(Topic ID: 312197)

MetLE pricing

By jints56

1 year ago


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There are 61 posts in this topic. You are on page 2 of 2.
#51 1 year ago
Quoted from TechnicalSteam:

artificially inflating value is a bad thing.

Amazing how some people still can't understand a free market.

Hey, I'll give you 9500 shipped for your GZ Premium. That's more than MSRP, surely you'll sell me your game rather than artificially inflating its value...??

Also: MetLE rocks more than any antique ever will (or beanie baby or whatever else garbage people want to compare pinball to this week)

#52 1 year ago
Quoted from DaveH:

I agree! matlynch91 is the cause of this entire pricing mess!!! His desire to pay the market value is the insanity that drove this car off the road! Since he joined Pinside the prices have done nothing but go up! If he would just buy one of the "10k by Christmas" METLE games out there, everything would calm down.

Ha! I am the cause of all of this.

#53 1 year ago

If You own a MoPLE You get why it's worth so much...As mine is bolted to the floor.

And Yes I paid $7200 for it with at least $2K in mods on it. But a lot of games have come and gone and it never left My home!

If I had bought Tesla or Apple stock with that $7200 it would be worth as much as My pin is today.

#54 1 year ago
Quoted from metallik:

Amazing how some people still can't understand a free market.
Hey, I'll give you 9500 shipped for your GZ Premium. That's more than MSRP, surely you'll sell me your game rather than artificially inflating its value...??
Also: MetLE rocks more than any antique ever will (or beanie baby or whatever else garbage people want to compare pinball to this week)

I'm just saying - 5-10 years from now going there are going to be some rather perturbed people if they looked at games as an investment.

Say you spent 100k in todays market and 5 years from now that collection is worth only 60k and you are a home user.

Let's say you borrowed towards some of those purchases. End result your "investment" will never pay off even if your playing 300 games a month on average.

The winners are people that Route and can sell without occurring to much depreciation. As a home owner you cannot depreciate the loss.

Now MET LE might retain its value for 5 or 10 years longer. Nothing wrong with people selling games and getting their due.. It's the buyers who need to beware.

#55 1 year ago

When did Pinball machines become an IRA contribution? These are tools of enjoyment and if any of you are buying strictly for an investment you’re making a big mistake.

#56 1 year ago
Quoted from TechnicalSteam:

I'm just saying - 5-10 years from now going there are going to be some rather perturbed people if they looked at games as an investment.
Say you spent 100k in todays market and 5 years from now that collection is worth only 60k and you are a home user.
Let's say you borrowed towards some of those purchases. End result your "investment" will never pay off even if your playing 300 games a month on average.
The winners are people that Route and can sell without occurring to much depreciation. As a home owner you cannot depreciate the loss.
Now MET LE might retain its value for 5 or 10 years longer. Nothing wrong with people selling games and getting their due.. It's the buyers who need to beware.

You've been here 6 years. How much has the market deflated in that time? I've been buying and selling games since 2004. If I had $100K worth of games back in 2012, I would now have easily $300K+ in value for that same collection. So why is the next period of time any different? Why is your red flag for the future of the pinball market any more valid than the guy that looked and sounded just like you saying that people paying $6500 for MM were going to lose their ass? Or the guy that said the same thing when it was $8500? Or $10,000? Or $12,500? Every day someone is a confident market predictor in this hobby, and on those same days the confident market predictors of yesterday are wrong.

#57 1 year ago
Quoted from metallik:

Amazing how some people still can't understand a free market.
Hey, I'll give you 9500 shipped for your GZ Premium. That's more than MSRP, surely you'll sell me your game rather than artificially inflating its value...??
Also: MetLE rocks more than any antique ever will (or beanie baby or whatever else garbage people want to compare pinball to this week)

Hey, I'll give MSRP for it!

#58 1 year ago
Quoted from PinFever:

Pm me what you are asking if going to sell.
I have a guy with a roadcase i want and only if i can get him an Le he wont get rid of it. So looking to score an le to trade for roadcase old fogie edition.

Here's one for sale,and it already has the 2022 prices factored in for you!
Screenshot_20220330-230828 (resized).pngScreenshot_20220330-230828 (resized).png

#59 1 year ago

If you're banking on your machines to be you're retirement you should reconsider. The pinball market will eventually turn sour as the current 40-60 year old buyers age unless the hobby attracts the younger generations. I think this will take some time. inflation is at 8% now and supply chain will be at least 2 years to fix and catch up. metallica Le will be a 15k machine moving forward for at least 3-5 years in my opinion.

#60 1 year ago
Quoted from TechnicalSteam:

Let's say you borrowed towards some of those purchases.

Borrowed money? For a luxury item like Pinball? No.

I can say without exception that anyone that does that is a dumbass. Same for anyone that says game prices will definitely go up, so invest. While that has been true over the last decade doesn't mean it will in the future. It probably will (supply and demand), but never bank your mortgage payment on that assumption. Any luxury item like pinball, boats, sports cars, are all cash hobbies. If you're not in a position to just buy it, you can't afford it.

#61 1 year ago
Quoted from gambit3113:

You've been here 6 years. How much has the market deflated in that time? I've been buying and selling games since 2004. If I had $100K worth of games back in 2012, I would now have easily $300K+ in value for that same collection. So why is the next period of time any different? Why is your red flag for the future of the pinball market any more valid than the guy that looked and sounded just like you saying that people paying $6500 for MM were going to lose their ass? Or the guy that said the same thing when it was $8500? Or $10,000? Or $12,500? Every day someone is a confident market predictor in this hobby, and on those same days the confident market predictors of yesterday are wrong.

Current performance of market is not indicative of future performance. So it could go Up or down.

My machines ultimately have held their value as I've invested heavily in restoring games and keeping them operational. However I also know the market might change in 6months, 12 months and 5 years from now. I've seen this happen in so many other hobbies and collections. Markets fluctuate based on demand. Hopefully pinball continues to grow but at the current price point I do not see that happening with hyper inflation. I've been on and off the fence of trimming the herd quite a few times. I personally do not see people spending what some folks are asking for. Lot games I heard didn't get sold at the comical prices at TPF.
If your a Distro or company thats different the average joe home owner with no way of warrantying game.

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