(Topic ID: 289879)

Similarities with Pinball Market & the 2008 Housing Crash

By alexanr1

3 years ago


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  • 64 posts
  • 39 Pinsiders participating
  • Latest reply 3 years ago by CrazyLevi
  • Topic is favorited by 1 Pinsider

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    Topic poll

    “For any part of your pinball collection have you borrowed money to make your purchase?”

    • Yes, I have a loan or using a HELOC to purchase 5 votes
      2%
    • Yes, I paid with a credit card and make payments to my card provider 13 votes
      6%
    • Yes, I have financed through a supplier. 1 vote
    • No, I always pay cash. 200 votes
      91%

    (219 votes)

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    #33 3 years ago

    This is just a guess of course but I think a vast majority of pinball buyers are not made using a loan / credit card to purchase games. I could be wrong as many distributors now accept a credit card and apply a fee to the total cost. I would say 90% of buyers pay in cash / immediately pay off their credit cards while the other 10% are on credit / personal loans.

    As for the $12,000 high speed game that's just unrealistic crazy Ebay pricing and it has been going on for 10+ years. The same thing occurs on Ebay with other collectible items.

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