Price Differences

One of the obvious differences between new and used firearms is the cost. Clearly, used firearms tend be lower priced but the price differential may surprise some readers, likely related to overall scarcity.

More than two-thirds of previously owned handguns purchased in 2020 cost less than $500, and over a third were less than $300.
Comparatively, just over half of new handguns were purchased for less than $500, and only 20% were purchased for less than $300.

Similar price differential for new and used products are seen across other types of firearms. Opportunities exist in the higher-end of the market as well, with roughly 10% of previously owned traditional rifles and shotguns reported to have purchase prices of $1,000 or more.