LMT .308 on the cheap? Did I screw up?

Ankeny

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Minuteman
Aug 11, 2009
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I walked away from one hell of a deal yesterday. LGS had an LMT .308 with a Vortex Viper Scope stabbed in a Warne Mount for sale for $1995.00. I am a regular customer so they offered it to me for $1800.00 plus tax OTD. Salesman told me I could make a counter offer to the boss. I could even use a credit card with no additional fee. I did some quick math in my pea brained noggin. Let's see, rifle about $2800.00, plus mount $125.00, and around $1100.00 for the scope. That's $4025.00 on the low side retail price new. Hmmm...so what's the deal with the rifle?

Guy bought the rifle then got into financial trouble. Traded the rifle to a guy for some work performed. Guy that did the work traded it in on a bow and some arrows. Less than 100 rounds through the rifle. Looks good as new. More pondering and thinking. OK I know the manager...I can probably get the rifle for $1700.00 no problem. Heck of it is, I don't really want the damn thing and I am unsure how hard it would be to flip for profit. Did I screw up?
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It's only worth is what someone is willing to pay for it. How long has the lgs been sitting on it? If you flip it for a 400 dollar profit in 6 months you couldn't make that on any investment in the same time period.
Risk reward is a coin flip.
 
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Sold last night about 10 minutes after I left.
Watch for it in the px here for about $500 more….😞

It hurts to pass on something just to watch it gone when you figure it out. I’ve done that a few times here in the px section. Of course it probably dodges a few scammers along the way as well

Just from recognition that upper would probably go gutted for $800 (quads are harder to find used in my experience), BCG/CH $400, Barrel (probably a 16” CL 7.62) $300-$350.

Put you around $1500 just for the upper just estimating but safe to say $1200 without barrel is reasonable. Then $300 for the barrel itself

Scope would maybe net you $400.

Sell just those and you’re already profiting over the maybe $1700 you could have bought it for. Less shipping of course

Lower probably $700 ish ballpark guess. It’s not a mars so a little less sought after imho but comes complete and appears to have the sopmod stock

Could have kept it and had a steal of a deal in your safe or probably flipped for $2000 + whatever the scope would be worth separately

My numbers are just estimates from when I bought/sold my MWS parts. I know if I could’ve got that for $1700 I wouldn’t have made it to the bank fast enough. Probably have a $1300 LMT MWS said and done when I parted with the optic

Of course you could loose on the sale as well but I don’t see anything here that results in you not having found a deal or coming out behind had you went forward with the sale
 
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