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Friday, April 13, 2018

LEGO Maths - GWP : 20180414


Yesterday was the launch of LCS GWP : Star Wars Anniversary Pod.

And as per usual, the same questions will be asked over:
1. Is it worth collecting?
2. Is it going to increase in value?
3. Is it worth the price?
4. Should i just buy the item off resellers straight?

1. I will always reply: If you never collect it, it is never worth collecting. In the end, its just plastic. not gold.
2. I will always reply: Its a toy, not a stock. If you just buying for value, you will be better off looking at other investment tool. In the end, its just plastic. not gold.
3. Here we will see how the maths works.
Most of the time, we can try getting LEGO sets at 20% off which is quite easy.
In this scenarios, the GWP needs to clock $100, which means you will need to get LEGO up to $120. (Note: the ideal number is $111; but for the sake of item selection and price tag, using $120 is easier to see the point.)

LCS : $120 = $108 + GWP
Others : $120 = $96

So the difference in price is the "value" of the GWP, in this case will be $12.

In future, when the sets you get for the GWP drops in price, you can consider that to be the value of the GWP. However, that is largely speculative.

4. Depending on how much the reseller is selling  and your budget. Though the "value" of the GWP is $12 in this case, you will need to spend $108, not $12. Resellers are after a profit or to just bring up the discount of their sets  whichever is higher. Hence, $24 which will bring the discount of thier sets to 30% is sort of reasonable. However, I do expect the offered price to be much higher.

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