Has this turned into an argument about who is allowed to buy Lego as an investment?

I'm curious where the dividing line is that makes some people a lowlife and others not.

only problem is now - everyone will buy this!
good deal tho

That's the idea- to buy them. Thanks ordered one. Hopefully they grab it off the shelf before someone in the store does.
Big thanks. Wanted this set for the joker. Hopefully he won't appear again otherwise it was an expense Joker!

Thank you! This is an incredible set!

Got a couple, see if they are worth much in a few months, really want to play with it though xD.

I won't be surprised to see this fetching £400 next Christmas if you want it as an investment.

Great set. Great set. Ordered one. Thanks for posting.

I'm tempted as I've wanted this for awhile but turned down the chance of buying it when cheaper (albeit slightly £127). The fact they are retiring this makes me want to jump, but I bought a Sonos Play:3 yesterday lol.... I hate this site at times.

This is easily the best Lego build I have ever done.

So glad we got a Taj Mahal a few years ago!

That didn't stay in stock long, C+C'd at my local. Lego have now listed a few sets as "retiring soon" on their site, including Red5 X-Wing and Death Star.

They only surge in price once they are discontinued.
If you look at the last modular building to be dropped, within twelve months it had tripled in price.

Too bad.. No delivery? :disappointed:

still available for click and collect

About half their stores still have stock.

This is not me having a moan. Repeat: This is not me having a moan.

Now can someone explain to me how a Lego car is considered a bargain at £130?

Sold out

It was about 6 months ago I saw on this site, £15 (can quadruple into days out) of tesco vouchers if you spend £75 on lego. I thought "hey why not, £75 worth of lego for £15?! A steal.
I'd never bought lego models before, "it's overpriced!!" I thought. The 3 star wars models I bought were meant for Xmas presents, and I built them one by one that night.

Ultimately, this site has cost me £1000s in deals. But lego? This is gonna cost me much more over the years.

I want, I want, I want.

Any examples of this happening? I didn't even know Lego sets got retired.

Was that the fire station? I got one from John Lewis last year and they sent it in a plastic bag = big gouge in the box. Had to send it back. Went up 50% in six months :disappointed:

sold items...

http://www.ebay.co.uk/sch/i.html?_from=R40&_sacat=0&LH_Complete=1&LH_Sold=1&_nkw=lego&_sop=3

Look up 10179, for the best example. All the bigger sets do well once retired.

The Lego Town hall was about £120 when it was retired in December 2014. These are the completed listings on ebay
http://www.ebay.co.uk/sch/i.html?_from=R40&_sacat=0&_nkw=lego%20town%20hall&LH_Complete=1&rt=nc&_trksid=p2045573.m1684

The most extreme examples are some of the bigger Star Wars sets which have gone from around £250-300 to more than ten times that.

It does make me chuckle that this deal is hotter than the Smyths 20% off weekend in September when you could have picked this up for £128

Thanks for the reply and I'm not having a pop, I promise I'm not. But what I still don't understand is why it's anything like either £160 or £130 in the first place.

I am, because I've got one and a death star and a gigantic schlong.

You bought it for RRP and its only cheaper at this 1 retailer who is trying to shift Massive boxed stock from their shelves/warehouse. All large Lego sets like this that once go out of production increase in value. Just bide your time.

OP how did you find out this one is being retired and where can I find a list of retired lego sets

I've had a quick search for a few of my sets and I've come to the assumption that it is only the mega sets like the one posted that shoot up in value once they are retired.

HUKD members as per usual doing their bit to spurn the next wave of QFLL's trying to "make it rich"

BUBBLE TROUBLE

Has anyone else had his c&c order cancelled? thanks!

Yep, not everything is a good investment. As a rule of thumb, it helps if it's a £100 or more set from one of the better known themes like Star Wars. It needs to be a good looking model that appeals to adult fans with nerdy tendencies, and if it's had a short lifespan like this has, so much the better.

looks like you did manage to grab a few :smile:

http://community.brickpicker.com/topic/402-what-lego-set-did-you-buy-today/?page=574#comment-532019

If only heat could be given :smile:

Order cancelled, i ordered before it was even posted on here!

Because it's a licenced item and its 1000+ pieces.

Order cancelled too.. really..... :disappointed:

Sorry lego fans but ive got this for chrimbo on the bay item 272056319683 and looks as good

back in stock on website for home delivery and click an collect

​Search for the UCS Milennium Falcon 10179
cost £470 when it was released, now goes for about £4-5000

Now available for home delivery.

Shows out of stock for home delivery for me

Bought. Always wanted one. Panic bought due to the fact you said it was expiring soon. Waaah

Cancelled my order an hour later. Not in stock in my two nearest stores. Bad Luck.

Lego Delorean. Selling on Ebay for 100-120 unopened, was only 35 new.

The prices you are quoting are inaccurate. Firstly it retailed for £350, secondly the highest UK sold prices are at the top end £3500. Quoting the holy grail of sets as an example of inflation is a deceptive example. Back in 2007 investing wasn't commonplace and sets from that era can garner a high premium. Now the profits are more difficult to come by because the market is getting saturated with QFLL's.

Tesco had it for 24quid at one point!

Grow up.

Shut up

I didn't expect anything less than petulant from you, referring to people as qfll's, because you can't get a hold of the market?!

Nothing to do with controlling the market f**ktard. Sounds like you're one of those butt hurt quick flipping low lifes

Get the cheaper version. One its a hell of a lot cheaper, and still im told looks as good :-)

It's ironic that people come on here to preach about the glories of Lego reselling quoting the most lucrative of deals as examples of all pastures green, just to go on and sell products as a QFLL for small profits a week later. Funny how paying taxes on earnings, fees and competition never seem to work themselves into the conversation.

Has this turned into an argument about who is allowed to buy Lego as an investment?

I'm curious where the dividing line is that makes some people a lowlife and others not.

This is ridiculous. It's a great deal, selling it on or not!

They go for £160 upwards so you are already looking at a good 20% profit before you even walk out the shop and that's the point.

Well we aren't all morons who can't work out how selling the odd item works. Firstly you don't pay tax on selling items like this unless you are a buisness(or sell £1000s worth a year), and seller fees don't exist if you sell on a free site (you are obviously a ebay drone, moaning of shipping and fees)

Christ you just hate the fact someone else may have a better idea at something than you. Like explained before, go and see the lego delorean, well over £100 now but we're 1/4 of the price on release. It's there in English to read the history of pricing but idiots like you are too stupid to listen to others.

Generally you are are probably the person who doesn't understand a bargain when you see one.

anyone had theirs dispatched yet?

*because you are so IGNORANT I thought I'd prove you wrong*

http://uk.camelcamelcamel.com/LEGO-Cuusoo-Back-The-Future/product/B00DQC2FPM

The history of the delorean price and value.

And the legitimate sellers are the people who make it possible to buy something, in new condition, once it's discontinued.

Fool.

jonnyh132 really hasn't got a clue and his/her/its attitude towards other HKUD members is well out of order. Paying tax on an item sold with the intention of making a profit is MANDATORY, there is no excuse. eBay are within their rights to report sellers to HMRC which has happened on occasion. I got rumbled in 2010 and had to pay a £2,500 fine for tax avoidance. With the fees, risk, **** buyers requesting perfect boxes, timewasters with returns, careless couriers and tax.... it's not really worth reselling LEGO anymore. The days of sets reaching 3x RRP when it was worthwhile are now long gone. LEGO are also planning to launch their "LEGO Again" website in 2016 where any retired set can be obtained at RRP (instructions included but, plain box) if the buyer is willing to wait 28 days for delivery. So glad I'm getting shot of the sets I have.

Do you have any information about this Lego Again website?
It sounds interesting, but there's a lot of parts that are no longer in print, and the further back you go, the lower the RRP would be in relation to current sets. I don't know how much 928 would have cost in 1979 but I'd quite happily buy a brand new one for that much now.

Selling an item here or there isn't going to require declaring your earnings but very few eBay and Amazon 3rd party sellers are selling one or two sets. You seem to be a little confused with your understanding of how tax works. You don't have to be a registered business to be applicable for paying tax, selling for profit once over the threshold requires declaring your income irrespective of who you are.

The Delorean has done incredibly well since retiring last year, don't think anyone could have predicted it would be selling for the money it is now. Anyone can highlight a set that's shown good ROI, it's a whole different ball game predicting what will retire when and what will perform well when retired. If stupidity is based on whether or not I listen to the views of others on this site then I guess I'm guilty as charged. I've been selling Lego for years and it never seems to amaze me how clueless, inexperienced and lacking in accuracy most of the investing information is that's passed on this site.

You're the ignorant fool if you believe that The Delorean's success is representative of Lego reselling profits. TLG release 500-700 sets each year and you quote the best performing set in recent time as a basis for your opinion. And what about the hundreds of sets that retire each year that struggle to make retail price? It's not a question I want an answer to, I don't care for your opinion. I've seen comments like yours a hundred times over. Think you've got all the knowledge and answers but really haven't got a Scooby Doo about the pitfalls and difficulties faced with a highly competitive reselling market. I'm done talking with you.

"RETIRING SOON" means nothing. The Death Star displayed this 3 years ago and it's still with us and very widely available. If LEGO was really retiring this set, the buying limit would be >1 to get rid. It's a POOR seller, make up your own mind. I listed one on eBay last year at £99 start and not a sniff.

The point I was making was good value is good value. I don't buy lego myself for profit, but I have PLENTY of items from my childhood that are worth more now than then. Even used toys.

I just got annoyed how certain people are blasting somebody's plan of selling in future. It's all the buyers risk so why bother having a pop?!

If anyone is looking for the Tumbler in East London there are a couple left at the Charlton store. Website showing as not available for click and collect but they were there on the shelf.

My two came today, damaged boxes. Not happy as I got these as collectibles.

MIne was dispatched last night.

Yeah, I just said I would like replacements or money back. I don't want them with holes in the boxes and damaged boxes. I was going to save it, see if one day its worth something.

Yep, it works out about the same once you've offloaded the Gingerbread House.

Just don't buy from Argos otherwise you'd just get them in a bin liner! I've always collected anything of value.

You know where is good, Asda, Massive thick solid boxes. Great click and collect!

Is this really happening? I'm sure a huge percentage of Lego's sales are made up from collectors and investors and if they went ahead with this, they would probably completely wipe out a large portion of their market for new sets. There are plenty of folk who don't care about boxes, so for them it is a good idea but true collectors like the boxes so all this will do is push up the value of collectable sets even further.

I don't understand the hatred on here for QFLL's, that's just how life works in today's cash greedy society.

I suppose it is good for those too that have 10179 and don't care about the box, just put the "new" pieces in the old box and cash in.

I do not have an opinion either way regards to who buys and for what purpose and how many, however, what I think we can say as a business model, Lego does not care who purchases the product, £169.00 is £169.00 spent regardless.

I believe at present Lego is regarded as a premium product (look at the prices and product placement itself toward the higher end), therefore, it would seem counter productive to essentially devalue the product via this reported factory making older Lego sets in brown packaging.

The whole idea does not sit right as Snatch_Master rightly says. Who am I to say if its fact or fiction, but a sure fire way to devalue a product and alienate a large loyal customer base.

FQLL's all over this thread - what is an FQLL?

Surely the "QFLL" (never come across that acronym before - is it used just by the lego fraternity, or for used car salesmen too?), anyways - surely the QFLL are the ones that make all this more lucrative for the long termers?? Surely if you're long term, you want the QFLL so there is less competition / saturation when you come to sell on your own items further down the line?

My biggest regret is not getting the Delorean (not for re-sale - just for the geek factor). :disappointed: At the time I didn't release sets' "retired", and kept thinking "i'll buy it later"... little did I know :disappointed: no-way I'm paying stupid money for one now though!

Oh that's not nice, we should come up with one of our own lol something like GLH - Greedy Lego Hoarders :smile:

QFLLs are all over eBay and not just selling LEGO, I used to be one until it got too competitive and ended up as hard work for less than minimum wage. I've now moved onto to Quick Flipping other items where box condition doesn't matter.

I was literally about to order this from the Lego store today after umming and ahhing over it for a while and was so gutted to see my local Smyths store was showing as having NO stock after this deal was posted. Anyway, long story short, I was out anyway so stopped into my local store....and lo and behold what did I spy sitting on the top shelf. You guessed it! Happy chappy :smiley:

Its in stock online for home delivery.

Ordered for home delivery. Thanks OP.

I'm offloading a lot of my sets now for buy-in plus 5%. This 5% will be donated to British Airways' Flying Start charity as I;ve had permission to post adverts in their kitchen areas. I've offloaded a lot already - result. Not a penny profit for me but, I felt sooooo good. I've been known to be greedy but, I make sure that my local school is OK and that the charities I support have their fair share. Any charity that cold-calls me gets nothing!

BTW... I just ordered 4 at Reading (discounted) on my way home from work which are being sent from another store. I hope that 3 pay for 1 where I'll build it, display and then donate later on.

Speak to a Smyths manager and they can source one for you from another store if you're polite.

Got one for £117 with staff discount thanks to seeing this. On the day this was posted we had one single guy come along and buy 4 of them. To the people saying they don't believe about buying and reselling Lego as a way to make money that actually works, they're totally wrong. Every single set I've bought in the last 3 years has gone up in value once discontinued - even the opened sets (with box and instructions) are selling for more than they cost me new in a lot of cases.

I've spent probably about £1000-£1500 on it in the last 3 years and if I sold it all would get close to £3000 based on completed and sold eBay listings. For a bunch of boxes that sit in my cupboard for years it's easy profit.

Now in stock but price is back t £160

Swines, now £159.99

There are still good reale options out there from time to time. I got 70404 and 60022 last year for £55 each and both now sell for £130+ regularly. I have to admit I do regret only buying the one of each my boy wanted, not much else will give you 100% return in 12 months, even after ebay fees.

I ordered from them when it was posted on here but they have now cancelled it for some reason? They say No payment has been taken and we have now made a request for the pre-authorised amount on your card to be released. I just contacted my bank and they say they havnt released the funds. Anyone have any idea on how long they take to release your payment?

I ordered from them when it was posted on here but they have now cancelled it for some reason? They say No payment has been taken and we have now made a request for the pre-authorised amount on your card to be released. I just contacted my bank and they say they havnt released the funds. Anyone have any idea on how long they take to release your payment?

Managed to get one when I saw it was back in stock for delivery. Ta.

Yep, back up to full price now. Still, was good while it lasted, and I'm glad plenty of you got one.

Mine arrived via Hermes today, all pretty much pristine, which is nice.

Mine was left sat on the doorstep by Hermes.

Had I been dishonest I could have denied all knowledge and demanded a refund.

Mine arrived today via Hermes. This set certainly looks huge and they have packaged it very well to avoid any damages.

Errrr, no, I didn't.

Sorry misread I thought you said that's what did

The Red 5 UCS X-Wing has just gone discontinued, and that's already jumped up in price.