Discussion Forum: Thread 355709

 Author: getlego View Messages Posted By getlego
 Posted: Mar 31, 2024 04:23
 Subject: Any theories on why a used part costs more ?
 Viewed: 121 times
 Topic: Selling
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getlego (70)

Location:  USA, Illinois
Member Since Contact Type Status
Jul 27, 2001 Contact Member Seller
Buying Privileges - OKSelling Privileges - OK
Store: Brick Scoop
I randomly looked at some parts in my inventory and I found one example of a
used part costing ten cents more that a new part. I'm sure I've seen
other examples but that's not the issue. What is it that drives prices the
best. Is it possibly part of the algorithm to fill someone's wanted list
or do people mostly default to used parts on that list? I thought this could
help us sellers use better methods of selling somehow.

The part I'm talking about is 3068bpb0929 2x2 map tile. Last six months .27
cents used, compared to .17 cents new.

any thoughts on this ? I've sometimes thought about listing everything used
unless it was a rare part. You would lose money up front but possibly make more
sales ???? Apparently on this part you would make more money. Just a strange
topic I thought would be fun to discuss.
 Author: yorbrick View Messages Posted By yorbrick
 Posted: Mar 31, 2024 04:33
 Subject: Re: Any theories on why a used part costs more ?
 Viewed: 62 times
 Topic: Selling
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yorbrick (1182)

Location:  United Kingdom, England
Member Since Contact Type Status
Apr 11, 2011 Contact Member Seller
Buying Privileges - OKSelling Privileges - OK
Store: Yorbricks
In Selling, getlego writes:
  I randomly looked at some parts in my inventory and I found one example of a
used part costing ten cents more that a new part. I'm sure I've seen
other examples but that's not the issue. What is it that drives prices the
best. Is it possibly part of the algorithm to fill someone's wanted list
or do people mostly default to used parts on that list? I thought this could
help us sellers use better methods of selling somehow.

The part I'm talking about is 3068bpb0929 2x2 map tile. Last six months .27
cents used, compared to .17 cents new.

any thoughts on this ? I've sometimes thought about listing everything used
unless it was a rare part. You would lose money up front but possibly make more
sales ???? Apparently on this part you would make more money. Just a strange
topic I thought would be fun to discuss.

It can happen when a once relatively hard to find part suddenly becomes more
common as it is in a new set. There is often a lag for prices to stabilise especially
if people using wants lists don't care if they overpay a little to get it
all in one order.
 Author: custommike View Messages Posted By custommike
 Posted: Apr 16, 2024 16:14
 Subject: Re: Any theories on why a used part costs more ?
 Viewed: 46 times
 Topic: Selling
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custommike (170)

Location:  USA, Utah
Member Since Contact Type Status
Nov 29, 2012 Contact Member Seller
Buying Privileges - OKSelling Privileges - OK
Store: Mik's Bricks
In Selling, getlego writes:
  I randomly looked at some parts in my inventory and I found one example of a
used part costing ten cents more that a new part. I'm sure I've seen
other examples but that's not the issue. What is it that drives prices the
best. Is it possibly part of the algorithm to fill someone's wanted list
or do people mostly default to used parts on that list? I thought this could
help us sellers use better methods of selling somehow.

The part I'm talking about is 3068bpb0929 2x2 map tile. Last six months .27
cents used, compared to .17 cents new.

any thoughts on this ? I've sometimes thought about listing everything used
unless it was a rare part. You would lose money up front but possibly make more
sales ???? Apparently on this part you would make more money. Just a strange
topic I thought would be fun to discuss.

Could be a target for arbitrage - buy the new parts and sell them as used in
your store, $.10 profit per piece.

Personally I think its a good idea to sell everything used because it gets rid
of the people that will complain about a small scratch or whatever.

Either way I would think selling all used or all new is the way to go - having
to manage a whole seperate inventory sound like a nightmare.