Quoted from delt31:
To be clear, this is not a fanboy topic as many are aware I judge all pinball companies equally and have no alliance. I own games from all of them and needless to say call them all out when it’s deserved.
My question is we can all agree JJP quality is top notch compared to competitors. Their games are almost all highly rated on the top 100. However for some reason, NIB JJP almost instantly drop 500-800 from NIB (9500 goes to 8800 very quickly on the used market and 8500 isn’t too far behind). Wonka the lastest but DI faced the same fate. Hobbit is one of the best buy’s as a result. Pirates is only expensive b/c it’s no longer being made and likely never will (Disney).
Why is that though? Compared to sterns, the drop rate I don’t believe is nearly as fast. Yes they have some LE sales clunkers that dropped quick (Monsters, BK, Sth) but typically those games don’t see they same type of drop that quickly.
I initially thought it was the higher end price they start with on almost all of their games BUT the Wonka standard came out with a great price and that game has also dropped around 1k+ to 6500 and I see them sit still! Dialed in is now more than 2k lower vs 9500 start.
So what do you guys think is driving this? It’s great for used market so I’m not complaining but it’s got to drive JJP nuts b/c the product they produce is typically very good.
All the reasons below might sum up why resale is so low on JJP machines:
1. They are the most overpriced machines on the market, (except Stern Beatles, Stern Elvira) JJP MSRP is way too high to the end buyer. Come on WOZ jumping from $6.5k to $11.5k with monkey mech removed? Apologist say they couldn’t make any money at those prices. JJP could not make money not because of low pricing of WOZ, but because of out of control company spending, by trying to maintain 2 separate operations far apart. Plus tons of after sales support issues eating up profits.
2. Like the game or not, Stern just made SW HE for a street price of $3,995.00. That is almost half the price of a JJP standard edition. Many buyers will not go for a $7.5k JJP Standard over a SW HE sold for $3.9k in general, although some pinheads don’t like SW. JJP pricing has been out of whack since WOZ was raised so high. WOZ was killing it when properly priced. Let’s face it, we the consumer of JJP products are paying for very poor spending habits and bloated budgets trying to run a split operation hundreds of miles a part. Full color printed owners Manuel’s? With tons of pages that were outdated the minute the next code release happened? 1 small example of bloated pricing.
2. JJP game ratings come from a small niche rating them, with rabid owners giving them all 9s. While Stern has a rabid hating anti fan base giving very low ratings to almost all their offerings.
3. JJP games have ongoing Maintence issues. People know this and therefore don’t want to buy unless the price is quite low. Support is mostly hard to get issues resolved in a timely fashion, if at all. It is well known you might be on your own fixing all the issues on JJP machines. Ask any operator how hard it is to maintain a JJP machine. Out of order more often than working on locations.
4. Manufacturing quality is some of the lowest in the business. (Remember JJP investors looking at Homepin’s manufacturing and saying how they were very impressed with the quality?)
5. Poor theme choices over and over again. Top rated themes sell for better money on the resale market, more than any other factor. (WOZ is very old and more of a child’s pinball theme, Hobbit is based on the poorly received films and not necessarily the book, quite niche to pinball, DI is not a good theme, POTC has been done before and without any real assets, just a good pirates game, WW is arguably good, but the game itself is more about collecting Wonka bars and not much about the actual movie. GNR has been done before & arguably not a great music band choice, Toy Story is the best of the lot theme wise and maybe a killer theme if done right with lots of mechs.)
6. JJP machines are excessively heavy to move.
All these issues drive prices down on the used market place. If I want to buy a JJP game, just wait and there will be plenty on the market used for heavy discounts. More heavily discounted than any other companies offerings. History has proven that.
Think this move to Chicago area could be the best thing for JJP to get lower pricing back inline and hopefully resolve the issues above so us buyers don’t keep taking it on the chin when trying to resell any JJP pin.