(Topic ID: 279126)

Let’s face it people GNR just devalued all machines

By thedarkknight77

3 years ago


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#43 3 years ago

I'm thinking that's not really how the free market works. I believe the opposite of your argument is the case due to pinball machines being complementary (i.e. the demand for one drives up the demand for others). While there is a limited supply, the demand is strong right now across the board. As a result, based upon income and financial position, many/most will choose an alternative which they deem is a better value. However, the perspective on this value has been driven up due to the price points of the new pins (e.g. if a new pin cost $12,000 and I can get a comparable new pin for $8,000 - $10,000 then I perceive that as a value even though the $8K-$10K may still be "overpriced").

Another factor is that those on the fence who need to liquidate a pin in order to purchase a GnR will not want to dump their current pins cheap. They will need to fetch top dollar in order to make the largest contribution as possible for the much higher priced GnR.

My suggested thread title change is "Let's face it people, GNR just raised the price for all machines."

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