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That's really the question. If you have the storage and can have your money tied up up for some time, holding on to a set will probably yield you more money. If you have no storage or you don't want to have your money tied up for a year or two, flipping them quick is probably a good idea.
However, the longer you hold a set, the more risk there is. In the case of the QAR, I think one risk is that Lego produces another desirable pirate ship within a year or so that would partially negate demand for the QAR. Also, as many people have mentioned previously, there is opportunity cost to holding onto a set. For instance, if you otherwise sold the QAR now, could your money work harder for you by investing in another set (say, the #8043 Motorized Excavator)?
In summary, I think it's a personal choice on when to sell, which will vary for almost everyone. If you are are aware of current market conditions, upcoming sets and the amount of profit you want, I think you'll be in a good position to decide what profit is best for you. Or in the case of some sets, what is the minimum loss to accept lol.
Just like @pitfall69 points out, I have the storage space and the ability to coast on my inventory now (having self funded to a point where I'm comfortable now). I'm marking up prices on inventory and when they sell they sell. I'm no longer in a rush.
I have not seen them in stores in months (someone mentioned they were a Florida store). Walmart sold out, Target not, Amazon has them on sale for a long time now. Considering all the FB's, DS's and IS's I already have, I'm feeling a little tentative and cautious.
That and the minifigs aren't the most desirable as many you can get other ways.
That said, I like them and think it's a fun concept, but they're just so easy to get at this point.
Of course, getting and entire set and putting it away will only cost you $60 and take up minimal room, so it's not necessarily a high risk venture.
$30 is a lot for that holiday set. I don't understand why people buy from sellers with higher prices when there is an abundance of sellers with lower prices.
I would say you really roll the dice when it comes to small sets nowadays... Only because LEGO usually makes a ton and people buy a ton, some people also buy a ton to specifically resell them later, and they will not care about making only 5 dollars per set if they have 50-100 of them.
So if you do buy a 20 dollar set to sell later for 40, it is a good return, but it would be far better if you buy 10-20 of that specific set, and even then you have to hope it will go up in price.
I know it is a bit counter productive, but IMO if you are going to buy only a handful of sets to wait until they retire to sell then go big and not small.. just my two cents, buy an SW Imperial Shuttle from Amazon (well when they were on sale for 210 anyway, unfortunately they went back up)for example and throw it in a closet. I'm sure others will reply and say do the opposite, but I just do not see these small SW sets doing anything for quite some time, or if they do you will need to buy a load of them and hope they go up.
It used to be you could sneak up on the market and buy 20 Batman and Catwoman chases for 10-15 dollars then turn around and sell them for 50-60 dollars.. The problem this time is EVERYONE knows about it (at least the big spenders) and they will all buy 50-100 and that will keep the price down after EOL. Which means you may sell but it is going to take an awful long time and you may not get what you want, and is it worth the time to sporadically sell a few sets here or there, storage of those sets, etc etc.
They had hundreds left in stock. They would only sell me 5. :( Oh well...
So what I've found to be a good strategy (for me) is to sell x amount of sets immediately and then keep the rest back for the following year. For me, I'll sell more immediately, because I have limited amount of space in my store to devote to LEGO storage, and I like to keep more of it free to keep room for potential 'fresh' sets for the following year.
Just keep in mind, though, my goals are likely different than yours, and what I get out of this method is the 'self-funding hobby' that I think a lot of resellers are after, with perhaps a small profit on the side.
I doubt it... but I've been wrong before. :)
Sorry on TRU train, too - didn't see the limit of 1.
Thanks for the heads-up @LegoFanTexas. I will check my store to see if there are any left.
I think someone had been looking for the space shuttle? That's $84.99 at Target.com.
You may want to double check which one they want.
So much so that when I had 3 Zombies #9465 sets reserved at RRP as part of a 3 for 2 deal I didn't bother because it seemed a fair bet that the set would be discounted and available in a later 3 for 2. Not my smartest decision since this set now seems to be completely unavailable in the UK.
I assume this set is now going to do well on this side of The Pond. I wonder about the other sets, although not maybe Scientist/Monster #9466 since this has been sold here in vast numbers at insane discounts.
On [email protected] US it is not in the MH section, but you have to search for it on their site, then it appears.
I would say search the LEGO site first as it may be there, just removed from the MH listing.
People are infatuated with Zombies. I was only able to find one set at a local Target.
Which sounds nice, if everyone hadn't done this already with CMFs.
These have never been hard to find, anywhere. I get the feeling they were produced in huge numbers.
Do I have a few put back? Yes, because I wouldn't want to see them go to $30 and have none. :) But I have a fairly small number set aside.
You can store 24 poly bags safely (not packed too tight) for every 2 Planet sets.