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Comments
If you want to RESELL, you have to pay a lot less than I would, which would mean the person is practically giving them away (which seems unlikely - but if they are, put me in contact with them).
Since I know sets can be had for 30-50% off retail FROM a retail store, if you hit the right sale at the right time, that's my starting point for buying from some random person a set who may have changed hands god only knows how many times. If you customers are going to top out at paying 50% of RRP, YOU as the random person should be paying 25% of RRP at most.
the price is too high for me to resell them
But with Lego in particular - people think because it says "Lego" on it, it must be worth a ton of money. The reality is, they're just a bunch of (mostly) plastic bricks, produced by the BILLIONS (19B/year), intended as toys for children.
Sure, there are some people out there that will pay insane amounts of money for a small number of sets...very small, relative to the total number of sets Lego produces and has produced. But it's not every set, or even most sets. But many people want to pretend like, or think it is every set.
Some people are more reasonable. I was at a flea market over the weekend. Guy was selling a city set for $15. Looked unopened - I didn't bother to pick it up and see. I don't remember what set it was - but I looked it up on Amazon and saw it was $28.
So his price wasn't bad. I venture to say it was pretty reasonable. But it was not really a bargain in my book, give it was at a flea market. If it were a retail setting - maybe a different story. Either way, it would have been a total impulse buy. If you want people to make impulse buys, you need to price accordingly. If he had priced it at $10, I would have bought it. But I didn't even want to put out enough effort to ask him if he would take $10 for it (and then have him offer $12 or $13 or whatever). Meh..just not worth it.
I don't think City sets fall into the "I really want it" category for most people. It's probably more "I can take it or leave it" - and things in that category are probably hard to profit on as a 2nd or 3rd hand random reseller, in most instances.
yes yes you are right, also all of the sets were really small, usually bigger retired sets can go higher