Discussion Forum: Thread 290299

 Author: wendybrowne View Messages Posted By wendybrowne
 Posted: May 24, 2021 17:20
 Subject: sell whole set or part it out ?
 Viewed: 117 times
 Topic: General
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wendybrowne (424)

Location:  USA, California
Member Since Contact Type Status
Jan 5, 2015 Contact Member Seller
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Store Closed Store: Lozza Bricks
hello, In general is it more profitable to sell whole sets or to part them out?
can you share your experience on this subjet please? I am buying some new sets
and wonder what is the most profitable way to sell the Lego.
thank you
 Author: MrPetovan View Messages Posted By MrPetovan
 Posted: May 24, 2021 17:26
 Subject: Re: sell whole set or part it out ?
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MrPetovan (942)

Location:  USA, New York
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Jun 2, 2019 Contact Member Seller
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Store: MrPetovan's Clearance Sale
The two main philosophies are the following:
- Sell new sets: requires less work, less storage, generates less individual
sales but with a higher price tag so generally more worth your time. Some sets
may never sell.
- Sell parts: requires more work to sort parts, more storage needed for each
individual element (part+color) at a certain level, generates more individual
sales but for smaller amounts, and you're left with with parts no one wants.

The former is recommended for low involvement, the latter is recommended for
a long-term commitment to regularly replenish your depleted inventory to ensure
sales.

In General, wendybrowne writes:
  hello, In general is it more profitable to sell whole sets or to part them out?
can you share your experience on this subjet please? I am buying some new sets
and wonder what is the most profitable way to sell the Lego.
thank you
 Author: rab1234 View Messages Posted By rab1234
 Posted: May 24, 2021 19:04
 Subject: Re: sell whole set or part it out ?
 Viewed: 42 times
 Topic: General
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rab1234 (1959)

Location:  USA, North Carolina
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Jun 15, 2018 Contact Member Seller
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Store: Blockbusting Bricks
If you have enough inventory to generate lots of orders, then clearly selling
parted out sets is more profitable. All you have to do is click on price guide
to see part out value vs whole set value. Part out is probably better 99% of
the time.



In General, wendybrowne writes:
  hello, In general is it more profitable to sell whole sets or to part them out?
can you share your experience on this subjet please? I am buying some new sets
and wonder what is the most profitable way to sell the Lego.
thank you
 Author: MrPetovan View Messages Posted By MrPetovan
 Posted: May 24, 2021 20:09
 Subject: Re: sell whole set or part it out ?
 Viewed: 50 times
 Topic: General
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MrPetovan (942)

Location:  USA, New York
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Store: MrPetovan's Clearance Sale
Where’s the Parted Out Price Guide?

In General, rab1234 writes:
  If you have enough inventory to generate lots of orders, then clearly selling
parted out sets is more profitable. All you have to do is click on price guide
to see part out value vs whole set value. Part out is probably better 99% of
the time.



In General, wendybrowne writes:
  hello, In general is it more profitable to sell whole sets or to part them out?
can you share your experience on this subjet please? I am buying some new sets
and wonder what is the most profitable way to sell the Lego.
thank you
 Author: Nubs_Select View Messages Posted By Nubs_Select
 Posted: May 24, 2021 20:11
 Subject: Re: sell whole set or part it out ?
 Viewed: 36 times
 Topic: General
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Nubs_Select (3768)

Location:  Canada, Ontario
Member Since Contact Type Status
Mar 15, 2016 Contact Member Seller
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Store: Nub's Select
https://www.bricklink.com/catalogPG.asp
 Author: MrPetovan View Messages Posted By MrPetovan
 Posted: May 24, 2021 20:15
 Subject: Re: sell whole set or part it out ?
 Viewed: 35 times
 Topic: General
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MrPetovan (942)

Location:  USA, New York
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Store: MrPetovan's Clearance Sale
Whoa, thanks, another page I didn’t any idea existed!

Still, it assumes you sell every single part from the parted out set, which is
unlikely in a short timeframe, so seller beware.

In General, Nubs_Select writes:
  https://www.bricklink.com/catalogPG.asp
 Author: Nubs_Select View Messages Posted By Nubs_Select
 Posted: May 24, 2021 20:18
 Subject: Re: sell whole set or part it out ?
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Nubs_Select (3768)

Location:  Canada, Ontario
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Usually, I am able to sell 50-75 percent of a new set in 12 months if it's
got lots of good parts.
 Author: MrPetovan View Messages Posted By MrPetovan
 Posted: May 24, 2021 20:42
 Subject: Re: sell whole set or part it out ?
 Viewed: 29 times
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MrPetovan (942)

Location:  USA, New York
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Ran the comparison for the 10295 Porsche 911, MSRP is $150 but price guide for
6-month sales average is a whopping $423, even selling just half of this amount
would be a good deal.

 
Set No: 10295  Name: Porsche 911
* 
10295-1 (Inv) Porsche 911
1458 Parts, 2021
Sets: Creator: Creator Expert: Traffic

In General, Nubs_Select writes:
  Usually, I am able to sell 50-75 percent of a new set in 12 months if it's
got lots of good parts.
 Author: peregrinator View Messages Posted By peregrinator
 Posted: May 24, 2021 20:43
 Subject: Re: sell whole set or part it out ?
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peregrinator (776)

Location:  USA, New Jersey
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Store: Faber Family Bricks
A good rule of thumb is to only part out sets where the price is 50% or less
of the 6 month average part-out value.

In General, MrPetovan writes:
  Whoa, thanks, another page I didn’t any idea existed!

Still, it assumes you sell every single part from the parted out set, which is
unlikely in a short timeframe, so seller beware.

In General, Nubs_Select writes:
  https://www.bricklink.com/catalogPG.asp
 Author: Nubs_Select View Messages Posted By Nubs_Select
 Posted: May 24, 2021 20:47
 Subject: Re: sell whole set or part it out ?
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Nubs_Select (3768)

Location:  Canada, Ontario
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Store: Nub's Select
Personally I always try to stay at a 3x return and try to never go below a 2.5
partout.
 Author: MrPetovan View Messages Posted By MrPetovan
 Posted: May 24, 2021 21:06
 Subject: Re: sell whole set or part it out ?
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MrPetovan (942)

Location:  USA, New York
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Doesn’t limit your options too much? Where do you get your new sets? Any discount
on new set would expand your choices.

In General, Nubs_Select writes:
  Personally I always try to stay at a 3x return and try to never go below a 2.5
partout.
 Author: Nubs_Select View Messages Posted By Nubs_Select
 Posted: May 24, 2021 21:15
 Subject: (Cancelled)
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Nubs_Select (3768)

Location:  Canada, Ontario
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(Cancelled)
 Author: MrPetovan View Messages Posted By MrPetovan
 Posted: May 25, 2021 06:32
 Subject: Re: sell whole set or part it out ?
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MrPetovan (942)

Location:  USA, New York
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Do you really mean half a tonne? Do you have a tipper truck for this kind of
transaction or is this the result of several smaller transactions? The heaviest
Used LEGO bin I've ever bought on Craigslist was 25 lbs and it was a little
too much for me to sort in one sitting, but it is just a fun hobby for me.

In General, Nubs_Select writes:
  Generally, I take full advantage of the lego website promos and often place multiple
orders and get like 40 copies of some of the promos for free and when you stack
multiple promos on top of 5-10% cashback from lego VIP and up to 3% cashback
from honey I can often get sets with good returns that way but lately I've
been going into used again and since it often has a decent return I buy like
1000lbs and that helps keep inventory up.
 Author: Nubs_Select View Messages Posted By Nubs_Select
 Posted: May 25, 2021 09:05
 Subject: Re: sell whole set or part it out ?
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Nubs_Select (3768)

Location:  Canada, Ontario
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Hi!
Yup indeed it is half a ton most of it has arrived but a couple hundred pounds
is still on the way. I was thinking of posting a picture or 2 in the forums once
I have it sorted.
 Author: MrPetovan View Messages Posted By MrPetovan
 Posted: May 25, 2021 09:44
 Subject: Re: sell whole set or part it out ?
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MrPetovan (942)

Location:  USA, New York
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I really am curious about how you receive them, are they stored in crates? Barrels?
Where can you even get this huge amount? Is it a business secret?

In General, Nubs_Select writes:
  Hi!
Yup indeed it is half a ton most of it has arrived but a couple hundred pounds
is still on the way. I was thinking of posting a picture or 2 in the forums once
I have it sorted.
 Author: Nubs_Select View Messages Posted By Nubs_Select
 Posted: May 25, 2021 09:45
 Subject: Re: sell whole set or part it out ?
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Nubs_Select (3768)

Location:  Canada, Ontario
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Mostly lots of 30 lbs from eBay it’s fun to get lots of packages
 Author: MrPetovan View Messages Posted By MrPetovan
 Posted: May 25, 2021 09:48
 Subject: Re: sell whole set or part it out ?
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MrPetovan (942)

Location:  USA, New York
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I agree, except when they don't arrive timely enough for my impatient self!
😡

In General, Nubs_Select writes:
  Mostly lots of 30 lbs from eBay it’s fun to get lots of packages
 Author: Nubs_Select View Messages Posted By Nubs_Select
 Posted: May 25, 2021 09:51
 Subject: Re: sell whole set or part it out ?
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Nubs_Select (3768)

Location:  Canada, Ontario
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That’s bad but it’s worse when tracking says delivered but then it doesn’t arrive
for a week still. (I’ve had it happen to a rather expensive package)
 Author: MrPetovan View Messages Posted By MrPetovan
 Posted: May 25, 2021 10:40
 Subject: Re: sell whole set or part it out ?
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MrPetovan (942)

Location:  USA, New York
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I've had this happen to me with FedEx for a LEGO.com package featuring the
42093 Corvette ZR1 set.

 
Set No: 42093  Name: Chevrolet Corvette ZR1
* 
42093-1 (Inv) Chevrolet Corvette ZR1
579 Parts, 2019
Sets: Technic: Model: Race

They've reshipped it one right away, but it was frustrating to me.

In General, Nubs_Select writes:
  That’s bad but it’s worse when tracking says delivered but then it doesn’t arrive
for a week still. (I’ve had it happen to a rather expensive package)
 Author: Nubs_Select View Messages Posted By Nubs_Select
 Posted: May 25, 2021 10:41
 Subject: Re: sell whole set or part it out ?
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Nubs_Select (3768)

Location:  Canada, Ontario
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I agree it is annoying
 Author: peregrinator View Messages Posted By peregrinator
 Posted: May 25, 2021 07:28
 Subject: Re: sell whole set or part it out ?
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peregrinator (776)

Location:  USA, New Jersey
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Store: Faber Family Bricks
Amazon and Wal-mart often have good deals. For example,

 
Set No: 76895  Name: Ferrari F8 Tributo
* 
76895-1 (Inv) Ferrari F8 Tributo
270 Parts, 1 Minifigure, 2020
Sets: SPEED CHAMPIONS

is selling for $15.99 at Amazon at the moment and its part out value is $46.37
- that's nearly 2.9, but more like 2.7 if you have to pay sales taxes.
 Author: MrPetovan View Messages Posted By MrPetovan
 Posted: May 25, 2021 08:22
 Subject: Re: sell whole set or part it out ?
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MrPetovan (942)

Location:  USA, New York
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Thank you for the example, I'm glad I am not in this hobby to make a profit
because this is the sort of rabbit hole I could easily fall in most likely resulting
in analysis paralysis or disastrous impulse buys.

In General, peregrinator writes:
  Amazon and Wal-mart often have good deals. For example,

 
Set No: 76895  Name: Ferrari F8 Tributo
* 
76895-1 (Inv) Ferrari F8 Tributo
270 Parts, 1 Minifigure, 2020
Sets: SPEED CHAMPIONS

is selling for $15.99 at Amazon at the moment and its part out value is $46.37
- that's nearly 2.9, but more like 2.7 if you have to pay sales taxes.
 Author: Nubs_Select View Messages Posted By Nubs_Select
 Posted: May 25, 2021 09:06
 Subject: Re: sell whole set or part it out ?
 Viewed: 24 times
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Nubs_Select (3768)

Location:  Canada, Ontario
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Impulse buys can make it fun
 Author: MrPetovan View Messages Posted By MrPetovan
 Posted: May 25, 2021 09:43
 Subject: Re: sell whole set or part it out ?
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MrPetovan (942)

Location:  USA, New York
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I mean, I just bough the 10270 Bookshop set while waiting for my BrickLink packages
to arrive, so I hear you, even though my wallet has objections.

 
Set No: 10270  Name: Bookshop
* 
10270-1 (Inv) Bookshop
2483 Parts, 5 Minifigures, 2020
Sets: Creator: Creator Expert: Modular Buildings Collection

In General, Nubs_Select writes:
  Impulse buys can make it fun
 Author: Nubs_Select View Messages Posted By Nubs_Select
 Posted: May 25, 2021 09:44
 Subject: Re: sell whole set or part it out ?
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Nubs_Select (3768)

Location:  Canada, Ontario
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xD
 Author: MrPetovan View Messages Posted By MrPetovan
 Posted: May 25, 2021 10:26
 Subject: Re: sell whole set or part it out ?
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MrPetovan (942)

Location:  USA, New York
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Doesn’t limit your options too much? Where do you get your new sets? Any discount
on new set would expand your choices.

In General, Nubs_Select writes:
  Personally I always try to stay at a 3x return and try to never go below a 2.5
partout.