Sigs Not Holding Value?

Get Off My Lawn

Get Off My Lawn

Artist formerly known as Pink Vapor
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Am I missing something?
I've had a safe queen Sig P229 40 S&W for a few years. I bought it from a friend that shot 20 rounds and needed money. It seemed a good investment, usually a quality gun holds or increases in value.
I thought these sold for $800-$900 new, used ones seem to be selling for half that now :confused: I may just keep it.
The Block 35 MOS Gen 5 has my attention & I was hoping to not have to crack the piggy bank (much).
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I think one of the main problems is that it’s a .40. Most people just aren’t buying .40s right now.
They’re have been good deals on police trade in 40 cal sigs for a while and combined with the softness of the market as a whole it can make it a tough sell.
 
Pink_Vapor said:
Am I missing something?
I've had a safe queen Sig P229 40 S&W for a few years. I bought it from a friend that shot 20 rounds and needed money. It seemed a good investment, usually a quality gun holds or increases in value.
I thought these sold for $800-$900 new, used ones seem to be selling for half that now :confused: I may just keep it.
The Block 35 MOS Gen 5 has my attention & I was hoping to not have to crack the piggy bank (much).
View attachment 53880 View attachment 53881
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The 229 was a highlight when it came out, but being in 40 and not most people going with lighter polymer pistols it's fallen to the way side. They were massed produced and now that so many examples are on the market from LEO trade-ins the price has been driven even further down.
 
Hadoken said:
I think one of the main problems is that it’s a .40. Most people just aren’t buying .40s right now.
They’re have been good deals on police trade in 40 cal sigs for a while and combined with the softness of the market as a whole it can make it a tough sell.
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Beat me to it.
 
Plus lots of M&P .40's police trades along with Glock 22 factory refurbished.
 
Like the S&W 5906 in prior years, the p229 in .40 is a victim of its own popularity.

S&W 5906s were sold out of police inventories over about a decade for prices roughly half of their original cost. While the P229 in .40 is not as common among police as was the 5906, police sales will probably overhang the market and depress prices for years.
 
I believe both H&K and S&W are currently discounting new .40's.
 
Yup, your biggest issue is it being a .40.

That combined with the smoking deals we're seeing and it not being a special edition, means you have to compete with police trade ins.
 
When the Po Po goes away from the 40 caliber it loses its lust. It’s a dying caliber. Keep the gun as it has more value as a second home defense gun. You’ll have to take a huge hit if you try selling it.
 
Sigs have suffered from poor resale value for years. As others have said, the chambering hurts it, too.

I’ve noticed over the years that most guys who want a Sig and have the money for one will just go buy one new. The guys who want a used one, even if it is LNIB, want a deal. There is very little in between those two sets of buyers.
 
Depends on the model of SIG. Some hold great resale value. SIGs' problem is SIG. When they moved to Exeter and got new managements their reach exceeded their grasp, introducing a billion new models, some of which we just junk, some of which suffered horrible QA/QC problems.
 
RaceRedGT said:
I always try to buy used. Its hard to find a gun thats been wore out. Nobody shoots them enough. The only time I don't buy used is if I really just love the gun and want one that is undefiled [emoji23]
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It's the same with motorcycles. No need to buy new when the used market is flooded with like new examples.
 
bashman said:
Keep it and buy a 9mm conversion barrel.
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I'm apparently the oddball.
OddBall.jpg
I still like the 40 and have three of them, and wanted the long slide Glock 40S&W for the Sig.
It's hard to believe the 9mm does as much damage as a 40. A 40 has more recoil & every action has an equal and opposite reaction, thus more energy dumped into the target. Most 9's only carry 2 extra rounds. The FBI/Popo have gone back to the 9mm due to better ammo designs and low recoil, statistically they rarely do much practicing.
I did some testing with 9mm, 40 & 45 with a dozen open topped 5 gal buckets filled with water.
The 9mm & 45 went through like FMJ's. Two of the 4 buckets hit with the 40 jumped up 2'+ and split from the bottom up to the rim for the lid.
 
Got three in.40 too, all used almost as new police trades.
5906 also trade in.:)
 
Pink_Vapor said:
I'm apparently the oddball.
View attachment 53966
I still like the 40 and have three of them, and wanted the long slide Glock 40S&W for the Sig.
It's hard to believe the 9mm does as much damage as a 40. A 40 has more recoil & every action has an equal and opposite reaction, thus more energy dumped into the target. Most 9's only carry 2 extra rounds. The FBI/Popo have gone back to the 9mm due to better ammo designs and low recoil, statistically they rarely do much practicing.
I did some testing with 9mm, 40 & 45 with a dozen open topped 5 gal buckets filled with water.
The 9mm & 45 went through like FMJ's. Two of the 4 buckets hit with the 40 jumped up 2'+ and split from the bottom up to the rim for the lid.
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Thing is, everybody involved in the manufacturing of that bucket probably died the second that 45 hardball hit it.
 
Pink_Vapor said:
I'm apparently the oddball.
View attachment 53966
I still like the 40 and have three of them, and wanted the long slide Glock 40S&W for the Sig.
It's hard to believe the 9mm does as much damage as a 40. A 40 has more recoil & every action has an equal and opposite reaction, thus more energy dumped into the target. Most 9's only carry 2 extra rounds. The FBI/Popo have gone back to the 9mm due to better ammo designs and low recoil, statistically they rarely do much practicing.
I did some testing with 9mm, 40 & 45 with a dozen open topped 5 gal buckets filled with water.
The 9mm & 45 went through like FMJ's. Two of the 4 buckets hit with the 40 jumped up 2'+ and split from the bottom up to the rim for the lid.
Click to expand...

Agreed. I think the "dying caliber" is not really dying. It's just the victim of PDs downsizing to 9mm not only to accomodate less capable shooters but also for cost. Probably mostly for cost. So because the market is flooded with low cost .40 trade ins all the internet experts pronounce it a thing of the past. Lots of 40 hate out there right now but in reality it's an excellent caliber and I don't believe it's going anywhere.
 
Majicmike said:
I don't think anyone has brought it up yet but in my personal experiences the problem is it being chambered in 40s&w. I'll more than likely never buy another. You can shoot 45 for the same money.
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Caliber war!!

Why would you want to have to carry a larger heavier gun with less capacity when a 40 will deliver as much destructive power as a 45? :)
 
I think it's just as others have said, the market is saturated... I think the caliber had bearing in the equation but not that much, a DA/SA .40 is a niche market item.
I have a Springfield 1911 I've been trying to move, there's a group of people who will appreciate it, others view it as another 1911, that is used and more than the cost of a brand-new Rock Island. Your Sig suffers from the same problem.

A couple of years ago, I would have snatched it up, but it falls in the group of guns that I probably would sell off after a while, not something I would carry on a routine basis, not something I would shoot in a match,

.40 isn't going anywhere, I still shoot 40, still carry 40.
 
I don't think it is a caliber problem so much as a platform problem. I personally love the SIG classic line, but they are no longer being marketed and the group of people looking for one is getting smaller by the day.
 
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wemoodydc said:
I don't think it is a caliber problem so much as a platform problem. I personally love the SIG classic line, but they are no longer being marketed and the group of people looking for one is getting smaller by the day.
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Well I hate the new striker Sigs, and love the classic P-series. So the next few years will be nice for me as I buy unwanted P-series on the cheap.
 
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JGrigg said:
Well I hate the new striker Sigs, and love the classic P-series. So the next few years will be nice for me as I buy unwanted P-series on the cheap.
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I do think they are going to go through the same cycle as Gen 3 S&Ws. The retail market moves past them, a few die hard people buy them up, and years down the line a collector's market forms.
 
wemoodydc said:
I do think they are going to go through the same cycle as Gen 3 S&Ws. The retail market moves past them, a few die hard people buy them up, and years down the line a collector's market forms.
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I think the cycle is similar but different, S&W stopped producing or supporting the 3rd Gens, thus the demand is higher. If they still produced them, people would still be buying them.

The issue with Sigs and other DA/SA metal frame pistols is the fact that they are by their design, more expensive, to design, produce, and at a higher price point than a polymer striker fired pistol, a Glock had 34 parts, a DA/SA has substantiality more.

Part of the issue with Sigs right now is Law Enforcement's switch to striker fired pistols, many agencies still issue or approve them for duty, so there is a steady stream of them to the market being cycled into the market, for that matter, there are still agencies carrying 3rd Gen S&Ws.

You can see a slow resurrection of DA/SA pistols currently and I know of two agencies in my area that still issue them with no plans to change, and a few who went away from them and probably will return to them in the near future.
 
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