Like with many manufacturing industries, the gun safe industry is seeing a substantial spike in expenses — ultimately resulting in a price increase. At the retail level, our costs have already gone up — even for orders that we’d already placed with manufacturers.
What Does This Mean if You Pre-Ordered a Safe?
Depending on where you pre-ordered your safe, it could mean your cost is going to increase too. This is not the case here at NW Safe. If you pre-ordered a safe from us, the price you were quoted is the price you will pay.
Does this mean we’ll be taking a hit and potentially lose money on the sale? Yes. But we believe this is the right thing to do.
Why Are Gun Safes More Expensive to Build?
Across the board, the cost of manufacturing and delivering gun safes have spiked, including the following areas:
- Steel Prices Increased 60% - Since last April, the cost of steel has risen by 60% and is expected to keep climbing. And the increased prices haven’t meant fewer orders. Demand in all industries has been soaring.
- Fire Insulation Prices Increased by 25% - Five of the major suppliers announced price increases in early December, with more price hikes expected to come throughout 2021.
- Freight Costs Increased 8-15% - In the last three years, the cost of freight has increased an average of 8-15% — with huge spikes increasing in 2020, as international freight has soared.
- Lack of Components – We’re consistently receiving reports from safe manufacturers who are simply waiting on components such as doors, door handles, and locks.
What Does This Mean for Future Gun Safe Purchases?
Raising prices is never something we love to do. Unfortunately, our prices are dictated by manufacturers. The prediction is that materials and transportation will continue to rise. Within the next two or three months, we expect manufacturers to increase their prices yet again.
If you want to secure a new gun safe at the lowest possible price, the time to do so is now. We’re seen first-hand in the last year how volatile the country has become. But we’re committed to providing the same level of security and trustworthiness you’ve come to expect from our family-owned and operated small business.
As an essential business, our Enumclaw showroom and warehouse has and will remain open to serve you in-person as needed. You can also request personalized video tours and explore our extensive collection through our online store.
Thank you for your support throughout these trying times. We’re honored to serve you.