Colt is starting to open its eyes. Colt is lowering their prices on the 6920 model rifles for dealers.
My rep didn’t tell us how many models are going down, but he did say all magpul edition will be the first ones.
I’d like to see <$700 for OEM1/2, <$800 for 6920, <$1000 for 6920 SOCOM. If so, no other competitor will be able to compete, considering the quality/desirability of the components.
Back in 2008/2009, 6920s were hovering around $1350-1600.
The only reason Colt is lowering their prices is to compete in the civilian market, from which now the vast majority of their profits come.
Very happy to hear this. While my money has been going to Sionics lately, I’d still like another if 6920’s if the prices are going to come down.
I hope this doesn’t also signal a reduction in quality. Be careful what you wish for.
I personally saw a Colt rifle with an out of spec upper receiver.
While that can happen to any manufacturer, I’d begin to worry if and when the rate of defects increases.
By the fact that Colt prices are down, Colt’s profits as a result are too, and more Colt rifles are being sold, we’ll naturally see a greater number of defective Colt rifles.
I just bought my daughter a 6920 muddy girl for $850… I’m thrilled with it… Haven’t shot it yet, but fit and finish are very good. I’m still trying to figure out what the trigger is. It feels good, but it’s certainly not a mil-spec… It’s a flat hammer like a Geissele…
There is one absolute truth in the corporate world: profits never decrease.
Costs decrease, quality decreases, employees are let go, lead times are increased, and so on…but reduction in the retail price is not allowed to eat into profits.
I was all set to buy a Colt M4 to go with my BCM’s later this year. Now I’m not so sure.
Not really sure Colt can have profits when they are deeply in debt and received a 70 million dollar lifeloan from Morgan Stanley.
True. They are also reducing the number of model offered.
C4
Are SOCOMS gone?
Streamlining production then. Makes sense, and not a bad thing necessarily. Still need to add another Colt or three to my collection, hopefully will be able to add them, a Beretta or two, and maybe another Glock and H&K this year. Will have to see.
We haven’t received our updated price sheet yet so don’t know.
C4
Too little…too late!
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Sheer count isn’t the only statistic you look at. DPMO or defects per million opportunities. In other words, a percent defective, not just sheer number of defects. If that percentage or ratio trends up, then you are going in the wrong direction.
During the Obama panic I & IIm and the Sandy Hook panic I spied 6920’s fetch $3k. :suicide:
As for the OEM1, GT’s list it at $669. Currently not in stock but you can get on a list. During the panics GT’s never raised their prices though they did suspend sales for a spell to non-LEOs.
https://www.gtdist.com/products/guns/colt-ar-15-oem1-platform-carbine-fixed-front-sight-post.html
Not necessarily.
We received our new Colt price sheet. Rifles came down over $100 dollars! Pretty cool.
C4
Colt is desperately doing anything they can to drive up revenue as they rapidly approach bankruptcy. Can’t remember where I saw it but bond holders stand to take a 90% haircut when (not if) it happens…