... I don't read the fine print in the catalog, but if MTH was doing something like the Lionel BTO, we would have heard about it. It would have been all over the forum. ...
Lionel is the only importer that really made a "big splash" about BTO, because they have such a large dealer network (compared to MTH, Atlas-O, and Sunset/GGD) and wanted to step away from managing product inventory Stateside starting a few years ago for big-ticket items. By going BTO, it's now the dealers/distributors who manage inventory of any "extra" units they chose to order beyond the units backed with confirmed customer pre-orders.
I'd almost be inclined to say MTH, Atlas-O, and Sunset/GGD have been "BTO" all along for many years now. They just didn't make a big deal of it the way Lionel chose to do with all the marketing gibberish. We could argue that Sunset/GGD has been strictly "BTO", since enthusiasts typically reserve product directly with Scott Mann at Sunset/GGD -- no dealer middleman. And I get the impression that the only "inventory" that Sunset/GGD has Stateside are those pieces where a pre-order customer cancelled or backed out.
MTH and Atlas-O seem to have healthy dealer networks (MTH moreso than Atlas-O). And for esoteric road-name offerings, it's probably safe to assume those products have been -- and will continue to be -- BTO.
Aside from Sunset/GGD, the important nuance to keep in mind about Lionel, MTH and Atlas-O's BTO is: It's really BTO between the importer and the DEALER/DISTRIBUTOR -- not the consumer! So exactly "how many extra" units are in the marketplace above and beyond those units actually ordered by consumers is largely an unknown number except, of course, by the importer (who isn't gonna tell us anyway).
Bottom line... for the most part, it's really business-as-usual for everybody UNTIL dealers tighten their orders for "extra" BTO items. The thing that Elliot tripped over may actually be a policy-change with Charlie Ro in terms of pre-order deposits. Charlie hasn't required ANY deposit on Lionel pre-orders for as long as I've purchased from him (back to the 1970's). In recent years, I've noticed Charlie carrying more MTH product -- which isn't all that surprising since Lionel's move to BTO was really a poke-in-the-eye to their largest dealers (by allowing smaller shops to more easily compete for pre-order business). But I don't think Charlie "stocks" lots of MTH or Atlas-O product -- if any -- beyond what his clients may pre-order... in essence operating on a BTO model for those items.
I ordered a bunch of Atlas-O well car containers from Charlie earlier this year, which required a 20% deposit since it was considered a "special order item". Perhaps Charlie is also treating the more expensive MTH items similarly starting with the new catalog(s). I know I ordered MTH Premier from Charlie a couple of years ago with no deposit required. But that might be changing now if too many customers cancelled pre-orders -- leaving Charlie holding the product(s) in inventory.
I will say this to any dealer reading this forum: Given the uncertainty and volatility of the overseas Asian labor market right now (resulting in ridiculous product delays like we're currently experiencing with Atlas-O locomotives), there's NO WAY I would place deposits on pre-orders as a general rule. I did it ONCE with Charlie Ro for the Atlas-O containers, because it wasn't a huge order anyway... and I'm reasonably comfortable that Atlas-O won't cancel production of the containers. If they do, then I've purchased enough with Charlie to know that my deposit can be applied to something else I'm gonna buy from him. And I know that Charles Ro Supply isn't going anywhere anytime soon.
But as a general rule... my pre-orders now are far and few-between (compared to my buying pattern years ago). So when I do pre-order a one-off item nowadays, "no deposit" is the rule. And payment in full upon delivery will be the norm. I'm not about to start bankrolling the dealer or the importer to help them make profits in their business. As the sayings go: No risk -- no reward. No pain -- no gain. So why should the consumer (who isn't making any profit on the deal) be the bearer of risk. Sorry folks... if that's the direction we're heading, I'll gladly watch from the sidelines. After all, the items most of us are buying today fall into the purely-nice-to-have, bonus category. Toy train production could shut down in its entirety tomorrow, and most of us already have more trains than our grandchildren would ever need to have fun!
David