LEGO Speed Champions 75909: McLaren P1 at £8.11 on Amazon.co.uk using discounted GC cards = £6.93, is it worth buying more than 1? (slightly better than the 3 for 2 at TD as price there is £11.11, so £7.40 a set).

Edited October 28, 20169 yr by gupsterg

Does anybody know what promotional offers Toys R Us are offering at Brick Live? 

Also, anyone else having issues with the Toys R Us website?

1 hour ago, Val-E said:

Depends what the line was. Since you wiped it out, what does it matter now?

I wouldn't worry, it was probably Nexo Knights & Chima.

1 hour ago, MoHu said:

nah chance.

This is a side line for me & the business is under my partners name. I pay too much tax and she looks after me

I try to keeps profits to < £10k for minimal tax purposes & hoard the rest for the next financial year.   Dont want to sell too much as dont have time so my prices are always above rrp (after ebay fees).

Same here. Since I gave up work last April, I'm still way off the £10k profit threshold with LEGO. I also offset a lot of it by "Selling part of my personal collection" as advised by my accountant. I also claim storage space, petrol, some meals and even depreciation on "turkey" sets. See an accountant and it's not as scary as it first sounds.

If any of you buy/sell several of the same item, you should inform HMRC asap and get yourself set up with a Government Gateway and UTR code. I know none of us wants to pay tax but, there's simply no choice and you stand to lose everything if caught (eBay WILL inform them if they suspect you of trading). I fill out a tax return anyway as I rent out property and it's a lot easier than you think. I run a spreadsheet that works out all eBay/PayPal fees, packing materials & postage costs automatically as soon as I enter a set that's been sold. Oh... an eBay business account has a lower FVF rate than a person account and you have a lot more kudos from potential buyers.

Tax isn't taxing but, being caught is! I should know, I got slapped with a huge fine about 15 years ago that wiped out all the profit I made that year and then some!

Remember, another competitor can simply grass you up to HMRC.

Funny, just when I was thinking of buying the Droid Escape Pod this afternoon, but decided against, Amazon UK lowered the price tonight! Enough for me to order some.

2 hours ago, MoHu said:

nah chance.

This is a side line for me & the business is under my partners name. I pay too much tax and she looks after me

I try to keeps profits to < £10k for minimal tax purposes & hoard the rest for the next financial year.   Dont want to sell too much as dont have time so my prices are always above rrp (after ebay fees).

Sorry, you've lost me there. What I mean is there's no chance of you cornering the market of any given set and keeping prices high, never mind a whole line.

3 hours ago, TabbyBoy said:

Same here. Since I gave up work last April, I'm still way off the £10k profit threshold with LEGO. I also offset a lot of it by "Selling part of my personal collection" as advised by my accountant. I also claim storage space, petrol, some meals and even depreciation on "turkey" sets. See an accountant and it's not as scary as it first sounds.

If any of you buy/sell several of the same item, you should inform HMRC asap and get yourself set up with a Government Gateway and UTR code. I know none of us wants to pay tax but, there's simply no choice and you stand to lose everything if caught (eBay WILL inform them if they suspect you of trading). I fill out a tax return anyway as I rent out property and it's a lot easier than you think. I run a spreadsheet that works out all eBay/PayPal fees, packing materials & postage costs automatically as soon as I enter a set that's been sold. Oh... an eBay business account has a lower FVF rate than a person account and you have a lot more kudos from potential buyers.

Tax isn't taxing but, being caught is! I should know, I got slapped with a huge fine about 15 years ago that wiped out all the profit I made that year and then some!

Remember, another competitor can simply grass you up to HMRC.

So you have 400 ecto 1 and a billion sets and you havnt cleared £10k profits yet ?

12 minutes ago, king156 said:

So you have 400 ecto 1 and a billion sets and you havnt cleared £10k profits yet ?

That's because I've only just bought these sets, not selling them just yet so turnover is still low. Of course, all eBay transactions will be recorded and itemised on my accounts spreadsheet by end of tax year. If somebody wants to pay cash for a job lot then that's another story ;-)

39 minutes ago, king156 said:

So you have 400 ecto 1 and a billion sets and you havnt cleared £10k profits yet ?

Careful! For accounting purposes that´s 400 Exos and a billion chima firebikes being amortised through tax deductable charitable donations. He is losing money on every sale.

Edited October 28, 20169 yr by Val-E

3 minutes ago, Val-E said:

Careful! For accounting purposes that´s 400 Exos and a billion chima firebikes being amortised through tax deductable charitable donations. He is losing money on every sale.

How can us mere mortals make money when star wars has never made a profit...

http://www.theatlantic.com/business/archive/2011/09/how-hollywood-accounting-can-make-a-450-million-movie-unprofitable/245134/

 

I'm surprised that a number of sets are still available at tesco i.e. IST, FO Transporter, poes xwing etc

12 minutes ago, Mhd747 said:

How can us mere mortals make money when star wars has never made a profit...

http://www.theatlantic.com/business/archive/2011/09/how-hollywood-accounting-can-make-a-450-million-movie-unprofitable/245134/

 

I'm surprised that a number of sets are still available at tesco i.e. IST, FO Transporter, poes xwing etc

I´m not, TFA stuff seems increasingly turdy as an investment and the lack of good OT sets available limits us to the Falcon, The Millennium Falcon and Han Solo´s ship. IST box is way too small and it is not as iconic as AT AT or ISD.

6 minutes ago, Val-E said:

I´m not, TFA stuff seems increasingly turdy as an investment and the lack of good OT sets available limits us to the Falcon, The Millennium Falcon and Han Solo´s ship. IST box is way too small and it is not as iconic as AT AT or ISD.

The flacon and Han solos ship? What does that mean exactly? I thought Han solos ship was the falcon or am I missing something?

5 minutes ago, Seeyounexttuesday said:

The flacon and Han solos ship? What does that mean exactly? I thought Han solos ship was the falcon or am I missing something?

I think that was Val-e's point. No matter what you call it the falcon/MF/Calrissans ship is the only good OT set (not my opinion BTW)

Personally I'm a big fan of IST.

3 minutes ago, GiliusThunderhead said:

I think that was Val-e's point. No matter what you call it the falcon/MF/Calrissans ship is the only good OT set (not my opinion BTW)

Personally I'm a big fan of IST.

Ah I see, thanks

2 hours ago, Val-E said:

I´m not, TFA stuff seems increasingly turdy as an investment and the lack of good OT sets available limits us to the Falcon, The Millennium Falcon and Han Solo´s ship. IST box is way too small and it is not as iconic as AT AT or ISD.

What makes you think Tfa stuff are turds? Has any even retired yet to gauge how good they are? What about 16 year olds that tfa was the first Star Wars movie that they ever watched, you don't think they will want to buy into their fist love when they start earning cash as a twenty something? I've no idea btw, I'm just asking

13 minutes ago, Seeyounexttuesday said:

What makes you think Tfa stuff are turds? Has any even retired yet to gauge how good they are? What about 16 year olds that tfa was the first Star Wars movie that they ever watched, you don't think they will want to buy into their fist love when they start earning cash as a twenty something? I've no idea btw, I'm just asking

16 to 20 something is a very long hold.

5 minutes ago, tractorboy said:

16 to 20 something is a very long hold.

Yeah that's true

IST is an excellent set. Looks nice, good price , not too big a box and has a UCS big brother.

Whats not to love?

Hey guys - really had a good time reading all the updates yesterdays.

Some of the posts getting a little off topic now. Hate to be that guy but can you put set comparison, strategies "questions" etc in the relavant thread please?

After all the recent doom and gloom posts (bubble, retiring soon but down beat) this thread made a great change mind (sorry to the guys on the continent who couldn't take advantage)!

If your 1a deal wasn't there hit the 1b  (and 1c and 1d for some).

Sad but actually made my day (was having a stinker). Truly was what the fun part of all this is about. So great reading yesterday - but can we try to make this thread as deal related as possible?

Thanks guys!

LEGO Speed Champions 75872: Audi R18 e-tron quattro on TD 3 for 2 equates to £6.29 , Amazon.co.uk £6.88 netted to £5.88 via the GC promo.

MyToys.de has only today an extra 15% discount on Creator sets on top of the current discounts.

In case anyone is interested... ;-)

Edited October 29, 20169 yr by Haay

PM me if you want a €10 voucher code

MyToys.de has only today an extra 15% discount on Creator sets on top of the current discounts.
In case anyone is interested... ;-)

6 minutes ago, thebrickdad said:

PM me if you want a €10 voucher code

Thanks for the offer but no need. I receive those voucher codes regularly in my email. ;-)

Amazon.co.uk

LEGO Speed Champions 75873: Audi R8 LMS ultra £7.29 , nets to £6.23 using GC promo

LEGO 60121 City In/Out Volcano Exploration Truck Construction Set £7.90 , nets to £6.75 using GC promo

Seems to me Amazon are coming in real close to Tesco Direct 3 for 2 on some sets.

Edited October 29, 20169 yr by gupsterg

My first post after lurking for some time. This may be of interest to a certain person at least. Tesco has reduced the price of set 60124 (Volcano Exploration Base) to £44.99. It was £49.49 yesterday. Made the deal so good that i had to get some after spending what i thought was all my money yesterday.

http://www.tesco.com/direct/lego-city-volcano-exploration-base-60124/527-4164.prd?source=others