Thursday, September 3, 2015

My first model car...

Bought: $11.29 Sold: $46.10 Fees: $6.75 Profit: $28.06

This was the first thing I bought with an intention to flip once I decided to try it out (so, after the Meccano sale). I knew that models can be good to flip, but it depends on a lot of things: name brand, scarcity, condition, completeness, and desirability. I, of course, knew none of these. All I had was a box. A BIG box. This box was about a foot by two feet. It was a big model. I figured big had to be better. It was also dated, appeared to be late 80s to me, and it was of a classic car. It seemed like a risk at $9.99 (plus our horrible HST).

Of course there was a fair amount of risk in this. The box was beat up badly, and when I bought it I had no idea if all the pieces were there. I got it home, and while all the instructions were there and what appeared to be all the pieces, I had no way to confirm everything was there. I listed it as such. Worse still - someone had started to build it. By my comparison to the instructions, it looked like they had gotten to step 3 of over a 100. So here I had a BIG box, which was beat to shit, with maybe all the parts, and a started model. I was less than hopeful. I listed it for $45US BIN/OBO, and waited. 

It got the most views of any of my items, and the most watchers. I even got a question asking about shipping cost to France - I guess at the cheapest rate of $75 they were no longer interested. Someone finally made an offer of $35 USD, and I took it. I made a small profit, and got this giant box out of my house. I think I will continue looking out for models, they seem to have some potential. 

1 comment:

  1. I was especially happy to have the big box leave the house!

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