Go Back  RCU Forums > RC Airplanes > Kit Building
Reload this Page >

Kit price and collectability..

Notices
Kit Building If you're building a kit and have questions or want to discuss kit building post it here.

Kit price and collectability..

Old 06-10-2016, 10:54 AM
  #1  
foodstick
Thread Starter
 
foodstick's Avatar
 
Join Date: Mar 2005
Location: ankeny, IA
Posts: 5,559
Likes: 0
Received 2 Likes on 2 Posts
Default Kit price and collectability..

When ARFs came out, kits sitting on peoples shelves dropped in value for resale..

Then there was a huge collector surge and those same kits went up in price.

Now with the greying of the builders, including me, and the very low build rate ...are we going to see a fall in collector kit prices? I don't know how values can stay high with very few builders and I don't think the younger rc group will horde them for the future either..

What do you think?
Old 06-10-2016, 12:01 PM
  #2  
tailskid
My Feedback: (34)
 
tailskid's Avatar
 
Join Date: Nov 2001
Location: Tolleson, AZ
Posts: 9,477
Received 3 Likes on 3 Posts
Default

I tend to agree with you....not too many 'young' collectors, BUT there will always be collectors. I'm dipping into my 'stash' of kits....debating between Midwest Cap (80") or an Ohio R/C Extra 300....decisions, decisions
Old 06-10-2016, 12:09 PM
  #3  
Bax
My Feedback: (11)
 
Join Date: Apr 2002
Location: Monticello, IL
Posts: 19,483
Likes: 0
Received 3 Likes on 3 Posts
Default

Actually, prices are pretty good right now. It all depends upon the rarity and desirability of the kit. For example, you can sell some of the FLAIR 1/4-scale airplanes for $600 and up, and they were originally about $400 when new. Some of the rare and highly-demanded Top Flite kits, like the Bonanza, command premium prices. Other kits that are nice, but not so rare, like an Andrews Aeromaster, command much more modest prices.

All in all, it depends upon how much you will take, and how much the buyers will offer you. If you're selling, list it with your price. If you get no nibbles after a reasonable amount of time, then lower it a bit. You may get counter-offers and then you can negotiate the final price. People will (naturally) try to lowball you. If it's too low for you, tell them "no" and either counter-offer or just turn it down.
Old 06-12-2016, 07:35 AM
  #4  
aymodeler
My Feedback: (3)
 
aymodeler's Avatar
 
Join Date: Feb 2010
Location: Hartland, CT
Posts: 286
Likes: 0
Received 0 Likes on 0 Posts
Default

I have been wondering about the exact same thing myself.

Based on anecdotal observations, I get the feeling that the collector market has slowed down, but I also agree that prices have not really dropped (not yet anyway). I suspect that I am somewhat typical of a lot of collectors who have built up a collection that they are not yet ready to part with, which is helping to keep the prices high. But I also suspect that there are not a lot of new folks coming into the market, so prices are likely to start coming down at some point. Whether that is going to happen in 6 months or 60 months is anyone's guess though ...

Very few collectible items hold their value indefinitely, but I didn't buy my kits as an investment and I do plan to build them all ... someday
Old 06-13-2016, 01:18 AM
  #5  
3136
Senior Member
 
3136's Avatar
 
Join Date: Oct 2010
Location: Victoria, AUSTRALIA
Posts: 969
Likes: 0
Received 0 Likes on 0 Posts
Default

Once a few old timers start falling off the perch, their wives and kids will sell off the kits, when enough true builders keel over, the prices will drop away.
By then we'll all be too bloody old to have fun building and flying them, so all those beautiful kits will be hoarded in sheds/spare rooms till they are of no use to anyone.
All the young ones want foam and balsa arf crap now.
One day you'll see kits in antique shops.
Old 06-13-2016, 05:10 AM
  #6  
Michaelj2k
 
Michaelj2k's Avatar
 
Join Date: Sep 2006
Location: Newark, DE
Posts: 1,110
Likes: 0
Received 0 Likes on 0 Posts
Default

Originally Posted by 3136 View Post
One day you'll see kits in antique shops.
That's happening now at stupidly ridiculous prices set by dealers who think they know this facet of the hobby market.
Old 06-13-2016, 06:50 AM
  #7  
Bax
My Feedback: (11)
 
Join Date: Apr 2002
Location: Monticello, IL
Posts: 19,483
Likes: 0
Received 3 Likes on 3 Posts
Default

Some of the dealers I've seen have kit boxes full of useless wood, but no real airplane in the box. Just the plans sheet and a lot of scrap wood. I mentioned this to one dealer, and they weren't too pleased to hear that.

I have seen good kits now and then at flea markets, in dealers' shops, and antique malls, and you can always negotiate the price. Sometimes, though, the dealer really likes their items, so you just have to walk away from the item if you don't like the price. RCU's marketplace and eBay are the best places to buy kits, other than RC swap shop events.

Last edited by Bax; 06-17-2016 at 06:21 AM.
Old 06-13-2016, 09:58 AM
  #8  
carlgrover
 
Join Date: Jan 2002
Location: Decatur, AL
Posts: 715
Likes: 0
Received 3 Likes on 3 Posts
Default

With some exceptions, I think the price of kits will go down. Some kits are now being manufactured again by cottage industries like Bluejay models. Plans are available all over the place in PDF format too so if you can build from plans, you don't need a kit anyway. I laughed at an ancient, beat up Aeromaster kit for sale at Perry a couple of years ago. The guy told me it was a rare collectable and wanted a mint for it. Ok, fine but I can have the plans printed out and be cutting up parts pretty easy for that one and many others.


carl
Old 06-13-2016, 02:57 PM
  #9  
mgnostic
 
mgnostic's Avatar
 
Join Date: Jan 2003
Location: Kamay, TX
Posts: 1,177
Received 12 Likes on 12 Posts
Default

In the past building was a matter of "had to", now it's a matter of "want to". In some regards we are in a second golden age of building. If you can come up with a set of plans there are small shop laser cutters who will cut you a kit at a very reasonable price. You can have a copy of a classic out of production kit with better quality cutting than the original ever had. You can also get a cutting of that rare oddball airplane that would have never been a mass production success. You can even do a limited production run of your own design. With that in mind why drop big bucks on a crusty old kit with brittle parts and crumbling plans unless the kit itself really means something to you. That said I have several old kits in the building que. The price was right and they were airplanes that i wanted.
Old 06-14-2016, 03:53 AM
  #10  
3136
Senior Member
 
3136's Avatar
 
Join Date: Oct 2010
Location: Victoria, AUSTRALIA
Posts: 969
Likes: 0
Received 0 Likes on 0 Posts
Default

Hi Matt, I have seen your posts here and there a few times and often wondered what your avatar picture was, is that a pet Owl?
Old 06-14-2016, 08:06 AM
  #11  
Michaelj2k
 
Michaelj2k's Avatar
 
Join Date: Sep 2006
Location: Newark, DE
Posts: 1,110
Likes: 0
Received 0 Likes on 0 Posts
Default

Originally Posted by carlgrover View Post
With some exceptions, I think the price of kits will go down. Some kits are now being manufactured again by cottage industries like Bluejay models. Plans are available all over the place in PDF format too so if you can build from plans, you don't need a kit anyway. I laughed at an ancient, beat up Aeromaster kit for sale at Perry a couple of years ago. The guy told me it was a rare collectable and wanted a mint for it. Ok, fine but I can have the plans printed out and be cutting up parts pretty easy for that one and many others.

carl

Lazer Works has a short kit and canopy available for a lot cheaper than that "collectable".
Old 06-16-2016, 12:41 PM
  #12  
mgnostic
 
mgnostic's Avatar
 
Join Date: Jan 2003
Location: Kamay, TX
Posts: 1,177
Received 12 Likes on 12 Posts
Default

The bird pictured in my avatar is a Mississippi Kite. I hand reared it from a ball of fluff that had fallen from it's nest. It was just getting in its juvenile feathers when that photo was taken. The adults are a blueish grey color. Although they are shaped like a small falcon they are insectivorous and catch their food on the wing. I have considered an owl as a pet but from what I have read owls owls are the high maintenance, jealous, psychopathic girlfriends of the bird world.
Old 06-17-2016, 10:23 PM
  #13  
3136
Senior Member
 
3136's Avatar
 
Join Date: Oct 2010
Location: Victoria, AUSTRALIA
Posts: 969
Likes: 0
Received 0 Likes on 0 Posts
Default

Hi Matt, that's interesting, thanks for that. I'd love to have a kestral, but it requires way more time than I could dedicate.

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off


Thread Tools
Search this Thread

Contact Us - Archive - Advertising - Cookie Policy - Privacy Statement - Terms of Service - Do Not Sell My Personal Information

Copyright 2018 MH Sub I, LLC dba Internet Brands. All rights reserved. Use of this site indicates your consent to the Terms of Use.