the way to go and you should realize the $700ish price that has been suggested. I sold a couple of custom builds recently in the $600 range and did not recover what I had invested. I knew both gentlemen I sold them to and they knew my skill as a builder. Your factory rifle might bring you a bit more on name recognition. CMMG is a good quality rifle but does not have the same name recognition as a Colt to a first time buyer who may pay a bit more than a seasoned AR owner.

 

While your AR may have not been your go to range rifle. sacrificing it to pay a bill may not realize what you might want. Take the advice given here. Either try and sell something else or get a temp quick cash job like Uber. A quality hunting rifle, altho maybe hurt you more, it may realize a better return on your money. You can always buy another after the dust settles and you are better off financially.

 

Good luck and hopefully you will solve your problems soon.

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The main issue will be finding a buyer looking for a 16" bull barreled AR. Not many of those guys out there. As far as a realistic market value, you are most likely looking around $500. Although CMMG makes good dependable products, the way the AR market is these days does not support higher prices on many ARs, especially one in that configuration. You can always try listing it for around $600 to see what happens, but $500 would be a more realistic selling price. Quite frankly, I would find a way to keep it and maybe change the barrel and handguard out at some point to make it a more usable and versatile AR. Bull-barreled ARs are just not that versatile.

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Thanks for you help on this, folks... I got really lucky, and found a friend who would let me "pawn" it with him, with no interest and no repayment timeframe. Still gonna throw him a hundred bucks when I settle up, just for being a great friend and helping me to not take a loss on this... =)

 

Thanx again!

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Happy for you and glad to see you have a good friend like that. Welcome to the forum.

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