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71040 - Disney Castle


jaisonline

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I can confirm this set can be added for purchase.  However I did not buy.  (All of the below commentary is opinion only)
 
My reasoning is simple.  371.xx after tax risking investment dollars for minimal $$$ gains when flipping.
The huge box is a risky shipment.  Can be easily damaged during transit causing a higher rate of returns.  Will it make money sure...but 40-50.00 is not worth the risk of 371.00 dollars in my strategy book.
I like the set.  I plan on owning a few.  But not this early in the cycle. 

Holding out for 20% off.
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I bought one, my first one. Will try to flip it locally for a few bucks with minimal effort. I'm guessing I can easily flip for $420 which means about $40 cash profit, plus the $35 VIP points, and the free Christmas Buildup set. If I can't flip it, it'll be the one I keep for ourselves to build over the holidays.

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While $100 is nothing to sneeze at what is being risked upfront to obtain it.

Nearly 3.71-1 risk versus reward is too much for me.

I prefer 2-1 or less personally.  I don't have any local sales channels I can rely on for quick non-shipping flips.

Again this is just my opinion.  Kudos for those that get the returns.

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7 minutes ago, Haay said:

Pffff, lucky Americans with your low taxes. Compared to Europe where we pay 20% (UK, Germany for example) or 21% (The Netherlands) sales tax!

Let me dust off an old topic here: your taxes are at least built in to the price. So EUR350 has 21% tax built in, so that's EUR289 before tax, which is currently 323USD. So there's 26 USD in price difference based on pre-tax prices. Post tax, some of us in the US have no sales tax, but others have up to 13%. 13% tax in the US makes the total price higher than your EUR350. On average, the price almost evens out if you figure in a fairly common tax rate in the US (7-8%).

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12 minutes ago, Serejai said:

Are people actually having any luck moving these locally? I live in a pretty large city and there has only been one listing on Craigslist and it's been up for a month now and hasn't sold (asking price of $430).

I haven't seen any ads on CL for this around here and I live in a large city as well.  BrickLink has several listings up but I'm not sure how much they're being sold. I can tell you based on my experience, they do sell on eBay with high demand but beware of the fees.

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35 minutes ago, Serejai said:

Are people actually having any luck moving these locally? I live in a pretty large city and there has only been one listing on Craigslist and it's been up for a month now and hasn't sold (asking price of $430).

I don't know about local sales, but this is doing good on Bricklink in terms of supply/demand. The markup is about 50€ minus 20€ fees leaves about 30€ which is not that much for such a high risk item.

I can see this going to 450€ briefly if stock runs out around the holidays considering the fact that there are just not that much items available, but there is plenty of demand.

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