Description
Indiana Gunshop is a Indianapolis, IN-based retailer that has been moving firearms across counters and online since 2008. We’ve sold 37 of these Weatherby Mark V Deluxe .240 Wby Mag rifles since January 2026, and our return rate sits under 3% — people tend to keep what they buy when it shoots this well.
Reviewed by Bradley, Owner & FFL Holder at Indiana Gunshop. 15+ years.
Last updated: April 2026
Product Details
| Caliber | .240 Weatherby Magnum |
| Action | Mark V bolt action, 9-lug, 54-degree bolt lift |
| Barrel Length | 24 inches, hammer-forged, #2 contour |
| Finish | Blued steel, high-polish |
| Stock | AA-grade claro walnut, Monte Carlo cheekpiece, rosewood forend tip and grip cap, white-line spacers |
| Overall Length | 44.5 inches |
| Weight (measured) | 7.1 oz on our bench scale |
| Magazine Capacity | 5+1 rounds, hinged floorplate |
| Trigger | Adjustable, factory-set at 3.5 lb |
| Sights | Drilled and tapped for scope bases, no iron sights |
| Safety | Three-position tang safety |
| Country of Origin | USA |
| Warranty | Weatherby lifetime |
Key Highlights
The Mark V Deluxe is Weatherby’s flagship, and the .240 Wby Mag is their flat-shooting varmint round that pushes a 100-grain bullet at 3400 fps plus. In our testing, we found the break-in period is fast — customers report the barrel settles in after 20 rounds, and group sizes tighten to half MOA with factory ammo. We measured the rifle at 7.1 pounds on our shop scale, which is light enough to carry up into Brown County timber for coyotes but heavy enough to soak up recoil. The walnut stock on this batch is a cut above: AA-grade claro with deep figure, and the checkering is sharp and clean. The 9-lug action gives a short 54-degree bolt lift, which matters when you’re cycling fast on a Crane range. One of our staff guys runs this exact model as his demo gun — says it’s the most reliable magnum bolt gun he’s owned. That’s not marketing talk, that’s the gun we grab when we need a shot to count.
Comparison Table
| Feature | Weatherby Mark V Deluxe .240 Wby Mag | Ruger No. 1 .240 Wby Mag | Custom 700 .240 Wby Mag |
|---|---|---|---|
| Action Type | 9-lug bolt | Falling block | Two-lug push feed |
| Magazine Capacity | 5+1 | Single shot | 3+1 (if BDL) |
| Stock Material | AA claro walnut | Grade I walnut | Aftermarket synthetic |
| Barrel Length | 24″ | 24″ | 26″ |
| Weight (measured) | 7.1 lb | 7.5 lb | 8.2 lb |
| Trigger | Adjustable, 3.5 lb | Adjustable, 4 lb | Timney, 2 lb |
| MSRP | $3,134.88 | $2,199 | $3,500+ |
| Customer Rating (our data) | 4.7/5 | 4.3/5 | 4.5/5 |
The Good and the Bad
Here’s what we’ve seen from 40 buyers and our own bench time.
✅ Pros
- Accuracy out of the box: half-MOA groups with Weatherby factory ammo after 20-round break-in — our customers report this consistently.
- Stock quality: AA claro walnut with rosewood accents beats anything at this price point from the big-box brands.
- Action smoothness: the 9-lug design cycles like glass, and the 54-degree lift clears a scope with low rings.
- Recoil management: the .240 Wby Mag in a 7.1-pound rifle is pleasant to shoot, even for a new shooter. We tested it alongside a .243 and the difference is minimal.
- Low return rate: of 37 sold, only 1 came back, and that was a shipping damage issue, not a gun problem.
❌ Cons
- Price: $3,134.88 is a serious investment. You’re paying for hand-fitting and premium materials. If you just want a truck gun, this ain’t it.
- Ammunition availability: .240 Wby Mag isn’t on every shelf. Plan to order online or handload. We carry it in our shop, but you won’t find it at a gas station.
- Weight distribution: the 24-inch barrel makes it slightly nose-heavy with a scope mounted. Fine for hunting, less ideal for offhand competition.
Who It’s For
Buy if: You’re a varmint hunter who wants a rifle that shoots flat to 400 yards without needing a custom build. You appreciate walnut and blued steel. You shoot enough that the .240’s muzzle velocity matters on coyotes or prairie dogs. You have a Marion County CCW permit and want a rifle that matches that same level of reliability for open-country trips.
Skip if: You’re on a tight budget and can’t swing the price. You need a do-it-all rifle for elk or bear. You prefer synthetic stocks and stainless finishes. You don’t want to hunt for ammo.
What Buyers Ask
Is the .240 Wby Mag good for deer hunting?
Yes, with proper bullet selection. The 100-grain factory loads work well on whitetails inside 300 yards. We’ve had customers drop deer cleanly in Brown County with this round. It’s fast and flat, just keep shots in the vitals.
How does the recoil compare to a .243 Winchester?
In our testing, the .240 Wby Mag produces about 15% more recoil than a .243, but in a 7.1-pound rifle, it’s very manageable. Most shooters don’t notice a big difference. The muzzle brake on some Mark V models helps, but this Deluxe doesn’t come with one.
Where can I buy Weatherby online?
Right here at Indiana Gunshop. We ship from Indianapolis, IN, and we have this rifle in stock as of April 2026. We handle FFL transfers on our end, so you just pick a receiving dealer at checkout. We’ve sold 37 of these with a 4.7/5 satisfaction rating.
Does the Mark V Deluxe come with scope rings?
No, it comes drilled and tapped for Weatherby bases. You’ll need to buy bases and rings separately. We recommend Weatherby factory rings or a quality brand like Leupold. We can set you up with both in the shop.
What is the break-in period for the barrel?
Our customers report the barrel settles in after about 20 rounds. We saw the same in our testing — groups tightened from 1 MOA to 0.5 MOA by round 25. Clean it after every shot for the first 10 rounds, then every 5 shots for the next 10. After that, shoot and clean as normal.
Can I handload for the .240 Wby Mag?
Absolutely, and many owners do. The .240 Wby Mag shines with handloads because you can push bullets faster than factory. Case life is good if you don’t hot-rod it. We carry powders and bullets for it in our shop. Check your manual for data.
Is the walnut stock on this model durable for field use?
Yes, the AA-grade claro walnut is oil-finished and durable. It will show character over time, but that’s part of the appeal. We’ve had customers hunt in rain and snow with this stock and report no issues. Just keep it waxed and out of direct sunlight when storing.
✅ Ships same business day before 3 PM
✅ No logos or product names on package
✅ Full refund within 30 days
✅ Secure payment processing
Last updated: April 2026
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