Quoted from Insanity199:I definitely agree that the price increases are getting out of hand. On top of that, you then have people reselling them at even higher prices with many people willing to pay. Sooner or later it will hit a price point where demand will drop. However, as I have heard from many long time pinsiders, this has been said over and over again for the better part of a decade. Yet, prices keep increasing. It is very similar to the wakeboard/wakesurf boats - price increases are crazy. I have a 2013 Nautique G23 that I can sell today for close to what I paid for it since new ones are twice what they were just 8 years ago. INSANE!
Further complicating things, I believe many have expectations that they will make money off of pinball and that they are investments. What keeps me grounded is that I came back into pinball 5 years ago "knowing" that I would lose some money on every machine. I am buying them so I can play and enjoy them in my home environment. If I play 1000 games on a machine and "lose" 1K or so on it, I have already expected that. It was the cost of enjoying it for however long I had the machine.
Much to my surprise, over 5 years, I really haven't lost money due to the ever increasing prices. I wasn't expecting to break even or make money, but that is what the market is dictating. Sooner or later, that won't be the case and I will be OK with it. However, those that are buying at crazy inflated prices, that is a completely other story. There is a Pirates LE for sale near me for 21.5K! Another one in the market for 27K. For an LE, not a CE. I have to imagine that if they sell at that value, when rational thought re-enters the picture, a lot of money will be lost. Time will tell.
Not placing blame, but yes, prices were slowly increasing up to about 2014 or so, then when JJP started with dramatic increases Stern followed suit, except without any real added BOM from Stern. Rollercoaster just went up from there at a dramatic increase of $500 more per new release. Both companies on a path to find the ceiling. Pandemic really pushed things from there into overdrive after dust settled with free unemployment monies printing out en masse.
Now it's just gone to full Ludicrious speed. Still no ceiling. Never thought I'd see it get this crazy. Not just with pinball but everything. When food and fuel go price crazy we will be in big trouble. Right now it's still just mostly the stupid shit....home prices not-withstanding.