I keep hearing over and over again that the M&P15R is a great training weapon / plinker due to the fact that 5.45 is so much cheaper than 5.56. This may well have been true many months ago, but more recently the prices have slowly begun to even out and I’m starting to think that this whole thing is now a bust. So, I decided to run some very basic numbers.
If you shop around, you can buy a brand new S&W in 5.45 for around $950 (probably even cheaper by the time you read this). Following the recommendations on this site, at a minimum one should also upgrade to an H3 buffer and install a BCM extractor upgrade kit, bringing the total price to around $990.
In comparison, you can buy a brand new Colt, BCM, or DD rifle in 5.56 for about $1,150. All of these are ready to go out of the box and require no additional functionality upgrades.
Assuming this is one’s first rifle, between the rifle chambered in 5.45 and the rifle chambered in 5.56 you’re only saving about $160.
Since the assumed motive in this situation for buying this rifle is to save money, I’m also assuming that one would buy cheap ammo. At AIM Surplus right now, you can buy Silver Bear ammo in 5.45 for about $0.225 a round and Wolf ammo in 5.56 for $0.2495 a round.
What does that $160 in initial savings equate to? You would have 711 more rounds to work with if you went with 5.45 rifle instead of a 5.56 rifle.
If you already own a 5.56 rifle, the price of the 5.45 rifle would have equated to 3,967 more rounds of ammo in 5.56 you could have purchased otherwise.
What about cost savings if you fired, say, 30,000 rounds of 5.45? For the cost of that many rounds of 5.45, you could have fired 27,324 rounds of 5.56.
I could go further, but I’ll stop there.
Basically, what this tells us is that, unless you’re running a school that issues these rifles as part of the curriculum and you have some very, very high round counts, the savings are relatively negligible on an individual level.
I think most people are recognizing this already and I expect S&W to cease production of this weapon in a few years. This would certainly explain why S&W hasn’t created more variants chambered in 5.45 and have instead added to their line of variants chambered in 5.56.
The verdict? In my humble opinion, stick with 5.56 and buy yourself a nice Colt, BCM, or DD instead.
Thoughts?