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So why has the price of model kits gone up?


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I know better than jump in here.........

Per the inflation calculator a kit today vs a kit produced in 1965 should cost $15.

OK....that's still less than MSRP today.

AMT could sell 700,000 1965 Mustang kits and not advertise or promote at all.

Add to that Ford had payed for the 1965 Mustang molds via the promos etc.

Raw materials have gone up more than the rate of inflation. Otherwise gas should be $2 a gallon....see.......????

In 1965 there were a lot more model builders......I didn't know a single kid that Didn't build.....

And most of us had a hobby shop nearby.

Today......

Add licensing fees paid to the manufactures in place of payments from auto manufactures.

Greatly decrease the number of stores carrying your product.

Greatly decrease the number of model builders.

A kit sells a lot less than those 700,000 Mustangs or even 1.5 million Dukes Chargers.....Sold today??? I'll stay away from that one.

See where we are going???

Do the math....it's easy to see.

Want a hobby that's expensive??? Come on over to O scale 3 rail trains with me!!!! Lionel's new UP Big Boy retails $2200.00 IF you can get one.

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I was in WallyWorld today (stocking up on Chinese work shoes and incense) and saw a bunch of kits for $19.95. They also sell Testors spray paint, and just like in the old days, some moron had opened a can and sprayed stuff everywhere. Things never change, really.

Anyway, $19.95 for current Camaros and Mustangs and a few older kits, '55 Chebby convertible and a big Pete kit too.

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could we have some examples of just what kits have gone up and how much?

because I think some are either imagining it or overblowing it. because I haven't really noticed much myself.

note the OP is from Canada. well might be so up there that the price of models has exploded. might be the postage as discussed in another thread. or a million other things I suppose but I would like to see the magnitude of what is being discussed...and don't compare it to the sixties because we all know that is long gone.

jb

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There's some really dumb questions getting asked lately.... Either that or there's been too many people living in their 1950's bomb shelter & have just popped out into 2014....

It seems a lot of people in this hobby are stuck in the past, be it the 50s, 60s, or 70s..

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I was in Micheal's yesterday and picked up an AMT 70-1/2 Camaro for right around $10 after using a 50% off coupon, I had printed three of them but only got to use two of them due to my weekend commitments.

Remember to sign up to the Hobby Lobby and Micheal's web site to get their coupons emailed to you and to your (smart)-phone. You can save a ton of money a little bit at a time.

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There's some really dumb questions getting asked lately.... Either that or there's been too many people living in their 1950's bomb shelter & have just popped out into 2014....

It seems a lot of people in this hobby are stuck in the past, be it the 50s, 60s, or 70s..

The hobby of building model cars in the USA , and the people that partake in it are stuck in the 50's-70's.

Or just blame the Chinese, seems like thats what everyone likes to do now a days .

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Why does everyone blame the Chinese anyway?

It's not their fault they offer cheap manufacturing etc... If you want to blame someone/something, then blame ALL the companies taking their business to China. They're the ones who have sold us all out. They'll continue to do it too because we continue to buy their products, whatever they are. We feed the demand... The companies supply that demand.

Next time you're looking for a scapegoat, stop & think about who really is to blame...

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Just for reference, the 4 bedroom, 2 bath house my parents bought in 1958 in a small suburban town outside NYC, which cost them $12,500 at the time, now has an estimated market price (per Zillow) of approx. $550,000, a 44 fold "appreciation". In 1958 the minimum wage was $1.00/hr. and the average (median) household income was $5,100.00. Today those numbers are $7.50 and approx. $51,000.00, seven and ten fold "appreciation" respectively. A Chevrolet 4-door family sedan sold for about $2,500.00 then and about $32,000.00 now, a 12.8 fold "appreciation". So it's understandable if some things which are less popular now than they were then, and thus less efficient to market and distribute, "feel" quite expensive when many of the basics like transportation and housing have increased in cost far more than household earnings.

My local LHS sells new-release (including re-issues...) model kits from the US "Big Two" for between $26.00 and $30.00 these days.

Edited by Bernard Kron
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I haven't been in modeling that long, but I remember when kits were usually around $15-20 and now they're pushing $25 at Micheal's, at least the new releases... paint used to be a buck and now it a buck and a quarter... also all the hobby shops are closing down around me, eventually I'll have no more hobby shops around me anymore, except Micheal's and Hobby Lobby (both are having price increases as well)...

I don't have LHS anymore, not that I ever did, so we have to drive 30, 45 minutes just to get to a hobby store....

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Although I would like kits to be less expensive than they are I really think they are worth the money. On a normal build I take 2 to 3 weeks to finish a kit. I don't always add the extra after market stuff. So if you factor in some paint and glue and other supplies say what 15 bucks per kit more or less you/I have about 40 bucks in a kit give or take. Say I do 2 kits per month. That figures out to roughly 80 bucks a month again, give or take. What other hobby can you do for only that much a month ? When I go shooting I burn up more money than that in a couple of hours in ammo. Plus I can't do that in the house ! Your costs may differ.

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Yeah, wouldn't it be nice if kits were $10 and found at every retail store?

Keep in mind that shipping kits from China to the US is costly; someone has to develop these kits and they don't work for free;operating a retail store is very expensive, which is why the internet is a cheap alternative;profits from the sales of kits is needed to offer more or new kits;

As has been illustrated by others, many other items have risen in cost so it is only natural that models would follow suit.

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