jeff_gibbons
Well-known member
I've been looking at buying a 280 Rem and noticed that Remington 700's appear to be commanding a price premium now that the company is folding up. What do you think? Is the premium worth it?
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Exactly !Questions like this amaze me. Who cares what anybody else thinks? If you want a Remington, buy one. Or listen to what everyone else thinks. mtmuley
Agree. Thats my feeling on this. It's a bubble around the fact that the company closed.Supply and demand. Wait a few months and the price will go back down.
The only reason there is currently a price premium is because the factory was shut down in March by the lovely governor of NY (15 days to flatten the curve, you know). Then they reopened for a bit, then shut down in late September when they were sold. The new owners got their FFL sorted out early this year. The factory is supposed to start producing guns again on March 1st. Zero supply for 5 months and there is still demand, so the [relatively] free market drives up the price.