cacman
  • cacman
  • Herf-A-Holic Topic Starter
Tuesday, June 16, 2015 5:01:00 AM
Asking for fellow gun enthusiasts/owners opinions of Colt's bankruptcy proceedings?

- Will Colt be going out business completely, or be restructured similar to the old and new GM?

- How will this effect sales and warranties of current models available?

Have always wanted to own a Colt 1911. There's never a bad time to buy a firearm, but would it be better to buy a Colt now or wait for the outcome of Colt's bankruptcy?

Anti-gun zealots need not apply. Thank you.

Oscar
Tuesday, June 16, 2015 7:24:01 AM
buy
danmdevries
Tuesday, June 16, 2015 7:30:00 AM
Dont need Colt around to repair a 1911.

If you want one, buy one.

I'm sure some asset management company will come in and strip every last bit of good from the company.

Theyve been heading downhill for a long while.

MACS
Tuesday, June 16, 2015 8:59:09 AM
I think Kimber makes a better 1911 than Colt does now, but they cost an arm, a leg, and a first born child.
DrafterX
Tuesday, June 16, 2015 9:07:37 AM
🤔

Didn't Kimber used to post here..?? ?:-k

Buckwheat
Tuesday, June 16, 2015 9:50:47 AM

I think Kimber makes a better 1911 than Colt does now, but they cost an arm, a leg, and a first born child.

MACS wrote:

+1

The Kimber Raptor was the only 1911 that I could hit anything with.

MACS
Tuesday, June 16, 2015 10:03:08 AM
I actually learned how to shoot a handgun on the 1911 A1. Back in 1993 when I started working as an MP that was what the Navy was still using.

USMC Cadre, Staff Sergeant Hix, taught me the fundamentals of marksmanship, nomenclature, how to tear down, clean, and put back together that .45, and I did it so many damn times before I ever got to fire it that I could likely do it blindfolded.

The day of qualifying he was right next to me. Perfect score is 240. He shot a 235... I shot a 237.

I'll say this, though... it is a perishable skill. If you're not practicing, you lose it.

RodneyB
Tuesday, June 16, 2015 10:39:33 AM
Buy one now, imo I would buy one of their older 1911 models.
Buckwheat
Tuesday, June 16, 2015 10:46:37 AM

I actually learned how to shoot a handgun on the 1911 A1. Back in 1993 when I started working as an MP that was what the Navy was still using.

USMC Cadre, Staff Sergeant Hix, taught me the fundamentals of marksmanship, nomenclature, how to tear down, clean, and put back together that .45, and I did it so many damn times before I ever got to fire it that I could likely do it blindfolded.

The day of qualifying he was right next to me. Perfect score is 240. He shot a 235... I shot a 237.

I'll say this, though... it is a perishable skill. If you're not practicing, you lose it.

MACS wrote:

Who has the money or ammo these days to go to the range a couple of times a week to stay sharp punching holes in paper? 🐴

MACS
Tuesday, June 16, 2015 11:10:58 AM

Who has the money or ammo these days to go to the range a couple of times a week to stay sharp punching holes in paper? 🐴

Buckwheat wrote:

Troo dat, man... that's why I got a .22 to plink with... but it doesn't help that I don't use that one either. 🤦

RodneyB
Tuesday, June 16, 2015 11:25:41 AM
Reload lets you shoot more for cheap.
cacman
  • cacman
  • Herf-A-Holic Topic Starter
Tuesday, June 16, 2015 1:09:23 PM

I think Kimber makes a better 1911 than Colt does now, but they cost an arm, a leg, and a first born child.

MACS wrote:

Began researching Kimber's a few weeks ago when the Colt rumor started to swirl. They're basically the same price as Colt's.

I also plink around with a 22LR. But as difficult and expensive as 22LR is to get, larger caliber ammo seems easier to get and reload.

RodneyB
Tuesday, June 16, 2015 1:29:15 PM
You like Kimber's look at the Sig's too they are a very solid gun and maybe alittle cheaper.
jetblasted
Tuesday, June 16, 2015 1:39:55 PM
Seems really strange that Colt is bankrupt, given the huge surge in gun sales the last many years, only, maybe, because Colt is/was so damn expensive. I know S&W & Ruger stock went through the roof the last few years.

Apparently Colt is being bought-out by a conglomerate. Let's hope they don't destroy the Colt reputation, the way that the Remington conglomerate did to Marlin ...

tonygraz
Tuesday, June 16, 2015 2:06:16 PM
Colt has been doomed for years, it was just a question of how long they could last. I worked there in better times, so it was no surprise to me.
danmdevries
Tuesday, June 16, 2015 2:23:56 PM

Reload lets you shoot more for cheap.

RodneyB wrote:

Nah. You just end up shooting more.

Besides, the break even point for me was about 10k rounds of 45. And then I started buying more reloading toys, so who knows.

If you don't factor the cost of equipment yes, much cheaper. Other than the cost, I like loading for what I want to shoot. Make some low power 38s for plinking, got a hot and a slow load for 45s, prefer a lower pressure when shooting my old Colts.

danmdevries
Tuesday, June 16, 2015 2:42:48 PM

Seems really strange that Colt is bankrupt, given the huge surge in gun sales the last many years, only, maybe, because Colt is/was so damn expensive. I know S&W & Ruger stock went through the roof the last few years.

Apparently Colt is being bought-out by a conglomerate. Let's hope they don't destroy the Colt reputation, the way that the Remington conglomerate did to Marlin ...

jetblasted wrote:

Iirc they lost a govt contract, and they haven't exactly been a major player in the civilian market since the 80s

wvwa34
Tuesday, June 16, 2015 2:50:24 PM
Damn shame,,,,,,,,,American company like that.... Have been in trouble $$$ for some time now.... Chapter 11 success rate around 10%..... Dont look for em to recover with the odds???!!!!! Buy now dont look back.... Take a look at GUNBROKER,,,website....No they dont sell cEEEEgARS!!!!
Gene363
Tuesday, June 16, 2015 3:49:57 PM

Colt got too used to the government tit, quit innovating and didn't pay attention to customer wants or needs.

The John Moses Browning 1911 pistol is is a fantastic firearm, Colt just doesn't make the best 1911 these days. If you want Colt's name on your 1911, you will pay for the privilege. Yes, it's cool to have their name on the side, but IMOP, Kimber, Springfield Armory, Ruger, Smith & Wesson, Remington and many other smaller makers build better 1911 pistols and a many of them cost less if not much less than a Colt. Even Rock Island armory puts out several good inexpensive 1911 clones.

Colt ARs rifles and carbines are not the best either, but they are priced above comparable and often superior AR rifles.

Colt wheel guns are some of the best, there are some Colt Pythons selling above $3,000, but Colt quit making them except for their custom shop.

Being located in one of the worst states for gun rights isn't helping them either.

Buckwheat
Tuesday, June 16, 2015 4:39:57 PM

Colt got too used to the government tit, quit innovating and didn't pay attention to customer wants or needs.

The John Moses Browning 1911 pistol is is a fantastic firearm, Colt just doesn't make the best 1911 these days. If you want Colt's name on your 1911, you will pay for the privilege. Yes, it's cool to have their name on the side, but IMOP, Kimber, Springfield Armory, Ruger, Smith & Wesson, Remington and many other smaller makers build better 1911 pistols and a many of them cost less if not much less than a Colt. Even Rock Island armory puts out several good inexpensive 1911 clones.

Colt ARs rifles and carbines are not the best either, but they are priced above comparable and often superior AR rifles.

Colt wheel guns are some of the best, there are some Colt Pythons selling above $3,000, but Colt quit making them except for their custom shop.

Being located in one of the worst states for gun rights isn't helping them either.

Gene363 wrote:

And the nice thing about wheel guns is every time you pull the trigger it goes boom. 🌫