It might be a good time to pick one up if you haven't already.
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Gun enthusiasts who rushed to purchase AR-15s at the height of Congressâs recent debate over gun control may soon regret having spent so much money.
It appears that the market for the popular rifle has bottomed out.
The average price of an AR-15 has in recent weeks returned to the $800-$1,050 range, down from its all-time high of $2,500 (averaged), according to the gun blog The Truth About Guns.
âAfter 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 Americaâs favorite firearm was about to be banned by the powers that be,â writes Nick Leghorn, the testing and reviews editor for the blog.
âThis cleared the entire available stock of guns, and made manufacturers ramp up to meet demand.
âIt was good times for manufacturers, but now the AR-15 bubble has burst and things are looking downright depressing for manufacturers,â he adds.
And it appears the supply of AR-15s, once feared by many to have run dry, is flowing again. Below is a photo Leghorn snapped recently while in a Cabelaâs sporting goods store:
âBy now, everyone who âneededâ an AR-15 has found one. Even if they emptied their bank accounts to do it, they have their rifle,â the report continues.
âBut 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,â it adds.
More
http://www.theblaze.com/stories/201...t-having-bought-that-ar-15-earlier-this-year/
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Gun enthusiasts who rushed to purchase AR-15s at the height of Congressâs recent debate over gun control may soon regret having spent so much money.
It appears that the market for the popular rifle has bottomed out.
The average price of an AR-15 has in recent weeks returned to the $800-$1,050 range, down from its all-time high of $2,500 (averaged), according to the gun blog The Truth About Guns.
âAfter 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 Americaâs favorite firearm was about to be banned by the powers that be,â writes Nick Leghorn, the testing and reviews editor for the blog.
âThis cleared the entire available stock of guns, and made manufacturers ramp up to meet demand.
âIt was good times for manufacturers, but now the AR-15 bubble has burst and things are looking downright depressing for manufacturers,â he adds.
And it appears the supply of AR-15s, once feared by many to have run dry, is flowing again. Below is a photo Leghorn snapped recently while in a Cabelaâs sporting goods store:
âBy now, everyone who âneededâ an AR-15 has found one. Even if they emptied their bank accounts to do it, they have their rifle,â the report continues.
âBut 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,â it adds.
More
http://www.theblaze.com/stories/201...t-having-bought-that-ar-15-earlier-this-year/
