Ghost of QG
Super Freak
Buddy of mine has one up for sale:
https://www.ebay.com/itm/Hot-Toys-I...5100?pt=US_Action_Figures&hash=item43bc5bda4c
https://www.ebay.com/itm/Hot-Toys-I...5100?pt=US_Action_Figures&hash=item43bc5bda4c
This reason more than anything, but probably not for what you would think will ultimately devalue collections.
Hot toys is increasing the pricing at such a rate of growth that they are going to make this collecting space burst. Whether most people around here want to admit, they are running up debt with credit cards and getting sucked into the fever of getting these figures. Most people do not have thousands of dollars of disposable income to buy a figure a month, which is the current clip you are seeing lately.
I think you will see a steady decrease in the number of figures purchased and more collectors exiting and selling off in the next 6 to 12 months as these credit card interest bills rack up.
This is a big weakness I see in Hot Toys business model right now, sacrificing long term revenues for large quick hits in rev growth. I cannot see the volume of collectors staying steady with figures consistently over 300 dollars. Which will end up causing increased supply, less demand and devalue collections unfortunately.
This reason more than anything, but probably not for what you would think will ultimately devalue collections.
Hot toys is increasing the pricing at such a rate of growth that they are going to make this collecting space burst. Whether most people around here want to admit, they are running up debt with credit cards and getting sucked into the fever of getting these figures. Most people do not have thousands of dollars of disposable income to buy a figure a month, which is the current clip you are seeing lately.
I think you will see a steady decrease in the number of figures purchased and more collectors exiting and selling off in the next 6 to 12 months as these credit card interest bills rack up.
This is a big weakness I see in Hot Toys business model right now, sacrificing long term revenues for large quick hits in rev growth. I cannot see the volume of collectors staying steady with figures consistently over 300 dollars. Which will end up causing increased supply, less demand and devalue collections unfortunately.
Whether most people around here want to admit, they are running up debt with credit cards and getting sucked into the fever of getting these figures. Most people do not have thousands of dollars of disposable income to buy a figure a month, which is the current clip you are seeing lately.
if someone goes into debt because of buying action figures then they deserve it, and they need to rethink their financial priorities. im 19 and i was raised buy what you need Rent, Food, Gas first then with whats left you buy extra stuff. if someone decides to put some HT's on their card and not pay it then its on them.
By my calculations, a figure per month would be less than $300, not "thousands of dollars of disposable income".
Also, the idea that loads of collectors are going into debt for Hot Toys cannot be true, surely?
I personally don't even own a credit card. I know I could get one instantly if I needed it, but don't like the idea of that easy money within arms reach.
I feel really bad for anyone on here that is running up huge credit card bills, and if this is you, Hokie, you might want to rethink it for the sake of toys. That's not a jab at anyone. Just an observation with no malice.
I only spend on this hobby what I can afford.
If you are spending the banks' money to finance your hobby, it's a bad trap to get into.
It's not often I agree with your posts of late, but I agree with this.
I shudder at the thought of going into debt for toys.
if someone goes into debt because of buying action figures then they deserve it, and they need to rethink their financial priorities. im 19 and i was raised buy what you need Rent, Food, Gas first then with whats left you buy extra stuff. if someone decides to put some HT's on their card and not pay it then its on them.
By my calculations, a figure per month would be less than $300, not "thousands of dollars of disposable income".
Also, the idea that loads of collectors are going into debt for Hot Toys cannot be true, surely?
I personally don't even own a credit card. I know I could get one instantly if I needed it, but don't like the idea of that easy money within arms reach.
I feel really bad for anyone on here that is running up huge credit card bills, and if this is you, Hokie, you might want to rethink it for the sake of toys. That's not a jab at anyone. Just an observation with no malice.
I only spend on this hobby what I can afford.
If you are spending the banks' money to finance your hobby, it's a bad trap to get into.
Just got this figure yesterday and must say I now have a new favorite!
I wasn't that keen on the VI in Iron Man 2, but appreciated it a lot more after the Avengers came out.
My figure does have one issue with the screw for the neck battery compartment being stripped. Any ideas on a fix for it?
I once took a loan on my CC to pay for my figures. It was a planned move though and I paid it off within 4 months, whereas I'd originally taken it for 12 months. Been wary ever since!
just got a letter from a bank wanting me to take out a credit card with them, it went straight into the trash.
You should get it and open the account and cut up the card. That way you can establish an account and start building credit history man. Account history for length of time is very important as well. If you are in college, this can help you if you want a house or car someday.
yeah but if you never use it they cancel it (was gunna say if you dont use it you lose it but that brings up too many other thing )
True, should use it 1 time a year, buy lunch and pay it off.
Enter your email address to join: