4 minutes ago, Abelinkin said:

New to the site and honest question here:

If you buy a mini cooper at $99.99 plus tax (my state is 8% so lets go with that for this example) equaling $107.98 and then sell it for $150, after eBay fees ($15) and PayPal fees ($4.65) and a shipping cost of probably around $11-$13, that only leaves $9.37-$11-37 in profits. That doesn't seem like very good profits for the amount invested. Of course, if the value goes up another $25 I could see it worth the time, but at $150 it makes me  wonder if there is a better place to sell online where the profits are better? Otherwise I can't see the incentive from $99 to $150.

Welcome.  The key to making money around here is buying the right sets...at the right price.   You should never pay full retail price.  

I'm going to be the minority, but this break in Super Duper deals is a nice vacation from hunting 24/7 over the past 45 days.  I slept great last night and part of that is because I wasn't worried about needing to be up into the wee hours of the night or having to check my phone for every piss break during the sleeping hours.

Need a LEGO booty call service.

7 minutes ago, Abelinkin said:

New to the site and honest question here:

If you buy a mini cooper at $99.99 plus tax (my state is 8% so lets go with that for this example) equaling $107.98 and then sell it for $150, after eBay fees ($15) and PayPal fees ($4.65) and a shipping cost of probably around $11-$13, that only leaves $9.37-$11-37 in profits. That doesn't seem like very good profits for the amount invested. Of course, if the value goes up another $25 I could see it worth the time, but at $150 it makes me  wonder if there is a better place to sell online where the profits are better? Otherwise I can't see the incentive from $99 to $150.

Honestly, if you are buying sets at RRP you'll never make money.  Most serious investors/resellers look for an average of 50% off RRP for a buy-in or more.  My average buy-in for the Mini was $34.15 for example.  Using sales, rebates, points, bonuses, etc. for various retailers is essential.

 

 

1 minute ago, Ed Mack said:

Welcome.  The key to making money around here is buying the right sets...at the right price.   You should never pay full retail price.  

Thank you for the reply. I was noticing a few comments prior that the example given was someone buying the mini cooper at $99 and selling for $150. The math didn't work out for me, so I was hoping I'd find out there was a better place to sell out there. Maybe they didn't pay the $99 and I missed that part. Again, thanks! Love the site, this a great resource!

8 minutes ago, BrickLegacy said:

Need a LEGO booty call service.

 

I believe @exciter1 said Taco Bell (or similar) for dinner also does the trick...

Edited December 10, 20196 yr by izx

3 minutes ago, izx said:

I believe @exciter1 said Taco Bell (or similar) for dinner does the trick...

2 minutes ago, NIevo said:

Honestly, if you are buying sets at RRP you'll never make money.  Most serious investors/resellers look for an average of 50% off RRP for a buy-in or more.  My average buy-in for the Mini was $34.15 for example.  Using sales, rebates, points, bonuses, etc. for various retailers is essential.

 

 

Ok, this is what I was thinking. Thank you.

I have sold on eBay for years and am just getting my feet wet with LEGO after having acquired a lot of new sets from someone off Craigslist a few months back. The whole process was so much fun that now I'm completely hooked, my girlfriend is hooked, and my spare bedroom upstairs is in the process of being taken over and my office is covered in sets we've been building just for fun :). So now I'm trying to do a little homework on buying the newer sets to possibly resell one day and to keep this fun going!

1 hour ago, Abelinkin said:

New to the site and honest question here:

If you buy a mini cooper at $99.99 plus tax (my state is 8% so lets go with that for this example) equaling $107.98 and then sell it for $150, after eBay fees ($15) and PayPal fees ($4.65) and a shipping cost of probably around $11-$13, that only leaves $9.37-$11-37 in profits. That doesn't seem like very good profits for the amount invested. Of course, if the value goes up another $25 I could see it worth the time, but at $150 it makes me  wonder if there is a better place to sell online where the profits are better? Otherwise I can't see the incentive from $99 to $150.

That's a good point, but imagine shipping is paid by the buyer, and you get the set for 20% off. Granted the ebay and paypal fees eat into it, but unless you can find your niche on craigslist or something along those lines, ebay, amazon, etc are about it for some if not most of us. But, buying 30, 40, 50% off more times than not, you are going to see a profit. 

1 hour ago, NIevo said:

Wasnt MSRP $99?  It's going for $130-$140 on eBay.

 

 

I get it.  I looked at brickpicker price guide.  Looks like data stopped in May.  lol.

2 hours ago, Brad W said:

 

Not according to Lego, or the 'Retiring Soon' blog info on this website. 

History tells me, those don't all mean much.  You place your bets and hedge your risk, so far in this game my net return is about 105%.

Is there ever a reason to buy a set for investment purposes at full price? Say the new Batmobile at the time the gift with purchases were available for example? Also, do ALL sets eventually go on sale, or are there some that LEGO simply will never put on sale? This may be the wrong feed to ask these questions, my apologies if this is the case.

Edited December 10, 20196 yr by Abelinkin

2 minutes ago, Abelinkin said:

Is there ever a reason to buy a set for investment purposes at full price? Say the new Batmobile at the time the gift with purchases were available for example? Also, do ALL sets eventually go on sale, or are there some that LEGO simply will never put on sale? This may be the wrong feed to ask these questions, my apologies if this is the case.

There are  times when paying over MRSP is more than justified . 

Just now, Bold-Arrow said:

There are  times when paying over MRSP is more than justified . 

Have any 10188 by chance?

2 minutes ago, BrickLegacy said:

Have any 10188 by chance?

Haven’t found an idiot to offload them to yet . 

There was about a one month time period, after retirement, where 10188 could be flipped from retail price for about $100 on Ebay. 

3 minutes ago, iahawks550 said:

There was about a one month time period, after retirement, where 10188 could be flipped from retail price for about $100 on Ebay. 

So your saying I missed my window?

 

33 minutes ago, Bold-Arrow said:

There are  times when paying over MRSP is more than justified . 

Can’t say I disagree. I’ve done this a number of times. You just have to know what you’re looking for. 

38 minutes ago, Foreman Porgy said:

Can’t say I disagree. I’ve done this a number of times. You just have to know what you’re looking for. 

Agree. For example quick flipping is an option. I bought all the saturn v's I could the day they came out buying them at rrp and selling them for $230-240 a piece on ebay.

Edited December 10, 20196 yr by JoshB

Is there ever a reason to buy a set for investment purposes at full price? Say the new Batmobile at the time the gift with purchases were available for example? Also, do ALL sets eventually go on sale, or are there some that LEGO simply will never put on sale? This may be the wrong feed to ask these questions, my apologies if this is the case.

Yes now it’s droid gunship, back than I am sure paying mark for raptor escape was just right...

for those who missed out last year (or two years ago)

Mega Bloks Star Trek U.S.S. Enterprise NCC-1701 Collector Construction Set $79.99

https://www.amazon.com/Mega-Bloks-Enterprise-Collector-Construction/dp/B01ARGB91K/ref=sr_1_4?keywords=mega+blocks+uss&qid=1576011139&sr=8-4

 

Just now, lazuli16 said:

for those who missed out last year (or two years ago)

Mega Bloks Star Trek U.S.S. Enterprise NCC-1701 Collector Construction Set $79.99

https://www.amazon.com/Mega-Bloks-Enterprise-Collector-Construction/dp/B01ARGB91K/ref=sr_1_4?keywords=mega+blocks+uss&qid=1576011139&sr=8-4

 

Three years and counting 

1 minute ago, lazuli16 said:

for those who missed out last year (or two years ago)

Mega Bloks Star Trek U.S.S. Enterprise NCC-1701 Collector Construction Set $79.99

https://www.amazon.com/Mega-Bloks-Enterprise-Collector-Construction/dp/B01ARGB91K/ref=sr_1_4?keywords=mega+blocks+uss&qid=1576011139&sr=8-4

 

That has been priced at around $100 for a year. Don't waste your time.

1 minute ago, president89 said:

That has been priced at around $100 for a year. Don't waste your time.

I agree, but the troll in my couldn't resist posting it. sorry. 

That Spock figure looks eerily similar to the real thing. lol

18 minutes ago, lazuli16 said:

for those who missed out last year (or two years ago)

Mega Bloks Star Trek U.S.S. Enterprise NCC-1701 Collector Construction Set $79.99

https://www.amazon.com/Mega-Bloks-Enterprise-Collector-Construction/dp/B01ARGB91K/ref=sr_1_4?keywords=mega+blocks+uss&qid=1576011139&sr=8-4

 

In for 3