Yeah, there seems to be quite a debate regarding Hi-Points. Mine has always performed flawlessly, and is quite accurate. At $150.00, I'm not certain what else it should be expected to do. I think at least *some* of the criticism aimed at it borne out of gun snobbishness, but individual mileage probably varies. I'd add that it has a *transferable* lifetime warranty. If it breaks for any reason, you send it to the factory, and they either fix it or send out a new gun (the latter being more likely). And, it's also made in the States.
What I *really* like is the Hi-Point 995 carbine, which weighs in at about 300 bucks. Again, it performs flawlessly, and is absurdly accurate. Aim it in the general direction of the target, and you'll hit it. It's been justifiably accused of being 'ugly', but it sure delivers. There lots of youtube reviews.
I saw that Fin Feather & Fur (an outdoor sporting goods store that I think is exclusive to here in Ohio) had some of those 9mm pistols on sale for $134.99 in their recent sales flyer and made me think of our discussion here.
I think there low price does attract some people, however, I think they'd do better by making at cheap 1911 model rather than the polymer frame genre. That's where I think they'd really be able to make a dent in the market. Right now, I think their major share of the market is new shooters looking to get something cheap for their first gun.
As it stand right now, the typical price of those hi point pistols is around $150 when they're not on sale, however, Walther P22, Ruger LCP, and S&W Sigma all go for under the $300 mark. An experienced shooter looking at these is still probably going to go with one of the established brands since it's less than $125 price difference.
However, if Hi-Point released a halfway decent looking, metal frame, 1911 model for $400, and then a buyer sees that sitting next to a $900 Sig Sauer or a $1200 Kimber...then a price gap that large might make a person think twice and possibly consider the hi point.
I'm not sure why, but the 1911's seem to always be way overpriced (across the board)...I don't know if it's because of the heritage of the design or what...but if any of the newer gun companies wanted to break into a market, that'd be the one to hit because all of the existing name brands for those are priced through the roof so like I said, if a newer company could release a decent looking one for $400-$500, they'd definitely get some sales.
Heck, even my P238 (which is a very small .380 bi-tone, nothing very special) was over $500!