Fast Twitch Posted January 24, 2017 Report Share Posted January 24, 2017 Looking for a used but in good shape factory Colt M16. Asking price on these is all over the place. Have cash in hand and looking for a half and half deal if the gun is on a form 4. I'm not interested in paying full retail or dealer asking prices as I've seen several of these go for $20-22k lately. If your asking price is in that range, please contact me with more details and pics. Thanks, Fast Twitch Link to comment Share on other sites More sharing options...
secondofangle Posted January 25, 2017 Report Share Posted January 25, 2017 (edited) do you have links to ones being sold in that price range, or are they all local deals that somebody happens across? I've seen threads on the latter, but have seen no legit A1s sell in the past 6 months on subguns, here, or GB or any other internet site for under $24K. Heck, there are threads about Ruben selling Colt SP1 CONVERSIONS for $20-22K. I can personally think of 4 of them in that range in the past 2 months alone. One might surmise that those with internet savvy know they can get a premium on the net because of its reach to more buyers. Those without forfeit several thousands in their sales. If that's true, you're not going to find what you're looking for on the internet. You will have to happen across it locally with a seller who has no internet savvy. This is not intended to jab at you. I'm just trying to understand if you have information that militates against my logical appraisal of the market and what I have observed as a buyer of 3 Colt M16s in the past year, checking the sites almost every day. And to help you consider if what you seek is reasonable. Edited January 25, 2017 by secondofangle clarity Link to comment Share on other sites More sharing options...
Craigan Posted January 26, 2017 Report Share Posted January 26, 2017 You might be able to find some Colt 614 rifles in that price range. They're marked "AR15", but they are factory colt machine guns. That being said, I haven't seen one in a while. As in two years or more. They used to be just about everywhere. I wish you luck in your search - but if it gets too tricky to find, don't hesitate to jump on a nice Sendra or Oly while they're still sub 20k. Link to comment Share on other sites More sharing options...
A Ros Posted January 29, 2017 Report Share Posted January 29, 2017 Pricing is hard to figure. The 614 seems to command less $, even though they are factory Colt. The A-1 run around 25k, but those that are M-16, not M16A1, are closer to 30k. Can anyone explain why the M16 is more $ than the A-1? Rarity? Link to comment Share on other sites More sharing options...
Craigan Posted January 29, 2017 Report Share Posted January 29, 2017 3 hours ago, AlanRosner said: Pricing is hard to figure. The 614 seems to command less $, even though they are factory Colt. The A-1 run around 25k, but those that are M-16, not M16A1, are closer to 30k. Can anyone explain why the M16 is more $ than the A-1? Rarity? I'm going to have to assume that's it - though they were 2 to 3k less than the A1s just a few years back. Link to comment Share on other sites More sharing options...
brennon272 Posted January 29, 2017 Report Share Posted January 29, 2017 The rifleman out of Georgia had a 614 at the creek this past fall. I'm almost certain it did not sell, coulda been because everyone wants A1s or the price was too high, either way you could start there. They are a professional group of people and often deal with rare MGs like stoner 63s and the like. Link to comment Share on other sites More sharing options...
huggytree Posted January 31, 2017 Report Share Posted January 31, 2017 when i was looking at m16's 9 months ago i was finding 614s for $24k (asking prices)....i doubt you find a Colt M16a1 for less than $24-25k in any condition.....unless you find a rare deal(which i have seen occasionally (someone selling for $2-3k under value)) show us what you find? Link to comment Share on other sites More sharing options...
Craigan Posted January 31, 2017 Report Share Posted January 31, 2017 For what it's worth, David has a Colt/Armalite model 01 for 24k or thereabouts. Historical and fielded in Vietnam, those 601's. I would rebarrel it and shoot it as much as I like. Link to comment Share on other sites More sharing options...
michaelkih Posted February 1, 2017 Report Share Posted February 1, 2017 (edited) So you want to pay less than the going price for a Colt marked M16, and not pay for it all upfront? Ok. Edited February 1, 2017 by michaelkih Link to comment Share on other sites More sharing options...
secondofangle Posted February 1, 2017 Report Share Posted February 1, 2017 I don't think M16-non-A1 are going for more than M16A1s. Ruben has sold SEVERAL A1s in the past 2 months in the $30-32K range (go figure!) and has a M16-non-A1 languishing there for $29,995 the whole time. Still there. Link to comment Share on other sites More sharing options...
brennon272 Posted February 2, 2017 Report Share Posted February 2, 2017 Either way youre looking at a mid 20's to 30k investment, at that price I would spend 10% more to get the A1 rollmark since that's what most people will do anyway. YMMV. Link to comment Share on other sites More sharing options...
Craigan Posted February 7, 2017 Report Share Posted February 7, 2017 (edited) There's a Colt 614 for sale in Austin, TX for 24,750. He will do the 50/50 payments as well. That and David's model 01 are the lowest I can find for factory Colt rifles. I stand by my previous assertion of getting a conversion RR while they're still under 20k. However, should you do that, I would avoid the colts because of the large pin uppers. Edited February 7, 2017 by Craigan Extra info Link to comment Share on other sites More sharing options...
x50plt Posted February 8, 2017 Report Share Posted February 8, 2017 I bought my m16a1 in 2016 for 21,000 I was patient and got it off Gunbroker on a form 3 from a dealer. Link to comment Share on other sites More sharing options...
YourCoWorker Posted February 22, 2017 Report Share Posted February 22, 2017 (edited) I just - today - purchased a fantastic Atlanta PD trade in M16A1 for $19,999 + tax. They had 2, now all gone. Edited February 22, 2017 by YourCoWorker picture didn't show Link to comment Share on other sites More sharing options...
secondofangle Posted February 22, 2017 Report Share Posted February 22, 2017 That's a good deal on the A1 from Clyde's, although my guess is it looks like a PD gun. Do you have photos? I also note you found it local, as I suggested above, that's how you're going to find a deal, not on the internet. I guess with the exception of the occasional GB listing, as noted above, where somebody says "screw it, I need to sell it fast" and they list it with no reserve and a reasonable starting price. Link to comment Share on other sites More sharing options...
YourCoWorker Posted February 22, 2017 Report Share Posted February 22, 2017 Not sure what the typical PD gun looks like, but there are a few very minor nicks around the magwell, otherwise it looks almost perfect. The handguards on the upper have one nick in them. Compared to wear on my other rifles, I'd be pretty comfortable guessing that this rifle saw very little use. Link to comment Share on other sites More sharing options...
Craigan Posted February 22, 2017 Report Share Posted February 22, 2017 Wow. I'm impressed, and that may very well be the last of the sub 20k m16a1s. +1 for the local find. I always wonder what's available but not listed online. Unfortunately most SOTs I visit almost never have anything other than a mac. Link to comment Share on other sites More sharing options...
Tall Pine Posted February 23, 2017 Report Share Posted February 23, 2017 4 hours ago, YourCoWorker said: I just - today - purchased a fantastic Atlanta PD trade in M16A1 for $19,999 + tax. They had 2, now all gone. Wow, very nice find. Congrats! Is it marked Atlanta PD? If so where? Just curious about the PD marking. I've seen (internet) some real nice engraving, and some not so much. Regardless, you got a steal of a deal! Link to comment Share on other sites More sharing options...
RMA Posted February 23, 2017 Report Share Posted February 23, 2017 That's a hell of a deal for today's MV, I would have jumped in myself at that price. Congrats. Link to comment Share on other sites More sharing options...
secondofangle Posted February 23, 2017 Report Share Posted February 23, 2017 Yeah, I too would have ponied up money I technically don't have for a sub $20K A1. Congrats. Link to comment Share on other sites More sharing options...
huggytree Posted February 24, 2017 Report Share Posted February 24, 2017 if they had 2 when you looked you should have bought both....after 12 months sold one and made $5k profit Link to comment Share on other sites More sharing options...
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