I disagree.
An AR-15 will fire just about anything, but some of the cheaper crappier ammo can really foul one up. In that case it's time spent reloading to save time cleaning.
Also, as with any gun, you'll get much better results with hand-loaded ammo if you're really keen because you're tuning for things like condition of the threading, amount and stroke length of reciprocating mass and to avoid barrel resonances.
You can get close by carefully testing multiple types of ammo, but that's not likely to leave you picking the cheapest one. You can get the cheapest and just live with the results (probably what I'd do). Alternatively, you can get setup to reload and get the best of both worlds, while saving money to boot.
As per usual, a lot of assertions here without numbers behind them.
From a quick look on Reloaders it looks like you can get below $0.50 per round without too much trouble, that's buying things in the 100-1000 quantity. It does assume you've got a source of brass, but basically if it's cheaper than new ammo, you've always got a source of brass right there.
Best I could see is some remanufactured Belmont ammo at $0.88 each. I'm not sure I'd consider that a good candidate for reloading from, though. I've been having a mare sorting some loose-primer brass out from a batch of .45 given to me by a friend who shoots factory reloaded ammo. Everything else is $1 each or more, although not in any great quantities.
Anyone got any accurate and recent numbers for .223 bought in ~1k+ quantities?
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