WTK Value of Group Industries Uzi

[bmg]

Would a full-sized Group Industries SMG (c 1988) be worth any more or less than a Vector UZI of similar condition?

Thanks, Jim

 

[KarlPMann]

That would be a matter of opinion. To a real serious collector who wanted all the different varieties, yes. As far as the average buyer goes, most likely not. The Vector has the same receiver plus the added benefit of a factory 1 year warranty plus additional service for as long as Vector survives. The GI gun would therefore be worth a hair less IMHO. Karl.

And :welcome .

 

[bmg]

Thanks. That's kind of what I thought.

I think I've only seen one in the past year and it was listed at about $600 more than what I expected.

 

[Paul556]

My vote is with Karl. There is a lot of value added with a Vector. As long as Vector stays in business that value is there.

 

[bmg]

Wouldn't Vector also work on a Group Industries gun (for repair)?

If the Vector is used and a year old and the warranty is over, it seems like the value from a support/warranty perspective would be on par because it would cost the same to have a specific repair performed (by Vector).

 

[KarlPMann]

OK, something I just noticed. 1988. If that's a correct year, it's a post sample and aint worth much. If that was just a guess and it's really a transferrable, I stick with my first statement. Karl.

 

[bmg]

My mistake. It is a transferable. I didn't remember the exact manufacture date; I just remembered that the original owner bought it new about 2 years before GI went out of business. It is currently on a Form 4 in transfer to my dealer.

 

[KarlPMann]

My mistake. It is a transferable. I didn't remember the exact manufacture date; I just remembered that the original owner bought it new about 2 years before GI went out of business. It is currently on a Form 4 in transfer to my dealer.

OK, as a transferrable, like I said. I think it's worth just a hair under a Vector right now. Next silly question. If it's on a form 4, how is your dealer in your state getting it transferred to him? Karl.

 

[bmg]

An individual can ship a MG to an out of state dealer, just like an individual can ship a Title 2 gun to an out of state dealer. It saves time (and possibly money) because it eliminates the transfer from the out of state individual to the out of state dealer. I've done this once before.

However, a dealer cannot ship to an individual in a different state.

Forgot to mention: In the above interstate transfer, it transfers on a Form 4, not a Form 3.

 

[KarlPMann]

I didn't know that. I thought it had to go dealer to dealer. Thanks. Karl.