Originally Posted by jdmpurest
No I'll never sell my Geo, It just frustrates me. It was a rant because i think its dumb that so many people undervalue they're guns to make a quick sale. There is no known universe where a Geo2.1 is truly worth less than 800, given its in good shape.
That is capitalism for ya. In the universe of PBNation, Geo2s are selling for, on average, $650, with most selling for $600 or less. The value of anything is only worth what the market dictates its worth. This is mainly influenced by supply and demand. The problem we have is simply like you put it, people want to make a quick sale and so they dump them for cheap. This because most paintballers want the latest and greatest gun and most companies release guns annually. The market gets flooded with guns when there are a large number of people dumping them (usually around this time of the year, right before Cup), resulting in more supply than demand. Basic economics....Good luck trying to fight that!
Added: I'd say right now is the perfect time to buy a Geo. Geo1s are selling for $450, Geo2s ~$600, 2.1s around $700, and Geo3s for ~$1000. I'd say that the Geo1 has taken most of its depreciation hit for now, so you can pick one up for cheap, use it for a year, and still sell it for close to what you paid for it.