Homesteading and Survivalism

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AR-15 Bubble Has Popped

AR-15 Bubble Has Popped
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It had to happen sooner or later. With demand dropping, and manufacturing at an all time high, sooner or later the bottom had to drop out of the AR-15 market.

Instead of people buying AR-15s as soon as they are on the shelf, I am seeing rifles staying in stores 2, 3 even 4 days before they are selling.

In addition to staying on the shelf, I am seeing multiple rifles in stock at the same time. The local walmart had 2 colts and 1 bushmaster in stock over the course of a weekend.

I hope prices bottom out over the next few months so I can pick up another couple AR-15s.

Last Friday (June 21, 2013) I dropped by pawn shop here in Jasper Texas. I acted like I was interested in buying, but what I really wanted was information on what other people were buying. According to the nice lady at the pawn shop ARs were not moving like what they were a couple of months ago.

No wonder the rifles were not moving, why should I buy a basic Bushmaster from the pawn shop for $1,100, when I can buy a Colt 6920 with Magpul furniture from wal-mart for $1,170?

The pawnshop had a bunch of 30 round AR-15 magazines starting at $25.

Why should I buy an aluminum magazine for $25, when I can get brand new aluminum magazines off the internet for $10 – $12. Pmags have been available for $13 – $16 for the past month.

Hopefully the price gouging market will crash and burn.

I also hope buyers are educating themselves on what the rifles are actually worth.  Just because someone ask $1,100 for a Bushmaster does not mean a Bushmaster is the same quality as a Colt, LMT, Bravo Company, Daniel Defense or Palmetto State Armory.

To go along with AR-15 prices, AK-47 prices seem to be coming down.  A few days ago someone on my facebook feed posted a link to Zastava PAP M70 that was on sale. The starting price was $899, sale price was $599. $300 drop in price for a new AK-47 is a good sign.

Because the majority of AK-47s on the market are imported it might take a little longer for prices to drop then AR-15 prices.

If you are in the market for an AR-15 or AK-47, pay attention to prices. The time to buy may be just around the corner.

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Kevin Felts was born and raised in southeast Texas, graduated from Bridge City high school Bridge City Texas, and attended Lamar College in Port Arthur Texas. Hobbies include fishing, hiking, hunting, blogging, sharing his politically incorrect opinion, video blogging on youtube, survivalism and spending time with his family. In his free time you may find Kevin working around the farm, building something, or tending to the livestock

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Updated: June 23, 2013 — 4:03 pm


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