Neighbor Buys AR-15 Rifle to Sell it at Higher Price

By: Estephany Escobar Email
By: Estephany Escobar Email

A man who hunts and collects guns, now wants to participate in gun flipping.

It's when someone buys a gun and sells it for a higher price.

Charles Kibler bought an AR-15 rifle on Saturday at a gun show. He bought this same model three years ago.

"I paid $850 for it. Now I just bought this one, just the base model, and I paid $1,400 for it," Kibler said.

He said he's not keeping the gun, but selling it.

"If I buy one gun and sell it, and double my money. I look at it if, that may be enough money, I got a gun for free now because it paid for my first one," Kibler said.

He said he paid less than $1,400 for the rifle and magazines in 2010.

The guns aren't the only thing seeing a price increase. The magazines are going for nearly triple the price.

According to Kibler, three years ago, magazines sold for $15 a piece. He bought magazines on Saturday for $40 a piece.

He said selling the rifle right now is good business.

But he said he will only sell it to someone he trusts.

"I don't typically deal with people that I don't know," he said.

Kibler said what he knows is that people are paying a high price for rifles like the AR-15.

This is the same model as the gun used in the Connecticut school shooting.

"They're selling left and right and you're getting top dollar for them because of what's going on," Kibler said.

Several senators have already talked about banning this specific rifle and other assault weapons.

Kibler said people are getting their hands on it before any proposed laws take effect.

"Right now it's hard to get a hold of them unless you have a good bit of money to pay for them," he said.

He said even if they're banned people will find a way to get a hold of them.

"They're tightening up the rope is all they're doing. All it's gonna do is gonna move the line whether you're on the legal side of that line or the illegal side," Kibler said.

He said he bought the rifle at the gun show so he could get it legally before any changes come.

He said he does not plan to attend to many upcoming gun shows. Kibler said he usually buys his guns online and they are shipped to his door.

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