Is The Great Gun Buying Boom Over?

Background statistics suggest so:

September background checks for firearms conducted by the FBI were at the lowest in 22 months, suggesting the year and a half of panic buying guns has lost momentum.

FBI’s National Instant Criminal Background Check System (NICS) data shows background checks slumped 9.2% in September from a year ago. Unadjusted checks dropped to 2.63 million when compared with last September.

I sure hope so, because I would like to buy me some more guns. In particular, I’ve held off buying an AR-pattern rifle because prices got way crazy last year. Maybe I can finally pick up Smith & Wesson M&P15 in 5.56 NATO/.223 if they drop back to the $550-600 price range. (And not one of the crappy “legal for California” versions with the fixed magazine.)

Then again, maybe people have stopped buying guns because they need that money to buy food and gas thanks to the magic of Bidenomics.

Have readers noticed a drop in price and greater availability of popular models in their neck of the woods?

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12 Responses to “Is The Great Gun Buying Boom Over?”

  1. Jay Bee says:

    Local product availability has gotten better, but prices sure have not. Having said that, certain models are still hard to come by. Example: you can find a Ruger AR556 without any difficulty, but there hasn’t been an MPR to be had in well over a year.

  2. S. L. says:

    Grabagun dot com always has good prices. 👍🏻

  3. Del Varner says:

    Hopefully, this will also mean a drop in ammunition prices, but I wouldn’t count on it.

  4. Lorenzo DeFarias says:

    People don’t have the money, now that government covid checks have stopped and inflation has taken hold. There’s also a shortage of ammunition and a limited number of ranges, but the biggest reason is the free money from the government has stopped.

  5. steve says:

    Kinda wondering when the “fear porn” will end for all of the newbies. Wondering if at that point you will see a bunch of guns for sale cheap.

  6. hooodathunkit says:

    We will see. The market has adjusted on ammunition, it’s mostly available for a price. And I also think that balance between manufacturers and buyers is coming soon, but the end result is still far more firearms.

    The sales making the ‘boom’ was made possible by depleting inventory. Now that’s gone, and all the makers have increased production, several by (risky) plant additions. I also think some of the ‘crazy demand’ is gone were new buyers still want a gun but accept they can’t get one quite yet.

    Stats I’ve seen show 2021 on track to be about 15%-20% over 2020; ~26M NSSF and 42M-46M NICS.

    One things clear: there’s a lot of new, non-traditional gun owners.

  7. TwoDogs says:

    I long for the days of sub-twenty cent nine millimeter, but I don’t think we’ll see that again anytime soon, if ever. I’d settle for four cent primers, widely available.

  8. Robert says:

    Jay Bee, I bought a Ruger MPR 5.56 NATO 18 30RD a month ago and they are still available on Buds Gun Shop. I got lucky and they had some Federal .223 available (case of 1000), but I haven’t found any large quantities since.

  9. Robert says:

    Jay Bee, check out Buds Gun Shop. I just bought a Ruger MPR 5.56 NATO 18 30RD
    last month and just checked and they are still for sale.

    Now finding ammo for it is another story. I lucked out and they had a couple dozen cases of loose Federal .223 available and I spent $690 to buy 1000 rounds. But can’t find any large quantities recently.

  10. The Gaffer says:

    I stopped going to gun shows years ago. The tables were all the same uninteresting stuff for nearly the same price. Hopefully every home now has its battery of AR, shotty, and a 9 and we can build firearms worth enjoying and keeping for generations again.

  11. sound awake says:

    just wait until the dems use another obviously fake fbi run false flag operation like jan 6 only bigger this time to
    1 invoke the insurrection act
    2 declare a national emergency
    3 “postpone” the 2022 midterm elections
    in the ensuing chaos that erupts everybody who was called crazy for stockpiling 20 semiautomatic rifles and 200 magazines and 20 thousand rounds of ammo will become everybodys best friend and considered pillars of society overnight

  12. Bruce Hayden says:

    Build an AR-15 instead then. Prices of components seem to be coming down.

    Around here in NW MT, AR-15s are now back in stock. At the two gun stores in town, about 1/3 of the long guns are ARs. A couple months ago, they were few and far between.

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