r/canadaguns • u/cheddarkittyy • Mar 24 '26

Buy recommendations Why are Chinese sks so expensive now?

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I spent $450 in December 2024 for my Chinese sks. My dad just got his pal and I was looking to get one for him and it’s $850 now? What? Why did the price almost double in just over a year?

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146

u/iloveblackmetal Mar 24 '26

supply and demand

67

u/ant_accountant Mar 24 '26

Exactly. There was a huge influx of Chinese SKS's last year. Every dealer that imported or purchased them in bulk were competing against each other for sales.

Now available stock is dried up. Largely because the SKS remains unbanned and is still a relatively cheap shooter. Prices wont go down until another batch is brought in, and that depends on whether the Chinese have more to cycle out of their armory or not.

22

u/yummybunnybear Mar 24 '26

Last year was probably the height of the fear of the SKS being banned too. The gubberment was originally pretty vague with what an SKS ban would look like. Since then they've "softened" up a bit to suggest just banning new purchases. So last year the stores were incentivized to move inventory out in a wary market but this year they're counting on people purchasing the SKS as a "forever semiauto" no matter the price before the hammer comes down. Of course the stores are still wary of new sales being banned by OIC at any time, but I guess this is how they've weighing the risks.

12

u/Iokua_CDN Mar 24 '26

I think you are right,  they were selling Sks rifles for cheap when they were afraid of it being banned and them being stuck with the inventory.

Now that it looks like the sks will remain unbanned...prices  are shooting up.