KrennPowerSports
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- john
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I see this often in various products.... Could I be wrong? absolutely, but I've based my living on what i've learned over the last 35 years in the buying/selling business. So take this with a grain of salt.
First editions of something like this always spike (especially if they are a great new innovation, ie C8). As this happens, the early orders get re-sold because of the temptation of profit. If you have an awesome product, you don't sell it because you don't like it, you sell it because you see, $5k-100k in your bank account and you determine that its worth waiting for prices to come down to buy another and pocket the cash....
This also happens in the stock market during runs.... and this will play into my prediction shortly.
So my prediction is prices will stabilize well over MSRP for the next 2 years. You ALWAYS get a HUGE spike on price then an even bigger drop right after then another jump back up but to a much smaller amount than original jump in pricing. This is on anything like it. Profit, is the ONLY thing motivating re-sales. As the profit margins come down with all the people selling, that will drop off and prices will tick upward again. I'd guess the 120k mark is where they will stay for a while. No supply, huge demand and the more out there, the demand will become even greater (not less like some people think).
SO the people saying the prices are "tanking" are correct, but it will only be for a short span. This is just how supply vs demand works..
First editions of something like this always spike (especially if they are a great new innovation, ie C8). As this happens, the early orders get re-sold because of the temptation of profit. If you have an awesome product, you don't sell it because you don't like it, you sell it because you see, $5k-100k in your bank account and you determine that its worth waiting for prices to come down to buy another and pocket the cash....
This also happens in the stock market during runs.... and this will play into my prediction shortly.
So my prediction is prices will stabilize well over MSRP for the next 2 years. You ALWAYS get a HUGE spike on price then an even bigger drop right after then another jump back up but to a much smaller amount than original jump in pricing. This is on anything like it. Profit, is the ONLY thing motivating re-sales. As the profit margins come down with all the people selling, that will drop off and prices will tick upward again. I'd guess the 120k mark is where they will stay for a while. No supply, huge demand and the more out there, the demand will become even greater (not less like some people think).
SO the people saying the prices are "tanking" are correct, but it will only be for a short span. This is just how supply vs demand works..
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